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Pepe Escobar — EU finally stands up to US ‘bullying’ over Iran sanctions

Summary:
Brussels sets up a 'special purpose vehicle' to bypass the US dollar and allow financial transactions with Tehran to continue... This single initiative means Brussels is attempting to position itself as a serious geopolitical player, openly defying the US and essentially nullifying the Iran demonization campaign launched by the White House, CIA and State Department.... Asia TimesEU finally stands up to US ‘bullying’ over Iran sanctions Pepe Escobar

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Brussels sets up a 'special purpose vehicle' to bypass the US dollar and allow financial transactions with Tehran to continue...
This single initiative means Brussels is attempting to position itself as a serious geopolitical player, openly defying the US and essentially nullifying the Iran demonization campaign launched by the White House, CIA and State Department....
Asia Times
EU finally stands up to US ‘bullying’ over Iran sanctions
Pepe Escobar
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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