|
"RIP SPLC: I Endured Their Wrath"
"Warmth of Collectivism Mamdani Declares ‘Historic’ Crisis After Blowing Deadline, Pushes State Bailout"
"The Political Violence Epidemic Plagues Correspondents’ Dinner"
"Virginia Dems May Have Gerrymandered Themselves Straight Into a Legal Buzzsaw - Former AG Explains It All"
"Mamdani Hopes Racial Agitation Succeeds Where ‘Affordability’ Has Failed"
"New: Iran Is Already Blatantly Violating the Ceasefire, Large Missile Barrages Reported"
"No on Virginia’s Gerrymander"
"Senate Votes to Open Debate on Landmark Voter ID Bill"
"The American Islamist Threat Never Left Us"
"Trump to Attend White House Correspondents' Dinner"
"Islamic Republic of Iran Not Dead Yet, Reportedly Using Electronic Warfare in Crucial Strait of Hormuz"
"Can Britain Be Restored?"
"Trump's Big, Beautiful Cartel Crackdown: 92 Cartel Members Extradited Before Jalisco Raid"
"Why the Left is Triggered by Western Culture"
"The Uncomfortable Truth About Trans Violence and Political Radicalization"
"AOC’s Risible Performance"
"Why the Outrage Over the Cuts at the Washington Post Is So Annoying"
"New Poll Crushes Dem, Media Narrative: Americans Demand Mass Deportations, Back ICE Overwhelmingly"
"Democratic Overreach on Immigration Beckons"
How to negotiate to buy a car
Trump warns of a 'massive Armada' headed towards Iran
End Times Prophecy: Trump Says Board of Peace Will Override Every Government & Law – 10 Kings Rising
Maine's legendary 'Lobster Lady' dies after working until she was 103 and waking up at 3am every day
Hannity Says Immigration Raids at Home Depot Are Not ‘A Good Idea’
TREASON: Their PRIVATE CHAT just got LEAKED.
"Homan Plans to Defy Spanberger After ‘Bond Villain’ Blocks ICE Cooperation in VA: ‘Not Going to Stop’"
"DemocRATZ Radical Left-Wing Vision for Virginia"
"Tim Walz Wants the Worst"
Border Patrol Agents SMASH Window and Drag Man from Car in Minnesota Chaos
"Dear White Liberals: Blacks and Hispanics Want No Part of Your Anti-ICE Protests"
"The Silliest Venezuela Take You Will Read Today"
Michael Reagan, Son of Ronald Reagan, Dies at 80
Patel: "Minnesota Fraud Probes 'Buried' Under Biden"
"There’s a Word for the West’s Appeasement of Militant Islam"
"The Bondi Beach Jihad: Sharia Supremacism and Jew Hatred, Again"
"This Is How We Win a New Cold War With China"
"How Europe Fell Behind"
"The Epstein Conspiracy in Plain Sight"
Saint Nicholas The Real St. Nick
Will Atheists in China Starve Due to No Fish to Eat?
A Thirteen State Solution for the Holy Land?
US Sends new Missle to a Pacific ally, angering China and Russia Moscow and Peoking
DeaTh noTice ... Freerepublic --- lasT Monday JR died
"‘We Are Not the Crazy Ones’: AOC Protests Too Much"
"Rep. Comer to Newsmax: No Evidence Biden Approved Autopen Use"
"Donald Trump Has Broken the Progressive Ratchet"
"America Must Slash Red Tape to Make Nuclear Power Great Again!!"
"Why the DemocRATZ Activist Class Couldn’t Celebrate the Cease-Fire They Demanded"
Antifa Calls for CIVIL WAR!
British Police Make an Arrest...of a White Child Fishing in the Thames
|
Status: Not Logged In; Sign In
International News See other International News Articles Title: Germany Playing Kissy-Face With IranÂ’s Mullahs Is Going To Cost German Companies Plenty
Source:
RedState
URL Source: https://www.redstate.com/streiff/20 ... -cost-german-companies-plenty/
Published: May 25, 2018
Author: streiff
Post Date: 2018-05-26 01:30:35 by Tooconservative
Keywords: None Views: 4840
Comments: 23
| Ive posted a few times on the efforts on the part of some European countries, Germany, in particular, to continue to trade with Iran despite US sanctions (see here | here). This, of course, is nonsense. German, and European, companies that are hit with sanctions are cut off from US markets and, more importantly, their bankers are subject to sanctions, too. Two important things happened today that, hopefully, will hammer home to Europe that their plan to resist US sanctions on Iran wont work. First, we have Ambassador Richard Grennell. Grennell, youll recall, is the guy who gave the Washington Post a brief bout of fecal incontinence when he tweeted, shortly after confirmation: | As @realDonaldTrump said, US sanctions will target critical sectors of Irans economy. German companies doing business in Iran should wind down operations immediately. Richard Grenell (@RichardGrenell) May 8, 2018 | Tonight Grennell was on Fox and he reiterated that warning, only in much more stark terms: | The awesome Amb. Richard Grenell lays down the law: Companies can either "choose to do business with the United States, or they can choose to do business with Iran; but they're not going to be able to do both." pic.twitter.com/Cx0plpYJad Josh Caplan (@joshdcaplan) May 25, 2018 |
Also today, Saudi Arabia declared that German firms are ineligible for government contracts: | Saudi Crown Prince Mohammed bin Salman has ordered that no more government contracts be awarded to German companies, in a sign of continued irritation over Berlins foreign policy in the Middle East, German magazine Der Spiegel reported on Friday. Citing no sources, it said the move was likely to hit major companies such as Siemens (SIEGn.DE), Bayer (BAYGn.DE) and Boehringer Ingelheim as well as carmaker Daimler (DAIGn.DE). Relations between Germany and Saudi Arabia have been strained, and Saudi Arabia last year summoned its ambassador in Germany home for consultations over comments by then-Foreign Minister Sigmar Gabriel about the political crisis in Lebanon. Saudi Arabia is a significant trade partner for Germany, generating 2017 exports worth 6.6 billion euros ($7.7 billion), according to Germanys statistics office. Siemens last year won an order worth around $400 million to deliver five gas turbines for a combined heat and power plant being built in Saudi Arabia. Daimler soon after secured an order for 600 Mercedes‑Benz Citaro buses from Saudi bus operator SAPTCO. A senior German businessman in Saudi Arabia, who asked to remain anonymous, told Reuters on Friday that especially the healthcare sector was currently feeling added scrutiny when applying for Saudi tenders. They have even been asking: Where are the products coming from? Are they made in Germany? Do you have other manufacturing sites? And as soon as this is made in Germany, they have been rejecting any German applications for tender, the person said. | This is a tightening of screws on the EU. Not only will companies be cut off from US markets but the Saudi market will be off limits as well. Unless they are willing to accept Iran as their only trading partner, they have to fall in line. |
Poster Comment: LF's contingent of America-haters and EUroweenies will be inconsolable. If the Saudis are onboard for a German boycott, so are the rest of the Gulf oil states (other than Qatar).
Post Comment Private Reply Ignore Thread Top Page Up Full Thread Page Down Bottom/Latest
Top Page Up Full Thread Page Down Bottom/Latest
|