Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Atlas Shrugs (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

‘This is Huge’: U.S. Ambassador Grenell Quietly Blocks $400 Million Transfer From Germany to Iran

% of readers think this story is Fact. Add your two cents.


U.S. Ambassador to Germany Richard Grenell quietly urged Germany to halt Iran from withdrawing $400 million in bank accounts in Berlin.

The move seems to support America’s just-imposed sanctions against the regime.

Richard Grenell is being praised for his quiet handling of Germany.

And that means Iran’s going to be in even greater financial trouble than expected. America’s sanctions are forcing European nations to choose between doing business with Iran — a tiny economy — or the United States.

And Germany, it seems, chooses the latter.

From Biz Pac Review:

A transfer of nearly $400 million in cash to Iran has been blocked by Germany’s central bank in what appears to be a response to efforts by the U.S. ambassador to Germany.

Last month, Ambassador Richard Grenell urged Berlin to prevent Iran’s withdrawal of large sums of cash from German bank accounts in an effort to offset U.S. sanctions that took effect following Washington’s withdrawal from the 2015 Iran nuclear deal.

“We encourage the highest levels of the German government to intervene and stop the plan,” Grenell said, according to Reuters.

Deutsche Bundesbank, Germany’s powerful central bank, announced a new financial policy that would effectively bar the transfer of funds to Iran.

According to The Jerusalem Post:

The mass circulation daily BILD newspaper reported on Wednesday that the bank expanded its business conditions to include a section on “cash payment transfers” in order to reject financial transfers of partners of the Deutsche Bundesbank.

BILD reported in July that Iran’s regime seeks to use the European-Iranian trade bank in the northern German city of Hamburg – with the approval of the German government – to transfer the nearly $400 million in cash to circumvent pending US sanctions.

Chancellor Angela Merkel’s government – widely considered one of the mos pro-Iran regime friendly European governments – has not commented on whether it will allow the roughly $400 million in cash to be sent to Iran to undercut the US sanctions campaign.

A member of the European System of Central Banks, Deutsche Bundesbank is a powerful influence within the European Union.

Grenell reportedly urged the German government to block the cash payment to Iran and it remains to be seen if the Merkel administration will undermine U.S. efforts and allow the $400 million in cash to be sent to Iran.


Source: https://gellerreport.com/2018/08/germany-iran-grenell.html/


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Total 5 comments
    • Mike

      Obama is mad as hell that he blocked this transfer, had Obama been in office, Richard Grenell, would have ended up like Ambassador Stevens in Benghazi.

    • AJ

      Won’t see this on MSM, Fake News.

    • Man

      So out goes the window of Sovereign rights of a country.

      A US diplomat stops a Foreign National Bank from doing business with another country.

      The EU and all its members said that it would continue the treaty from their side.

      What the US does is nothing less than bullying other countries.

      Besides… It is not like it was a sound plan to drop the treaty. 15 years of no nukes is still better than them starting up their nuke program today.

    • Phibbs

      U.S. foreign policy is designed to serve the interests of America’s owners — the Jews. Iran is not a threat to America — but it is to Israel. So it looks like the Israeli-Occupied Government is going to go to war for Israel yet again — this time against Iran.

    • unidentified

      ambassadors can express their personal opinion, that is all, fake story

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.