The headlines all play on the name “SWIFT” in some form or another: “Germany Wants A Swift End To SWIFT,” or “Some Critics Want A ‘SWIFT’ End To US Payments Dominance,” or “A Problem Has Arisen In Europe, Swiftly, Over Payments (And SWIFT).” Here’s a...
Germany’s Minister of Foreign Affairs Heiko Maas has called for the European Union (EU) to create a new payments system, independent in response to the United States pulling out of the Iran nuclear deal. According to Financial Times, Maas wrote in the German daily Handelsblatt that...
August 22, 2018
Germany’s Minister of Foreign Affairs Heiko Maas has called for the European Union (EU) to create a new payments system, independent in response to the United States pulling out of the Iran nuclear deal. According to Financial Times, Maas wrote in the German daily Handelsblatt that Europe should not allow the U.S. to act “over our […]
