In These New Times

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Germany calls for global payment system independent of the US

Posted by seumasach on August 22, 2018

Tyler Durden

Zero Hedge

In a stunning vote of “no confidence” in the US monopoly over global payment infrastructure, Germany’s foreign minister Heiko Maas called for the creation of a new payments system independent of the US that would allow Brussels to be independent in its financial operations from Washington and as a means of rescuing the nuclear deal between Iran and the west.

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