US exit from Iran deal could hurt European firms - Argentina asks IMF for assistance - Cryptocurrency millionaires invest in Puerto Rico
75 years ago, the Bretton Woods conference laid the foundations for much of today's global economic order. But the system is facing a serious threat from growing nationalism and protectionism worldwide.
Secretary of State Mike Pompeo has offered to work with European leaders to negotiate a new Iran nuclear deal after the US exited the accord. However, the threat of penalties for European firms in Iran remains.
Trump’s decision to end the Iran nuclear deal will hit the Iranian economy, although with China and the EU not on board the impact may be less severe than some fear. How Iran's banking system fares could tell us more.
© 2019 Deutsche Welle |
Legal notice |
| Mobile version