Collateral Damage: U.S. Sanctions Aimed at Russia Strike Western European Allies
Date Written: 28/07/2017
Year Published: 2017
Resource Type: Article
Cx Number: CX21141
Sanctions by the U.S. Congress which aims to distance relations with Russia may also have a crippling effect on European banks, particularly those in Germany and France.
Excerpt: This congressional temper tantrum flails in all directions. The main casualties are likely to be America's dear beloved European allies, notably Germany and France. Who also sometimes happen to be competitors, but such crass considerations dont matter in the sacred halls of the U.S. Congress, totally devoted to upholding universal morality.