u.s. sanctions. this means more pressure will be exerted on the people of iran and the country will go back to the days of resorting to smuggling goods into the country and bypassing sanctions. will be. short of mission as an iranian citizen i expect our president to withdraw from the nuclear deal just like the american president who pulled out of it. on tuesday u.s. president donald trump signed a memorandum to reinstate harsh economic sanctions on iran most notably in the oil and energy sectors all efforts by european allies to dissuade him had been in vain the european union's foreign policy chief federica mugger rini couldn't hide her regret as she urged unity. utopian union we remain committed to the continued and effective implementation of the nuclear. we fully trust the work the competence and the autonomy of the international atomic energy agency that has published reports certify that iran has fully complied with its commitments. even if europe remains firm many fear that trump's move will

u.s. sanctions could mean it is very clear that you are one to show united message to the u.s. that they don't allow them to dictate european companies who to do business with are not their goal of course is to guarantee iran within the sixty day deadline that trade and commerce relationships won't crash but the question is if the blocking statute is really the right response some here fear that this could even provoke u.s. president donald trump once more and that also basically means that the european union can now decide for companies if they stay in iran or not brussels also recognizes that there is a profound interference in interpersonal freedom even though the e.u. now could in theory compensate companies who then might have less trade volume with the u.s. also investors are telling me that this is an illusion to think that this would be to an extent of billions of euros all of this might help small medium sized companies and of course it's a strong message to the united states but investors here don't think that now because of this big companies like total volkswagen p.

u.s. sanctions on iran illegal for european companies. and their good day to be. e.u. courses banned three insecticides giving the bees a new lease of life the environmental groups are all abuzz with the same can't be said for the phone company. this is your business update on how an arm free agent thanks for joining me the wrong a sanctions are biting in america hasn't even introduced them yet the e.u. says it will take steps to protect european companies doing business in iran from the impact of u.s. measures the summit in sofia e.u. leaders agreed they need to save the twenty fifty nuclear deal with iran a week off of the us decided to pull out they vow to financially support deals in the country and crucially introduce a blocking stop shoot. that means essentially that the e.u. is making it illegal for european companies to comply with u.s. sanctions on iran it's only the second time that the european union has threatened to use the so-called blocking statute the first was back in one thousand nine hundred ninety six as a response to u.s. sanctions in cuba but it w

u.s. sanctions legally european business is not bound by u.s. foreign policy but ignoring sanctions could affect their business interests in the u.s. the e.u. is resistance to the new us sanctions on iran could hit european companies where it hurts and that's because most large european enterprises have some sort of business with the united states and are likely to be punished if they continue to cooperate with the run but european policy makers say they won't permit washington to dictate e.u. trade policy. that it was yes. i think there is a true realisation a realisation among all european states. that we cannot keep going in the direction that we are headed in today. she's a direction where we submit we submit to american decisions. we want to submit or do we prefer to become independent in sovereign swung. the question is how to go about protecting european interests you may have suggested instigating so-called blocking regulations that use most powerful but untested political tool currently at its disposal. the measure would permit european

u.s. sanctions. but is it of the taji of of the movie the new we will work to maintain the framework of the twenty fifteen deal in spite of the american decision and we will do so in a concrete manner by maintaining our political engagements by ensuring that our companies can stay in iran and also by getting all parties to pursue negotiations for a larger indispensable deal but that hasn't stopped companies like german ensuring giant. the danish shipping company maersk from already wrapping up a winding down their operations in iran they don't want to fall foul of potential u.s. sanctions as we see the decision by donald trump to pull the u.s. out of that iran nuclear deal having repercussions on the relationship between washington and brussels sure ok thanks peter that was artie's peter oliver there. now italy's five star movement has confirmed to r.t. it is preparing a draft resolution alongside its euro skeptic ally the league party to form a coalition government and quit in the euro and lifting s

u.s. sanctions. congo's health minister warns the ebola outbreak has entered a new phase after a case of the deadly virus was detected in a northwest city. time for our business update. --france'sby president says eu companies must be able to make their own choice about business with iran. >> that came as total announced it would withdraw from in if it couldn't get a waiverrom washington. they became the largest investor in iran's energy sector after the deal was signed in 2015. it'also exposed to u.s. sanctions. they are far from the only firm worried about the fallout. will leaveys it iran. they would be forced to unwind all operations related to a major gas field project before november unless washington gives it a special waiver. in july 2017,rk two years after western countries signed a nuclear deal with iran. the project has been coordinated with china and iran. total has a majority stake in the project, investing less than 40 million euros. be french oil company could hit hard by u.s. sanction

u.s. sanctions. american sanctions will be an issue.e have the task of the european commission to protect our european businesses, especially our small to medium enterprises. statute wase created in 1996 to circumvent washington's trade embargo on cuba. while it was never officially put in effect. courts from complying with foreign sanctions laws and nullifies court judgments based on such laws within the u.n. -- within the eu . but secondary sanctions would put the u.s. financial system off-limits to companies doing business in iran. giant toad tell says without a u.s. waiver it will withdraw from the project. over 35% of its stock is held gl by u.s. shareholders and 10% u.s. assets, it cannot afford to lose america as a business partner. >> we will see if we can give small and medium-sized companies some relief. but i think we cannot and must not create illusions. the u.s. is said to begin reinstating sanctions with companies that do business with ron -- with iran with a 180 days. shona: donald trump sought to reassure his north korea

u.s. sanctions decisions by u.s. courts would also not be upheld in europe. so far the e.u. has not signaled what measures they could adopt. the foreign ministers of germany france and the u.k. as well as a few foreign policy chief for the ecomog are ready are scheduled to meet iranian representatives in brussels on tuesday they are expected to affirm their commitment to the original nuclear deal. we asked our some would for the consultancy control risks whether anyone stood to benefit from you saying since. i think that in terms of who will benefit with these sanctions i think we will continue to see russia and china do business with iran and perhaps even more business with iran regardless of the sanctions in place and i think part of that is because they're less exposed to u.s. financial institutions and markets and are able to do more business in different currencies and so i think they will be the ones that are particularly well placed in the coming months to continue to do business with iran. commuter chaos in france again unions slashing the number of trains running th

u.s. sanctions it would also allow e.u. firms to recover losses arising from u.s. sanctions as it has instructed the european investment bank to facilitate e.u. investment and around the european union is committed to mitigating the impact of u.s. sanctions on european businesses and taking steps to maintain the growth of trade and economic relations between the e.u. and iran that began when sanctions were lifted and he's going to get their takes a closer look at the souring relations between the us and e.u. and the latest move by brussels. no arguing with it america and europe had something special a relationship unlike any other they did everything together condemned rogue regimes slapped naughty countries with sanctions even they wanted to get we have a very strong relationship with our friends and partners our friends in the u.s. administration we have a really great relationship close friends life and this is this very special relationship this is us almost too good to be true and it seems it was money trumps all now that america has unilaterally pulled out of

u.s. sanctions on cuba iran and libya so do you think this issue is likely to force a long term. i do actually i think the europeans are tired of us flip flopping on these issues you know we get a progressive administration and we ease sanctions we get a conservative administration and we tighten sanctions again we're never consistent this is another problem with americans and i course i can say this because i'm an american we think we're the smartest people in the room and frequently we're not oftentimes we don't know better than the europeans do and i think we ought to listen to advice every once in a while our policies especially on trade especially on these sanctions issues are far more sharply short sighted than the europeans views on them and we had to take the european lead yeah and we'll certainly we've seen that even over the russia sanctions there's been a divergence when it comes to. banks and financing corp and corporations that have interest vested interest but they can go back to the question of how much of these sanctions regimes that we're seeing imposed on countr

u.s. sanctions on iran. would make a deal i think going to be very very happy if you look at that model if that model would take place if we don't make a deal with north korea. the choice between. life. quickly turning into a busy day for worldwide news here on our international we do start this program with breaking news former russian and u.k. spies surrogates prowl he was poisoned with a nerve agent in the u.k. has been discharged from hospital he and his daughter were admitted on march the fourth after exposure to a substance known as norfolk chalk in the city of salzburg script was released from hospital last month with her current whereabouts being kept a secret after the poisoning attack the british and european officials quickly pointed the finger at russia though moscow continues to deny any involvement in that incident. breaking news coming to us from italy where a possible coalition government deal has been officially released for the first time since the election in march we can go live now as he

u.s. sanctions could mean it is very clear that you are one to shore united message to the u.s. that they don't allow them to dictate european companies who to do business with are not their goal of course is to guarantee iran within the sixty day deadline that trade and commerce relationships won't crash but the question is if the blocking statute is really the right response some here fear that this could even provoke u.s. president donald trump once more and that also basically means that the european union can now decide for companies if they stay in iran or not brussels also recognizes that that is a profound interference in interpersonal freedom even though the e.u. now could in theory compensate companies who then might have less trade volume with the u.s. also investors are telling me that this is an illusion to think that this would be to an extent of billions of euros all of this might help small medium sized companies and of course it's a strong message to the united states but investors here don't think that now because of this big companies like total volkswagen p.s

u.s. sanctions targeting iran u.s. president donald trump has threatened to slap sanctions on firms that do business with iran. has some gun j.v. and checks the news several times a day dear amy an entrepreneur is currently in germany visiting his business partners he sells medical technology and is also involved in the computer industry . donald trump's decision to withdraw from the iran nuclear deal comes up at every business meeting how will the e.u. react will there be new sanctions against iran. done shavian has made a lot of contacts through international trade fairs like this one in tehran last year and he has contracts with european companies but now many of his partners are uncertain about the future of the businesses. current situations right now we have to sit down and see what's going on basically through the improvement relationship between iran and european companies especially with germany and the very moment in our history we can see who is our real partner. and to be as book spam speaks to his staff in

u.s. sanctions target saying iran the u.s. president donald trump is trying to slap sanctions on firms that do business with iran and he's naming names. has some gotten j.t. and checks the news several times a day to rein in entrepreneur is currently in germany visiting his business partners. he sells medical technology and is also involved in the computer industry . donald trump's decision to withdraw from the iran nuclear deal comes up at every business meeting how will the e.u. react will there be new sanctions against iran. done shavian has made a lot of contacts through international trade fairs like this one in tehran last year and he has contracts with european companies but now many of his partners are uncertain about the future of the business is. currency through right now we have to sit down and see what's going on basically the through the improvement relationship between iran and european companies especially with germany and you see these very moment you know he's sorry we couldn't see who the all real partner. an

u.s. sanctions topping discussion. but it's not all about politics here and saw she as multiple and putin cemented their day. disagreements room thinks. both sides of the european commission triggers never before used legislation created more than two decades ago to shield e.u. companies from the impact of u.s. sanctions on iran and the former russian bicycle script power he was poisoned by nerve agent in the u.k. in march she was discharged from hospital however moscow says it's still being denied access to him in violation of international rule. hello good evening welcome it's six pm here in moscow you're watching r.t. international. now german chancellor angela merkel is in the russian black sea resort of sochi where she's being meet where she has been meeting in a few hours ago the two leaders held a press conference and answered questions from journalists well we're trying. to get even to you so what else did the two leaders have to say. andrew hello again well i can tell you that first it didn't seem especially a

u.s. sanctions. there will be punished if they do so, but they will be reimbursed if there is any cost they have to endure after that, but nobody knows exactly how. and it is applicable for large companies or trusts were only applicable for small companies, as for example, the german chancellor has said? we will have to see how this plays out, andcome into force ad then the united states has voted to impose sanctions on companies that trade with iran. this is uncharted waters, more a political sign in this fight. a new round of escalations with the americans. brent: very, very briefly, we know the eu wants a permanent exemption from you.s. tariffs on steel and aluminum. is it going to get that? bernd: the u.s. is also putting an offer on the table. they say that if trump wants to negotiate on trade -- nontariff blocking of trade, we can do that. but first he has to give an exemption, and that we will to the negotiating table and it is unknown if trump would do that. brent: bernd, thank you very much.

sanctions related losses although german politicians have said that can't be applied across the board the picture is much more complex for a bigger european corporations with close financial and corporate ties to the u.s. the prospect of severe penalties over sanctions violations as well as the loss of financing from u.s. banks and other potential consequences already has some european businesses looking to exit iran the world's biggest container ship or a mall or maersk has said it will wind down its iran operations germany's biggest insurer its preparing to wrap up their two siemens has said there will be no new deals with iran and french oil and gas company to it will pull out of a multi-billion gas project if it can't get an exception tells departure would be especially painful for iran the iranian government had hoped the scale of the project would embolden other international companies to invest there for many companies the e.u. blocking statute poses a dilemma they could either stay in iran and risk their u.s. operations and possibly financing or they could leave iran and face penalties under the blocking regulations and a man on a wall street yes quote is standing by for us in new york of cour

u.s. sanctions. if they sell off their interest, they don't want to have been charged with materially enriching someone on the list and liability for them, et cetera. when you go after a publicly traded company, suddenly all of this -- anyone who has an interest in it will become a lobbyist for you. that is not the case when you are talking about a privately held company or smaller institution where the potential lobbyist is smaller. so it's not necessarily the case that everyone who makes it onto the list is going to have that many people, particularly in europe, who have close connections to european political leaders who are simultaneously having many extensive difficult conversations with u.s. leaders about their concerns over tariffs, in particular. their concerns about the iran deal and the way the russian sanctions also lined up squeezing in an uncomfortable way. so when those factors come together you have a different lobbying campaign for a different entity. another really interesting take a

u.s. sanctions listings, people were -- u.s. persons prohibited from doing business with the people listed. that is one prong of the sanctions program. that was the first prong we used. we also recognized -- we believed -- that it was important to put pressure on the russian economy as a whole. a broad financial pressure campaign of the type we carried out against iran, but certainly not as intense, because the risk is still over -- particularly on our allies, was much higher than it was with ron -- iran. so you saw innovation in the russia program, you saw a set of sanctions we referred to as sectorial, where we prohibited equity investment and trading and debt with russian entities, and we gradually expanded that starting with financial services and going outward. the idea was to take a very precise bite out of the russian economy while minimizing the risk for allies. and minimizing the risks to ourselves as well. since then, the scope of the program is grown significantly. now the program addresses russian cyberintrusions on t

then they are going to have to think of a system including the possibility of retaliatory sanctions if the u.s. put sanctions on european companies do business with iran the europeans have a lot of power they just need to use it they can put sanctions on american companies doing business in europe if this was done in terms of plan a long rip up a deal because he said many times that it was a very bad one for the u.s. and his plan was actually to the negotiate a better one as it backfired on him as it left iran perhaps in a better position than he reckoned with. and of course because again as the europeans point out this wasn't a bilateral deal between the u.s. and iran it was a deal with six countries the five countries remain plus the european union the iranians are now have have some leverage because these countries desperately want the deal to continue and so there again they're their problem have been that. they weren't getting all the benefits to kosovo other u.s. sanctions that remain now they can say to the europe. ems and to a lesser extent the russians and the chinese police fix these

russia sanctions were the sanctions, u.s. persons prohibited from doing business with the people listed. that is one prong of the sanctions program. it we also recognized that was important to put pressure on the russian economy as a whole. the financial pressure campaign, the type we carried out against iran, certainly not as intense, because the risk is still on our allies, much higher than it was with iran. you saw the russia program, you saw a set of sanctions we referred to as sectorial, where we prohibited equity investment debt withg and russian entities, and we expanded into financial services outward. the idea was to take a very precise bite out of the russian economy while minimizing the risk for allies. the scope of the program is grown significantly. addresses russia cyber attacks on the united states and russia active measures targeting the united states. it has not grown in scope, and as a result it has not grown in intensity. the situation we have today is a persistent and growing gap between the u.s. and the eu

u.s. sanctions. it is one of the biggest investments in iran since the lifting of sanctions in 2015. l receives 90% of financing from u.s. banks and says it cannot afford to be exposed to any secondary sanctions. discussing a possible waiver with u.s.-french authorities. let's bring in our financial correspondent. we are hearing that the german insurer addyi's is going to wind down its business in iran. tell us about that. jens: a spokesman from alliance is quoted saying that they are actually looking at their portfolio to identify iran related to business, then pretty likely will wind down this part of their business, but the spokesman as saying iran related business is minimal, and they are waiting for some guidance from the european union and from the german government, so the whole process is ongoing, but it does look like alliance is winding down their business related to iran. reporter: despite these geopolitical tensions, iran, china, north korea, investors don't appear that rattled. is there any reason? jens: investors on wall street, they bet on possibilities. they are trying

what you see in the russia sanctions were the traditional u.s. from doing business with the people listed. so that's one prong of the sanctions program. that was the first prong that we used. but we also recognized, we believed, that it was important to put pressure on the russian economy as a whole, a broad financial pressure campaign of the type that we carried out against iran. but certainly not as intense because the risk on our allies was much higher than it was with iran. so you saw an innovation in the russia program. you saw sanctions known as sectoral sanctions, trading in debt of some russian entities. we gradually expanded that starting with financial services and moving outward. so the idea was to take a very precise bite out of the russian economy while minimizing the risk to allies. since the scope of the program has grown significantly, now the program is meant to address russia cyber intrusions in the united states. the eu program has not grown in scope in that manner. it also hasn't grown in intensity. so the situation we have tod

u.s. sanctions it would also allow e.u. firms to recover losses arising from u.s. actions as it has instructed the european investment bank to facilitate even investment in iran. the european union is committed to mitigating the impact of u.s. sanctions on european businesses and taking steps to maintain the growth of trade and economic relations between the e.u. and iran that began when sanctions were lifted at his murder gas the ever takes a closer look now at the sarin relations between the us and e.u. and the latest move by brussels. no arguing with it america and europe had something special a relationship unlike any other they did everything together condemned rogue regimes slapped naughty countries with sanctions even they wanted to get we have a very strong relationship with our friends and partners our friends and us administration we have a really great relationship blow through and life and this is this very special relationship this is us almost too good to be true and it seems it was money trumps all now that america has unilaterally pulled out of the

u.s. wanted sanctions or had sanctions on cuba but the e.u. wanted to continue to do business with the island so they could use something like that and that would force for example or prohibited the e.u. companies to respect the u.s. sanctions so you can see that's pretty heavy stuff that's heavy artillery they have other means for example re compensating companies that want to do business there and are hit by the u.s. sanctions but first what you need is a strategic decision by the e.u. leaders something they might or most likely will discuss tonight by the way in sofia in bulgaria where they are meeting for a summit where this will be an important topic but it doesn't seem like they are ready to do that to have this aggressive stance because the problem of course is that the the retaliation the possible retaliation by by trump would escalate things max thanks so much brussels bureau chief there. let's catch up on some of the other stories making headlines today malaysian reformist leader anwar ibrahim has been released from prison courting t

u.s. sanctions against firms that trade with iran is good news except we're going to the u.s. is the planet's economic policeman do we accept one way domination with no respect for international rules obviously europe's response must clearly be noted. after america quit the deal u.s. officials told their allies to fall into line and stop doing business with terror on under the agreement sanctions have been partially suspended since twenty fifteen but on friday the european commission launched a process to prevent you phones from being hit by u.s. sanctions european companies will be able to claim compensation and loans if they're affected france's finance minister added that working with iran should continue to do so. but we're going to do everything to protect french companies in iran because it's in our economic interest there are dozens of french companies who have long fully invested in iran and are doing business there and they must continue to have the right to do so. financial analyst shabbir razvi believes the e.u. is unlikely to cave in to pressure from the us regardi

u.s. sanctions on iran that were waived as part of this deal will go back in place within 90 days and then more significantly, so-called secondary sanctions, those are sanctions against foreign companies that deal with iran, would go into place within 180 days. what that does, george, is not simply take the united states out of this deal but it also makes it virtually impossible or very, very difficult for the europeans to remain in the deal as well. >> of course they lobbied hard for the president to remain inside this deal for the last 15 months, as recently as just a couple of weeks ago when the president met with the french president, emmanuel macron, and just this week the british foreign minister, boris johnson, came to the united states to argue staying in the deal. you see the diplomatic room in the white house. our chief global affairs anchor, martha raddatz, this is a blow to the iranian regime. >> reporter: it's an absolute i regime promised was the that economy would improve over there. that has not happened. how much of the blame iran will take from its people from this is yet

u.s. sanctions it would also allow e.u. firms to recover losses arising from u.s. actions as it has instructed the european investment bank to facilitate investment in iran. the european union is committed to mitigating the impact of u.s. sanctions on european businesses and taking steps to maintain the growth of trade and economic relations between the e.u. and iran that began when sanctions were lifted. well it is more aghast you have takes a closer look now at the staggering relations between the u.s. and the e.u. and the latest move by brussels. no arguing with it america and europe had something special a relationship unlike any other they did everything together condemned rogue regimes slapped naughty countries with sanctions even they wanted to get we have a very strong relationship with our friends and partners our friends and u.s. administration we have a really great relationship blow through and allies and this is this very special relationship this is almost too good to be true and it seems it was money trumps all now that america has unilaterally pulle

u.s. sanctions when they resumed in the coming months but the european union which supports the iran nuclear deal has already made it clear it would take measures to protect its companies doing business when the sanctions are re-imposed. let's bring in our financial correspondent. now yang's good to see you bring us up to date with the reaction on wall street to this announcement. yeah investors really haven't made up their mind yet what to make out of the announcement that we've gotten actually even after us president donald trump a spoke there were even if you would cheers here on the floor of the new york stock exchange just some investors believe for share donald trump opinion that the deal has not necessarily been in favor of the u.s. so that was just a few traders but just to give you an idea how are the your reaction was here in new york and then the big question is will the whole situation escalate that could very well happen but it could also not have been and then we also bit short on details what precisely which actions will take place one when we still do not know that so there i

u.s. sanctions will target critical sectors of iran's economy. german companies doing business in iran should wind down immediately. the ambassador is making a suggestion, of course, not a demand. >> the president said on tuesday that countries that continue to deal with iran could face u.s. sanctions. much of what they would like to sell to iran involves u.s. the technologies, they include licenses that will not be available. this was the part of the the flaw of the deal, to entice europe and the united states into agreements with iran that would work against holding them accountable for the deal. it's reminiscent of the saying attributed to lenin. that the capitalists will sell us the rope with which we'll hang them. why do business with the world's central banker of international terrorism? >> i want to turn to a german magazine. they put a graphic on the cover of their magazine. depicting donald trump essentially giving our allies the finger. they wrote this is this -- this in an editorial. the west as we once knew it no longer exists. it is

u.s. sanctions on russia our correspondent allan.elp us understand how that could occur there and here are the numbers at the closing bell back in a flash. join me every first week on the alex salmond show and i'll be speaking to us from the world of politics sports business i'm showbusiness i'll see you then. so what we've got to do is identify the threats that we have it's crazy confrontation let it be an arms race based on often scaring dramatic development only personally i'm going to resist i don't see how that strategy will be successful very critical time to sit down and talk. to the financial survival jot that it was all about money laundering first to visit this cash industry different. oh good this is a good start well we have our three banks all set up here maybe something in europe something in america something overseas in the cayman islands or the room full of these banks are complicit in their tough talk received a softer didn't call and say hey i'm ready to do some serious muhlenberg ok let's see how we did while we'v

u.s. wants to sanction and he has tons of shares major ownership in result so this is what's happening here this is actually the person that they're targeting not the company itself now the united states has said in the past that it would consider pulling back with the sanctions if there are just basically put to his holdings of the company down and got off the board and right now when you should is saying that this is actually moving forward they've had a conversation with the billionaire there they say that there is potential that moving forward they're seeing the actions that they're asking to be done and that russo all is a company now that instead of having a deadline that was supposed to be may seventh they've pushed this deadline for devaluation just basically looking at the company evaluations and correct word but for looking at the company and seeing the ownership structure of the company they pushed it back to june june sixth so this is actually a big move considering that when you look at russia and just how stringent sanctions are against russia from the u.s. and just how they'v

u.s. sanctions and now we haven't shopped inning of the u.s. sanctions again so this brings really worries to german business and this is due to a concentration of russian business to some league arks which is still the case so they need to be a more decentralization of the russian economy to other business people open up the business break up not only concentrated to oligarchs and the second is research and development and education you don't have a middle stand as a me this is due to a lack of productivity although the labor the workers are really stick to their companies we miss productivity and for that we need for instance book asian education and training all right so this fall the trial from the association of german chambers of commerce and industry thank you so much for being in the studio today. that might be best known for nescafe the world's top selling instant coffee but now swiss foods nestle is teaming up with coffee chain starbucks nestle is said to pay starbucks more than seven billion dollars to form a global coffee alliance th

u.s. sanctions on iran and former russian spy pilot who was poisoned by nerve agent in the u.k. in march is discharged from hospital however moscow says it's still being denied access seeing him in violation of international law. now we're starving is the former russian spy statistically powell who was poisoned by nerve agent in the u.k. has been discharged from hospital in his daughter were admitted on march the fourth after being exposed to a substance known as the chalk in the city of seoul sprit was once a russian intelligence officer but was stripped of his rank after it was revealed he was spying for the u.k.

u.s. sanctions and it would also allow e.u. firms to recover losses arising from u.s. actions as it has instructed the european investment bank to facilitate investment in iran. the european union is committed to mitigating the impact of u.s. sanctions on european businesses and taking steps to maintain the growth of trade and economic relations between the e.u. and iran that began when sanctions were lifted but artie's more aghast have takes a closer look now at the souring relations between u.s. and e.u. and the latest move by brussels. no arguing with it america and europe had something special a relationship unlike any other they did everything together condemned rogue regimes slapped naughty countries with sanctions even they wanted to get we have a very strong relationship with our friends and partners our friends and us administration we have a really great relationship close friends allies and this is this very special relationship this is us almost too good to be true and it seems it was money trumps all now that america has unilaterally pulled out of the nucl