David "Salt" Waltherthe former auto and hydroplane racer severely burned in a spectacular crash in the Indianapolishas died. Walther fought an addiction to painkillers after the accident and spent time in jail and prison. Bridgeport Speedway promoter Doug Hoffman died Dec. Known for calling everyone "Cat," Hood won more than races during a year-plus career.
More accurately, there seems to be disagreement from within the Trump administration. One of the key issues is the use of SWIFT, a financial-messaging service that is critical to global finance. The EU is forbidding European companies from complying with US sanctions, although the measure is mostly toothless.
Nevertheless, top officials from within the Trump administration are at odds over how far to go. Also, others fear that the hard line will spur Europe and others into seeking an alternative financial architecture that could undermine US dominance over international finance in the long-term.
The SPV is being setup for the sole purpose of skirting Iran sanctions, but it could have broader uses. The internal battle is creating confusion, and the mixed messages are grating on European capitals. The Chinese government has reportedly told its state-owned companies not to book purchases from Iran, a surprise move after repeatedly vowing not to comply with American demands.
The decision by Beijing is a huge blow to Tehran, and it could translate into more export losses.
In September, China importedbpd from Iran. However, exports will not fall to zero. India has already booked some shipments from November and is actively seeking a waiver from the United States.
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