Bessent warns immediate Iran sanctions could trigger global financial meltdown
Treasury Secretary Scott Bessent warned that imposing sanctions on Iran immediately could trigger a global financial system meltdown, advocating a phased approach. Separately, Bessent plans to press G20 counterparts in Asheville to cut economic ties with Iran or face secondary U.S. sanctions, and has reportedly taken Section 311 action to cut Banque Misr UAE from dollar clearing after tracing $1.8 billion through 103 Iranian front institutions.
Detected & updated continuously · Source: Nebula
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@WorkingMoneyCH
Scott Bessent warns that imposing sanctions immediately could trigger a global financial system meltdown. He suggests a phased approach, particularly concerning Iran, to avoid catastrophic economic consequences. #GlobalFinance #Sanctions #Economy https://t.co/gOuryo9au2
@Newsforce
🇺🇸 The U.S. will host a G20 finance ministers meeting Monday and Tuesday in Asheville, North Carolina. Treasury @SecScottBessent plans to press countries to cut remaining economic ties with Iran or face secondary U.S. sanctions. Bessent will also push G20 counterparts on https://t.co/tRuMrMUMJn
@BitcoinFeniks
"To dopiero początek... Bessent wyśledził przepływ 1,8 miliarda dolarów przez 103 irańskie fasadowe instytucje finansowe, powołał się na Sekcję 311 i podjął działania mające na celu odcięcie Banque Misr UAE od systemu rozliczeń w dolarach amerykańskich... Poczekajmy, aż Trump https://t.co/DqwMvbnKtw