Go offline with the Player FM app!
Iran's Foreign Currency Problem
Manage episode 204276409 series 1301443
With US President Donald Trump threatening to impose more sanctions, Iran remains frozen out of much the international financial system despite the 2015 nuclear weapons deal.
Ed Butler speaks to a British businessman who has plenty of would-be Iranian buyers of his oil equipment, but who cannot get paid into his UK bank account. Sanctions lawyer Nigel Kushner explains why most international banks still steer clear of Iran, despite the lifting of sanctions, plus Ellie Geranmayeh of think-tank the European Council on Foreign Relations explains the latest diplomatic rumblings.
(Picture: Iranian rial banknotes, alongside US one dollar bills; Credit: Atta Kenare/AFP/Getty Images)
2048 episodes
Manage episode 204276409 series 1301443
With US President Donald Trump threatening to impose more sanctions, Iran remains frozen out of much the international financial system despite the 2015 nuclear weapons deal.
Ed Butler speaks to a British businessman who has plenty of would-be Iranian buyers of his oil equipment, but who cannot get paid into his UK bank account. Sanctions lawyer Nigel Kushner explains why most international banks still steer clear of Iran, despite the lifting of sanctions, plus Ellie Geranmayeh of think-tank the European Council on Foreign Relations explains the latest diplomatic rumblings.
(Picture: Iranian rial banknotes, alongside US one dollar bills; Credit: Atta Kenare/AFP/Getty Images)
2048 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.