Joking | Essay: What wheel popped?

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Business Lessons
Joking | Essay: What wheel popped?
Monday, July 14, 2014, by Burkinapmepmi.com
He might blame the United States to act as an imperial power by punishing foreign banks for transactions away from the American border, the financial sector will probably end up folding the conditions set by Washington rather than to challenge his power.
After fine of nearly nine billion dollars, was sentenced dice BNP Paribas for funding transactions with Sudan, dice Iran and Cuba, the French political and business leaders have called for increasing the role of the euro in the system international financial, to counter the dollar. But for many bankers, these statements include primarily wishful thinking.
In fact, the largest banks in Europe dice and Asia have already begun to adapt to the decisions made in the United States, taking their distance from evil countries seen in Washington to avoid being punished in their turn, or even worse, being excluded from financial circuits in dollars.
Meanwhile, financial authorities outside the United States began to seek solutions to prevent damage that American sanctions dice could be imposed on their banks and their markets.
"The requirement for banks to know their customers' customers, even in countries where archiving of this information dice is not organized, means that banks have little choice but to terminate certain relations, or risk painful fines and threaten their balance sheet, "said dice Anthony dice Browne, chief executive of the British Bankers' Association (BBA), the UK banking federation.
The BBA believes that Western banks have stopped doing business with hundreds of correspondent banks in emerging markets, with adverse consequences for businesses, governments and individuals in the countries concerned.
Large groups of commodities trading, as Glencore, Vitol, Trafigura or Mercuria now seeking to fill the void in the area of trade finance. Glencore has been selected last month by the Chadian government to finance the purchase of $ 1.3 billion of assets sold by the American oil company Chevron.
BNP Paribas has decided to move to New York a new department dice called dice the "Financial Security Group to