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Germany calls for end to US hegemony in global payments system

The German foreign minister argued that the world needs an independent global payments system that would increase their autonomy and remove them from the shadow of heavy U.S. influence. U.S. departure from the Iranian deal and their return of sanctions underscores U.S. control over international payments, a control that continues to frustrate U.S. allies and enemies alike. 

Source: Germany calls for end to US hegemony in global payments system | Asia Times

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