Iran nuclear deal in doubt as world powers fall short on Tehran's demands

Iran nuclear deal in doubt as world powers fall short on Tehran's demandsThe Iran nuclear deal looked in doubt on Friday as European powers failed to convince Tehran that they would be able to fully compensate for economic losses caused by the US’s exit. The signatories to the landmark accord met for the first time since Donald Trump, the US president, withdrew in May to discuss how they could salvage the deal in the face of a reimposition of US sanctions. The 2015 deal saw the lifting of sanctions on the Islamic Republic in return for curbs on its nuclear programme verified by the International Atomic Energy Agency (IAEA). Washington has since told allies they must stop buying the OPEC producer’s oil from November 4 or face financial consequences. The other signatories — Britain, France, Germany, China and Russia — have vowed to stay in the accord but appear powerless to stop their companies pulling out of Iran for fear of US penalties. Protesters in the Iranian capital swarmed its historic Grand Bazaar on Monday, news agencies reported, and forced shopkeepers to close their stalls in apparent anger over the Islamic Republic’s troubled economy Credit: AP Since Mr Trump’s announcement, Iran’s currency has plummeted and prices have risen dramatically, sending thousands out on the street in protest. Germany’s foreign minister said that world powers would not be able to make up for companies leaving Iran, but warned Tehran that abandoning its nuclear deal would cause more harm to its already ailing economy. “We will not be able to compensate for everything that arises from companies pulling out of Iran,” Heiko Maas said. The pillars of the European Union’s strategy are European Investment Bank lending – a special measure to shield EU companies from US secondary sanctions – and a Commission proposal that EU governments make direct money transfers to Iran’s central bank to avoid US penalties. President Hassan Rouhani addresses the nation in a televised speech in Tehran, Iran Credit: AP Hassan Rouhani, Iran’s president, told French President Emmanuel Macron in a phone call before the summit that the package fell short of their demands. Tehran has already warned it is ready to resume uranium enrichment to 20 percent – above the level permitted in the deal – “within days” if the agreement falls apart. The country’s all-powerful Revolutionary Guards meanwhile has also said that they may block oil shipments through the Strait of Hormuz in response to US calls to ban all Iranian oil exports. European Union High Representative for Foreign Affairs Federica Mogherini leaves after a Comprehensive Plan of Action (JCPOA) ministerial meeting on the Iran nuclear deal on July 6, 2018 in Vienna, Austria Credit: AFP Federica Mogherini, the EU foreign policy chief who is chairing the summit, said the signatories had agreed to continue talking, including on economic measures. European diplomats, however, privately questioned whether they could do enough to keep Tehran onboard. “We’ve made some progress, including on safeguarding some crude (oil) sales, but it’s unlikely to meet Iranian expectations,” said one senior official.


Source: Yahoo! News

Thousands of Iranians shut down Tehran's Grand Bazaar in largest protest in years

  1. Thousands of Iranians shut down Tehran’s Grand Bazaar in largest protest in years  Business Insider
  2. Rouhani says Iran will not give in to pressure from Trump  Reuters
  3. Trump Has No Coherent Strategy on Iran. Astonishingly, Neither Does Israel  Haaretz
  4. What Trump doesn’t get about ideology in Iran. It’s about nationalism, not theocracy.  Washington Post
  5. Full coverage


Source: Google News

Iran nuclear deal: Tehran to give notice of uranium work

  1. Iran nuclear deal: Tehran to give notice of uranium work  BBC News
  2. Supreme leader orders Iran to be ready to increase uranium enrichment  NBCNews.com
  3. Israel Responds With ‘Mean Girls’ GIF After Iran’s Ayatollah Khamenei’s Nuclear Threats  Newsweek
  4. Netanyahu Is in Europe as Trump’s Lobbyist-in-chief  Haaretz
  5. Netanyahu heads to Europe with Iran on his mind  Washington Post
  6. Full coverage


Source: Google News

British woman jailed in Tehran back in court on new charge

British woman jailed in Tehran back in court on new chargeNazanin Zaghari-Ratcliffe, a British-Iranian woman jailed in Tehran for two years, has appeared in court to face a new charge, her husband said on Monday. Zaghari-Ratcliffe was summoned to a court in Tehran on Saturday, according to a statement from Richard Ratcliffe, who runs the Free Nazanin campaign group. On Sunday, she was allowed to speak to the British ambassador to Tehran, Rob Macaire.


Source: Yahoo! News

As Israel-Iran rivalry burns, Russia's Tehran ties may get singed

As Israel-Iran rivalry burns, Russia's Tehran ties may get singedAs Israel and Iran increasingly square off against each other amid Syria’s multi-dimensional war, it is Russia that finds itself between the proverbial rock and a hard place. Russia has managed to maintain good relations with both Iran and Israel, even as the former has increased its presence in Syria in defense of the Assad regime, raising the latter’s hackles.


Source: Yahoo! News