World carmakers have waited a long time to return to Iran, the biggest automobile market in the Middle East. When they re-enter after the international sanctions are dropped they will have to compete with Chinese rivals, the FT reports.
President Barack Obama took to his pulpit a day after the historic Iran nuclear deal was inked to sell Congress and the American people on the agreement. He also took the opportunity to stress that the plan prevents Iran from obtaining an atomic bomb.
The IAEA will have no problem monitoring uranium production in Iran, the problem will come when the agency is asked to look into things where they have no expertise like explosives, detonators, missiles, says former IAEA inspector Robert Kelley.
The nuclear deal of July 14 marked a breakthrough in US-Iran relations, and while critics remain fiercely opposed to the deal, Iran’s return to the international scene offers inspiring opportunities for the Middle East.
The Iranian agreement will spark a presidential reality show in the country where the Democratic and Republican opponents of the deal are going to start talking tough, Gerald Celente, publisher of the Trends Journal, told RT.
Tehran and six leading world powers have finalized a nuclear agreement. Unless Iran breaches the deal, the International Atomic Energy Agency will confirm it. This ends decades of antagonism towards Iran. What is in store for the Islamic state?