Iran nuclear deal set for reprieve as Trump prepares to extend waivers

Iran nuclear deal set for reprieve as Trump prepares to extend waivers

Iranian officials have said they are not interested in any renegotiation.

The officials spoke on condition of anonymity because they weren't authorized to publicly preview the decision.

President Trump is expected to agree this week to continue granting Iran a reprieve from sanctions over its nuclear program, while again signaling his displeasure with the global nuclear deal that lifted the penalties, USA and European officials, congressional aides and others said.

It has also said it will stick to the accord as long as the other signatories respect it, but will "shred" the deal if Washington pulls out. As it stands, Iran is now allowed to enrich uranium to low grades unsuitable for weapons use.

Raj Bhala, an worldwide trade law expert who has studied sanctions, can discuss the announcement, its effects, the nuclear deal, Iran, the country's economy, economic protests in Iran, the U.S. -Iran relationship and related topics.

China will continue playing a constructive role in maintaining and implementing the Iran nuclear deal, Chinese Foreign Minister Wang Yi said on Saturday. I said I would not certify the nuclear deal-and I did not.

"The U.S. government, like other parties to the deal, is obliged to fulfill all its obligations, and if it fails to comply with its obligations under false pretexts, it should be fully held accountable for the consequences", the foreign ministry said in its statement.

"The EU remains committed to the full and effective implementation of the agreement, including to make sure that the lifting of the nuclear-related sanctions has a positive impact on trade and economic relations with Iran, including benefits for the Iranian people", Federica Mogherini told a press conference in Brussels. But, oddly, particularly for the Europeans, the unrest in Iran is an even stronger reason for sticking with the deal.


The waiver he will sign suspends USA sanctions on Iran for 120 more days.

A senior administration official said Trump wants the 2015 Iran deal strengthened with a follow-on agreement in 120 days or the United States will unilaterally withdraw from the global pact.

He also ordered 14 separate sanctions to punish Iran over its human rights abuses, including in response to recent protests.

Trump had privately chafed at having to once again waive sanctions on a country he sees as a rising threat in the Middle East. The enormous financial windfall the Iranian regime received because of the deal - access to more than $100 billion, including $1.8 billion in cash - has not been used to better the lives of the Iranian people. Had he sanctioned the bank, there was speculation that Iran would view the deal as effectively abrogated. But Trump's refusal to certify the deal to Congress did not pull the US out of the deal itself.

Trump must decide by mid-January whether to continue waiving U.S. sanctions on Iran's oil exports under the terms of the pact.

It marked the third time the president has extended the deal despite a campaign promise to rip up what he has called "the worst deal ever".

"The Islamic Republic of Iran stresses clearly that it will not take any measures beyond its commitment to the [2015 deal], nor will it accept changes to this agreement now or any time in the future".

Related News:

  • Wrong-runway confusion during landing at SFO

    Wrong-runway confusion during landing at SFO

    At the same time, a Virgin America Airbus A320 was stopped on Runway 28L awaiting take-off to Kona, Hawaii, according to the FAA. On November 20, the National Transportation Safety Board confirmed that officials were also investigating two other SFO events.

    Death toll climbs to 18 in massive Montecito mudslide

    When Clay and Kelly Weimer couldn't reach the Mitchells, they jumped in their auto Tuesday and headed south from the Bay Area. Josephine Gower, 69, died when she opened the door to her home, her son, Hayden Gower, told NBC station KSBY.
    Abouth 300 Palestinians injured in renewed clashes with Israeli forces

    Abouth 300 Palestinians injured in renewed clashes with Israeli forces

    Tensions were already high ahead of Friday's protests after two 16-year-old Palestinians were killed in clashes with the IDF on Thursday.
  • Investors Sell Shares of American Airlines Group (AAL) on Strength (AAL)

    Investors Sell Shares of American Airlines Group (AAL) on Strength (AAL)

    It is negative, as 53 investors sold AAL shares while 210 reduced holdings. 55 funds opened positions while 118 raised stakes. Quentec Asset Management Llc increased Viavi Solutions Inc stake by 2.80M shares to 3.17 million valued at $29.97M in 2017Q3.

    Students versus masters: Raptors ready to take fast pace to Warriors

    Still, the Cavs reportedly view him as an asset they can move "in the right deal" before the NBA's February 8th trade deadline. It was an unexpected blowout considering the Raptors were missing an injured Kyle Lowry and a suspended Serge Ibaka .
    Forces defuse IED on Sgr-Bla highway

    Forces defuse IED on Sgr-Bla highway

    Traffic movement on the Srinagar-Baramulla highway was disrupted after the explosive was found. Meanwhile, in a separate incident two persons were injured in army firing in the same area.
  • Sii Investments Inc. WI Grows Holdings in US Bancorp (USB)

    Sii Investments Inc. WI Grows Holdings in US Bancorp (USB)

    The stock of Micron Technology, Inc. (NYSE:ECL) earned "Neutral" rating by Credit Suisse on Wednesday, February 24. The stock has a market capitalization of $94,560.00, a P/E ratio of 16.96, a PEG ratio of 1.93 and a beta of 0.85.

    Hess Corp Institutional Investor Sentiment Worsened in Q3 2017

    Echo Street Cap Mgmt Llc reported 359,213 shares. (HCP) worth $407.15 million at the end of the most recent reporting period. It dropped, as 43 investors sold HES shares while 162 reduced holdings. 115 funds opened positions while 233 raised stakes.
    Hillary Clinton tweets about Trump's 'ignorant, racist views'

    Hillary Clinton tweets about Trump's 'ignorant, racist views'

    Trump also said the United States should admit more people from places like Norway , an overwhelmingly white country . The White House has not denied the language, nor have the several Republican lawmakers in the meeting.
  • Rex Burkhead and Mike Gillislee likely out against Titans

    Rex Burkhead and Mike Gillislee likely out against Titans

    Without his dual-threat ability as a rusher and pass-catcher, the Patriots' offense sputtered at times in December. The 27-year-old missed New England's final two regular-season contests because of a left knee injury.
    French women's rights activists denounce Deneuve's letter

    French women's rights activists denounce Deneuve's letter

    The letter has sparked backlash in France, as the country grapples with its own debate over sexual harassment and assault. But now this liberation of speech has been turned on its head".

    Philip Morris International Inc

    Chemical Bank & Trust stated it has 0.24% of its portfolio in Philip Morris International Inc. (NYSE:PM) for 495,500 shares. Green Street Investors Ltd Liability holds 5.14% of its portfolio in Duke Realty Corporation (NYSE:DRE) for 294,900 shares.


Most liked

CES 2018 Complete Wrap Up - Everything You Need To Know
The giant has also made the Google Assistant service available for the bigger Tablet devices which were not available till date. In November, Google launched out an upgrade that will permit you to employ Home devices in your house as intercom systems.

West Virginia vs Texas Tech basketball
West Virginia has the home court and will have the best player on the court, as they do most Big 12 games with Jevon Carter . West Virginia will get another offensive weapon this weekend with Esa Ahmad eligible to play after serving his suspension.

(XOM) Stake Lowered by Bollard Group LLC
Cowen reissued a "buy" rating and issued a $100.00 price target on shares of Exxon Mobil in a report on Tuesday, September 19th. The oil and gas company reported $0.93 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.89 by $0.04.

PayDay 2 on Switch features timed-exclusive character, CRIME.NET Local Play
Dark Souls: Remastered will feature visual enhancements and will include the Artorias of the Abyss expansion. Nintendo on Thursday revealed its upcoming Switch games for 2018 via a Nintendo Direct Mini video.

Facebook Plans Video Chat Device To Rival Amazon Echo Show
Like Amazon's screen-equipped Echo Show, Facebook's Portal is created to work indoors and be controlled through voice commands. Third-party streaming is also available, allowing the use of Netflix and Spotify to play favorite movies and songs.

Trump's politics of vengeance hits blue-state Republicans hardest
Godinich said the Republicans' vote on the tax bill and the party's priorities "are toxic to their re-election chances in 2018". Staff at Issa's D.C. office told Voice of OC Wednesday morning they don't know if he's going to run for another office or not.

American Water Works Company Inc (AWK) Shares Sold by Chelsea Counsel Co
Kbc Group Nv invested 0.3% of its portfolio in American Water Works Company, Inc. (NYSE:AWK) to report earnings on February, 20. Howland Capital Management Llc decreased Target Corp (NYSE:TGT) stake by 6,000 shares to 5,708 valued at $337,000 in 2017Q3.

Another person located after California mudslide
About 100 homes have been destroyed and 300 others damaged in Montecito, a community known for its multimillion-dollar properties. Forty-three people are still missing, Santa Barbara County Sheriff Bill Brown said at a news conference Thursday.

Seahawks offer Brian Schottenheimer offensive coordinator position
Schottenheimer replaces Darrell Bevell, who was sacked earlier this week along with offensive line coach Tom Cable. ESPN's Adam Schefter reports the Seahawks are expected to hire Brian Schottenheimer as offensive coordinator.

Trump's good idea on Medicaid reform: Honchariw
These able-bodied men and women are the ones who will be required to find work in order to keep their Medicaid benefits. Similarly, 60 percent of Nevadans who gained Medicaid coverage via the ACA expansion didn't work at all during 2015.

Google Duo Users can Make Calls to Smartphone Without Duo Installed
Duo will now send video chats to those with Android phones who have yet to download the app on to their handset. Talking about Google apps, the search giant's newest app to launch is Google Pay.

Heyman | Astros acquire Gerrit Cole from Pirates
Cole's ERA was 3.88 in 2016 and 4.26 last year, the two highest marks of his career for the 26-year-old right-hander. Musgrove did appear in 38 games for the Astros last season, posting a 4.77 ERA with 98 strikeouts in 109.1 innings.

Stocks Bracing for Volatility: Histogenics Corporation (HSGX), Signet Jewelers Limited (SIG)
According to their observations and findings, the stock could provide a high EPS of $4.84/share and a low EPS of $3.42/share. The number of shares now owned by investors are 19.13 mln. 61 funds opened positions while 111 raised stakes.

Federer set for first match
However, her inconsistency in recent months will be her undoing and will be a big miss for a tournament lacking star names. The Dane will also look to improve upon her record of semi finals in 2011 and win her first ever Grand Slam title.

What Do Analysts Say About Endo International plc (ENDP)
Pub Employees Retirement System Of Ohio invested in 0.38% or 40,223 shares. 42 funds opened positions while 136 raised stakes. Airain ltd purchased a new position in shares of Endo International during the 2nd quarter valued at about $387,000.