Russian President Vladimir Putin would like to preserve the Iranian nuclear deal, as it is good for Russia, the US President Donald Trump told Fox News. His remark came after the US-RUssia summit in Helsinki on Monday. On the Iran nuclear deal, which Trump pulled the US out of, he said Putin "probably would have liked to keep the deal in place", but that it wasn't good for America, the Telegraph reported. As reported earlier, Trump voiced his decision to withdraw from the Iranian nuclear deal and re-impose sanction on Iran. Armenia News - NEWS.am ! This text available in Հայերեն and Русский Print … [Read more...] about Trump: Iran deal is good for Russia, but it wasn’t good for US
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Whither the Transatlantic Alliance After Trump’s Iran Deal Madness?
Europe finds itself at a critical juncture after the Trump administration's unconscionable decision to unilaterally withdraw from the 2015 Iran nuclear agreement, involving the five permanent members of the UN Security Council plus Germany. Trump's decision to withdraw from the agreement had nothing to do with its lack of success or any breach by Tehran; on the contrary the Iranians, according to the IAEA, had been operating in full accordance with their obligations under the agreement — an agreement which by any objective measure had proved eminently successful in ensuring its nuclear industry was solely devoted to the development of energy not weapons. Thus Trump's decision was taken not in the interests of peace or stability in the Middle East, but instead at the behest of a Washington neocon establishment and Washington's regional allies, … [Read more...] about Whither the Transatlantic Alliance After Trump’s Iran Deal Madness?
Airbus Will Suffer From President Trump’s Iran Deal Exit
It didn't come as much of a shock last week when President Donald Trump pulled the plug on a 2015 agreement that eased economic sanctions on Iran in exchange for limits on Iran's nuclear enrichment program. After all, Trump had long characterized the agreement as a "bad deal". The reimposition of U.S. sanctions throws a wrench into the plans of companies that had started doing business with Iran. Aerospace is one sector that will be hit particularly hard, as Iranian airlines had been desperate to upgrade and expand their fleets. However, the U.S. withdrawal from the Iran deal will hurt Airbus (NASDAQOTH: EADSY) a lot more than Boeing (NYSE: BA). Boeing hasn't been counting on Iran Two years ago, with the pace of aircraft orders slowing, Airbus and Boeing were eager to line up orders from Iranian airlines. Both companies signed big deals with Iran Air during 2016. Agreements with smaller Iranian airlines followed. The deal that Boeing eventually struck with Iran Air called for the … [Read more...] about Airbus Will Suffer From President Trump’s Iran Deal Exit
Trump’s Iran deal exit forces EU to confront US ‘economic policeman of the world’
US President Donald Trump’s pullout from the Iran nuclear deal has put Europe under pressure to salvage the 2015 multilateral agreement. But does the EU have what it takes to stand up to US sanctions? The day after Trump announced his long-dreaded decision to withdraw from the 2015 Iran nuclear deal, EU members were hammering out measures to try to protect European firms doing business in Iran from US sanctions. The JCPOA (Joint Comprehensive Plan of Action) – as the Iran deal is formally known – was signed between Iran, the US, Russia, China, Britain, France, Germany and the EU. But Trump’s pullout has left international companies doing business in Iran vulnerable to the extraterritoriality of US law, which enables Washington to punish foreign companies operating in Iran if they have business dealings with the US or use dollar transactions. Europe has long complained about the long arm of US economic jurisdictions, which made it difficult for major European … [Read more...] about Trump’s Iran deal exit forces EU to confront US ‘economic policeman of the world’
Reuters: UK’s Johnson to Trump: Iran deal has weaknesses but don’t dump it
Picture: AFP London. British Foreign Secretary Boris Johnson has appealed to U.S. President Donald Trump not to pull out of the Iran nuclear agreement, saying the deal had weaknesses but they could be addressed given time, Reuters reports. Trump has said that unless European allies rectify “flaws” in Tehran’s 2015 deal with world powers by May 12 he will refuse to extend U.S. sanctions relief for Iran. Britain, France and Germany remain committed to the accord as is but to address U.S. concerns they want to open talks on Iran’s ballistic missile programme, its nuclear activities beyond 2025 - when key provisions of the deal start to expire - and its role in Middle East crises such as Syria and Yemen. “It has weaknesses, certainly, but I am convinced they can be remedied,” Johnson wrote in an opinion piece for the New York Times. “Indeed at this moment Britain is working alongside the Trump administration and our French and German … [Read more...] about Reuters: UK’s Johnson to Trump: Iran deal has weaknesses but don’t dump it