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joepouttu

Rouhani due in Paris as Iran drums up business with French - BBC News - 0 views

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    Iranian president Hassan Rouhani will arrive in France on Wednesday for the second leg of his state visit to Europe, after three days in Italy. Mr Rouhani is expected to secure valuable trade deals following the lifting of international sanctions over Iran's nuclear program.
wmulnea

Oil and Terror: ISIS and Middle East Economies - 0 views

  • ISIS's economic cost is significant not just for Iraq but also other Middle Eastern countries.
  • Iraq has the fifth largest oil reserves in the world and third highest in the Middle East after Saudi Arabia and Iran.
  • Part of ISIS's rise in Iraq can be attributed to sectarian politics.
  • ...15 more annotations...
  • part of their dissatisfaction came from the distribution of oil revenues. 
  • The mismanagement of oil revenues is also manifest in Iraq's poor infrastructure
  • Though currently the Iraqi government has reserves and surplus funds, mounting expenditures and falling oil prices has economists to project that Iraq will run a deficit next year.
  • it is running a self-sustaining economy, making it the world's richest terror group.
  • Thankfully, 6 of 8 Iraq’s major oil fields lie in the Shia South, which is unlikely to come under ISIS control.
  • It sells crude at a steep discount, at a rate of USD $30 per barrel
  • Turkey runs a huge trade surplus with Iraq, which is likely to slow down dramatically due to lower demand from Iraq.
  • Jordan and Lebanon, which have both absorbed a large number of refugees.
  • Iran’s position seems to be the trickiest of all in that its interests align with those of the US in its fight against ISIS
  • Falling oil prices have definitely curtailed Iran’s ability to intervene without serious consequences for its economy. Iran needs oil prices well above USD $100 for it to balance its budget,
  • Any cooperation between Iran and the US over ISIS could lead to a gradual withdrawal of sanctions, which would allow Iran to sell its oil on the open market and generate revenue. The flip side is that Iran’s oil would surely depress oil prices further.
  • Saudi's allegiances have become muddled.
  • it finds its interests are aligned with those of Iran, a traditional foe, both of which are against ISIS.
  • Russia needs oil prices near USD $100 to balance its budget and Iran needs high oil prices to support its nuclear program.
  • Regionally, ISIS will disrupt and degrade the economy of several states, and that in turn may lead to further political chaos -- which is precisely ISIS's goal.
mpatel5

Iran's President calls airstrikes on ISIS 'theater,' says broader campaign needed - 1 views

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    (CNN) -- Airstrikes against ISIS militants are a "psychological operation," not a military one, Iranian President Hassan Rouhani told CNN's Christiane Amanpour in an interview that aired Friday. "It is a common threat for all of us," he said. "And this requires a unison effort from all of us."
natphan

Boosting Middle East economy is way to beat extremism: Iranian president - 0 views

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    Iran's president says the best way to stability is improving the economy in Iran. Article discusses possible alliance between Italy, who is also struggling economically, and Iran.
ysenia

The Politics of Iran's Nuclear Program | The Iran Primer - 0 views

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    A brief overview of why Iran began their nuclear program and what is has progressed into today. It also explains the nuclear process and major players involved in the program.
joepouttu

The Pope's next diplomatic miracle? Middle East peace... - 1 views

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    Pope Francis has decided to take on the task of ending the ongoing religious conflicts that are ripping apart the Middle East and sending millions of people fleeing for their lives. He will get an opportunity when he hosts the Iranian President Hassan Rouhani during his travels to the West.
ysenia

Iran awards medals to team that clinched nuclear deal | The Times of Israel - 0 views

  • President Hassan Rouhani awarded the “Medal of Merit” to Foreign Minister Mohammad Javad Zarif and the “Medal of Courage” to Defense Minister Hossein Dehghan and Vice President Ali Akbar Salehi, who is also the country’s nuclear chief.
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    Medal of Merit and Medal of Courage awarded to members who helped reduce the nuclear activities taking place in Iran. Helped to lift economic sanctions placed by UN because Iran met the commitments required.
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