Iran and the West reach a deal

Iran will place limits on its nuclear programme in return for an end to almost a decade of economic isolation.

Iran's Mohammad Javad Zarif agreed to place limits on its nuclear programme

One of the biggest diplomatic agreements of the post-war era was agreed this week as Iran and global powers America, Germany, Russia, France, Britain, and China secured a deal. Iran will place limits on its nuclear programme, including monitoring of sensitive sites by the International Atomic Energy Agency, in return for an end to almost a decade of economic isolation. The dismantling of sanctions could unfreeze assets worth over $100bn and unleash a flood of foreign investment into the country's economy and stockmarket.

What the commentators said

Israel and President Barack Obama's critics in the US Congress, who are opposed to the negotiations, have consistently warned that the "wily Iranians" would pull the wool over the Western negotiators eyes, noted But "that was never likely" given that Iran's need for a deal was greater, and the details of this deal certainly don't suggest it is the case.

Advertisement - Article continues below

Many critics would only be happy with a complete dismantling of Iran's nuclear infrastructure, which was never going to happen. While the deal is like to face opposition in Congress, President Obama should have the numbers to veto any attempts to block it and quite right too.




Bullish investors return to emerging markets

The ink had barely dried on the US-China trade deal before the bulls began pouring into emerging markets.
27 Jan 2020
Investment strategy

Beware the hidden risks when investing in emerging markets

Emerging markets look cheap compared with developed countries, but earnings may be less trustworthy.
23 Dec 2019

How long can the good times roll?

Despite all the doom and gloom that has dominated our headlines for most of 2019, Britain and most of the rest of the developing world is currently en…
19 Dec 2019
Emerging markets

Emerging markets: buy when the news is bad

Emerging markets are being squeezed by local turmoil and by more general factors. But bad news can spell opportunity for investors.
5 Nov 2019

Most Popular


House price crash: UK property prices are falling – so where next?

With UK property prices falling for the first time in eight years, are we about to see a house price crash? John Stepek looks at what’s behind the sli…
2 Jul 2020

How can markets hit new record highs when the economy is in such a mess?

Despite the world being in the midst of a global pandemic, America's Nasdaq stock index just hit an all-time high. And it's not the only index on a bu…
3 Jul 2020

The end of the bond bull market and the return of inflation

Central bank stimulus, surging post-lockdown demand and the end of the 40-year bond bull market. It all points to inflation, says John Stepek. Here’s …
30 Jun 2020