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Page added on May 3, 2018
Iran expects U.S. to walk away from nuclear deal
Saying the United States is likely to walk away from a U.N.-backed nuclear agreement next week, OPEC-member Iran said it was making budget preparations.
U.S. President Donald Trump needs to decide by May 12 whether to issue sanctions waivers to Iran. If he doesn’t, it would counter the U.N.-backed nuclear agreement that opens trade doors with one of the Organization of Petroleum Exporting Countries’ biggest producers.
Trump in April suggested to OPEC the price of oil was too high. Reneging on the deal, however, would sideline hundreds of thousands of Iranian barrels of oil in an already-tightened market and cause the price of oil to move even higher.
For Iran, the loss of those additional barrels would mean a loss of upwards of $700 million per day at today’s prices. Iranian government spokesman Mohammad-Baqer Nobakht was quoted by the official Islamic Republic News Agency as saying that Tehran was already busy with budgetary accommodations.
“We have paved the way and prepared necessary budget for that era,” he said.
Iran is the third largest oil producer in the Organization of Petroleum Exporting Countries. Campaigning for a second term in office last year, Iranian President Hassan Rouhani said easing international sanctions and addressing a high rate of inflation were national priorities. For a two-month period in March, the Central Bank of Iran reported inflation at 9.6 percent, down from the 10 percent reported during the two-month period ending in January.
The Iranian economy is expected to stabilize at around 4.5 percent over the medium-term. The International Monetary Fund, in a 2017 assessment, said gross domestic product swelled by as much as 6.6 percent, but should moderate at around 3.3 percent this year.
Last year, the IMF said unemployment in Iran was high, job creation was slow and per capita income was unchanged from a decade ago.
“More recently, renewed uncertainty regarding sanctions is dampening sentiment,” the report read.
Iran’s Central Bank said earlier this year, however, that the economy created 650,000 new jobs in the past fiscal year. Growth for 2018, however, will depend largely on non-oil sectors of the Iranian economy.
64 Comments on "Iran expects U.S. to walk away from nuclear deal"
MASTERMIND on Fri, 4th May 2018 4:06 pm
The world is finally ready for Marxism as capitalism reaches the tipping point
https://www.independent.co.uk/news/long_reads/karl-marx-anniversary-a8334241.html
Davy on Fri, 4th May 2018 4:21 pm
Antius, I prefer a Russians to a Canadians. I wish we shared a border with Russia.
onlooker on Fri, 4th May 2018 4:39 pm
Clog, I think you will agree that Trump is currently the best game in town if you oppose globalism, the NWO, Satanism, pedophilia rings, secret societies, the Federal Reserve system, depopulation (chemtrails, GMO, vaccines, etc), endless war for banker profit and power, attacks on our basic rights (free speech, gun rights, privacy, general freedom), etc.
Antius on Fri, 4th May 2018 4:49 pm
“The world is finally ready for Marxism as capitalism reaches the tipping point”
You people are the devil incarnate. A year ago I still doubted people that told me that Jews were behind a plot to enslave humanity. It sounded too far fetched to be true. But the more I read about your crimes and the more I heard spill out of your mouths, the more plausible it began to seem. Hundreds of millions have suffered because of what you have done. If there is to be a decent future for humanity, your people need to be kept under constant vigilance.
MASTERMIND on Fri, 4th May 2018 5:26 pm
Davy
You would suck up to the white trash Russians.
MASTERMIND on Fri, 4th May 2018 5:31 pm
Critical Mass (2012)
https://hdvix.com/movie/critical-mass-2012-11663/
A must watch collapse movie! Over an 8 rating on IMDB
Davy on Fri, 4th May 2018 6:17 pm
Mm, I prefer a Russian to a pussy lying liberal also BTW.
Anonymouse1 on Fri, 4th May 2018 6:38 pm
So, still having these ‘fights’ with your own sock eh? Do you ‘win’ a lot of these ‘fights’, or are most of them draws?
Stark raving mad is an understatement when applied to you.
MASTERMIND on Fri, 4th May 2018 6:57 pm
Davy
Who’s a lying liberal?
MASTERMIND on Fri, 4th May 2018 6:57 pm
Davy
Who is the one who is afraid to open a link?
makati1 on Fri, 4th May 2018 8:05 pm
“A crazed or corrupt federal judge in New York—paid off by who?—has ordered Iran to pay $6 billion to 9/11 victims although Iran has nothing whatsoever to do with the 9/11 attack…. Clearly, the purpose of this hoax judicial decision is to make insouciant Americans believe that Iran was behind 9/11 and therefore muster Americans’ support for a military attack on Iran….
If Washington had any sense, Washington would get rid of Russia by allowing Russia to join the West and become firmly mired in the decadence before the emasculation of American males leaves them unfit as soldiers. Does the West, the culture of which is geared toward the emasculation of males, really want to go to war against Russia and China? Doesn’t seem to me like a good decision.”
https://www.theburningplatform.com/2018/05/04/morality-truth-facts-have-exited-from-the-dying-west/#more-175596
Insanity rules in the West and especially in The Us.
Cloggie on Sun, 6th May 2018 3:12 am
More geopolitical changes underway:
https://www.rt.com/news/425905-north-korea-changes-clocks/
“Settling the difference: N. Korea realigns clocks with Seoul”
Cloggie on Sun, 6th May 2018 3:14 am
Antius, I prefer a Russians to a Canadians. I wish we shared a border with Russia.
Actually you do.
https://www.theatlantic.com/technology/archive/2015/07/superhighway-bering-strait-new-york-paris/397370/
https://www.snopes.com/fact-check/false-i-can-see-russia-from-my-house/
JuanP on Sun, 6th May 2018 10:20 am
There are only three countries in the world that do not support the deal today, they are the USA, Israel, and Saudi Arabia. Need I say more? The USA continues on its path to self destruction and collapse. Americans are their worst enemies!