Don Gimbel, global portfolio manager of Geneva Advisors in Chicago – who oversees $9 billion – asks, “Why would anybody want to be invested in a controlled market?”
White House Press Secretary Josh Earnest said Monday that Obama will attempt to ease concerns that the deal, which curbs Tehran’s nuclear program in exchange for sanctions relief, could put Israel’s safety at risk.
“The more time Members spend evaluating this agreement, the more they realize it’s an historic mistake”, he said in a statement on Monday. “There’ll be a lot of pressure on Democrats to support the president”, said Engel.
Brent crude, the global benchmark, fell about 50 per cent last year and dropped 2.1 per cent on Friday to $52.21 a barrel on the London-based ICE Futures Europe exchange. Oil companies in the U.S. have made an unprecedented cutback in drilling after prices slumped to a six-year...
Pelosi stated she was assured that if, as anticipated, Republicans move a “decision of disapproval” to attempt to sink the deal, a promised veto of that measure by President Barack Obama can be sustained.
By the time the House of Representatives recessed for the summer last week, no senior Democrat in the chamber had come out formally against the agreement and several central figures, including Minority Leader Nancy Pelosi, were strongly in favour.
If the talks are not completed in time, European authorities may have to provide further temporary financing as they did with a July bridge loan, though Avgi said that possibility had not been discussed with lenders.
An IMF official said the Fund would approve new loans for Greece only if Athens reached a deal with European governments that would ensure it can pay its debts, and there was “no expectation” that talks over the next couple of weeks would get to the point where the...
IAEA Director General Yukiya Amano and Head of the Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi on July 14 signed a roadmap in Vienna to resolve all the past and present outstanding issues related to Tehran’s nuclear energy program. Tom Cotton of Arkansas as...
Boxer recited a list of nations around the world that back the deal and said her Republican colleagues were being disrespectful. Everything that we have prevented will then start taking place, and all the voluntary rollbacks of their program will be undone, Kerry told the lawmakers.
I refuse to vote in favor of a deal which enables an evil state like Iran to proliferate nuclear weaponry while continuing its belligerency and perversion of religion and government.
Determined to secure support for the Iran nuclear deal, President Barack Obama is making inroads with a tough constituency – his fellow Democrats in Congress.