Iran Deal Creates 7 Major Impacts to Economy, Global Security
Iran's Supreme Leader Ayatollah Ali Khamenei delivers a speech at the Imam Khomeini Grand Mosque in Tehran, Iran on Nov. 20, 2013. Khamenei said economic sanctions will never pressure Iran to make concessions. (AP Photo/Office of the Supreme Leader)
November 26, 2013
| Security
| Middle East and North Africa, The Americas

Late Saturday night major powers struck what President Barack Obama termed a historic “first step” with Iran that will significantly reduce the threat from its nuclear program. While Tehran made some unexpected concessions in this agreement, they mostly maintain the status quo and will do little to set back its capability to produce nuclear weapons.

New reports from Tehran suggest that the radical Islamic regime sees the agreement as a huge win for them. Mass demonstrations broke out in favor of the ruling government.

In Jerusalem, the Israelis expressed dismay if not outright anger over the deal, which at best freezes Iran’s current nuclear program while removing the most stinging, and apparently effective, sanctions that had brought the regime to the table in Geneva.

The Geneva agreement has likely broken the back of Western support for continued tough economic sanctions on Iran. Iran will see its regional and global influence increase as a result.

At the same time, the hollowness of the agreement will heighten anxieties in Israel, Saudi Arabia and other regional states and will dramatically increase the likelihood that the Saudis will pursue their own nuclear deterrent.
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