Iran Digest: Week of July 10-17, 2015

Iran Digest: Week of July 10-17, 2015

In Iran deal, the whole world wins

Historic deals are not achieved every day, but Iran has clinched a deal with its negotiators in the face of outright fear mongering and pessimism. Both parties have ended up with a deal which is beneficial for them, unlike what we have experienced in the Greek saga. Perhaps US Secretary of State John Kerry should have handled the negotiations there, rather than German Chancellor Angela Merkel!

World powers have curbed Iran's ability to produce a nuclear weapon. This is not only in the interest of more stable Middle East, but it also paves the way for more economic growth around the world.

We believe that the Iranian nuclear deal is welcome news for many emerging and frontier markets. The deal is driving optimism across Turkey, Dubai, Abu Dhabi, Pakistan and India. (CNBC)

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