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Sun May 6, 2018, 08:33 AM

Billions on the line for businesses in Trump's Iran decision

Source: Axios




Axios 12 mins ago

"From airplanes to oilfields, billions of dollars are on the line for international corporations as President Trump weighs whether to pull America out of Iranís nuclear deal with world powers," AP's Jon Gambrell writes from Dubai:

Why it matters: "If ... Trump follows through on his threat to pull the U.S. out of the Iran nuclear deal on May 12, the rest of the world will be thrust into uncharted territory, forced to navigate a complex web of U.S. sanctions."

What it means: "For Western businesses, the [2015] deal meant access to Iranís largely untapped market of 80 million people. ... [A]irplane manufacturers rushed in to replace the countryís dangerously dilapidated civilian fleet."

"[V]irtually all multinational corporations do business or banking in the U.S., meaning any return to pre-deal sanctions could torpedo deals made after the 2015 agreement came into force."


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Read more: https://www.axios.com/international-businesses-iran-sanctions-nuclear-deal-58f02094-4276-405b-a1d5-b28744e939d9.html?utm_source=sidebar

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Reply Billions on the line for businesses in Trump's Iran decision (Original post)
DonViejo May 2018 OP
tanyev May 2018 #1

Response to DonViejo (Original post)

Sun May 6, 2018, 08:50 AM

1. But that would sure show Obama. Ha!

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