Lifting of sanctions offers hope to Iran’s ailing economy
The lifting of UN sanctions on Iran reconnects a potentially vibrant emerging economy to world markets, with the allure of a bonanza for international and local investors and a brighter future for a restive young population. The FT’s Siona Jenkins asks Najmeh Bozorgmehr, Tehran correspondent, Martin Arnold, banking editor, and Anjli Raval, oil correspondent, what obstacles remain and how soon the country is likely to see results.
Iran-Saudi split damps hopes for regional conflict resolution
The year has begun with a sharp deterioration in the relationship between the two major powers in the Gulf region: Iran and Saudi Arabia. Gideon Rachman is joined by Roula Khalaf, foreign editor, and Geoff Dyer, Washington correspondent, to discuss the regional implications of the dispute.
Conductor and pianist Daniel Barenboim
Not content with threatening to cut off funding for artists she deems disloyal to Israel, Miri Regev, Israel’s far-right culture minister, is apparently seeking to project power onto her country’s preeminent foreign policy issue: the recently signed nuclear deal with Iran. Read more
Iran nuclear deal: historic breakthrough or mistake?
Years of painstaking negotiations between Iran and the world powers have finally led to a deal. Was it the biggest international diplomatic breakthrough in decades or a historic mistake? Roula Khalaf, FT foreign editor, and Najmeh Bozorgmehr, Tehran correspondent, debate the pros and cons.
The day after Vienna won’t look different. More blood will be spilled in the Middle East; more pain will be inflicted. In Iran beleaguered hardliners who never wanted the nuclear agreement may plot new mischief in the region; in Israel, the Gulf states and Congress, opponents of the deal will continue to protest. Some of Iran’s neighbours may resolve to pursue their own nuclear ambitions.
The details of the accord reached in Vienna after weeks of tortuous negotiations will be ripped apart according to political attitudes – those who favour Iran’s rehabilitation will highlight Iran’s concessions; those against it will play up American compromises. A glass half full to some, half empty to others. Read more
King Salman bin Abdulaziz al-Saud (Getty)
Over the past few weeks I’ve asked several western officials whether Saudi Arabia’s bombing campaign in Yemen signalled a fundamental change in Riyadh’s behaviour. Should we expect a far more aggressive kingdom under recently installed King Salman, or is Yemen a one-off war to blow off steam? Are we facing a new Saudi Arabia?
The answer has been consistent: we don’t know yet.
Early this morning, at the curious hour of 4 am Riyadh time, King Salman went some way towards providing an answer. In a bombshell announcement, he sacked crown prince Muqrin, who had been close to the late King Abdullah, and elevated Muqrin’s deputy, the security-minded interior minister Mohammed bin Nayef, to crown prince. More importantly – and controversially – he appointed his favourite son, the young Mohammed bin Salman, as next in line for the throne after bin Nayef. Read more
People celebrate in northern Tehran after the announcement of an agreement on Iran nuclear talks © Getty Images
There was a presidential statement in the Rose Garden of the White House. There were joyous celebrations on the streets of Tehran. There were lamentations in the US Senate. All these events were provoked by the news, earlier this month, of a framework nuclear deal between Iran and the US. Three weeks later, the newspapers are still full of critiques of the agreement.
But all of this fuss disguises an awkward fact. There is no Iran nuclear deal. Read more
Iran and Saudi Arabia wage proxy war in Yemen
Ben Hall is joined by Roula Khalaf and Najmeh Bozorgmehr to discuss the civil war in Yemen, and the growing hostility between Iran and Saudi Arabia, who are backing different sides in the conflict.
The scramble by European countries to join China’s new Asian Infrastructure Investment Bank is a powerful symbol of the eastward shift of global power
Soldiers of fortune from apartheid-era South Africa that inspired the Hollywood thriller ‘Blood Diamond’ are starring in Nigeria’s attempt to flush out Boko Haram terrorists
Saudi Arabia’s military intervention in Yemen’s civil conflict has turned up the heat on a simmering cold war between regional Sunni Arab states and their Shia rival, Iran
If the cries of ‘Je suis Charlie’ were sincere, the western world would be convulsed with worry and anger about the Wallström affair, argues Nick Cohen (The Spectator)
Chad’s strongman president, Idriss Déby, says Nigeria is absent in the fight against Boko Haram as Chadian troops defend Nigerian territory from the extremists (New York Times) Read more
Can the Iran nuclear talks succeed?
Gideon Rachman is joined by Roula Khalaf and Sam Jones to discuss the controversial international talks on Iran’s nuclear programme. What kind of a deal is on the table and can the talks succeed?
Benjamin Netanyahu is making his third appearance before a joint meeting of the US Congress on Tuesday morning in Washington.
In what is set to be a very controversial speech, he is expected to highlight what the Israeli leader insists are the risks of a nuclear deal with Iran
By Mark Odell and Sam Jones, Defence and Security Editor, and Siona Jenkins, Middle East and Africa news editor
When Benjamin Netanyahu rises to speak in Congress later on Tuesday he will become the first foreign leader since Winston Churchill to speak before Congress three times. John Boehner, the Republican speaker of the House, apparently intends to mark the occasion by presenting the Israeli prime minister, with a bust of Churchill.
Mr Netanyahu is probably vain enough to think that the comparison is appropriate. The Israeli prime minister believes that, like Churchill in the 1930s, he is a voice in the wilderness warning a complacent world against a “gathering storm” – in this case, an ambitious Iran that is intent on acquiring nuclear weapons.
But all politicians should be wary of comparing themselves with Churchill. George W Bush was also presented with a bust of Churchill, by the British government, which he kept in the Oval Office during the Iraq war. That didn’t work out too well. Beyond the threat of vainglorious self-delusion, the Netanyahu-Churchill comparison is dangerous for the Israeli leader himself, for a couple of reasons. Read more
Just as talks between Iran and world powers to nail down a deal restricting Tehran’s nuclear programme enter a decisive phase, the Islamic Republic last week put on a show. The Islamic Revolutionary Guard Corps (IRGC) placed a mock-up of a US aircraft carrier in the Strait of Hormuz at the entrance to the Gulf, and then blew it out of the water. For the IRGC, praetorian guard of the Shia theocracy, it would not do to show flabby muscle tone at this juncture, to the US or its Gulf Arab neighbours.
In Washington, meanwhile, another form of triumphalism is on display. Benjamin Netanyahu, prime minister of Israel, is tomorrow due to address the US Congress – at the invitation of its Republican leadership – and is expected to say that the nuclear deal under discussion amounts to capitulation to Iran and will allow it to build an atomic bomb. As well as a brazen electoral stunt before Israel goes to the polls on March 17, this is a calculated snub to President Barack Obama. Mr Netanyahu is flaunting his ability to go around the White House to Congress, where ordinarily he enjoys the near unanimous support he could only dream of in the Knesset at home. Read more
The scenes of chaos during President Jacob Zuma’s speech at the opening of South Africa’s parliament last week will be remembered as one of the darkest days of the post-apartheid era
Visitors from the Chinese mainland to Hong Kong are known as “locusts” and now a long-simmering resentment at their presence in the territory is boiling over into angry protests
Greece must impose capital controls or repeat the costly mistake of Cyprus, where emergency funding from the ECB was spirited out of the country, argues Hans-Werner Sinn
What Isis Really Wants: The Islamic State is no mere collection of psychopaths. Here’s what its beliefs means for its strategy – and how to stop it (The Atlantic)
Washington’s uneasy partnership with Tehran now extends to Yemen (Foreign Policy) Read more