Bammy continues to be more useless that the proverbial submarine screen door.
Iran Nuclear Deal Done (-20% Uranium Production For $6-7bn Lifted Sanctions); Obama Speaks - Live Webcast
UPDATE: Details of the deal are emerging including $4.2bn in FX
Despite earlier denials from Iran’s Deputy FinMin, EU, Iran, and US officials have confirmed:
*IRAN NUCLEAR ACCORD WITH WORLD POWERS ENDS 10-YEAR DEADLOCK
*IRAN WILL HALT 20% ENRICHMENT FOR 6 MONTHS, FARS REPORTS
*IRAN AGREEMENT DOESN’T FORMALLY RECOGNIZE RIGHT TO ENRICH
*IRAN AGREEMENT WILL STILL ALLOW IRAN TO ENRICH URANIUM
*IRAN INTERIM AGREEMENT FREEZES ADDITIONAL SANCTIONS
*IRAN DEAL LIFTS TRANSPORT AND INSURANCE SANCTIONS ON OIL
http://www.zerohedge.com/news/2013-11-23/iran-nuclear-deal-done-obama-speaks-live-webcast