Macroeconomic Monitor
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2013.12.05

The Iran-US deal in the balance

The agreement on Iran's nuclear program with the P5+1 countries, including the United States, Britain, France, Russia, China and Germany, is probably the most important geopolitical event of the past year. After nearly a decade of increasing pressure on the Islamic Republic, the negotiations on the principle of the "big stick" have yielded results. With the Iranian economy …

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