Iranian Stocks Extend Gains on Bets Nuclear Deal Is Imminent

Iran’s equities gained for a fifth day as investors speculated officials from the Persian Gulf country and world powers may soon agree on a nuclear deal.

The Tehran Stock Exchange’s benchmark TEDPIX Index rose 2.3 percent at the close, the highest in three months. Tamin Petroleum & Petrochemical Investment Co. was the biggest contributer to the increase, advancing 4.6 percent.

Iran moved closer to ending a 12-year dispute that led to sanctions after reaching a deal Sunday to lift a United Nations arms embargo, resolving one of the biggest issues in the negotiations. An agreement to start removing restrictions that have crippled Iran’s economy may be reached as soon as today, according to diplomats involved in the talks….

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Iranian Official: Possible Nuclear Deal No Single Remedy for All Problems with West

TEHRAN (FNA)- Head of Iran's Civil Defense Organization Brigadier General Gholam Reza Jalali underlined that any possible nuclear deal between Tehran and the world powers would never resolve the country's problems with the West.

“We shouldn’t think that if an agreement is made, everything will be settled and we will not have any problems with the west but we should have plans in different aspects after the deal,” Jalali said, addressing a forum in Tehran on Monday.

Stressing that the resistance economy is one of Iran's permanent strategies with or without a nuclear agreement, he said the regional issues, especially the proxy wars in the region, orchestrated by the US and its regional allies, are another point which should receive due attention.

Iran and the Group 5+1 (the US, Russia, China, Britain and France plus Germany) are in the final phase of their last round of talks in Vienna to draft a final deal to end their over-a-decade-long nuclear standoff….

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Tens of Thousands of Christians Urge World Powers to Take Firm Line in Iran Talks

P5+1 member countries met with Iranian officials amid negotiations about the future of their country’s nuclear program, July 6, 2015.
(Photo: US State Department)

Tens of thousands of Christians signed on to a global petition organized by the International Christian Embassy Jerusalem (ICEJ) urging world powers involved in the Iranian nuclear negotiations to take a firm line with Iran.

The petition calls on the Western powers involved in the talks—US, UK, France, and Germany (not including the non-Western P5+1 countries, Russia and China)—as well as the European Union and United Nations to “hold firm in demanding the complete dismantling of the Iranian nuclear facilities until any sanctions relief is given to Tehran.”

Specifically, the petition calls for Iran to completely dismantle its nuclear program and for sanctions to remain in place until the Islamic Republic “relinquishes its destructive goals of spreading terrorism, destroying Israel, and achieving regional hegemony.”…

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Israel is preparing for an agreement with Iran. Ya’alon: ‘It would be a historic mistake’

Reports from Vienna are causing fear in Israel: tonight the powers and Iran will apparently announce the signing of an agreement regarding the Iranian nuclear program. Defense Minister Moshe (Bogie) Ya'alon said Sunday that “the West may sign a bad agreement that is full of unprecedented concessions with a blood-soaked, ruthless regime that spreads terrorism throughout the world and undermines the very foundations of the free world. It would be a historic mistake.”

According to foreign media reports, the parties reached an agreement on most issues, and it appears that the sanctions against Iran will be removed immediately upon signing the agreement, including the arms embargo. This last issue was one of “mines” that led to the repeated extensions of the deadline for reaching an agreement. Iran demanded the removal of the embargo, while the US opposed. It appears that the White House decided to be flexible and agreed to lift the arms embargo, even if not immediately according to some reports.

It was also agreed, according to reports, that UN inspectors will be able to access the Iranian military nuclear facilities only by prior arrangement with the Iranian authorities. This is one of the problematic sections of the agreement, if the reports regarding it will be proven to be correct. In this way, there could be no real, tightly controlled supervision of Iran's military nuclear program…

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