Trump, Macron and Merkel Have an Opportunity in Iran's Crisis

Bloomberg.com | 4/24/2018 | Eli Lake
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Those who want to kill the Iran nuclear deal, and those who want to fix it, may both overlook that there's a strong third option: keep its fate in limbo.

May 12 is the deadline for President Donald Trump to decide whether to re-impose crippling sanctions, which were lifted by the deal that was intended to provide transparency into and temporary limits on Iran's nuclear development.

Week - President - Emmanuel - Macron - German

This week French President Emmanuel Macron and German Chancellor Angela Merkel will press Trump to hold off. Iran's foreign minister, Javad Zarif, went on CBS to threaten that Iran had "unpleasant" options should Trump impose the sanctions. Even HBO late-night host John Oliver has gotten in on the act. His program will take out ads this week on Fox News asking the president to remain in the nuclear bargain that was forged by Barack Obama. Trump's own nominee for secretary of state said recently that his preference is to strengthen, and not end, the nuclear deal.

That bargain is no doubt important. There are however more pressing matters than the fate of the nuclear deal -- namely the fate of the Iranian regime. Any consideration of abrogating or maintaining the deal should include how the actions would affect the regime and the pro-democracy resistance.

Story - December - Protests - Country - Iran

It's an easy story to miss, but since late December when protests broke out throughout the country, Iran's ruling clerics have faced a cascade of crises that pose the most serious threat to the regime's legitimacy since the 1979 Islamic revolution.

Let's start with the currency crisis. There is already a run on Iran's banks. The Iranian rial has lost a third of its value in 2018 compared to the U.S. dollar. One dollar is worth around 60,000 rials on the black market in Iran today. Compare that to when the current president, Hassan...
(Excerpt) Read more at: Bloomberg.com
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