Vance: Iran ‘could have access to’ $300B reconstruction fund
The fund would be financed by Gulf states and private investors, and access would depend on phased sanctions relief and Iran meeting nuclear commitments.
- On Monday, Vice President Vance said Iran "could have access" to a $300 billion reconstruction fund, provided the Islamic Republic ends its nuclear program and accepts international inspections.
- The potential funding is part of an initial agreement reached Monday to extend a fragile ceasefire and end the over three-month-old conflict in the region.
- Karl Rohe, Statistics Professor at University of Wisconsin-Madison, questioned the scale, calling the $300 billion "500%-600% larger than the entire annual budget of the Iranian govt." and equivalent to one year of Iranian GDP.
- Negotiations continue regarding the Strait of Hormuz, as the United States seeks to ensure long-term, toll-free passage, though critical agreement details remain under finalization.
60 Articles
60 Articles
The $300 Billion Mirage: How the U.S.-Iran Deal is destined to fail because Israel won’t stop the bloodshed in Lebanon
U.S. President Donald Trump, Vice President JD Vance, and Iran’s Parliament Speaker Mohammad Bagher Ghalibaf have virtually signed a 14-point memorandum of understanding to end the U.S. naval blockade of the strait, Iranian ports, and the broader Gulf region, according to senior U.S. sources cited by CNN. The interim peace deal, set for formal signing […]
MAGA Revolt Erupts as Trump's Own Hawks Turn Against His Iran Deal
President Donald Trump’s Iran war has divided his MAGA base more than any other issue since he came down the Trump Tower escalator to launch his first presidential campaign, Axios reports. Now, some of his top allies are turning against his Iran deal in a series of denunciations. “The backlash has been particularly scathing from allies Trump spent months amplifying as validators of his Iran campaign,” Axios reports. The Iran deal has “opened an …
With 14 points, which Tehran and Washington agreed on according to the media, the Iran war is to be defused. The reactions are promptly followed.
VP Vance: If Iran Funds Hezbollah, It Won’t Get Assets Unfrozen
JERUSALEM (VINnews) — US Vice President JD Vance on Tuesday downplayed the criticism of the deal between the US and Iran. Speaking in an interview with Megyn Kelly, Vance stressed that Iran will not simply be handed frozen assets without proving that it has changed its behavior. “It is a regional peace deal. It’s going […]
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