Saturday December 14, 2019
Home Lead Story “Volunt...

“Voluntary Commitments” To The Six-Nation Nuclear Deal: Iran

Despite the havoc on the Iranian economy, U.N. officials have certified Tehran's compliance with the nuclear deal.

0
//
Iran
In this photo released by the official website of the office of the Iranian Presidency, President Hassan Rouhani speaks during a ceremony commemorating "National Day of Nuclear Technology," in Tehran, Iran, April 9, 2019. VOA

Iran is giving up some “voluntary commitments” to the six-nation nuclear deal, but is not pulling out of the deal, Foreign Minister Mohammad Zarif says.

Iranian state media quote Zarif as saying Iran is making the move because “the European Union and others … did not have the power to resist U.S. pressure.”

Zarif did not specify what he means.

But a newspaper tied to the hardline Revolutionary Guard says Wednesday’s announcement would “ignite the matchstick for burning the deal.”

U.S.
The U.S. announced last week it would no longer waive sanctions against countries that buy Iranian oil — another blow to Iran. VOA

President Hassan Rouhani will send letters to Britain, China, France, Germany, and Russia outlining exactly which parts of the deal he is abandoning.

Breaches Nuclear Deal, French Official Says

He also plans to make a speech Wednesday.

His remarks will come exactly one year after President Donald Trump pulled the U.S. out of the agreement, calling it one of the worst deals ever put together.

A French official cautions Iran against making any moves that would compel Europe and others to reimpose sanctions.

“Depending on what is in the statement from Tehran, at this stage what we’re expecting is a collective European reaction. But as we do not yet know exactly what will be in it, we are preparing for different eventualities,” the official said Tuesday.

The U.S. reimposed sanctions on Iran when Trump tore up the deal. The sanctions have had a devastating effect on what was already a weak Iranian economy. The sanctions relief from the five other signatories has brought little help.

U.S.
Iranian state media quote Zarif as saying Iran is making the move because “the European Union and others … did not have the power to resist U.S. pressure.” VOA

Also Read: NATO Remarks on Turkey’s Plans To Purchase Russian Air-Defense Missile Systems

Despite the havoc on the Iranian economy, U.N. officials have certified Tehran’s compliance with the nuclear deal.

But Iranian newspapers have reported the country could revive some of the nuclear activities it halted under the agreement. (VOA)

Next Story

Ways to Make Money in the Stock Market

Adopt a suitable trading strategy to earn more money in the stock market

0
Stock Market
Know about how to make profit in the stock market. Pixabay

Individuals who want to earn money in the stock market have plenty of choices to make. In addition to picking and choosing specific securities to trade, they first need to select a general trading strategy. Too many enthusiastic people jump into the market without a plan of attack, which can mean financial suicide.

The smart thing is to decide on an approach that makes sense for your level of risk tolerance, your financial resources and the amount of time you can give to the pursuit. Day traders, for example, often make the market their career, devoting every weekday morning and afternoon to the pursuit of profit. For the grand majority of us, however, other methods make more sense.

Peruse the list below and decide which one is the best fit for your personality, budget and schedule:

Long-Term Trading

Whether you have a little or a lot of money to invest, the long-term strategy can be a good fit for anyone. More than half of all people who buy and sell stocks online fall into this category. The beauty of working this way is that you can choose stocks that move slowly and build value over the long-haul. As long as you are patient and not worried about making a kill, this approach makes sense. Those who have self-directed retirement accounts often spend just a few hours each year re-balancing their portfolios. The drop shares that haven’t moved at all, add one or two new companies to the mix and leave it at that, until next year’s readjustment.

Stock market
In order to make more money in the stock market, individuals need to adopt a suitable trading strategy. Pixabay

Day Trading

If you have a strong stomach, at least $25,000 to put into a brokerage account and a lot of time on your hands, day trading could be your calling. Be ready for a few months of training, many sessions on a simulated platform and about a year of ramping up to full-time activity. Day traders usually hold no positions overnight but take their profits by scalping small price changes on large buys. If XYZ company, for example, is selling for $89.50 per share and suddenly goes up to $89.60, a day trader might buy 100 shares if the market indicates that the price will continue to rise to $90. That would mean a profit of $40 in the span of a few minutes, but 100 shares would cost close to $9,000.

Specializing in One or Two Securities

It’s becoming more common to specialize in just one or two companies. A big advantage to this style is the knowledge that comes with specialization. If you decide to only buy and sell shares of Microsoft and Walmart, for example, you’ll be pretty adept at spotting price changes before they occur.

Also Read- Traders Protest Government Collusion with Amazon, Flipkart: Report

Profiting from Precious Metal Stocks

Even people who are not keen on Wall Street in general often trade stocks based on the precious metals. This group includes companies that operate in the mining industry, which is a sector unto itself. Additionally, metals enthusiasts can buy and sell exchange traded funds (ETFs) that hold massive amounts of bullion. Silver and gold traders have been using ETFs and mining stocks to play the market for decades.