VIZIOIRAQI

https://youtu.be/YByT6wfdhJs

We might not have to let's see how things play out Iran seems to think they will be in good shape in 6 months.

Related: DAVOS Iranian banks reconnected to SWIFT network after four-year hiatus DUBAI A red London bus passes a branch of Iranian owned Bank Sepah International in London December 22, 2011. REUTERS/LUKE MACGREGOR Global transaction network SWIFT has reconnected a number of Iranian banks to its system, allowing them to resume cross-border transactions with foreign banks after the lifting of sanctions on Tehran, a SWIFT official said. Iran's re-entry on to the SWIFT system, four years after banks were cut off from the network, had became a political issue in the Islamic Republic in recent weeks. Some conservative parliamentary critics of President Hassan Rouhani had complained the reconnection was not occurring fast enough and the country's nuclear deal was not delivering the expected economic benefits. Iran is desperately trying to boost oil exports to regain market share lost during years of sanctions, which artificially curtailed its output. Despite the removal of the sanctions last month, only three cargoes with Iranian crude have sailed to Europe so far, a fraction of what Tehran has promised to ship to its old customers. Traders have said a slow pick up in exports was partially due to SWIFT problems. "Nobody could pay the Iranians via normal lines, not even in euros," one veteran oil trader based in Europe said, adding that after the reconnection he expected normal banking business to resume. Iranian banks were disconnected from Belgium-based SWIFT, the Society for Worldwide Interbank Financial Telecommunication, in March 2012 as international sanctions tightened against Tehran over its disputed nuclear program. The system is used to transmit payments and letters of credit and Iran's exclusion damaged its ability to conduct foreign trade and money transfers. Under a nuclear deal reached between Tehran and world powers, most sanctions against the country were removed last month. "SWIFT has completed the on-boarding process for these banks and can confirm that they have now been reconnected to SWIFT," said Onur Ozan, a country manager at SWIFT. "We will continue to work with the remainder of the entities that have applied to rejoin SWIFT to ensure their smooth reconnection," Ozan said in a statement carried on the Iranian central bank's website on Wednesday. Ozan did not give details of the Iranian banks that had been reconnected. The central bank said in its statement that all banks not covered by remaining sanctions had been connected, including itself, but some of the banks' foreign subsidiaries and branches were still working on it. Although SWIFT's action will make it easier to move money into and out of Iran, many foreign banks are expected to remain wary of doing business with the country, at least initially. The nuclear deal says non-U.S. banks may resume trading with Iran, but because Washington retains sanctions against Iran that predate the nuclear crisis and were imposed over other issues such as human rights, bankers are uncertain of the legal basis for business and worry they could still be targeted by U.S. officials. U.S. banks remain prohibited from doing business with Iran directly or indirectly. (Reporting by Andrew Torchia in Dubai; Additional reporting by Phil Blenkinsop in Brussels, and David Milliken and Dmitry Zhdannikov in London; Editing by Keith Weir and David Holmes) Read more: http://dinarvets.com/forums/index.php?/topic/216210-iranian-banks-reconnected-to-swift-network-after-four-year-hiatus/#ixzz40XGuKWdu

Alittle in the wrong direction, but movement is good there finally untide let's see where the New demand takes her too.

To encourage citizens to deposit their money in banks .. the government raises interest rates to 18% BAGHDAD / Hassan Shammari: A government source revealed on Saturday that the government decided to raise the interest rate on deposit money in banks to 18%, attributing this to help the government in overcoming the financial crisis. The source said in an interview with "Sky Press," that "the government has issued a number of proposals to address the financial crisis afflicting the country, and decided to raise the interest rate on deposit money in the bank to 18%." He added that "This move will encourage citizens to deposit their money in banks, which will make it easier to deal with the crisis that hit the country as a result of lower oil prices ". But in parallel with the detection of citizens and traders for "Sky Press," for "Dar Al Salam Bank Ahli" failure to extradite Mbalghm deposited with him under the pretext of state austerity faced by the country, as called upon the Ministry of Finance to intervene for their money Exchange, warned of the disruption of their businesses. The religious authority called on Friday, the Iraqi government to engage the assistance of local and international to develop a "contingency plan" in order to cope with the financial crisis, which amounted to "a dangerous level", as demanded by taking austerity measures against "unnecessary expenses" for the ministries and not the general public right. It is noteworthy that Iraq is going through an economic crisis because of lower oil prices, and Anfaqath in the war against al "Daash", as he emphasized Prime Minister Haider al-Abadi, in the November 18, 2015, that Iraq will emerge from the financial crisis in stronger, adding that he found offline to strengthen the economy and lack of total dependence on oil. http://skypressiq.net/12162-%D9%84%D...9%89%2018.html

Ok this sounds amazing , but where's the link to the article quote your referring too????

Warka's Internet banking system It's finally Back up and Running ! Whoop Whoop

DO not buy oil yet or you'll lose your shorts LOL

I got my new 4 digit password , but can't seem to get the login page to load so I can sign in . Is anyone else having this problem?

Give it a few days today was the very first day they went live ! I'm not sure we'll ever see that cuz there always gettin into trouble , but wouldn't that be sweet

Right now the Rial is at 29,790.00000 not sure what the bank is offering and at this price I don't care , but the value from what I've read today is expected to rise pretty fast and their working it out so that they can control it to a small level , not to through a shock wave on import and exports keeping the economy stable.

IAEA announcement expected on Iranian compliance with nuclear agreement By Don Melvin, CNN Updated 9:49 AM ET, Sat January 16, 2016 "TODAY IS IMPLEMENTATION DAY THE ECONOMIC SANCTIONS HAVE BEEN LIFTED JAN 16 2016" HEARD IT LIVE ON CNN THIS MORNING IN TRADE FOUR PRISIONERS IN SWAP DEAL FREED INCLUDING SAEED ABEDINI PASTOR WE'VE ALL BEEN PRAYING FOR ! Story highlightsU.S. Secretary of State John Kerry arrives in Vienna, meets with Iranian Foreign Minister Mohammad Javad Zarif Report on Iran's compliance with terms of nuclear deal expected Saturday Deal calls for lifting of some economic sanctions in exchange for Iran curbing nuclear program (CNN)Iran's foreign minister arrived in Vienna on Saturday saying he was confident the U.N.'s nuclear watchdog would certify that his country was complying with the terms of a deal to restrict its nuclear program in exchange for the lifting of some international economic sanctions. The International Atomic Energy Agency is expected to release its report Saturday assessing Iran's compliance with an agreement with foreign powers, including the United States and the European Union. Many observers expect the IAEA will corroborate Iranian compliance. Doing so would herald "Implementation Day," the formal name for the start of the next phase in the agreement called the Joint Comprehensive Plan of Action, which was hammered out with Iran in July. The new "Day" will mean the first wave of economic relief for Iran. Details of July's Iran nuclear deal Iranian Foreign Minister Mohammad Javad Zarif had already exuded confidence in a post to Twitter shortly after arriving in Vienna that the milestone has been met. "#ImplementationDay, it's now time for all -- especially Muslim nations -- to join hands and rid the world of violent extremism. Iran is ready." U.S. Secretary of State Kerry arrived later and quickly went into a meeting with Zarif. http://www.cnn.com/2016/01/16/middleeast/vienna-iran-iaea-nuclear-deal/

Nice now let's see with all this new demand how fast it climbs the mountain LOL Yahooooooo!

Iran releases U.S. sailors after brief detention By Bozorgmehr Sharafedin and Sam Wilkin 1 hour .View gallery An undated picture released by Iran's Revolutionary Guards website shows American sailors sitting … By Bozorgmehr Sharafedin and Sam Wilkin Related Stories Iran holds 10 U.S. sailors; White House expects prompt return Reuters Iran releases US sailors seized in Gulf AFP Iran's Guards say U.S. sailors will probably be released: Tasnim Reuters Iran sought U.S. apology for 'violating' territorial waters: Iranian official Reuters Iran holds 10 US sailors in Gulf AFP Family Share Pack: Our Best Shared Data Plan Sprint® Sponsored  DUBAI (Reuters) - Iran released ten U.S. sailors on Wednesday after holding them overnight, bringing a swift end to an incident that had rattled nerves days ahead of the expected implementation of a landmark nuclear accord between Tehran and world powers. Iran's Islamic Revolutionary Guard Corps (IRGC) said it had freed the sailors after determining they had entered Iranian territorial waters by mistake. The sailors had been detained aboard two U.S. Navy patrol boats in the Gulf on Tuesday. "Our technical investigations showed the two U.S. Navy boats entered Iranian territorial waters inadvertently," the IRGC said in a statement carried by state television. "They were released in international waters after they apologized," it added. Confirming the sailors' safe release, the Pentagon said there were no indications they were harmed while in Iranian custody. A carefully worded statement did not explain how the sailors and their two riverine command boats ended up being detained by Iran, saying only that "the Navy will investigate the circumstances that led to the sailors' presence in Iran". View gallery An undated picture released by Iran's Revolutionary Guards website shows American sailors sittin … The sailors were later taken ashore by U.S. Navy aircraft, while other sailors took charge of the boats and headed towards Bahrain, their original destination. U.S. Defense Secretary Ash Carter said he was pleased the sailors had been freed and appreciated "the timely way in which this situation was resolved". He added: "I want to personally thank Secretary of State John Kerry for his diplomatic engagement with Iran to secure our sailors' swift return." IRGC Rear Admiral Ali Fadavi had earlier said that the two U.S. Navy boats entered Iranian territorial waters due to a broken navigation system. The incident raised tensions between Iran and the United States, which, along with other world powers, reached a deal last year under which Iran will curb its nuclear activities in exchange for the lifting of economic sanctions. View gallery U.S. sailors are seen in an undisclosed location in Iran in this handout picture released on Farsnew … Some conservatives in both countries, enemies since Iran's 1979 Islamic revolution, have criticized the deal that is due to be implemented in the coming days. NUCLEAR DEAL Iran's armed forces chief, Major General Hassan Firouzabadi, said the incident should demonstrate Iranian strength to "troublemakers" in the U.S. Congress, which has sought to put pressure on Iran after the nuclear deal. And at a presidential campaign rally in the United States, Republican frontrunner Donald Trump, who accuses President Barack Obama of being weak on foreign policy, described the incident as "an indication of where the hell we're going". Attributing the boats' incursion into Iranian waters to a navigation error marked a de-escalation in rhetoric. Earlier, the Guards had said the boats were "snooping" in Iranian territory and said Foreign Minister Mohammad Javad Zarif had demanded an apology from Washington. An undated picture released by Iran's Revolutionary Guards website shows an American sailor sitt … The IRGC, the Islamic Republic's praetorian guard, is highly suspicious of U.S. military activity near Iran's borders and many senior officers suspect Washington of pursuing regime change in Tehran. The Guards operate land and naval units separate to the regular armed forces and stage frequent wargames in the Gulf, which separates Iran from its regional rival Saudi Arabia and a U.S. naval base in Bahrain. Last month, the U.S. Navy said an IRGC vessel fired unguided rockets near the aircraft carrier USS Harry S. Truman in the Strait of Hormuz, a critical shipping route for crude oil that connects the Gulf to the Indian Ocean. Iran denied the vessel had done so. In April 2015, the Guards seized a container ship belonging to Maersk, one of the world's major shipping lines, in the Gulf because of a legal dispute between the company and Iran. The ship and its 24 crew members were released after 10 days. The Guards have also seized British servicemen on two occasions, in 2004 and 2007, and a civilian British yacht crew in 2009. On each occasion the sailors were released unharmed after several days. (Reporting by Bozorgmehr Sharafedin and Phil Stewart; Writing by Sam Wilkin; Editing by Sami Aboudi, Peter Graff and Giles Elgood) http://news.yahoo.com/reports-u-sailors-prompt-release-speculation-irans-revolutionary-061613378.html

Junk

October 2016 is the Month for ??? Sanctions on the Rial get lifted Next Week January 2016!

Lifting of sanctions on Iranian banks Saturday 09 January 2016 | 12:48 Nuclear agreement is being implemented smoothly to date and without complications Testifies next week's lifting of international sanctions on Iran in regards to bank transfers.Iranians believe that the nuclear agreement is being implemented smoothly to date and without complications. Read more: http://dinarvets.com/forums/index.php?/topic/214055-lifting-of-sanctions-on-iranian-banks/#ixzz3x3YyFbsa

Iran: U.S. to Lift Sanctions in a ‘Few Days’ Republicans pushing last-minute effort to block release of billions Hassan Rouhani / AP BY: Adam Kredo January 12, 2016 5:00 am As Republican lawmakers on Capitol Hill focus on a last-ditch effort to prevent the Obama administration from awarding Iran $100 billion, the Islamic Republic’s leaders have stated that economic sanctions on the country will be fully lifted in the coming days. President Hassan Rouhani, in a recent address, promised “good news” in the next few days, hinting that the Obama administration will make good on its promise to fully lift economic sanctions and provide Iran with up to $100 billion in unfrozen cash assets as part of the nuclear deal finalized last year. Rouhani’s comments comport with recent remarks by Secretary of State John Kerry, who claimed last week that Iran is just “days away” from upholding its own end of the deal, which required it to ship certain nuclear materials to Russia. As Iran prepares to receive the cash influx, which experts say will revive the country’s long-stalled economy, Republican lawmakers in Congress are focusing on last-minute efforts to block the Obama administration from releasing these cash assets and unraveling sanctions on individuals who have aided Tehran’s nuclear weapons program. Sen. Kelly Ayotte (R., N.H.) along with a growing coalition of colleagues in both the House and Senate, has put forward legislation that would stop sanctions relief until the Obama administration can officially verify that Iran has ceased all work on a nuclear weapon. The bill would require the director of national intelligence to launch an investigation into this activity and submit a report to Congress. All sanctions relief agreed to by the Obama administration would be blocked until this report is complete, according to the bill. The lawmakers maintain that an ongoing United Nations investigation into this activity remains incomplete due to stalling efforts by Iranian hardliners who seek to keep the country’s military work a secret. “Given the glaring deficiencies of the International Atomic Energy Agency’s (IAEA) PMD report and Iran’s continued brazen missile tests and rocket launches, Congress must take serious action to protect the American people,” Rep. Mike Pompeo (R., Kansas), a key sponsor of the House version of the bill and member of the House Permanent Select Committee on Intelligence, said in a statement. “With the impending implementation of the president’s dangerous nuclear agreement with Iran, the world’s largest state sponsor of terror, it is absolutely unacceptable that we still do not have a thorough understanding of this regime’s past weaponization efforts,” he said. “This information is critical to our ability to detect and thwart future efforts by Iran to restart its nuclear program.” Congressional critics of the nuclear deal have repeatedly warned that Iran—designated by the United States as one of the world’s leading sponsors of terrorism—will use the newly unfrozen cash assets to fund its military operations and pursuit of ballistic missiles. The White House still has not disclosed why it abandoned recent efforts to impose new sanctions on Iran as a result of its multiple ballistic missile tests, which violate U.N. Security Council resolutions. Some in Congress have speculated that the administration was forced to abandon the new sanctions after Iran threatened to walk away from the deal. Experts predict that much of the sanctions relief will help fund Iran’s military campaigns in Syria, Yemen, Iraq, and elsewhere. “The lion’s share of the inflow of capital and technology in Iran in the post-implementation day era will go to the” Iranian Revolutionary Guard Corps, Iran’s leading military organization, according to Saeed Ghasseminejad, an expert at the Foundation for Defense of Democracies. That money, Ghasseminejad said, “will be used to oppose the U.S. in the Middle East and around the world.” Implementation of the deal will enrich the Revolutionary Guard Corps and give it the tools necessary to push Iran’s extremist ideology across the region, he said. “The administration should stop acting as Rouhani’s campaign manager and instead has to focus on fighting back against the IRGC’s growing influence in the region by punishing the IRGC for its bad behavior,” Ghasseminejad said. The State Department maintains that it is prepared to uphold up its end of the deal and lift U.S. sanctions on the day the deal is implemented. “‎None of the sanctions specified in the [nuclear deal] will be lifted prior to Implementation Day, which will occur when the [international Atomic Energy Agency] verifies that Iran has completed its relevant nuclear steps,” said a State Department official who was not authorized to speak on record. “All of the details of the specific actions to be taken by the U.S. and the [European Union] as it relates to the lifting of sanctions under the Joint Comprehensive Plan of Action (JCPOA), as well as the timing of those actions, are spelled out in the text of the deal,” the official said. Mark Dubowitz, Foundation for Defense of Democracies executive director and a leading expert on the deal, told the Free Beacon that “Implementation Day is no cause for celebration.” Iran, he said, “get a patient pathway to a nuclear weapon, intercontinental ballistic missiles and an economy increasingly fortified against future sanctions pressure.” The United States, on the other hand, gets “a brief pause in their nuclear expansion” due to the shipment on some enriched material to Russia. However, Iran “can easily regenerate” this material and expand it by turning on advanced centrifuges, which more quickly enrich nuclear materials. “Unless a new president digs us out from under this flawed agreement, the Obama Iran deal will severely erode American deterrence and greatly expand Iranian regime power,” Dubowitz said. Under the parameters of the deal, the United States is set to suspend most of the sanctions enacted by Congress over the past several years. This includes the suspension of nearly all sanctions related to Iran’s banking system, its insurance industry, energy and petrochemical sectors, shipping industry, gold trade, and automotive sector, according to the deal. The major Iranian banks and companies included in the list have long been believed to be supporting the country’s nuclear program and military. “Other nuclear proliferation-related sanctions will also be lifted,” according to information in Annex II of the nuclear agreement. Sanctions pertaining to Iran’s commercial airline industry also will be suspended, paving the way for U.S.-owned entities to resume legal trade with Tehran. Sanctions on those accused of aiding Iran’s nuclear efforts also will be removed from U.S. government lists. This includes certain individuals and companies on the specially designated persons list as well as its list of foreign sanctions evaders . Additionally, the United States has agreed to eventually remove sanctions on two individuals, Fereidoun Abbasi-Davani and Mohsen Fakhrizadeh, both accused of providing critical support to Iran’s weaponization and nuclear activities. Experts tracking the deal estimate that after eight years only 25 percent of nearly 650 entities designated by Treasury over the past decade for their role in Iran’s nuclear and ballistic missile program will remain sanctioned. http://freebeacon.com/national-security/iran-u-s-lift-sanctions-few-days/

OPEC waiting for US oil companies’ bankruptcy 11 January 2016, 19:57 (GMT+04:00) Baku, Azerbaijan, Jan. 11 By Anakhanum Khidayatova – Trend: OPEC will cut crude production and export in order to raise oil prices, after the US companies extracting hydrocarbons go bankrupt due to the current low energy prices, said Alexander Razuvayev, economist and director of the analytical department at Russian company Alpari. Alpari is one of the leading companies offering forex trading in Russia. "The price war will end sooner or later,” he told Trend Jan. 11. “We can expect positive changes this year. As a result of falling oil prices, budgets are running out, shale companies go bankrupt. Those, who survive the crisis, will take the new position on the market at comfortable prices." He said that none of the largest oil producers will be able to work at current low prices for a long time. Razuvayev believes that the current conflict between Saudi Arabia and Iran is unlikely to impact the world oil prices. “There won’t be a massive clash between the parties,” Razuvayev said. “Iran has just been released from the sanctions. Saudi Arabia is weaker than Iran militarily. The sides do not need a war." He said that the threat of a conflict between Saudi Arabia and Iran is only a short-term speculative factor for the world oil market. Relations between Saudi Arabia and Iran soured after execution of Nimr al-Nimr, a prominent Shia cleric, by the Kingdom along with other 46 people, which was followed by a strong protest from Iran. Mass protests took place in Iran following the said execution. In particular, the Saudi embassy in the capital Tehran and the consulate in the city of Mashhad were attacked, after which Riyadh broke off diplomatic ties with Tehran on Jan. 3. Over the past 30 years, the maximum oil price reached almost $144 per barrel of Brent in 2008. In January 2016, the oil price averaged at $32-35 per barrel. I just caught this reading this article this either just happened or it's inside information being #leaked in this article???!!

There will be no emergency meeting by OPEC ! Only 2 people in OPEC wanted one and they were voted down they will stick with there normal twice a year meeting business as usual. Just got this update from CNN 10 minutes ago! Current members As of January 2016, OPEC has 13 member countries: six in the Middle East (Western Asia), one in Southeast Asia, four in Africa, two in South America. Their combined rate of oil production represents approximately 40% of the world's total: Country Region Membership Years[6] Population (2015 est.)[7] Area (km²)[8]Oil Production (bbl/day, 2014)[9]Proven Reserves (bbl, 2014)[10]Algeria Africa 1969– 39,542,166 2,381,740 1,721,000 12,200,000,000 Angola Africa 2007– 19,625,353 1,246,700 1,756,000 9,060,000,000 Ecuador South America 1973–1992, 2007– 15,868,396 283,560 556,000 8,240,000,000 Indonesia Southeast Asia 1962–2008, 2016– 255,993,674 1,904,569 917,000 3,740,000,000 Iran Middle East 1960– 81,824,270 1,648,000 3,377,000 157,300,000,000 Iraq Middle East 1960– 37,056,169 437,072 3,364,000 140,300,000,000 Kuwait Middle East 1960 2,788,534 17,820 2,767,000 104,000,000,000 Libia Africa 1962– 6,411,776 1,759,540 516,000 48,470,000,000 Nigeria Africa 1971– 181,562,056 923,768 2,428,000 37,140,000,000 Qatar Middle East 1961– 2,194,817 11,437 2,055,000 25,240,000,000 Saudi Arabia Middle East 1960– 27,752,316 2,149,690 11,624,000 268,350,000,000 United ArabEmirates Middle East 1967– 5,779,760 83,600 3,474,000 97,800,000,000 Venezuela South America 1960– 29,275,460 912,050 2,685,000 297,740,000,000 OPEC Total 705,674,747 13,759,546 37,240,000 1,209,580,000,000 World Total 7,256,490,011 510,072,000 92,362,000 1,655,560,000,000 OPEC Percent 10% 3% 40% 73% In 1949, Venezuala and Iran were the first countries to move toward the establishment of OPEC, by inviting Iraq, Kuwait and Saudi Arabia to exchange views and explore avenues for regular and closer communication among petroleum-exporting nations, as the world recovered from World War II OPEC's objective is to keep the Oil prices so low that it knocks out all private entities These are America's most oil-rich states. Texas. > Proved oil reserves: 9.6 billion barrels. ... North Dakota. > Proved oil reserves: 3.8 billion barrels. ... Alaska. > Proved oil reserves: 3.3 billion barrels. ... California. > Proved oil reserves: 3.0 billion barrels. ... New Mexico. > Proved oil reserves: 965 million barrels. Your going to find all these companies going bankrupt quickly when oil hits in the 20's per barrel . It looks like it could stabilize around 15-18 and sit at 20 or under for quit awhile between 1 to 2 years . OPEC then plans on oil going back to around 50 to 75 per barrel , and I believe it will more likely be around 45 to 55 per barrel. There main objective is to make the United States Economy Crash hard to bring down the dollar . Once the Dollar is down enough it won't be able to rebound back up with no Demand & 19 + trillion in Dept! We have a big & yet small window to get ready for this & hopefully be able to invest in this once in a life time opportunity ! The IMF is not going to implement the Yuan active in the SDR basket unit Oct of this year so get ready people !

Yes it's now a currency WAR because of China continually devaluing their currency . The whole region over there is going to do the same thing very shortly! China is breaking away from the dollar and trying to freely let it float with out crashing and every time they do it drops a good bit and shakes the world market . All the other countries in the region or same basket are going to do the same break away from the dollar and let it float on it's own most likely pegging it to the Yuan because they are now a world reserve currency country in the SDR basket!

US barrels toward lifting Iran sanctions By Julian Hattem - 01/09/16 03:52 PM EST The United States is steaming ahead with implementation of the nuclear deal with Iran, and appears ready to lift sanctions as soon as this month. The final step in the years-long process could be just “days away,” according to Secretary of State John Kerry. ADVERTISEMENT“I think it could come, without being specific, sooner rather than later,” he told reporters at the State Department this week.The quick pace of implementation comes despite harsh opposition from Capitol Hill, where critics have accused the administration of emboldening Iran by refusing to get tough in the face of aggressiveness from Tehran. The administration has failed to adequately punish Iran for a pair of ballistic missile tests, lawmakers say, setting a potentially dangerous precedent. Iran has also recently sent ships within 1,500 yards of a U.S. aircraft carrier traveling through international waters, and failed to protect Saudi Arabian diplomatic buildings from ransacking protesters outraged over the execution of a prominent Shiite cleric. According to reports, the White House has backed away from an initial plan to levy new sanctions in retaliation for the missile tests, which are considered to be likely violations of United Nations sanctions. “There was an intention — Congress had been notified or the indication was that this action was going to be taken,” House Foreign Affairs Committee Chairman Ed Royce (R-Calif.) said this week. “And then the decision was made, after pushback from Iran, not to go forward.” Next week, the House will vote to tie the administration’s hands, preventing it from lifting sanctions on Iranian banks unless the U.S. can certify that those banks are not involved in financing terrorism or ballistic missiles. “The question here is one of pushback, given the violation of the U.N. sanctions,” Royce said, during a markup of the bill on Thursday. The legislation appears dead on arrival should it reach the White House, however, which has strongly opposed efforts to dismantle or hollow out the nuclear pact. Congressional Democrats — even those who oppose the deal — have also refused to support the legislation. “This measure really has no chance of becoming law,” the top Democrat on the Foreign Affairs Committee, Rep. Eliot Engel (D-N.Y.), said during the markup this week. Engel is an opponent of the Iran deal, which he has said will only empower the rogue nation. “Congress had an opportunity to vote on the deal and we lost,” he added. “I’m afraid we’re following the same path that we’re following with the Affordable Healthcare Act. Congress has spoken and it’s done.” In addition to the legislation hitting the House floor next week, lawmakers are also eyeing other steps to punish Iran, in a sign that the pressure on the White House isn’t letting up any time soon. A bipartisan group of lawmakers unveiled legislation this week to force the administration’s hand by calling for “expedited” sanctions in the face of Iran’s support of terrorism or use of ballistic missiles. The nuclear pact places limits on Iran’s ability to build a nuclear weapon in exchange for the lifting of sanctions on its oil and financial sector, which will send billions of dollars to Tehran. Before sanctions can be lifted against Iran, international inspectors need to certify that Iran has dismantled thousands of centrifuges, reduced its stockpile of uranium and taken other steps to cut off access to a nuclear bomb. Kerry said on Thursday that Iranian Foreign Minister Mohammad Javad Zarif had told him Iran is trying to finalize its obligations “as rapidly as possible.” Kerry added, “We are currently engaged ourselves in making certain that we’re prepared to move on that day.” The administration has insisted that the ballistic missile tests, continued imprisonment of Americans and aggressive posturing are outside the scope of the deal. The pact is meant solely to prevent Iran from acquiring a nuclear weapon, supporters say — nothing more. But officials seem especially eager to implement the deal, which is a pillar of Obama’s legacy, and may be willing to let Iran's other behavior slide for now. “The administration is obviously very nervous if implementation day doesn’t come quickly something will happen that will cause the deal to collapse or unravel,” said Gary Samore, an academic at Harvard University and former arms control advisor at the White House. Once the deal goes into effect, Samore predicted, the White House will likely carry through with the punitive measures that it has pulled back in order to see the deal implemented. “The administration will want to show that the nuclear deal won’t provide protection for Iran’s actions for non-nuclear activities,” he said. The Obama administration has insisted that the nuclear accord allows for nations around the globe to beef up sanctions related to Iran’s missile programs, human rights abuses and support of terrorist groups such as Hezbollah. But Iran has pushed back, claiming that new sanctions would violate the nuclear deal and give it cause for an about-face. Late in December, Iranian President Hassan Rouhani ordered his government to speed up the ballistic missile program, in response to the threat of new sanctions. “We have never negotiated regarding our defense capabilities including our missile program & will not accept any restrictions in this regard,” Rouhani said on Twitter at the time. “If US continues its illegitimate interference w/ Iran’s right to defend itself a new program will be devised to enhance missile capabilities.” Iran has also raised concern about new legislation narrowing a program allowing people from 38 countries to enter the U.S. without a visa. New restrictions would bar people who travel to Iran from participating in that program, which Iran has warned would undermine the terms of the nuclear deal. The Obama administration has tried to reassure Iran, potentially through the use of a special waiver in the law. Yet to critics of the administration, that sounds like further appeasement. Kerry “was trying to get around the law with a business exception,” House Homeland Security Committee Chairman Michael McCaul (R-Texas) said on Friday. “That is clearly not the intent of the bill.” http://thehill.com/policy/international/265302-us-barrels-toward-lifting-iran-sanctions EU: Iran Sanctions Could Be Lifted 'Soon' January 11, 2016 11:51 AM The European Union’s foreign policy chief Federica Mogherini said on Monday that sanctions on Iran could be lifted “soon.” A multilateral agreement reached in July requires Tehran to complete multiple steps regarding its nuclear program before several international sanctions are removed. There is no fixed date for the milestone. The deal intended to keep Iran from developing nuclear weapons. It allows the country to use certain nuclear technologies for peaceful purposes, however. At a news conference in Prague, Mogherini told reporters the so-called “Implementation Day” could come “rather soon.” Secretary of State John Kerry, who participated in weeks of talks with counterparts from Iran, China, and Europe, to reach the deal in Vienna, last week said implementation could be just “days away,” if “all goes well.” http://www.voanews.com/content/eu-iran-sanctions-could-lifted-soon/3140092.html

I agree and I'm not holding my breath , but I've read that Obama is going to let things slide Iran has calmed down and from the latest article i read there still talking about this month on economic sanctions being lifted.

First things first OPEC was started by the good old USA and we still hold 12% of it , so I'm not even taking this article seriously what so ever it sounds like just Opinions with lack of knowledge to me . Second of all Saudi is keeping oil supply high dropping oil prices to soon to be record lows on purpose there main goal is to knock out all private sector small players to monopolize the industry. They want to knock out N Dakota and Texas completely and damage the dollar all together. Iraq alone pushed 1 billion barrels of oil in just 2015 Texas & North Dakota together couldn't even do that! Everyone knows that 1/3 of Iraq's Oil containers is sitting at our boarder waiting to hit the market & at the same time Iran's oil is going to be hitting the market in record levels to make up for there loses some time this month. This will bring oil prices down into the Teen's Possibly even as low as 10 dollars per barrel , but I'm thinking some where around 15 to 20 per barrel myself. I hope it hits 10 I'll be buying alot of oil if it even goes to 15-18 . When it goes this low and it will for about a year or so it will break alot of people , but the upside is what it brings to the table for many others . Chances of a life time again to make 400% to 700% of your money back . Reuters and OPEC are saying 70 per barrel in 2017 but Saudi is saying no higher than 45 to 50 ever again so we shall see how this play's out!