Iran Nuclear Talks Extended 7 Months; $700 Million In Monthly Sanctions Lifted

In what is hardly a surprising outcome, the parties involved in the Iran nuclear talks have decided it best for all to extend (and pretend) the discussion for another 7 months:
*IRAN NUCLEAR TALKS EXTENDED UNTIL JULY 1, OFFICIALS SAY Diplomatic teams will reconvene in December and the US State Department is proclaiming “good progress” in a brief statement. 7 more months of sanctions, a call with Putin today, and OPEC later in the week… one wonders if any of this will be relevant in 7 months. Additionally, it seems beggars can be choosers as P5 1 says Iran can get $700 million per month in frozen assets back…

This post was published at Zero Hedge on 11/24/2014.