Iran nuclear deal: why investors should beware

Fortune

Since U.S. President Barack Obama struck a tentative deal with world leaders last week to curb Iran’s nuclear ambitions in exchange for lifting economic sanctions, the business community has been getting excited about commercial possibilities in the energy-rich nation. Though the deal is not yet final and Congress could very well reject it altogether, Iran could become the biggest country to rejoin the global economy since the fall of Communism in Eastern Europe in the early 1990s.

On the surface, the optimism makes sense: removing sanctions against Iran could increase its GDP growth by two percentage points to 5%, according to economist Mehrdad Emadi of London’s Betamatrix consultancy. Thereafter, Iran’s economy is predicted to grow 7% to 8%, generating business opportunities in the region. Iran’s export of an extra one million barrels of oil per day could eventually reduce oil prices further, helping industries and consumers worldwide. Most importantly, the…

Ver la entrada original 678 palabras más

Anuncios

Responder

Introduce tus datos o haz clic en un icono para iniciar sesión:

Logo de WordPress.com

Estás comentando usando tu cuenta de WordPress.com. Cerrar sesión / Cambiar )

Imagen de Twitter

Estás comentando usando tu cuenta de Twitter. Cerrar sesión / Cambiar )

Foto de Facebook

Estás comentando usando tu cuenta de Facebook. Cerrar sesión / Cambiar )

Google+ photo

Estás comentando usando tu cuenta de Google+. Cerrar sesión / Cambiar )

Conectando a %s