The G-7 host, Emmanuel Macron, has made fighting inequality the theme for the annual meeting of the seven industrialized nations, which opens Saturday in the French seaside resort of Biarritz with the leaders of the United States, France, Britain, Germany, Italy, Japan, and Canada in attendance.
A document accidentally published by a NATO-affiliated body has hit headlines across Europe this week, seeming to affirm a longstanding open secret that is technically still classified: precisely where in Europe the United States stores its nuclear weapons.
A closed-door meeting of the UN atomic watchdog agency in Vienna Wednesday determined that Iran had indeed breached the 3.76% uranium enrichment limit of the 2015 nuclear deal, confirming reports from Iran Monday that it had ramped up its enrichment to 4.5%.
Europe has found a way of circumventing U.S. sanctions on Iran. The governments of France, Germany and the United Kingdom have developed a special purpose vehicle (SPV) to enable European businesses to maintain non-dollar trade with Iran without breaking U.S. sanctions. That SPV, known as INSTEX, is now up and running.
Brian Hook, U.S. special envoy for Iran, is in Paris discussing the looming crisis in the Persian Gulf with Britain, France, and Germany, ahead of talks Friday that will see the European allies seek to implement the 'INSTEX' currency system with Iran to circumvent Trump’s sanctions.
France, Britain, and Germany, the European signatories to the 2015 nuclear accord with Iran, held the Islamic Republic to its commitments as outlined in the deal this week in spite of recent threats from Iranian President Hassan Rouhani to resume high-level enrichment of uranium.
Iranian President Hassan Rouani threatened Wednesday to resume enrichment of uranium if the terms of the 2015 nuclear accord, from which the U.S. withdrew this time last year, were not renegotiated within 60 days among the powers that remain signatories to it.