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Iran Nuclear Deal Comes Into Force As US Sanctions Loom

Iran suspended the production of 20 percent enriched uranium in the presence of UN nuclear watchdog inspectors at Natanz and Fordo sites.

Via AFP:

Iran on Monday halted production of 20 percent enriched uranium, marking the entry into force of an interim deal with world powers on its disputed nuclear programme.

The suspension started the clock on negotiating a trickier long-term accord aimed at ending the Iran nuclear standoff and averting war once and for all.

In exchange for Iran's partial nuclear freeze, Western powers will slightly loosen crippling sanctions in a package worth between $6-7 billion, including $4.2 billion in frozen overseas foreign exchange assets in eight instalments starting February 1.

The European Union ...

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