Iran has begun implementing the nuclear agreement: it has invited the International Atomic Energy Agency to inspect its facilities with no restrictions and has begun to dismantle many of its centrifuges. The sanctions on Iran are also schedule to be lifted in phases and Iran is getting ready to re-enter the world petroleum market. The global market for oil is still depressed and Suadi Arabia shows no sign of restricting its production. So Iran will be able to sell its oil but at a reduced price. Nonetheless, Iran is willing to sell as much oil as the market can handle.
Efforts to dissuade Russia from taking actions that jeopardize international stability, such as the Russian intervention in Ukraine, have not been particularly successful. One of the reasons why they have failed is that Russia has managed to insinuate its economic strengths deep into the process of globalization. From Russian oil and natural gas sales to Europe, to Russian citizens buying property in London, and to extensive cyberhacking into large corporations, Russia has made the costs of disapproval quite high. If the West wishes to limit Russian influence in other areas of the world, it needs to address the extensive financial Russian networks first.
The Swiss People’s Party (SVP), a staunchly anti-immigrant party, is poised to take up to a third of the seats in the lower house of the Swiss Parliament. The strength of the SVP was not expected and the gains of the party will shift Swiss politics from center-left to center-right. Switzerland has not really been affected by the refugee crisis yet, but apparently the Swiss voters take the issue very seriously.
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