Israel's recent bombing campaign in Iran severely damaged some of its nuclear plants and killed about 1,000 Iranians. AP
Israel's recent bombing campaign in Iran severely damaged some of its nuclear plants and killed about 1,000 Iranians. AP
Israel's recent bombing campaign in Iran severely damaged some of its nuclear plants and killed about 1,000 Iranians. AP
Israel's recent bombing campaign in Iran severely damaged some of its nuclear plants and killed about 1,000 Iranians. AP

Europe takes snapback leverage to Iran talks in Istanbul


Sunniva Rose
  • English
  • Arabic

Europe's big three, France, the UK and Germany, are determined to brandish their most potent tool in nuclear talks with Iran as they return to the negotiating table on Friday in Istanbul, experts have said.

The so-called snapback mechanism allows for the reinstatement of six suspended UN Security Council resolutions in a move that cannot be vetoed by any of the five permanent members of the UN Security Council. The 2015 Iran nuclear deal was uniquely structured around the role of the UNSC's China, the US, Russia, France and the UK.

"It's unique leverage," said Behrooz Bayat, a former external expert at the International Atomic Energy Agency (IAEA) and senior fellow at Berlin-based think tank, the Centre for Middle East and Global Order. He said it stops "Europeans from being sidelined" by Donald Trump's US administration.

These resolutions include arms embargoes, frozen assets and restrictions on Iran’s missile and nuclear programmes.

The talks in Istanbul, announced by Iran, come one month after the German, French and British foreign ministers met their Iranian counterpart Abbas Araghchi in Geneva. The talks yielded no breakthrough but Iran said it was ready to consider diplomacy again. They were dismissed at the time by US President Donald Trump, who described them as unhelpful. The next day, he ordered air strikes on Iran's nuclear programme after weeks of Israeli air raids.

Looming deadline

Top-tier ministers will not attend the meeting. Iran will send its deputy foreign minister and Europeans will be represented by their respective ministry's political directors. Yet the talks are likely to be closely scrutinised as the October deadline looms to trigger a snapback, which takes at least 30 days.

"It's very urgent," Mr Bayat said. "To retain this leverage, Europeans have to come to a conclusion." Similar talks took place in February 2025 and November 2024.

Fordow fuel enrichment plant near Qom, Iran, after being bombed last month. Maxar Technologies / Reuters
Fordow fuel enrichment plant near Qom, Iran, after being bombed last month. Maxar Technologies / Reuters

Contacted by The National, the German Foreign Ministry confirmed the meeting will take place on Friday. A representative said if there is no "sustainable and verifiable diplomatic solution" by the end of August, "the snapback mechanism will remain an option" for the European heavyweights. Last week, French Foreign Minister Jean-Noel Barrot said UN sanctions would be reimposed in August "at the latest" without "a firm, tangible and verifiable commitment from Iran".

There is a perception in European capital cities that Iran is stalling, hoping to avoid consequences before the deadline. At the same time, positions are hardening. Iran insists it will not abandon its nuclear programme. France is now aligned with the US on demanding zero uranium enrichment. Under the nuclear deal in 2015, the figure was 3.67 per cent, deemed sufficient for civilian purposes.

Yet Iran has said it is open to a deal with the West. Reimposing UN sanctions could heighten the risk of military escalation, Mr Bayat warned, because they were all adopted under chapter seven of the UN Charter, which deals with threats to world peace and security. "Maybe Israel will feel even freer to attack than before," he said.

National pride

Israel's recent bombing campaign severely dented Iran's nuclear plants and killed about 1,000 Iranians. The nuclear programme "is now stopped" because of the severity of the damage, Foreign Minister Abbas Araghchi told Fox News on Monday. But it will eventually resume because it is a "question of national pride" for Iran, he added.

Iran insists its programme is peaceful in the face of widespread disbelief in the West due to levels of enrichment going way beyond what is needed for civilian purposes. Iran's sole civilian power plant in Bushehr is fuelled with Russian-imported uranium.

Some potential for compromise remain on the table. Iran had told Europeans that it would agree on a deal that allowed enrichment at less than 1 per cent, former US Secretary of State Antony Blinken recently said. Iran had also reportedly agreed to include its ballistic programme in the talks, a longstanding European demand.

The figure of 1 per cent might be a face-saving formula for Iran, Mr Bayat suggested. "It's a bit bizarre – uranium is already naturally enriched at 0.7 per cent," he said. "Maybe such a formula would allow the regime to talk to its constituencies [and claim] that somehow enrichment has been rescued."

Foreign ministers from France, the UK and Germany, and the EU's foreign affairs chief talk ahead of a meeting with their Iranian counterpart in Geneva. EPA
Foreign ministers from France, the UK and Germany, and the EU's foreign affairs chief talk ahead of a meeting with their Iranian counterpart in Geneva. EPA

For Britain, France and Germany, the challenge ahead lies in maintaining pressure on Iran without diplomatic talks collapsing. Europe is also keen to avoid further chaos in the region and may find a legal pathway to prolong the snapback mechanism if no deal can be reached in the next weeks.

"I assume Europeans don't want to activate the mechanism unless they are obliged to do it. On the other hand, they don't want to lose the leverage," Mr Bayat said. "It now depends on how co-operative Iran is."

Match info:

Real Betis v Sevilla, 10.45pm (UAE)

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How Alia's experiment will help humans get to Mars

Alia’s winning experiment examined how genes might change under the stresses caused by being in space, such as cosmic radiation and microgravity.

Her samples were placed in a machine on board the International Space Station. called a miniPCR thermal cycler, which can copy DNA multiple times.

After the samples were examined on return to Earth, scientists were able to successfully detect changes caused by being in space in the way DNA transmits instructions through proteins and other molecules in living organisms.

Although Alia’s samples were taken from nematode worms, the results have much bigger long term applications, especially for human space flight and long term missions, such as to Mars.

It also means that the first DNA experiments using human genomes can now be carried out on the ISS.

 

U19 World Cup in South Africa

Group A: India, Japan, New Zealand, Sri Lanka

Group B: Australia, England, Nigeria, West Indies

Group C: Bangladesh, Pakistan, Scotland, Zimbabwe

Group D: Afghanistan, Canada, South Africa, UAE

UAE fixtures

Saturday, January 18, v Canada

Wednesday, January 22, v Afghanistan

Saturday, January 25, v South Africa

UAE squad

Aryan Lakra (captain), Vriitya Aravind, Deshan Chethyia, Mohammed Farazuddin, Jonathan Figy, Osama Hassan, Karthik Meiyappan, Rishabh Mukherjee, Ali Naseer, Wasi Shah, Alishan Sharafu, Sanchit Sharma, Kai Smith, Akasha Tahir, Ansh Tandon

How Tesla’s price correction has hit fund managers

Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.

It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.

The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.

Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.

Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.

He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.

AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”

A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.

Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.

Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.

Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.

By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.

Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.

In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”

Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.

She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.

Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.

First Person
Richard Flanagan
Chatto & Windus 

Ballon d’Or shortlists

Men

Sadio Mane (Senegal/Liverpool), Sergio Aguero (Aregentina/Manchester City), Frenkie de Jong (Netherlans/Barcelona), Hugo Lloris (France/Tottenham), Dusan Tadic (Serbia/Ajax), Kylian Mbappe (France/PSG), Trent Alexander-Arnold (England/Liverpool), Donny van de Beek (Netherlands/Ajax), Pierre-Emerick Aubameyang (Gabon/Arsenal), Marc-Andre ter Stegen (Germany/Barcelona), Cristiano Ronaldo (Portugal/Juventus), Alisson (Brazil/Liverpool), Matthijs de Ligt (Netherlands/Juventus), Karim Benzema (France/Real Madrid), Georginio Wijnaldum (Netherlands/Liverpool), Virgil van Dijk (Netherlands/Liverpool), Bernardo Silva (Portugal/Manchester City), Son Heung-min (South Korea/Tottenham), Robert Lewandowski (Poland/Bayern Munich), Roberto Firmino (Brazil/Liverpool), Lionel Messi (Argentina/Barcelona), Riyad Mahrez (Algeria/Manchester City), Kevin De Bruyne (Belgium/Manchester City), Kalidou Koulibaly (Senegal/Napoli), Antoine Griezmann (France/Barcelona), Mohamed Salah (Egypt/Liverpool), Eden Hazard (BEL/Real Madrid), Marquinhos (Brazil/Paris-SG), Raheem Sterling (Eengland/Manchester City), Joao Félix(Portugal/Atletico Madrid)

Women

Sam Kerr (Austria/Chelsea), Ellen White (England/Manchester City), Nilla Fischer (Sweden/Linkopings), Amandine Henry (France/Lyon), Lucy Bronze(England/Lyon), Alex Morgan (USA/Orlando Pride), Vivianne Miedema (Netherlands/Arsenal), Dzsenifer Marozsan (Germany/Lyon), Pernille Harder (Denmark/Wolfsburg), Sarah Bouhaddi (France/Lyon), Megan Rapinoe (USA/Reign FC), Lieke Martens (Netherlands/Barcelona), Sari van Veenendal (Netherlands/Atletico Madrid), Wendie Renard (France/Lyon), Rose Lavelle(USA/Washington Spirit), Marta (Brazil/Orlando Pride), Ada Hegerberg (Norway/Lyon), Kosovare Asllani (Sweden/CD Tacon), Sofia Jakobsson (Sweden/CD Tacon), Tobin Heath (USA/Portland Thorns)

 

 

Classification of skills

A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation. 

A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.

The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000. 

if you go

The flights 

Etihad and Emirates fly direct to Kolkata from Dh1,504 and Dh1,450 return including taxes, respectively. The flight takes four hours 30 minutes outbound and 5 hours 30 minute returning. 

The trains

Numerous trains link Kolkata and Murshidabad but the daily early morning Hazarduari Express (3’ 52”) is the fastest and most convenient; this service also stops in Plassey. The return train departs Murshidabad late afternoon. Though just about feasible as a day trip, staying overnight is recommended.

The hotels

Mursidabad’s hotels are less than modest but Berhampore, 11km south, offers more accommodation and facilities (and the Hazarduari Express also pauses here). Try Hotel The Fame, with an array of rooms from doubles at Rs1,596/Dh90 to a ‘grand presidential suite’ at Rs7,854/Dh443.

Sam Smith

Where: du Arena, Abu Dhabi

When: Saturday November 24

Rating: 4/5

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Five expert hiking tips
    Always check the weather forecast before setting off Make sure you have plenty of water Set off early to avoid sudden weather changes in the afternoon Wear appropriate clothing and footwear Take your litter home with you
england euro squad

Goalkeepers: Dean Henderson (Man Utd), Sam Johnstone (West Brom), Jordan Pickford (Everton)

Defenders: John Stones (Man City), Luke Shaw (Man Utd), Harry Maguire (Man Utd), Trent Alexander-Arnold (Liverpool), Kyle Walker (Man City), Tyrone Mings (Aston Villa), Reece James (Chelsea), Conor Coady (Wolves), Ben Chilwell (Chelsea), Kieran Trippier (Atletico Madrid)

Midfielders: Mason Mount (Chelsea), Declan Rice (West Ham), Jordan Henderson (Liverpool), Jude Bellingham (Borussia Dortmund), Kalvin Phillips (Leeds)

Forwards: Harry Kane (Tottenham), Marcus Rashford (Man Utd), Raheem Sterling (Man City), Dominic Calvert-Lewin (Everton), Phil Foden (Man City), Jack Grealish (Aston Villa), Jadon Sancho (Borussia Dortmund), Bukayo Saka (Arsenal)

About Takalam

Date started: early 2020

Founders: Khawla Hammad and Inas Abu Shashieh

Based: Abu Dhabi

Sector: HealthTech and wellness

Number of staff: 4

Funding to date: Bootstrapped

Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

Torque: 390Nm

Price: From Dh126,000

Available: Now

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Racecard

6pm: The Pointe - Conditions (TB) Dh82,500 (Turf) 1,400m

6.35pm: Palm West Beach - Maiden (TB) Dh82,500 (T) 1,800m

7.10pm: The View at the Palm - Handicap (TB) Dh85,000 (Dirt) 1,400m

7.45pm: Nakeel Graduate Stakes - Conditions (TB) Dh100,000 (T) 1,600m

8.20pm: Club Vista Mare - Handicap (TB) Dh95,000 (D) 1,900m

8.55pm: The Palm Fountain - Handicap (TB) Dh95,000 (D) 1,200m

9.30pm: The Palm Tower - Handicap (TB) Dh87,500 (T) 1,600m

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)

 

Company: Instabug

Founded: 2013

Based: Egypt, Cairo

Sector: IT

Employees: 100

Stage: Series A

Investors: Flat6Labs, Accel, Y Combinator and angel investors

Jeff Buckley: From Hallelujah To The Last Goodbye
By Dave Lory with Jim Irvin

Updated: July 22, 2025, 3:16 PM