Iranian President Hassan Rouhani listens to explanations on new nuclear achievements in Tehran. Iranian Presidency Office. File.
Iranian President Hassan Rouhani listens to explanations on new nuclear achievements in Tehran. Iranian Presidency Office. File.
Iranian President Hassan Rouhani listens to explanations on new nuclear achievements in Tehran. Iranian Presidency Office. File.
Iranian President Hassan Rouhani listens to explanations on new nuclear achievements in Tehran. Iranian Presidency Office. File.

EU tells Iran to stay in nuclear deal as Gulf situation escalates


  • English
  • Arabic

Iran was warned on Wednesday not to breach its nuclear deal with world powers but countries that remain part of it said the US's withdrawal was placing the agreement in jeopardy and adding to the risk of conflict in the Gulf.

A report by UN Secretary-General Antonio Guterres presented to the Security Council said Tehran was continuing to meet its obligations, but his update was overshadowed by the worsening regional security situation.

Iran said on May 8 it would stop abiding by limits placed on its enrichment of uranium and production of heavy water within 60 days, in response to America's reimposition of economic sanctions. The announcement was made on the one year anniversary of the Trump administration unilaterally leaving the deal.

Tension has since risen with the sabotage of four vessels off the coast of Fujairah last month and mine attacks on oil tankers in the Gulf of Oman on June 13, all blamed by the US on Iran's Islamic Revolutionary Guard Corps, which in turn shot down an American spy drone last week.

The US announced further sanctions on Iran's leaders on Monday in response.

“Recent events in the Gulf are a reminder that we are at a critical juncture,” said Rosemary DiCarlo, UN under-secretary general, noting that Mr Guterres wanted Iran, the US and all other countries to refrain from any action that could cause miscalculation.

“As stated by the secretary-general in his briefing to the council on June 13, 'if there is one thing the world cannot afford, it is a major confrontation in the Gulf region',” Ms DiCarlo said in New York.

Iran's economy has tumbled into recession in the past year and it has not secured the gains promised under the nuclear deal. A trading mechanism promised as partial compensation for the US exit is not yet operational, adding to the chances of the deal finally falling apart.

But Joao Vale de Almeida, head of the European Union delegation to the UN, said the accord was “the only tool available” to allow the international community to put limits on Iran's nuclear programme.

“That is why we continue to support it and are determined to implement it,” he said. “There is no credible alternative.”

A joint statement by the six European countries on the council said that further to the US's withdrawal it regretted the latest American sanctions and the recent decision not to renew waivers that had allowed some countries to buy oil and other goods from Iran. But the statement also expressed alarm at Iran's regional activities and urged restraint.

Britain, France and Germany's ambassadors all separately said they regretted the US exit from the deal but that they could only keep the agreement alive if Iran continues to abide by it.

“As long as Iran remains in full compliance the UK will do everything it can to support the deal,” said Britain's ambassador Karen Pierce, but adding that she was"almost certain" that the IRGC was behind the recent security incidents in the Gulf.

France's permanent representative to the UN, Francois Delattre, said the situation in the Gulf called for “pragmatism and cool headedness”.

But Russia's ambassador to the UN, Vassily Nebenzia, blamed the current crisis on “double think” coming from Washington. “We hear expressions that this is not about regime change, but then talk of obliteration,” he said of the Trump administration's statements. “An agreement struck in good faith is being held hostage and the US is trying to shift the blame for everything.”

In response to Wednesday's council meeting, Iran's ambassador to the UN, Majid Takht-Ravanchi, said last month's announcement to limit its compliance with the deal was because of US breaches. With the agreement now in “critical condition” he urged the EU to take “immediate action”.

UAE currency: the story behind the money in your pockets

In Search of Mary Shelley: The Girl Who Wrote Frankenstein
By Fiona Sampson
Profile

Neil Thomson – THE BIO

Family: I am happily married to my wife Liz and we have two children together.

Favourite music: Rock music. I started at a young age due to my father’s influence. He played in an Indian rock band The Flintstones who were once asked by Apple Records to fly over to England to perform there.

Favourite book: I constantly find myself reading The Bible.

Favourite film: The Greatest Showman.

Favourite holiday destination: I love visiting Melbourne as I have family there and it’s a wonderful place. New York at Christmas is also magical.

Favourite food: I went to boarding school so I like any cuisine really.

UAE currency: the story behind the money in your pockets
One in four Americans don't plan to retire

Nearly a quarter of Americans say they never plan to retire, according to a poll that suggests a disconnection between individuals' retirement plans and the realities of ageing in the workforce.

Experts say illness, injury, layoffs and caregiving responsibilities often force older workers to leave their jobs sooner than they'd like.

According to the poll from The Associated Press-NORC Centre for Public Affairs Research, 23 per cent of workers, including nearly two in 10 of those over 50, don't expect to stop working. Roughly another quarter of Americans say they will continue working beyond their 65th birthday.

According to government data, about one in five people 65 and older was working or actively looking for a job in June. The study surveyed 1,423 adults in February this year.

For many, money has a lot to do with the decision to keep working.

"The average retirement age that we see in the data has gone up a little bit, but it hasn't gone up that much," says Anqi Chen, assistant director of savings research at the Centre for Retirement Research at Boston College. "So people have to live in retirement much longer, and they may not have enough assets to support themselves in retirement."

When asked how financially comfortable they feel about retirement, 14 per cent of Americans under the age of 50 and 29 per cent over 50 say they feel extremely or very prepared, according to the poll. About another four in 10 older adults say they do feel somewhat prepared, while just about one-third feel unprepared. 

"One of the things about thinking about never retiring is that you didn't save a whole lot of money," says Ronni Bennett, 78, who was pushed out of her job as a New York City-based website editor at 63.

She searched for work in the immediate aftermath of her layoff, a process she describes as akin to "banging my head against a wall." Finding Manhattan too expensive without a steady stream of income, she eventually moved to Portland, Maine. A few years later, she moved again, to Lake Oswego, Oregon. "Sometimes I fantasise that if I win the lottery, I'd go back to New York," says Ms Bennett.

 

Aquaman%20and%20the%20Lost%20Kingdom
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20James%20Wan%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Jason%20Mamoa%2C%20Patrick%20Wilson%2C%20Amber%20Heard%2C%20Yahya%20Abdul-Mateen%20II%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%202%2F5%3C%2Fp%3E%0A