The news broke fairly late in the evening (3 AM in Geneva) and was quickly being trumpeted by the media and the Obama administration. A deal had been struck with Iran to “limit” their nuclear program in exchange for billions of dollars in relief from sanctions. We’ll let the Washington Post start the crowing.
Iran and six major powers agreed early Sunday on a historic deal that freezes key parts of Iran’s nuclear program in exchange for temporary relief on some economic sanctions.
The agreement, sealed at a 3 a.m. signing ceremony in Geneva’s Palace of Nations, requires Iran to halt or scale back parts of its nuclear infrastructure, the first such pause in more than a decade.
Iranian Foreign Minister Mohammad Javad Zarif hailed the deal, which was reached after four days of hard bargaining, including an eleventh-hour intervention by Secretary of State John F. Kerry and foreign ministers from Europe, Russia and China.
When you dig into the details of this arrangement, there’s a lot of frosting and not much cake.