March 30, 2015

FALLING IN LOVE AGAIN:

Nuclear Deal Could Drive Foreign Investors to Iran Stocks (BILL SPINDLE And  DAN KEELER, March 30, 2015, WSJ)

If Iran reaches a nuclear deal and sanctions are lifted, Western investors are likely to queue up to invest in the country.

The first stop for much of that money, at least initially, could be the Tehran Stock Exchange.

"Iran has a unique combination of frontier and developed characteristics that make it potentially compelling," said Alison Graham, chief investment officer of New York-based frontier-markets investor Voltan Capital Management LLC. "It has a well-educated population, a large middle class, a substantial industrial base and has made progress in dismantling subsidies to get its macro house in order. At the same time, growth, valuations and potential investment upside are similar to frontier countries at a much earlier stage of development."

Americans Favor Deal With Iran by 2-1 (GARY LANGER, 3/30/15, WSJ)

Americans by a 2-1 margin favor an agreement with Iran over its nuclear development program, even while broadly questioning whether a deal would, in fact, prevent Tehran from producing nuclear weapons. [...]

In a result that supports the Obama administration's position in the face of Republican and Israeli criticisms alike, Americans by 59-31 percent back a plan to lift major economic sanctions against Iran in exchange for restrictions making it harder for it to produce nuclear weapons.

Posted by at March 30, 2015 8:45 PM
  

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