@ces921 Iran is not giving away the strongest card they have in a zero trust situation. Full opening will come last, but they will allow passage for fees (already started). That may also persist longer term as an indirect way for them to receive sort of 'war reparations'.
@MartinSonneborn Als Auslandsdeutscher habe ich diesmal den gefalteten Zettel erst nach der Wahl erhalten. Daher bestreite ich jegliche Verantwortung für alles.
@MartinSonneborn Wenn es so weit käme: Reza Pahlavi, der Sohn of des letzten Shah's, hat glücklicherweise bereits klar gemacht er an einem neuen politischen Job interessiert wäre und er wäre der perfekte Ersatz für Frau vdL.
@PeterRB1965@ilangoldenberg He has in the past proven that he can easily sell a loss as a win to his hardcore supporters (remember China tariffs). One would hope he can do that here as well. The problem is that Iran needs to play along at some point, because he can't sell a continued Hormuz closure.
@sidprabhu I ran that 1996 advisory through Gemini, and according to it this was only applicable because back then those bonds had USAID loan guarantee, i.e. federally backed bonds. But not applicable to currently issued bonds.