As November draws to a close, there are two major events that could profoundly change the oil markets. With the clock ticking, the 5 permanent members of the UN Security Council plus Germany (P5 plus 1) are negotiating down to the wire with Iran over its nuclear program.
A colloquium sponsored by an Argentine business grouping, IDEA, that has been critical of the government of Cristina Fernandez, but in a framework of moderation and self containment, turned into a students' open assembly when a constitutional law professor gave a speech on the rule of the law, called on President Cristina Fernandez to show her law degree and described minister Hector Timerman as a 'traitor' of the essence of Judaism for having reached an agreement with Iran.
An Argentine Federal court on Thursday struck down the memorandum of understanding between Argentina and Iran to jointly investigate the deadly 1994 bombing of a Buenos Aires Jewish community center that local courts blamed on Teheran.
The agreement reached by the world powers with Iran regarding its nuclear plans could have a positive impact for Uruguay, (and the region) since the regime of Teheran has been for years a strong client of Uruguayan rice and other products.
Argentina expressed support for the agreement reached on Sunday in Genève by the world powers regarding Iran's nuclear program and also revealed it has been holding a round of talks in Teheran to advance with the implementation of the AMIA Memorandum of Understanding.
The United States secretary of state has said the deal reached on Sunday over Iran's nuclear program will make Israel and the Middle East a safer place. John Kerry was speaking after Iran agreed to curb some of its nuclear activities in return for about 7bn dollars in sanctions relief. However, Israel has described the agreement as a historic mistake.
Argentine President Cristina Fernández has instructed Ambassador Cecilia Nahón in Washington to formally ask the White House and the State Department to include the AMIA case in their meeting agenda with Iran.
Iran and Argentina have confirmed they will be meeting in November in Geneva to continue discussions on the Memorandum of Understanding to jointly probe the bombing of the AMIA Jewish community centre in Buenos Aires 19 years ago. The information was announced following two meetings held on Saturday between Foreign Minister Héctor Timerman and his Iranian counterpart Mohammad Javad Zarif at the UN headquarters in New York.
Argentine foreign minister Hector Timerman has confirmed that he will meet Iranian counterpart Javadi Zarif, in a talk designed to throw light on the current status of the AMIA agreement. The meeting coincides with the announcement that the six major powers and Iran have agreed to meet in Geneva next month for further talks on resolving the standoff with Tehran on its nuclear program.
President Cristina Fernandez during her speech to the UN General Assembly said she hoped that the new Government in Iran would cooperate with Argentina in relation to the clarification of the attack on the Asociación Mutual Israelita Argentina (AMIA) in Buenos Aires in 1994.