Market
What will be the impact of 'snap back' sanctions on Iran's economy by December 31, 2025?
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Resolution / Starting Odds
Significant economic decline • 25%
Moderate economic impact • 25%
Minimal economic impact • 25%
Economic growth • 25%
Economic reports or analyses from credible financial institutions or organizations
Story
Britain, France, and Germany Ready to Trigger 'Snap Back' Sanctions on Iran Following December 6 Letter to UN
Dec 11, 2024, 11:33 PM
Britain, France, and Germany have informed the United Nations Security Council of their readiness to activate a 'snap back' mechanism to reinstate all international sanctions on Iran. This action aims to prevent Iran from acquiring a nuclear weapon. The announcement was made in a letter dated December 6, where the three European nations emphasized the need for Iran to reduce its nuclear activities and create a conducive political environment for effective negotiations. The decision reflects the ongoing concerns regarding Iran's nuclear ambitions and the potential implications for regional and global security.
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No significant change • 25%
Negative impact • 25%
Moderate growth • 25%
Significant growth • 25%
Nuclear weapon development • 25%
Other • 25%
Political instability • 25%
Non-compliance with existing agreements • 25%
Increased tensions • 25%
Improved diplomatic relations • 25%
No significant change • 25%
Other • 25%
Yes • 50%
No • 50%
