Friday Headlines

Iran May Already Have Violated Nuclear Deal
The International Atomic Energy Agency expressed concern about recent construction at the Iranian military facility at Parchin that could interfere with its efforts to inspect the facility for nuclear research believed to have occurred there, according to an agency report obtained by Reuters news.

The report covers Iranian activity from before the signing of the long-term nuclear agreement between Iran and six world powers in July.

“Since (our) previous report (in May), at a particular location at the Parchin site, the agency has continued to observe, through satellite imagery, the presence of vehicles, equipment, and probable construction materials. In addition, a small extension to an existing building” appeared to have been built, says the quoted report.

The IAEA already has asked members states to contribute almost $11 million so it can carry out its monitoring responsibilities.

Does The US Have The Stomach For A Long War With ISIS?
Two senior military officials have asserted that to win a war against ISIS will involve a commitment by the US which could last as long as 20 years. Dan de Luce of Foreign Policy magazine writes that politicians in both political parties fear the ramifications if they acknowledge that the war could drag on and do not want to address the difficult decisions they face about the logistics and the cost of ordering troops into combat.

“Despite the marked lack of progress, there are no heated policy debates inside the White House now about how to conduct the war against the Islamic State,” administration officials and military officers told Luce, who noted there are no plans to reassess current strategy.

While the administration’s reluctance to engage is well-known, the Defense Department’s inspector general is investigating allegations that intelligence assessments may have been improperly used or revised.

Unlocking Development Dollars For Africa
Yana Watson Kakar, global managing partner of the Dalberg Group, and his colleagues, Matthew MacDevette and James Mwangi is executive director of the Dalberg Group, have released a new report which examines a novel notion – decrease the reliance of developing nations on international donors by using the natural resource revenues, private domestic savings, pension funds, private equity markets, and remittances to allow those nations to finance their own development projects.

“As a conservative estimate, at least 20-30% of the $2.6 trillion funding gap ($520 – $780 billion) will be needed in Africa alone. This is a massive amount, but Dalberg estimates show that sub-Saharan Africa can get part of the way there and unlock approximately $90 billion for development per year with just four actions: lowering the cost of remittances, securitizing them, banking more of the unbanked, and unlocking pension funds for investment in private equity,” the authors determined.

If undertaken together, they assert, these four actions would produce a cycle in which each component stimulates the next to generate additional development gains.

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