As an opportunity to capture by the state and its associated special interests. And possibly get up to no good abroad. Iran is a large and sophisticated economy. About the same size in terms of population and income as turkey. An economy about 40 larger and 40 richer perperson roughly than egypt. It is much more than an oil economy or an oil state. Presanctions, it produced 1. 6 million cars. That is almost three times as many as italy produces today. Admittedly, italy is not a good example of efficiency. [laughter] i was working in italy when they were producing 2 million cars. 1975. Opening up iran has an effect on world trade and investment at a time when world trade is stuttering. The report says iran could attract the number could be much higher than that. Turkey attracted 13 billion in 2013 and turkey does not have huge oil reserves in need of technology and money to restart and expand. As for the effect on oil markets, the report stresses the biggest gain for the world economy.
There right here army says this taken full control of government from the kurds. This is out zero live from london also coming up in the program. Two more devastating attacks in afghanistan as mosques are targeted and sixty people are killed. Calls for cash withdrawals in catalonia separatists increase the pressure on spains banks and the government. And chinas president further consolidates power with his own political ideology the ping thought of what exactly is it. Iraqi forces have claimed control of the whole of province in Kurdish Peshmerga forces the army says they captured the final town elton capri which is situated near with the help of shia militias the u. S. Has called on the Iraqi Government to calm the situation in the army to limit its movements in disputed areas Stephanie Decker has more from the battle zone. A new front line opened early friday iraqi forces together would have still shabbier shia militias move towards peshmerga positions now to the kurdish its around t
In this event. I was going to add a special welcome to be here today. Michael who is the under secretary for defense policy. As some of you may know its great to see him back in town. So im going to say a few words before we let our experts loose. I want to say why this is important and why we are doing this. This is a big summer of exercises in europe. Nato will conduct a number of exercises as well. This is in response to russia that continues to be assertive in and around europe as well. It includes with military power. A recuring is a special interest to security community. You can tell us about growing capabilitie capabilities. It has given us clues to russias ability to rapidly mobilizing and integrating ground air and sea power. It has also given us a wind about the use of key capabilities including the yaus of Ballistic Missiles and nuclear weapons. This is important not only for us here in washington but also nato and other allied capitals for us to all keep an eye on. This pr
Here. Im magnus. Im the director of the initiative here at the Atlantic Council. Its great to see such a big crowd in july for this event. I also want to add a special welcome to our guests who have travelled far to be here today. Michael mickleson whos the chairman. And christian, who is the under secretary for defense policy at estonias ministry of defense. As some of you may know, christian served previously here at the embassy in washington so its great to see him back in town. So im just going to say a few words before we let our experts and representatives loss. This is important and why were doing this here at the Atlantic Council. So this is clearly a summer of or a big summer of exercises in europe. Two major nato exercises just wrapped up in Northern Europe. And nato also just completed a big exercise off the coast of ice lan. In the very near future, the focus will shift to the black sea region where nato will conduct a number of exercises as well. This is obviously all in r
Good morning, everyone and welcome to the Atlantic Council and to this event on implications for nato and the United States. I know its already getting muggy out there and were happy to share our ac with you in here. Im magnus nordegren and im the director of Transatlantic Initiative at the Atlantic Council and it is so great to see a big crowd for this event and i want to add a special welcome to our guests who have traveled far to be here today. Michael mickelson who is with the Foreign Relations committee and christian prick who is the undersecretary for defense policy at estonias ministry of defense. As some of you may know we served previously at the embassy in washington and its great to see him back in town. So im just going to say a few words before before we let our experts and leave the representatives loose, and i want to say a couple of things and why theyre important in the Atlantic Council. This is a big summer of exercises in europe. Two major nato exercises just wrapped