at once. so their bank accounts unfrozen. we have $100 billion of their oil money that has been frozen in banks. they would like all the trade restrictions stopped at once, but we obviously want to see them implementing the deal, doing what they say they were going to do before we start releasing this, and we don t want a flood of money going into iran and having iranian leaders use it to buy new arms they might be able to ship, for example, to hassad in syria whom they support. so that s what the sequence is all about. i think they ve reached a formula on their side. i think they ve got something that will stretch it out, that will tie the sanction relief to iranian implementation. to iranian good behavior. but the iranians are tough bargainers. i do expect a deal to be announced late tonight vienna
coming together that draft techs of the agreement are being studied in all of the capitals which of course means at the white house. and if that is agreeable to the leaders, to their experts this deal could be announced as early as overnight. this is not a definite deal yet. there are all sorts of advisories but some of the foreign press, including the german press have been told to be prepared as early as 2:00 a.m. vienna time. we are six hours ahead of you. i think that is earlier than many of the american officials would indicate but there are indications of movement. secretary carry isetretary kerry is back from his hotel and meeting right now with the european union leader. these meetings are continuing. they are all in that building and we don t know exactly when this deal is going to come together. but they are waiting for calls back and forth from their capitals and there could very