President Trump's Chance To Kill The Iran Nuclear Deal Is Running Out
When President Trump returns to Washington in the new year, one of the first moves he could make is killing the Iran Nuclear Deal. He will only have a few weeks before coming up against legal deadlines to impose sanctions against Tehran.
Eugene Scott, Political Reporter at The Washington Post, breaks down the deadlines the president faces. On the campaign trail, President Trump promised to undo what he called the "worst deal ever."
The Obama-era deal lifted U.S. and European sanctions on Iran in exchange for limits on Tehran’s nuclear program. Many lawmakers and foreign policy advisers to the president are trying to persuade President Trump not to kill the deal. However, he did not take those same policy advisers' advice when it came to moving the U.S. Embassy in Israel to Jerusalem.
Futures rebounded this morning in reaction to positive news from Merck that its covid-19 treatment pill is 50 percent effective at preventing hospitalizations and death. It comes after a rocky month on Wall Street, which saw all the major averages post their worst months in over a year. Chris Vecchio, Senior Analyst, at DailyFX joined Wake Up with Cheddar for more.
Makena Kelly, Politics reporter at The Verge, joined Cheddar News to break down Thursday's congressional testimony from Facebook's global head of security, as the company comes under fire for its plans to attract kids.
U.S. weekly jobless claims rose to 362,000 for the week ending September 25th, higher than the 335,000 economists had expected. This figure is also slightly higher than the 351,000 reported a week earlier. Louis Cordone, Senior Vice President of Data Strategy at AST joined Wake Up with Cheddar to discuss.
Former French President Nicolas Sarkozy has been found guilty of illegal campaign financing linked to his 2012 bid for reelection after $54 million was spent on fake invoices. Sarkozy was sentenced to one year in prison.