Thursday 3, July ,2025 {HMC} Iran’s president on Wednesday ordered the country to suspend its cooperation with the International Atomic Energy Agency after American and Israeli airstrikes hit its most-important nuclear facilities, likely further limiting inspectors’ ability to track Tehran’s program that had been enriching uranium to near weapons-grade levels.

The order by President Masoud Pezeshkian included no timetables or details about what that suspension would entail. Iranian Foreign Minister Abbas Araghchi signaled in a CBS News interview that Tehran still would be willing to continue negotiations with the United States.

“I don’t think negotiations will restart as quickly as that,” Araghchi said, referring to U.S. President Donald Trump’s comments that talks could start as early as this week. However, he added: “The doors of diplomacy will never slam shut.”

Pressure tactic
Iran has limited IAEA inspections in the past as a pressure tactic in negotiating with the West — though as of right now Tehran has denied that there’s any immediate plans to resume talks with the United States that had been upended by the 12-day Iran-Israel war.

Iranian state television announced Pezeshkian’s order, which followed a law passed by Iran’s parliament to suspend that cooperation. The bill already received the approval of Iran’s constitutional watchdog, the Guardian Council, on Thursday, and likely the support of the country’s Supreme National Security Council, which Pezeshkian chairs.

“The government is mandated to immediately suspend all cooperation with the International Atomic Energy Agency under the Treaty on the Nonproliferation of Nuclear Weapons and its related Safeguards Agreement,” state television quoted the bill as saying. “This suspension will remain in effect until certain conditions are met, including the guaranteed security of nuclear facilities and scientists.”

It wasn’t immediately clear what that would mean for the Vienna-based IAEA, the United Nations’ nuclear watchdog. The agency long has monitored Iran’s nuclear program and said that it was waiting for an official communication from Iran on what the suspension meant.

A diplomat with knowledge of IAEA operations, who spoke on condition of anonymity to discuss the situation in Iran, said that IAEA inspectors were still there after the announcement and hadn’t been told by the government to leave.

Israel condemns the move

Iran’s decision drew an immediate condemnation from Israeli Foreign Minister Gideon Saar.

“Iran has just issued a scandalous announcement about suspending its cooperation with the IAEA,” he said in an X post. “This is a complete renunciation of all its international nuclear obligations and commitments.”

Saar urged European nations that were part of Iran’s 2015 nuclear deal to implement its so-called snapback clause. That would reimpose all U.N. sanctions on it originally lifted by Tehran’s nuclear deal with world powers, if one of its Western parties declares the Islamic Republic is out of compliance with it.

Israel is widely believed to be the only nuclear-armed state in the Middle East, and the IAEA doesn’t have access to its weapons-related facilities.

Tammy Bruce, a spokesperson for the U.S. State Department, separately said it was “unacceptable that Iran chose to suspend cooperation with the IAEA at a time when it has a window of opportunity to reverse course and choose a path of peace and prosperity.”

Iran’s decision stops short of experts’ worst fears

Iran’s move so far stops short of what experts feared the most. They had been concerned that Tehran, in response to the war, could decide to fully end its cooperation with the IAEA, abandon the Nuclear Nonproliferation Treaty and rush toward a bomb. That treaty has countries agree not to build or obtain nuclear weapons and allows the IAEA to conduct inspections to verify that countries correctly declared their programs.

Iran’s 2015 nuclear deal allowed Iran to enrich uranium to 3.67% — enough to fuel a nuclear power plant, but far below the threshold of 90% needed for weapons-grade uranium. It also drastically reduced Iran’s stockpile of uranium, limited its use of centrifuges and relied on the IAEA to oversee Tehran’s compliance through additional oversight. The IAEA served as the main assessor of Iran’s commitment to the deal.

But Trump, in his first term in 2018, unilaterally withdrew Washington from the accord, insisting it wasn’t tough enough and didn’t address Iran’s missile program or its support for militant groups in the wider Middle East. That set in motion years of tensions, including attacks at sea and on land.

Iran had been enriching up to 60%, a short, technical step away from weapons-grade levels. It also has enough of a stockpile to build multiple nuclear bombs, should it choose to do so. Iran has long insisted its nuclear program is for peaceful purposes, but the IAEA, Western intelligence agencies and others say Tehran had an organized weapons program up until 2003.

Suspension comes after Israel, US airstrikes
Israeli airstrikes, which began June 13, decimated the upper ranks of Iran’s powerful Revolutionary Guard and targeted its arsenal of ballistic missiles. The strikes also hit Iran’s nuclear sites, which Israel claimed put Tehran within reach of a nuclear weapon.

Iran has said the Israeli attacks killed 935 “Iranian citizens,” including 38 children and 102 women. However, Iran has a long history of offering lower death counts around unrest over political considerations.

The Washington-based Human Rights Activists group, which has provided detailed casualty figures from multiple rounds of unrest in Iran, has put the death toll at 1,190 people killed, including 436 civilians and 435 security force members. The attacks wounded another 4,475 people, the group said.

U.S. intelligence suggests the facilities were “completely obliterated” by the strikes, Pentagon spokesman Sean Parnell told reporters Wednesday in a briefing, repeating the Trump administration’s assertion.

He said the operation set back Iran’s nuclear program by up to two years.

“We destroyed the components they would need to build a bomb,” Parnell said. “We believe Iran’s nuclear capability has been severely degraded.”

Source AP

Thursday 3, July ,2025 {HMC} Kenya is planning to privatise some state assets via initial public offerings in order to bring in more private sector investment, President William Ruto said in remarks at the London Stock Exchange on Wednesday.

The government plans to start with listing the Kenya Pipeline Company via an IPO on the Nairobi Securities Exchange this year, Ruto said.

“We are committed to a structured, time-sensitive programme that identifies and prepares a robust pipeline of key government assets to be privatised through the stock exchange or improved through private sector participation,” he said.

Ruto also said that well-functioning domestic capital markets could reduce reliance on external debt.
Kenya has been seeking new sources of funding since deadly nationwide protests last summer forced it to pursue austerity measures and scrap planned tax hikes worth more than 346 billion Kenyan shillings ($2.68 billion).

Separately, at the Africa Debate event later on Wednesday, Ruto said that following shocks such as U.S. President Donald Trump’s elimination of USAID this year, Kenya is working to rely on its own resources, and private investments, rather than “resources that we do not have any control over.”

He cited plans to partner with the private sector to provide hospital equipment on a fee-per-use basis and said Kenya had raised $1.3 billion by securitising assets such as roads to raise funding.

“We are now going to be listing some of those bonds in the securities exchange so other investors can have a bite of the cherry,” he said.

Reporting by Libby George; editing by Karin Strohecker and Joe Bavier

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