Iran has all the cards as talks begin

The negotiators from Tehran gathering in Switzerland for the beginning of talks with the US to forge an overall long-term deal will be super-confident that they hold the cards. This is because the main card in Donald Trump's hands is the bombing card but he doesn't really have that anymore because if he starts bombing again, the whole deal will crash and we will be back to square one. Whereas Iran has the Strait of Hormuz card, which will remain its best leverage for ever. Also, the Iranian foreign minister, Abbas Araghchi, one of the two main negotiators, has all the wealth of experience of negotiating on behalf of Tehran for the nuclear deal agreed under the Obam administrion in 2015. He knows his nukes much much better than any of the American negotiators. He has all the technical stuff in his head. His fellow negotiator, Mohammad Bagher Ghalibaf, the speaker of the Iranian parliament and a former commander of the Islamic Revolutionary Guard Corps. knows his onions, too, and won't conceded anything which might weaken the power of the IRGC. So, JD Vance who seems to spend more time writing books than performing as vice president, and the other two negotiators, Steve Whitkoff, Trump's business buddy, and Jared Kushner, the president's son-in-law, know more about business ventures and property than the intricacies of diplomacy. All in all, these talks in Switzerland are going to cement in all the goodies already promised in the memorandum of understanding - sanctions relief, unfreezing of Iranian funds and the $300 billion reconstruction fund - while failing probably to get a fullproof nuclear deal. PLEASE BUY AGENT REDRUTH, MY NEW SPY THRILLER. AMAZON, WATERSTONES, ROWANVALE BOOKS.

The Lebanon question is going to ruin the Iran deal

The Lebanon issue is striking back. Iran has been very clever. By insisting that Israel's war with Hezbollah in Lebanon has to be linked inextricably with the Trump/Iran deal, it means every time there is violence in Lebanon, the Iranians take revenge, by closing the Strait of Hormuz again - like they have today - or refusing to start discussions in the 60-day phase of the negotiations to conclude a final settlement. This puts all the emphasis on Israel to stop bombing Hezbollah. But if Hezbollah attacks Israel, Israel will attack Hezbollah, Benjamin Netanyahu has made that clear. So it goes on. The Trump/Iran deal is so fragile, it could collapse any day. But the clever thing is that Iran can then blame Israel, when in fact it's just as much Iran's fault because the mullahs have failed to rein in Hezbollah. But Trump will be so angry he will also blame Israel. Yes, the leaders of the Iranian regime have been very clever. They have outsmarted everyone.

Trump battles to persuade his critics that the Iran deal is good

Republican heavyweights, newspaper columnists and broadcasters have all given the thumbs down to Donald Trump's deal with Iran. Israel hates it. The Gulf states don't like it, Western leaders praised Trump when they met him for the G7 meeting but they probably didn't mean it. They praised him because they were desperate to get back on side with him and keep him happy. So, Trump has a helluva battle on his hands to try and prove to the world that he has engineered the best possible deal with the regime in Tehran. The only way, it seems, he can do that is by making the next 60 days the toughest of all for Tehran so that when all the details have been agreed on the Strait of Hormuz, sanctions-lifting and the nuclear question, Tehran will be seen to have taken its medicine and the US can claim to have won the arguments. That, unfortunately, looks pretty unlikely. There is already so much that is good for Tehran in the Memorandum of Understanding, now signed by Trump, that the future detailed agreement may go their way as well. For Trump, he has to show that his negotiating style will get there in the end, and in 60 days' time, the world will feel a safer place. Good luck with that.

Tons of money for Iran if the peace deal is honoured

All the details of the Memorandum of Understanding between Iran and the US are now published, and it shows beyond question that if the Tehran regime behaves itself and adheres to the terms of the agreement, Iran will be flooded with money: a $300 billion investment fund for reconstruction, paid for mostly by Arab states in the Gulf, an unfreezing of £24 billion which had been held in European banks, mostly in Belgium for some reason, and a huge amount of revenue from the sale of oil to anyone who wants it, mostly China, with all sanctions lifted. It's a bonanza for Iran. Their negotiators have done well. As for the Strait of Hormuz, Iran has agreed there will be no tolls or fees for the next 60 days during the next stage of negotiations. But after that Iran and Oman will hold talks about the "management" of the strait for the safe passing of ships through the chokehold. What on earth does that mean? Is there a chance Iran and Oman will be allowed to charge some sort of admin fee in future? If so, that woulld be totally against what Trump and co have been saying ever since the war with Iran began. It would also be counter to international maritime law. Once again, the Iranian negotiators have done exceptionally well to get that sentence into the MoU. Trump will need to do a lot of explaining to the world's shipping companies. Insurance premiums will go up, the cost of oil will be affected and Iran will get richer. The nuke issue will have to be dealt with in the next 60 days as well, not enough time I would have thought to nail down the detail that will have to be negotiated to prevent Iran from ever getting a nuclear weapon.

The US/Iran memorandum of understanding is paper-thin

First of all, the MoU between Washington nand Tehran was said to be two pages. Now, apparently, it's only a page and a half. Probably the most accurate description of the MoU which is supposed to end the war between the US/Israel and Iran has been provided by the US vice president, JD Vance. He said the clauses in the MoU were all general. The specifica details will have to be bashed out in the next 60 days. Actually, I doubt all the details will be sorted in juty 60 days. The nuclear issue alone took two years to resolve under the previous agrement during the Obama administration, and the wording was immensely complicated. This sort of deal is not going to be negotiated by a couple of Trump friends. It will need the US's finest nuclear brains. So the MoU to be signed in Switzerland by JD Vance on Friday is so paper-thin that, on reading, it might seems as if it is too broad-brush to have any true meaning. However, if the signing goes ahead as planned, then it's better than a resumption of war. Generalities allow for too many interpretations but there will still be some form of broad agreement on the following matters: the reopening of the Strait of Hormuz, the lifting of the US naval blockade and an agreement on both sides to discuss all the detail over the next 60 days. Key to this will be the Strait of Hormuz. Iran is still saying it will charge administrative fees - ie tolls under a different name. Trump is not going to allow this. But you can bet there is going to be some form of language eventually which will make the Strait of Hormuz less free than it has always been. Tehran enjoyed having the power to close the strait and then impose payments on shipping companies and the regime is unlikely ever to agree to give up that entitlement unless it gets something pretty massive in return, like a lifting of ALL international sanctions over a short period. So far, nearly all commentators have rubbished the deal before it has even been made public. I suspect, and hope, that there will be enough meat in the few paragraphs to lay the foundations for a better relationship between the US and Tehran, and a settlement that can get the global economy back working properly again.

Who has lost most from the war with Iran? The Iranian people

President Trump promised the Iranian people before he launched attacks on Iran: "We're coming to help you." This was after the appalling slaughter on the streets of Tehran and other cities in Iran when protesters came out to show their anger at the rising cost of living and lack of opportunities for young people. Seven thousand or more were killed by Iranian security police who used machineguns to quell the protests. Nothing has changed even after the declaration by Trump that a deal has been signed with Tehran. The Iranian people will still have to live and suffer under an extremist regime which cares nothing for their well-being, only theior retention of power and a share-out of the country's wealth among themselves. The bombs may have stopped falling, but several thousand civilians died during the war and rhe prospects for a happy, prosperous future are zero. Indeed, when the Tehran regime starts to renege on the so-called peace deal after the 60-day ceasefire has come to an end, the war could be restarted. Tehran has made it absolutely clear they plan to impose tolls on shipping in the future which will mean more money for the rulers and the Islamic Revolutionary Guard Corps and higher oil prices. There are other losers from the war: all the Gulf states were targeted by Iranian missiles and drones. Their previous wealth and stability, attractive ingredients for westerners and tourists who want to enjoy the heat and luxury lifestyle, have been damaged for ever. Tousism has already fallen catastrophically and fewer westerners will want to live in any of the Gulf states. The word "peace" in the memorandum of understanding signed by the US and Iran will be seen by many in the region as a false hope.

Is Keir Starmer facing his last few weeks as British prime minister?

I could say poor Keir Starmer. He won a huge majority for the Labour Party, annihilated the Conservatives who had enjoyed years of total chaos, and promised voters he would not raise income tax. Now, here we are, nearly two years later, and the Labour government under Starmer is also facing political chaos. Starmer promised to spend much more on defence in the light of Russia's increasing aggression towards Europe, and maybe particularly towards the UK, and yet he has failed to find the money to fulfil his promise. The welfare state handouts have gone way over the top, there are a million young people who have never had a job and have no money or prospects and have to live with their parents because they can't afford a home of their own, and, worse for Starmer, many of his cabinet colleagues are fed up with him. Now, this coming week, he will know for sure whether Andy Burnham, a would-be leader of the Labour party currently Greater Manchester mayor, is standing for parliament again so that he can challeng Starmer, beat him and any other contenders, and enter Number Ten as the next prime minister. Andy who, most people in the rest of the world will be saying. Well, he was a minister in a previous government and seemed ok but when he went for the top job he lost to Starmer which is why he gave up parliament and hoofed off to Manchester. He is standing for Makerfield near Manchester in a by-election and if he wins, Starmer will be in trouble. The truth is that whether Burnham or Starmer is the prime minister by the end of it all, it will make very little difference. There will still be no extra money for defence, there will still be a million young people unemployed and nothing much will change. Starmer seems a decent bloke doing his best which isn't good enough, and Burnham is a decent bloke who will try to do his best but it won't solve Britain's economic problems unless he throws away all the Labour promises published in their manifesto at the last election and announces a rise in income tax across the board and a huge tax boost for business which will force them to recruit more people, preferably out of the million young unemployed, and hang on to all the employees they currently have and stop sacking them all in favour of AI. I will end the way I began, poor Keir Starmer.