Despite the hype about a potential meeting on the sidelines of the United Nations between US President Donald Trump and his Iranian counterpart Hassan Rouhani, the tete-a-tete never took place after Mr Rouhani apparently refused to take Mr Trump’s call.
However, the US and other interested parties should not be fooled by Iran playing hardball. Behind the obstinacy, rhetoric and belligerence, most notably last month's attacks on Saudi Arabia's oil facilities, is a regime in serious trouble.
The US policy of "maximum pressure" should continue, for no other reason than because it works. However, in order to be more effective, the Trump administration needs to take a page out of the Barack Obama playbook by getting other countries on board, especially China and the Europeans.
Although not expressed in such terms now, maximum pressure was essentially the Iran policy of the Obama administration. From 2012 onwards, the White House managed to lead a crippling international sanctions campaign in response to Tehran’s drive towards nuclearisation. As a result, Iran experienced high levels of inflation, unemployment, severe trade restrictions and exclusion from international financial transactions. Not only was the Iranian economy crashing but the country was internationally isolated and there were increasing stirrings of domestic unrest.
With the nuclear deal, all Iran had to do was stop spinning a few centrifuges and all of a sudden it was in from the cold and able to continue financing proxies and fermenting regional instability
Although not constituting regime change, these conditions did lead to a change of government, with reformist Mr Rouhani defeating hardliners in Iran’s 2013 presidential elections by an overwhelming majority. Still, Washington and her allies maintained pressure and two years later, when the five permanent members of the UN Security Council – the US, Russia, China, France, UK – plus Germany, were negotiating the details of what resulted in the 2015 nuclear deal, Tehran was facing the harsh reality that it could not fund its international proxies, maintain its presence in Syria and also have an unrestricted nuclear programme.
The tragedy of Mr Obama’s Iran policy was that it squandered the success of its maximum pressure policy for what turned out to be a worthless deal. The deal did not include restrictions on missiles or Iran’s support for the Assad regime in Syria, terrorist groups and proxy militias. It also contained a sunset provision that allowed Iran to increase its uranium enrichment after 10 years.
Then US secretary of state John Kerry and his undersecretary and chief negotiator Wendy Sherman did not quite grasp the extent to which the sanctions were working. With its coffers empty and on the verge of collapse, the regime would probably not have survived without a deal. But with it in place, all Tehran had to do was stop spinning a few centrifuges and all of a sudden, it was in from the cold and able to continue financing proxies and fermenting regional instability. It could also hold westerners hostage and lock them away in its notorious Evin prison, Iran’s modern-day Chateau d’If fortress, with impunity.
Since Mr Trump withdrew from the nuclear deal in May last year and instigated his maximum pressure policy, Iran's economy is once again facing collapse. According to the International Monetary Fund, by the end of this year the economy will retract by a massive 6 per cent while inflation currently stands at 37.2 per cent. Meanwhile unemployment has crept back up to 12.2 per cent and looks set to rise. To make matters worse, unlike the post-2012 period, when oil prices were between $90 and $100 a barrel, today the cost of crude hovers between $50 and $60. This is terrible for Iran, whose energy reserves fuel its economy. In short, the economic outlook is catastrophic.
Iran also faces significant internal discord. Throughout 2017 and 2018, Iranians took to the streets in dozens of cities to protest corruption, bad governance, gender inequality, expensive foreign entanglements and even the regime itself.
However, in order to truly exert maximum pressure, Mr Trump needs to find some kind of accord with China towards Iran. This should be a matter for discussion when US-Chinese trade talks resume next week. China recently signed a $400 million investment deal in Iran’s oil, gas, transport and petrochemical infrastructure. In return, Beijing receives steady supplies of oil paid for in its own currency. If Tehran loses this vital lifeline, it will have no choice but to make major concessions.
In the meantime, Washington needs to capitalise on growing European frustration with Iran. Europe is angered by Tehran’s incremental breaches of the nuclear deal through additional levels of nuclear enrichment. Last week British Prime Minister Boris Johnson even called for a new nuclear deal, noting that there were “many defects” in the existing one. Mr Trump also needs to be patient; time is on his side but it is not on Tehran’s.
If he really wants to get a better nuclear deal than his predecessor, Mr Trump needs to seek additional international support and stick to his guns. This will give him more leverage in future talks to make a deal actually worth signing.
Dr Simon Waldman is an associate fellow at the Henry Jackson Society and a visiting research fellow at King's College London
MATCH INFO
Inter Milan 2 (Vecino 65', Barella 83')
Verona 1 (Verre 19' pen)
Our legal columnist
Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
The National in Davos
We are bringing you the inside story from the World Economic Forum's Annual Meeting in Davos, a gathering of hundreds of world leaders, top executives and billionaires.
MATCH INFO
Karnatake Tuskers 114-1 (10 ovs)
Charles 57, Amla 47
Bangla Tigers 117-5 (8.5 ovs)
Fletcher 40, Moores 28 no, Lamichhane 2-9
Bangla Tiger win by five wickets
MATCH INFO
Uefa Champions League semi-final, second leg result:
Ajax 2-3 Tottenham
Tottenham advance on away goals rule after tie ends 3-3 on aggregate
Final: June 1, Madrid
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Ticket prices
General admission Dh295 (under-three free)
Buy a four-person Family & Friends ticket and pay for only three tickets, so the fourth family member is free
Buy tickets at: wbworldabudhabi.com/en/tickets
Reading List
Practitioners of mindful eating recommend the following books to get you started:
Savor: Mindful Eating, Mindful Life by Thich Nhat Hanh and Dr Lilian Cheung
How to Eat by Thich Nhat Hanh
The Mindful Diet by Dr Ruth Wolever
Mindful Eating by Dr Jan Bays
How to Raise a Mindful Eaterby Maryann Jacobsen
The five pillars of Islam
The biog
Name: Salvador Toriano Jr
Age: 59
From: Laguna, The Philippines
Favourite dish: Seabass or Fish and Chips
Hobbies: When he’s not in the restaurant, he still likes to cook, along with walking and meeting up with friends.
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Laura Shapiro
Fourth Estate
'Avengers: Infinity War'
Dir: The Russo Brothers
Starring: Chris Evans, Chris Pratt, Tom Holland, Robert Downey Junior, Scarlett Johansson, Elizabeth Olsen
Four stars
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Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more
Trolls World Tour
Directed by: Walt Dohrn, David Smith
Starring: Anna Kendrick, Justin Timberlake
Rating: 4 stars
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Background: Chemical Weapons
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Total eligible population
About 57.5 million people
51.1 million received a jab
6.4 million have not
Where are the unvaccinated?
England 11%
Scotland 9%
Wales 10%
Northern Ireland 14%
The biog
Favourite books: 'Ruth Bader Ginsburg: A Life' by Jane D. Mathews and ‘The Moment of Lift’ by Melinda Gates
Favourite travel destination: Greece, a blend of ancient history and captivating nature. It always has given me a sense of joy, endless possibilities, positive energy and wonderful people that make you feel at home.
Favourite pastime: travelling and experiencing different cultures across the globe.
Favourite quote: “In the future, there will be no female leaders. There will just be leaders” - Sheryl Sandberg, COO of Facebook.
Favourite Movie: Mona Lisa Smile
Favourite Author: Kahlil Gibran
Favourite Artist: Meryl Streep
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Adrian Mannarino (FRA) Novak Djokovic (SRB)
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RACE CARD
5pm: Handicap (PA) Dh70,000 1,400m
5.30pm: Handicap (TB) Dh70,000 1,000m
6pm: Maiden (PA) Dh70,000 2,000m
6.30pm: Handicap (PA) Dh70,000 2,000m
7pm: Maiden (PA) Dh70,000 1,600m
7.30pm: Al Ain Mile Group 3 (PA) Dh350,000 1,600m
8pm: Handicap (PA) Dh70,000 1,600m
Amith's selections:
5pm: AF Sail
5.30pm: Dahawi
6pm: Taajer
6.30pm: Pharitz Oubai
7pm: Winked
7.30pm: Shahm
8pm: Raniah
What is a Ponzi scheme?
A fraudulent investment operation where the scammer provides fake reports and generates returns for old investors through money paid by new investors, rather than through ligitimate business activities.
Company Profile
Founders: Tamara Hachem and Yazid Erman
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Launched: September 2019
Sector: health technology
Stage: seed
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Company%20Profile
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March 4-8: First Test, Rawalpindi
March 12-16: Second Test, Karachi
March 21-25: Third Test, Lahore
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March 31: Second ODI, Rawalpindi
April 2: Third ODI, Rawalpindi
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What is myofascial pain syndrome?
Myofascial pain syndrome refers to pain and inflammation in the body’s soft tissue. MPS is a chronic condition that affects the fascia (connective tissue that covers the muscles, which develops knots, also known as trigger points).
What are trigger points?
Trigger points are irritable knots in the soft tissue that covers muscle tissue. Through injury or overuse, muscle fibres contract as a reactive and protective measure, creating tension in the form of hard and, palpable nodules. Overuse and sustained posture are the main culprits in developing trigger points.
What is myofascial or trigger-point release?
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More on Quran memorisation:
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FIXTURES
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Company profile
Name: GiftBag.ae
Based: Dubai
Founded: 2011
Number of employees: 4
Sector: E-commerce
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SPECS
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Killing of Qassem Suleimani