Skywatchtv Podcast

SkyWatchTV News 1/18/16: Iran, Oil, and American Banks

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Sinopsis

President Obama signed an Executive Order Saturday lifting sanctions against Iran, part of the nuclear deal agreed to last summer. The US and Iran also swapped a dozen prisoners, and the US will repay an outstanding debt with interest (about $1.7 billion). Iran is now free to ramp up oil production, which is bad news for American oil drillers and producers–and the banks that loaned them money.