The "Mar-A-Lago Accord" Is Now Underway

The global order is in chaos. And according to 40-year market veteran Dr. David Eifrig, the biggest controlled demolition of the old monetary order in history could now be here, too. That means if you don't take action today, your wealth could decline by 40%... (Yes, even your cash savings.)

A hungrier, poorer and more anxious Iran awaits 'snapback' of UN sanctions over its nuclear program

JON GAMBRELL and AMIR VAHDAT
September 27, 2025

DUBAI, United Arab Emirates (AP) -- As Iran's ailing economy braced Saturday for the reimposition of United Nations sanctions over its nuclear program, it is ordinary people who increasingly find themselves priced out of the food they need to survive and worried about their futures.

Iran's rial currency already sits at a record low, increasing pressure on food prices and making daily life that much more challenging. That includes meat, rice and other staples of the Iranian dinner table.

Meanwhile, people worry about a new round of fighting between Iran and Israel -- as well as potentially the United States -- as missile sites struck during the 12-day war in June now appear to be being rebuilt.

Activists fear a rising wave of repression within the Islamic Republic, which already has reportedly executed more people this year than in over the past three decades.

Sina, the father of a 12-year-old boy who spoke on condition that only his first name be used for fear of repercussions, said the country has never faced such a challenging time, even during the deprivations of the 1980s Iran-Iraq war and the decades of sanctions that came later.

"For as long as I can remember, we've been struggling with economic hardship, and every year it's worse than the last," Sina told The Associated Press. "For my generation, it's always either too late or too early -- our dreams are slipping away."

Iran sanctions set to 'snapback'

Early Sunday at 0000 GMT (8 p.m. Eastern) barring any last-minute diplomatic breakthrough, U.N. sanctions on Iran will be reimposed through "snapback," as the mechanism is called by the diplomats who negotiated it into Iran's 2015 nuclear deal with world powers. Snapback was designed to be veto-proof at the U.N. Security Council, meaning China and Russia cannot stop it alone, as they have other proposed actions against Tehran in the past.

The measure will again freeze Iranian assets abroad, halt arms deals with Tehran, and penalize any development of Iran's ballistic missile program, among other measures.

France, Germany and the United Kingdom triggered snapback over Iran further restricting monitoring of its nuclear program and the deadlock over its negotiations with the U.S.

Iran further withdrew from International Atomic Energy Association monitoring after Israel's war on the country in June, which also saw the U.S. strike nuclear sites in the Islamic Republic. Meanwhile, the country still maintains a stockpile of uranium enriched up to 60% purity -- a short, technical step away from weapons-grade levels of 90% -- that is largely enough to make several atomic bombs, should Tehran choose to rush toward weaponization.

Iran long has insisted its nuclear program is peaceful, though the West and IAEA say Tehran had an organized weapons program up until 2003.

Tehran has further argued the three European nations shouldn't be allowed to implement snapback, pointing in part to America unilaterally withdrawing from the accord in 2018 in the first administration of President Donald Trump.

"The Trump administration appears to think it has a stronger hand post-strikes, and it can wait for Iran to come back to the table," said Kelsey Davenport, a nuclear expert at the Washington-based Arms Control Association. "Given the knowledge Iran has, given the materials that remain in Iran, that's a very dangerous assumption."

Risks also remain for Iran as well, she added: "In the short term, kicking out the IAEA increases the risk of miscalculation. The U.S. or Israel could use the lack of inspections as a pretext for further strikes."

Hunger and anxiety grow in Iran

The aftermath of the June war drove up food prices in Iran, putting already expensive meat out of reach for poorer families.

Iran's government put overall annual inflation at 34.5% in June, and its Statistical Center reported that the cost of essential food items rose over 50% over same period. But even that doesn't reflect what people see at shops. Pinto beans tripled in price in a year, while butter nearly doubled. Rice, a staple, rose more than 80% on average, hitting 100% for premium varieties. Whole chicken is up 26%, while beer and lamb are up 9%.

"Every day I see new higher prices for cheese, milk and butter," said Sima Taghavi, a mother of two, at a Tehran grocery. "I cannot omit them like fruits and meat from my grocery list because my kids are too young to be deprived."

The pressure over food and fears about the war resuming have seen more patients heading to psychologists since June, local media in Iran have reported.

"The psychological pressure from the 12-day war on the one hand, and runaway inflation and price hikes on the other, has left society exhausted and unmotivated," Dr. Sima Ferdowsi, a clinical psychologist and professor at Shahid Beheshti University, told the Hamshahri newspaper in an interview published in July.

"If the economic situation continues like this, it will have serious social and moral consequences," she warned, with the newspaper noting "people may do things they would never think of doing in normal circumstances to survive."

Executions surge in 2025

Iran has faced multiple nationwide protests in recent years, fueled by anger over the economy, demands for women's rights and calls for the country's theocracy to change. The most recent came in 2022 over the death of Mahsa Amini, a young woman who died after being detained by police allegedly for not wearing her hijab, or headscarf, to their liking.

In response to those protests and the June war, Iran has been putting prisoners to death at a pace unseen since 1988, when it executed thousands at the end of the Iran-Iraq war. The Oslo-based group Iran Human Rights and the Washington-based Abdorrahman Boroumand Center for Human Rights in Iran put the number of people executed in 2025 at over 1,000, noting the number could be higher as Iran does not report on each execution.

"Political and civic space in Iran has shrunk to nothing, and outside Iran, civil society activists and dissidents face transnational repression," the center warned. "The Iranian people, millions of whom aspire to more than a closed and brutal theocracy, have tried every option within their reach. Their leaders have not."

___

Vahdat reported from Tehran, Iran. Associated Press writer Nasser Karimi in Tehran contributed to this report. ___

The Associated Press receives support for nuclear security coverage from the Carnegie Corporation of New York and Outrider Foundation. The AP is solely responsible for all content.

___

Additional AP coverage of the nuclear landscape: https://apnews.com/projects/the-new-nuclear-landscape/

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