Home / Politics / Int’l lawyer urges credit agencies to evaluate Trump’s anti-JCPOA choice

Int’l lawyer urges credit agencies to evaluate Trump’s anti-JCPOA choice

“The 'Big Three' credit agencies (S&P, Moody's, and Fitch Group), which measure default probability, should consider downgrading US 'sovereign rating' if the Trump administration unduly kills the Iran Deal. This would reveal a serious systemic flaw in US political/legal order,” Reza Nasri said in a Twitter message released on Thursday.

Moody's Corporation, often referred to as Moody's, is an American business and financial services company. It is the holding company for Moody's Investors Service (MIS), an American credit rating agency, and Moody's Analytics (MA), an American provider of financial analysis software and services.

More than one hundred American political and military figures in a statement urged US President Donald Trump to stay in Iran nuclear deal.

The Standard & Poor's 500, often abbreviated as the S&P 500, or just the S&P, is an American stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ.

Fitch Ratings Inc. is one of the 'Big Three credit rating agencies', the other two being Moody's and Standard & Poor's.

“The Iran nuclear accord, assailed by President Trump and his revamped retinue of advisers, received a strong endorsement Monday from a bipartisan group of more than 100 national security veterans, who said the United States gains nothing by scrapping it,” said the statement signed by 118 people and released by The New York Times.

The US administration has done a great deal during the past year to kill Iran nuclear deal also known as Joint Comprehensive Plan of Action (JCPOA).

This is while, the International Atomic Energy Agency (IAEA) has already confirmed nine times Iran's commitment to the landmark July 2015 international deal.

'The Agency has been verifying and monitoring the implementation by Iran of its nuclear-related commitments under the Joint Comprehensive Plan of Action for more than two years,' said Yukiya Amano at the quarterly meeting of the agency's Board of Governors in Vienna.

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