IRAN DEAL IS IMPLEMENTED: World powers relieved sanctions on Iran after international monitors concluded the first phase of their nuclear deal complete, marking the formal commencement of the accord, foreign ministers declared in Vienna on Saturday,16 Jan. 2016. Implementation of the nuclear deal reached between world powers and Iran last summer marks Tehran's reentry into the global marketplace. Iran will now have full and immediate access to tens of billions of dollars in unfrozen assets, a surge in business opportunities, and will be reconnected to the Society for the Worldwide Interbank Financial Telecommunications, or SWIFT, the world's largest financial transactions network. USA sanctions unrelated to the nuclear file -targeting Iran's human rights abuses and its facilitation of terrorism worldwide - will reportedly remain in place. (Jerusalem Post)