Iran and America have reached a deal.
Signed by President Trump at the Palace of Versailles last night.
For America, this is both a big climb down and a big gamble.
With few commitments from Iran upfront
and a bet that within enough financial incentives it can be lured in a new direction.
Will that payoff?
I'm Zanny Minton Beddoes, The Economist editor-in-chief.
Welcome back to The Insider.
With me to discuss all of this after what, three weeks of writing an essay,
is Ed Carr, my deputy.
Very nice to see you again, Ed.
It's nice to be back.
And also joining us in the studio is Nick Pelham, our Iran expert.
Very good to see you, Nick.
And good to be back.
And down the line, our two regional experts, stalwarts of covering this conflict with us,
Anshel Pfeffer from Jerusalem and Gregg Carlstrom in,
I think you're in Dubai right now, right, Gregg?
Very nice to see both of you too.
So peace deals signed in Versailles don't have a particularly august history.