Iran is the only who will be smiling at the terms of this new Obama "deal" with Iran
Israel News - AP This is the agreement formulating with Iran - JerusalemOnline
Sources involved in the nuclear talks in Geneva report what the contours of the deal with Iran will look like. According to these outlines, strict restrictions will be imposed on uranium enrichment, while Iran will still be allowed to keep thousands of centrifuges. After a decade, many of the restrictions will be removed.
During the first phase - the initial ten years - Iran would be allowed to operate 6,500 centrifuges, a much higher number than that set by the United States as an initial target, at a low level and under the supervision of the International Atomic Energy Agency. Most of the enriched uranium produced by Iran will either be sent outside its borders or will need to go through a change of composition and will therefore be allowed to be kept. At the end of the decade Iran will be allowed to operate 3,500 additional centrifuges - a larger number than currently being operated.
Obama will immediately lift some of the economic sanctions on Iran through a presidential executive action. The remainder of the sanctions will be suspended but not completely removed, until Iran could prove that it is complying with the terms of the agreement. A number of additional, less significant, sanctions will remain in effect until the US Congress will act to remove them permanently.
Israel News - AP This is the agreement formulating with Iran - JerusalemOnline