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This month's agreements on the Greek crisis and Iran's nuclear program are undoubtedly important achievements.With Iran, the immediate threat of an ISIS advance proved more frightening than the medium-term prospect of a nuclear-armed Iran.Neither resolved the issue at hand; both simply bought time – time to figure out whether Greece really can remain in the eurozone, and time without Iran in the nuclear club.Here is where the Greek and Iranian negotiations diverge.Whereas Greece, the weaker party in its negotiations, was unnecessarily humiliated by its European partners, Iran, also the weaker party in its negotiations, was given new legitimacy by its adversaries in the West.Perhaps the most important difference between the two deals is that Greece's fate, though relevant to the world economy, mostly concerns Europe, whereas the accord with Iran has far-reaching consequences, from the balance of power in the Middle East to global nuclear non-proliferation.
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