Zarif. Photo: John Thys/AFP via Getty Images

Iran's foreign minister, Mohammed Javad Zarif, is embarking on a tour of Europe, China and Russia in an effort to save the Iran nuclear deal, Reuters reports.

The bottom line: After the U.S. withdrew from the deal and announced forthcoming sanctions against companies and countries that do business with Iran, the Middle Eastern country must try to safeguard its trade relationships for the sake of its economy.

Yes, but: While China and Russia are well-positioned to evade U.S. sanctions, the European Union is not. If forced to choose between the $400 billion per year Iranian market and the $18 trillion per year U.S. market, Europe will pick the U.S.

Zarif's stops: He heads to Beijing today, then Russia, then Brussels to meet his counterparts from France, the U.K. and Germany.

Go deeper: The companies hit hardest by sanctions on Iran

Go deeper

43 mins ago - World

U.S. policy shift will allow taxpayer funding for projects in West Bank settlements

Friedman (L) with Netanyahu. Photo: Menahem Kahana/AFP via Getty Images

The U.S. and Israel will announce tomorrow that they are expanding three agreements on scientific cooperation to include Israeli settlements in the West Bank, Israeli and U.S. officials tell me.

Why it matters: This is a substantial policy shift for the U.S., which did not previously allow its taxpayers' money to be spent in the Israeli settlements.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Politics: Obama: Trump is "jealous of COVID's media coverage" Axios-Ipsos poll: Federal response has only gotten worse.
  2. Health: Hospitals face a crush — 13 states set single-day case records last week.
  3. Business: Winter threat spurs new surge of startup activity.
  4. Media: Pandemic causes TV providers to lose the most subscribers ever.
  5. States: Nearly two dozen Minnesota cases traced to three Trump campaign events.
  6. World: Putin mandates face masks.

McConnell: Confirming Amy Coney Barrett will help GOP retain Senate

Photo: Samuel Corum/Getty Images

Senate Majority Leader Mitch McConnell (R-Ky.) expressed no regrets about Judge Amy Coney Barrett's controversial confirmation, telling Politico in an interview that he believes the decision to place her on the Supreme Court just a week before the election will help Republicans retain the Senate.

Why it matters: With a week to go until Election Day, many Republicans are concerned that President Trump's unpopularity could cost them the Senate. McConnell has long viewed the transformation of the federal judiciary through the confirmation of young conservative judges as his defining legacy.

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