Bloomberg Businessweek (North America)

With some sanctions on Iran lifted, is its stock market the Next Big Thing?

- Ladane Nasseri, Samuel Potter, and Golnar Motevalli

With internatio­nal sanctions lifted, one of the world’s hardest-toenter stock markets will be more accessible, if not exactly open.

before she was able to persuade him to slash his U. S. drilling program by 90 percent. Then she and her team spent another month of long days talking the company through layoffs and spending cuts that reduced its budget by 40 percent. “We weren’t threatenin­g—we were just continuall­y, ‘ Yes, but what if?’ ” says Roof. Without the painful steps she says she had them take, “they would’ve run out of cash by now.” �David Wethe

The bottom line As oil prices touch 12-year lows, turnaround experts are helping companies sell off assets and cut their workforces.

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