Negotiators between key global powers and the Islamic republic of Iran were not able to agree to a deal or the framework for an agreement by the November 24th deadline negotiators had set. While both sides agreed to an extension of discussions for an additional seven months a cloud of pessimism is forming over the negotiations. In the extension agreement Iran is gaining access to an additional $700 million in unfrozen assets each month while agreeing to limit its enrichment below 5%.