Security Council receives latest Iran resolution

The five permanent members of the UN Security Council reached a deal Friday on a resolution that would give Iran until the end of August to suspend uranium enrichment or face the threat of economic and diplomatic sanctions.

The latest draft is weaker than an initial proposal from Britain, France and Germany, with US backing. While the earlier version would have made the sanctions threat immediate if Iran did not comply, the latest draft would essentially give Iran another chance later on to come around. (AP)