We’ve now got the full text of the U.S.-Iran peace deal—and allies are appalled at the gains it hands to Iran

Good morning. On Fortune’s radar today:

• We’ve now got the full text of the U.S.-Iran peace deal.
• Allies are glad the war is over but appalled at the gains it hands to Iran.
• Markets threw a fit over Kevin Warsh’s first appearance as Fed chief.
• Europe’s Most Innovative Companies: See the definitive list here.
• Elon Musk may have accidentally chosen the future prime minister of Britain.
• Delinquent U.S. credit card debt is “back in line with the Global Financial Crisis peak,” Goldman Sachs warns.
• There’s a specific financial reason why Hollywood is full of British people.
• [Fortune 500 Digest will take a day off on Friday and resume on Monday.]

This story was originally featured on Fortune.com