Several posts ago, we ran this story: Iranians running short of cash I have been wondering why the Iranians have run short of cash for such an important project. After all $25 million per month is not much cash for Iran. Guess what? The Russians and Iranians have been playing a little charade for us. The Iranians are now using this coincidence in an interrupted supply chain to justify their own manufacture of nuclear fuel.
Russian delay shows there are no guarantees for nuclear fuel delivery: Larijani
Tehran Times Political Desk
TEHRAN – The fact that Russia has delayed delivering nuclear fuel for the Bushehr nuclear power plant shows that there is no guarantee for receiving nuclear fuel from other countries, Supreme National Security Council Secretary Ali Larijani said here on Tuesday.
The European Union has been claiming that it is ready to guarantee the selling of nuclear fuel to Iran if Tehran freezes its uranium enrichment program.
Russia, which is building Iran’s first nuclear power plant, has delayed delivering nuclear fuel for the station, claiming that Moscow has faced problems in receiving payment from the Islamic Republic.
“It is regrettable. The great Russian government should honor its pledges on time,” Larijani told reporters on the sidelines of a meeting with Iraqi Vice President Tareq al-Hashemi.
The five permanent members of the Security Council -- the United States, France, Britain, China, and Russia -- plus Germany are considering imposing new sanctions on Iran over its uranium enrichment activities.
The Security Council imposed a package of limited sanctions on Iran in December, barring the transfer of sensitive nuclear technology or expertise. It threatened further steps if Iran ignored the February 21 deadline to suspend enrichment.
Larijani said that if the 5+1 group members take hard-line actions against Iran, they will receive a firm response.
Taking tough measures will only make the Iranians more determined on insisting on their nuclear stance, he added.
“Such measures will make Iranians more unified,” he noted.
Larijani went on to say that Iran participated in the Baghdad conference on Saturday to help resolve the Iraqi security problems through regional cooperation.
“Iraq’s security and development is Iran’s security and development,” he added.
The Baghdad security conference brought together the five permanent members of the Security Council and Iraq’s neighbors to find a way to end the daily bloodshed in Iraq.
Ace asks a Very Good Question.ReplyDelete
Rufus , I would like to get your take on the sub-standard mtg. meltdown. If you would like to put a post together you could email it.ReplyDelete
Deuce, I appreciate the offer, but I'm Way "under-qualified" to opine seriously on that subject. Willie, and DR are much more qualified than I to write on mortgages.ReplyDelete
Deuce, my "Comment" would be that in my opinion we're sliding pretty rapidly into recession as a result of a too-high Fed Funds Rate cutting off borrowing by "Small" Businesses.ReplyDelete
I'm quite sure there's never been a time in history that we've had an inverted yield curve, and a FF Rate higher than the Nominal Rate of GDP Growth that we've not gone into recession within a few months.
This might all come together to make the SP kerfufle look larger than it is, but, in my opinion, it's just a matter of coincidence and not causation.
Interesting take on the Russians backing out of supplying the fuel. Certainly strengthens Irans claim to need to enrich its' own uranium, to fire their electrical plants.ReplyDelete
The Iranians need that electricity, everyone says their oil business is tanking, so it must be true.
Back in the Nixon era the US and GE were going to sell the Iranians 20 plus nuclear generators. If they needed them then, they certainly need them now, even more.
What with the oil drying up.
The Iranians are not prevented from developing nuclear power generation. Weaponization is the problem. There seems to be some confusion on that point.ReplyDelete
No one can "prove" they are developing a bomb, it is just suspected. A resonable suspicion but that's all.ReplyDelete
Why must one prove what the Iranians admit?ReplyDelete
I have yet to hear one admit it, or even read of one in Authority admitting it.ReplyDelete
They maintain complete denial, best as I can tell.
(they're going to eliminate Israel with a Bubble Gum Air-Burst)ReplyDelete
Abracadabra says it's so.