Negotiations continue between Iran and the IAEA Regarding Iran’s Nuclear Agenda
Iran and the International Atomic Energy Agency (IAEA) met earlier this week to discuss Iran’s nuclear agenda. Meetings will resume on the 21st as UN nuclear watchdog hopes to make some headway in getting inspections of Parchin Military site where it is believed that explosive nuclear testing has occurred. IAEA’s goal is to gain headway on the 4-years of stall tactics by Iran against UN inspectors.
Iran Denies Having An Illegal Nuclear Agenda, Claims Uranium Refinement is For Civilian Nuclear Reactors
Iran denies having an illicit nuclear agenda, but has been refining uranium, which is a key component to a nuclear bomb. Iran claims that their uranium refinement is for the sole purpose of a future network of civilian nuclear power stations and a medical isotope reactor. While it is true that Uranium refined to low levels can power a nuclear power plant, the UN nuclear watchdog fears that Iran has a greater agenda of refining its uranium to 90% which would make it capable to power a nuclear weapon. Iran has also been accused of building a large containment vessel over a decade go, which is a strong indicator that they have been conducting high explosive tests, making it likely that their intention is weapon development. Many of the nuclear powers believe that Iran is stalling trying to clean up Parchin Military site before they were to allow inspections.
Israeli President Claims Iran Is Stalling Trying To Gain Headway On Nuclear Agenda
President Benjamin Netanyahu claims: “It looks as though they see the talks as another opportunity to delay and deceive,” he told reporters in Prague. “Iran is very good in playing this kind of chess game.” Currently Israel is the only Middle East Country thought to have possession of nuclear weapons. Their fear is that if Iran gets their hands on a nuclear weapon it could pose a mortal threat to Israel and its allies.
How Will The Middle East Powder Keg Affect The Global Economy?
With tensions between Iran and Israel mounting, Middle East political affairs are looking rather uncertain. Israeli leader Netanyahu feels a preemptive strike against Iranian nuclear facilities could help “unclothe the emperor”. He feels that this may actually embolden the Iranian people to overthrow the regime and doesn’t think it will instigate an all out war. If Israel makes good on their threat of a preemptive strike, what’s to stand in the way of all out war, pulling in Iran, Israel, the US and other UN forces?
In the face of potential military involvement in Iran and Israel how will this effect the economic situation here in the US? To ensure the safety of your assets and to make sure you are properly invested given today’s political and economical environment it would be an excellent time to examine your portfolio to make sure you are properly positioned.
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http://latestnews.thefiscaltimes.com/2012/05/18/iran-may-seek-tactical-gain-with-u-n-nuclear-deal/
http://www.bloomberg.com/news/2012-03-19/israelis-grow-confident-strike-on-iran-s-nukes-can-work.html



