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Sunday, February 12, 2012
News Making Money

Nuclear watchdog chief to issue new report on Iran program

16/11/2009 15:07 (817 Day 15:41 minutes ago)

The FINANCIAL -- According to RIA Novosti, IAEA chief Mohamed ElBaradei will issue a new report on Iran's nuclear program to the agency's board of directors on November 16, Iran's Mehr news agency reported.

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The contents of the new International Atomic Energy Agency report have not yet been disclosed. The report may be ElBaradei's last as he steps down from the IAEA on November 30.

 

Britain, China, France, Germany, Russia and the United States have been trying to persuade Iran to halt uranium enrichment for economic and diplomatic incentives. Iran-Six envoys last met in Geneva on October 1.

 

Turkey last week said it would be willing to store enriched uranium for use in Iranian atomic power plants, to ease international concerns over Iran's nuclear program.

 

Iran has so far rejected offers from nuclear powers Russia and France to store its low-enriched uranium, and is under international pressure to accept a compromise. The UN nuclear watchdog had suggested Turkey as a neutral country, which has built good relations with Iran in recent months.

 

Iran has rejected Western suspicions that it secretly plans to build nuclear weapons and insisted on its right to nuclear technology for electricity generation.

 

Russia has consistently supported Iran's right to peaceful nuclear energy and has developed the Islamic Republic's first nuclear plant. On Monday, Russian Energy Minister Sergei Shmatko said that while the Bushehr plant would not be launched this year as planned, Russia remained "committed to its obligations to Iran."

 

 

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Israel’s Peres vows cooperation with Greek Cyprus in gas drillingIsraeli

04/11/2011 04:38 (100 Day 03:10 minutes ago)

The FINANCIAL -- President Shimon Peres had talks with Greek Cypriot leader Dimitris Christofias during a key visit to the island on Thursday, discussing gas finds in the eastern Mediterranean, a discovery that has sparked a crisis between Turkey and Greek Cyprus.

 

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