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Hard-hit by sanctions, Iran suspends 20-percent uranium enrichment


Al Arabiya News

quote,

Iran has suspended 20-percent uranium enrichment in order to have Western-imposed sanctions lifted, a parliament member told Al Arabiya on Saturday. Earlier, Foreign Policy and National Security Commission of Parliament Mohammad Hossein Asfari told ISNA news agency that Tehran’s move was a “good will” gesture, hoping that Western countries will lift their sanctions on Tehran.

U.S. and EU measures slashed Iran’s crude oil exports, hitting its hard currency earnings and contributing to a plunge in the rial’s value. The International Energy Agency estimated its crude exports at 860,000 bpd in September, down from 2.2 million bpd at the end of 2011.

Iran’s currency has recently plunged in what some U.S. officials described as the “most punishing sanctions” ever amassed by the global community seeking to halt Tehran’s suspect nuclear program. The rial has lost more than 80 percent of its value compared with the end of last year, when it was worth 13,000 to the dollar.

Last week, Iran banned the export of around 50 basic goods as the country takes steps to preserve supplies of essential items in the face of tightening Western sanctions. Iranian traders will no longer be able to export goods including wheat, flour, sugar, and red meat, as well as aluminum and steel ingots, according to a letter from Deputy Industry Minister Seyyed Javad Taghavi published in Iranian media on Tuesday. The letter also said a further list of banned goods would be announced later.

4 comments on “Hard-hit by sanctions, Iran suspends 20-percent uranium enrichment

  1. Hi PJ,

    There’s nothing ‘suspect’ about Iran’s nuclear program. Iran doesn’t have any intention to build a nuclear weapon. They view such a weapon as a grave sin and have issued a number of Fatwas and public rebukes over nukes.

    Here’s an article that gives sourced and verified quotations from Iran’s leadership over the years.

    http://mondoweiss.net/2012/10/goldberg-ignores-decades-of-consistent-iranian-statements-on-nuclear-weapons-for-the-sake-of-propaganda.html

    • Thanks Steve! I’ll check out the link…

      When i came across the above news item i wanted to post it because i’d seen nothing (and i mean zilch!) about this reduction caused by sanctions, on any news network. You’d have thought it would’ve been ‘big news’ in light of all the US government warmongers demanding war against Iran.

  2. Hey PJ,

    The real issue is that we find ourselves again playing this ‘Where’s Wally’ game without the Wally. Saddam was asked where his WMD were. He said he didn’t have them, UN inspectors went in and found none. We went to war based on something we could find, but ‘knew’ existed. Turned out they didn’t.

    Roll forward to 2012 and the UN inspectors are this time concerned about around 170 kgs of ‘missing’ uranium and what terrible things the Iranians could be doing with it.

    It could be a slip of the accountant’s pen or something else, but what it isn’t is a basis for war. Israel are heavily armed with nuclear missiles and could literally destroy Iran in seconds. The ‘missing’ uranium would make one missile. Where would they fire this without destroying Islamic Holy sites or killing their Palestinian brothers and sisters, which would bring the entire Muslim world upon their heads?

    When you actually ponder it all, you couldn’t say 100% that Iran doesn’t have nuclear weapons aspirations, but I would suggest that if they do, it’s purely to break Israeli hegemony in the region and not for any premeditated plan to use it.

    • The thing is, this story of Iran developing nuclear weapons is an old one. For at least the last 25 years or longer, stories have been out there about them being on the verge of developing nuclear warheads/bombs, etc.

      Either those stories had no basis whatsoever, or the Iranians are the stupidest people on earth! Technology being what it is today, what nation’s top scientists take 25 years (or longer) to develop a nuclear bomb? Or a better question is, how is it its taken 25 years for them to NOT develop one?

      When you actually ponder it all, you couldn’t say 100% that Iran doesn’t have nuclear weapons aspirations, but I would suggest that if they do, it’s purely to break Israeli hegemony in the region and not for any premeditated plan to use it.

      Steve you’re right….we don’t know for a certainty, and if they are, what their purpose the may be in wanting one.

      Personally, and im sure this won’t go over well, i have a problem with the US (or any other nation in the west) deciding who is permitted to arm themselves (with whatever) and who isn’t. This is how Empires act, not democratic nations. But as i stated, thats my personal opinion.

      The real issue is that we find ourselves again playing this ‘Where’s Wally’ game without the Wally. Saddam was asked where his WMD were. He said he didn’t have them, UN inspectors went in and found none. We went to war based on something we could find, but ‘knew’ existed. Turned out they didn’t.

      Many of those who were sitting in Washington knew it, but it didn’t matter. I’m particularly referring to Rumsfeld and Cheney who purposefully misrepresented the info gathered by our own intelligence agencies, and presented those lies to the president and the American people. Even now, in the face of ABSOLUTE facts which proved they lied, both these men continue to say ‘we did the right thing’. They are frankly, delusional and continue to be warmongers.

      The president we have today has gotten a lot of heat from certain politicians here in America and in Israel for not jumping “willy nilly” into another war, this time with Iran. But im glad he appears to be one who wants to try other means of dealing with other nations, and (at least for now) will not be bullied by those trying to push us into another war. I’m aware this (or he) could change…but i pray it doesn’t.

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