Connect with us

Hi, what are you looking for?

Latest News

Western diplomats welcome two-week breather to ‘explore what is possible’ on Iran’s nuclear program

The diplomat refused to be drawn on specifics but reiterated that the crux of the matter remained Iran’s controversial uranium enrichment program and that the talks would focus on “what kind of compromise would be feasible” on that issue.

But enrichment — which Iran says it needs for peaceful purposes, while also manufacturing large quantities of near-weapons-grade material — is a major sticking point, with the Trump administration vowing that any agreement with Iran would have to entirely prohibit the country from enriching any nuclear material.

For decades, Iran, which denies it intends to build a nuclear weapon, has categorically refused to give up its capabilities — instead plowing billions of dollars into refining the technology and constructing vast enrichment facilities, like the secretive Fordow installation, which is built deep underground inside a mountain.

After launching its first wave of strikes on Iran, Israel pointed to a recent report by the International Atomic Energy Agency, which acknowledged Iran is enriching uranium to a higher level than other countries without nuclear weapons programs, in violation of its nuclear non-proliferation obligations.

“Because Iran is now under immense military pressure, it might run out of options, and their nuclear capability is being degraded,” the diplomat said.

Until Trump’s decision to allow diplomacy another shot, the Geneva talks had looked like a European sideshow, with the US seemingly poised to join with Israel in the destruction of Iranian nuclear facilities.

The meeting, between the EU’s foreign policy chief, alongside the British, French and German foreign ministers and their Iranian counterpart, is now taking on greater significance, setting the stage for next steps and possibly acting as a bridge between Iran and the United States.

But there is an underlying fear in Geneva that the reinvigorated talks here, the first formal meetings with Iranian representatives since the escalation of the Israel-Iran conflict, will still go nowhere.

“It’s impossible to read anything Trump says because there is a daily barrage of statements,” the diplomat added.

This post appeared first on cnn.com

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Stock

    In this edition of StockCharts TV‘s The Final Bar, Dave shows how breadth conditions have evolved so far in August, highlights the renewed strength in the...

    Latest News

    President Joe Biden travels to Triangle, Virginia, Monday to mark Earth Day, where he’ll unveil $7 billion in grant funding for solar power under...

    Stock

    Major equity indexes rose on Friday after a selloff that hit the Technology sector especially hard. But this doesn’t necessarily mean that everything is...

    Editor's Pick

    In the final three weeks of the presidential race, former president Donald Trump and his advisers have attacked one particular foe more than three...

    Disclaimer: Dealwithbiz.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 Dealwithbiz.com