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Iran: Sanctions, Diplomacy Failing to Slow Nuclear Program

May 24, 2013
The International Atomic Energy Agency's latest report on Iran's nuclear program indicates that Iran continues to make steady progress in producing nuclear fuel in defiance of international sanctions and new diplomacy. This includes developing advanced uranium centrifuges and a heavy water reactor that Iran could use to significantly increase its production of enriched uranium and to begin to produce plutonium.
 
The IAEA also raised in the report its continuing concerns over possible “military dimensions” of the Iranian nuclear program and noted new efforts to cover up a site where Iran may have conducted explosive testing related to the development of a nuclear warhead.
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Iran: Sanctions, Diplomacy Failing to Slow Nuclear Program
Iran's chief nuclear negotiator Saeed Jalili who was recently approved to run in Iran’s June 14 presidential election. (BEHROUZ MEHRI/AFP/Getty Images)
Europe’s Bad Loan Problems Demand an Urgent Solution

Europe’s Bad Loan Problems Demand an Urgent Solution

May 24, 2013
Special Economic Analysis
by Peter Warburton, PhD

Europe’s economic mayhem is leading to an exponential increase in banks’ non-performing loans. Whereas the United States has largely addressed its bad loan problem over the last four years, in peripheral Europe the problem is still getting worse. Rising non-performing loans erode bank capital and reduce their capacity to lend. This weakens the impact that the European Central Bank’s monetary policy has on the European economy.
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No Change in North Korea, Despite Envoy’s Visit To China

No Change in North Korea, Despite Envoy’s Visit To China

May 24, 2013
In a largely symbolic gesture, a representative from North Korea traveled to China this week to soothe leaders in Beijing who have become increasingly annoyed by the antics of Kim Jong Un. China immediately attempted to tie the hands of the visiting official by releasing a statement claiming that North Korea had agreed to resume negotiations on its nuclear program, without details on the exact format and what, if any, preconditions would have to be met.
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Spain: Rajoy Risks Everything With School Cuts

Spain: Rajoy Risks Everything With School Cuts

May 24, 2013
Spain’s conservative government is facing protests and general strikes as it works toward cutting funding for education. Tens of thousands of students and teachers have taken to the streets, revealing the fragility of the situation in Spain as it implements the tough austerity measures required by its last-resort lenders.
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World Politics Playing Out on Syrian Stage, Says Ambassador

World Politics Playing Out on Syrian Stage, Says Ambassador

May 23, 2013
Former Israeli Ambassador to the U.S. Itamar Rabinovich told LIGNET in an exclusive interview that Syrian President Bashar al-Assad has raised tensions with Israel in order to portray the Syrian conflict as one in which Syria is battling outside forces, rather than its own people. Israel and Syria are “not engaged in a war,” he says.
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Blind Chinese Activist Alone in Human Rights Struggle

Blind Chinese Activist Alone in Human Rights Struggle

May 23, 2013
It has been more than a year since blind human rights activist Chen Guangcheng made his escape from house arrest in China to safety in the American Embassy in Beijing, but Chen is no closer in his quest to improve the human rights situation in China. Despite an initial outpouring of sympathy and acclaim for Chen, little has changed on the ground in China.
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Japan: Massive Stimulus Triggered Stock Sell-off

Japan: Massive Stimulus Triggered Stock Sell-off

May 23, 2013
The 7.3 percent drop in Japan's Nikkei stock index today may have followed indications that the U.S. Federal Reserve could soon slow its purchase of bank securities. But it was clearly triggered by the extraordinary measures Japan has taken in recent weeks to jumpstart the economy. The pace of change has been so rapid that it has left the Japanese economy vulnerable to sudden collapse.
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