ADVERTISEMENT
  • Africa
  • World
  • Our Shows
    • Entrepreneurship
    • Destination Business
    • 101business TV Show
Business 360 News
  • Home
  • News
  • Markets
    • Stocks
  • Finance
  • Economy
    • Political Economy
    • Energy
    • Maritime
    • Agribusiness
    • Insurance
    • Real Estate
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
  • Sports
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Business Travels
    • Aviation
    • Tourism
    • Hospitality
  • Lifestyle
    • Healthconomy
    • Art
    • Entertainment
    • Fashion
    • Luxury
  • NGOs
  • Business 360 Weekly
No Result
View All Result
  • Home
  • News
  • Markets
    • Stocks
  • Finance
  • Economy
    • Political Economy
    • Energy
    • Maritime
    • Agribusiness
    • Insurance
    • Real Estate
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
  • Sports
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Business Travels
    • Aviation
    • Tourism
    • Hospitality
  • Lifestyle
    • Healthconomy
    • Art
    • Entertainment
    • Fashion
    • Luxury
  • NGOs
  • Business 360 Weekly
No Result
View All Result
Business 360 News
No Result
View All Result
Home News

Iran’s Uranium Metal Production: Most serious nuclear step – IAEA

Business 360 by Business 360
February 16, 2021
in News, World
0
Iran’s Uranium Metal Production: Most serious nuclear step – IAEA

Iran’s latest move in violation of the 2015 nuclear deal has caught international powers’ attention, raising the stakes for a return to the multi-country agreement as it demands the lifting of U.S. sanctions.  UN nuclear watchdog the International Atomic Energy Agency (IAEA) last week confirmed a report that Iran has begun producing uranium metal, a step that violates the parameters of the 2015 deal — also known as the JCPOA — which lifted sanctions on Iran in return for curbs to its nuclear program.  

Non-enriched, uranium metal has little civilian use and is different from enriched uranium, which can be used for nuclear energy. Iran says it activity is meant to produce fuel for a research reactor. IAEA inspectors confirmed a minutely small volume of 3.6 grams (0.1 ounces) of the substance at an Isfahan facility — less than the size of a thimble.

But it’s raised the alarm for some in the international community, since a greater quantity of the metal — about half a kilogram, according to experts — can be used to build the core of a nuclear bomb.

“This is one of the most serious nuclear steps that they’ve taken,” a former Obama administration official involved in the original JCPOA negotiations told CNBC, referring to Iran. “It’s pretty provocative.” The former official spoke on condition of anonymity due to professional constraints on speaking to the press. 

The U.K., France and Germany, all supporters of the JCPOA, said in January that Iran has “no credible civilian use for uranium metal.” They described the news as “deeply concerning.”

“The production of uranium metal has potentially grave military implications,” they warned.

Behnam Ben Taleblu, a senior fellow at the Washington-based Foundation for Defense of Democracies, said the Europeans’ statement is significant.

“You know you’re in trouble when the Europeans don’t buy the ‘civilian use’ argument put forward by Tehran. That’s what should ring alarm bells,” he said. [CNBC]

Previous Post

Petrol subsidy may hit N11.2bn per week, Reps condemn $750m annual loss to gas flaring

Next Post

Nigerian sentenced in US for $11m cyber fraud scheme

Business 360

Business 360

Next Post
Nigerian sentenced in US for $11m  cyber fraud scheme

Nigerian sentenced in US for $11m cyber fraud scheme

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
NCAC inaugurates Creative Industry Sub-Committees

NCAC inaugurates Creative Industry Sub-Committees

September 20, 2020
#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

October 21, 2020
COVID-19: Churches comply with strict measures as worship centres reopen in Lagos

COVID-19: Churches comply with strict measures as worship centres reopen in Lagos

August 10, 2020
SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

September 21, 2020
‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

25
Goldlink’s restructures board

Goldlink’s restructures board

10
Airtel Africa Plc gets admitted to the NSE Main Board

Airtel Africa Plc gets admitted to the NSE Main Board

6
Stallion Tank Farm resumes operations

Stallion Tank Farm resumes operations

3
Access Bank partners with AfriGOpay to boost Nigeria’s payment ecosystem.

Access Bank partners with AfriGOpay to boost Nigeria’s payment ecosystem.

March 30, 2023
Elon Musk, Experts urge halt to AI training saying AI systems with human-competitive intelligence can pose risks to society and humanity

Elon Musk, Experts urge halt to AI training saying AI systems with human-competitive intelligence can pose risks to society and humanity

March 30, 2023
Maximizing opportunities in a challenging economy-Joshua Solomon tells his story.

Domestic airfares jumped by 66% in 2022 – NBS

March 29, 2023
Nigeria needs $2.3tn to address infrastructure deficit-FG

FG $22bn loan request rejected by Chinese bank – Reps

March 29, 2023
Business 360 News

Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.

Follow Us

Browse by Category

  • Africa
  • Agribusiness
  • AI
  • Art
  • Arts
  • Aviation
  • Blockchain
  • Business 360 Weekly
  • Business Travels
  • Capital Market
  • Corporate
  • Destination Business
  • Economy
  • Education
  • Electric Vehicles
  • Energy
  • Entertainment
  • Entertainment
  • Entrepreneurship
  • Fashion
  • Fashion
  • Finance
  • Health
  • Hospitality
  • ICT
  • Insurance
  • IoT
  • Lifestyle
  • Luxury
  • Maritime
  • Meetings
  • News
  • NGOs
  • Political Economy
  • Real Estate
  • SMEs
  • Society
  • Solar Energy
  • Sports
  • Start-Ups
  • Stocks
  • Success Stories
  • Tech
  • Tourism
  • Transportation
  • Uncategorized
  • World

Recent News

Access Bank partners with AfriGOpay to boost Nigeria’s payment ecosystem.

Access Bank partners with AfriGOpay to boost Nigeria’s payment ecosystem.

March 30, 2023
Elon Musk, Experts urge halt to AI training saying AI systems with human-competitive intelligence can pose risks to society and humanity

Elon Musk, Experts urge halt to AI training saying AI systems with human-competitive intelligence can pose risks to society and humanity

March 30, 2023
  • Africa
  • World
  • Our Shows

© 2022 Business 360 News - Business, Finance And SMEs News | Design by Manifest!

No Result
View All Result
  • Home
  • News
  • Markets
    • Stocks
  • Finance
  • Economy
    • Political Economy
    • Energy
    • Maritime
    • Agribusiness
    • Insurance
    • Real Estate
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
  • Sports
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Business Travels
    • Aviation
    • Tourism
    • Hospitality
  • Lifestyle
    • Healthconomy
    • Art
    • Entertainment
    • Fashion
    • Luxury
  • NGOs
  • Business 360 Weekly

© 2022 Business 360 News - Business, Finance And SMEs News | Design by Manifest!