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...military hardware to countries hostile to Israel" with his Russian counterpart, Dmitri Medvedev, on that day during four hours of closed-door talks in the Russian city of Sochi. According to the statement, Peres "stressed that Israel has concrete proof of Russian weapons being transferred to terrorist organizations by Iran and Syria, especially to Hamas and Hizballah." A spokeswoman for the Israeli President declined to elaborate on any connection with the Arctic Sea. In a parallel statement, the Kremlin did not mention weapons sales, saying after the meeting that "we more clearly and precisely understand each other's positions...

Author: /time Magazine | Title: Was Russia's 'Hijacked' Ship Carrying Missiles to the Mideast? | 8/31/2009 | See Source »

President Obama has declared that Iran has until September to show positive steps toward demonstrating to the U.N. Security Council that its nuclear program is solely for civilian use. On the last Friday of August, the U.N. International Atomic Energy Agency (IAEA) released its latest report on Iran's nuclear-energy program, announcing that Iran has partly cooperated with the agency on allowing access to its nuclear facilities. However, the IAEA also reported that it "does not consider that Iran has adequately addressed the substance of the issues." U.S. State Department spokesman Ian Kelly said in response to the report...

Author: /time Magazine | Title: Pressuring Iran on Nukes: Would a Gas Embargo Help? | 8/31/2009 | See Source »

...newest IAEA findings may push the U.S. to more seriously consider implementing sanctions against the selling of gasoline to Iran by foreign companies, as proposed by Senators Jon Kyl and Joe Lieberman. But would that threat force Tehran to sit down at the negotiating table? (Read an analysis of the possible effect of sanctions on Iran...

Author: /time Magazine | Title: Pressuring Iran on Nukes: Would a Gas Embargo Help? | 8/31/2009 | See Source »

Most Iranian commentators do not think so. Although House Foreign Affairs Committee chairman Howard Berman called Kyl and Lieberman's Iran Refined Petroleum Sanctions Act "a sword of Damocles" hanging over the Iranians, the view from Tehran is quite different. In Tehran's daily newspaper Mardom Salari, columnist Hamid Reza Shokouhi recently wrote, "It is possible to turn this sword of Damocles into an opportunity for gaining self-sufficiency." (See pictures of the turbulent aftermath of the Iranian elections...

Author: /time Magazine | Title: Pressuring Iran on Nukes: Would a Gas Embargo Help? | 8/31/2009 | See Source »

Former President Mohammad Khatami stated that his greatest economic failure during his tenure was not reducing the massive subsidies the Iranian government spends to keep gas prices low. Every year, his government had to draw millions of dollars from Iran's special "rainy day" oil revenue reserve fund in order to pay out the subsidies. By 2003, the leaders today associated with the ongoing Green Movement opposition - Khatami, Mehdi Karroubi and Ali Akbar Hashemi Rafsanjani - all supported rationing gasoline in order to reduce domestic consumption and government expenditure...

Author: /time Magazine | Title: Pressuring Iran on Nukes: Would a Gas Embargo Help? | 8/31/2009 | See Source »

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