Word: nunn
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Dates: during 2000-2009
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...that is what quietly unfolded when former Sen. Sam Nunn, the Georgia Democrat, recently appeared for just over an hour before the Senate Armed Services subcommittee...
...Nunn, now 68, left the Senate more than a decade ago and has been largely absent from the Washington scene since. But he returned a couple of weeks ago to brief his former colleagues on the progress the U.S. and Russia have been making on ridding the world of old, obsolete and unneeded nuclear warheads - a project Nunn conceived at the end of the Cold War with Indiana republican Richard Lugar and has in many ways become his life's work. Since then, the Nunn-Lugar program has dismantled and destroyed more nuclear weapons than are in the combined arsenals...
...Still, Nunn's progress report was bleak, and that was only half...
...what seemed to worry Nunn most was not materials at large but procedures on the books - and specifically, the rusty warning mechanisms both nations once kept well-polished and oiled in case of an accidental nuclear launch. Nunn worries that the short time between a launch of a nuclear device from a submarine and its impact - a time span Nunn said was classified but estimated might be as brief as 5 or 10 minutes - might all but guarantee a nuclear exchange. Nunn told the Senators that both Washington and Moscow should work to jointly take their nuclear arsenals off what...
...better production is reserved for six preselected clients who buy at a price fixed by TanzaniteOne. The move appears to have helped stabilize prices, which is reassuring for retailers and final consumers, but it smacks of the diamond cartel. However, there are important differences, argues Ian Harebottle, who replaced Nunn, still the largest shareholder, as chief executive at TanzaniteOne last May. TanzaniteOne controls only 35% of tanzanite, compared with De Beers' historic 70% market share. In 2005, TanzaniteOne's sales totaled $41.1 million. "We don't want to be a monopoly, and we don't want to dictate," Harebottle says...