Word: uranium
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...President George W. Bush last month, the first effort at a direct high-level contact between the two countries since 1979. After the U.N. Security Council permanent five plus Germany and the E.U. presented Tehran with a package of incentives aimed at persuading Iran to stop enriching uranium, Khamenei authorized the President to call the proposal a "positive step." Ahmadinejad said last week that Iran plans to respond to the West's offer by mid-August, but that's too slow for the Bush Administration, which wants an answer by the end of June. Analysts close to the regime...
...contents of the Western offer have not been revealed, but are believed to include a comprehensive package of economic incentives, including the building of light-water nuclear reactors, if Iran agrees to refrain from enriching uranium on its own soil. Reports out of Iran suggest that a majority of the Iranian leadership are ready to accept the principle of limiting the scope of its nuclear program, and will seek unconditional talks with the West to achieve that...
...Western demand that Iran suspend its small-scale enrichment experiments before any talks can be held. Instead, pragmatic elements close to Supreme Leader Ayatollah Ali Khamenei have indicated a willingness to accept a deal in which Iran agrees, for a defined period of years, to refrain from industrial-scale uranium enrichment and instead acquire its reactor fuel from Russia or elsewhere. Nonetheless, they hope to come away from the table with an agreement that allows them to continue enrichment experiments, under international monitoring, with a cascade of centrifuges too small to create weapons-grade material...
...conference could prove useful in curbing Iran's nuclear ambitions. After meeting on the sidelines with both Russian President Vladimir Putin and Chinese President Hu Jintao, Ahmadinejad softened his tough rhetoric, saying on Friday that a package of incentives designed by the international community to stop Iran from enriching uranium was "a step forward." Small words, but enough to make the SCO feel like it's got some power, after...
...Unlike its uranium, Australia's fossil fuel reserves underpin huge domestic industries. Opponents say nuclear power would put thousands of jobs at risk. It's largely for economic reasons that the premiers of New South Wales, Victoria and Queensland have vowed not to lift their states' nuclear bans. Queensland Nationals Senator Barnaby Joyce agreed: "I can't see the logic of promoting competition to my state's major export...