Tuesday, November 16, 2010

Talks set for Iran, though where is still undecided.

Workers at a uranium conversion facility near Isfahan, file imageThe date to be set would be December 5th. The location however still is a loft for the EU and Iran to begin nuclear talks. Iran is said to be in trouble at the UN due to not following accordingly with UN regulations as far as nuclear power goes. The talks have been delayed for over a year. If Iran is to agree then it would break that year long stalemate. The five members of the UN Security Council as well as Germany would be the countries that would talk with Iran about negotiations. EU officials state, “The meeting would be somewhere in Europe, most probably in Switzerland. A second, subsequent meeting may also be proposed for Istanbul.” With Tehran seeing if the council would agree on Istanbul, the US seemed irritated by that suggestion because Turkey has set up a nuclear-swap deal with Tehran early in the year while the US was increasing sanctions against Iran. The council as well as some officials believe there would be two whole days of talks which is, “sufficient time for a full and in-depth exchange of views.” If Iran does not show signs of wanting to talk then the sanctions against the country would only hurt it more plus damage their economy. 
Source: http://www.bbc.co.uk/news/world-middle-east-11748096

Wednesday, November 10, 2010

Iran’s subsidy programs to end, security increased.


More police forces have been sent to the streets of Tehran as the government has started making large cuts on many different subsidy programs. Iran’s President remarked this reform as, “the biggest economic plan in the past 50 years.” These changes were made to save billions of dollars in public money, however this will increase food and energy prices for millions of Iranians. Iran has benefitted for a very long time on blanketed subsidies made by the government on natural gas, electricity, petrol, water and a wide variety of stable foods. Iranians expect a 400% price increase for motorists in petrol, which has been the reason for tighten security. Many critics claim that these subsidies are a huge cause of wastefulness. A report showed that one-third of bread made with subsidized flour is usually thrown out. Mr Ahmadinejad states that the poorer families will receive payouts to soften the effects of the lift on subsidies. Many of the government’s opposition in different parties state that poor handling of reforms could cause a huge increase in inflation, which includes civil unrest. Mir Hossein Mousavi says that there is a need to end ineffective subsides, but feels that the government wont uphold its policies well.  Mousavi remarks that these sanction have weakened the national economy. Only the President and a select few know how much prices will rise, which has been the cause for theft on the basic needs of sugar and rice.
Source: Mohsen Asgari, BBC News, Tehran
http://www.bbc.co.uk/news/world-middle-east-11685293