ByÂ Jim Emerson, staff writer
Last Thursday Iranian President Mahmoud Ahmadinejad announced the Islamic Republic was ready to renew nuclear talks with members of the UN Security council; United States, Russia, China, France and Britain, and Germany. Most likely the action was the result of the oil Embargo placed on the Islamic Nation and pressure placed on the Iranian leadership by the Russians.
Russian Foreign Minister Sergei Lavrov told the Iranian press â€śRussia wants a quick renewal of talks between the international community and Iran on the countryâ€™s nuclear program and supports holding the meetings in Turkey [without preconditions].â€ť
President Ahmadinejad publicly admitted the economic sanctions placed on the countryâ€™s central bank and oil production has created hardship for the Iranian people. Oil sales account for 80% of export revenue. Since the embargo Iranians have be dumping rials (their own currency) for gold or foreign currency, fearing that their money would become worthless. This currency crisis contradicts the regimes rhetoric that an embargo would have little effect. The lack of faith of the Iranian people in the regime has to make it nervous about creating an environment similar to the one that brought about the uprisings in Egypt and Libya last year.
The Iranian President stands firm that the sanctions will not discourage the regime from going forward with its nuclear program. Despite Iranâ€™s insistence that it only exists for peaceful purposes, Western Intelligence agencies and the UN believe they have to be performing weapons test in secret. The Iranians have offered to allow the UN Agency full supervision of its nuclear program if the West agrees to lift the sanctions against them. However, the Iranian President insists that the Islamic Republic has the right to enrich uranium.
Speculation among Western Diplomats is that the offer was nothing more than an effort to buy time to enrich more uranium and hide any evidence of weapon development. So far, there has been no official request for talks form the Iranians, right now it is just talk. Perhaps the Persian Napoleon is waiting for his letter from Obama asking him to come to Turkey for talks.
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This day in history January 28
1915: An act of the Congress creates the United States Coast Guard â€“ Happy Birthday Coasties! Ooh Rah!
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