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Re: 3xBuBu post# 220

Wednesday, 02/15/2012 9:21:49 PM

Wednesday, February 15, 2012 9:21:49 PM

Post# of 319
Iran announces nuclear advances but offers new talks
http://www.chicagotribune.com/news/sns-rt-us-irantre81e0rf-20120215,0,4847276.story
Iran proclaimed advances in nuclear know-how, including new centrifuges able to enrich uranium much faster, a move that may heighten its confrontation with the West over suspicions it is seeking the means to make atomic bombs.

Tehran's determination to pursue a nuclear program showed no sign of wavering despite Western sanctions that are inflicting increasing damage on its oil-based economy.

"The era of bullying nations has passed. The arrogant powers cannot monopolize nuclear technology. They tried to prevent us by issuing sanctions and resolutions but failed," President Mahmoud Ahmadinejad said in a television broadcast on Wednesday.

"Our nuclear path will continue."

But Iran's Arabic-language Al Alam television said the government had handed a letter to EU foreign policy chief Catherine Ashton expressing readiness to "hold new talks over its nuclear program in a constructive way."

An Ashton spokeswoman confirmed receipt of the letter, saying she was evaluating it and would consult the United States, Russia, China and other partners among the big powers.

Iran has long refused to negotiate curbs on its nuclear program, saying it is intended purely for civilian uses, including producing electricity for booming domestic demand.

The United States and Israel have not ruled out military action against Iran if diplomacy and sanctions fail.

Washington played down Iran's announcement, saying the advances were neither new nor very impressive. "We frankly don't see a lot new here. This is not big news. In fact it seems to have been hyped," a State Department spokeswoman said.

IRAN DENIES BANNING OIL EXPORTS TO EU

Iran's Oil Ministry denied a state media report that it had cut off oil exports to six EU states. "We deny this report ... If such a decision is made, it will be announced by Iran's Supreme National Security Council," a ministry spokesman said.

Iran's English language Press TV had said Tehran had halted oil deliveries to France, Portugal, Italy, Greece, Netherlands and Spain -- its biggest EU customers -- in retaliation for an EU ban on Iranian crude due to take effect in July.

The Islamic Republic is the world's No. 5 oil exporter, with 2.6 million barrels going abroad daily, about a fifth of it to EU countries.

Western sanctions are spreading to block Iran's oil exports and central bank financing of trade, and Tehran has resorted to barter to import staples like rice, cooking oil and tea, commodities traders say.

The Obama administration is putting pressure on the European Union and SWIFT, the global organization that facilitates most of the world's cross-border payments, to expel Iranian banks from its network, a new step in the push to deprive Iran of funds, a U.S. official said on Wednesday.

Expelling Iranian banks from the Belgium-based Society for Worldwide Interbank Financial Telecommunication would cut off one of Iran's few remaining avenues to do business abroad.

European banking regulators may meet SWIFT's board on Thursday to discuss the issue, two sources familiar with the matter said. SWIFT has said previously it is working to resolve the issue but is just a messaging system for its 10,000 users.

The most recent talks between world powers and Iran failed in January 2011 because of Tehran's unwillingness to discuss transparent limits on enrichment, as demanded by several U.N. Security Council resolutions passed since 2006.

The nuclear achievements proclaimed by Tehran involved a new line of uranium enrichment centrifuges and the loading of its first domestically produced batch of fuel into a research reactor that is expected to run out of imported stocks soon.


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