

Iran’s minister of finance said yesterday that his country’s quest for nuclear energy is an integral part of its plan to become a regional economic powerhouse and has nothing to do with offensive weapons.
There is intense international debate about Iran’s need for an indigenous nuclear-energy program, given its oil reserves, and observers say that unemployment is more likely driving the need to open the economy.
A top Iranian nuclear official said yesterday in Tehran that the country already had processed several tons of the gas needed to enrich uranium, a necessary step toward producing nuclear fuel, or weapons.
“We have used part of the raw uranium we had. A few tons of yellowcake has been converted ,” Hossein Mousavian, Iran’s top delegate to the International Atomic Energy Agency told the Associated Press.
The United States repeatedly has accused Iran of trying to build a nuclear bomb and has tried to get the international community to bring Tehran before the United Nations for its nuclear activities.
Iran, a net oil producer, insists its nuclear efforts are peaceful.
“We are not interested in employing nuclear weapons,” Iranian Minister of Finance Tahmasb Mazaheri said during an interview at the Iranian Interests Section in Washington. “We are just seeking the peaceful utilization of this energy [and] in fact, it has many economic impacts.”
Mr. Mazaheri said that Iran was in line with the IAEA, and had opened its industry to IAEA inspectors and monitors. The U.N. nuclear watchdog has agreed that, so far, Iran does not appear to have produced any weapons-grade uranium.
Although Iran is among the world’s top-10 oil producers, Mr. Mazaheri said the country wanted to diversify its energy base to support its growing economy.
“We should replace oil revenues with another source of energy, because it is a political commodity; so we should employ some other instruments to make the development of the country eaisier,” the minister argued.
He said that despite U.S. sanctions, Iran’s economy had grown over the past four years at a rate of 5.5 percent, creating roughly 550,000 jobs a year.
Standards of living had risen and women were participating in the economy to a greater degree than in neighboring countries, he said.
“The government policy is one of privatization, and to move to a competitive, market-oriented economy,” said Mr. Mazaheri. “The engine of the economy will be the private sector in close interaction with the international markets.”
“Our aim is to be the first-ranking economy in the region,” Mr. Mazaheri said.
But Cliff Kupchan, vice president of the Nixon Center, said Iran was under tremendous pressure to provide jobs for its youth, and as yet there had been little actual movement away from the state-dominated economy.
View Entire StoryBy H. Leighton Steward
Fantasy replaces reality in Obama's green economy

By Tom Howell Jr. - The Washington Times
A 29-year-old Moroccan man was arrested Friday on accusations he planned to detonate a suicide ...

By David Hill - The Washington Times
The House voted Friday night to approve Gov. Martin O’Malley’s same-sex marriage bill, sending the ...

By Stephen Dinan - The Washington Times
Acting with striking bipartisanship, Congress on Friday passed a full-year extension of the payroll tax ...
Independent voices from the TWT Communities

A collection of Entertainment News and Reviews from Washington, D.C. to the beyond

Not your typical discussion, writer Conor Murphy writes about the cons, and pros, of politics

Children around the globe are too often silent. From victims of abuse - physical, mental, and sexual to those whose lives embrace joy, their stories are many and need to be heard.