Monday, February 19, 2007

Iran: not only a potential nuclear threat, they're late making the nuclear plant mortgage payments as well

It's just so hard finding responsible megalomaniac dictators trying to bring about the return of the 12th Imam who want to buy nuclear technology these days...

BBC - Iran has rejected claims by Russian officials that it has failed to meet payments for work on the Bushehr nuclear plant in southern Iran.

[...] Under the Bushehr deal, Russia would have started the fuel shipments by March, launched the plant in September and begun to generate electricity by November.

Russia's Federal Nuclear Power Agency spokesman Sergey Novikov said the "launch schedule definitely could be affected" by the reported delay in payments.

One unnamed Russian official told Associated Press Iran was blaming "technical reasons" for the delay.

So they're a nuclear threat and a credit risk for lenders as well.

Of course beyond the fact that they haven't paid the Russians for the nuclear technology they've been given, is the scary fact that the Russians are selling them nuclear technology.

Does anyone else think that's a bad idea or is it just me.

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