Mike Shuster http://kccu.org en To Combat Sanctions, Iran Buys Up Gold http://kccu.org/post/combat-sanctions-iran-buys-gold Iran is stockpiling gold. That's the way David Cohen sees it. He's undersecretary of the Treasury, and the Treasury's point man for the banking sanctions the U.S. has imposed on Iran.<p>"Iran is attempting to hoard gold, both by acquiring it and by preventing the export of gold from Iran, in a somewhat desperate attempt to try and defend the value of its currency," Cohen says.<p>Iran faces an oil embargo from many Western countries, and the U.S. has also imposed tough banking sanctions. Iran still manages to sell some oil, although a reduced amount, to neighboring Turkey. Fri, 09 Nov 2012 20:02:00 +0000 Mike Shuster 22819 at http://kccu.org To Combat Sanctions, Iran Buys Up Gold Signals From Iran Indicate Willingness To Talk http://kccu.org/post/signals-iran-indicate-willingness-talk Iran is hurting. Economic and banking sanctions, plus an effective oil embargo led by the European Union, have brought chaos to Iran's economy. The bottom fell out of its currency, the rial, a couple of weeks ago, provoking street protests. Iranians of all social classes are struggling to cope.<p>These challenges, along with other signals, hint at Iran's willingness to engage in bilateral talks with the U.S. about its nuclear activities. Mon, 22 Oct 2012 08:29:00 +0000 Mike Shuster 21638 at http://kccu.org Signals From Iran Indicate Willingness To Talk Russia To Go It Alone On Nuke Disarmament http://kccu.org/post/russia-go-it-alone-nuke-disarmament Transcript <p>RACHEL MARTIN, HOST: <p>Well, this past week, the Russian government announced that it is dropping out of the program.<p>NPR's Mike Shuster has more on the consequences.<p>MIKE SHUSTER, BYLINE: The Nunn-Lugar program takes its name from the two senators who created it, the former Democratic senator from Georgia, Sam Nunn, and the current Republican senator from Indiana, Richard Lugar. They sponsored the bill in 1991, creating a program whereby the U.S. Sun, 14 Oct 2012 10:45:00 +0000 Mike Shuster 21188 at http://kccu.org Panic Rises In Iran As Currency Plunges To New Lows http://kccu.org/post/panic-rises-iran-currency-plunges-new-lows Large crowds of anxious Iranians gathered in Tehran on Sunday and Monday at foreign exchange offices — some of which had shuttered their doors — <a href="http://www.npr.org/blogs/thetwo-way/2012/10/02/162165257/currency-in-crisis-collapse-of-irans-rial-continues">as Iran's currency continues its free fall</a>.<p>From Sunday to Monday, the rial lost nearly one-third of its value against the dollar — and the decline appears to have continued Tuesday.<p>Most economists say it's the very tough economic and banking sanctions against Iran, as well as an embargo on Iranian oil sales, that are respons Tue, 02 Oct 2012 20:47:00 +0000 Mike Shuster 20523 at http://kccu.org Panic Rises In Iran As Currency Plunges To New Lows As Sanctions Take A Toll, Debate In Iran Heats Up http://kccu.org/post/sanctions-take-toll-debate-iran-heats Yukiya Amano is frustrated.<p>Last week, Amano, the director general of the International Atomic Energy Agency, told a meeting of the agency in Vienna that he is aggravated by Iran's unwillingness to show the IAEA what's going on at a base called Parchin.<p>"Iran should engage with us without further delay on the substance of our concerns," he said. Mon, 17 Sep 2012 21:53:00 +0000 Mike Shuster 19597 at http://kccu.org As Sanctions Take A Toll, Debate In Iran Heats Up