• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • Iran’s Enriched Uranium Stockpile Rises as Its Currency Plummets

    Iran could now produce enough enriched uranium to arm a nuclear bomb within two to four months, according a new report by a Washington think tank.

    The Institute for Science and International Security cautioned that Iran may still face “engineering challenges” in assembling a weapon and longer delays if it wants to test it and ensure its reliability. But it warned that Iran’s more than 10,000 centrifuges are steadily building a larger stockpile of low-enriched uranium that could be further enriched to arm a weapon.

    Although Iran’s nuclear program appears to be in good health, its economy has deteriorated rapidly as international sanctions have exacerbated the impact of widespread economic mismanagement and corruption.

    Iran’s people have voted with their wallets to acquire foreign currency to hedge against Iran’s high inflation and the plunging value of Iran’s currency, the rial, which lost about 40 percent of its value during the last week of September. The regime’s efforts to crackdown on currency speculators provoked a riot in Tehran last week.

    President Mahmoud Ahmadinejad has blamed speculators, the United States, and international sanctions for the currency crisis. But many Iranians reportedly blame their own government for Iran’s weakening currency, soaring inflation, and high unemployment. Within the past year, estimates suggest that somewhere between 500,000 and 800,000 Iranian citizens have lost their jobs.

    But it is difficult to turn Iran’s currency revolt into a genuine revolution against the regime. As bad as Iran’s economic situation has become, the regime is unlikely to bend until even heavier sanctions have been imposed. Iran’s nuclear clock is ticking faster than the country’s regime change clock.

    Adam Gianella is currently a member of the Young Leaders Program at The Heritage Foundation. For more information on interning at Heritage, please visit http://www.heritage.org/about/departments/ylp.cfm

    Posted in Security [slideshow_deploy]

    One Response to Iran’s Enriched Uranium Stockpile Rises as Its Currency Plummets

    1. Bobbie says:

      Sounds like the President is good at building bombs and calling out threats. Does or has he done any productive good for his people or the world? I heard the Iranian people are starving and that's not something anyone should like to hear! His priority is his own stubbornness! All the worlds problems stem from the governing process of world leaders throughout.

    Comments are subject to approval and moderation. We remind everyone that The Heritage Foundation promotes a civil society where ideas and debate flourish. Please be respectful of each other and the subjects of any criticism. While we may not always agree on policy, we should all agree that being appropriately informed is everyone's intention visiting this site. Profanity, lewdness, personal attacks, and other forms of incivility will not be tolerated. Please keep your thoughts brief and avoid ALL CAPS. While we respect your first amendment rights, we are obligated to our readers to maintain these standards. Thanks for joining the conversation.

    Big Government Is NOT the Answer

    Your tax dollars are being spent on programs that we really don't need.

    I Agree I Disagree ×

    Get Heritage In Your Inbox — FREE!

    Heritage Foundation e-mails keep you updated on the ongoing policy battles in Washington and around the country.

    ×