Obama’s Plan to Corner the Uranium Market

It was reported this week in the Boston Globe that President Barack Obama, as part of a broad nuclear arms reduction initiative, will call for the creation of an international supply house for uranium that will be open to nations that want to pursue peaceful nuclear power projects, but denied to anyone wishing to make a bomb. While not specifically aimed at nuclear “rogues” Iran or North Korea, the idea is obviously meant to put to the test their claims, at least in Iran’s case, that their nuclear ambitions are entirely peaceful. According to an unnamed administration official quoted in […]