• Steve H. Hanke
    05/04/2016 - 08:00
    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

Hot On The Heels Of Its China Breakthrough, Russia Set To Build Eight Nuclear Power Plants In Iran

Tyler Durden's picture




 

Before anyone suggests that all Russia is focusing on is China at any and all costs, consider that as we have been saying since 2012, perhaps just as important to Russia (and China) strategically is Iran which has already lashed out against the Petrodollar on numerous occasions in the past, not only for its vast oil reserves, but for its even more strategic location in the heart of the Persian Gulf.

To be sure, the Eurasian crescent of Russia and China would be made all that much stronger if the two nations had a toehold on the Straits of Hormuz, and were able to shut traffic - either tanker or military, with the US Fifth Fleet located in Bahrain - into the Gulf at their bidding. Which is why it was not surprising that not even 24 hours after Russia and China announced the "holy grail" energy deal, that RIA reported Russia is already preparing to lock in the Tehran regime with a deal to build not one but 8 (!) more nuclear power plants in the country.

From RIA:

Moscow may sign an intergovernmental agreement with Teheran this year to build eight new reactors for nuclear power plants in Iran, a source close to the negotiations told journalists Thursday.

 

Two reactors could be built at the Bushehr Power Plant and six reactors at other sites, the source said, adding that the talks were in their final stage.

 

Russian President Vladimir Putin said earlier this week that Russian-Iranian cooperation will continue despite international turbulence around Tehran. Putin said that Russia and Iran are not only neighbors, but also long-standing reliable partners.

 

Iran’s only nuclear power plant near Bushehr came online September 2011 and began operating at full capacity a year after. Moscow handed over operational control of the Russian-made plant to Iran in September last year.

A deal, it goes without saying, that would have China's explicit and implicit blessing.

And cue the US foreign department collapsing in an apopleptic fit of sheer powerlessness, if many, many "costs" for all those involved.

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Thu, 05/22/2014 - 11:50 | 4784953 alien-IQ
alien-IQ's picture

Oh, this is gonna provide for lots and lots of laughs.

Thu, 05/22/2014 - 11:55 | 4784976 dryam
dryam's picture

The pieces on the worldwide chessboard are moving faster than ever.

Hedge accordingly.

Thu, 05/22/2014 - 11:56 | 4784979 maskone909
maskone909's picture

cue bibby with his cartoon drawings

Thu, 05/22/2014 - 12:01 | 4785008 knukles
knukles's picture

Far, very far from anything like a Putin supporter, one nevertheless has to absolutely marvel at the balls the man has.  None of this shit has been extemporaneous.  Its been planned way in advance, taking advantage of impotent western leadership.
Think of it.... even the gold...  
The Western central banks push the price down, the East buys the shit up as fast as they can... and then decide to depart the dollar.
Let alone the resurrection of the global power of a new China-Soviet Empire.
Brilliant.
Absolutely fucking brilliant 

Thu, 05/22/2014 - 12:07 | 4785043 john39
john39's picture

he saw reality for what it is, and planned accordingly.  planned well i might add.

Thu, 05/22/2014 - 12:13 | 4785065 Bindar Dundat
Bindar Dundat's picture

Putin is playing high speed chess and Obama is trying to figure out how the knight moves and why both red and black Kings taste the same.

Thu, 05/22/2014 - 12:19 | 4785102 SafelyGraze
SafelyGraze's picture

this story is not very msm-worthy

on the other hand, this one is:

http://www.washingtonpost.com/blogs/early-lead/wp/2014/05/22/marshawn-ly...

hello ndaa? yeah, hi. this is topus. listen, I've got a name for you to add to the list, ok? great.

Thu, 05/22/2014 - 12:25 | 4785130 ilion
ilion's picture

Let's stop buying products made by the US companies and thus force the status quo into misery. Real Americans would hopefully then emerge.

Thu, 05/22/2014 - 12:30 | 4785151 john39
john39's picture

buy only what you need... buy local and small if you can.  starve the global corporations and banks...

Thu, 05/22/2014 - 12:33 | 4785163 Latina Lover
Latina Lover's picture

Putin 3

Obama 0

Thu, 05/22/2014 - 15:22 | 4785917 BlindMonkey
BlindMonkey's picture

Wait. You wouldn't count the mass importation of cheap, unskilled labor as a win for Barry?

Thu, 05/22/2014 - 15:44 | 4786041 Portuguese Revo...
Portuguese Revolutionary's picture

You guys seem to forget that the US President is an accomplice in this whole thing...

Remember this? https://www.youtube.com/watch?v=MNxEDomUlXw

That's what he meant by more flexibility after the election! Isn't he being flexible?

Thu, 05/22/2014 - 16:21 | 4786195 Four chan
Four chan's picture

true, who ever they pick for us, to be president, is still some puppet they picked. reject the two party system restore the constitution. kick that deadbeat apple out of the country.

 

one day the word treason will regain its relevancy.

Thu, 05/22/2014 - 16:38 | 4786267 john39
john39's picture

Russia and China also blocked a UN resolution on Syria today.  

http://www.presstv.com/detail/2014/05/22/363744/veto-blocks-western-medd...

Thu, 05/22/2014 - 20:07 | 4786959 palmereldritch
palmereldritch's picture

Putin

Thu, 05/22/2014 - 16:47 | 4786303 zerozulu
zerozulu's picture

Once you bypass the $, you get worth the value of your stuff.

Thu, 05/22/2014 - 17:46 | 4786512 squib
squib's picture

Hey! Mos Eisley! Really though, we have found a more wretched hive of scum and villainy. 

Thu, 05/22/2014 - 12:38 | 4785190 New Ordnance
New Ordnance's picture

Exactly!

Check out "The Rocky Mountain Corn project".

http://rockymountaincorn.com/

Thu, 05/22/2014 - 13:16 | 4785326 dontgoforit
dontgoforit's picture

Looks like 'mini-reactors' - but I suppose collectively they can produce a ton of plutonium worthy material. 

Where are they getting all the water to cool these puppies?

Thu, 05/22/2014 - 14:17 | 4785561 TheMeatTrapper
TheMeatTrapper's picture

I'm sharing some of the corn I bought with a friend this weekend. Mine is growing like wild fire. Excellent corn.

Thu, 05/22/2014 - 14:31 | 4785611 SoilMyselfRotten
SoilMyselfRotten's picture

AIPAC is gonna have something (ridiculous) to say about this!

Thu, 05/22/2014 - 14:30 | 4785582 cowdiddly
cowdiddly's picture

Growing a crop of Tru-Gold Open pollinated corn as we speak.  I also have 20 stalks (Only got 20 seeds from the indian in a trade) of an extremely rare Hopi Indian parching corn growing just to get seed. Its a small corn that will still produce if for some reason fertilizers become hard to source. Got about 30 plants of hard to find(from Pre Civil war times) Whipporwill peas. These things will grow and still produce in a drought. I found about 50 old seed in a coffee can in my late grandfathers shed after he died 10 years ago. Seeds was so old only about half came up.  Growing lots of stuff this year just for seed to get enough for real crops next year.

I have been collecting rare seeds for a long time of things that will grow in shit conditions and never grew them out because I have better producing varieties. For some reason a little birdy told me to plant them this year to get more seed.

But, I'm just a dumb indian, what do I know?  Nothing, I know this dumb Indian is going to eat no matter what.

Thu, 05/22/2014 - 15:34 | 4785986 ZerOhead
ZerOhead's picture

Just knowing HOW to grow your own food by actually growing it is about the smartest thing anyone can do these days regardless of how much you grow.

Fortunately I have loads of water and rich organic acidic soils so it's blueberries and melons for me...

Thu, 05/22/2014 - 20:51 | 4787046 New Ordnance
New Ordnance's picture

cowdiddly,

You bring back a flood of memories.

I learned to grow blue corn in New Mexico and met a few of the Hopi Grandfathers from Old Oraibi? Second Mesa? David Monongye sp?. It was many years ago and don't know if my memory is accurate.

One thing I do remember though, is how good they were at bringing the rain down for the corn.  I still have little leather bags for juniper and corn meal that I used to bring to some of the ceremonials.

Those times seem like they were on another planet compared to life today.

Thu, 05/22/2014 - 21:06 | 4787076 New Ordnance
New Ordnance's picture

I am sure the diverse gene pool of the Painted Montain Corn we are growing up here in Montana has some of those Hopi ancestors. Painted Mountain was developed from over 50 lines of almost extinct western pioneer and Indian varieties ranging from Canada to Mexico.

It's encouraging to learn that you are committed to this kind of work in your area.

Thu, 05/22/2014 - 15:20 | 4785903 Kirk2NCC1701
Kirk2NCC1701's picture

"I study nuclear science, I love my classes
I got a crazy teacher who wears dark glasses
Things are going great, and they're only getting better
I'm doing all right, getting good grades
The future's so bright, I gotta wear shades"

Funny how the protest song by Timbuk3 got a completely different 'spin' by the MSM.  Some will recall that Bruce Springsteen's song "Born in the USA" was/is actually a protest song also, but got 'flipped' into a patriotic song.

And then you wonder why libertarians are skeptical or cynical.  We are neither.  (We have simply been mislabeled/misbranded by the MSM.)  Rather, we are just Realists.  And...

"Realists are Optimists with life experience", IMO.

 

Thu, 05/22/2014 - 12:31 | 4785157 pelican
pelican's picture

When you are O, what does it matter?  He is too busy looking out for the rights of the transexuals in the military, and JPM and Goldman Sachs returns.

 

 

Thu, 05/22/2014 - 13:20 | 4785347 Doña K
Doña K's picture

O'Bummer is just a boy scout facing a grizzly bear in the woods with his pants down. 

Thu, 05/22/2014 - 13:44 | 4785431 rocker
rocker's picture

Putin can jump too. 

Thu, 05/22/2014 - 18:35 | 4786716 noob
noob's picture

united in their quest for screwing you... too.

Thu, 05/22/2014 - 23:33 | 4787385 jeff montanye
jeff montanye's picture

down but not off would be a negative for a grizzly, imo.

rare, in any case.

Fri, 05/23/2014 - 21:07 | 4790222 IronForge
IronForge's picture

He's Playing 3-Dimensional Chess while TEAM_USA, running on Brzezinski, Cheney, and Nuland's guidance, had been playing a dishonest version of Checkers...

Thu, 05/22/2014 - 12:16 | 4785089 BigJim
BigJim's picture

If I were one of Israel's targets, the last thing I'd want are highly radioactive substances within my borders that they could bomb and spread.

Imagine the effect on Japan if 'someone' bombed Fukushima. U235 nukes are just disasters waiting to happen.

Thu, 05/22/2014 - 12:22 | 4785114 Cathartes Aura
Cathartes Aura's picture

I'd imagine the retaliation and subsequent fall-out might be intense.

for everyone.

Thu, 05/22/2014 - 12:34 | 4785169 New Ordnance
Thu, 05/22/2014 - 12:50 | 4785241 sushi
sushi's picture

My bet is that there will be thoughts along the following lines:

"Hmm. Cannot have rogue states bombing construction sites that house my workers. Therefore I need to defend my workers from atack. Therefore I need to deploy S-400 AAM to Iran. Problem solved."

Such action would make any air attack on Iran extremely costly.

Putin 4+

BarryO  10 -

 

Thu, 05/22/2014 - 14:52 | 4785726 shovelhead
shovelhead's picture

I wouldn't be surprised if those ss-400's are already in Iran and are up and active.

Keeps the foxes out of the henhouse.

Thu, 05/22/2014 - 23:41 | 4787396 jeff montanye
jeff montanye's picture

further upthread, should israel attack iran's nuclear facilities without itself first being attacked by iran, that would fracture israel's support in ways similar but graver than the ukraine has the u.s.'s.

 

Fri, 05/23/2014 - 21:21 | 4790267 IronForge
IronForge's picture

Frack that.

They'll probably station Intermediate Range Mobile Ballistic Missiles / TBMs and Cruise Missile Platforms supporting the Construction Sites - just to show a bit of deterrence...

...they can claim theyonly carry Conventional Warheads...

 

Thu, 05/22/2014 - 15:45 | 4786038 ZerOhead
ZerOhead's picture

I can't imagine after all those years of hearing Bibi whine about the existential threat to Israel that Iran's existence poses that 8 more reactors will decrease the probabilty of a "preventative" attack.

This deal pretty much is an IN YOUR FACE middle digit display to the NeoCons from Iran and Putin... so there is no way for Obama & friends to back down now without going into the history books as complete losers.

Wherever you decide to live... downwind of Iran is no place you want to be...

Thu, 05/22/2014 - 20:44 | 4787028 fattail
fattail's picture

If the cost to bomb the nuke site wasn't to high it would have already happened.  Eight more reactors just make the costs that much higher and the operation to take them out more dangerous and less likely to succeed.

Maybe Obama and his master's see this as the last best chance to start world war three and that is just something they can not pass up?

Thu, 05/22/2014 - 23:46 | 4787408 jeff montanye
jeff montanye's picture

with, if they fail in their main chance, the destruction of the petrodollar, the humiliation of the american empire and a world crash as a consolation prize. you wonder about their mental health.

Thu, 05/22/2014 - 12:26 | 4785133 john39
john39's picture

Iranians and Russians are no dummies, so you can bet this has been addressed.  Think about it.  The Iranians have stood, almost alone, against the global empire for decades... and they are still standing despite all that has been done to them.  there is more happening here than meets the eye.

Thu, 05/22/2014 - 12:37 | 4785185 Jonas Parker
Jonas Parker's picture

Given the Russian's propensity for faulty designs and construction (Chernobyl, anyone?) I'll put the Iranians on my prayer list... or maybe not...

Thu, 05/22/2014 - 12:55 | 4785263 Tarshatha
Tarshatha's picture

"Given the Russian's propensity for faulty designs and construction (Chernobyl, anyone?) "

There was nothing wrong with the design of Chernobyl. Human error, and poor judgement.

"To get accurate results from the test, the operators turned off several of the safety systems, which turned out to be a disastrous decision" No fucking kidding!

http://history1900s.about.com/od/horribledisasters/p/Chernobyl.htm

Thu, 05/22/2014 - 13:45 | 4785434 Redneck Hippy
Redneck Hippy's picture

"There was nothing wrong with the design of Chernobyl. Human error, and poor judgement."

And of course, the new Iranian masters of these reactors never make errors and will have excellent judgment.

Nukes have to be idiot-proof.  Witness Fukushima.

Thu, 05/22/2014 - 23:52 | 4787424 jeff montanye
jeff montanye's picture

true, and i'm no advocate of most nuclear power, but i've got to believe any russo-iranian installation of these reactors will be immensely more remote from the outside environment than ocean view, with a reduced sea wall, on the ring of fire.

Thu, 05/22/2014 - 13:53 | 4785472 ObamaDepression
ObamaDepression's picture

Except that they didn't even have a containment vessel the way EVERY OTHER NUKE PLANT IN THE WOLD HAS.

Thu, 05/22/2014 - 14:28 | 4785600 COSMOS
COSMOS's picture

So a two thousand ton reactor lid not good enough for you Obama?

Hey look at how well your containment vessel did in Fukushima, blown apart to smitherenes like they just weren't there

Here is a chernobyl model

http://i.imgur.com/rLrtR.jpg

more pics at the bottom of page

http://www.mylespaul.com/forums/backstage/210603-interesting-article-wri...

Thu, 05/22/2014 - 15:09 | 4785831 Quantum Nucleonics
Quantum Nucleonics's picture

Uh, actually there were numerous serious flaws with the design of Chernobyl.  Yes, human error was the trigger, but using graphite as a neutron moderator was the reason that the Chernobyl accident was as bad as it was.  The graphite caught fire when the core melted down.  The burning graphite lifted radioactive particles high into the atmosphere.  Had Chernobyl been a boiling water reactor , like Fukushima - it not even being a modern deisng, the accident would likely have been localized to the power plant.  Had the power switching equipment been properly designed, they wouldn't have needed the to do the test that triggered the accident.  If the reactor had a pressurized containment vessel and the control rods been properly designed, the human error wouldn't have triggered the meltdown.

 

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