Nuclear Issues

10 Items

Blog Post - Iran Matters

Iran's Radioactive Financial Industry

| June 12, 2015

Aaron Arnold, Associate of the Project on Managing the Atom at the Belfer Center for Science and International Affairs, writes that while Iran may receive sanctions relief as part of a final nuclear deal, it needs to take actions to strengthen its financial laws and regulations in order for it to truly be integrated into the global economy. He argues that Iranian financial laws, specifically those relating to money-laundering, terrorism financing, and proliferation financing, remain weak and do not meet the standard of the international financial community. These legal weaknesses have caused Iran to remain designated by the U.S. Treasury as a "jurisdiction of primary money-laundering concern," making it much harder for the Iranian financial sector to operate using American currency or the American financial system, which, despite recent developments such as the launch of the Asian Infrastructure Investment Bank, maintains the dominant role in global finance. He concludes that without these reforms to Iran's banking sector, its benefits from the ending of sanctions will be much smaller than desired by Iranian policymakers.

Blog Post - Iran Matters

How to Know if Iran Breaks its Word: Financial Monitoring

| May 26, 2015

Aaron Arnold, Associate with the Project on Managing the Atom at the Belfer Center, and Nikos Passas, Professor of Criminal Justice at Northeastern University, argue in The Bulletin of the Atomic Scientists that an important, and generally overlooked, aspect of any deal with Iran is the role of banks and financial institutions in monitoring proliferation related transactions and keeping Iran from cheating on the agreement. They point out that banks are necessary for the monitoring and verification of a nuclear agreement because they provide the information used by sanctions enforcers to track illicit proliferation financing. At this point, several holes exist in detecting proliferation financing, including the lack of a clear template for banks and regulatory agencies to be searching for, and the lack of binding regulations for all forms of financial institutions, such as money remitters. They suggest that the Iranian nuclear deal offers a chance for these systematic holes to be plugged by centralizing analysis of data for proliferation financing and seeking reforms in the Iranian financial system.

Blog Post - Nuclear Security Matters

Bunn, Tobey, and Roth on Nuclear Smuggling

May 20, 2015

Matthew Bunn, William Tobey, and I have a new op-ed in The Hill’s Congress Blog, “Don’t weaken our defenses against nuclear smuggling.” We wrote it in response to proposed legislation that would prohibit funding for fixed radiation detectors to catch nuclear smugglers – both for installing new ones and even for maintaining the ones U.S. taxpayers have already paid billions to install.

Blog Post - Iran Matters

Imagining Russia, Iran, and the United States if the Nuclear Talks Fail

    Author:
  • Alexei G. Arbatov
| Mar. 03, 2015

Alexei Arbatov assess the potential developments in Russian, Iranian, and American relations should the nuclear negotiations break down. He argues that further Russian cooperation on coercing Iran is not likely when Russia and the West remain locked in a standoff over Ukraine, and suggests that Russia and Iran may move to build closer relations in the future.

Blog Post - Nuclear Security Matters

Reducing the Risk of “Dirty Bombs”

Mar. 10, 2014

In the spectrum of threats to nuclear security, highly radioactive materials such as cesium-137 and cobalt-60 represent a set of concerns and challenges which is much different from that of fissile materials like highly enriched uranium. Unlike the latter, they cannot be used to build a nuclear weapon. However, terrorists could use such sources to construct a so-called “dirty bomb”, an improvised explosive device which spreads the radioactive substances in a populated area. Although, according to most planning scenarios, such a “dirty bomb” would likely cause few radiation-related casualties, its economic effects could still be in the billions of dollars – especially if parts of a city needed to be shut down for weeks or months while they are being decontaminated.