Iran has taken steps to halt the expansion of its stockpile of highly enriched uranium, according to a confidential report by the International Atomic Energy Agency.
The offer to do so was conditional on western powers abandoning their push for a resolution against Iran at this week's meeting of the IAEA’s 35-nation board of governors over its lack of co-operation with the UN nuclear watchdog.
According to the IAEA, Iran is the only non-nuclear weapon state to enrich uranium to 60 per cent, a short step from the 90 per cent needed for atomic weapons, but the regime has always denied planning to build a nuclear weapon.
Iran has increased its stockpile of enriched uranium in recent months, reaching more than 32 times the limit set in the 2015 accord with world powers. The stockpile was estimated at 6,604.4kg as of October 26, up 852.6kg from the last quarterly report in August.
The confidential report follows a visit last week by IAEA head Rafael Grossi to Tehran for talks with President Masoud Pezeshkian and other officials.
During the visit, "the possibility of Iran not further expanding its stockpile of uranium enriched up to 60 per cent was discussed", the report said.
"On November 16, the agency verified that Iran had begun implementation of preparatory measures aimed at stopping the increase of its stockpile of uranium enriched up to 60 per cent," it added. "Exchanges between the agency and Iran on this matter are expected to continue."
The report comes on the eve of the board of governors' meeting, where European powers, backed by the US, seek to censure Iran for its poor co-operation with the UN nuclear watchdog.
The draft resolution backed by Britain, France, Germany and the US condemning Iran would also assign the body with the task of issuing a "comprehensive report" on Iran's nuclear activities, diplomats said.
The aim is to pressure Iran to return to the negotiating table to agree on new restrictions on its nuclear activities.
Britain's Foreign Office said on Tuesday that it is deeply concerned that Iran continues to increase its uranium stockpile, adding that this includes "High-enriched uranium which has no credible civilian justification".
"Iran’s stockpile brings it very close to having fissile material that could be used for a nuclear weapon and is unprecedented for a state without a nuclear weapons programme," the Foreign Office said in a statement. “We remain committed to taking every diplomatic step to prevent Iran from developing nuclear weapons, including through snapback if necessary."
US president-elect Donald Trump pulled the US out of the nuclear deal in 2018, which led to it unravelling. He has pledged to again take a more confrontational approach and align Washington even more closely with Iran's arch-foe Israel, which opposed the deal.
It comes as Iranian MP Mahmoud Nabavian on Monday called for Tehran to change its nuclear policy to allow it to develop "any weapon that creates deterrence" against attacks on the country.
His comments follow a series of similar remarks from senior officials, who said Iran should abandon its long-standing position against developing nuclear weapons, after coming under direct attack from Israel twice this year.
Results:
CSIL 2-star 145cm One Round with Jump-Off
1. Alice Debany Clero (USA) on Amareusa S 38.83 seconds
2. Anikka Sande (NOR) For Cash 2 39.09
3. Georgia Tame (GBR) Cash Up 39.42
4. Nadia Taryam (UAE) Askaria 3 39.63
5. Miriam Schneider (GER) Fidelius G 47.74
KLOPP%20AT%20LIVERPOOL
%3Cp%3EYears%3A%20October%202015%20-%20June%202024%3Cbr%3ETotal%20games%3A%20491%3Cbr%3EWin%20percentage%3A%2060.9%25%3Cbr%3EMajor%20trophies%3A%206%20(Premier%20League%20x%201%2C%20Champions%20League%20x%201%2C%20FA%20Cup%20x%201%2C%20League%20Cup%20x%202%2C%20Fifa%20Club%20World%20Cup%20x1)%3C%2Fp%3E%0A
The Settlers
Director: Louis Theroux
Starring: Daniella Weiss, Ari Abramowitz
Rating: 5/5
Company Profile:
Name: The Protein Bakeshop
Date of start: 2013
Founders: Rashi Chowdhary and Saad Umerani
Based: Dubai
Size, number of employees: 12
Funding/investors: $400,000 (2018)
UAE currency: the story behind the money in your pockets
How will Gen Alpha invest?
Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.
“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.
Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.
He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.
Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”
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The past Palme d'Or winners
2018 Shoplifters, Hirokazu Kore-eda
2017 The Square, Ruben Ostlund
2016 I, Daniel Blake, Ken Loach
2015 Dheepan, Jacques Audiard
2014 Winter Sleep (Kış Uykusu), Nuri Bilge Ceylan
2013 Blue is the Warmest Colour (La Vie d'Adèle: Chapitres 1 et 2), Abdellatif Kechiche, Adele Exarchopoulos and Lea Seydoux
2012 Amour, Michael Haneke
2011 The Tree of Life, Terrence Malick
2010 Uncle Boonmee Who Can Recall His Past Lives (Lung Bunmi Raluek Chat), Apichatpong Weerasethakul
2009 The White Ribbon (Eine deutsche Kindergeschichte), Michael Haneke
2008 The Class (Entre les murs), Laurent Cantet
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Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
BUNDESLIGA FIXTURES
Saturday
Borussia Dortmund v Eintracht Frankfurt (5.30pm kick-off UAE)
Bayer Leverkusen v Schalke (5.30pm)
Wolfsburg v Cologne (5.30pm)
Mainz v Arminia Bielefeld (5.30pm)
Augsburg v Hoffenheim (5.30pm)
RB Leipzig v Bayern Munich (8.30pm)
Borussia Monchengladbach v Freiburg (10.30pm)
Sunday
VfB Stuttgart v Werder Bremen (5.30pm)
Union Berlin v Hertha Berlin (8pm)
Top Hundred overseas picks
London Spirit: Kieron Pollard, Riley Meredith
Welsh Fire: Adam Zampa, David Miller, Naseem Shah
Manchester Originals: Andre Russell, Wanindu Hasaranga, Sean Abbott
Northern Superchargers: Dwayne Bravo, Wahab Riaz
Oval Invincibles: Sunil Narine, Rilee Rossouw
Trent Rockets: Colin Munro
Birmingham Phoenix: Matthew Wade, Kane Richardson
Southern Brave: Quinton de Kock
UAE currency: the story behind the money in your pockets