Events in Iran will come to the fore this week, but already some big news from the country. The IAEA will meet tomorrow to discuss the situation in Iran. It is reported that Iran has announced it plans to start processing 37 tons of uranium yellowcake, Western intelligence officials have estimated that amount of the processed uranium could build five nuclear bombs.
Meanwhile in an apparent show of force, to ward off any possible invasion by US forces, hundreds of thousands of Iran’s elite Revolutionary Guards began military maneuvers Sunday near the border with Iraq, with a top commander saying the exercise was designed to reinforce Iran’s resolve to defend itself against “big powers.”
We shall have to see what course of action the US take through the UN.