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    Australian Government’s Employment, Economic Reasoning Behind UAE Uranium Sales May be Flawed

    Written by Investing News Network
    |
    May. 13, 2013 04:25AM PST

    The Sydney Morning Herald is questioning Australia’s decision to sell uranium to the United Arab Emirates, given its record on democracy and because of its political volatility.

    The Sydney Morning Herald is questioning Australia’s decision to sell uranium to the United Arab Emirates, given its record on democracy and because of its political volatility.

    As quoted in the market report:

    Despite the federal government’s repeated insistence that the uranium must and will only be used for peaceful purposes, there is clear evidence that international nuclear safeguards are stressed, under-resourced and effectively impossible to police. To simply state that Australian uranium will not be misused in the UAE because it is not in the UAE’s interests to misuse it is naïve and lacks credibility.

    To read the whole Sydney Morning Herald report, click here.

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