Avid news watchers will most likely have heard of the Uranium One deal. This deal has come under scrutiny. Attorney General Jeff Sessions recently authorized the Justice Department to investigate allegations made concerning the Clinton Foundation's role in this deal. These allegations regard former Secretary of State Hillary Clinton's role in approving the sale of American uranium reserves to a Russian energy company.
The Canadian-based company Uranium One controls roughly 20 percent of U.S. uranium production capacity. Russia's nuclear energy agency purchased Uranium One in stages between 2009 and 2013. Since uranium is vital to national security, the U.S. government had to approve this purchase. The State Department and eight other government agencies did this in 2010.
Why is it important?
Debate concerning the legality of this deal has been highly politicized in the United States. But what matters most is that Russia's state-run nuclear agency bought out a company that controlled large amounts of uranium in Canada, the United States and Kazakhstan.
Even though Russia isn't currently allowed to legally export uranium mined in the United States, the Uranium One deal gave Vladimir Putin's Russia coveted uranium mines in Kazakhstan.
Iran is now seeking to buy uranium ore from Kazakhstan and expects Russia's nuclear energy agency will help them produce nuclear fuel. Russia has been a big support of Iran's nuclear program in the past. The U.S. government could have stopped Russia from gaining control of Uranium One's Kazakhstani mines. But the Obama administration decided not to.
What does the future hold?
That fact that the United States trusted Russia as a partner in the implementation of the Iran nuclear deal is one of the greatest scandals in history.
Now Russia controls a significant portion of the planet's uranium reserves. Russia's goal is to grab power across Eurasian. It doesn't mind throwing a few more kilograms of uranium at Iran or North Korea if it will distract the United States for a few months.
Public trust in government institutions is plummeting because of scandals like this. There is an unseen reason why troubles are intensifying as never before. To fully understand this cause, request editor-in-chief Gerald Flurry's book, America Under Attack.
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