1625 GMT: Why the Nuke Talks Stalled. A significant detail from Reuters....
The agency reports, from a "Western diplomat", that European Union foreign policy representative Catherine Ashton, speaking for the 5+1 Powers (US, UK, Germany, China, Russia, France) proposed that Iran send abroad 2,800 kilogrammes of low-enriched (3-4%) uranium and 40 kilogrammes of 20% uranium.
As Iran, according to Reuters, has a stockpile of "more than 3000 kilogrammes" of low-enriched uranium, the 5+1 Powers were effectively telling Iran that up to 90% of its uranium stock should be sent outside the country for processing.
Compare that with the offer on the table in Geneva in October 2009, which led to further talks before discussions stalled the following months: the 5+1 proposed that Iran send 60% of its low-enriched uranium (then estimated at 2000 kilogrammes) to Russia and France --- later Russia and France --- for processing. (At that point, Iran had no confirmed stocks of 20% uranium.)
Given Tehran's insistence on enriching uranium inside its borders, it's not too surprising that the 5+1's offer --- far worse for Tehran than what was on the table 15 months ago --- has not been welcomed.
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