Curbing Iran's nuclear ambitions | KBIA

Curbing Iran's nuclear ambitions

Oct 4, 2012

Hundreds of Iranian men took to the streets of Tehran on Wednesday to demonstrate their anger over Iran’s collapsing currency and deteriorating economic conditions. The chanting protesters marched to a major market area, where riot police had attacked suspected black-market currency traders.

The Iranian currency has lost more than one-third of its value since last week. Iran's government is blaming the plunging rial on currency traders and pressures from Western enemies. The U.S. State Department says the rial's decline is the result of international sanctions imposed over Tehran's disputed nuclear program.

At the same time, Israeli Prime Minister Benjamin Netanyahu proposed even tougher sanctions as a tactic this week — and the right-wing leader seemed to be de-emphasizing the military option.

To discuss these developments, Global Journalist was joined by two experts that have written extensively about Iran’s nuclear  threat and the possibility of a pre-emptive attack on the Islamic republic’s nuclear facilities.

Jay Bushinsky has been reporting from Israel for more than 40 years and is the editor of Media Group International.

Matt Gurney is a columnist and editor at Canada’s National Post.