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Economist Podcasts

The Intelligence: An interview with the director of the IAEA

May 28, 2024
Rafael Mariano Grossi, the Director of the IAEA, is at the forefront of nuclear oversight, navigating tensions surrounding Iran's nuclear program and global stability. He discusses the challenges of promoting peaceful atomic energy amid rising risks. Alongside Tom Lee-Devlin, global business correspondent, they dive into De Beers' struggles with diamond sales and the shift toward lab-grown gems. The conversation also explores Russia's innovative tank defenses, highlighting the complex interplay of military technology and modern combat challenges.
22:37

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Quick takeaways

  • Iran's nuclear program poses an urgent risk with advanced uranium enrichment capabilities, challenging international control efforts.
  • De Beers struggles due to reduced diamond demand amid rising popularity of lab-grown diamonds, prompting strategic marketing reevaluation for survival.

Deep dives

Iran's Escalating Nuclear Capabilities

Iran's nuclear program under the leadership vacuum is expanding rapidly, possessing 27 times more enriched uranium than allowed under the JCPOA agreement. Technical advancements in centrifuge capability now exceed the terms of the nuclear deal, enabling quick production of weapons-grade uranium. Concerns arise from Iran's enriched uranium stockpile, reaching 60% purity, close to weapons grade, indicating the country's increased nuclear capabilities.

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