Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Impeach George W. Bush -- Ignore unavailable to you. Want to Upgrade?

To: JBTFD who wrote (82778)	7/28/2007 3:38:36 PM
From: longnshort	Respond to of 93284

What does Niger export ? why did the iraqi trade mission go there ?

To: JBTFD who wrote (82778)	7/28/2007 3:41:38 PM
From: longnshort	Read Replies (1) \| Respond to of 93284

No doubt everyone is tired of the Niger uranium story. But this article by Terence Jeffrey in Human Events, linked to this morning by Real Clear Politics, caused me to think again about the practical reality of trade between Iraq and Niger. Jeffrey's article notes that in 1999, according to the U.N.'s International Atomic Energy Agency, an Iraqi named Wissam al Zawahie was sent on a "trade mission" to Niger. The article's main theme is that al Zawahie was one of the chief Iraqi advocates for the development of nuclear weapons by that country. Jeffrey also recounts that he tried to get more information on Zawahie's contacts with Niger from the U.N., which interviewed him in Baghdad, but the U.N. refused to disclose any information that had not already been made public. One of the unanswered questions that Jeffrey posed to the U.N. was: What did Zahawie say Iraq hoped to import from Niger? This caused me to wonder about Niger's export economy. Niger is one of the world's poorest countries; what, exactly, might it have to sell that Iraq would want to buy? Bearing in mind, of course, that there is no question that Iraq bought large quantities of uranium from Niger in the 1980's. Here is what the World Bank tells us: In 1991, Niger's exports totaled a minuscule $270 million, of which $199 million was uranium. By 2000, exports had crept up to $283 million, of which $90 million was uranium--the decline largely the result of falling prices. Other than uranium, the only exports substantial enough to merit mention by the World Bank were livestock products, at $49 million.