Iran Hiding Uranium Facility?

" Then with the breaking news out of the G-20 in Pittsburgh. Always use nuclear secrets and ran revealing it has built a secret uranium enrichment plant. That today the for the G-20. President Obama along with the leaders. Of France and Britain will call on Iran to open up the facility to international inspectors. Also today the president will announce the G-20 is becoming the go to group when it comes to solving the world's economic problems. Replacing. The GA. And the -- we'll keep meeting on issues such as national security. For more on all the action in Pittsburgh I want to welcome men and -- and managing editor of Dow Jones news fires going you could feel good to see you good morning. I thought wow this an announcement here that basically. Sarkozy Gordon Brown and Obama are going to say to our land. You need to open this facility. And and allow inspectors to go -- and what does that suggest why don't we found out that all the sudden this announcements coming up today."

" Yeah I think you know it's it's part of this ongoing. And so far fresh trading dialogue between even the allies about what to do with a -- I think and I think. This latest revelation. We'll just ahead you know more -- more fuel and more controversy to the administration's proposal to talk to Iran and other saying don't. And you know obviously remains to be seen with the Iranian response will be to this new collective pressure to open up."

" And and basically what you're saying it's -- secret. Facility to produce nuclear fuel so they believe that could be used to create nuclear weapons. "

" That's you know that's that's the implication of course obviously the Iranian side is always said that you know they're they're building -- nuclear facilities for peaceful energy means. That controversy showed continue and then of course in the broader global perspective it's once Russia's role going to be. The US saying that they won't build those missile defense systems in Eastern Europe. A lot of people saw that as a possible quid pro quo for the Russians than backing sanctions somewhere down the -- front so really in this very large. Geopolitical. Chess game at this point but the stakes theoretically quite high -- Russia and China backed him on sanctions against Iran that's that that seems to be. You know the consensus view and Russia obviously not fully -- its hands but the president of Russia. Most recently at the UN making some comments showing a little more flexibility on the potential for backing sanctions that he had in the past."

" Let's switch gears to the other top topics that are -- talking that and that is. The G-20 is going to replace the GA apparently an idea that was pushed by President Obama. Back in April. Why didn't hear about it before and and is this a smart move. Well."

" Yeah I think it consolidated live it will whether it's a smart move and I think it is I mean obviously. There's limits to multilateralism. In general there's only so much you know countries acting in the same interest -- going to cooperate on but having said that. G-20 recognizes new economic realities you know. How can you really try to plot. Cooperative. Or progress on on joint. Interest when you don't have China when you don't have Brazil we don't have these India you don't have these launch emerging. Economy so I think G-20 instead of viewed as smart also Wall Street Journal referred to the fact this morning. That. -- streamlined some of the meetings we get a point between G-8 G-20 that was just too many meetings."

" I couldn't agree more one of the things that's also coming out is act. What they're calling appear re dealing in essence this is to make sure I presume that economies that have. Eight trade surplus as opposed to a company's -- the trade deficit work with each other to either increase domestic consumption or reliance upon the US consumer. How is -- review go to work."

" Yeah that and it's still unclear we will get more today because of final communique. Is is coming out today and and as some of the reports that we saw overnight. Alluded to a lot of this is still subject to eleventh hour jockeying. You know I need that sort of plan with a bit of skepticism because. You know what. Will be enforcement mechanism be that hasn't been spelled out yet and to me if there were no enforcement mechanism. Then you get a lot of jawboning in fact over the years already China has criticized the US. For running launch trade and budget deficits as have other nations while the US has criticized China. For being too much export oriented for not letting their currency float freely so it's not as of countries don't already criticized each other's policies when they feel the need to."

" Mind you thank you very much continuing into the see that any third because the president is actually set to speak at 830 on this announcement on Iran. She's a little -- sure are willful."