Georgia Stops $700,000 Uranium Sale in Latest Smuggling Case

World14 days ago

Security services in the Caucasus nation detained a resident who allegedly tried to transfer radioactive minerals to a foreign citizen. The suspected trade of uranium-238 was valued at $700,000 and was interrupted when agents intercepted the suspect in a vehicle; authorities released footage showing the arrest and the subsequent testing of two containers with a radiation detector.

The incident is the most recent of several nuclear smuggling cases in Georgia since the collapse of the USSR. While the seized uranium-238 is radioactive, it is generally not usable on its own to manufacture a nuclear bomb.

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45%Localized Smuggling Crackdown-0.0%
25%Russia-Iran Link Probed-0.1%
20%Sanctions Enforcement Tightens-0.0%

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Georgia Stops $700,000 Uranium Sale in Latest Smuggling Case

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Georgia Soviet Union

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Mapped to your portfolio

Possible scenarios

45%Localized Smuggling Crackdown-0.0%
25%Russia-Iran Link Probed-0.1%
20%Sanctions Enforcement Tightens-0.0%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.