Since the collapse of the Soviet Union, a plague of press reports has warned of a black market in weapons-grade nuclear material in Russia. The Central Intelligence Agency claims that most of these stories are untrue. CIA Director R. James Woolsey went so far as to tell the Senate Intelligence Committee that his agency was "not aware of any illegal transfers in quantities sufficient to produce a nuclear weapon."
But top officials in Washington and Moscow fear that poorly policed borders and potentially staggering profits provide both opportunity and incentive for illegal trading. Many hustlers in Moscow brazenly offer to sell...
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