Gyroscopic Investing

Moldova — Over the pulsating beat at an exclusive nightclub, the arms smuggler made his pitch to a client: 2.5 million euros for enough radioactive cesium to contaminate several city blocks.

....

“You can make a dirty bomb, which would be perfect for the Islamic State,” the smuggler said. “If you have a connection with them, the business will go smoothly.”

Moldovan police and judicial authorities shared investigative case files with the AP in an effort to spotlight how dangerous the black market has become. They say a breakdown in cooperation between Russia and the West means that it is much harder to know whether smugglers are finding ways to move parts of Russia’s vast store of radioactive materials.