With the citizens of Bombay still mopping up the blood on their streets and counting the corpses in their hotels, attention has quickly turned to who is behind last week’s terror attacks. India says it has evidence that the gunmen who tore through its richest city were trained in Pakistan, and raised its security status [...]
DEBKAfile’s military sources report that on Sunday, Nov. 30, Asia’s two nuclear powers, India and Pakistan, took their first steps towards a conventional war. India, claiming evidence of Pakistan’s involvement in the Islamist terrorist assault on Mumbai, placed its air and missile units on war preparedness, while Pakistan, disclaiming the charge, diverted its armed divisions [...]
A leaked intelligence document issued by Spain’s CNI spy agency in October warns that Russia is aggressively pursuing a plan to “monopolize access to energy supplies to Europe.” The report validates what many analysts have been saying for a long time, namely that Moscow is using Russian energy companies to gain geo-strategic control [...]
This is the story of Somalia’s booming, not-so-underground pirate economy. The country is in chaos, countless children are starving and people are killing one another in the streets of Mogadishu, the capital, for a handful of grain.
But one particular line of work — piracy — seems to be benefiting quite openly from all this [...]
The drug violence that has left nearly 4,000 people dead this year in Mexico is spreading deep into the United States, leaving a trail of slayings, kidnappings and other crimes in at least 195 cities as far afield as Atlanta, Boston, Seattle and Honolulu, according to federal authorities.
The involvement of the top four Mexican [...]
The crisis involved the collapse of Iceland’s banks and currency. The banks are slowly being rebuilt, but the crown has effectively ceased trading, creating headaches for importers.
Whether the currency is stabilised quickly or not, a bleak winter looms. Annual consumer price inflation exceeds 17 percent and is at its highest since 1990. Unemployment [...]
The P-1 centrifuge is the workhorse of Iran’s enrichment program. It’s run in cascades of 164 machines.
In February, Iranian officials confirmed that they have started using the IR-2 centrifuge, which can churn out enriched uranium at more than double the rate of P-1.
Iran has said it plans to move toward large-scale uranium enrichment [...]
The NIC notes that this transformation of world politics is the result of a massive transfer of wealth from West to East, from Europe and North America to Asia. The United States has transferred $1.2 trillion to China since 2001 by running massive trade deficits. These deficits have not only given Beijing the largest currency [...]
Russia and the Global Economic Crisis
Any international economic crisis afflicts different countries in different ways, but an unfortunate few experience every painful dimension of it. In the current crisis, Russia is confronting virtually all the negatives at once–sharply declining export earnings from energy and metals, over-leveraged corporate balance sheets and a chorus of [...]
The NIC report has made people sit up because it comes from the heart of the US security establishment. But it is part of a broader intellectual trend in America: a “new declinism”. This mood marks a complete break with the aggressive [...]