An intelligence report given to the AP by “a nation closely monitoring Iran’s nuclear program” suggests that the Stuxnet worm which penetrated computer systems at Iran’s Bushehr nuclear plant could cause a massive meltdown once the plant becomes full operational:
Kiriyenko told the Iranian president that the Russian engineers employed at the reactor notified Moscow that Stuxnet was again attacking the Bushehr systems after apparently taking a rest from its first onslaught last June. There was no telling which systems had been infected, because a key feature of the virus is that the systems’ screens [...]
Since Hosni Mubarak is 82 years old and not in great health, it would appear that a great transition is going to take place soon anyway. The army knows this and is probably thinking that it might make sense to stay out of the fray as much as possible. Why not wait until things get [...]
WILL TURKEY GOBBLE UP EGYPT? The Fall of Egypt to Islamists has long been Predicted by Former Muslim Terrorist, who says More to Come
Former Muslim terrorist Walid Shoebat was once a member of the Muslim Brotherhood when he was in Chicago years ago. He not only knows their plans but has accurately been predicting [...]
Indeed, just when Wall Street and Washington seemed to have most investors convinced that “the [...]
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Egypt has substantial reserves to avoid an external payments crisis but these could be seriously depleted within weeks if political protests continue, while its banks may struggle to cope with a rush of withdrawals.
As politicians, executives and financiers networked at parties and panels last week in Davos, Switzerland, Barrie Wilkinson was in a nearby hotel, warning that a 2015 financial catastrophe may be looming.
“The fundamentals haven’t been addressed at all,” Wilkinson, a London-based partner at consulting firm Oliver Wyman, said in an interview at the Hotel Morosani [...]
Last week, Standard & Poor’s lowered Japan’s bond rating to AA-, the fourth-highest level. By that standard, the U.S. got away with a slap on the wrist from Moody’s Investors Service, which warned merely that “the probability of assigning a negative outlook in the coming two years is rising.”
If you look at the U.S. [...]
By Carl Walter and Fraser Howie
John Wiley & Sons, 19.99 ($29.95)
The financial crisis has delivered a heavy blow to the American model of capitalism. Chinese officials do not hesitate to trumpet the point as they rejoice in the shift in the balance of economic power to Asia. Yet there are questions [...]