“Despite major policy actions, financial markets in parts of the region remain under acute stress, raising questions about the viability of the monetary union itself.”-IMF statement
18 July 2012, the International Monetary Fund has declared the European Union (EU) economy as “critical”.
The IMF is also pushing for the creation of a single banking union for […] Continue Reading…
“This is an Iranian terror campaign that is spreading throughout the world! Israel will react powerfully against Iranian terror!”-Binyamin Netanyahu, Prime Minister of Israel
18 July 2012, Bulgarian bus explosion update: At least seven Israelis killed, 25 wounded. One bus exploded, two other buses on fire, Bulgarian fire fighters still working to put out fires!
18 July 2012, a group of U.S. Marines (Some reports say sailors. Some reports say soldiers, but USN & USMC personnel are not referred to as ‘soldiers’) on shore leave in Turkey were attacked.
A group claiming to be the Turkish Youth Association (TGB) attacked U.S. forces in the port city of Antalya. TGB members […] Continue Reading…
“We expect the organizers of the act of terror in Damascus to be identified and for them to face their deserved punishment.”-Russian Foreign Ministry statement
“Israel is closely monitoring all the developments in Syria.”-Ehud Barak, Israeli Defense Minister
“An explosion occurred in a passenger’s bus with Israeli citizens at the Burgas Airport.”-Dimitar Nikoliv, Mayor of Burgas, […] Continue Reading…
“…we are not in the habit of repeating a warning and we warn only once.”-Ataollah Salehi, Major General Iranian Army, 03 January 2012
There will soon be four U.S. aircraft carrier groups in the Persian Gulf. The USS Enterprise, the USS Dwight D. Eisenhower and the USS Abraham Lincoln will soon be joined by the USS John […] Continue Reading…
“The vast majority of the Iranian transactions, ranging from 75-90% over the years, were sent through HBUS [HSBC’s U.S. operation] and other U.S. dollar accounts without disclosing any connection to Iran.”-Department of Homeland Security report to U.S. Senate
17 July 2012, testimony in front of a U.S. Senate panel, by Homeland Security officials, revealed that HBUS […] Continue Reading…
“The problem of the Iranian LCs [Letters of Credit] created by the U.S. and western states’ sanctions against the banking system (of Iran) can be solved by using the banks operating in the Russian regions.”-Alexander Vitalivic, Russian Head of the Iran-Russia Regional Cooperation Workgroup
17 July 2012, Russian officials announced, at the Iran-Russia Regional Cooperation […] Continue Reading…
“The idea that Americans’ would want to keep total defense spending up so as to preserve local jobs is not supported by the data.”-Steven Kull, Program for Public Consultation
On 16 July 2012, the Program for Public Consultation (run through the University of Maryland) announced that surveys showed both Democrats and Republican voters want to […] Continue Reading…