Iran major exporter of Cement & Carpets

“Today our country has become a main exporter of cement. By launching the second phase of Orumieh cement factory, Iran’s cement production capacity increased by one million tonnes!”-Mahmoud Ahmadinejad, President of Iran

With the end of the Iranian year (on March 19, 2012) came news of increased exports of products other than oil, and despite U.S. […] Continue Reading…

Global Economic War: Iran sitting on huge Gold reserves

“Three new net gold mines with 16 tons of proven reserves have been found in Saqqez city in Kurdistan province!”-Behrouz Borna, Deputy Head of Iran’s Geology Organization for Exploration Affairs

April 11, 2012, Iranian officials announced they found gold in them there hills!

Iran already has several gold mine operations.  The latest finds bring Iran’s estimated […] Continue Reading…

Oil & Gas Prices: Iran can stop all oil sales for three years, without harm to its economy

“Some people think that they can trouble Iran through oil sanctions but I should say that we have so much reserves that even if we don’t sell oil for two to three years, the country will be administered easily.”-Mahmoud Ahmadinejad, President of Iran, April 10, 2012

World War 3: Iran stops oil shipments to Germany, Iran imposes sanctions on 100 European companies

April 11, 2012, Iran follows through on threat to cut off oil to Germany, now Italy is next.

Iran also announced sanctions against 100 European Union companies.  Sasan Khodaei, Deputy President of Iran Trade Promotion Organization, said the companies will no longer be able to sell products to Iran.

One reason for the sanctions is that Iran […] Continue Reading…

No Longer Made in the U.S.A.? Former Ohio company now owned by China

Hydraulic Press Manufacturing (HPM) was a 135 year old Ohio plastics company, but it went bust in 2009.

However, you can still buy products with the HPM brand, but it’s not a U.S. company anymore.

In 2011 a Chinese company called Guangdong Yizumi Precision Machinery, bought all the rights to HPM and all its products.   Production […] Continue Reading…

World War 3: China demands “responsible protection” for Syria

“Recently, China and Russia vetoed a UN Security Council resolution draft on Syria. Some people accuse China and Russia of not being ‘cooperative’ or ‘responsible’. In my view, our decision was the responsible one. We should not forget the lesson in Libya.”-Le Yucheng, Assistant Foreign Minister of China

Chinese officials believe a U.S. led war […] Continue Reading…

Government Incompetence: Utah health worker releases private info, hackers steal even more info. 800,000 people affected

The U.S. state of Utah experienced a leak of personal information on the internet after a state Medicaid worker accidentally published the info of 280,000 people  on the internet.

The Federal Bureau of Investigation is also looking into a possible hack job as well, that affected another 500,000 people.

In total almost 800,000 people, who’ve applied […] Continue Reading…

Oil & Gas Prices: Iran officially stops oil shipments to Spain & Greece. Germany and Italy next.

April 10, 2012, Iran has officially halted oil exports to Spain and Greece.

The official government announcement comes after Iran canceled oil shipments to two Greek companies on April 5.

Back on March 16 Iran had named the next countries on its oil export ban list.  Those countries are Greece, Italy, Netherlands, Portugal and Spain.  This […] Continue Reading…

Oil & Gas Prices: Saudi oil pipeline blown up in Yemen, again. Yemen in full blown Civil War

“…an armed group fired more than three rocket propelled grenades on the pipeline, setting it on fire for the second time in less than two weeks.”-unnamed witness

For the second time this month, an oil pipeline, belonging to Saudi Nimir Petroleum Company, was blown up in Yemen.  April 11, 2012, a pipeline carrying crude oil from […] Continue Reading…

Class Warfare & Privatization: Greek police now operate on rental bases

“…with the decision of Ministers of Protection and Finance, the Greek police is available for hire by private clientele. However, this means if the Greek police is hired by those who can afford it, there are no available forces for those who cannot.”-Proto Thema, Greek news media outlet

The Greek news media outlet Proto Thema […] Continue Reading…

News you didn't know mattered