“It is the first large contract Russia signed directly with the U.S. Department of Defense.”-Sergei Prikhodko, a foreign policy aide to Russian President Dmitry Medvedev
Many critics have claimed the War on Terror is just an excuse to provide new markets for an ailing U.S. military industrial complex. But the latest arms deal might prove […] Continue Reading…
“Given the military targets, and that millions of compromised keys are in circulation, this is not over.”-Rick Moy, NSS Labs
Reuters reporting that several U.S. military contractors have been hacked. The cyber attack might have snagged codes for high tech weapons being used in Afghanistan and Iraq.
ECM corporation admits that several of its RSA security […] Continue Reading…
Notice that there is no mention of any protesters on the U.S. main stream media? At least nothing that involves protesting President Obama, or the Federal Government, or the War on Terror, etc.
The lack of coverage even had several foreign media sites doing round table discussions as to why it seems no one in […] Continue Reading…
Already for 2011, 43 banks have failed. According to the FDIC, 157 banks failed in 2010, 140 failed in 2009, 25 in 2008 and only 3 in 2007. Notice a trend?
According to Forbes, the U.S. banking industry has, for the first time in 27 years, reported a drop in revenue. Down 3.2% for the […] Continue Reading…
Reality Trac says U.S. property foreclosures hit 3.82 million in 2010. A record.
It’s a continuing trend since 2006. The percentage of foreclosure filings just keeps going up: 2.23% of all U.S. housing units received at least one foreclosure filing during 2010. 2.21% in 2009. 1.84% in 2008. 1.03% in 2007. 0.58% in 2006.
“Afghanistan places greatest trust in Iran, and the aid by the Islamic Republic of Iran for the reconstruction of Afghanistan has been practical and operational.”-Afghan President Hamid Karzai
On May 25, Karzai met with Chairman of the Iranian Parliament National Security and Foreign Policy Commission, Alaeddin Boroujerdi.
European-Iranian Trade Bank AG (EIH Bank), based in Hamburg Germany, says it will not abide by European Union sanctions against Iran.
Earlier in the week the EU froze the bank’s assets. Bank officials say it will not stop them: “Nothing has changed; the same Bundesbank office which approved our transactions during the investigation […] Continue Reading…
“China’s hold or ownership is only 8 percent of our outstanding debt and in no way does China’s position influence U.S. foreign policy.”-Gary Locke, U.S. Commerce Secretary
The United States Commerce Secretary made the statement while being interviewed by the Senate Foreign Relations Committee, for the job of U.S. ambassador to China.