Moody’s has joined Standard & Poor’s in downgrading Greece.
Last week S&P’s downgraded Greece to default status. Today Moody’s rated Greek bonds at C, saying risk of default is too high even with new bailout loans: “Moody’s believes that Greece will still face medium-term solvency challenges: its stock of debt will still be well in […] Continue Reading…
The Russian bank, VTB 24, froze the accounts of Iranian embassy personnel in Russia.
“The bank said that this was an order from their top management, and they couldn’t do anything about it.”-Seyyed Mahmoud-Reza Sajjadi, Iranian Ambassador to Russia
Officials with VTB 24, a division of Russian state owned VTB, tried to downplay any connection to […] Continue Reading…
“I think for many years we just took it for granted that we were a training base and we didn’t have to face the loss of people. Then on the Easter weekend we lost six and then two more.”-Fay Tidd, Mayor of Oromocto, New Brunswick, Canada
From now until the end of 2012, about 950 Canadian […] Continue Reading…
March 3, 2012, Saudi Arabian time, fresh anti-Saudi and anti-U.S. demonstrations reported in several Saudi Arabian oil ports along the Persian Gulf.
The latest port cities involved are Qatif (Al-Qatif), Rabiyia (Al-Rabeeya) and Awamiyah (Al-Awamia). I’ve posted before how the U.S. media has been totally ignoring what’s been going on in the Pro-U.S. Saudi Arabia […] Continue Reading…
On March 2, 2012, in Dund district of southern Kandahar Province, a suicide car bomber attacked a NATO convoy.
At least four U.S./NATO/ISAF forces, one Afghan police officer, an Afghan civilian and and Afghan interpreter were wounded. The “Taliban” immediately claimed responsibility (as I’ve said before, those attacks where no one claims responsibility are suspicious), […] Continue Reading…
March 2, 2012, a report says the Department of Defense (DoD) has decided on a new round of troop deployments to Afghanistan.
The DoD decision was actually announced on February 16!
The U.S. Army has selected four Brigade Combat Teams (BCT), one separate brigade and an Army command, to be deployed between April and August 2012.
It […] Continue Reading…
“I expect to see very extensive injuries. I expect to see burn injuries, burn injuries that have gone on to heal inappropriately.”-Louis Riima, Nassau County Burn Unit
Doctors in New York are joining a mission to help Afghans who’ve been horribly wounded, no thanks to the 10 plus years of occupation by the United States […] Continue Reading…
Five Michigan National Guard soldiers (one actually being from Arizona), were wounded after being hit with a bomb.
They are assigned to the 1st Battalion, 125th Infantry Regiment.
Officials say the attack took place, in Kunduz Province, on February 26. Only now are they reporting it.
Five U.S. soldiers, accused of burning dozens of Qur’ans in Afghanistan, will not go on trial.
“For the soldiers, it will be serious, they could lose rank. But you’re not going to see the kind of public trial that some here seem to want.”-unnamed U.S. military source
In Pakistan, hundreds are protesting the burning of the […] Continue Reading…
French nuclear industry giant, Areva, announced record losses on March 2, 2012. They lost U.S.$3.2 billion!!!
The loss is directly tied to it’s incompetent African uranium mining operation (which looks like they bought a pig in a poke). The French government is investigating, because Areva is actually a French government corporation, and they used taxpayer […] Continue Reading…