Israel is preparing to invade Lebanon with massive ground troops
Israel will not spare any kind of weaponry, including phosphorous and cluster bombs.
Israel is secretly evacuating its northern region residents.
Israel intends to create a new security zone inside Lebanon, south of the Litani to enhance her long term occupation.
While the war of words is escalating around the clock between Israel on the one side and Hezbollah and Syria on the other, analysts in the Middle East and Europe strongly believe that war is inevitable and will break out within a few months.
Continue reading about ‘A devastating war between Israel & Hezbollah is on the horizon’
Tags: Israel · Middle East · War
The Greek debt crisis has spread to Spain and Portugal in a dangerous escalation as global markets test whether Europe is willing to shore up monetary union with muscle rather than mere words
Julian Callow from Barclays Capital said the EU may to need to invoke emergency treaty powers under Article 122 to halt the contagion, issuing an EU guarantee for Greek debt. “If not contained, this could result in a `Lehman-style’ tsunami spreading across much of the EU.”
Credit default swaps (CDS) measuring bankruptcy risk on Portuguese debt surged basis points on Thursday to a record 222 on reports that Jose Socrates was about to resign as prime minister after failing to secure enough votes in parliament to carry out austerity measures.
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Tags: Economy · Europe
World’s top central bankers meet in Australia as renewed fears about the strength of the global economic recovery gripped world share markets
Representatives from 24 central banks and monetary authorities including the US Federal Reserve and European Central Bank landed in Sydney to meet tomorrow at a secret location, the Herald Sun reports.
Organised by the Bank for International Settlements last year, the two-day talks are shrouded in secrecy with high-level security believed to have been invoked by law enforcement agencies.
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Tags: Economy
The truth is that the U.S. government is in much bigger financial trouble than we have been led to believe
A lot of people are very upset about the rapidly increasing U.S. national debt these days and they are demanding a solution. What they don’t realize is that there simply is not a solution under the current U.S. financial system. It is now mathematically impossible for the U.S. government to pay off the U.S. national debt. You see, the truth is that the U.S. government now owes more dollars than actually exist.
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Tags: Corruption · Economy
A secret meeting between the Director of the Central Intelligence Agency (CIA) Leon Panetta and Israeli officials has reportedly centered on Iran’s nuclear program
In a secret flying visit to Israel on Thursday, the head of the CIA reportedly discussed Iran’s nuclear issue in a sit-down with Prime Minister Benjamin Netanyahu, Defense Minister Ehud Barak and Mossad Chief Meir Dagan.
The trip, which was originally scheduled to take place in May, follows a recent wave of developments in the Middle East that strongly imply preparations for a possible new military conflict in the region.
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Tags: Iran · Israel · Middle East · War
Iranian Defense Minister Vahidi says more than 90 foreign warships were detected in the Gulf region
Iran has reported a naval buildup in the Gulf. Officials said Western and allied forces have deployed scores of warships in the Gulf and Arabian Sea. They said nearly 100 warships have been conducting operations, many of which appear to be directed against Iran.
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Tags: Iran · Middle East · War
Haiti: possibly one of the world’s richest zones for hydrocarbons-oil and gas outside the Middle East
President becomes UN Special Envoy to earthquake-stricken Haiti.
A born-again neo-conservative US business wheeler-dealer preacher claims Haitians are condemned for making a literal ‘pact with the Devil.’
Venezuelan, Nicaraguan, Bolivian, French and Swiss rescue organizations accuse the US military of refusing landing rights to planes bearing necessary medicines and urgently needed potable water to the millions of Haitians stricken, injured and homeless.
Behind the smoke, rubble and unending drama of human tragedy in the hapless Caribbean country, a drama is in full play for control of what geophysicists believe may be one of the world’s richest zones for hydrocarbons-oil and gas outside the Middle East, possibly orders of magnitude greater than that of nearby Venezuela.
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Tags: Haiti · Oil
Venezuela may have just become the center of an energy-starved world. Orinoco belt previously not included in calculations
The Orinoco Belt, situated squarely underneath the South American nation, may hold some 513 billion barrels of crude oil, according to a new report by the U.S. Geological Survey (USGS).
That’s twice the size of Saudi Arabia’s oil reserves, placing Venezuela firmly atop the list of oil-rich nations.
The timing of the USGS announcement is striking. On Jan. 28, international firms will take part in an auction for contracts to drill in the Orinoco Belt. The deadline for auction registration was Jan 18, according to industry publication Petroleum World. Results will be announced on Feb. 10.
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Tags: Latin America · Oil · Venezuela
We eat corn and corn derivatives that have been genetically modified, which has been banned for being unsafe in other countries
Three types of Monsanto genetically modified corn are under scrutiny in the wake of a new study published by the International Journal Of Biological Sciences which found that rats ingesting the corn were subject to statistically significant amounts of organ toxicity. These three types — Mon 863, insecticide-producing Mon 810, and Roundup® herbicide-absorbing NK 603 — have been approved for consumption in the US and several countries in Europe.
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Tags: Gen-food
The day after US Secretary of Defense Donald Rumsfeld announced that the military had lost $2.3 trillion, the accountants responsible for tracking the money were killed when American Airlines Flight 77 crashed into the Pentagon.
Continue reading about ‘Pentagon Accountants Killed in 9/11 Attacks Day After Rumsfeld Admitted $2.3 Trillion Missing’
Tags: Cover-up / Intelligence Services