Apres nous, le deluge?
If one were to give in to chicken little urges,..........
Last week, Moody's warned that if the United States fails to rein in the soaring cost of Social Security, Medicare and Medicaid, the nation's credit rating will be down-graded within a decade. No big deal there, I mean a huge bulge of population is only about to retire and need increasing amounts of medical care.
Financial Times:
McKinsey warns US may lose financial leadership
By Gillian Tett in London
Published: January 15 2008 17:38 | Last updated: January 15 2008 21:11
The US looks poised to lose its mantle as the world’s dominant financial market because of a rapid rise in the depth and maturity of markets in Europe, a study suggests.
The change may have occurred already, not least because US markets are beset by credit woes, according to research by McKinsey Global Institute, a think-tank affiliated to the consultancy.
US banks get $21bn foreign bail-out
By Ben White in New York
Published: January 15 2008 19:42 | Last updated: January 15 2008 20:04
Citigroup and Merrill Lynch turned to foreign investors for an unprecedented bail-out on Tuesday, saying they will raise a total of $21.1bn in fresh capital, mainly from outside the US, to shore up balance sheets devastated by the subprime mortgage crisis.
Citi also unnerved investors by warning of losses to come from consumer loans as it revealed a $9.83bn fourth-quarter loss, $18.1bn in subprime credit writedowns, a 40 per cent dividend cut and remaining exposure of $37bn to subprime mortgages.
Russia to deliver 82 tons of nuclear fuel to Iran by late February
MOSCOW — A leading Russian contractor said it has delivered the required equipment for launching the Bushehr reactor. The Toul Co. cited the delivery of nuclear fuel as well as cylinders to Iran.Officials said 82 tons of nuclear fuel would be delivered by late February 2008. They said this would enable initial operations of Bushehr by August in cooperation with the Russian prime contractor, the state-owned Atomostroiexport.
"Along with the second consignment of nuclear fuel for Bushehr power plant, part of important and necessary equipment for the nuclear reactor, including protective guide cylinders have been dispatched to the power plant," a Toul spokesman said on Dec. 29.
Any questions?
Actions have consequences-
Newsmax: Iran: Attack on Plant Would Be an 'Int'l Crime' Tuesday, 17 Aug 2010 An attack on Iranian nuclear facilities would be an "international crime," Iranian nuclear chief Ali Akbar Salehi was quoted as saying Tuesday. In an interview...
-
Newsmax: John Bolton: Russia's Loading of Nuke Fuel Into Iran Plant Means Aug. 21 Deadline for Israeli Attack Friday, 13 Aug 2010 By: David A. Patten News that Russia will load nuclear fuel rods into an Iranian reactor has touched off a countdown...
- Yes, But They Promise To Be Good
First law of russian foreign policy again Russia Makes 1st Nuke Shipment to Iran MOSCOW (AP) - Russia has made its first shipment of nuclear fuel to Iran's Bushehr plant, which is at the center of the international tensions over Tehran's nuclear...
- And If All That Is Not Enough ....iran Can Save 75% Of The Effort To Refine U-235 Because...
Nuclear fuel from Bushehr reactor could rapidly produce weapons-grade uranium LONDON — The operation of Iran's first nuclear reactor could rapidly advance the Islamic regime's campaign for nuclear weapons. Western analysts said the Bushehr nuclear...
- A Revealing Slip Of The Tongue?
[click the picture to watch the video] Following are excerpts from an interview with Iranian Foreign Minister Manouchehr Mottaki, which aired on Channel 2, Iranian TV on June 7, 2006. Manouchehr Mottaki: We emphasize the peaceful nature of our nuclear...