Witney suggests, as most of us have, that the trip had sod all to do with
Whitney posits, convincingly in my opinion, that Bush’s trips to the
So, how important is it that oil continues to be denominated in dollars? Would the
The answer to this question could come as early as this week, since the long-awaited Iranian Oil Bourse is scheduled to open between February 1-11. According to
The petrodollar system is no different than the gold standard. Today’s currency is simply underwritten by the one vital source of energy upon which every industrialized society depends—oil. If the dollar is de-linked from oil; it will no longer serve as the de-facto international currency and the
As to whether the Bush administration would start a war to defend dollar hegemony; that’s a question that should be asked of Saddam Hussein.
And, although the western media now minimizes the prospects of another war in the region;
“The next war will see a massive use of ballistic weapons against the whole of Israeli territory,” claimed retired general Udi Shani.
According to an article on the Global Research site: “The flagship of Russia’s Black Sea Fleet, the Moskva guided missile cruiser, joined up with Russian naval warships in the Mediterranean on January 18 to participate in the current maneuvers….The current operation is the first large-scale Russian Navy exercise in the Atlantic in 15 years. All combat ships and aircraft involved carry full combat ammunition loads.
Exercises are scheduled to take place from Feb. 23 to March 5, and will involve 1,500 French, 2,500 Emirate, and 1,300 Qatari personnel operating on land, at sea and in the air, the ministry said…Around a half-dozen warships, 40 aircraft and dozens of armoured vehicles will be in the war games, Fusalba said.
The Jerusalem Post reports: “An American missile ship set to dock at Haifa port on Monday is equipped with anti-missile defence system that could be deployed in the region in the event of an Iranian missile attack against Israel….The US San Jacinto is an Aegis Cruiser in the Ticonderoga Class …It carries the most advanced underwater surveillance system available today and is equipped with the Aegis Missile System to protect against aircraft and missiles. The ship will remain in
Also, within the last week, three of the main underwater cables which carry Internet traffic to the region have been cut in the
Is this merely a coincidence or is it part of a broader military operation?
Ian Brockwell, of the American Chronicle said:
On the assumption that the cables cut were no accident, we must ask ourselves who would do such a thing and why. Clearly
Communication has always been an important factor in military action, and cutting these cables might affect Iran´s ability to defend itself.
Despite the lack of media coverage, the build-up for war in the Gulf has continued and the probability of a US-led attack on