October 12, 2008, 11:34 PM (GMT+02:00) IDF tanks at Kissufim DEBKAfile’s military sources report that Israel military scouts uncovered a high-powered anti-tank IED trap near Kissufim on the Israeli side of the Gaza border Sunday, Oct. 12. It was composed of four large interlinked devices rigged to blow up in sequence. A fifth bomb just inside Gaza was located to detonate when Israeli reinforcements and emergency teams came up to tend to the casualties from the first series of explosions. DEBKAfile Special Report October 13, 2008, 3:33 PM (GMT+02:00) The announcement in Washington Monday, Oct. 13, that this measure, part of the $700 bn bailout plan, was intended to help revive the flow of credit. Europe’s central banks unveiled similar rescue operations to shore up the banks decided on a eurozone summit in Paris Sunday. Asian, UK and European markets, followed by Wall Street, responded by lifting prices in early trading although economic experts warned that recession signs were clear on the horizon, and not much cash will be left in the government purse after this splurge on the banks to relieve its victims. DEBKAfile Special Report & Analysis October 11, 2008, 8:04 AM (GMT+02:00) G7 on mission to salvage financial system and markets The G7 finance ministers and heads of the International Monetary Fund and World Bank met in Washington Friday night, Oct. 10. Euro zone countries meet with the IMF in Paris Sunday. They are desperately fighting the climate of fear hanging over the sellers-only markets worldwide. Their plan entails partial government takeovers of crippled banks to restore the flow of credit. Can this plan work after seven black days, in which the global stampede wiped $4.5 trillion off the value of shares world wide and threatens to dump the world into the worst slump in living memory? Read DEBKAfile’s Special Analysis below DEBKA-Net-Weekly Exclusive October 9, 2008, 7:23 AM (GMT+02:00) Pirates board Faina arms ship On Oct. 3,DEBKA-Net-Weekly367 reported that the capture of the Ukrainian arms vessel, Faina, had placed Somali piracy at the center of the war on terror. On Oct. 9, sixteen days after the Faina’s capture, NATO defense ministers meeting in Budapest finally agreed to send warships “soon” to Somali waters to safeguard vessels threatened by pirates. The DEBKA-Net-Weekly exclusive is summarized now. To subscribe to DEBKA-Net-Weeklyclick HERE . TOP STORIES DEBKAfile Special Report and Analysis October 13, 2008, 1:17 PM (GMT+02:00) Acre downtown afterYom Kippur Eve Arab rampage A reinforced police contingent of 700 officers will remain in the northern Israeli town of Acre to keep the peace after four days of of Arab-Israeli clashes. Mayor Lankry accused the police of being too soft in handling the violence in the town. Dozens of arrests were made as Jewish and Arab youths pelted each other with stones. Three Arab apartments were torched and Jewish cars smashed. Mayor Lankry accused the police of being too soft in handling the violence in the town. DEBKAfile Special Report October 9, 2008, 10:54 PM (GMT+02:00) Syrian Russian-made T-80 tank After Syria moved tank units up to the Lebanese Beqaa Valley border Tuesday, Oct. 7, Israel raised the alert level on its borders with Syria and Lebanon and placed its Air Force and emergency first aid teams on standby in the event of Syrian or/and Hizballah attacks. Israeli embassies and Jewish institutions worldwide are also on high terror alert. Hizballah’s leader Hassan Nasrallah said recently that his promised retaliation for the death of Imad Mughniyeh “is coming.” Gaza Palestinians plant anti-tank IED trap on Israeli side of border
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Monday, 13 October 2008
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