Monday, August 17, 2009
China Confidential
Islamist Car Bomb Kills 18 in Southern Russia
Nigerian Police Raid Islamist Compound
China Must Comply with EU Rules on Fishing
China, the world's leading exporter of marine fish products, needs to adapt its fisheries if it is to meet new EU regulations to combat illegal fishing, according to a report released on Monday.
Continue here.What's Behind New North Korean Moves?
Jon Herskovitz asks and answers the questions. Click here for his topical Q&A.Sunday, August 16, 2009
Another Brick in China's Firewall Falls
Iran Clerics Call for Supreme Leader's Removal
Iran's turbaned tyranny is in turmoil. Clerics are denouncing the Supreme Leader. Clickhere for the story.Egypt Bowing to Islamist Pressure
Chinese Demand for Iron Ore Softening
Swine Flu Vaccine Linked to Killer Nerve Disease
UK Foreign Secretary Defends Terrorism
UK Foreign Secretary David Miliband--whose Marxist father was a friend of a notorious South African Communist bomber and KGB officer--says terrorism is sometimes justifiable. Read all about it here.
Perfidy! Terrorism--the deliberate killing and injuring of civilians for political purposes--is never justified. The anti-Nazi resistance during World War II resisted the terrorist temptation. Miliband's comments are certain to encourage and embolden Islamist Iran's terrorist proxies, Hitlerian Hamas and Hezbollah, as well as the terrorist Taliban and Al Qaeda.Canadian Gold Miners Drawn to Peru
China Confidential has learned that several Toronto Stock Exchange-listed gold mining firms are increasingly focused on Peru in pursuit of their next big discoveries.
Like their Chinese counterparts, who are also attracted to Peru--but lack the local relationships that are crucial factors in mine-finding--the Canadian companies are hunting for potentially large mines, known as elephants. Peru, perhaps more than any country in the Western Hemisphere, is elephant country.
The Canadian miners are likely to do well in Peru because of their well-earned reputations for doing good--meaning, the firms are committed to strong socially and environmentally responsible policies and practices.Failed N. Korea-Iran-Syria Scud Test Killed 20
Twenty Syrians were killed and over 60 were injured in a failed Scud missile test carried out by Syria, Iran, and North Korea in May, Japan's Kyodo News reported on Friday.
The sources for the story are Japanese intelligence officials.
China Confidential analysts confirm that Japan has been closely monitoring North Korean nuclear/missile cooperation with Iran and Syria.
As reported by the news agency, one of two missiles strayed off its course due to a technical malfunction, landing in a Syrian town on the Turkish border. The victims were all civilians.
The incident was reportedly part of a botched attempt to test a new short-range ballistic missile developed together by the three countries.
The area struck by the missile--a marketplace--was immediately closed off to members of the public, who were told that a gas explosion had caused the wreckage.
It is still unclear where the other missile landed.Why Iceland?
The McGraw-Hill book and the Reuters review are must reading. Jack Reerink writes:Brashness, self-assurance and an entrepreneurial spirit -- those traits transformed Iceland from a tiny fishing nation into an outsized investment fund that blew up and briefly became the epicenter of the global financial crisis.
Asgeir Jonsson, chief economist of top bank Icelandic bank Kaupthing, details what happened in "Why Iceland?" (McGraw-Hill, $22.95), a very readable account that explains the financial engineering that led to Iceland's boom and bust.
Iceland, an island the size of Kentucky with 300,000 people, laid the groundwork for its financial miracle in the 1990s, when the government enacted reforms like tax cuts, a flexible labor market and privatizations.
Cheap money abroad helped do the rest, as did top-notch credit ratings, hedge funds' appetite for Iceland's high-yielding krona currency, an ever-rising stock market and flamboyant entrepreneurs like Jon Asgeir Johannesson, who installed a 10-foot Viking statue with a sword and electric guitar at his London office.
Continue here.Taliban Threaten to Attack Afghan Polling Places
Ahead of this Thursday's national election in Afghanistan, the medieval Taliban--an Islamist enemy that should have been destroyed right after 9/11 by any and all necessary means--is for the first time threatening to attack polling stations. The threat follows a suicide attack on NATO in the heart of the capital. Click here for the story.
Monday, 17 August 2009
An Islamist car bomb attack killed at least 18 people and injured more than 60 others in the southern Russian city of Nazran. Click here for the developing story.
AFP reports:
What's behind North Korea's conciliatory moves?
China's Green Dam has suffered a major blow. Read about it here.
Scared stiff that it could be betrayed by the Islamist-leaning Obama administration, Egypt is reportedly about to add to pressure on Israel to succumb to the Saudi peace-by-piece (of Israel) plan. Click here for the story.
Cinese demand for iron ore is easing or declining--and prices should follow. Click here for the story.
Why has the data been suppressed? Click here for the shocking news.
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