Thursday, February 11, 2010

02/11/10

* Iran is now a 'nuclear state' says Ahmadinejad as thousands take to the streets Iran is now a 'nuclear state', President Mahmoud Ahmadinejad announced this morning.

* EU President's secret bid for economic power The new President of the European Council, Herman Van Rompuy, is using the financial crisis sweeping the eurozone to launch an audacious grab for power over national budgets.

* Ahmadinejad warns Israel against any military move Iran's President Mahmoud Ahmadinejad said Israel should be resisted and finished off if it launched military action in the region.

* A Greek crisis is coming to America It began in Athens. It is spreading to Lisbon and Madrid. But it would be a grave mistake to assume that the sovereign debt crisis that is unfolding will remain confined to the weaker eurozone economies.

* Israel's Netanyahu keeping mum about Obama's virtual arms embargo Israel's government has kept its silence during a year-long ban on weaopns sales imposed by the United States at the same time the administration has approved $10 billion in weapons sales to Arab states.

* Time Magazine Digging Up Trouble in Jerusalem The United States-based Time Magazine complained this week that the archaeological activities of the City of David Foundation, also known as “Ir David” or “Elad,” are making life difficult for President Barack Obama.

* EU deal 'agreed' on Greece debt woes EU leaders have reached a deal on helping Greece tackle its debt crisis.

* China to push aside Japan as No. 2 economy China is likely to soon overtake Japan to become the world's second largest economy, a milestone that will only fuel growing fears about the economic might of the world's largest country.

* Dramatic images of World Trade Centre collapse on 9/11 released for first time We have seen the Twin Towers collapse hundreds of times on TV. The steel and glass skyscrapers exploding like a bag of flour, the dust and smoke pluming out across Manhattan.

* Global bank tax near, says Brown Gordon Brown said on Wednesday the world’s leading economies were close to agreeing a global bank tax.