Attack on Iran easier said than done

Credit:Asiatimes: By David Isenberg WASHINGTON – Despite renewed media speculation regarding possible Israeli attacks against Iran’s nuclear facilities as early as this spring, skepticism that such a campaign could actually be successfully carried out remains relatively high, raising the question of whether there is more bark than bite to Israeli […]

US wants SWIFT war on Iran

Credit: Asiatimes: By Pepe Escobar What was the parade of European poodles thinking – that Tehran would just roll over and absorb the European Union’s oil embargo, scheduled to start on July 1?  No wonder Brussels was caught as a Gucci deer in the headlights when the news started to […]

This Is The Cheapest City In The World

Asian and Middle Eastern cities dominate the list of the world’s ten cheapest cities, according to the Economist Intelligence Unit’s bi-annual cost of living report. It’s an interesting result, especially considering that half of the world’s ten most expensive cities are also in the Asia Pacific region—Tokyo and Singapore, for example. Read […]

A bank loan ….

A sardarji walks into a bank in New York City and asks for the loan officer. He says he is going to Europe on business for two weeks and needs to borrow $5,000. The bank officer says the bank will need some kind of security for such a loan, so […]

Euro Zone Economy Shrank in Fourth Quarter of 2011

http://pix04.revsci.net/H07707/b3/0/3/0806180/668072514.js?D=DM_LOC%3Dhttp%253A%252F%252Fwww.themuslimtimes.org%252Fwp-admin%252Fpost-new.php%26DM_CAT%3DNYTimesglobal%2520%253E%2520General%26DM_EOM%3D1&C=H07707FRANKFURT — Five members of the euro zone, including Italy, fell into recession in the final quarter of 2011, official data showed Wednesday, as the sovereign debt crisis and the imposition of austerity measures discouraged consumers from spending and businesses from investing. But the zone’s two largest economies, France and […]