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The Proposed Iranian Oil Bourse - Print Version

The Proposed Iranian Oil Bourse - Print Version: "The Iranian government has finally developed the ultimate 'nuclear' weapon that can swiftly destroy the financial system underpinning the American Empire. That weapon is the Iranian Oil Bourse slated to open in March 2006. It will be based on a euro-oil-trading mechanism that naturally implies payment for oil in Euro. In economic terms, this represents a much greater threat to the hegemony of the dollar than Saddam's, because it will allow anyone willing either to buy or to sell oil for Euro to transact on the exchange, thus circumventing the U.S. dollar altogether. If so, then it is likely that almost everyone will eagerly adopt this euro oil system:

* The Europeans will not have to buy and hold dollars in order to secure their payment for oil, but would instead pay with their own currencies. The adoption of the euro for oil transactions will provide the European currency with a reserve status that will benefit the European at the expense of the Americans.
* The Chinese and the Japanese will be especially eager to adopt the new exchange, because it will allow them to drastically lower their enormous dollar reserves and diversify with Euros, thus protecting themselves against the depreciation of the dollar. One portion of their dollars they will still want to hold onto; a second portion of their dollar holdings they may decide to dump outright; a third portion of their dollars they will decide to use up for future payments without replenishing those dollar holdings, but building up instead their euro reserves.
* The Russians have inherent economic interest in adopting the Euro - the bulk of their trade is with European countries, with oil-exporting countries, with China, and with Japan. Adoption of the Euro will immediately take care of the first two blocs, and will over time facilitate trade with China and Japan. Also, the Russians seemingly detest holding depreciating dollars, for they have recently found a new religion with gold. Russians have also revived their nationalism, and if embracing the Euro will stab the Americans, they will gladly do it and smugly watch the Americans bleed.
* The Arab oil-exporting countries will eagerly adopt the Euro as a means of diversifying against rising mountains of depreciating dollars. Just like the Russians, their trade is mostly with European countries, and therefore will prefer the European currency both for its stability and for avoiding currency risk, not to mention their jihad against the Infidel Enemy."

Israel readies forces for strike on nuclear Iran - Sunday Times - Times Online

Israel readies forces for strike on nuclear Iran - Sunday Times - Times Online: "Israel readies forces for strike on nuclear Iran
Uzi Mahnaimi, Tel Aviv, and Sarah Baxter, Washington
ISRAEL’S armed forces have been ordered by Ariel Sharon, the prime minister, to be ready by the end of March for possible strikes on secret uranium enrichment sites in Iran, military sources have revealed."

"Intelligent design" not science: Vatican paper - Yahoo! News

"Intelligent design" not science: Vatican paper - Yahoo! News: "PARIS (Reuters) - The Roman Catholic Church has restated its support for evolution with an article praising a U.S. court decision that rejects the 'intelligent design' theory as non-scientific."

Google rebuffs feds over access to search data - Tech News & Reviews - MSNBC.com

Google rebuffs feds over access to search data - Tech News & Reviews - MSNBC.com: "Google rebuffs feds over access to search data
Bush administration wants details of what users look for

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Updated: 8:24 p.m. ET Jan. 19, 2006

SAN FRANCISCO - Google Inc. is rebuffing the Bush administration’s demand for a peek at what millions of people have been looking up on the Internet’s leading search engine — a request that underscores the potential for online databases to become tools for government surveillance."

Does lack of snow indicate Mount Fuji's about to blow? - MSN-Mainichi Daily News

Does lack of snow indicate Mount Fuji's about to blow? - MSN-Mainichi Daily News: "Some experts say that it would not be surprising for Mount Fuji to erupt at any moment.

'It's my personal belief that magma build-up inside Mount Fuji has already reached a critical stage,' Prof. Masaaki Kimura, a seismology professor at the University of the Ryukyus tells Shukan Post. 'Mount Fuji erupts about once every 300 years. And it's been about 300 years since Mount Fuji's last eruption. Volcanoes go in periods where they're active for about 300 to 400 years and then dormant for 300 to 400 years. But, it's a matter of simple arithmetic that Mount Fuji is due to erupt pretty soon.'

It seems the natural world fears that Fuji-san is about to blow, too. Since the start of 2004, frogs and stinkbugs once prominent in the area have virtually disappeared. Some see this as a sign that they've sensed something untoward is about to happen and they're avoiding the place like the plague. Observers have noticed this phenomenon, too.

'The most recent change has probably been the sudden disappearance of sparrows around the mountain since about the middle of October,' Hideaki Kuribayashi, a photographer who bases himself near Mount Fuji, tells Shukan Post. 'Normally, sparrows flock to this place, even in the middle of winter.' (By Ryann Connell)"

Britain, UK news from The Times and The Sunday Times - Times Online

Britain, UK news from The Times and The Sunday Times - Times Online: "A contract is still a contract – even if it is a contract to kill
By Alan Hamilton
A woman who hired a hitman to kill her has been awarded �2,000 because she is still alive
IT SOUNDS like the law of 1920s East Side Chicago, but it is also the law of England.

A contract is a contract, even if it is a contract to kill.

Break it, and if the mob don’t get you, Maidstone Crown Court will."