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Iran has warned it will resume suspended nuclear activities and halt surprise UN inspections if it is referred to the UN Security Council.
The warning, issued by chief Iranian nuclear negotiator Ali Larijani, follows an agreement by six key powers to report Tehran to the council.


http://news.bbc.co.uk/1/hi/world/middle_east/4665086.stm


So many parallels with the run up to the Iraq War.
Folk should bail out of the US stock market while they can.



CF




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what is very interesting here is that China and Russia have changed their public positions to present a united Security Council front to the Iranians. The Iranian threat to break off negotiations is bluster without China and Russia.

the Iranian strategy had obviously been to try and split the Security Council. with China buying up lots of Iranian oil in the near future, why shouldn't iran try to bully its way around.

but now China and Russia have sent a clear message to the Iranians. Hopefully some creative thinkers can come up with a face saving way for Iran to come to an agreement with the rest of the world.

Facing a united front, perhaps Iran can be persuaded to accept the Russian proposal, which is to process uranium inside Russia close to the Iranian border. that seems like a reasonable compromise to me.


dov
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So many parallels with the run up to the Iraq War.
Folk should bail out of the US stock market while they can.

I remember you yelling at the top of your lungs not to buy Google at it's IPO price. You have a knack for investing. Looks like we'll all be bailing out of our foreign content and rebuying American stocks.

Mark
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I am curious. Who decides who is allowed into the Nuclear club?

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The known nuclear power club

United States Set off first nuclear blast in 1945. Conducted over 1,030 tests. Arsenal of about 12,070 warheads. Missile range of 8,100 miles.

Russia First test in 1949. Conducted 715 tests in total. Arsenal of about 28,240 warheads - but an estimated 18,000 of these are awaiting dismantlement or in reserve. Missile range of 6,800 miles

Britain First test in 1952. Conducted 45 tests in total. Arsenal of about 400 warheads. Missile range of 7,500 miles.

France First test in 1960. Arsenal of about 510 warheads. Missile range of 3,300 miles.

China First test in 1964. Conducted 45 tests, and helped Pakistan develop its nuclear capabilities. Arsenal of about 425 warheads. Missile range of 6,800 miles.


New nuclear states

India and Pakistan both exploded nuclear devices in 1998, openly declaring themselves to be nuclear powers.

Unlike the other nuclear powers, neither country has signed the CTBT or the NPT, and they are therefore not considered to be official nuclear states by the original five nuclear powers.


India First tested a "peaceful nuclear explosive device" in May 1974, and claimed its nuclear programme was for peaceful purposes only. Two subsequent tests in May 1998. Estimates of its nuclear arsenal vary from 60 to 250 warheads. It's missile range is between 1,500 to 2,000 miles.



Suspected nuclear aspirants

Pakistan Two tests in May 1998. As with India, no-one knows exactly how many warheads it has. It is thought to be somewhere between 10 and 15, but could be as many as 150. Missile range between 1,500 to 1,800 miles.


Israel Known to have nuclear weapons capability, but has never declared it or tested. It has an estimated arsenal of 100 warheads and a missile range of 940 miles.
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http://news.bbc.co.uk/1/hi/world/733162.stm
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Britain First test in 1952. Conducted 45 tests in total. Arsenal of about 400 warheads. Missile range of 7,500 miles.
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What in the world could Britain possibly need 400 nukes for? How many nukes can you drop on the IRA, or those pesky Welshman anyway?
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Folk should bail out of the US stock market while they can.


Or buy Haliburton.
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"Folk should bail out of the US stock market while they can."


"Or buy Haliburton."
___________________________


Or other US companies which are exceptionally well run, with skill sets that are not easily replaced, or dependent upon unskilled labor which can be dome cheaper off shore.

Yes they should buy Haliburton, a well run company in fields with high cost of entry, specialized expertise, a record of success that succeeds in working in all political climates, not only foreign and domestic, but Republican and Democrat.

Well run, highly skilled firms do well in all environments, you are quite right.
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"So many parallels with the run up to the Iraq War.
Folk should bail out of the US stock market while they can."


You may not have thought this one through Spotted. If the parallels to the Iraq war hold up then you need to be putting every dime you have into the US stock market. Since May 2003 the DOW is up at least 30%.
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