Iran Extends Submarine Range to Hit Tel Aviv and US Mediterranean Targets
DEBKAfile’s military sources report the Iranian Navy is in the process of deploying two submarine fleets
Iran: We've developed new missile with range of 2,000 km
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Scores of police hurt in Paris as riots spread through suburbs
Riots broke out in (get this) "ethnically diverse" neighborhoods.
More than 70 French police were injured in a second night of violence in suburbs north of Paris after angry youths threw stones and Molotov cocktails and fired guns at officers.
Sarkozy urges calm as riots return to Paris
President Nicolas Sarkozy, visiting China, called for calm, while police braced themselves for more unrest after hours of running street battles. The riots broke out on Sunday, hours after the two teenagers collided with a patrol car.
Keep an eye on Pakistan:
Pakistan's Musharraf to quit as army chief
Financial collapse, anyone?
HSBC Fund Bailout Raises Citi Questions
HSBC Fund Bailout Raises Questions About Whether Citigroup Should Follow Its Lead
If Citi changes its mind and put its SIVs on its balance sheet, it may be forced to take even bigger write-downs than the $8 billion to $11 billion it projected for the fourth quarter. The seven SIVs have, in total, about $83 billion in assets.
You know what works well in a financial collapse? War.
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