Archive for August, 2008
Russia Stages Raid Near Key Oil Pipeline
August 9th, 2008Via: AFP: Russian warplanes on Saturday staged a raid near a major international oil pipeline that runs through Georgia but did not damage it, Georgia’s prime minister said. The 1,774-kilometre (1,109-mile) Baku-Tbilisi-Ceyhan (BTC) oil pipeline is the world’s second longest and takes oil from Azerbaijan to Western markets. Prime Minister Lado Gurgenidze told Georgian television: […]
U.S. TELLS RUSSIA TO PULL FORCES OUT OF GEORGIA
August 9th, 2008Via: Reuters: The United States told Russia on Friday to withdraw its forces from U.S. ally Georgia and stop its air attacks on the tiny Caucasus state following fighting in the breakaway region of South Ossetia. “We call on Russia to cease attacks on Georgia by aircraft and missiles, respect Georgia’s territorial integrity, and withdraw […]
The Price Is the Same; It’s the Size That Shrinks
August 9th, 2008Via: New York Times: IMAGINE what would happen if the price of gasoline remained the same, but instead of selling it by the gallon, gas stations knocked down the size a few ounces. It might seem that you were paying the same amount — about $4 a gallon — but you wouldn’t be. You would […]
Energy Pipeline That Supplies West Threatened by Georgia Conflict
August 9th, 2008Via: Times: The conflict that has erupted in the Caucasus has set alarm bells ringing because of Georgia’s pivotal role in the global energy market. Georgia has no significant oil or gas reserves of its own but it is a key transit point for oil from the Caspian and central Asia destined for Europe and […]
RUSSIAN FORCES ATTACKING TARGETS THROUGHOUT GEORGIA
August 9th, 2008Via: CNN: Bombs rocked Tbilisi early Saturday morning as the fight between Georgia and Russia over a breakaway region intensified and moved into the Georgian capital. Government buildings, including the Parliament, were evacuated when the bombs fell. Heavy casualties have reported on both sides since Russian forces moved Friday into South Ossetia, a pro-Russian autonomous […]
Vista’s Security Rendered Completely Useless by New Exploit
August 8th, 2008Put a fork in it. Via: NeoWin: This week at the Black Hat Security Conference two security researchers will discuss their findings which could completely bring Windows Vista to its knees. Mark Dowd of IBM Internet Security Systems (ISS) and Alexander Sotirov, of VMware Inc. have discovered a technique that can be used to bypass […]
RUSSIAN ARMOR SENT INTO GEORGIA
August 8th, 2008It’s war. What will NATO do now??? Via: Telegraph: Russia sent troops and dozens of tanks into the breakaway Georgian province of South Ossetia today, throwing the two former Soviet neighbours into a sudden yet undeclared state of war. In the most serious regional crisis since the collapse of the Soviet Union in 1991, at […]
Two Additional United States Aircraft Carriers Are Heading to the Gulf
August 8th, 2008Right off the bat: Take it or leave it. I wasn’t going to post this because it’s almost like a “Fool me once / fool me twice” kind of thing every few months. I believe that there are always two carrier groups operating in and around the Persian Gulf. So, if this means that four […]
FIGHTING RAGES IN GEORGIAN SEPARATIST CAPITAL
August 8th, 2008Via: Reuters: Fighting raged in and around the capital of Georgia’s breakaway South Ossetia region on Friday as Georgian troops, backed by tanks and warplanes, pounded separatist forces in a bid to re-take the territory. A Reuters correspondent said the roar of warplanes and the explosions of heavy shells were deafening more than three km […]
U.S. Dollar Index: Bears, the Squeeze Is On
August 8th, 2008WARNING: This is not a recommendation to buy, sell or hold any financial instrument. NOTE: I’m posting this ASAP, without this week’s candle close fully printed. Who? What? Where? Why? How is the dollar going up? I have no idea, but let’s take a look at the big picture: U.S. Dollar Index, Weekly Interval While […]
