War pimp alert: US funding militia to destabilize Iran

The United States is clandestinely funding militant groups within Iran’s borders to destabilize the country, The Daily Telegraph says.

According to the daily, CIA officials are secretly funding militias among the numerous ethnic minorities clustered in Iran’s border regions in order to mount pressure on the country to give up its nuclear program.

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Saboteurs may have cut Mideast telecom cables: UN agency

DOHA (AFP) – Damage to several undersea telecom cables that caused outages across the Middle East and Asia could have been an act of sabotage, the International Telecommunication Union said on Monday.”We do not want to preempt the results of ongoing investigations, but we do not rule out that a deliberate act of sabotage caused the damage to the undersea cables over two weeks ago,” the UN agency’s head of development, Sami al-Murshed, told AFP.

Five undersea cables were damaged in late January and early February leading to disruption to Internet and telephone services in parts of the Middle East and south Asia.

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Slouching Towards Petroeurostan

By Pepe Escobar

19/02/08 “ICH” — — It was a discreet, almost hush hush affair, but after almost three years of stalling and endless delays, it finally happened. Now more than ever, it may also signal a true geoeconomic earthquake – way beyond a potentially shattering blow to US dollar hegemony.

This Sunday, the Iranian Oil Bourse – the first-ever oil, gas and petrochemical exchange in the Islamic Republic, and the first within OPEC – was launched by Iran’s Oil Minister Gholam-Hossein Nozari, flanked by Minister of Economy and Financial Affairs Davoud Danesh Ja’fari, the man who will head the bourse.

The bourse’s official name is Iranian International Petroleum Exchange (IIPE), widely known in Iran and the Persian Gulf as the Kish bourse. Kish island is a free zone (declared by the Shah) in an ideal laissez faire setting: lots of condos and duty-free malls, no Khomeini mega-portraits and hordes of young honeymooners shopping for made-in-Europe home appliances.

There was frantic speculation all over the world that the bourse would start trading in euros. But according to Nozari transactions at this early stage will be in Iran’s currency, the rial. Anyway the Iranian ambassador to Moscow Gholam-Reza Ansari has already advanced that “in the future, we’ll be able to use the ruble, Russia’s national currency, in our operations”. He added that “Russia and Iran, two major producers of the world’s energy, should encourage oil and gas transactions in various non-dollar currencies, releasing the world from being a slave of dollar”. Russia’s first deputy Prime Minister Dmitry Medvedev said last week that “the ruble will de facto become one of the regional reserve currencies.”

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