Iran, Syria & Potential Action
On a more serious note (no pun intended)... Syria has switched all its foreign currency transactions to euros from dollars amid a political confrontation with the United States. The move is to help avoid settlement problems, according to the head of Commercial Bank of Syria, Duraid Durgham.
Most of the government's foreign currency flows goes through the Commercial Bank, whose US assets were frozen by Washington in 2004.
Meanwhile, Iran resumed some uranium enrichment work at its Natanz nuclear plant. Strategists at the Pentagon are drawing up plans for devastating bombing raids backed by submarine-launched ballistic missile attacks against Iran's nuclear sites as a "last resort" to block Teheran's efforts to develop an atomic bomb.
The most likely strategy would involve aerial bombardment by long-distance B2 bombers, each armed with up to 40,000lb of precision weapons, including the latest bunker-busting devices. They would fly from bases in Missouri with mid-air refuelling.
The White House says that it wants a diplomatic solution to the stand-off, but President George W Bush has refused to rule out military action and reaffirmed last weekend that Iran's nuclear ambitions "will not be tolerated".
VP Dick Cheney said the Iranian nuclear situation is dangerous, "No options, including military action are off the table, there doesn't seem to be any doubt what their intentions are."
Full Iran Report
Most of the government's foreign currency flows goes through the Commercial Bank, whose US assets were frozen by Washington in 2004.
Meanwhile, Iran resumed some uranium enrichment work at its Natanz nuclear plant. Strategists at the Pentagon are drawing up plans for devastating bombing raids backed by submarine-launched ballistic missile attacks against Iran's nuclear sites as a "last resort" to block Teheran's efforts to develop an atomic bomb.
The most likely strategy would involve aerial bombardment by long-distance B2 bombers, each armed with up to 40,000lb of precision weapons, including the latest bunker-busting devices. They would fly from bases in Missouri with mid-air refuelling.
The White House says that it wants a diplomatic solution to the stand-off, but President George W Bush has refused to rule out military action and reaffirmed last weekend that Iran's nuclear ambitions "will not be tolerated".
VP Dick Cheney said the Iranian nuclear situation is dangerous, "No options, including military action are off the table, there doesn't seem to be any doubt what their intentions are."
Full Iran Report
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