Israel-Iran dialectic

From Haaretz on Saturday 21 June:
(1) Oil prices jump after report of Israeli drill for Iran attack
Iranian cleric: Israel to receive ’slap in face’ if it strikes; IAEA chief ElBaradei: I will resign if Iran is attacked.

“Friday’s spike was not the first caused by tensions between Israel and Iran. Oil prices soared $11 on June [...]

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One bad move, and there could be a big problem…

Bloomberg News reported today that “The International Monetary Fund cut its forecast for global growth this year and said there’s a 25 percent chance of a world recession, citing the worst financial crisis in the U.S. since the Great Depression”.
Bloombert said that it found this prediction in “a document obtained by Bloomberg News at a [...]

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Report: food costs rising world-wide

“What’s rare is that the spikes are hitting all major foods in most countries at once”., the AP has reported today.
The story says that “In the long term, prices are expected to stabilize. Farmers will grow more grain for both fuel and food and eventually bring prices down. Already this is happening with wheat, with [...]

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UNGA President disappointed with attendance at meeting on finance for development

The spokesperson for the President of this annual General Assembly told journalists at UNHQ/NY on Tuesday that the President is, indeed, disappointed that there was not sufficient high-level attendance at the meeting that opened Tuesday.
The President’s “disappointment”, the spokesperson said, “reflects is the fact that he was expecting them, probably based on assurances, to be [...]

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Israel’s central bank may use Israel’s Postal Bank to supply shekels to Gaza

Reuters is reporting on Wednesday evening that the Bank of Israel is proposing to supply shekels to Gaza.
The story said that “Israel’s central bank has proposed using a state-owned institution to supply funds to Gaza banks after private lenders began severing ties to a territory that Israel labels an enemy entity, officials said on Wednesday. [...]

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The UN marks International Women’s Day on 8 March

…and the UN goes all-out in its lip-service to the idea of promoting women’s equality, still without being able to practice it, within its own Secretariat.
The “public information” units of every UN body and Agency churn out the press releases. Roundtable discussions are organized in every major UN office, with smiling women and pro-forma [...]

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UN report says slowdown in US housing may affect world economy — but makes no mention of the cost of the war in Iraq

A slowdown of the world economy is expected in 2007, José Antonio Ocampo, the Under-Secretary-General for Economic and Social Affairs, said at a press conference at UNHQ/NY on Friday, at the launch of a joint United Nations report, the World Economic Situation and Prospects 2007.  The cause he gave for this was the weakening of the United States [...]

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