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  • US and Russian warships line up in dispute over Georgia
  • Declassification Initiatives - NSA Technical Journal Articles Released
  • Hezbollah presence in Venezuela feared
  • UK warns Russia against starting new cold war
  • Russian vote sets up clash with west over Georgia
  • Plot to kill Barack Obama uncovered
  • Russia recognizes Georgian rebel regions
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  • Backlog of US homes for sale is worst on record
    Source: The Independent The number of unsold homes on the market in the United States is at levels not seen for at least 40 years, and prices are continuing to slide, according to a disheartening new survey. With participants throughout the financial system saying that the credit crisis cannot end until the US housing market stabilises, the [...]
  • Home prices plummet to a new record
    Source: money.cnn.com National U.S. home prices fell a record 15.4% in the second quarter compared with last year, according to a report released Tuesday. The latest S&P/Case-Shiller national home price index is down 18.2% from its peak in the second quarter of 2006, and there are no signs that the pace of home-price declines is easing. The [...]
  • Russian vote sets up clash with west over Georgia
    Source: The Guardian Russia was last night on another collision course with the west after Russian MPs voted unanimously to back independence for Georgia’s two breakaway republics of Abkhazia and South Ossetia. The move - which requires the approval of Russia’s president, Dmitry Medvedev - gives a strong domestic legal basis for the Kremlin to take [...]
  • Plot to kill Barack Obama uncovered
    Source: Telegraph One of the group said he was “going to shoot Obama”, who is in Denver, Colorado, for the Democratic National Convention, “from a high vantage point using a rifle sighted at 750 yards”. Police said that one of the suspects “was directly asked if they had come to Denver to kill Obama. He responded in [...]
  • U.S. consumers may pass on convenience and organic foods
    Source: Reuters Cash-strapped U.S. consumers could be turning their backs on two of the biggest trends in the food business — organics and convenience — in order to save money. Food industry executives and analysts interviewed in the past week pointed to those two categories as among the most vulnerable to consumers trying to stretch food budgets. [...]
  • Mexico’s Cantarell oil output falls again in July
    Peak oil anyone? Source: Reuters Crude output from Mexico’s struggling Cantarell oil field fell for the 10th month in a row in July to 974,000 barrels per day, energy ministry data showed on Tuesday. The fading jewel of Mexico’s oil industry, Cantarell is now producing half what it was yielding at its 2004 peak, pulling down overall output [...]
  • Declassification Initiatives - NSA Technical Journal Articles Released
    A few interesting tidbits for the UFO crowd… Source: NSA Technical Journal Articles Emergency Destruction of Documents - April 1956 - Vol. I, No. 1 Development of Automatic Telegraph Swithing Systems - July 1957 - Vol. II, No. 3 Chatter Patterns: A Last Resort - October 1957 - Vol. II, No. 4 Introduction to Traffic Analysis - April [...]
  • Hezbollah presence in Venezuela feared
    Source: Los Angeles Times Western anti-terrorism officials are increasingly concerned that Hezbollah, the Lebanon-based Shiite Muslim militia that Washington has labeled a terrorist group, is using Venezuela as a base for operations. Linked to deadly attacks on Jewish targets in Argentina in the early 1990s, Hezbollah may be taking advantage of Venezuela’s ties with Iran, the militia’s [...]
  • UK warns Russia against starting new cold war
    I said this last week, that what we are seeing is the beginning of a new cold war… Source: FT.com David Miliband, the British foreign secretary, led a chorus of support for Ukraine on Wednesday as western fears rose of possible Russian attempts to build on its victory in Georgia by threatening other neighbouring states. Speaking during a [...]
  • FDIC may borrow money from Treasury
    Source: Reuters Federal Deposit Insurance Corp (FDIC) might have to borrow money from the Treasury Department to see it through an expected wave of bank failures, the Wall Street Journal reported. The borrowing could be needed to cover short-term cash-flow pressures caused by reimbursing depositors immediately after the failure of a bank, the paper said. The borrowed money [...]

Source: guardian.co.uk

US and Russian warships took up positions in the Black Sea today in a risky war of nerves on opposing sides of the Georgia conflict.

With the Russians effectively controlling Georgia’s main naval base of Poti, Moscow also dispatched the Moskva missile cruiser and two smaller craft on “peacekeeping” duties at the port of Sukhumi on the coast of Abkhazia, the breakaway region that the Kremlin recognised as independent yesterday.

The Americans, wary of escalating an already fraught situation, cancelled the scheduled docking in Poti of the US Coast Guard vessel, the Dallas, and instead sent it to the southern Georgian-controlled port of Batumi, 200km (124 miles) from the Russian ships, where it delivered humanitarian aid.

“Let’s hope we don’t see any direct confrontation,” said Dmitri Peskov, the spokesman for the Russian prime minister, Vladimir Putin, as the Russians challenged the US policy of using military aircraft and ships to deliver relief supplies.

“The decision to deliver aid using Nato battleships is something that hardly can be explained,” said Peskov. “It’s not a common practice.”

Full Story…

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A few interesting tidbits for the UFO crowd…

Source: NSA Technical Journal Articles

• Emergency Destruction of Documents - April 1956 - Vol. I, No. 1
• Development of Automatic Telegraph Swithing Systems - July 1957 - Vol. II, No. 3
• Chatter Patterns: A Last Resort - October 1957 - Vol. II, No. 4
• Introduction to Traffic Analysis - April 1958 - Vol. III, No. 2
• Signals from Outer Space - April 1958 - Vol. III, No. 2
• Science and Cryptology - July 1958 - Vol. III, No. 3
• A New Concept in Computing - December 1958 - Vol. III, No. 4
• About NSA - January 1959 - Vol. IV, No. 1
• Antipodal Propagation - January 1959 - Vol. IV, No. 1
• Data Transmission Over Telephone Circuits - January 1959 - Vol. IV, No. 1
• Soviet Science and Technology: Present Levels and Future Prospects - January 1959 - Vol. IV, No. 1
• A Program for Correcting Spelling Errors - October 1959 - Vol. IV, No. 4
• The Borders of Cryptology - October 1959 - Vol. IV, No. 4
• Did Aleksandr Popov Invent Radio? - January 1960 - Vol. V, No. 1
• Book Review: Lost Languages - Fall 1960 - Vol. V. Nos. 3 & 4
• Book Review: Lincos, Design of a Language for Cosmic Intercourse, Part 1 - Winter 1962 - Vol. VII, No. 1
• A Cryptologic Fairy Tale - Spring 1962 - Vol. VII, No. 2
• Aristocrat - An Intelligence Test for Computers - Spring 1962 - Vol. VII, No. 2
• Why Analog Computation? - Summer 1962 - Vol. VII, No. 3
• Book Review: Pearl Harbor: Warning and Decision - Winter 1963 - Vol. VIII, No. 1
• Soviet Communications Journals as Sources of Intelligence - August 1964 - Vol. IX, No. 3
• Something May Rub Off! - Winter 1965 - Vol. X, No. 1
• Time Is - Time Was - Time Is Past Computes for Intelligence - Winter 1965 - Vol. X, No. 1
• Communications with Extraterrestrial Intelligence - Winter 1966 - Vol. XI, No. 1
• Extraterrestrial Intelligence - Spring 1966 - Vol. XI, No. 2
• The Library and the User - Spring 1968 - Vol. XIII, No. 2
• Mokusatsu: One Word, Two Lessons - Fall 1968 - Vol. XIII, No. 4
• Key to The Extraterrestrial Messages - Winter 1969 - Vol. XIV, No. 1
• Earliest Applications of the Computer at NSA - Winter 1973 - Vol. XVIII, No. 1

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Source: Los Angeles Times

Western anti-terrorism officials are increasingly concerned that Hezbollah, the Lebanon-based Shiite Muslim militia that Washington has labeled a terrorist group, is using Venezuela as a base for operations.

Linked to deadly attacks on Jewish targets in Argentina in the early 1990s, Hezbollah may be taking advantage of Venezuela’s ties with Iran, the militia’s longtime sponsor, to move “people and things” into the Americas, as one Western government terrorism expert put it.

As part of his anti-American foreign policy, Venezuelan President Hugo Chavez has established warm diplomatic relations with Iran and has traveled there several times. The Bush administration, Israel and other governments worry that Venezuela is emerging as a base for anti-U.S. militant groups and spy services, including Hezbollah and its Iranian allies.

“It’s becoming a strategic partnership between Iran and Venezuela,” said a Western anti-terrorism official who spoke on condition of anonymity due to the issue’s sensitivity.

Several joint Venezuelan-Iranian business operations have been set up in Venezuela, including tractor, cement and auto factories. In addition, the two countries have formed a $2-billion program to fund social projects in Venezuela and elsewhere in Latin America.

Those deepening ties worry U.S. officials because Iranian spies around the world have been known to work with Hezbollah operatives, sometimes using Iranian embassies as cover, Western intelligence experts say.

In June, Assistant Secretary of State Thomas A. Shannon said Iran “has a history of terror in this hemisphere, and its linkages to the bombings in Buenos Aires are pretty well established.”

“One of our broader concerns is what Iran is doing elsewhere in this hemisphere and what it could do if we were to find ourselves in some kind of confrontation with Iran,” Shannon said.

Fears about the threat from Hezbollah’s global networks intensified after the slaying in February of Imad Mughniyah, a notorious leader of the militia, in Damascus, the Syrian capital. Hezbollah and Iran accused Israel and promised revenge, putting Western authorities on guard against attacks on Israeli or Jewish targets around the world.

Full Story…

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I said this last week, that what we are seeing is the beginning of a new cold war…

Source: FT.com

David Miliband, the British foreign secretary, led a chorus of support for Ukraine on Wednesday as western fears rose of possible Russian attempts to build on its victory in Georgia by threatening other neighbouring states.

Speaking during a visit to Kiev, he called on the European Union and Nato to prepare for “hard-headed engagement” with Moscow following its military action in Georgia. “The Russian president says he’s not afraid of a new cold war. We don’t want one. He has a big responsibility not to start one,” he said.

Mr Miliband’s remarks coincided with warnings from Bernard Kouchner, French foreign minister, Olli Rehn, EU enlargement commissioner, and Carl Bildt, Swedish foreign minister.

They were all speaking after Moscow’s recognition on Tuesday of the independence of the breakaway Georgian territories of Abkhazia and South Ossetia in the first effort to redraw international borders in the former Soviet Union since its 1991 collapse.

Source: The Guardian

Russia was last night on another collision course with the west after Russian MPs voted unanimously to back independence for Georgia’s two breakaway republics of Abkhazia and South Ossetia. The move - which requires the approval of Russia’s president, Dmitry Medvedev - gives a strong domestic legal basis for the Kremlin to take control of the areas after Russia’s invasion of Georgia this month.

Russia’s upper house, or Federation Council, voted by 130-0 to call on Medvedev to support South Ossetia and Abkhazia’s independence. The Duma passed the same motion by 447-0. Both houses are known for their slavish loyalty to the Kremlin.

The US and the EU swiftly denounced the vote. George Bush said he was “deeply concerned” by the move, and the White House said the vice-president, Dick Cheney, would visit Tbilisi next week. The EU said the breakaway regions should remain in Georgia. The German government called the move “in no way appropriate to either calming or defusing tensions”.

But there were strong signs last night that Moscow remains unmoved by the threat of western sanctions, which have been growing since Russia invaded Georgia after Georgia’s military incursion into South Ossetia this month.

The US, France, Britain and other EU countries are considering punitive measures. These include ending Nato cooperation with Moscow, freezing Russia’s application to join the World Trade Organisation, and suspending its participation in G8 summits.

…

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• Get Out of Dodge!

  • U.S. consumers may pass on convenience and organic foods
    Source: Reuters Cash-strapped U.S. consumers could be turning their backs on two of the biggest trends in the food business — organics and convenience — in order to save money. Food industry executives and analysts interviewed in the past week pointed to those two categories as among the most vulnerable to consumers trying to stretch food budgets. [...]
  • Mexico’s Cantarell oil output falls again in July
    Peak oil anyone? Source: Reuters Crude output from Mexico’s struggling Cantarell oil field fell for the 10th month in a row in July to 974,000 barrels per day, energy ministry data showed on Tuesday. The fading jewel of Mexico’s oil industry, Cantarell is now producing half what it was yielding at its 2004 peak, pulling down overall output [...]
  • FDIC may borrow money from Treasury
    Source: Reuters Federal Deposit Insurance Corp (FDIC) might have to borrow money from the Treasury Department to see it through an expected wave of bank failures, the Wall Street Journal reported. The borrowing could be needed to cover short-term cash-flow pressures caused by reimbursing depositors immediately after the failure of a bank, the paper said. The borrowed money [...]
  • Google Earth increasingly compliant with censorship requests
    Source: The Raw Story Google has becoming increasingly compliant to government requests to block purportedly sensitive information — including images of Tibet, military installations and even a General Electric research plant — according to a new report prepared by the Open Source Center for the Bush Administration’s Director of National Intelligence Mike McConnell and reports circulated [...]
  • Proposals in the UK to monitor all communications
    Source: guardian.co.uk In the Queen’s speech this autumn Gordon Brown’s government will announce a scheme to institute a database of every telephone call, email, and act of online usage by every resident of the UK. It will propose that this information will be gathered, stored, and “made accessible” to the security and law enforcement agencies, local [...]
  • 100 Already arrested in Denver
    Source:  huffingtonpost.com The Associated Press reports that, as of early Tuesday, about 100 people have been arrested following the breakup of a protest by Denver police. The confrontation erupted Monday night as police in riot gear tried to disperse a crowd of about 300 people that was disrupting traffic near the Denver City and County Building. Police said [...]
  • Military helicopter training to continue over Portland
    Source: kgw.com Don’t worry — Portland is not under attack. Low flying military helicopters buzzing downtown Portland looked like a scene out of a movie. Monday night’s drama was all part of a military exercise. Newschannel Eight has learned, the Army and Navy are conducting Urban Military Training in Portland and Salem from August 17-30. The training will include “low [...]
  • Backlog of US homes for sale is worst on record
    Source: The Independent The number of unsold homes on the market in the United States is at levels not seen for at least 40 years, and prices are continuing to slide, according to a disheartening new survey. With participants throughout the financial system saying that the credit crisis cannot end until the US housing market stabilises, the [...]
  • Home prices plummet to a new record
    Source: money.cnn.com National U.S. home prices fell a record 15.4% in the second quarter compared with last year, according to a report released Tuesday. The latest S&P/Case-Shiller national home price index is down 18.2% from its peak in the second quarter of 2006, and there are no signs that the pace of home-price declines is easing. The [...]
  • Home prices fell at record pace in 2nd quarter
    Source: Reuters Prices of U.S. single-family homes plunged a record 15.4 percent in the second quarter from a year earlier, surpassing the steep drop in the first quarter, according to the Standard & Poor’s/Case Shiller national home price index reported on Tuesday. In June, the S&P/Case Shiller composite index of 20 metropolitan areas slipped 0.5 percent from [...]