By the editor | October 6, 2008 - 8:01 pm
Posted in Category: Front Page, Money, Politics

The Financial Markets are dominating the news. But other things are still happening.

From the Telegraph…

Pakistan’s foreign exchange reserves are so low that the country can only afford one month of imports and faces possible bankruptcy.

From Danger Room….

As if seizing a ship-load of tanks and small arms wasn’t bad enough. Pirates have attacked six more vessels off the coast of Somalia in just the past week, according to data from NATO. The now-infamous, weapons-clogged MV Faina remains in pirates’ hands. And international tensions are ratcheting up by the day.

From Haaretz…..

In an interview Friday with the daily Yedioth Ahronoth, Eisenkot presented his “Dahiyah Doctrine,” under which the IDF would expand its destructive power beyond what it demonstrated two years ago against the Beirut suburb of Dahiyah, considered a Hezbollah stronghold.

“We will wield disproportionate power against every village from which shots are fired on Israel, and cause immense damage and destruction. From our perspective, these are military bases,” he said. “This isn’t a suggestion. This is a plan that has already been authorized.”

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