War Alert.....Housing Stimulous????
WASHINGTON (Reuters) - President George W. Bush on Monday froze a lucrative civilian nuclear pact with Russia, the first big penalty imposed on Moscow after its war with Georgia but one that can be reversed.
Trade wars never good start.....remember Japan......
The Russian state-run company building Iran's first nuclear plant said Monday that preparations for the reactor's launch had entered their final stage.
The director of the state-run Atomstroiexport company, Leonid Reznikov, said that by the end of the year, the company will have taken steps that will make the launch of the Bushehr plant irreversible.
President Shimon Peres has warned Prime Minister Ehud Olmert that a military attack on Iranian nuclear facilities is likely to trigger a wide-scale confrontation, A British newspaper reported Sunday.
The US is negotiating with Georgia and Turkey to establish a naval base at one of the two key Georgian ports of Batumi or Poti, reports say.
Chafing at the reactivation in recent weeks of a U.S. naval fleet in Latin American waters, President Hugo Chávez has confirmed that Venezuela could engage in naval exercises with Russian ships in the Caribbean before the end of the year.
Now how many homes will people buy during wartime?????