Israel Under Siege

Islamic militants fired more than 110 rockets and mortars into Israeli territory over the past four days in attacks that injured eight Israelis, according to a report issued by the Israeli Defense Forces Strategic Division.

The unprovoked attacks have been dispersed throughout the Jewish state’s southern territory and have forced more than a million civilians into bomb shelters. One soldier has been critically injured in the barrage.

The Israel Project says that 898 rockets have fallen on Israel thus far in 2012—over 200 more than hit Israel in the entirety of 2011.

The Obama administration has yet to issue a statement about the attacks. Ambassador to Israel Dan Shapiro recently expressed sympathy via Twitter to those affected by the near-constant assault.

The most recent barrage comes on the heels of a three-month calm between Israel and Palestinian terrorists in the Gaza Strip and the West Bank.

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Iran Launches Massive War Simulation

Iran launched massive military “wargames” on Monday, involving thousands of troops, aircraft and surveillance equipment aimed at testing the country’s ability to repel an air attack against “hypothetical sensitive sites,” according to its state news agency.

The maneuvers seem to have been planned before Iranian jets reportedly fired on an unmanned U.S. drone earlier in November, and come on the heels of Austere Challenge 2012 in Israel, the largest ever missile defense exercise organized by Israel and the U.S. that began in October.

The Iranians call their surface-to-air system “Mersad,” or Ambush, says Gen. Farzad Esmaili, chief of the country’s air defense headquarters, according to Iranian state TV. It is modeled after the U.S. Hawk system, and reportedly can lock on to a flying object 50 miles away and hit it from 30 miles away.

“The Iranians are demonstrating to themselves and the world that their air defenses are at the highest state of readiness,” says Omar Lamrani, a military analyst with Stratfor.

“There’s a psychological propaganda aspect to that, but there’s also a real aspect to that,” he says. “These exercises also serve the crucial role of training their pilots and training their air defense forces.”

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Israel Fires First Shot at Syrian Military Since 1973 Yom Kippur War

IDF ground forces fired a warning shot at the Syrian military on Sunday for the first time since the 1973 Yom Kippur War.

They shot the guided missile after a stray Syrian shell from civil strife in that country exploded on the Golan Heights for the second time in recent days.

The shell hit as Israel suffered a barrage of missiles from Gaza, putting the IDF in the position of monitoring enemy fire along both the northern and southern borders.

“In the midst of Syrian infighting, a mortar shell fired by the Syrian Army struck near an [IDF] outpost at Tel Azeka,” IDF spokesman Brig.- Gen. Yoav Mordechai said.

The shell failed to cause injuries or damage. It was one of a series that hit Israeli territory.

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Obama’s America? Ripped Apart by Financial Crisis, Greek Society in Free-fall

photo credit: endiaferonATHENS, Greece – A sign taped to a wall in an Athens hospital appealed for civility from patients. “The doctors on duty have been unpaid since May,” it read, “Please respect their work.”

Patients and their relatives glanced up briefly and moved on, hardened to such messages of gloom. In a country where about 1,000 people lose their jobs each day, legions more are still employed but haven’t seen a paycheck in months. What used to be an anomaly has become commonplace, and those who have jobs that pay on time consider themselves the exception to the rule.

To the casual observer, all might appear well in Athens. Traffic still hums by, restaurants and bars are open, people sip iced coffees at sunny sidewalk cafes. But scratch the surface and you find a society in free-fall, ripped apart by the most vicious financial crisis the country has seen in half a century.

It has been three years since Greece’s government informed its fellow members in the 17-country group that uses the euro that its deficit was far higher than originally reported. It was the fuse that sparked financial turmoil still weighing heavily on eurozone countries. Countless rounds of negotiations ensued as European countries and the International Monetary Fund struggled to determine how best to put a lid on the crisis and stop it spreading.

The result: Greece had to introduce stringent austerity measures in return for two international rescue loan packages worth a total of €240 billion ($313 billion), slashing salaries and pensions and hiking taxes.

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Obama Wins, U.S. Now Backing New U.N. Arms Treaty Talk

“caveman chuck” cokerUNITED NATIONS (Reuters) – Hours after U.S. President Barack Obama was re-elected, the United States backed a U.N. committee’s call on Wednesday to renew debate over a draft international treaty to regulate the $70 billion global conventional arms trade.

U.N. delegates and gun control activists have complained that talks collapsed in July largely because Obama feared attacks from Republican rival Mitt Romney if his administration was seen as supporting the pact, a charge Washington denies.

The month-long talks at U.N. headquarters broke off after the United States – along with Russia and other major arms producers – said it had problems with the draft treaty and asked for more time.

But the U.N. General Assembly’s disarmament committee moved quickly after Obama’s win to approve a resolution calling for a new round of talks March 18-28. It passed with 157 votes in favor, none against and 18 abstentions.

The main reason the arms trade talks are taking place is that the United States – the world’s biggest arms trader accounting for more than 40 percent of global conventional arms transfers – reversed U.S. policy on the issue after Obama was first elected and decided in 2009 to support a treaty.

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Cyberattacks: Major Iranian Threat

NEW YORK (CNNMoney) — Iran’s quest for a nuclear weapon has been the subject of much debate this election season, but the presidential candidates rarely discuss the most imminent danger Iran poses to the United States: cyberwarfare.

Iran is believed to be behind a slew of massive attacks in September that took down a string of U.S. banks’ websites. The country is also thought to have launched a devastating cyber time bomb on Saudi Oil company Aramco in August and to have coordinated a similar attack on Qatar’s RasGas, an Exxon Mobil (XOM, Fortune 500) subsidiary.

The bank attacks were 10 to 20 times bigger than a typical denial of service attack, and doubled the previous record for traffic maliciously directed at a particular site, according to CrowdStrike, a security firm that investigated the attacks. The Aramco attack, set to go off on an Islamic holy night, unleashed a virus that destroyed about 30,000 corporate computers — three-quarters of the company’s PCs.

It’s a show of muscle the United States and its allies are unaccustomed to seeing from Iran. Cyberespionage and online identity theft are common tactics of Russian mafiosos and Chinese hackers, but Iran is relatively new to this playing field. After a series of painful economic sanctions levied on the country by the United States and Europe, cybersecurity experts say they’re not surprised that Iran is fighting back.

“Iran is trying to demonstrate that it has a capability to disrupt life in the West,” said Roger Cressey, senior vice president at security consultancy Booz Allen Hamilton. “Its argument is: ‘Whatever you in the West may do to us, know that it will not be a pain-free operation.'”

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Al Qaeda Leader Zawahiri: Benghazi Attack Signifies American Weakness

Following quickly on the heels of the U.S. presidential election, al Qaeda leader Ayman al-Zawahiri proclaimed that the terror attack against the U.S. diplomatic outpost in Benghaz indicates that American “awe is lost” in the region. In an audio message addressed to the Somali jihadist group, al-Shabaab, Zawahiri said American influence in the region is floundering due to weakness.

“They were defeated in Iraq and they are withdrawing from Afghanistan and their ambassador in Benghazi was killed and the flags of their embassies were lowered in Cairo and Sanaa (Yemen),” a translation the militant’s message reads in the Long War Journal.

“Their awe is lost and their might is gone and they don’t dare to carry out a new campaign like their past ones in Iraq and Afghanistan.”

Al Qaeda is, of course, along with other militant groups, are still sweeping the Maghreb — in particular, Libya. On Tuesday turmoil reached a fever pitch in Benghazi after a car bomb exploded near a police station late in the day, a police officer told AFP. He added that two of his colleagues were injured in a subsequent gunfight with the primary suspect. The vehicle reportedly belonged to a law enforcement officer and it was believed to have been ignited by a hand grenade or fishing explosives.

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Kremlin Cheers Obama Election

photo credit: OneManDifferenceMOSCOW – Russian President Vladimir Putin has sent a congratulatory note to President Obama after his re-election Tuesday, his spokesman said. The Kremlin says it will make the text public after the Americans have received it.

Putin is also expected to call Obama personally “in the near future.”

“In general, the Kremlin took the news about Barack Obama’s victory in the elections very positively,” spokesman Dmitri Peskov said, according to the Interfax news agency.

“We have the hope that positive initiatives in bilateral relations and in Russian-U.S. interaction on the international arena in the interests of international security and stability will be developed and improved,” he added.

It is perhaps not surprising that the Kremlin is pleased with the outcome of the election, especially since President Obama told then-President Dmitri Medvedev earlier this year that he would have more flexibility after the election to negotiate NATO plans to place components of a missile-defense shield in Eastern Europe.

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Dollar Falls As News of Obama’s Win Sinks In

The dollar fell against the yen on speculation Barack Obama’s re-election as president will boost chances the U.S. will maintain monetary stimulus policies that tend to weaken the greenback.

The euro erased gains as European Central Bank President Mario Draghi said the Europe’s crisis is affecting Germany. The U.S. currency was mixed versus its major peers as Obama defeated Republican challenger Mitt Romney, who disagreed with current Federal Reserve policy. Obama now faces the so-called fiscal cliff, $600 billion in tax increases and spending cuts set to be implemented in 2013.

“The size of the victory was perhaps at the upper end of what people were expecting, so that may mean that his negotiations with the Republicans to stop us going over the fiscal cliff might be a bit easier,” said Paul Robson, a senior foreign-exchange strategist at Royal Bank of Scotland Group Plc in London. “The idea of unchanged Fed policy is slightly supportive for equities, slightly weaker dollar, and I think that’s how people are playing it today.”

The U.S. currency depreciated 0.3 percent to 80.08 yen at 7:44 a.m. in New York after declining to 79.81 yen, the weakest level since Nov. 1. The dollar rose 0.4 percent to $1.2764 per euro after falling 0.1 percent yesterday. The euro slipped 0.8 percent to 102.20 yen…

“Monetary policy will remain loose under Obama so the dollar will be sold,” said Michiyoshi Kato, senior vice president of foreign-currency sales at Mizuho Corporate Bank Ltd. in Tokyo. “Dollar selling may not last that long as the U.S. faces the fiscal cliff.”

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Report: China Eyeing Strategic Atlantic Island Base to Threaten American Mainland

On June 27, a plane carrying Wen Jiabao made a “technical” stop on the island of Terceira, in the Azores. Following an official greeting by Alamo Meneses, the regional secretary of environment of the sea, the Chinese premier spent four hours touring the remote Portuguese outpost in the middle of the Atlantic Ocean.

Wen’s Terceira walkabout, which followed a four-nation visit to South America, largely escaped notice at the time, but alarm bells should have immediately gone off in Washington and in European capitals. For one thing, Wen’s last official stop on the trip was Santiago, the capital of Chile. Flights from Chile to China normally cross the Pacific, not the Atlantic, so there was no reason for his plane to be near the Azores. Moreover, those who visit the Azores generally favor other islands in the out-of-the-way chain.

Terceira, however, has one big attraction for Beijing: Air Base No. 4. Better known as Lajes Field, the facility where Premier Wen’s 747 landed in June is jointly operated by the U.S. Air Force and its Portuguese counterpart. If China controlled the base, the Atlantic would no longer be secure. From the 10,865-foot runway on the northeast edge of the island, Chinese planes could patrol the northern and central portions of the Atlantic and thereby cut air and sea traffic between the U.S. and Europe. Beijing would also be able to deny access to the nearby Mediterranean Sea.

And China could target the American homeland. Lajes is less than 2,300 miles from New York, shorter than the distance between Pearl Harbor and Los Angeles.

Lajes is certainly the reason Wen went out of his way to win friends in Terceira. For years his country has been trying to make inroads into the Azores and waiting for opportunities to pounce. There is nothing the Chinese can do if the U.S. stays, but Pentagon budget cutters, according to some observers, are planning to make Lajes a “ghost base.”

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