Almotamar.net Project syndicate - This July marks the tenth anniversary of East Asia’s financial crisis. In July 1997, the Thai Baht plummeted. Soon after, financial panic spread to Indonesia and Korea, then to Malaysia. In a little more than a year, the Asian financial crisis became a global financial crisis, with the crash of Russia’s ruble and Brazil’s real.
Project Syndicate - With much noise and commotion, the European Union has sidestepped catastrophe – but only just. It was damned close. In a united effort, a major crisis that would have openly divided the Union for years to come and which would have made Europe a global laughingstock was averted.
Project Syndicate - Iran will continue to enrich uranium regardless of whether a Republican or a Democrat is America’s president. At the same time, the United States will oppose any Iranian nuclear program – even a civilian program – because this will contribute to the stability of the regime in Tehran. As a result, nuclear tensions are likely to bedevil US-Iranian relations for years to come.
A Saudi aggression fighter jet targeted a citizen's car driving in Fara area of Kutaf district in Saada province overnight, killing the driver and injuring his friend, a security official said on Monday.
Scores of Saudi enemy soldiers were killed and injured on Sunday when the army and popular forces repelled a Saudi military attempt to sneak into Shurfah site in the border province of Najran, a military official said.
The operation was accomplished successfully against the Saudi
Saudi aggression warplanes have launched more than 49 airstrikes over the past hours on several residential areas across Yemen, a security official said on Sunday.
The airstrikes targeted the areas of Malahiz and Husama in Dhahir district, and areas Thuban, Masahif and Sdad in Bakim district of northern Saada province.