Iran's president-elect has proclaimed an Islamic revolution of global proportions. Mahmood Ahmadinejad said his election coincided with what he termed a new Islamic revolution. "The wave of the Islamic revolution will soon reach the entire world," Ahmadinejad said. "In one night, the martyrs strode down a path of 100 years." (World Tribune)
A former American hostage in Tehran who claims Iranian President-elect Mahmoud Ahmadinejad was one of his kidnappers, says the country's new leader threatened to kidnap his handicapped son and cut off his fingers and toes. David Roeder, 66, told the German magazine Der Spiegel Ahmadinejad was present for at least a third of the interrogations during the time he was held, November 1979 to January 1981 "You don't forget someone like that," said the former assistant Air Force attache. (WorldNet Daily.com)
European diplomats are preparing for a breakdown of their negotiations over Iran's nuclear programme in a sign of mounting pessimism following the election last week of conservative president Mahmoud Ahmadi-Nejad. Although Britain, France and Germany still intend to keep their promise to put forward new compromise proposals to Iran by the beginning of August, some of the countries' diplomats now have little expectation that any deal will be accepted by Tehran. (FT)
BRUSSELS -- A lunch meeting between a leading parliamentarian in Belgium and counterparts from Iran has been cancelled because the beer-loving Belgian could not stomach a ban on alcohol. "Even for the tolerant Herman De Croo, that was a bridge too far," De Croo, a Dutch-speaking Liberal, told De Standaard daily on Thursday. (Reuters)
June 30, 2005 -- Jack Resnick & Sons this week became the latest sophisticated city real estate family to cash out some of its holdings. The family firm quietly hired investment orchestrator Doug Harmon of Eastdil to market The Gershwin, a 1998 rental tower at 250 W. 50th named after the composer. The 41-story building, on the southeast corner of Eighth Avenue across from the Gershwin Theatre, has already attracted a full range of bidders. It could break records when it trades close to the $400 million mark. (NY POST)
June 30, 2005 -- JPMorgan Chase & Co., Goldman Sachs Group Inc., Piper Jaffray Cos. and 17 other firms will pay a combined $1.65 million to the NASD for late and improper reporting of municipal bond trades — a record fine by the regulator for such lapses. (NY POST)
June 30, 2005 -- Google and Yahoo! moved yesterday to position their companies to capture a larger piece of fast-growing local online advertising revenues. (NY POST)
July 11 (Bloomberg) -- President George W. Bush's administration will report this week that surging tax revenue is shrinking this year's budget deficit from the record 2004 level, possibly by as much as $90 billion, giving him a shot at fulfilling his deficit reduction promise three years early.
July 11 (Bloomberg) -- Kohlberg Kravis Roberts & Co. and Blackstone Group LP, the world's two biggest buyout firms, are making 2005 an unprecedented year for leveraged buyouts, generating more than $4 billion of fees for investment bankers.
July 11 (Bloomberg) -- VNU NV, the Dutch owner of market researcher ACNielsen, agreed to buy IMS Health Inc. for $6.3 billion to become the world's biggest provider of health care market data.
A brutal, oppressive dictator, guilty of personally murdering and condoning murder and torture, grotesque violence against women, execution of political opponents, a war criminal who used chemical weapons against another nation and, of course, as we know, against his own people, the Kurds. He has diverted funds from the Oil-for-Food program, intended by the international community to go to his own people. He has supported and harbored terrorist groups, particularly radical Palestinian groups such as Abu Nidal, and he has given money to families of suicide murderers in Israel. (Senator John Kerry. In the same speech, Kerry faulted Bush for waiting so long to deal with the menace of Saddam Hussein)
July 5 (Bloomberg) -- U.S. factory orders increased in May by the most in a year and sales of business equipment increased, a sign manufacturing will provide a bigger boost to the economy in the second half than in the first.
July 6, 2005 -- American International Group Inc., the insurer sued for improper accounting, named Arthur Levitt, former chairman of the U.S. Securities and Exchange Commission, as a special adviser to its board. (NY POST)
Marina Bai has sued the U.S. space agency, claiming the Deep Impact probe that punched a crater into the comet Tempel 1 late Sunday "ruins the natural balance of forces in the universe," the newspaper Izvestia reported Tuesday. A Moscow court has postponed hearings on the case until late July, the paper said. (AP)
WASHINGTON (AFP) - Inmates from the US-led war on terror held at the prison camp at the US naval base at Guantanamo Bay, Cuba are well treated, play outdoor sports, and have access to a broad Muslim-approved menu, a US senator who traveled to the site said.
(CNSNews.com) - Islamic schools, called "madrassahs," operate around the world, teaching children reading, writing, religion and, in some cases, how to participate in terrorist attacks.
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