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Generational Dynamics Web Log for 14-Jul-2011
14-Jul-11 World View -- New terrorist attack in Mumbai, India

Web Log - July, 2011

14-Jul-11 World View -- New terrorist attack in Mumbai, India

Greece moving towards default

This morning's key headlines from GenerationalDynamics.com.

New terrorist attack in Mumbai, India

Police at Opera House bombing site in Mumbai

Police at Opera House bombing site in Mumbai

At least 21 people were killed and more than 140 were injured in three coordinated bomb blasts set off by terrorists near the Diamond Market at Opera House, Zaveri Bazar and Dadar (Kabutarkhana) in Mumbai, India's financial capital, during rush hour on Wednesday evening. The Pakistani terrorist group Lashkar-e-Toiba will almost certainly be suspected for this attack, as it was blamed for the horrendous 2008 terrorist attack on Mumbai. (See "India's Prime Minister Singh formally accuses Pakistan re Mumbai terrorist attacks.") However, the new attack was caused by high-intensity improvised explosive devices (IEDs), and police suspect the involvement of the Indian Mujaheedin. Net Indian

The latest terrorist attack occurred on July 13, 2011. Previous terrorist attacks occurred in May 13 2008, July 26 2008, September 13 2008, November 26 2008, and February 13 2010. The dates can't be a coincidence, though agencies have not been able to crack the reason why 13 and 26 are the chosen days. Times of India

Greece moving towards default

Fitch Ratings Wednesday dropped Greece three notches to triple-C and said default "is a real possibility." In fact, there's been a sharp shift in opinion, and it's now widely expected that Greece will default. One reason is that the markets turned sharply negative on Italy in the last few days. Second, Greece appears close to the limit of how much pain it will endure to close its budget gap. Wall Street Journal (Access)

Arab League tells US to stop interfering in Syria

Monday's attack on the American embassy in Syria (AP)

Monday's attack on the American embassy in Syria (AP)

A day after the Obama administration sharply escalated the pressure on Syria's president Bashar al-Assad by saying that he had "lost legtimacy" to govern Syria, the Arab League said Wednesday that Washington had overstepped its bounds by making those remarks. "This issue is exclusively decided by the people," said Arab League Chief Nabil Elaraby, and added that Syria was a "main factor of balance and stability in the region." AP

British complain that France is reneging on defense pact

when British Prime Minister David Cameron and French President Nicolas Sarkozy announced their new Anglo-French defence pact at the end of last year, it was meant to herald a new era of cross channel cooperation on a whole range of military issues. However, France has always gone its own way during the Libya military action, and now France may be undermining the entire effort by "passing messages" to Muammar Gaddafi. Telegraph

(Comments: For reader comments, questions and discussion, see the 14-Jul-11 News -- Pakistan turns to China as US-Pakistan relations collapse thread of the Generational Dynamics forum. Comments may be posted anonymously.) (14-Jul-2011) Permanent Link
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Generational Dynamics Web Log for 14-Jul-2011 14-Jul-11 World View -- New terrorist attack in Mumbai, India

New terrorist attack in Mumbai, India

Greece moving towards default

Arab League tells US to stop interfering in Syria

British complain that France is reneging on defense pact

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Generational Dynamics Web Log for 14-Jul-2011
14-Jul-11 World View -- New terrorist attack in Mumbai, India