Yesterday’s report that Defense Secretary Leon Panetta believes there is a “strong likelihood” that Israel will launch air strikes on Iran’s nuclear facilities in “April, May or June” was not surprising to those who have followed developments in Iran and know Israel’s history.
The likelihood of an Israeli attack on Iran has grown in the last month and given Israel’s historic willingness to take decisive action against even perceived nuclear threats, there is ample reason to think Israel could act in the coming months.
In 1981, the Israeli Air Force carried out a successful attack on the Iraqi nuclear reactor at Osirak and in 2007, Israel destroyed a partly constructed nuclear reactor in Syria, showing that it will act even to derail a nuclear program that is in its infancy.
Click HERE to read the full analysis of the probability of an Israeli strike on Iran from intelligence experts at LIGNET.com.
As Euro Crisis Deepens, Germany’s Power Grows
Germany won wide support this week for its hard-hitting austerity plan to restore fiscal stability to Europe even as the aftershocks of the sovereign debt crisis continue to be felt. Although 25 out of 27 EU member states said yes to the plan, it had its detractors -- including Britain, the Czech Republic and currency manipulator George Soros, who denounced it as the beginning of a “death spiral” for the EU. Critics aside, Germany got its way. It is an outcome that has profound implications for the survival of the euro.
Click HERE to read the full analysis of the developments in Europe at LIGNET.com.
U.S. Companies Hesitate To Invest in Libya
Libya offers many opportunities for U.S. companies in numerous sectors, but security concerns and lack of government legitimacy have given foreign investors pause. Major oil companies now doing business in Libya include ConocoPhillips (COP) and Marathon Oil (MRO). The Libyan National Transitional Council (NTC) hopes to woo U.S. corporations as it seeks to stabilize the Libyan economy following last year’s civil war.
Click HERE to read the full analysis on Libya from experts at LIGNET.com.
|Israeli F-15 fighter jets refuel during an air show at the Hatzerim air force base in the Negev desert, June 30, 2011. If Israel attacks Iran, its jets would need two mid-air refuelings. (JACK GUEZ/AFP/Getty Images)
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