World View: Ahmadinejad Blames U.S. for Fall of Iran Currency

This morning's key headlines from GenerationalDynamics.com:
  • China and Japan in naval standoff in East China Sea
  • Military intervention in Mali comes a step closer
  • Lebanon confirms that Hizbollah is fighting in Syria
  • Iran's Ahmadinejad blames disastrous fall of rial on U.S.

China and Japan in naval standoff in East China Sea

China announced on Tuesday that four Chinese marine surveillance ships had begun patrolling in the waters around the disputed Senkaku/Diaoyu islands in the East China Sea. The purpose was to confront "the Japanese right-winger's intrusion." The new Chinese surveillance ships will be patrolling the same waters as Japanese Coast Guard ships. With both countries in highly nationalistic moods, the possibility of an incident involving military action has increased significantly. Xinhua and VOA

Military intervention in Mali comes a step closer

France and several African countries have been calling for military intervention in Mali to throw out the Ansar Dine, the al-Qaeda linked terrorist group that is now in control of the northern two-thirds of Mali. However, the calls for intervention have been largely ignored, since the Mali government itself has been unwilling to request military intervention, apparently out of fear that neighboring armies would never leave. But Mali's government has now given the go-ahead for a major troop deployment in northern Mali. If the military deployment goes ahead, the troops will come from France and from countries belonging to the Economic Community of West African States (ECOWAS). The U.S. has expressed caution about military intervention in Mali, and may not support the effort. Guardian/Le Monde and IRIN

Lebanon confirms that Hizbollah is fighting in Syria

An announcement on Tuesday that is likely to raise the level of tension between Sunni and Shia Muslims in the Mideast was confirmation from a Lebanon security official that a commander and several fighters from the terrorist group Hizbollah were killed inside Syria. 

Hizbollah is a Shia terrorist group located in Lebanon but more loyal to Iran than to Lebanon. Hizbollah has been supporting Syria's president Bashar al-Assad as he's been torturing Sunni children and sending rockets into Sunni apartment buildings, and so he has been receiving a great deal of criticism for supporting a mass murderer. Hizbollah leader Hassan Nasrallah has repeatedly claimed that he is not providing military support to al-Assad, but it now appears that in fact he is. AP and BBC

Iran's Ahmadinejad blames disastrous fall of rial on U.S.

Iran's rial currency has lost a catastrophic 80% of its value since 2011, including an 18% plunge on Monday, and another 9% on Tuesday. In a speech on Tuesday, Iran's President Mahmoud Ahmadinejad blamed the "enemies" of his country for the sharp falls in the rial. He may be right, in the sense that U.S.-led sanctions are thought to be the principal cause of the rial's collapse. Iran is having a great deal of difficulty selling oil, or in getting paid after the oil has been delivered. In addition, many Iranians are selling rials and hoarding dollars, exacerbating the situation. BBC

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