February 2005

The Washington Post reports that the USAF has been overflying Iran with drones, apparently in an effort to reconnoitre Iranian air defences. Apparently the first flights took place in April, 2004, and an extended effort began in December. This surge in activity led to the operation’s becoming public after Iranian civilians repeatedly spotted mystery aircraft.…

Read More Drones over Iran

The public prints have it that the Indian minister of oil and natural gas is off to Moscow to discuss buying into a chunk of Yukos’s assets. This comes at the same time as the intrigues surrounding exactly how the Yuganskneftegaz/Rosneft deal (and the subsequent Rosneft/Gazprom deal) was financed, and specifically what the involvement of…

Read More India now up for a chunk of Yukos

Hear that clattering of keyboards racing in from the east? See the blackly glittering screens? It could only be the Kossacks charging after a story. And, of course, they got one. The whole sorry tale about “Jeff Gannon”, the pseudonymous conservative who mysteriously got a White House press pass in his false name whilst working…

Read More That Jeff Gannon Story: British Angle

Well, after an intense squabble, a wedge of Treasury files on the 1992 sterling crisis, “Black Wednesday”, have been released. The most interesting feature, though, would seem to be the incredible psychological rationalisations of the participants. Let us recap. At the time the pound sterling was under a fixed exchange rate with respect to the…

Read More Rationalisations!

Right, I’ve decided to have more structure in day-to-day bloggage here, so we’ll begin today with a short briefing. G-1 (Admin/Personnel): Work begins today on another new Ranter template option. When complete it will be on my testblog for user comments. The first one has now been definitively junked after unfavourable feedback. G-2 (Intelligence): Is…

Read More Briefing for Today

Soj appears very pleased that the government of Romania has taken the step of permitting foreigners to hold bank accounts denominated in local currency. The reason is instructive: because otherwise, Soj’s US dollars were depreciating in real terms. Strange days, these, when the Romanian lei is a safer bet than greenbacks…remember this post?

Read More Sign of the times