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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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An Israeli strike on Iran would backfire

Category : World News

On June 7, 1981, eight Israeli F-16 fighter jets, protected by six F-15 escorts, dropped 16 907-kg bombs on the nearly completed Osirak nuclear reactor at the Tuwaitha complex in Iraq. Israeli Prime Minister Menachem Begin and Defense Minister Ariel Sharon saw the reactor as central to Iraqi President Saddam Hussein’s quest to build nuclear weapons, and they believed that it posed an existential threat to Israel.
The timing of the strike was justified by intelligence reports suggesting that Osirak would soon become operational. Two days later, Begin explained the raid to the public: “We chose this moment: now, not later, because later may be too late, perhaps forever. And if we stood by idly, two, three years, at the most four years, and Hussein Hussein would have produced his three, four, five bombs … another Holocaust would have happened in the history of the Jewish people.”

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