A US company announced that it is due to cooperate with an Iranian university in unique partnership to work toward nuclear fusion.
Tehran’s Islamic Azad University and New Jersey-based Lawrenceville Plasma Physics Inc will jointly design a fusion machine that “would be affordable to construct in industrializing nations”, according to a contract signed last weekend and seen and reported by the Guardian.
The partnership comes amid US allegations about Iran’s civilian nuclear technology.
Skeptics doubt whether US trade sanctions will permit the collaboration. But LPP claimed in a written statement that the pact qualifies as an official US department of treasury exemption “which authorizes collaborating with academics and research institutions on the … creation and enhancement of written publications.” Continue reading


John
The US-Arab Eager Lion 2012 exercise ends Wednesday, May 30, after 12,000 mostly American as well as Saudi, Jordanian, Qatari and UAE special forces troops staged three weeks of joint maneuvers in Jordan.
It’s going to happen. Sooner or later, the power will go off, and you won’t know when (or if) it will come back on. This doesn’t have to be the work of evil-doers, either. It could be a sudden ice storm that brings down the power lines. It could result from other severe weather such as a tornado or hurricane, or from a disruption caused by faulty power company equipment, or even something as simple as a tree branch falling on your own personal segment of the grid. The effect is the same: everything electrical in your home stops working.



This is what a currency crisis looks like: When something that hasn’t been legal tender in a decade comes back into circulation.
“I’ve changed money at my children’s school,” says an economist in Argentina — also going through a currency crisis.

