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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (191202)	6/21/2004 11:46:38 AM
From: tejek	Read Replies (1) of 1577790

<font color=brown> Last week, Debka reported that Iranian troops were massing on the border and now this. Looks like Iran might be itching for a fight.<font color=black> ****************************************************** Iran seizes British naval boats: report By Steve Goldstein, CBS MarketWatch.com Last Update: 10:52 AM ET June 21, 2004 LONDON (CBS.MW) -- Iran was reported Monday to have seized three British naval vessels and eight sailors for being in its territorial waters.** The arrests were made on the Shatt al-Arab waterway -- where the Tigris and Euphrates rivers converge before flowing into the Persian Gulf, and which marks the southern boundary between Iran and Iraq, according to a report by Iran's official satellite news channel Al-Alam. Iranian government officials have yet to comment, AFX News reported. Word of the incident caused some early morning jitters on the financial markets as trading was about to get underway in New York. After early losses, U.S. blue chips gained ground, with the Dow Jones Industrial Average last up 8.5 points at 10,425. See Market Snapshot. According to the Al-Alam report, the British seamen have acknowledged entering the waters by mistake. British military forces are responsible for securing the city of Basra in neighboring Iraq, and also patrol downstream parts of the Shatt al-Arab waters. Britain is a co-sponsor of an International Atomic Energy Agency resolution that heavily criticized Iran for failing to fully cooperate with an investigation into its suspect nuclear program. Calls placed to Britain's Foreign Office and to the Iranian Embassy in London were not immediately returned. cbs.marketwatch.com

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