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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Mike M2 who wrote (10472)	11/26/1997 2:43:00 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 94695

Iran Developing 2-3,000 Km Range Missile - I think it has a long term treat to the world stock markets. Kind of fits Nostradamus theory <gg> but it is a real dangerous and serious treat. Comments please!! Arab Newspaper: Iran Developing 2-3,000 Km Range Missile With Russian Aid By Globes' correspondent Iran is advancing towards the development of a missile with a 2,000 km range carrying a 1,000 kg warhead, and it may even have a 3,000 km range with a 500 kg warhead. The missile is being developed with Russian assistance. The Arab newspaper carrying the report gives details of Iran's missile development and production programme, and of its military industry in general, which produces artillery and tanks, and also of current and planned Iranian military and naval manouevres. The development of the missile, named Shahab 4 by the Iranians, is an extremely important project, which both Israel and Western countries are monitoring, according to the newspaper. Sources quoted by the newspaper said Teheran has so far paid Moscow several hundred million dollars for cooperation in developing the missile. International military experts say that a missile like this, with a range of 2,000 km carrying a 1,000 kg conventional, chemical, or nuclear warhead, or a range of 3,000 km with a 500 kg warhead, would give Iran strategic offensive capability against the whole of the Middle East, and even Central Europe and East Asia. Successful development of the missile will enable Iran to start producing it before the end of the present decade, and to introduce it into use by its army at the beginning of the next century. Iran will thus realise her aim of gaining recognised status as a foremost regional power, and an influential country. << Previous Article Next Article >> Interesting story, the US may find Iraq as an ally against Iran Haim