I've been following the story about the five undersea data cables that were severed, and was compelled to post something, but then I stumbled upon another blog called I Love Bonnie.net, and I found that she has done some impressive research on the subject already, and I couldn't really think of a whole lot more to add to what she's already contributed.
First, a summary of what's been going on, for those of you who may not have heard:
Over the past week, give or take a couple days, FIVE undersea cables were severed, allegedly due to accidents (in a couple instances, anchors dragging was the reason given), or power failures.
Fine, no big deal, they'll fix it up and things will be fine. Right? Well, the country most affected by these cables being severed is Iran. They've had major communications disruptions this week. Two of the cables were just off the island if Kish, the proposed location for Iran's brand-new "bourse," or "oil stock exchange." To add to the drama, this new exchange would NOT be accepting US dollars in exchange for oil. If this sounds familiar, bonus points for you, because, back in autumn of 2000, another oil-rich country in the middle east made the same decision NOT to accept US currency for oil. If you guessed Saudi Arabia, you would be... wrong. If you guessed Iraq, congratulations!
What do you win, you ask? Well, I can only speculate, but I wouldn't be surprised if it's... (cue music from "The Price is Right:"
A BRAND NEW WAR! *Applause!!!*
Unlike myself, Bonnie does not go as far as stating this conclusion, but if you're keen on following trends, this may be one to pay attention to. Here is the article from Bonnie's blog: Submarine Cables, Subsidiaries and Subversion
That's all for now,
-Zen Twist.
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