This first article is about how we as value investors need to not just look at the headline, and how we need to dig deeper into the companies and do our own due diligence.
The new Saddam Hussein
Apparently Syria’s mass murdering “President” is saying he is going to start World War III if a foreign country intervenes in his massacre.
The article also talks about how sources are saying that Syrian government/military officials are maneuvering the countries stockpile of chemical and biological weapons to get ready in case any foreign country gets involved.
I would not be surprised to see the US government say shortly that we are preparing to intervene in the conflict. Our heroic government officials are probably thinking that hey, we just got out of Iraq, now we better find something else to do. Sarcasm and condescension intended.
Check some highlight below:
In what is a sure sign that the Middle-East is a smouldering powder keg, it has been reported that the beleaguered Assad regime in Syria has started moving, consolidating and positioning chemical and biological weapons of mass destruction across Syria.
General Mustafa Sheikh, a senior Syrian military defector, has claimed, “The regime has started moving its chemical stockpile and redistributing it to prepare for its use,” citing recent rebel intelligence. “They are moving it from warehouses to new locations. They want to burn the country. The regime cannot fall without perpetrating a sea of blood.”
More dangerously, Syria is reported to have threatened to use its chemical and biological weapons in the event of a foreign attack, this being the country’s first acknowledgment of owning these weapons. Syrian Foreign Ministry spokesman, Jihad Makdissi, is reported to have clarified, “No chemical or biological weapons will ever be used, and I repeat, will never be used, during the crisis in Syria no matter what the developments inside Syria. All of these types of weapons are in storage and under security and the direct supervision of the Syrian armed forces and will never be used unless Syria is exposed to external aggression.”
More bad news for the Euro
This article is about the deepening Euro crisis and how Moody’s dropped Germany and the Netherland’s outlook to negative.