The Bankwatch

Tracking the consumer evolution of financial services

A dangerous escalation in Israel / Iran tensions

The burning wreckage of an Israeli embassy car is seen following an explosion in New Delhi

Whomever was responsible for the killing of the Iranian nuclear scientists, the result is that the Iranians hold the Israelis responsible and the triple attempts on Israeli diplomats today represent a significant and dangerous escalation.

There does not portend well for middle east stability, and may well translate into oil production disruption at some point.



Israel vows to strike back at Iran over twin attacks on diplomats

The wife of an Israeli Defence Ministry attaché was seriously hurt when a hitman on a motorbike attached a magnetic bomb to her car as her driver was taking her to pick up her children from school, Indian police said. Despite being wounded, Tal Yehoshua Koren, 42, managed to call the Embassy and tell staff “the vehicle exploded”. She and the driver were taken to hospital, where she was said to be in a critical but stable condition.

The second attempt, in Tbilisi, the capital of Georgia, was foiled when an embassy employee noticed a suspicious device taped to the underside of his car and called police. They found a grenade that was then defused.

Israeli officials said the Jewish state would strike back. “We know exactly who is responsible for the attack and who planned it, and we’re not going to take it lying down,” said Avigdor Lieberman, the Foreign Minister.

Written by Colin Henderson

February 13, 2012 at 23:54

Posted in Uncategorized

%d bloggers like this: