On Tuesday, several South Korean banks and television broadcasters were taken offline due to a “pretty massive” cyber attack. For the most part these attacks were just a nuisance, temporarily cutting off online access to bank accounts and freezing TV station computers, though not interfering with any broadcasts. Most signs …
A long-awaited report on natural gas exports was finally released by the Department of Energy (DOE) last week. Unsurprisingly, it concluded that exporting natural gas would bring a net economic benefit to the U.S. economy, with most benefits being realized as economies of scale in gas production increase. With the …
An energy renaissance is underway in the United States. According to a new report by the International Energy Agency (IEA), America’s decades-long dependence on foreign oil may soon be over. By the mid-2020s, the United States is set to surpass Saudi Arabia as the world’s largest oil producer. Even more …
The Russian security firm Kaspersky Labs has released a report on a new, sophisticated malware variety called FLAME. It has been found on various targets in Iran, Israel, Sudan, Syria, Lebanon, Saudi Arabia, and Egypt. The purpose appears to be mass harvesting of sensitive data. Kaspersky claims that the malware …
Responding to record-high gas prices and a potential for further disruptions in supply, Sen. Chuck Schumer (D-NY) on Monday requested that the State Department pressure Saudi Arabia to increase its oil production. The senator’s concerns are twofold: “Schumer called on the State Department to press the Saudis to publicly commit …
When the U.N. General Assembly voted on resolution A/RES/66/12 in late November, it passed easily with 106 votes. What was unusual about the otherwise routine vote was that several notable countries voted against it. The resolution, which was introduced by Saudi Arabia and co-sponsored by more than 50 nations including …
U.S. authorities announced today that they disrupted an Iranian plan to commit a “significant terrorist act in the United States,” making it the forty-second thwarted terrorist attack against the homeland. The federal government has filed criminal charges against two Iranians with conspiracy to murder the Saudi ambassador to Washington and …
Troops loyal to Libyan dictator Muammar Qadhafi’s regime continued their advance toward the rebel stronghold of Benghazi yesterday, as the Obama Administration scrambled to mount a response at the U.N. Security Council, where it now apparently favors a more muscular approach to the crisis. Today the Obama Administration is reportedly …
