Iran Hiding a Nuclear Facility?

Perhaps Russian President Dmitry Medvedev’s new, harsher rhetoric on Iran has a specific catalyst. The New York Times reports that President Obama, British Prime Minister Gordon Brown and French President Nicholas Sarkozy will disclose that Iran has for years constructed an undisclosed — and as-yet-unoperational — nuclear facility. More…

Yes, It is Time to Panic

Today should be another scary day on Wall Street, but we’ve got bigger problems. Across the board, economists are calling for global action on the credit crisis — and soon. Very soon. Like no later than this weekend.

From Nouriel Roubini, famous for having predicted this whole mess: