Repairs Complete On 2 Internet Cables

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According to the Associated Press, two of the five undersea cables that were cut last week have been repaired.

Repair ships completed work over the weekend on both the FALCON cable in the Persian Gulf 35 miles north of Dubai and the FLAG Europe-Asia cable about 5 miles north off the Egyptian port city of Alexandria, U.K.-based FLAG said in a statement on its Web site.
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In other news, 3/5 of the people impacted by the outage were not able to read the notice posted by FLAG Telecom….but they appreciate the thought. :D
 
I was just wondering when more news would pop up regarding the undersea cables! I was thinking we might hear about more cables getting cut/severed. Oh well, at least they are slowly fixing them:)
 
Steve said:
In other news, 3/5 of the people impacted by the outage were not able to read the notice posted by FLAG Telecom….but they appreciate the thought. :D
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Just like how Comcast will send you an email after they've shutoff your internet. :rolleyes:

So did we figure out who cut these cables? Industrial Espionage? Pre-Iranian Invasion? Fishing Trollers? "Da Tarrists"? The J00s?
 
I hope that people realize that Iran was going to start some online company or whatever between Feb 1 to 11 which was going to be trading oil based on the Euro and not the dollar. Kind of convenient that they went 100% out during that time.
 
Burning_Monk said:
Just like how Comcast will send you an email after they've shutoff your internet. :rolleyes:

So did we figure out who cut these cables? Industrial Espionage? Pre-Iranian Invasion? Fishing Trollers? "Da Tarrists"? The J00s?
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I thought we all agreed it was the cloverfield monster?

obviouslytom said:
I hope that people realize that Iran was going to start some online company or whatever between Feb 1 to 11 which was going to be trading oil based on the Euro and not the dollar. Kind of convenient that they went 100% out during that time.
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You got any sources backing this up? This would be interesting to read. Also, got refs for that 100% outage too?
 
Ockie said:
I thought we all agreed it was the cloverfield monster?



You got any sources backing this up? This would be interesting to read. Also, got refs for that 100% outage too?
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His mom told him so.
 
Ockie said:
You got any sources backing this up? This would be interesting to read. Also, got refs for that 100% outage too?
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I could have sworn they were in 100% blackout but I could very well be wrong. As for the oil thingy there is thing:

Iran Oil Bourse to deal blow to dollar
MK/JG/RE/HAR, Iran Press TV
The long-awaited Iranian Oil Bourse, a place for trading oil, petrochemicals and gas in various non-dollar currencies, will soon open.

Iran's Finance Minister Davoud Danesh-Jafari told reporters the bourse will be inaugurated during the anniversary of the Islamic Revolution (February 1-11) at the latest.

"All preparations have been made to launch the bourse; it will open during the Ten-Day Dawn (the ceremonies marking the victory of the 1979 Islamic Revolution in Iran)," he said.

The Minister had earlier stated that the Oil Bourse is located on the Persian Gulf island of Kish.

Some expert opinions hold inauguration of the bourse could significantly devalue the greenback.
(4 January 2008)
Also reported at IranMania
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There are other places talking more about it.
 
obviouslytom said:
I could have sworn they were in 100% blackout but I could very well be wrong. As for the oil thingy there is thing:



There are other places talking more about it.
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That's interesting. Did they actually launch their trading or were they full of hype as usual?
 
Ockie said:
That's interesting. Did they actually launch their trading or were they full of hype as usual?
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February 2008 On February 4, the Iranian Cabinet approved the creation of the oil bourse in two stages - first a raw oil exchange and secondly an oil byproducts exchange. The Ministry of Finance and Economics, the Oil Ministry, the Ministry of Foreign Affairs, and the Central Bank of Iran are required to create a workgroup to coordinate the project, and the Iran Commodities Bourse Company is given the task of carrying out the project. The communique from the Cabinet states that the "Ministry of Finance and Economics is required to take measures in making the petrochemical byproducts bourse operational by the end of February 2008." [20]
 
once oil shifts to a non US currency the US dollar will tank enev further than it is now.

recession? what recession..... must be a conspiracy..... things can only get better. ya right.
 
Lannister said:
once oil shifts to a non US currency the US dollar will tank enev further than it is now.

recession? what recession..... must be a conspiracy..... things can only get better. ya right.
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Well they did increase chocolate rations this week, double plus good!
 
Lannister said:
once oil shifts to a non US currency the US dollar will tank enev further than it is now.

recession? what recession..... must be a conspiracy..... things can only get better. ya right.
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You are assuming everyone is going to want to deal with the Iranians.........cause well yeah they are everyones most trusted partner.

To expand upon this though a bit...how exactly will switching from the dollar to another currency for oil trading cause a recession? Cause one not correlate to one. What is it that will cause this from your own words and understanding of the international economic situation not from random conspiracy website of the week. What is it about a weaker US dollar that scares you so much? What are exact economic factors in your own words (not random website)and understanding that will cause a weaker dollar?
 
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