5BAD

Current Events, Week of 11/12 - 11/16: 

Current Events, Week of 11/12 - 11/16 Domestic: ex-FBI and CIA agent Economic: Declining exchange rate of U.S. dollars World: Pakistan Elections/State of Emergency

Agent Nada Nadim Prouty: 

Agent Nada Nadim Prouty -Former FBI special agent and CIA analyst -Granted special FBI database access

Agent Nada Nadim Prouty: 

Agent Nada Nadim Prouty -Caught passing information on FBI investigations to relatives with false citizenships -Also suspected of relaying information to Hezbollah, a Shiite Muslim group in Lebanon

Slide4: 

Hezbollah (Party of God) -Several thousand members, 14 seats in Parliament -Opposes the West and Israel -Responsible for 200 terrorist attacks & 800 deaths

Declining Value of the U.S. Dollar: 

Declining Value of the U.S. Dollar -Dollar exchange rate to Euros has dropped 20% in the last two years

Declining Value of the U.S. Dollar: 

Declining Value of the U.S. Dollar

Declining Value of the U.S. Dollar: 

Declining Value of the U.S. Dollar -Potential for a decline/instability arose in 1971 when Nixon abolished the gold standard

Slide8: 

Recent Factors Leading to Decline -Rapidly increasing debt -Increasing trade deficit U.S. purchasing goods from China China converting dollars to Yuan

Pakistani Elections/State of Emergency: 

-Declared state of emergency November 3, stating the Judiciary was hindering fight against terrorism. -Fired panel of judges before they ruled on his re-election. Pakistani Elections/State of Emergency President Musharraf

Pakistani Elections/State of Emergency: 

-15,000 supporters of Musharraf’s political opponents detained Political rallies banned Opposition leaders (Benazir Bhutto, etc.) detained - many threatening to boycott election Pakistani Elections/State of Emergency

U.S. Support of Musharraf: 

-Musharraf considered a close ally to the U.S. -More thxan $10 billion in U.S. aid to the Pakistani military, fighting Al-Qaeda and Taliban U.S. Support of Musharraf

Bibliography: 

Bibliography Ahmed, Khaleeq, and Qayum, Khalid. "Musharraf Picks Soomro as Interim Premier Until Polls." Bloomberg.com 15 Nov 2007 16 Nov 2007 <http://www.bloomberg.com/apps/news?pid=20601087&sid=acxuikoX7ElY&refer=home>. CFR.org Staff, "Hezbollah (a.k.a. Hizbollah, Hizbu'llah)." CFR.org. 17 July 2006. Council on Foreign Relations. 18 Nov 2007 <http://www.cfr.org/publication/9155/>. Cook, Theresa, and Date, Jack and Ryan, Jason and Thomas, Pierre. "Ex- FBI, CIA Worker Admits Taking Classified Information." ABC News. 13 Nov 2007. abc NEWS. 18 Nov 2007 <http://abcnews.go.com/WN/FedCrimes/story?id=3859991&page=1>. http://a.abcnews.com/images/TheLaw/ht_prouty_071113_ms.jpg http://upload.wikimedia.org/wikipedia/commons/thumb/0/08/Flag_of_Hezbollah.svg/800px-Flag_of_Hezbollah.svg.png http://www.caglecartoons.com/images/preview/%7Bc2a3c152-e456-4485-b118-966a156d8016%7D.gif http://www.caglecartoons.com/images/preview/%7B5cc4f2a4-1e46-4b2c-905d-ca3a497b35e8%7D.gif http://www.cctv.com/english/20071112/images/1194830758266_1194830758266_r.jpg http://www.columbia.edu/cu/alumni/Magazine/Spring2005/IMAGES/dollar.jpg http://www.nydailynews.com/img/2007/11/14/amd_nadanadimprouty.jpg Kumar, Arun. "US wants end to Pakistan emergency, Musharraf says no." Hindustan Times. 15 Nov 2007. Hindustan Times. 17 Nov 2007 <http://www.hindustantimes.com/StoryPage/FullcoverageStoryPage.aspx?id=72170669-70d54166-ae80- c0e891f477f2EmergencyruleinPakistan_Special&MatchID1=4586&TeamID1=1&TeamID2=8&MatchType1=1&SeriesID1=1151&MatchID2=4588&TeamID3=3&TeamID4=5&MatchType2=1&SeriesID2=1152&PrimaryID=4586&Headline=US+wants+end+to+Pak+emergency%2c+Pervez+says+no>. "What has caused the U.S. Dollar to fall?." Merk. 14 Mar 2007. Merk Hard Currency Fund. 18 Nov 2007 <http://www.merkfund.com/merk-perspective/info/what-causes-dollar-fall.html>.