Archive for the ‘world economy’ Category

Iran Nuclear Weapon More Important Than World Economy

January 29, 2009

Israeli election front-runner Benjamin Netanyahu told a session of the World Economic Forum on Thursday that preventing Iran from obtaining nuclear weapons ranks far above the global economy among the challenges facing leaders of the 21st century.

By JOHN DANISZEWSKI, Associated Press Writer

Discussing leadership in crisis on a panel that also included British Conservative leader David Cameron, the hawkish Israeli Likud Party leader discussed the need for Israel to lower taxes and increase competitiveness if he emerges as prime minister after Feb. 10 elections.

Netanyahu, a former finance minister, said he believes the global financial meltdown is reversible if governments, businesses and people make the right decisions.

“What is not reversible is the acquisition of nuclear weapons by a fanatic radical regime … We have never had, since the dawn of the nuclear age, nuclear weapons in the hands of such a fanatical regime,” he claimed.

Iran has denied it is seeking to acquire nuclear weapons and says it is pursuing nuclear power for peaceful uses. It also denies it is engaged in terrorism, instead accusing Israel of terrorist policies against the Palestinians in Gaza and the West Bank, which were occupied by Israel after the 1967 Mideast War.

Read the rest:
http://news.yahoo.com/s/ap/2009012
9/ap_on_re_eu/davos_forum_netanyahu