Wednesday, May 11, 2011

Binocular Snapshot for 5/11/2011

LastDayWatchers as you know the so-called "Isolation" will not work

Iran has adopted a $484 billion budget for the year to March 2012, an increase of 31 percent over the previous year

"On the back of rising oil prices and domestic subsidy cuts, reports said Wednesday.

Iran, OPEC's second largest crude exporter, is expected to pocket during the year oil revenues of $65 billion, up by 20 percent.

The parliament adopted the budget after a delay of nearly two months on an average crude oil price of 81.5 dollars a barrel.

The bulk of the hike in the budget comes from a hefty cut in subsidies on energy products and several essential commodities which was initiated by the end of 2010

The subsidy cuts are expected to reduce spending by $50 to $60 billion for Iran, according to estimates by experts."

Iran has received a new shipment of nuclear fuel from Russia for its first nuclear power plant

"The official IRNA news agency reported Wednesday, a key step following the plant's recent startup, the Russian-built Bushehr plant in southern Iran has been on the fringes of the controversy surrounding Iran's nuclear program.

"On Tuesday, Atomstroyexport, the Russian state company that built Bushehr, said the first reactor at the plant had gone into operation after a self-sustained fission reaction began Sunday."

Just as the May 15th Prophecy have written with 100% accuracy written at LastDayWatchers


Obama to lay out new Mideast strategy