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Iran Gains U.S. Military Technology Through Malaysia Middlemen
By Justin Blum
Sept. 14 (Bloomberg) -- Iran increasingly is obtaining U.S. military equipment and technology through shipments to Malaysian middlemen that illegally circumvent trade restrictions, according to American officials and analysts.
The U.S. has charged, convicted or sentenced defendants in at least six cases involving Malaysia since August 2008. The shipments have included parts for bombers and items sent to firms linked to Iran’s nuclear and ballistic missile program, according to court papers. More Malaysia shipments are under investigation, according to a law enforcement official who spoke on condition of anonymity.
The shipments illustrate how difficult it is for U.S. law enforcement to keep military secrets and equipment from reaching Iran, a country the U.S. accuses of developing nuclear weapons and sponsoring terrorism. The U.S. bans most trade with Iran.
Middlemen also have operated out of the United Arab Emirates city of Dubai. Shipments through Malaysia increased after the U.A.E. cracked down on exports more than a year ago, said Steven Pelak, the principal deputy chief of the Justice Department’s counterespionage section in Washington.
“We’ve seen a lot more being now diverted through Malaysia in particular,” Pelak said in an interview. “We have seen Iranian front companies there and we’ve seen an increase there since there’s been a tightening in Dubai.”
Military goods also have been illegally shipped to China, which has been trying to obtain missile, imaging, semiconductor and submarine technology from the U.S., according to a Defense Department report this year. Espionage allegations against China are “unwarranted,” said Wang Baodong, a spokesman for the country’s embassy in Washington.
4. Sentiment picture is rather mixed but if we discriminate in a 10% potential and a 30% potential move both would be negative/neutral on the upside and positive for 10% , neutral for 30% on the downside. That means a 10% pullback is the most likely scenario. some of the indicators are the following but its important to see their dynamic as well to make a valid conclusion.
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| INVESTOR SENTIMENT READINGS High bullish readings in the Consensus stock index or in the Market Vane stock index usually are signs of Market tops; low ones, market bottoms.
FC Market Sentiment is a proprietary indicator derived from actionable sell-side trade ideas sent by the sell-side to their buy-side clients over the First Coverage platform. Over 1,000 institutional sales people at more than 250 firms participate on the First Coverage platform and have contributed hundreds of thousands of ideas since inception. Each Idea is associated with a ticker or sector and is tagged bullish or bearish by the creator. This data is aggregated at the sector, industry and market level. The FC Market Sentiment score ranges from 0-100 (0=most bearish, 50=neutral, and 100=most bullish) and represents a completely objective, real-time view into what advice the sell-side is providing to their buy-side clients Citigroup Panic/Euphoria Model  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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