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Israelis doubt world will stop Iran’s nuclear quest: experts

TEL AVIV (Reuters) – The latest report by U.N. inspectors has hardened suspicions that Iran is seeking nuclear arms capability, but Israeli experts have little confidence that international action will deny the Islamic Republic the means to make a bomb. The pessimism sounded by academics, retired generals and statesmen on…

Downgrade batters U.S. stock markets

US stocks dropped sharply on Monday, while Treasury bond prices actually rose in the wake of Standard & Poor’s unprecedented downgrade of the United States’s credit rating. The Dow Jones Industrial Average plummeted 334.68 points (2.9 percent) to 11,109.93 at 1630 GMT. The broader S&P 500 dropped 45.64 points (3.8…