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On October 11, Iran test-fired a new generation of surface-to-surface ballistic missiles capable of hitting Israel. 

The Emad, as the long-range weapon is called, is a variant of Tehran’s Shahab-3, has a range of 1,700 kilometers, and is accurate to within 500 meters, according to  Anthony Cordesman, a researcher at the Center for Strategic and International Studies. For those who might have missed it, here is the clip:

http://www.youtube.com/watch?v=lYxmB7YGIK8

In the first two weeks of August 2008 (just a month before Lehman imploded), as tensions built in US financial markets, China weakened the Yuan for 10 straight days. Tonight, China just extended its streak of weakening the Yuan fix to 9 days (for an aggregate 1.4% devaluation, the largest such drop outside of August's devaluation in history). This pushes the Yuan back to June 2011 levels.

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

It has been a strange two days for US foreign policy.

Submitted by Simon Black via SovereignMan.com,

Thousands of years ago in ancient city of Babylon, specially trained scribes gathered each day in the Temple of Marduk to record the day’s events.

They used cuneiform writing instruments and clay tablets, over 1200 of which still survive today.

These scribes kept excellent records, detailing astronomical observances and water levels of the Euphrates River, as well as market prices for the most popular commodities like wheat, barley, and wool.