By Zubeida Mustafa
Source: Dawn
THE Internet is a double-edged sword. It is a useful and accessible source of information. But it can also swamp you with disinformation leaving you totally confused and incapable of logical thinking. The issue that is doing the rounds on the Internet these days — but has not been taken up by the print media in a big way — is that of the Iranian oil bourse (IOB) that is on the anvil and is expected to trade in euros.
It seems to have assumed extraordinary importance because it is being linked directly to the current American confrontation with Tehran, which many fear would lead to war. After a similar build-up of rhetorics three years ago, the United States had attacked Iraq — and is still not ruing the consequences — so no one now dismisses as nonsense the talk of another military adventure by the Bush administration.
As is the case with conspiracy theories, there are some grains of truth in what is being said. It is the interpretation and the motives being read into the statements made and actions taken which leave one wondering about their credibility. The IOB theory goes as follows.
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