Economic crisis 'top threat to US'

Intelligence chief says anger over US policies has damaged strategic interests.

    Reporting to congress, Blair said al-Qaeda was less effective than it had been a year ago [EPA]

    And he warned that Taliban fighters had demonstrated "greater aggressiveness and more lethal tactics" in attacks over the past year and expressed concern that efforts to improve governance and development in the nation were being hampered by poor security in many areas and a lack of strong government control.

    Nuclear concerns

    Blair said global perceptions that the US had sparked much of the current global economic turmoil because of market excesses and inadequate regulation had increased criticism of the country's free market policies.

    This in turn would hamper "long-time US objectives" such as the access to national capital markets and increasing domestic demand in Asia.

    "It already has increased questioning of US stewardship of the global economy and the international financial structure," Blair said.

    He also cautioned that while US intelligence could not be certain that Iran intended to develop nuclear weapons, the nation was "keeping open the option" to develop them.

    On the issue of North Korea, Blair said the country is unlikely to use its nuclear weapons unless it feels its survival is at stake.

    SOURCE: Agencies


    YOU MIGHT ALSO LIKE

    'We scoured for days without sleeping, just clothes on our backs'

    'We scoured for days without sleeping, just clothes on our backs'

    The Philippines’ Typhoon Haiyan was the strongest storm ever to make landfall. Five years on, we revisit this story.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    Daughters of al-Shabab

    Daughters of al-Shabab

    What draws Kenyan women to join al-Shabab and what challenges are they facing when they return to their communities?