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Iran's military test-fired a new surface-to-surface missile from a warship as part of exercises along a strategic shipping route, state media reported on Sunday.
Iran launched six days of naval war games on Tuesday in the Sea of Oman and the Gulf region amid tension with the United States and Israel, which have not ruled out military action if diplomacy fails to end a row over Tehran's nuclear work.
Iran has said that, if pushed, it could close the Strait of Hormuz at the entrance to the Gulf and through which about 40 percent of the world's traded oil passes.
"The surface-to-surface Nasr-2 missile was tested in the (Sea of) Oman operational region," state radio reported, adding that the test took place on Saturday.
"The Nasr-2 was fired from a warship and hit its target at a distance of 30 km (19 miles) and destroyed it," the official news agency IRNA said, adding it was the first test of the new, medium-range missile.
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War with Iran would close down the Gulf – DUH -
Tribune has hired bankruptcy advisers as the ailing newspaper company faces a potential bankruptcy filing, people briefed on the matter said.
The newspaper, which was taken private last year by billionaire investor Samuel Zell, has hired advisers including Lazard and Sidley Austin, one of its longtime law firms, these people said. Tribune has been hobbled by debt related to that sale last year, which has been compounded by the growing drought of advertising for newspapers.
It is only the latest — and biggest — sign of duress for the newspaper industry yet. Several newspaper companies have struggled to cope with declining revenues and mounting debt woes. Tribune has pared back the newsrooms of many of its papers, including The Chicago Tribune, The Los Angeles Times and The Baltimore Sun, and it sold off Newsday to Cablevision’s Dolan family earlier this year.
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This is not surprising. The printed newspaper as we knew it ten years ago is dead.
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