Reader L poses a question about the effect on financials whenever undersea Internet wires are cut. I don't have any special knowledge in this area, so the question is posed to our other readers and agents. So far, one article quoted a Dubai source as saying their financials could be adversely affected if the cables remain cut for too long. In other cases, it was mentioned that backup alternatives are used, but that these methods cause delays. (Note: Also see map below.)
***************************************************************
Re: THIRD UNDERSEA INTERNET CABLE CUT....
I wonder if the financial transfers use the same wires. Do you know if they do?
***************************************************************
Below is a map of the general area of the cut undersea cables between that part of the Meditteranean just north of Egypt (denoted by the red "1"), and that part of the Persian Gulf and Dubai in the U.A.E. (denoted by the red "2"). Notice how close Dubai is to the notorious Strait of Hormuz. And Iran.
-------------------------------------------------
: Two cables out Wednesday, and another cable out Friday. All
: affecting Asia, much of the Middle East and North Africa.
: Lightning strikes thrice. If these are deliberate acts, I
: wonder who might be cutting the cables?
: -------------------------
:
: http://www.cnn.com/2008/WORLD/meast/02/01/internet.outage/?iref=hpmostpop
: Third undersea Internet cable cut in Mideast
: (CNN) -- An undersea cable carrying Internet traffic was cut
: off the Persian Gulf emirate of Dubai, officials said
: Friday, the third loss of a line carrying Internet and
: telephone traffic in three days.
: Ships have been dispatched to repair two undersea cables
: damaged on Wednesday off Egypt.
: FLAG Telecom, which owns one of the cables, said repairs were
: expected to be completed by February 12. France Telecom,
: part owner of the other cable, said it was uncertain when
: repairs on it would be repaired.
: Stephan Beckert, an analyst with TeleGeography, a research
: company that consults on global Internet issues, said the
: cables off Egypt were likely damaged by ships' anchors.
: The loss of the two Mediterranean cables -- FLAG Telecom's
: FLAG Europe-Asia cable and SeaMeWe-4, a cable owned by a
: consortium of more than a dozen telecommunications
: companies -- has snarled Internet and phone traffic from
: Egypt to India.
: Officials said Friday it was unclear what caused the damage to
: FLAG's FALCON cable about 50 kilometers off Dubai. A repair
: ship was en route, FLAG said.
: Eric Schoonover, a senior analyst with TeleGeography, said the
: FALCON cable is designed on a "ring system,"
: taking it on a circuit around the Persian Gulf and enabling
: traffic to be more easily routed around damage.
: Schoonover said the two cables damaged Wednesday collectively
: account for as much as three-quarters of the international
: communications between Europe and the Middle East, so their
: loss had a much bigger effect.
: Without the use of the FLAG Europe-Asia cable and SeaMeWe-4,
: some carriers were forced to reroute their European traffic
: around the globe, which could cause delays, Beckert said...
: Continues at:
: http://www.cnn.com/2008/WORLD/meast/02/01/internet.outage/?iref=hpmostpop
