CHINA MAY EXPORT FIGHTER JETS TO IRAN

This is all shaping up nicely. Let others chase the ghost of jihadists. We'll keep our eye on those sneaky Chinamen.

FOR SALE...NEW YORK CITY: MUSLIMS WILL OWN CHRYSLER BUILDING

Sad days indeed:

The latest Big Apple trophy being coveted by oil-rich sovereign wealth funds is the landmark Chrysler Building.

Sources say the super-rich Abu Dhabi Investment Council is negotiating an $800 million deal for a 75 percent stake in the Art Deco treasure that has defined the Midtown skyline since 1930.

The deal follows last month's sale of the GM Building and three other Macklowe/Equity Portfolio properties for $3.95 billion to a group of investors including the wealth funds of Kuwait and Qatar and Boston Properties.

Just part of a growing trend that is seeing NYC go the way of Rome.

Now a top Italian real estate investor has nabbed a crown piece of New York property, a sale that echoes the Japanese purchase of Rockefeller Center in 1989. Valter Mainetti has confirmed to TIME that his company, the Sorgente Group, has acquired a majority share of Manhattan's historic Flatiron building.

Only a matter of time before the French buy back the Statue of Liberty.