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The Libyan Rebellion: The West’s Cloak over the Gulf
Fidel Castro was right. The West was planning an attack on a sovereign third world nation imminently: Libya. Nothing like a good old war against brown and black people in Libya by the West to remind oneself of what Western civilisation is all about. Many of us who have been politically active since the 1990s […]
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What Does the Libyan Opposition Want?
As everyone knows, Muammar Gaddafi is an authoritarian dictator. Authoritarian dictators are a dime a dozen in world history, though, so that is not what would distinguish him from the rest of his kind in history books. What might make him stand out is this: in the twilight of his autocratic career, Gaddafi had become […]
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Interview with John Tully, Author of The Devil’s Milk: A Social History of Rubber
Why, of all possible commodities, did you choose to write a book on rubber? The Devil’s Milk: A Social History of Rubber” width=”260″ height=”393″ border=”0″ title=”BUY THIS BOOK”>THE DEVIL’S MILK: A Social History of Rubberby John Tully BUY THIS BOOK The Devil’s Milk: A Social History of Rubber Book Launch with author John Tully Tuesday, […]
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On the Arab Revolt: Interview with Vijay Prashad
Vijay Prashad is a prominent Marxist scholar from South Asia. He is George and Martha Kellner Chair in South Asian History and Professor of International Studies at Trinity College, Connecticut. He has written extensively on international affairs for both academic and popular journals. His most recent book The Darker Nations: A People’s History of the […]
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Germany: Yet Another Vote for War in Afghanistan, Amidst Guttenberg Scandals
“Guttenberg trotz Ansehensverlust beliebtester Politiker” [Guttenberg, Germany’s Most Popular Politician, Despite Scandals] (AFP, 28 January 2011). The German man of the hour is Baron Karl-Theodor von und zu Guttenberg. Actually he has eight other given names, which modestly prohibits him from using, but the title shows that his family traces back to 1158. He is […]
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The War Party Pushes Obama for Even More Iran Sanctions
The first issue of The Weekly Standard for 2011 includes an article by Reuel Marc Gerecht and Mark Dubowitz, entitled “The Logic of Our Iran Sanctions: Accelerate Them Now.” Gerecht and Dubowitz are both affiliated with the Foundation for Defense of Democracies and are prominent voices in neoconservative circles focused on Iran. We highlight their […]
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Expanding US Raids in Pakistan: Interviews with Mike Ferner, Kathy Kelly, Michael Marceau, and Ann Wright
On 20 December 2010, the New York Times reported (Mark Mazzetti and Dexter Filkins, “U.S. Military Seeks to Expand Raids in Pakistan”): “Senior American military commanders in Afghanistan are pushing for an expanded campaign of Special Operations ground raids across the border into Pakistan’s tribal areas. . . . Now, American military officers appear confident […]
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West Sea Crisis in Korea
Contested Waters: Background to a Crisis 1. On November 23, 2010, military troops from the Republic of Korea (ROK, or South Korea) and the United States conducted war-simulation exercises, dubbed “Hoguk” [“Defend the State”], a massive joint endeavor involving 70,000 soldiers, 600 tanks, 500 warplanes, 90 helicopters, and 50 warships. It was slated to […]
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Unquiet on the Far Eastern Front
From the FWIW department, a video of an anti-war demonstration of 160 people in Shinjuku, Tokyo, Japan, on 5 December 2010. One of the themes of the Shinjuku demo, as shown in this poster, was (to paraphrase rather than translate): “‘China Will Invade Japan’? Are You Nuts?” In other words, the crazy Japanese right-wingers are […]
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Why Should Iran Trust President Obama?
In the run-up to a new round of nuclear talks between the P5+1 and Iran on Monday, Western commentators are re-hashing old arguments that the Islamic Republic is either too politically divided or too dependent on hostility toward the United States for its legitimacy to be seriously interested in a nuclear deal. From this perspective, […]
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A Letter from Tel Aviv: The Right in Israel Is Playing with Fire
I am in Tel Aviv. 70 km away from the fires, I cannot even see the smoke cloud above the Haifa area, which is moving into the sea and may reach Cyprus before it comes to me. The pictures on my plasma TV are, however, very saddening. You see tens of thousands evacuated from […]
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Cancun Climate Conference: Some Key Issues
A year after the chaotic Copenhagen summit, the 2010 UNFCCC climate conference begins in Cancun. Expectations are low this time around, especially compared to the eve of Copenhagen. That’s probably both good and bad. The conference last year had been so hyped up beforehand, with so much hopes linked to it, that the lack of […]
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WikiLeaks, Iran, and the US’s Arab Allies: What the Corporate Media Are Not Saying
The corporate media are reliable and consistent. They consistently focus on the sensational, and they reliably take the position of the US government. So, it should come as no surprise that the recent release of US diplomatic cables by WikiLeaks is being covered with much sound and fury, signifying little. On the sensational and gossip-mongering […]
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Israeli Intentions regarding the Iranian Nuclear Program
Reference ID Date Classification Origin 05TELAVIV1593 2005-03-17 14:02 SECRET Embassy Tel Aviv This record is a partial extract of the original cable. The full text of the original cable is not available. S E C R E T SECTION 01 OF 03 TEL AVIV 001593 SIPDIS E.O. 12958: DECL: 03/14/2015 TAGS: PARM PREL MNUC […]
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New York Times Oversells WikiLeaks/Iranian Missiles Story
WikiLeaks document dumps are largely what media want to make of them. There’s one conventional response, which goes something like this: “There’s nothing new here, but WikiLeaks is dangerous!” But there’s another option: “There’s nothing here, except for the part that confirms a storyline we’ve been pushing.” In those cases, WikiLeaks is deemed very, very […]
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Squeezing Iran: The European Connection
Negotiations on Iran’s nuclear program are due to start again shortly, and once again the European Union is called upon as a “mediator.” This is no minor challenge. With Iran insisting on discussing Israel’s nuclear capacity and the United States preparing a tougher uranium swap agreement, a deal seems as far away as ever. Nevertheless, […]
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The Spectre of Default in Europe
Default, Debt Renegotiation and Exit When the Eurozone crisis burst out in early 2010, an RMF report identified three strategic options for peripheral countries, namely, first, austerity imposed by the core and transferring the costs of adjustment onto society at large, second, broad structural reform of the Eurozone in favour of labour and, third, exit […]
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Noam Chomsky on Hopes and Prospects for Activism: “We Can Achieve a Lot”
Acclaimed philosopher and activist Noam Chomsky is Institute Professor Emeritus of Linguistics at the Massachusetts Institute of Technology. He shared his perspectives on international affairs, economics, and other themes in an interview conducted at his office in Boston on September 14, 2010. Keane Bhatt: Your new book Hopes and Prospects begins with the story of […]
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Haircuts: Estimating Investor Losses in Sovereign Debt Restructurings, 1998-2005
Table 14 summarizes the main technical characteristics of the debt restructurings studied in this paper: the size of the exchange, the participation rate, the numbers of instruments tendered and new instruments issued, the options available to investors, etc. Table 15 contains the main results, both in terms of the level and dispersion of NPV […]
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The Value of Money
Paul Jay: On November 7, the president of the World Bank, Robert Zoellick, issued a statement calling for the reintroduction of some form of gold standard to establish the value of money. Why now? . . . Is Robert Zoellick’s proposal grasping at straws? Jane D’Arista: Well, what you’re saying is quite right. The […]