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Chávez Hails “New Middle East”
Venezuelan President Hugo Chávez: Condoleezza once said . . . that the United States was going to create “a new Middle East.” Here’s a new Middle East, but not the one they wanted — another Middle East. * * * Summary of the Venezuelan Presidential Visit to the Islamic Republic of Iran, 18-20 October 2010 […]
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G20: The United States and Neo-mercantilism
Here comes the travail of crisis. The more they talk about coordination, the more it becomes necessary to concentrate on the conflicts revealed by the very talk of coordination. The G20 finance ministers’ meeting, held in South Korea on Friday, has already been mortgaged by the case opened by US Treasury Secretary Timothy Geithner regarding […]
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Prevent Global Nuclear Conflict
Message of Fidel The use of nuclear weapons in a new war would mean the end of humanity. This was foreseen by scientist Albert Einstein, who was able to measure their destructive capability to generate millions of degrees of heat, which would vaporize everything within a wide radius of action. This brilliant researcher had promoted […]
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French Protesters Have It Right: No Need to Raise Retirement Age
The demonstrations that have rocked France this past week highlight some of its differences from the United States. This photo, for example, shows the difference between rioting in baseball-playing versus soccer-playing countries. In the U.S., we would pick up the tear gas canister and THROW it — rather than kick it — back at the […]
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The Iran That the Western Media Don’t Want You to See
When Iranian President Mahmoud Ahmadinejad traveled to Lebanon last week, attracting huge crowds and what seemed like an overwhelmingly positive public response, many Western analysts dismissed the trip as a kind of cheap political trick, meant to distract attention from Ahmadinejad’s allegedly unpopular standing at home. But, after returning from Lebanon, Ahmadinejad made a trip […]
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Playing the Currency Blame Game
The slanging match over currency and monetary policies at the annual Fund-Bank meetings, held over the second weekend of October, points to the disarray in global economic governance. While the US sought to mobilise IMF support for an effort to realign exchange rates and ensure an appreciation of the renminbi in the wake of China’s […]
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The Myth of Expansionary Fiscal Austerity
Introduction Recently governments, economists, and international financial institutions have been debating the merits of further fiscal stimulus to combat the Great Recession versus fiscal austerity or “adjustment” — that is, higher taxes and/or lower government spending — to combat budget deficits. Some supporters of austerity have gone as far as arguing that fiscal adjustment could […]
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James Ellroy’s USA
Blood’s a Rover is the third novel in a series by James Ellroy depicting the “secret history” of U.S. government action against the Cuban Revolution, global anti-colonial struggles, and domestic Black liberation struggles circa 1955-1974. FBI agents, government officials, and mobsters find themselves on the same programmatic page and payroll: the bi-partisan COINTELPRO program. Ellroy […]
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Recycling Global Imbalances
Is the United States at long last getting serious about global imbalances, or are we risking currency wars that can end in unmitigated disaster for all? No one knows, though tension is on the rise with China. This much is certain: Any advantage from a lower currency is a zero-sum gain for the world […]
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First as History, Then as Farce: The Euro Crisis Revisited
When the Crash of 2008 hit Wall Street, European capitalism was thrown into disarray. With the demise of the export-absorbing monster that was the US consumer market, what in 2003 Joseph Halevi and I called “The Global Minotaur” (see Monthly Review, Vol. 55), Europe not only lost a critical source of aggregate demand but also […]
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Maduro: “Venezuela Has Sacred Right to Use Nuclear Energy for Peaceful Purposes”
The Venezuelan foreign minister characterizes as insolent the statement of the US State Department spokesperson who said that the US will closely watch Russia’s agreement to build a nuclear power plant in Venezuela. The United States has no moral high ground to stand on, since the US is using nuclear energy for military purposes. […]
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The Empire from Inside (Part Five)
CHAPTERS 28 and 29 Obama came down from the residence and saw Biden. Biden advised him: “What you’re about to do is a presidential order; it is no longer an issue of continuing a discussion. This is not what you think. This is an order. Without them, we’re locked into in Vietnam”. Obama answered: “I’m […]
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Brazil Should Lead on Access to Essential Medicines
By the greater use of compulsory licenses, Brazil could lower drug costs not only in Brazil, but in developing countries overall. At a time when the New York Times is reporting that “the global battle against AIDS is falling apart for lack of money,” it is absolutely essential that the price of lifesaving medicines in […]
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Iran’s “Soft Power” Increasingly Checks U.S. Power
October 13, 2010 Twenty years ago, Harvard’s Joseph Nye famously coined the term “soft power” to describe what he saw as an increasingly important factor in international politics — the capacity of “getting others to want what you want,” which he contrasted with the ability to coerce others through the exercise of “hard” military and/or […]
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The Empire from Inside (Part Four)
CHAPTERS 20 and 21 Assessments about the options regarding the war in Afghanistan continued. Three priorities in terms of civilian efforts are identified: agriculture, education and reduction of poppies. If these aims were to be met, support for the Taliban could be undermined. The big question was still: “what can you do in a year?” […]
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Immigration and Labor
John Schmitt: My view on immigration and how to deal with the labor market challenges is to focus on the labor market rather than to focus on the immigration issue itself. I think, if we have good, effective national labor standards that guarantee workers at the bottom have the basic minimum wage, they have the […]
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Brazil’s Elections Will Matter for the Rest of the World
In Brazil, as in the United States, most people do not vote for a president on the basis of foreign policy issues. Yet sometimes the result matters for the rest of the world — as when President George W. Bush was declared the winner of the 2000 election, and subsequently started two destructive, costly, and […]
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The Empire from Inside (Part Three)
CHAPTER 15 Admiral Mullen appeared before the Senate Armed Services Committee for his confirmation hearing heading towards a second two-year term, two days after the first session dedicated to the strategy. In his statement, the admiral refers to the strategy suggested by McChrystal and he adds that this “probably means more forces”.
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Iran-Cuba Ties
Nargess Moballeghi: Two revolutions in two parts of the world for two different reasons. . . . The Cuban Revolution led by Fidel Castro overthrowing Fulgencio Batista in 1959 and the Islamic Revolution led by Ayatollah Khomeini overthrowing the Shah twenty years later. Though ideologically they couldn’t have been further apart, they have a […]
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The Empire from Inside (Part Two)
In yesterday´s Reflection there appears a key paragraph taken from Woodward´s book: “One important secret that has never been reported in the media, or anywhere else, was the existence of a covert army of 3,000 men in Afghanistan, whose objective was to kill or capture Taliban and sometimes venture into the tribal areas to pacify them and get support.” That army, created and handled by the Central Intelligence Agency (CIA), trained and organized as a “special force” has been made up on tribal, social, anti-religious and anti-patriotic bases; its mission is the follow-up and physical elimination of Taliban fighters and other Afghans, described as extreme Moslems.A Saudi recruited and funded by the CIA to fight against the Soviets when their troops were occupying Afghanistan has nothing in common with Al Qaeda and Bin Laden.When Vice President Biden traveled to Kabul at the start of 2009,David Mckiernan, chief of American troops in Afghanistan told him in answer to a question about Al Qaeda that he hadn´t seen one single Arab in two years there. Despite the relatively brief and ephemeral importance that the principal international press gave to “Obama´s Wars”, without a doubt these did not shirk from recording this revealing piece of news.