JANUARY 2017

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- Suresh Jaura
Publisher and Managing Editor

MORE SMOKE & MIRRORS

0712 flag pakistanSectarian violence in Karachi is just another chapter in Pakistan’s long history of violence against minorities, has afflicted Pakistan virtually from its moment of birth...

TRUMP'S FOREIGN POLICY

U.S. allies in Europe, Asia and the Middle East, smiling through their teeth, are feverishly hoping that Washington will maintain its security commitments. The Russians are ... . . ..   

AFGHANISTAN-PAKISTAN-USA

A US revaluation of its Af-Pak policy appears likely under Trump... It is, however, unlikely that US AfPak policy under Trump will be ‘more of the same’. Crucially, Pakistan’s role in supporting terrorism in Afghanistan . . .

NUCLEAR WWWIII

Escalation of hostility may become a thermonuclear WWIII.

ARM & TRAIN

Non-Muslims in violent conflict areas to enhance the security...

HYDRO BOOM & CONFLICTS

With approval of power plants, conflicts have arisen ...

SUICIDE TERRORISM

Growing support for suicide terrorism

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Swimming Without Shorts in A World Awash in Liquidity

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By Stuart Bergman
Deputy Chief Economist Export Development Canada

Six years ago, a world that teetered on the edge of the worst economic plunge since the Depression was arguably rescued by a wave of massive and unprecedentedly coordinated public stimulus measures. Among other things, central bankers of the world opened the floodgates to a surge of liquidity that would help carry a panicking global economy to the shores of relative safety. One unintended side effect of QE saw investment cash flood out of safe assets and into a number of riskier ones.

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The ‘Grexit’ Issue and the Problem of Free Trade

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By George Friedman *

The Greek crisis is moving toward a climax. The issue is actually quite simple. The Greek government owes a great deal of money to European institutions and the International Monetary Fund. It has accumulated this debt over time, but it has become increasingly difficult for Greece to meet its payments. If Greece doesn't meet these payments, the IMF and European institutions have said they will not extend any more loans to Greece. Greece must make a calculation. If it pays the loans on time and receives additional funding, will it be better off than not paying the loans and being cut off from more?

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China’s New Investment Bank: A Premature Prophecy

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By Mark Fleming-Williams

Former U.S. Treasury Secretary Lawrence Summers wrote on April 5 that this month may be remembered as the moment the United States lost its role as the underwriter of the global economic system. His comments refer to the circumstances surrounding China's launch of a new venture, the
Asian Infrastructure Investment Bank (AIIB). Wary of China's growing ambitions and influence, the United States had advised its allies not to join the institution, but many signed up anyway. The debacle was undoubtedly embarrassing for Washington, but even so, Summers' prophecy is a bit premature at this stage.

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Coming to Terms With the American Empire

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By George Friedman *

"Empire" is a dirty word. Considering the behavior of many empires, that is not unreasonable. But empire is also simply a description of a condition, many times unplanned and rarely intended. It is a condition that arises from a massive imbalance of power. Indeed, the empires created on purpose, such as Napoleonic France and Nazi Germany, have rarely lasted. Most empires do not plan to become one. They become one and then realize what they are. Sometimes they do not realize what they are for a long time, and that failure to see reality can have massive consequences.

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Amid an Economic Crisis, Russia Contains Dissent

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Stratfor Analysis

With Russia entering its second recession in six years, the country's economic and financial hardships are starting to weigh on the Russian people and regional governments. In times of severe economic crisis, such as those in 1905 and 1998, the Russian populace and regional authorities traditionally react against federal authority, fragmenting the country. Those in power in Moscow understand this and are taking measures to ensure that they counter and prevent any social or regional backlash and dissent.

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Climate Crisis: Pledges Being Made, But Inadequate

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By Countercurrents.org

Under the shadow of climate crisis, and ahead of this December's Paris climate summit the US joins EU, Mexico, Norway and Switzerland in making contribution to 2015 climate deal public. The deadline for submitting pledges was March 31, 2015. However, the pledges are inadequate, and are not compatible with holding warming below 2°C

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Access To Medicines Key To The Right To Health And Life

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By Martin Khor : IDN-InDepth NewsAnalysis

Access to medicines, even if a person is too poor to afford it, is a cornerstone to the realization of the right to health and life.  There has been significant progress in new and better medicines.  However prices of the medicines are often priced so high so as to be out of reach of the poor or even the middle classes in many countries, not only in developing but also in developed countries.

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British Values: Real And Imagined

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By Dan Glazebrook

David Cameron’s attempts to style himself as the latest incarnation of a long tradition of ‘British values’ of tolerance, democracy and the rule of law is belied by both British history and his own policies. It also plays right into the hands of ISIS.

David Cameron has been at it again. Following the brutal attacks on visitors to the Bardo museum in Tunisia last month, Cameron took the opportunity to repeat one of the most common and pernicious falsehoods of his premiership – that he is a staunch defender of a set of moral absolutes he calls ‘British values’.

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Europe’ s Feeble Efforts To ‘Punish’ Israel

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By Jonathan Cook

The question of punishing illegal settlements in occupied Palestinian territory was considered separately in Europe and Israel last week, with only superficial differences in the conclusions reached. Israel’s near half-century occupation is in no immediate danger, either at home or abroad. Some 16 European foreign ministers sent a letter to the European Union’s foreign affairs chief, Federica Mogherini, calling for the EU to label clearly Israeli settlement products to alert shoppers to their true provenance

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How America's Aristocracy Extends Its Global Control

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By Eric Zuesse

America's great Founders defeated the aristocracy of their time. Gradually, an American aristocracy has arisen to take its place. But, with what's now known, perhaps those people can also be defeated; and, this time, because of what is now known, it might be able to be done in a way that will prevent any future aristocracy from forming here. The situation is far from hopeless. It is bad, but progress really is possible. And progress should be the goal.

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Why (market-based) U.S. Education Reform Is Doomed

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By David Ellison

Our entire system of education is based upon a century-old assembly-line industrial model. We sort children according to their ages, insist they all learn identical things at precisely the same time.

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