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Intrnational Agencies News
Maps of interest
Russia Watch East Asia Watch
Dates of the wars: Revolutionary: 1775-1783 1775 - 2005: 230 years
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Possible seat of generals for Asian Pacific: Highlander model of the Barcalounger |
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Area of the Kuril islands disputed |
12.02.04 Austrailia refuses to sign non-aggression pact
Australia refused to sign a non-aggression pact with the southeast Asian nations during the Southeast Asian Nations summit in Laos. Its reason for not joining New Zealand, Russia, China and others in signing the treaty is that it reserves the right of preemptive strikes if threatened by terrorists. Russia had previously made a similar declaration, following Bush's lead, and Russia's willingness to sign the Treaty of Amity and Cooperation is a sign of hope in a gloomy Bush-aligned world. [More on the non-aggression pact: bignewsnetwork via http://tajikistannews.net/]
12.02.04 Kurdistan region of Iraq booming without war
Employment is booming in northern Iraq. Suleimaniyah, an area once impoverished, is receiving an influx of foreign companies and increasing regional investment. The Kurdish region of Iraq is a safe place compared to the rest of the country. [More>>dailystar.com]
12.02.04 UN tells Israel to stop violating Lebanese airspace
The UN said 8 air violations involving 16 aircraft were recorded over Lebanon's airspace Wednesday. The aircraft attract anti-aircraft fire from the Lebanese army or Hezbollah guerrillas, who played a key role in ending the Israeli occupation. Israel had occupied the area 22 years and pulled out in 2000, but continued overflights. Thursday the United Nations asked Israel to stop the overflights violating Lebanese airspace. [More>>haaretzdaily.com]
12.02.04 Syria rejects Sharon's terms for peace talks
The Syrian government on Thursday afternoon rejected Prime Minister Ariel Sharon's proposal to meet with Syrian President Bashar Assad "under the right circumstances." "We have proposed a resumption of negotiations without conditions," Syrian Foreign Minister Farouk al-Shara told a press conference jointly held with visiting Jordanian Foreign Minister Hani Mulki.
"I now notice that the Israeli prime minister is setting conditions on Syria, and that is unacceptable," al-Shara said. [More>>Jerusalem Post and Haaretz Daily]
12.02.04 Egyptian president advises Palestinians to work with Sharon
President Hosni Mubarak on Thursday described Prime Minister Ariel Sharon as the Palestinians' "best chance for peace." He voiced the opinion that Sharon is capable of making peace with the Palestinians if he wants to. [More..Jerusalem Post and Haaretz Daily]
12.02.04 All trapped miners are dead
All 166 miners trapped underground in a coal mine gas blast, the worst mining case ever reported in China, were confirmed dead yesterday. [More>>xinhuanet]
12.02.04 Auto sales slump in China
The booming auto sector in China you were told about a few days ago by the major networks isn't what we thought it would be. The latest news out of China is that auto sales have plunged. Apparently the growing middle class that was supposed to be fueling the boom didn't hear the good news about how well they were doing as a report says, referring to the middle class, "only to discover it's not quite there." [More>>xinhuanet]
12.02.04 Solving the problem in Cyprus is a key to peace in the EU
Turkey insists that the problem between Turkey and Cyprus must be solved with its application to be admitted to the European Community (EU). Cyprus has been a member of the EU, but only the southern half of the island is in the EU. The northern half is a territory of Turkey. The capital city of Cyprus, Nicosia, is divided by a wall like the Berlin Wall where the Turkish / Cypriote border passes. In 1985, when I was there, people who lived on the southern side of the wall could not cross into the Turkish side, even to visit a family grave, where they once lived. Tourists were allowed through, however. The Turks complained about the Greeks in general: "The Greeks stir up storms in a glass of water with a toothpick," and the Greeks required (in answer) people coming from Turkey to Greek islands to wipe off their shoes on a mat on the dock before disembarking. They didn't want Turkish soil on Greek land. I didn't have to undergo the labor of cleaning Turkish soil off my shoes, but a friend with whom I had met several times in the Middle East related the custom to me as we were aboard ship heading for Haifa. Also, the Cypriote Greeks in Nicosia warned us not to go to Turkey, and if we should choose to do so we should guard our cigarette lighters, for (they said) "there are few cigarette lighters in Turkey and the Turks will steal them. I was surprised in arriving in Bodrum, Turkey, however, to find cigarette lighters all over the tabac stands. So you can understand there are ancient, hard feelings between the Greeks and the Turks (something like the Kashmir and Palestine situations maybe Musharraf can get this problem packaged into the Kashmir and Palestine issues.) In any event, Foreign Minister Abd Allah Gul said on Thursday Ankara will not recognize the Greek Cypriot government of EU member Cyprus until a durable solution is found to the 30-year conflict between the divided island's Turkish and Greek communities. [More on Abd Allah Gul's statement: Al-Jezeera]
Mel Copeland
12.02.04 Defense Secretary Rumsfeld's office & the "Iran's secrets to Israel" papers
Four people from a pro-Israel lobbying group in Washington were served with subpoenas before a grand jury as the FBI investigates whether Israel spied on the Pentagon. The American-Israel Public Affairs Committee (AIPAC) had its files and 4 employees subpoenaed Wednesday. FBI has been investigating whether a Pentagon analyst in Rumsfeld's office passed secret papers to Israel about Iran. [More>>Al-Jezeera]
12.02.04 New meeting for progress in the Middle East and North Africa
The first meeting of G8 nations, Middle East and North African nations will take place in Morocco December 11. The meeting is called, "Forum for the Future," and will explore economic and cooperative ventures among the nations. The Morocco meeting will bring together foreign affairs and finance ministers from more than 20 countries of the Broader Middle East and North Africa region, along with G8 counterparts and representatives from regional and international organizations. [More>>dailystar.com]
12.01.04 Not to forget the hate merchants
As one reads about more intense hatred around the world it is worthwhile, perhaps, to pause and think about the responsibility of the world press and those contributing to the press as to what happened to a particular "hate monger, " Julius Streicher, in 1947.
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Nazi propagandist Julius Streicher who was hanged |
In a speech which Streicher made in 1922 in Nurnberg, after abusing the Jews in the first paragraph, he went on to say:
"We know that Germany will be free when the Jew has been excluded from the life of the German people." (M-11).
In a speech in 1924 he stated:
"I beg you and particularly those of you who carry the cross throughout the land to become somewhat more serious when I speak of the enemy of the German people, namely, the Jew. Not out of irresponsibility or for fun do I fight against the Jewish enemy, but because I bear within me the knowledge that the whole misfortune was brought to Germany by the Jews alone.
"I ask you once more, what is at stake today? The Jew seeks domination not only among the German people but among all peoples. The communists pave the way for him. Do you not know that the God of the Old Testament orders the Jews to consume and enslave the peoples of the earth? The government allows the Jew to do as he pleases. The people expect action to be taken. You may think about Adolf Hitler as you please, but one thing you must admit. He possessed the courage to attempt to free the German people from the Jew by a national revolution. That was action indeed." (M-12).
In a speech in April 1925 Streicher declared:
"You must realize that the Jew wants our people to perish. That is why you must join us and leave those who have brought you nothing but war, inflation, and discord. For thousands of years the Jew has been destroying the nations. Let us make a new beginning today so that we can annihilate the Jews."(M-12).
When one reads these and many other statements made by Streicher words he used to condemn others and were in the end used to condemn him to death one is reminded how much they resemble statements commonly being made throughout the world press today but against different peoples. Fatwas against the Jews issued by Moslem clerics could have been written by Streicher. George W. Bush's comment on his "crusade" against the [Islamic] terrorists could have been written by Streicher. Many teachings in Christian churches, Jewish Synagogues and Islamic mosques resounding over prayers every sabbath, could have been written by Streicher.
Yesterday, Nov. 30, during the Peterson trial in Redwood City, near San Francisco, the mother of Stacy Peterson cried out, pointing at the defendant, "It was not necessary for you to murder your wife and her baby you could have divorced her!"
For a man and a wife to maintain peace between themselves, or two differing societies to maintain peace between themselves, there is the need for human compassion. Not the kind of compassionate conservatism George W. Bush applies, but compassion with prudence. The ancients have reminded us time and again the need to have prudence. Socrates, in fact, insisted that his students first acquire prudence before they try to acquire skills in speaking and efficiency in affairs. "For he believed that those faculties, unless accompanied by prudence, increased in their possessors injustice and power for mischief." [Xenophon, Memorabilia IV.III]
Yesterday, Nov. 30, George W. Bush spat out in a televised interview in Canada to the effect that "Of course, if the security of the United States were threatened by Saddam Hussein I would take him out." We have to ponder this one a bit, since the world was a witness to the threat that Saddam Hussein was to the United States, and we all witnessed that the accusations under which George W. Bush launched the war on Iraq to take out Saddam Hussein just were not supported by the evidence found in the ruins of Iraq. We all witnessed over the years Saddam Hussein brandishing his rifle in front of crowds as he crowed against the United States (who had him highly constrained through sanctions, a limited area of operation with "no fly zones" in the north and south of Iraq, oversight inspections, etc.). Rumors and facts called propaganda having to do with Weapons of Mass Destruction were cast over our airwaves and in the United Nations through Bush administration testimony. Bush gave Saddam Hussein an ultimatum to get rid of his weapons of mass destruction or face the consequences of an American invasion. We heard many nations plea that the weapons inspectors should be allowed to complete their investigation before any act of war proceeds. Ignoring the pleas, Bush invaded anyway, even castigating other UN members for not giving him support in the venture.
The destruction taking place in Iraq, as a result of Bush's arrogant behavior, he now justifies as a mission of "freeing people." That's exactly what Streicher was trying to do and he was hanged for it.
Mel Copeland
12.01.04 Musharraf repeats position: Kashmir and Palestine disputes ripe for solution
Repeating his position voiced last week, President Pervez Musharraf on Wednesday underscored that the disputes of Kashmir and Palestine are ripe for solution. He said that failure was not an option any more. Expressing this to the Argentine media the president said that he desired peace. Referring to his meeting with the Indian prime minister in New York and the joint statement issued, President Musharraf emphasised that he saw light at the end of the tunnel but there could not be clapping with one hand alone. "Pakistan is ready, India will have to come along," he added. [More>>jang.com]
12.01.04 Dollar drops, oil prices rise
An interesting Nov. 30 article by Christian E. Weller and Scott Lilly investigates a correlation between the drop in the dollar and rise in oil prices. Since oil producers sell their products in dollars, if the dollar drops, they would lose money. Weller and Lilly speculate that the producers may be compensating for their expected loss through the drop in the dollar by a proportionate increase in the price of oil. Their measurements note that the rise in the price of oil in euros is less marked than in dollars. [More>>americanprogress.org]
12.01.04 European heatwaves increasing
Richard Black, BBC environment correspondent, writes, "Emissions of greenhouse gases have more than doubled the risk of European heatwaves similar to last year's, according to a study by UK scientists. In 2003, temperatures across western Europe soared by several degrees Celsius above normal and five degrees in the case of Switzerland. It is thought that the unusually hot summer caused tens of thousands of excess deaths. Details of the study appear in the latest issue of the journal Nature." [More>>BBCnews]
12.01.04 Not a gunfight at the OK corral, just a visit of Powell to Haiti
WASHINGTON, Dec. 1 US Secretary of State Colin Powell and his delegation escaped an intense gunfight that erupted outside Haiti's presidential palace on Wednesday. No one in the delegation was hurt. Other scheduled talks with Haitian leaders will be relocated, a senior State Department official said.
12.01.04 Japanese minister wants Security Council over-hauled
Foreign Ministry spokesman Hatsuhisa Takashima said on Wednesday that all permanent members of the UN Security Council should be treated the same as other members. "Japan considers it unfavorable to have permanent Security Council members that have veto power and those that don't have it," Takashima said. But the spokesman added that Japan would bow to the majority within the UN "if it is the consensus of the international community". [More>>Al-Jezeera]
12.01.04 Another coal mine explosion in China 13 dead
With 166 workers believed dead in the Shaanxi province coal mine explosion, China endured another mine explosion in Guizhou province. The coal mine explosion killed 13 miners, with three others missing. A total of 49 workers were underground when the explosion occurred. [More>>xinhuanet via Al-Jezeera]
12.01.04 Egyptian troops to beef up Israeli-Egyptian border
Egypt and Israel have reached an accord to add 750 Egyptian troops to the Israeli-Egyptian border at Gaza to stop smuggling into Gaza. The accord modifies the 1979 Camp David agreement that allowed only a few Egyptian policemen to guard the border. [More>>haaretzdaily.com]
12.01.04 More troops heading for Iraq
The US Department of Defense announced that more troops from the 82nd Airborne Division are being deployed to Iraq in anticipation of the January 30 elections in Iraq. At least two Army brigades that are now operating in Iraq will have their tours extended by two months, until after the election [More>>AP, New York Times]
12.01.04 Morgan Stanley's chief Asian economist warns against devaluing China's currency
BEIJING, Dec. 1 Morgan Stanley's chief Asia economist Andy Xie warns China against devaluing its currency. He says it could damage the economy and create an economic "bubble" like Japan. China will be trapped with low growth, low interest rates and low inflation but a strong currency. He says that the macro economic situation in China resembles that of Japan when its currency was pressed to revalue during its fast growth period. At the moment 1.2 billion dollars of speculator money is in China waiting for a revaluation of the RMB.
In a related article in China View, China's economy is expected to grow 8% in 2005 according to a Nov. 30 report from the Organization for Economic Cooperation and Development (OECD) [More>>xinhuanet]
12.01.04 US business group may invest $100 billion in Southeast Asia
The U.S.-ASEAN-Business Council, which represents some of the top corporations in the United States, took part in a business summit which took place on the sidelines of the Association of Southeast Asian Nations' meeting in the Laotian capital. The group said Tuesday that it could invest $100 billion in Southeast Asia by 2006. [More>>bignewsnetwork.com]
12.01.04 Fallujah the 21st century Guernica?
Asia Times journalist Pepe Escobar says that when the Iraqis write their history they may compare the [ongoing] offensive in Fallujah to Guernica. While Picaso's famous painting, "Guernica" (1937) in the Prado Museum, Madrid, comes into mind for Americans who are interested in wall hangings, the now priceless work of art remembers a horrifying event history will never forget.
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12.01.04 New oil deal between India and Russia in the making
MOSCOW , Dec. 2 (Asia Times article by Sergei Blagov) India may be committing billions of dollars to develop oil and gas fields in Russia. A series of hydrocarbon deals is likely to be clinched during President Vladimir Putin's December visit to India. Russia and India have long discussed investments by India's Oil & Natural Gas Corp. (ONGC) in Russia. "Russian companies are keen to invest heavily in India in core sectors like energy," Russian Deputy Prime Minister Alexander Zhukov announced on the eve of Putin's trip, which is due to start on Friday. He indicated that Moscow was "looking at possible cooperation in oil and gas." India already holds a 20% stake in the energy-rich Sakhalin-1 block. The Sakhalin-1 project is to begin natural-gas production in late 2005. It is likely to generate up to 8 million tons of oil and 9.5 billion cubic meters of natural gas a year eventually. The $12 billion project at Sakhalin-1 Exxon-Mobil is run by Exxon-Mobil with a 30% stake in the project, while Sodeco of Japan has a 30% share and Russia's Rosneft 20%. [More>>atimes.com]
12.01.04 Ukranian Parliament passes Yanukovych "no confidence" vote
KIEV, Dec. 1 (RIA Novosti's Viktor Demidenko) - Ukraine's Parliament, the Rada, today passed a vote of no-confidence in the Viktor Yanukovych government, adopting a resolution that it be dissolved and a new cabinet of ministers be formed to replace it. The motion got through with 229 "yes" votes, three votes above the threshold. Only one MP of the 240 in attendance voted against.
The full title of the adopted resolution is "On Stabilization of the Political, Social and Economic Situation in Ukraine and Prevention of Anti-Constitutional and Separatist Actions Threatening the Country's Sovereignty and Territorial Integrity." Parliament proposed outgoing President Leonid Kuchma and Rada Speaker Vladimir Litvin form an interim "government of public confidence" to fill in the power vacuum until a new president is elected. [More>>rian.ru]
12.01.04 Russia rolls out new naval ships
Russia will be putting new ships in sea trials 2006, said Vladimir Kuroedov, Commander-in-Chief of the Russian Navy, in an interview with RIA Novosti. Tests of the Korvet-type warships and the new submarine APL-995 of the Borei type will begin in 2006. The 100 meter long Korvet vessels have 2,000 tons displacement and incorporate updated attack missile systems: antiship, antiaircraft, antisubmarine with a new artillery system. The nuclear powered Borei submarine has 17,000 tons displacement,170 meters long with a crew of 130, features a leading-edge underwater noise-suppression system. It will be equipped with twelve strategic solid-fuel missiles. [More>>rian.ru]
12.01.04 Russia announces ambitious space program
MOSCOW Nov. 29 Russia's new space program promises new vigor. Since 1989 when the budget was 6.9 billion roubles (then $4.3 billion) it has languished, with current funding being 20 percent less than that of 1989. However, state funding for the space program has been growing in the last few years. Allocations surged by 71.2% in 2002 as against 2001, and exceeded the 1999 figure by 300%. In 2003 and 2004 annual growth was 30%. The draft 2005 federal budget stipulates 18,269.63 billion roubles for the Federal Space Program, or 133.47% of the 2004 level.
As in the previous years, half of the allocations will go to the International Space Station, needed for Russia to honor its commitments. The Russian Soyuz space vehicle acts as an emergency escape craft, maintains fuel reserves and also rotates crews prior to the resumption of US shuttle flights. Future space exploration will continue to focus on biological space experiments; space observatory experiments to monitor five to ten radio-wave sources - active galaxy nuclei and a super-massive black hole in the center of the galaxy - in coordination with ground facilities conducting radio-optical observations; The Phobos-Grunt project to land probes on Mars' satellite, Phobos in 2009; a continuatin of the Coronas-Photon project; and solar-activity forecasts: A craft must be positioned as far away from the Earth as possible to predict solar activity. Russian scientists have put forward the Klipper project, which is designed to launch several tiny solar-sail satellites. The pressure of the solar wind in the sails will move the craft three to four million kilometers away from Earth, which will give scientists more time to issue warnings about "dangerous" occurrences in space. [More>>rian.ru]
11.30.04 China unhappy over Dalai Lama's visit to Russia
BEIJING, Nov. 30 A Foreign Ministry spokeswoman Tuesday described Russia's allowing the Dalai Lama to visit the country as something "incomprehensible," and hoped Russia would strictly follow principles on the Tibet issue enshrined in the political documents between the two countries. "The Dalai Lama is a politician in exile disguised as a religious figure, and engages in separatist activities against China," said spokeswoman Zhang Qiyue at a press conference.
China opposes the move of any country that has diplomatic relations with China to allow the Dalai Lama to visit it in any name or form, she added. According to an Interfax news agency report, the Dalai Lama arrived in Elista, capital of the Republic of Kalmyk, on Monday to begin his visit to Russia. [xinhuanet.com]
11.30.04 Outflow of capital from Russia slows
Russian Finance Minister Aleksey Kurdrin, during a press conference Monday, said that the outflow of capital from Russia stopped in the fourth quarter of the current year. According to forecasts from finance ministry specialists, the rate of foreign investments in Russia during the fourth quarter of 2004 exceeded the rate of the capital outflow by two billion dollars. Specialists believe that the notorious Yukos case became one of the main reasons, which cut the volume of foreign investments in Russia. Aleksei Kudrin, however, disagreed with such an opinion. The minister stated that the capital outflow had been caused with more attractive interest rates abroad. In addition, the Central Bank of Russia has been hampering the ruble rate. The bank crisis in summer has also played a negative role at this point. [More>>pravda.ru]
11.30.04 "The dollar is depreciating and it is not managed," complains Chinese Premier Wen Jiabao
BEIJING, Nov. 30 Chinese Premier Wen Jiabao has cricicized the United States for not taking measures to halt the slide in the dollar and insisted that China will not revalue the yuan under pressure. "We have to ask a question. The US dollar is depreciating and it is not managed," he told reporters in Laos late Sunday when asked about pressure to change the yuan's decade-old peg to the dollar.
"What is the reason for that? Shouldn't the relevant parties adopt measures?" he asked. Turning the tables on the United States, he contrasted the lack of US attention to its currency with China's attitude during the Asian financial crisis seven years ago. "China is a responsible country," he said. "In 1997, during the financial crisis, we maintained the basic stability of the yuan and made the kind of contribution that we should." [More>>xinhuanet.com]
11.30.04 More than 300 people feared dead from Philippine flood
A storm in the Philippines triggered flash floods and landslides that left thousands homeless and more than 300 dead. The floods came a week after a storm, that left about 160 people dead or missing, had hit the Philippines. The worst-hit area was Quezon province, east of Manila, where houses, bridges and roads were swept away. Another storm, nicknamed Nanmadol, is approaching the islands. Officials warn it is more powerful than the last one. [More>>bbc.co.uk via Tajikistannews.net]
11.30.04 Pilot whales and dolphins stranded in Australia
Long-finned pilot whales and bottle-nosed dolphins stranded on Sea Elephant Beach on Tasmania's King Island in Australia November 29. Over 100 of the mammals mysteriously beached themselves in a mass stranding which was repeated at another beach on the island states' south-east coast. More than three-quarters of Australia's whale strandings occur in Tasmania. [China Daily/Reuters]
11.30.04 Iran's freezing of uranium enrichment activites verified by IAEA
Monday the IAEA announced that Iran has frozen all uranium enrichment activities, following Tehran's accord to add 20 disputed centrifuges to the activities suspended. The chief of the International Atomic Energy Agency (IAEA), Mohamed ElBaradei said Monday, "We have already verified these 20 centrifuges and they are under (the) agency surveillance system. We have now therefore completed our verification of Iran's decision to suspend all enrichment and reprocessing related activities." ElBaradei made the announcement as he headed into a meeting of his International Atomic Energy Agency (IAEA), according to AFP. [More>>Iranmania.com]
11.30.04 United Nations to be restructured
UNITED NATIONS, Nov. 30 The United Nations on Tuesday unveiled a sweeping proposal to overhaul the organization, including the Security Council, in what would be the biggest UN reform since its founding in 1945. [jang.com]
11.30.04 Health crisis in Iraq, especially for children
Medact, a UK-based medical charity, said on Tuesday that the ongoing conflict in Iraq has produced a public health disaster. Many thousands of deaths and injuries and high levels of illness have been produced by the conflict. It says that there has been an alarming recurrence of previously well-controlled communicable diseases, including diarrhoea, acute respiratory infections and typhoid, especially among children. [More>>Al-Jezeera]
11.30.04 Economic growth in 2005 will be sluggish due to oil prices
The Organization for Economic Cooperation and Development said the world is experiencing an oil-induced "pervasive sense of uncertainty." It said Tuesday that growth will dampen next year but rebound in 2006. The Paris-based organisation with 30 member countries cut its growth forecasts for most leading economies in 2005. It said: ³Households seem to have been lacking confidence OECD-wide.² It publishes its economic outlook twice a year. [More>>Financial Times]
11.30.04 Red Cross files reports on Guantánamo abuse
According to a confidential report filed by the International Committee of the Red Cross, the American military has intentionally used psychological and sometimes physical coercion "tantamount to torture" on prisoners at Guanánamo Bay, Cuba. These complaints were filed in a confidential report with the US government, subsequent to the Red Cross review during most of the month of June. Their team concluded that doctors and medical workers had committed "a flagrant violation of medical ethics." [More>>New York Times via Financial Times]
11.30.04 British Embassy in Iraq says dangers in Iraq are growing
BAGHDAD Nov. 30 Journalist Patrick Cockburn in Baghdad reports, "Disintegrating security in Baghdad was underlined in a sombre warning yesterday from the British embassy against using the airport road or taking a plane out of Iraq. The embassy says a bomb was discovered on a flight inside Iraq on 22 November. It shows that insurgents have been able to penetrate the stringent security at Baghdad airport. The embassy says its own staff have been advised against taking commercial planes.
The warning is in sharp contrast to more optimistic statements from US military commanders after the capture of Fallujah in which they have spoken of "breaking the back of the insurgency.'" [More>>news.independent.co.uk]
11.30.04 Tom Ridge resigns while boss is ducking abuse in Canada
Tom Ridge has resigned as Homeland Security Secretary. His news conference was held at 12:00pm.
The news conference was scheduled at the time George W. Bush entered Ottawa, welcomed by Prime Minister Paul Martin. Because of considerable protests and hecklers the President decided not to address the Canadian Parliament and has deferred any public speeches until his visit Wednesday to Halifax. Halifax received over 300,000 passengers from the US when flights were redirected there on 9/11.
11.30.04 Rumsfeld facing war crimes case in Germany & petition for victims filed with OAS
BERLIN (Reuters) Nov.30 Lawyers acting for a US advocacy group will today file war crimes charges in Germany against senior US administration officials for their alleged role in torture at Abu Ghraib prison in Iraq. According to the group, German law allows war criminals to be investigated where ever they may be living. Those named in the case to be filed include Secretary of Defence Donald Rumsfeld, former Central Intelligence Agency chief George Tenet and eight other officials. [More>>Reuters.co.uk via
A petition was filed earlier by the San Francisco based Association of Humanitarian Lawyers et al., with the Organization of American States (OAS). The petition intends to seek remedies for victims from the US attacks on hospitals and clinics in Falluja. The petition was submitted to the Inter-American Commission on Human Rights of the Organization of American States on behalf of "unnamed, unnumbered patients and medical staff both living and dead" at the medical facilities in Falluja. The Commission had authority to investigate human rights violations committed by a member State of the OAS and to seek remedies for victims. [More>>Occupationwatch.org]
11.30.04 Criminal Charges may be filed against Bush while in Canada
An article by Charlie Smith Nov. 25 Lawyers may file criminal charges against George W. Bush while he visits Canada Tuesday, Nov. 30. Vancouver lawyer Gail Davidson told straight.com that Bush has been accused of war crimes, which is grounds for refusing someone entry into Canada under the Immigration and Refugee Protection Act. She added that her group is examining the possibility of laying criminal charges privately against Bush while he is in Canada on November 30.
"If the Canadian government invited him here for a state visit, they couldn't then prosecute him because that would be inveigling him here under false pretences," Davidson said. [More>>straight.com via first-draft.com]
US DEBT & ECONOMICS
11.28.04 Asia complains about falling dollar and US has no savings
11.27.04 Bush administration has new idea on funding American kids' retirement: borrow the money!
11.26.04 US dollar climbed above $1.32 to the euro and fell again against the yen
11.25.04 Russian Central bank concerned over US dollar demise
11.14.04 US September Bond sales a flop
11.14.04 Editorial by Priscilla Penwright, China hogging the oil not fair to America
11.26.04 Anti-dumping law may cut exports of American hogs
11.19.04 "US must cut record budget deficit or face painful consequences," said Greenspan to Bankers
11.01.04 (Trend Story) Central Asian Common Market and the critical role of Afghanistan
BUSH & WAR CRIMES
11.28.04 Protesters to attend Bush Inaugural Jan. 20; War Crimes complaint against Bush
11.27.04 Human Rights group accuses Bush administration of genocide in Iraq
OTHER
11.29.04 Bush administration rattling sabers over Iran nuclear agreement
11.29.04 Russia tests anti-missile system in Kazakhstan
11.28.04 Suicide mission recruiters more active in Iran 30, 000 recruits
11.26.04 America's soft underbelly, her ports, are enormous targets
11.26.04 President Musharraf sees common solutions in the disputes in Kashmir and Palestine
11.26.04 India plagued by separatist groups
11.26.04 Japan still miffed over Chinese oil wells off coast
11.26.04 South Korea's nuclear developments a concern to IAEA and China
11.22.04 Saudis expanding Islamic schools in South Asia
11.24.04 Syria wants to have "unconditional" negotiations with Israel
11.17.04 Forty-seven Iraqi groups protest forthcoming January election in Iraq
11.16.04 Bin Laden's mountain fortress?
11.16.04 Wanted militant Mehsud meets with Pakistani commander
11.14.04 Terrorist leader Abdullah Mehsud released from Guantanamo; continues terrorist activity
11.16.04 Kurdistan leaning heavily towards independence from Iraq
11.15.04 US wants to redefine security treaty with Japan
11.15.04 US troops round up prominent imams of the Association of Muslim Scholars (AMS)
11.14.04 Iran agrees to suspend uranium enrichment.
11.13.04 Landmark decision against US-based fund raisers for terrorist organization Hamas
11.11.04 Bush II adopts Hama Rules
11.22.04 (11.26.04; 11.30.04 Updates) US twin deficits are causing Japanese jitters: the story behind the collapse of the dollar
While this story has been breaching for several weeks, it will continue to be a big item in the news until the world press loses interest in the money others are losing. So we're keeping it at the top of the page.
The Bush administration's deficits in both trade and fiscal budget the Twin Deficits are dragging down world economies. Both deficits are largely responsible for the plunge in the value of the dollar. In Japan the plunge has lasted 55 months. The Bush administration's policies have caused the yen to appreciate for the past 55 months. While the Bush administration publicly supports a strong dollar, it is reportedly accepting the weakening dollar, since a weakened dollar makes US goods and services better buys on the foreign market.
Says Yomiuri Shimbun, [http://www.yomiuri.co.jp/index-e.htm] "The yen's sharp appreciation is fueling concerns over the nation's economic recovery. But the market direction is unlikely to change soon as the recent yen appreciation is closely related to U.S. trade and fiscal deficits...According to estimates of the Dai-Ichi Life Research Institute Inc., Japan's gross domestic product will drop by 0.4 percent annually if the 100 yen-to-the-dollar level continues for a year."
|
President
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Jan. year
|
yen to dollar / ($)
|
euro to dollar / ($)
|
|
George H. W. Bush
|
1990
|
146.25 ($.0068)
|
x
|
|
George H. W. Bush
|
1991
|
124.5 ($.0075)
|
x
|
|
George H. W. Bush
|
1992
|
125.4 ($.0080)
|
x
|
|
William J. Clinton
|
1993
|
112.5 ($.0079)
|
x
|
|
William J. Clinton
|
1994
|
112.5 ($.0088)
|
x
|
| William J. Clinton |
1995
|
100.52 ($.0099)
|
.816 ($1.22)
|
| William J. Clinton |
1996
|
103.92 ($.0095)
|
.780 ($1.28)
|
| William J. Clinton |
1997
|
115.49 ($.0086)
|
.807 ($1.25)
|
| William J. Clinton |
1998
|
132.4 ($.0075)
|
.913 ($1.10)
|
| William J. Clinton |
1999
|
112.15 ($.0089)
|
.846 ($1.18)
|
| William J. Clinton |
2000
|
101.7 ($.0098)
|
.984 ($1.01)
|
| George W. Bush |
2001
|
114.26 ($.0087)
|
1.05 ($.95)
|
| George W. Bush |
2002
|
132.02 ($.0076)
|
1.11 ($.90) *
|
| George W. Bush |
2003
|
119.86 ($.0083)
|
.96 ($1.04)
|
| George W. Bush |
2004
|
106.95 ($.0093)
|
.79 ($1.26)
|
| George W. Bush |
Nov. 18, 2004
|
104.23 ($.0097)
|
.77 ($1.29)
|
The US deficit, being the source of the declining dollar, perpetuates further debt and increases interest rates and inflation. About half of the US $6 Trillion debt is owned by foreign investors (primarily banks). When investors redeem their bonds in a period when the dollar is declining, as is the case in the two Bush administrations, they lose money on their investment in US bonds. This causes potential buyers of US bonds to back out of the US bond market. When buyers back away from the US bond market, the US has to raise interest rates to draw them back into the market. Following the increase in the prime rate, mortgages and other loan rates increase.
The greatest fear in international exchange is inflation. Foreign interests who own the US public debt who cash in five year bonds today will lose about 35% on their investment. Historic yen and euro rates compiled in the "Decline in dollar to yen" table are from http://www.x-rates.com.
The National Debt is an exponential debt. The adding of interest, plus continued borrowing / sales of US Bonds, compounds the debt. The debt takes on the form of a "J" curve. President Bush claims that he will "halve the debt," presumably in the next four years. The Clinton years, 1993-2000, represented the most fiscally responsible administration since Nixon (see "Running a government with a credit card" below). During Clinton's term Congress had adapted and applied a "pay as you go" process, preventing further borrowing to fund the government and actually paid down the National debt through their diligence. The dedication of Congress and the President during the Clinton years is not present in the current administration of Bush II, and reducing the deficit, let alone the National Debt, would seem improbable. It appears that the National Debt has reached a point of no return, where interest on the debt alone will consume any efforts to retire the debt. The debt from 1974 through 2009 (the data are current as of 11.22.04, from the Office of Management and Budget (OMB); the years 2004 - 2009 are OMB estimates) look like this:
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"J" Curve of the National Debt through 2009. Years 2004 through 2009 are estimated by the US Government: http://www.whitehouse.gov/omb/budget/fy2005/, and listed below. Inserted in this table is an "Annual Deficit and Surplus" chart (the image curiously resembles a dragon). For charts on expenditures and deficits from President Wilson to the present click here, "Review of the presidencies." The National Debt above can be compared to my 1993 J Curve projection from Duty & Profit, a conversation with Wm. F. Buckley Jr. Total receipts in 2004 were forecasted at just less that $2 trillion the US income is about 27% of expenditures, using Federal data. Note that a large part of the deficits during the Reagan-Bush I and Bush II years comes from interest on the debt! This compounding debt can only be resolved by paying down the principal of the debt which Clinton recently attempted and Bush II cannot do. A government that borrows without the intention to pay off the principal of the loan can only be headed one way: the interest on the debt will consume budgeted outlays and represent an ever larger part of expenditures, eventually causing the government to default on the loan. This results in a decline in public and private investment, as happened in the years of Bush I. An example of interest consuming outlays was during the Bush I administration in 1992: the Department of Defense was budgeted ~$270 billion. Interest paid out that year exceeded $292 billion. A comparable situation exists today. Another issue involves "Debt vs % of GDP." The issue is distracting, in my opinion, since all debts reduce to one principle: if one does not pay off the principal of a loan one will be bankrupted. A comprehensive review of the Debt vs percent of Gross Domestic Product (GDP) is at: http://www.marktaw.com/print/culture_and_media/TheNationalDebt.html. A good chart on the Federal deficit vs percent of GDP is at: http://www.harvardmagazine.com/lib/04jf/images/budg.jpg. Links on the Public Debt are at the Federal Bureau of Public Debt site: http://www.publicdebt.treas.gov/opd/opd.htm#history.
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The National Debt data are as follows: US Office of Budget & Management National Debt
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A forty-year amortization table on a loan of $5 trillion (double everything for a loan of $10 trillion) at 7% interest:
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Amortization Table for a loan of $5 trillion over 40 years @ 7% interest. Double the amount for the Bureau of Budget forecast of a $10 trillion debt by year 2009. On $5 trillion the annual payment would be about $1 billion per day; $2 billion per day on $10 trillion. Compare to the actual interest paid on the US debt, i.e., year #1 @ $375,045 billion principal & interest versus the actual interest only payments in 2004 of $321,566 billion. Perhaps the principal that was not paid over the years should be collected from the Bush family and Regean estates who ripped us off so to put a stop to this kind of irresponsible financial leadership.
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Interest on the Public Debt. Compare interest paid against the Amortization Table on the left. www.publicdebt.treas.gov/ |
It is no wonder that foreign governments are concerned about the decline in the dollar. Americans should have studied some basic fundamentals in home financing It is no wonder that foreign governments are concerned about the decline in the dollar. Americans should have studied some basic fundamentals in home financing and not allowed their spendthrift President to get out of hand. Then again, there is hope that Americans will start to pay attention to their accounts and those they elected to manage them. Total receipts estimated in the Federal Budget for 2004 are just short of $2 trillion." Growth in receipts. Total receipts in 2004 are estimated to be $1922.0 billion, an increase of $85.8 billion or 4.7 percent relative to 2003. Receipts are projected to grow at an average annual rate of 7.0 percent between 2004 and 2008, rising to $2,520.9 billion. This growth in receipts is largely due to assumed increases in incomes resulting from both real economic growth and inflation." [2004 FEDERAL RECEIPTS AND COLLECTIONS, p. 57]
Actual interest on the US debt since 1996 averages just short of $1 billion per day. While in the administration of Bush I, the deficit each year was essentially the same amount as the interest on the debt (they were borrowing to pay the interest on the debt), under Bush II the $400 billion + yearly deficits exceed the interest on the debt.
Mel Copeland
In the beginning....
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Since the government runs on borrowed money, the amount of the original loan (new in 2001) grows exponentially, in a curve called a "J" curve. During George Bush's years the deficit was essentially equal to the interest accumulated each year on the debt. That interest debt is added to the original loan amount causing the debt to grow [unpaid] until an effort is made to reduce the debt, paying down both principal and interest. Fearing a crash Speaker of the House Newt Gingrich announced in May 1995 that there would no longer be any borrowing on the debt. We would "pay as we go," a concept George W. Bush recently derided with reference to Kerry's attempt to restore the years of responsible government under President Clinton. Although Clinton was initially following the Bush Borrowing program of running the government using a credit card he converted to the Republican plan and paying down the debt became the great cause of his administration. The response from the economy was plain: it grew, became healthy, wealthy and wise. When you have savings you feel secure. When you have no savings and have trouble finding people to loan you money you feel insecure. Clinton stopped the insecurity of the Bush administration.
In 1993 I prepared a mortgage amortization table for the then $5 Trillion debt inherited from George Bush. At 7% interest a 40 year loan of that amount would result in the payment after 20 years of $6.4 Trillion in interest and $90 million in principal. After 40 years the debt would be paid off and total interest paid would be $10 Trillion.
The stock market becomes softer when it anticipates a shift from stocks to bonds (when the government is selling a large lot of bonds). In simple terms, when the government has to sell bonds to pay off its creditors, the stock market can expect its investors to shift their positions from stocks to bonds. This causes the stock market to have a small panic attack. From time to time, if the movement from stocks is large enough, the stock market has a stroke.
Foreign markets react to American economic troubles; thus, the growing US National Debt creates insecurity among the international financial markets. This insecurity can be observed in the value of the dollar against other currencies. Not long ago the Euro was worth a little bit more than a dollar. Yesterday, 10.26.04, the Euro was worth $1.38.
When the US is in a recessionary trend the effects are soon seen in Europe. Jobs are lost (Germany now has a 10% unemployment rate; I remember when Germany took pride in having almost no unemployment before the Reagan-Bush years); and there is a slow-down in the purchase of goods from the United States. The US is now experiencing record deficits in the export market, and part of the cause of the record deficits in exports is owing to the recessionary trend among our European trading partners. If our government were to be set on a firm financial plan away from the Bush Borrowing credit card madness the foreign markets would feel more secure in their investments in America and purchase more from us. You would think that if the Euro has increased in purchasing power over the dollar by 25% one would see an equivalent growth in American exports. But exports are down. Something is seriously wrong, n'est pas?
"When he sat down to talk policy with House Speaker Newt Gingrich in April, Rep. Mark Neumann didn't mention his plan to pay off the entire $5.38 trillion national debt. But as Gingrich thumbed through Neumann's numbers-laden analysis of the federal budget, he stopped at the last section, titled "Retiring the Debt." Gingrich started asking questions and got visibly more excited with each answer.
Now Gingrich and other Republican leaders have embraced Neumann's proposal that rather than stopping with a balanced budget, America should go on to pay off its debt as a defining idea of modern conservatism. If revenue and spending trends point to a balanced budget, the argument goes, the government should stay on that course and use the eventual surpluses to retire the national debt.Gingrich is meeting with conservative activists to rally support for the idea.
Mr. Gingrich, why aren't you strongly behind Kerry's position of reinstituting the Clinton era of Fiscal Responsibility? Your loyalty to Bush should have some limits. Isn't your position now against Kerry's debt reduction somewhat two-faced?
President Bush launches illegal war
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Koran, The Cow: And now that a Book confirming their own book has come to them from Allah, they deny it, although they know it to be the truth and have long prayed for help against the unbelievers...when it is said to them, 'Believe in what Allah has revealed,' they reply, 'We believe in what was revealed to us.' But they deny what has since been revealed, although it is the truth, corroborating their own scriptures.
Koran, The creator 36.24: Your only duty is to give warning...What we have revealed to you in the Book is the truth confirming previous scriptures.
Koran, Kneeling 45.16 We gave the Scriptures to the Israelites and bestowed on them wisdom and prophethood.
Koran, AL-AHQAF 46.12 Yet, before it the Book of Moses (Torah) was revealed, a guide and a blessing to all men. This Book confirms it.
Koran, Women 4.47 You, to whom the Scriptures were given! Believe in that which we have revealed, confirming your own scriptures...
Koran, The Cow 2:116 The Jews say the Christians are misguuided, and the Christians say it is the Jews who are misguided. Yet they both read the Scriptures. And the pagans say the same of both. Allah (5) will judge their disputes on the Day of Resurrection.
Koran, Women 4.92 It is unlawful for a believer to kill another believer except by accident.
Koran Repentance 9.20 Those that have embraced the faith and fled their homeland and fought for Allah's cause with their wealth and their persons are held in higher regard by Allah. It is they who shall triumph. Their Lord has promised them joy and mercy, and gardens of eternal bliss where they shall dwell forever. Allah's reward is great indeed.
9.116 ...Allah has purchased of the faithful their lives and worldly goods and in return has promised them the Garden. They will figtht for His cause, slay, and be slain. Such is the true pledge which he has made them in the Torah, the Gospel, and the Koran. And who is more true to his promise than Allah? Rejoice then in the bargain you have made. That is the supreme triumph.
Koran, Women 4.91 Others you will find who seek security from you as well as from their own people. Whenever they are called back to idol-worship they plunge into it headlong. If these do not keep their distance from you, if they neither offer you peace nor cease their hostilities against you, lay hold of them and kill them wherever you find them. Over such men We give you absolute authority.
4.92 It is unlawful for a believer to kill another believer except by accident.
4.98 He that flies his homeland for the cause of Allah shall find numerous places of refuge in the land and great abundance. He that leaves his dwelling to fight for Allah and His apostle and is then overtaken by death, shall be rewarded by Allah.
4.104 Seek out your enemies relentlessly.
The gem in the Koran of Jesus the Messiah, beyond the other verses endorsing the teachings of Jesus, which is a good foundation for some kind of reconciliation:
The Imrans, 3.45, 47 The angels said to Mary: 'Allah bids you rejoice in a Word from Him. His name is the Messiah, Jesus the son of Mary. He shall be noble in this world and in the next, and shall be favoured by Allah. He shall preach to men in his cradle and in the prime of manhood, and shall lead a righteous life."
One cannot walk blindly through scriptures and take them for granted however. Applying them for good becomes an art. It takes practice. One cannot apply scripture, for instance, through a rush to judgment. After all is said and done, when understanding has ruled over boiling sentiments, we can point to our results: charity, justice and mercy. Unfortunately, we are a long way from achieving those things in this current age. It may be, in order to achieve a higher level, to at least remove ourselves from a state of chaos, that we need to take account of our leaders. Then we must ask ourselves how it is that we let them lead us into this chaos. This is called, confronting your own failures. Until both sides come to grips with the goodness that is in them, and do some good in order to gain in goodness, the Jihad will probably continue.
Now President George W. Bush would lead us to believe that we can kill off the Jihadists. I don't subscribe to his program and know that an invitation to reasoning together should bear more fruit. Who in the world would ever refuse this offer:
Isa. 1:18 ³Come now, let us reason together,² says the LORD. Though your sins are like scarlet, they shall be as white as snow; though they are red as crimson, they shall be like wool.
10.28.04
NOTES
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but the goat did some things that made the girl's dad mad. the goat ate things. he ate cans and he ate canes. he ate pans and he ate panes. he even ate capes and caps.
one day her dad said, "that goat must go, he eats too many things."
her dad said, "we will try it."
so the goat stayed and the girl made him stop eating cans and canes and caps and capes.
but one day a car robber came to the girl's house. he saw a big red car near the house and said, "I will streal that car."
he ran to the car and started to open the door.
the girl and the goat were playing in the back yard. they did not see the car robber.
more to come
(3) I use Edward Tripp's, The Meridian handbook of Classical Mythology (formerly titled Crowell's handbook of Classical Mythology), 1970.
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Copyright © 1981-2004 Mel Copeland. All rights reserved
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