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Russia: Iran to join SCO after sanction lifted

Press TV – July 8, 2015

Iran will join the Eurasian economic, political and military bloc, the Shanghai Cooperation Organization (SCO), after sanctions are lifted on the country, a Russian presidential aide has said.

The announcement came after foreign ministers of the organization met ahead of a summit by SCO and BRICS leaders in the Russian city of Ufa.

“The Iranian application is on the agenda for consideration. Sooner or later, the application will be granted after the UN Security Council sanctions are lifted,” Interfax quoted Russian presidential adviser Anton Kobyakov as saying.

Iran and the P5+1 group of world countries are currently involved in make-or-break talks in order to reach a nuclear agreement which would have sanctions lifted on Tehran.

Russian Foreign Minister Sergei Lavrov told Interfax that the removal of a conventional arms embargo on Iran is a “major problem” in the negotiations.

“I can assure you that there remains one major problem that is related to sanctions: this is the problem of an arms embargo,” he said in Vienna.

Iranian President Hassan Rouhani will head to Russia on Thursday to participate in the summit of SCO and BRICS nations.

Iran has an observer status on SCO, awaiting the removal of sanctions to become a full-fledged member.

SCO currently consists of China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan. Kobyakov said the organization has received 11 new applications for membership, including from Egypt.

Russian officials have said India and Pakistan will join SCO as full members after years of holding observer status as Prime Ministers Narendra Modi and Nawaz Sharif will join regional leaders in Ufa.

The Iranian president will attend the BRICS summit of Brazil, Russia, India, China and South Africa as a special guest and will also deliver a speech to the event.

The BRICS accounts for almost half the world’s population and about one-fifth of global economic output. Its New Development Bank is seen on course to challenge the dominance of US-led World Bank and International Monetary Fund.

July 8, 2015 Posted by | Economics, Solidarity and Activism | , , , , , , , , , | Leave a comment

China, India, Russia largest shareholders in China-led bank

The BRICS Post | June 29, 2015

Fifty countries on Monday signed the articles of agreement for the new China-led Asian Infrastructure Investment Bank, the first major global financial instrument independent from the Bretton Woods system.

Seven remaining countries out of the 57 that have applied to be founding members, Denmark, Kuwait, Malaysia, Philippines, Holland, South Africa and Thailand, are awaiting domestic approval.

“This will be a significant event. The constitution will lay a solid foundation for the establishment and operation of the AIIB,” said Chinese Finance Minister Lou Jiwei.

The AIIB will have an authorized capital of $100 billion, divided into shares that have a value of $100,000.

BRICS members China, India and Russia are the three largest shareholders, with a voting share of 26.06 per cent, 7.5 per cent and 5.92 per cent, respectively.

Following the signing of the bank’s charter, the agreement on the $100 billion AIIB will now have to be ratified by the parliaments of the founding members.

Asian countries will contribute up to 75 per cent of the total capital and be allocated a share of the quota based on their economic size.

Chinese Vice Finance Minister Shi Yaobin said China’s initial stake and voting share are “natural results” of current rules, and may be diluted as more members join.

Australia was first to sign the agreement in the Great Hall of the People in Beijing on Monday, state media reports said.

The Bank will base its headquarters in Beijing.

The Chinese Finance Ministry said the new lender will start operations by the end of 2015 under two preconditions: At least 10 prospective members ratify the agreement, and the initial subscribed capital is no less than 50 per cent of the authorized capital.

The AIIB will extend China’s financial reach and compete not only with the World Bank, but also with the Asian Development Bank, which is heavily dominated by Japan.

China and other emerging economies, including BRICS, have long protested against their limited voice at other multilateral development banks, including the World Bank, International Monetary Fund and Asian Development Bank (ADB).

China is grouped in the ‘Category II’ voting bloc at the World Bank while at the Asian Development Bank, China with a 5.5 per cent share is far outdone by America’s 15.7 per cent and Japan’s 15.6 per cent share.

The ADB has estimated that in the next decade Asian countries will need $8 trillion in infrastructure investments to maintain the current economic growth rate.

China scholar Asit Biswas at the Lee Kuan Yew School of Public Policy, Singapore, says Washington’s criticism of the China-led Bank is “childish”.

“Some critics argue that the AIIB will reduce the environmental, social and procurement standards in a race to the bottom. This is a childish criticism, especially because China has invited other governments to help with funding and governance,” he writes.

The US and Japan have not applied for the membership in the AIIB.

However, despite US pressures on its allies not to join the bank, Britain, France, Germany, Italy among others have signed on as founding members of the China-led Bank.

Meanwhile, New Zealand and Australia have already announced that they will invest $87.27 million and $718 million respectively as paid-in capital to the AIIB.

The new lender will finance infrastructure projects like the construction of roads, railways, and airports in the Asia-Pacific Region.


Iran, 49 states sign Asia bank charter

Press TV June 29, 2015

Iran on Monday joined 49 countries in signing up to the Asian Infrastructure Investment Bank (AIIB), bringing Asia’s largest financial lender a step closer to existence.

Finance and Economy Minister Ali Tayebnia put Iran’s signature to the bank’s articles of association at a ceremony in Beijing’s Great Hall of the People, which capped six months of intense negotiations.

In April, China accepted Iran as a founding member of the Asian Infrastructure Investment Bank being seen as a rival to the US-led World Bank, the International Monetary Fund (IMF) and the Asian Development Bank.

With the signing which amounted to the creation of AIIB’s legal framework, China’s Finance Minister Lou Jiwei said he was confident the bank could start functioning before the end of the year.

Seven more founding members would ink the articles after approval by their respective governments.

The bank will have a capital of $100 billion in the form of shares, each worth $100,000, distributed among the members. Beijing will be by far the largest shareholder at about 30%, followed by India at 8.4% and Russia at 6.5%.

China will also have 26% of the votes which are not enough to give it a veto on decision-making, while smaller members will have larger voice.

Singapore’s Senior Minister for Finance and Transport Josephine Teo said the bank will provide new opportunities for its members’ businesses and promote sustainable growth in Asia.

Seventy-five percent of AIIB’s shares are distributed within the Asian region while the rest is assigned among countries beyond it.

Germany, France and Brazil are among the non-Asian members of the bank despite US efforts to dissuade allies from joining it. Another US ally joining AIIB is Australia but Japan has stayed away from it.

Countries beyond the region can expand their share but the portion cannot be bigger than 30%. Public procurement of the AIIB will be open to all countries around the world.

But the president of the bank will have to be chosen from the Asian region for a maximum of two consecutive five-year terms.

The bank will be headquartered in Beijing and its lean structure will be overseen by an unpaid, non-resident board of directors which, architects say, would save it money and friction in decision-making.

Earlier this month, former Federal Reserve chairman Ben Bernanke rebuked US lawmakers for allowing China to found the new bank, which threatens to upend Washington’s domination over the world economic order.

He said lawmakers were to blame because they refused to agree 2010 reforms that would have given greater clout to China and other emerging powers in the International Monetary Fund.

June 29, 2015 Posted by | Economics, Solidarity and Activism | , , , , , , , , , , , | Leave a comment

Russia, China Deepen Win-Win

By F. William Engdahl – New Eastern Outlook – 29.06.2015

It’s scarcely a day passes that there isn’t some fascinating new development bringing Russia and China closer in peaceful economic cooperation. The most recent such development involves what must be described as a win-win development in which Russia has agreed to lease prime Siberian agriculture lands to a Chinese company for the coming fifty years. It fits beautifully to plans for the development of the world’s largest infrastructure project, the planned New Silk Road Economic Belt, a network of new high-speed railway lines criss-crossing Eurasia from China to Mongolia to Russia and beyond ultimately to the EU.

The Chinese government officials in recent years are very fond of talking about “win-win” developments in business and politics. Now a genuine win-win development is emerging for both China and Russia in Siberia near the borders of Mongolia and China in the region known since 2008 as Zabaikalsky krai or region.

The region has a very sparse population of just over 1 million Russians on a land area of some 432,000 square kilometers. It also holds some of the richest, most fertile farmland in the world. China for its part is hurt by increasing desertification, water problems and other pressures on its food production security. China also has population and money to invest in worthwhile projects, something the more remote regions of the Russian Federation have had serious deficits of during the Cold War and especially since the destructive Yeltsin years.

Now the government of Zabaikalsky krai has signed a 49-year lease agreement with China’s Zoje Resources Investment together with its daughter company Huae Sinban to lease 115,000 hectares or just under 300,000 acres of Russian farmland to China. The Chinese company will invest more than 24 billion rubles for development of agricultural sector in the region, to produce agricultural products for Russian and Chinese markets. Plans are to grow fodder, grain and oilseeds as well as to develop poultry, meat and dairy products production in Russia’s Baikal region.

The project will be divided into two stages. If the first stage is successfully completed by 2018, the Chinese company will be given a lease on a second parcel of land bringing the total to 200,000 hectares. For Russia and the region it will be a win. The lands where the project will start have not been farmed for almost 30 years and to make the land suitable again for farming will require the labor of as many as 3,000 hands. Also significant is that the Chinese company had to compete for the land deal with several other Chinese companies as well as companies from South Korea, New Zealand and even from the United States.

Wang Haiyun, senior advisor at the Chinese Institute for International Strategic Studies, called the deal an example of the developing trust between the two countries, according to an article from the Chinese newspaper Huanqiu Shibao. He noted that the fact that Russian authorities agreed to lease such an immense territory for 49 years to a Chinese company proves Moscow has no ideological prejudice towards Beijing.

China-Russia Agriculture Fund

The latest land lease deal in Zabaikalsky krai follows other positive developments in agriculture cooperation between Russia and China. This past May Russia’s state Direct Investment Fund head, Kirill Dmitriev, announced that RDIF, the Russia-China Investment Fund and the government of China’s Heilongjiang province have agreed on the creation of a special investment fund for agriculture projects. The fund will total some $2 billion and be funded by primarily money of institutional Chinese investors, including those with significant experience in investment in the agricultural sector, Dmitriev added. He said that the agreement on the creation of a joint investment bank will help attract Chinese capital to Russia and make it easier for Russian companies to enter China’s markets. China’s Heilongjiang Province is to the east of Zabaikalsky krai.

Silk roads to golden goals

The China-Zabaikalsky krai agriculture agreement is merely the initial step of what will become a major infrastructure and industrial development of the now-remote underdeveloped Siberian region. Zabaikalsky krai is one of the richest regions in all Russia. Russia’s largest known deposit of copper at Udokanskoye in the region has resources of 20 million tons. On June 3 at the Sochi SP1520 annual international railways forum, Russian Railways president Vladimir Yakunin announced that the Russian Copper Company, a joint venture by Russian Railways Public Company, UMMC, and Vnesheconombank, had applied for development of the Udokanskoye copper deposit, confirming that Russia is thinking very strategically about its development in the region.

In addition the region is rich in gold, molybdenum, tin, lead, zinc and coal. Its crops are today wheat, barley and oats. The region is amply blessed with fresh water and flowing rivers.

At the same time Beijing has announced it is creating a huge $16 billion fund to develop gold mines along the rail route linking Russia and China and Central Asia. One major obstacle to date to exploitation of Russia’s vast agriculture and mineral riches has been availability of modern infrastructure to bring the products to market. Contrary to Harvard University or George Soros “shock therapy” free market theories, markets are not “free.”

At the September, 2014 meeting of the Shanghai Cooperation Organization in Dushanbe, at the request of the Mongolian president, China’s Xi, Russia’s Putin and Mongolia’s Tsakhiagiin Elbegdorj agreed to integrate Beijing’s Silk Road Economic Belt initiative with Russia’s transcontinental rail plan and Mongolia’s Prairie Road program, to jointly build a China-Mongolia-Russia economic corridor.

That could turn Mongolia into a “transit corridor” linking the Chinese and Russian economies. Mongolia is larger than Japan, France and Spain together. The three are discussing issues of traffic interconnectivity, how to facilitate cargo clearance and transportation, and the feasibility of building a transnational power grid.

Eurasian Economic Birth

The potential of the recent economic cooperation agreements between the two great Eurasian nations, Russia and China, is without question the most promising economic development in the world today. As US sanctions forced Russia to turn increasingly to its eastern neighbor, China, US military provocations against China in the East China Sea and elsewhere forced China to completely rethink its own strategic orientation. Developing their land connections in a vast economic space is emerging as the result. As the ancient Chinese saying goes, every crisis contains new opportunities if viewed so.

Beijing has discussed building various Eurasian rail ties for several years but in the past eighteen months since the beginning of the Presidency of Xi Jinping it has assumed highest priority, especially the construction of the New Silk Road Economic Belt. President XI has made that Silk Road project the cornerstone of his presidential term. In the meeting of Xi on May 8 in Moscow with Russian President Putin, the two presidents signed a joint declaration “on cooperation in coordinating development of EEU and the Silk Road Economic Belt,” with both declaring their goal to coordinate the two projects in order to build a “common economic space” in Eurasia, including a Free Trade Agreement between the EEU and China. Chinese Foreign Minister Wang Yi recently stated that the trade turnover between China and Russia is likely to reach $100 billion in 2015. The future prospects, with construction of the network of high-speed railways, is staggering.

Markets, all markets, are man-made, products of deliberate or not so deliberate decisions of individuals and usually of governments. The creation of what could become a multi-trillion dollar economic space spanning the vast Eurasian land is moving forward in a beautiful way. The China-Russia agriculture land leasing is a sign that Russia is opening a new qualitative phase in these developments.

In the world of mathematics win-win is referred to as a “non-zero sum game” in which there is typically a matrix of multiple payouts for all participants. That seems to be emerging across the vast Eurasian expanse far faster than anyone could have imagined even two years ago.

June 29, 2015 Posted by | Economics | , , , | Leave a comment

How much did renewable electricity grow in China last year?

By Robert Wilson | Carbon Counter | June 25, 2015

Last year global renewable electricity – i.e. hydro, wind and solar – consumption grew by 193.7 TWh. This represented 55% of the total growth in global electricity consumption.

And China, where renewable electricity consumption grew by 174.9 TWh, made up a large part of the increase. A renewables revolution is clearly unfolding. Or maybe not.

Careful readers will have noted the word order in my first sentence – hydro, wind and solar. If you follow debates on energy closely you will regularly be astonished by how often commentators act as if wind and solar dominate renewable energy. The fact that bioenergy has grown by more in this century than wind and solar combined is not something you will ever be told.

The same is true for hydro-electricity.

A representative image of renewables in China is not this:

china_windor this:

china-solar-powerInstead it is this:

threegorgesBig hydroelectric dams, such as The Three Gorges shown above, dominate Chinese renewables. In fact, they dominate China’s total low carbon energy supply.

China gets five times more electricity from its hydroelectric plants than from wind and solar combined. Total hydroelectricity supply in 2014 was 1064.3 TWh, while wind was 158.4 TWh and solar was 29.1 TWh.

Most of these hydroelectric plants have been built this century. Total hydroelectric generation in 2000 was 222.4 TWh, one fifth of what it is today.

Last year China’s hydroelectric output increased by 144 TWh, but wind and solar increased by 30.8 TWh. Put together this made up roughly three quarters of the rise in China’s electricity generation.

So are renewables or, more accurately big hydro, taking over electricity generation?

Probably not.

First, growth in China’s electricity generation is slowing because its economy is having problems. In the decade before last year China’s electricity generation increased by an average of 350 TWh each year. If China’s economy returns to the growth levels the Communist Party believes is necessary to stop the risks of another Tiananmen, we aren’t likely to see such low growth continuing.

Second, hydroelectric output was artificially high due to the weather.

Hydroelectric dams operate on a simple principle. Flowing water is converted into electricity. More flowing water equals more power. So, roughly speaking, if it is wetter dams will produce more electricity.

And this is what happened in China last year. Official data shows that the capacity factors of China’s hydroelectric dams increased by 8.7% last year. In other words, had the climatic conditions been the same as in 2013, China’s hydroelectric output would only have grown by 48 TWh, and not 144 TWh.

The increase in China’s total renewable electricity generation was therefore double what it would have been had it not been for the wetter conditions.

So, not only does hydroelectricity dominate Chinese renewables, but we have to be incredibly careful interpreting year to year changes in production caused by rain conditions.

The same holds at the global level. If China’s hydroelectric output had stayed still last year, global hydroelectric output would have actually fallen by 67 TWh last year. Again, this was due to climatic conditions, not a decrease in hydroelectric capacity.

This fall in non-China hydroelectricity was greater than the increase in global generation from either wind or solar. Clearly lumping hydro, wind, and solar generation into one figure can lead to erroneous conclusions.

Note on data

Generation data taken from the latest BP Statistical Review of World Energy.

June 25, 2015 Posted by | Deception, Economics | | Leave a comment

East Must Provide Alternative to, Not Replace Western Hegemony

By Ulson Gunnar – New Eastern Outlook – 14.06.2015

Recent news has shown China quickly gaining ground against a West which has for centuries maintained hegemony over Asia Pacific. Beyond Asia, China has been steadily expanding its influence throughout Africa and the Middle East. Together with Russia, Iran and other nations of the “East,” they are constructing what is commonly referred to as a “multi-polar” world order.

This multi-polar world order stands in contrast to the unipolar order the West has sought to impose for decades after the end of the World Wars and is a continuation of Western imperialism carried out by the British and other European empires during the decline of the Ottoman Empire.

But is what the East doing truly building an alternative to the West’s brand of hegemonic imperialism? Or is it simply more of the same under a different label? Moreover, is the West’s behavior coaxing other nations to unify under a singular, consolidated banner, only to be rolled under the West’s vision of an international order ruled from Washington, Wall Street, London and Brussels?

These are questions that must be asked and explored particularly by the people who gravitate toward the East the most. They understand the threat of Western hegemony and the very real damage it has and still is inflicting upon humanity. From the devastation of Iraq and Afghanistan, to the wars raging in Yemen, Syria and Libya, Western designs have taken unstable tinderboxes around the globe and turned them into raging infernos.

Naturally, people look for a force to counter such inhumane violence, bloodshed and shameless exploitation and manipulation. They see that counter in Russia, China and those in their spheres of influence. And while in the past these nations have indeed served as counterweights to the forces of fascism or imperialism, one must always be careful not to simply back one hegemon over another.

For Moscow, Beijing and across the other BRICS nations, they must understand that the support and success they enjoy is specifically because they offer what many believe is an alternative to, not a replacement for Western hegemony. The world sees BRICS as a viable alternative specifically because they are not setting up military bases in foreign lands, intervening militarily thousands of miles from their borders and working with nations instead of coercing them. As soon as they cease to uphold these principles, they will cease to serve as a relevant alternative to the West.

China in particular has been long criticized by the West for doing business with any nation regardless of their so-called human rights record. The West however, makes these criticisms because it disrupts their ability to exploit human rights as a pretense to meddle diplomatically, militarily and economically in any targeted country. Meanwhile, the West gladly has conducted long-term business with the most egregious human rights offenders on Earth, the Saudi regime chief among them.

China has repeatedly, sometimes even painfully reasserted the primacy of national sovereignty in ruling over all international relations. It must not only continue to reassert this message diplomatically, but also pragmatically throughout its foreign policy. Not only is it a matter of self-interest, preventing foreign interests from dictating to Beijing what it should do within its own borders, but it helps set a solid precedent in establishing a new multi-polar global order.

Supranational Institutions Old and New

Russia, China and the rest of BRICS are themselves creating a variety of supranational institutions and military alliances to compete against those of the West, particularly the IMF, World Bank, NATO, and even the UN itself. However, while doing this, they must ensure the preservation, even the encouragement of national sovereignty as the primary organizing principle among these new institutions. And not just on paper, but especially in practice, whether it suits BRICS at the moment or not.

This is because whether those special interests behind BRICS and standing in apparent opposition to the West realize it or not, the very reason they have been given an opportunity by the global public is specifically because they are perceived as being different from the West and the Western way of using their global wealth and influence. And whether it serves their interests immediately or fully, they must fulfill these expectations or suffer the same backlash the West is now facing, both at home and abroad.

The world is changing economically, technologically and culturally. These shifts have not boded well for the concept of “globalization” or even supranational institutions. To seek to create doppelgangers of existing and failing Western supranational and international institutions seems folly at best.

Understanding this, and balancing competition with the West’s existing and still potent institutions, against the changing dynamics of the coming future is essential for the survival and eventual success of BRICS and the multi-polar world they claim to want to create.

A world where technology now empowers one individual to do what once required many people and tremendous resources, constitutes a shift in the balance of power between local communities, nations and global alliances and power brokers. Even if the people have yet to realize this, they will soon. The future of BRICS depends on a collective understanding that fighting this coming shift will lead BRICS to the same cliff the West is currently dangling over.

For the people themselves, they must understand that they have always been in the driver’s seat, even if insidious hands have reached past them to take the wheel for the majority of this trip. Realizing that the people, not special interests have the ability to steer the world toward a path we would all like to see it on is our greatest bet. We need not obsessively support one bloc over another, subscribing almost religiously to political parties, personalities and brands, but should instead agree on a set of principles and only back those as long as they uphold those principles.

By attaching ourselves to political parties, personalities and brands, we stand only to be inevitably disappointed. On the other hand, principles are inextinguishable, indomitable and everlasting. In the ongoing game of geopolitics, if ever we want to finally break the continuous turning of the wheel of history, we must stop following those whose hands are turning that wheel, and follow the principles that always and forever lead forward.

When Russia, China and the rest of BRICS stand up for national sovereignty, non-interventionism and non-military expansionism, we should applaud them not because they are simply BRICS, but because of the principles they are upholding. When they fail to do so, we must also, and as equally as vocal, condemn them.

June 14, 2015 Posted by | Militarism | , , , | Leave a comment

On a Fast Track to National Ruin

By Pat Buchanan • Unz Review • May 8, 2015

In the first quarter of 2015, in the sixth year of the historic Obama recovery, the U.S. economy grew by two-tenths of 1 percent.

And that probably sugarcoats it.

For trade deficits subtract from the growth of GDP, and the U.S. trade deficit that just came in was a monster.

As the AP’s Martin Crutsinger writes, “The U.S. trade deficit in March swelled to the highest level in more than six years, propelled by a flood of imports that may have sapped the U.S. economy of any growth in the first quarter.”

The March deficit was $51.2 billion, largest of any month since 2008. In goods alone, the trade deficit hit $64 billion.

As Crutsinger writes, a surge in imports to $239 billion in March, “reflected greater shipments of foreign-made industrial machinery, autos, mobile phones, clothing and furniture.”

What does this flood of imports of things we once made here mean for a city like, say, Baltimore? Writes columnist Allan Brownfeld:

“Baltimore was once a city where tens of thousands of blue collar employees earned a good living in industries building cars, airplanes and making steel. … In 1970, about a third of the labor force in Baltimore was employed in manufacturing. By 2000, only 7 percent of city residents had manufacturing jobs.”

Put down blue-collar Baltimore alongside Motor City, Detroit, as another fatality of free-trade fanaticism.

For as imports substitute for U.S. production and kill U.S. jobs, trade deficits reduce a nation’s GDP. And since Bill Clinton took office, the U.S. trade deficits have totaled $11.2 trillion.

An astronomical figure.

It translates not only into millions of manufacturing jobs lost and tens of thousands of factories closed, but also millions of manufacturing jobs that were never created, and tens of thousands of factories that did not open here, but did open in Mexico, China and other Asian countries.

In importing all those trillions in foreign-made goods, we exported the future of America’s young. Our political and corporate elites sold out working- and middle-class America — to enrich the monied class.

And they sure succeeded.

Yet, remarkably, Republicans who wail over Obama’s budget deficits ignore the more ruinous trade deficits that leech away the industrial base upon which America’s self-reliance and military might have always depended.

Last month, the U.S. trade deficit with the People’s Republic of China reached $31.2 billion, the largest in history between two nations.

Over 25 years, China has amassed $4 trillion in trade surpluses at our expense. And where are the Republicans?

Talking tough about building new fleets of planes and ships and carriers to defend Asia from the rising threat of China, which those same Republicans did more than anyone else to create.

Now this GOP Congress is preparing to vote for “fast track” and surrender its right to amend any Trans-Pacific Partnership trade deal that Obama brings home.

But consider that TPP. While the propaganda is all about a deal to cover 40 percent of world trade, what are we really talking about?

First, TPP will cover 37 percent of world trade. But 80 percent of that is trade between the U.S. and nations with which we already have trade deals. As for the last 20 percent, our new partners will be New Zealand, Malaysia, Vietnam, Brunei and Japan.

Query: Who benefits more if we get access to Vietnam’s market, which is 1 percent of ours, while Hanoi gets access to a U.S. market that is 100 times the size of theirs?

The core of the TPP is the deal with Japan.

But do decades of Japanese trade surpluses at our expense, achieved through the manipulation of Japan’s currency and hidden restrictions on U.S. imports, justify a Congressional surrender to Barack Obama of all rights to amend any Japan deal he produces?

Columnist Robert Samuelson writes that a TPP failure “could produce a historic watershed. … rejection could mean the end of an era. … So, when opponents criticize the Trans-Pacific Partnership, they need to answer a simple question: Compared to what?”

Valid points, and a fair question.

And yes, an era is ending, a post-Cold War era where the United States threw open her markets to nations all over the world, as they sheltered their own. The end of an era where America volunteered to defend nations and fight wars having nothing to do with her own vital interests or national security.

The bankruptcy of a U.S. trade and foreign policy, which has led to the transparent decline of the United States and the astonishing rise of China, is apparent now virtually everywhere.

And America is not immune to the rising tide of nationalism.

Though, like the alcoholic who does not realize his condition until he is lying face down in the gutter, it may be a while before we get out of the empire business and start looking out again, as our fathers did, for the American republic first.

But that day is coming.

Copyright 2015 Creators.com.

May 8, 2015 Posted by | Economics | , , | Leave a comment

China to build $2bn Iran-Pakistan pipeline – media

RT | April 9, 2015

China will reportedly finance the so-called ‘Peace Pipeline’ natural gas pipeline from Iran, home to the world’s second largest reserves, to energy-deprived Pakistan. The project was delayed due to US dissent.

The final deal is to be signed during the long-sought visit of Chinese President Xi Jinping to Islamabad in April, the Wall Street Journal reported on Thursday.

“We’re building it. The process has started,” Pakistani Petroleum Minister Shahid Khaqan Abbasi told the WSJ.

First proposed over 20 years ago, the 1045 mile (1682km) pipeline will transfer gas from Iran’s south to the Pakistani cities of Gwadar and Nawabshah. Karachi, the country’s biggest city of 27.3 million, will also be connected via local energy distribution systems already in place.

Iran has said the 560-mile portion that runs to the Pakistan border is already complete, which only leaves $2 billion needed to build the Pakistani stretch.

The project could cost up to $2 billion if a Liquefied Natural Gas port is constructed at Gwadar. Otherwise, the project to complete the Pakistani pipeline will cost between $1.5 billion to $1.8 billion, the WSJ said. Pakistan is in negotiations with China Petroleum Pipeline Bureau, a subsidiary of Chinese energy major China National Petroleum Corporation, to finance 85 percent of the project. Pakistan will pay the rest.

The original plan envisioned the pipeline continuing to India, but Delhi dropped out due to US pressure in 2009, Tehran claims. Pakistan, a country of 199 million people faces intermittent blackouts in major cities, and Iran is looking for a place to export its soon-to-not-be-banned gas.

Iran has 33.7 trillion cubic meters of gas reserves according to the June 2014 BP Statistical Review of World Energy. According to BP estimates, it has the world’s fourth-largest oil reserves at 157 billion barrels.

US-led sanctions against Iran over its nuclear program have stunted Iran’s oil and gas industry.

Iran’s oil exports have dropped from 2.5 million barrels a day in 2011 to about one million barrels in 2014, according to the US Energy Information Administration (EIA). In March, Iran produced 2.85 million barrels of oil per day, according to data from Bloomberg.

April 9, 2015 Posted by | Economics | , , , , | Leave a comment

Europe and the BRICS countries forge an independent rating system

By Ian BLOHM | Oriental Review | April 2, 2015

Despite attempts to portray the work of the “big three” as globally oriented, the rating agencies maintain a close link to the US financial institutions. The 2008 economic crisis sent their reputations reeling. Now the global market for making ratings needs to be de-monopolized and equipped with new, transparent tools for working with risk.

Currently, Fitch, Standard & Poor’s, and Moody’s enjoy almost complete legal immunity for their evaluations and are guaranteed high profits, regardless of the consequences. According to the French edition of Le Monde, between 2000 and 2007, Moody’s earnings quadrupled, thanks to CMBS, ABS, CDO, and other securities that had become the main source of the company’s financial gains, with a profitability margin of 52%. Unfortunately, accurate data on S&P and Fitch are not published, although it would be interesting to look at the accounting records of these organizations that insist on full transparency for everyone but themselves.

In any event, the US taxpayer makes up for any discrepancy between the rating and the reality – suffice it to recall the 2008 scandal over the ratings of “toxic” assets within the US banking system just before the collapse of Lehman Brothers.

The way it works

Rating agencies act as a “filter” regulating the movement of investment capital from developed markets into developing ones. The mechanism is simple – any rating assigned by the “Big Three” that is used by the head of a major investment fund affects the default risk. Actual business practice is often ignored. For example, the retirement accounts of America’s senior citizens can be invested into crazy foreign financial schemes, as long as their ratings are properly pitched. The rating system is designed so that cash from banks and investment funds passes only into the “right” hands under favorable terms. This creates a type of political road map for investors, which has little to do with the real macroeconomic indicators.

But this does not stop the experts from the “Big Three.” “Imagine a large group of people arguing strenuously with each other,” David Levey, a former managing director of Moody’s, told Foreign Affairs. “It could sometimes get to that. These were very exciting meetings and often there were substantial disagreements. In every case, the ultimate decision was made by majority vote.” But were any of the people involved in these debates elected? And on what basis did they wield such influence?

In 2011, this question was answered by William Harrington, a former senior president at Moody’s (a voice in the wilderness, indeed). “This salient conflict of interest permeates all levels of employment, from entry-level analyst to the chairman and chief executive officer of Moody’s corporation,” Harrington said in a filing to the US financial regulator, the Securities and Exchange Commission (SEC).

The myth that the rating agencies are a “global” business.

With a single stroke of a pen, highly rated players are given a significant competitive advantage based on their proximity to the source of investment. To ensure political control over developing markets, the analyses of all three ratings agencies always include assessment criteria that affect the overall result. At Moody’s, for example, those criteria are called “institutional strength” or “susceptibility to event risk.”

At their own risk and peril, agency analysts evaluate the stability of the institutions of a sovereign player, on the basis of some kind of “global” paradigm of historical development. Not one of the agencies is entirely forthcoming about its methodology for assigning ratings. And this is hardly surprising – how else to explain high ratings to the press, given sovereign bankruptcies, in, for example, Iceland?

The idea of global development, as part of a neoliberal world order, arose only recently (in the late 1980s) and is, like many ideological concepts, a political tool. The agencies, however, use this idea in all their documents, all the while professing objectivity. To evaluate developing markets, regardless of the local conditions, the “universal” IMF criteria are used, such as the degree of privatization and liberalization of the national economy. The crises in Latin America offer clear evidence of what happens when a government is prompted by the “ratings racket” to sell off its liquid assets during a period of financial instability.

For example, in February 2015, the rating agency Moody’s downgraded the credit rating of the Brazilian oil and gas company Petrobras from Baa2 to Ba2, and as a result the company plunged from “investment grade” to “speculative.” The influential Brazilian edition of Jornal do Brasil calls that decision “absurd and premeditated robbery” and asks – what is more significant, the three million barrels per day produced by Petrobras or the opinion of a group of anonymous Moody’s analysts who upheld Greece’s high rating until the bitter end.

The “good” and “bad” guys

It has long been noted that if a more or less sovereign government comes to power in a country that has been exhausted by the neoliberal economic programmes, the “Big Three’s” ratings begin to drop as if by magic. The most remarkable story in recent times has been seen in France. In 2012 the French market, one of the most highly developed in the EU, found itself on the rating agencies’ “bad guys” list, due to its “incorrect” tax policy and the government’s refusal to relegate its local culture to the mercies of the anonymous forces of the financial market.

According to the journalist Édouard Tétreau, (Le Monde) in his article “The United States of Europe vs. the dream of Standard & Poor’s,” ratings are manipulated in order to “Balkanize” Europe. To counter this, he prescribes the creation of real banks in Europe that can “send the brokers on Wall Street and the City of London packing.” During the assaults on the EU’s credit, Antonio Tajani, a former vice president of the European Commission, told El País that the rating agencies “work for the dollar.” In short, when it comes to evaluating the real economic indicators, old Europe is doing its best to distance itself from the ratings.

Among Europe’s “good guys,” the rating agencies list only the minuscule economies of the Baltic states of Lithuania, Latvia, and Estonia, which in 2014 received upgraded investment ratings from S&P for their progress in tax reform.

In the US, the “Big Three” are evidence of the miracles of lobbying. On January 12, 2003, the state of Georgia passed strong anti-fraud laws drafted by consumer advocates. Four days later, Standard & Poor’s announced that if Georgia passed anti-fraud penalties for corrupt mortgage brokers and lenders, packaging including such debts could not be given AAA ratings. S&P’s move meant Georgia lenders would have no access to the securitization money machine. It is interesting that this situation arose five years before the time bomb known as the subprime crisis went off.

Is there an alternative?

The rating market is in dire need of de-monopolization. “We can’t have private companies, whose primary goal is maximizing profit, behaving like sovereign judges passing down opinions that are binding for disinterested third parties,” believes Thomas Straubhaar, the director of the Hamburg Institute of International Economics. The BRICS countries are solidly united with Europe in the search for alternatives to the “Big Three.”

New, transnational rating agencies, such as the Universal Credit Rating Group (UCRG), will be an important milestone in the rating market. UCRG was created in 2012 as a partnership between the Chinese rating agency Dagong, Russia’s RusRating, and United States’ Egan-Jones. The fundamental principle behind the formation of new transnational actors must be the requirement that they are unbiased and unaffiliated with any state or corporate entity.

Ian Blohm is the economist and international financial adviser of the Polish origin. He is currently based in Moscow and can be reached at ian_blohm@myway.com

April 3, 2015 Posted by | Deception, Economics | , , , , , | Leave a comment

Will Yemen kick-off the ‘War of the two Blocs?’

By Sharmine Narwani | RT | March 31, 2015

There is media confusion about what is going on in Yemen and the broader Middle East. Pundits are pointing out that the US is looking schizophrenic with policies that back opposite sides of the fight against al-Qaeda-style extremism in Iraq and in Yemen.

But it isn’t that hard to understand the divergent policies once you comprehend the underlying drivers of the fight brewing in the region.

No, it isn’t a battle between Shia and Sunni, Iranian and Arab or the much-ballyhooed Iran-Saudi stand-off. Yes, these narratives have played a part in defining ‘sides,’ but often only in the most simplistic fashion, to rally constituencies behind a policy objective. And they do often reflect some truth.

But the ‘sides’ demarcated for our consumption do not explain, for instance, why Oman or Algeria refuse to participate, why Turkey is where it is, why Russia, China and the BRICS are participants, why the US is so conflicted in its direction – and why, in a number of regional conflicts, Sunni, Shia, Islamist, secularist, liberal, conservative, Christian, Muslim, Arab and Iranian sometimes find themselves on the same side.

This is not just a regional fight – it is a global one with ramifications that go well beyond the Middle East. The region is quite simply the theatre where it is coming to a head. And Yemen, Syria and Iraq are merely the tinderboxes that may or may not set off the conflagration.

“The battle, at its very essence, in its lowest common denominator, is a war between a colonial past and a post-colonial future.”

For the sake of clarity, let’s call these two axes the Neo-Colonial Axis and the Post-Colonial Axis. The former seeks to maintain the status quo of the past century; the latter strives to shrug off old orders and carve out new, independent directions.

If you look at the regional chessboard, the Middle East is plump with governments and monarchies backed to the hilt by the United States, Britain and France. These are the West’s “proxies” and they have not advanced their countries in the least – neither in self-sufficiencies nor in genuine democratic or developmental milestones. Indebted to ‘Empire’s’ patronage, these states form the regional arm of the Neo-Colonial Axis.

On the other side of the Mideast’s geopolitical fault line, Iran has set the standard for the Post-Colonial Axis – often referred to as the ‘Resistance Axis.’ Based on the inherent anti-imperialist worldview of the 1979 Islamic revolution, and also as a result of US/UK-driven isolating sanctions and global politics, Tehran has bucked the system by creating an indigenous system of governance, advancing its developmental ambitions and crafting alliances that challenge the status quo.

Iran’s staunchest allies have typically included Syria, Hezbollah and a handful of Palestinian resistance groups. But today, in the aftermath of the Arab Spring counter-revolutions – and the sheer havoc these have created – other independent players have discovered commonalities with the Resistance Axis. In the region, these include Iraq, Algeria and Oman. While outside the Mideast, we have seen Russia, China and other non-aligned nations step in to challenge the Neo-Colonial order.

Neo-Colonial Axis hits an Arab Spring wall

Today, the Neo-Colonials simply can’t win. They lack two essential components to maintain their hegemony: economy and common objectives.

Nowhere is that more clear than in the Middle East, where numerous initiatives and coalitions have floundered shortly after inception.

Once Muammar Gaddafi was overthrown in Libya, all parties went their own way and the country fractured. In Egypt, a power struggle pitted Sunni against Sunni, highlighting the growing schism between two Gulf Cooperation Council (GCC) patrons Saudi Arabia and Qatar. In Syria, a heavyweight line-up of Turkey, Qatar, Saudi Arabia, France, the US and UK could not pull together a coherent regime-change plan or back the same horse.

In the vacuum created by these competing agendas, highly-organized al-Qaeda-style extremists stepped in to create further divergence among old allies.

Western hegemons – the original colonials and imperialists – grew fatigued, alarmed, and sought a way out of the increasingly dangerous quagmire. To do so, they needed to strike a compromise with the one regional state that enjoyed the necessary stability and military prowess to lead the fight against extremism from within the region. That would be their old adversary, Iran.

But the West is geographically distant from the Mideast, and can take these losses to a certain extent. For regional hegemons, however, the retreat of their Western patrons was anathema. As we can see, Turkey, Saudi Arabia and Qatar have recently rushed to resolve their differences so they can continue to design the region’s direction in this Western vacuum.

These counter-revolutionary states, however, share grandiose visions of their own regional influence – each ultimately only keen to achieve their own primacy. And the continued ascendance of Iran has really grated: the Islamic Republic seems to have moved from strength to strength during this ‘Arab Spring,’ picking up new allies – regional and global – and consolidating its gains.

For Saudi Arabia, in particular, Iran’s incremental victories go beyond the pale. Riyadh has, after all, staked its regional leadership role on a sectarian and ethnic divide, representing Arab and Sunni stakeholders against “Iranian” and “Shiite” ones. Now suddenly, not only are the Americans, British and French dallying with the Iranians, but the GCC itself has been split down the center over the issue of ‘engagement vs. confrontation’ with the Islamic Republic.

Worse yet, the Saudi efforts to participate in the overthrow of Gaddafi, squash uprisings in Bahrain, control political outcomes in Yemen, destabilize Syria, divide Iraq and conquer Egypt seem to have come to naught.

In all instances, they have yet to see cemented, meaningful gains – and each quagmire threatens to unravel further and deplete ever more Saudi funds

Today, the Saudis find themselves surrounded by the sickly fruits of their various regional interventions. They have endured recent attacks by violent extremists on their Iraqi and Jordanian borders – many of these recipients of past Saudi funding – and now find themselves challenged on a third border, in Yemen, by a determined constituency that seeks to halt Saudi interventions.

Beyond that, Syria and Lebanon have slipped out of Riyadh’s grip, little Qatar seeks to usurp the traditional Saudi role in the Persian Gulf, Egypt dallies with Russia and China, and Pakistan and Turkey continue a meaningful engagement with Iran.

Meanwhile, the Iranians don’t have to do much of anything to raise the Saudi ire. Iran has stepped up its regional role largely because of the Saudi-led counter-revolution, and has cautiously thwarted Riyadh’s onslaughts where it could. It has buoyed allies – much like NATO or the GCC would in similar circumstances – but with considerably less aggression and while cleaving to the letter of international law.

The Saudis see Iranian hands everywhere in the region, but this is a fantasy at best. Iran has simply stepped into an opportunity when it arises, met the threats coming its way, and utilized all its available channels to blunt the Saudi advances in various military and political theaters.

Even the US intelligence community’s annual security assessment – a report card that regularly highlights the “Iranian threat” – concludes in 2015 that the Islamic Republic of Iran has “intentions to dampen sectarianism, build responsive partners, and deescalate tensions with Saudi Arabia.”

Yet all we hear these days blaring from Western and Arab media headlines is “Shia sectarianism, Iranian expansionism and Persian Empire.”

Tellingly, the American intelligence assessment launches its section on “terrorism” with the following: “Sunni violent extremists are gaining momentum and the number of Sunni violent extremist groups, members, and safe havens is greater than at any other point in history.”

And US officials admit: many of these Sunni extremists have been assisted and financed by none other than Washington allies Saudi Arabia, Turkey and Qatar.

The Yemeni theater – a final battleground?

A senior official within a Resistance Axis state tells me: “The biggest mistake the Saudis made is to attack Yemen. I didn’t think they were that stupid.”

In the past week, the Saudis have cobbled together yet another Neo-Colonial ‘coalition’ – this time to punish Yemenis for ousting their made-in-Riyadh transitional government and pushing into the southern city of Aden.

The main Saudi adversaries are the Houthis, a group of northern, rural highlanders who have amassed a popular base throughout the north and other parts of Yemen over the course of ten years and six wars.

The Saudis (and the US) identify the Houthis as ‘Shiites’ and ‘Iranian-backed’ in order to galvanize their own bases in the region. But Iran has had little to do with the Houthis since their emergence as a political force in Yemen. And WikiLeaks showed us that US officials know this too. A 2009 cable from the US Embassy in Riyadh notes that Yemen’s former Saudi-backed President Ali Abdullah Saleh provided “false or exaggerated information on Iranian assistance to the Houthis in order to enlist direct Saudi involvement and regionalize the conflict.”

And allegations that Iran arms the Houthis also fall flat. Another secret cable makes clear: “Contrary to ROYG (Republic of Yemen Government) claims that Iran is arming the Houthis, most local political analysts report that the Houthis obtain their weapons from the Yemeni black market and even from the ROYG military itself.”

Saleh was deposed in 2011 as a result of Arab Spring pressures, and in a twist worthy of the complicated Middle East, the wily former president now appears to be backing his former adversaries, the Houthis, against his old patrons, the Saudis.

The Houthis are adherents of the Muslim Zaydi sect – which falls somewhere between Sunnism and Shiism, and is followed by around 40 percent of Yemenis. Saleh, who fought the Houthis in half a dozen wars, is also a Zaydi – evidence that Yemen’s internal strife is anything but sectarian.

In fact, it could be argued that the Houthi – or Ansarallah movement – are a central constituency of Yemen’s ‘Arab Spring.’ Their demands since 2003 have, after all, largely been about ending disenfranchisement, gaining economic, political and religious rights, eliminating corruption, railing against the twin evils of America and Israel (a popular Post-Colonial Arab sentiment), and becoming stakeholders in the state.

To ensure the balance continued in their favor during the Arab Spring, the Neo-Colonial Axis installed a puppet transitional leader upon Saleh’s departure – an unelected president whose term ran out a year ago.

Then a few months ago, the Houthis – allegedly with the support of Saleh and his tens of thousands of followers – ousted their rivals in the puppet regime and took over the Yemeni capital, Sana’a. When the Saudis threatened retaliation, the Houthis pushed further southward… which brings us to the war front amassing against Yemen today.

This is not a battle the Saudis and their Neo-Colonial Axis can win. Airstrikes alone cannot turn this war, and it is unlikely that Riyadh and its coalition partners can expect troops on the ground to be any more successful – if they are even deployed.

The Houthis have learned over the past decade to fight both conventional and guerilla wars. This relatively small band of highlanders managed in 2009 to push 30 kilometers into Saudi territory and take over several dozen Saudi towns. When coalition-partner Egypt last fought a war with ground troops in Yemen, it became Gamal Abdel Nasser’s ‘Vietnam’ and nearly bankrupted the state.

Even majority-Sunni Pakistan, a traditional pipeline for staffing GCC armies, seems wary about this conflict. It too is fighting elsewhere on the same side as the Houthis, Iranians, Syrians, Iraqis – against violent Sunni extremists inside its borders and from their bases in neighboring Afghanistan. No amount of Saudi money will quench the anger of militant-weary Pakistanis if their government commits to this Yemeni fight – against the very groups (Houthis) that are battling al-Qaeda in the Arabian Peninsula (AQAP).

And, yes, it is ironic that the United States is now providing assistance and intelligence for the Saudi-led coalition – against the Houthis, who are fighting al-Qaeda.

But as mentioned earlier, this is not Washington’s neighborhood, and it does not approach this fight with the same goals of its close ally, Saudi Arabia.

The Resistance Axis official explains:

“The Americans see all outcomes as good: If the Houthis win, they will help get rid of al-Qaeda in Yemen. If the Saudis win, well, these are still the US’s allies. And if both sides enter a protracted war, that is “not a problem either,” referring to the ever-present US interest of selling weapons in conflict zones.

Despite a global ban, the United States has sold the Saudis $640 million worth of cluster bombs over the past two years, some of which have been used to carpet bomb parts of Yemen in the past few days. The cluster munitions were part of an overall $67 billion worth of arm deals with Saudi Arabia since the Arab uprisings kicked off in 2011.

The Iranians, meanwhile, are not doing much of anything, except insisting – like the Russians and others – that the bombardment of Yemen is criminal and that Yemenis need to solve their own problems via an internal dialogue.

And why should they make any moves? The Saudis are digging their own graves right now – and hastening the demise of the entire Neo-Colonial project in the Middle East, to boot.

“Tehran realizes that the fact that Riyadh had to bring together a major coalition to fight a group that is only on the outskirts of Iranian influence is a victory in itself,” says the US-based, conservative risk-analysis group, Stratfor.

Riyadh’s move to attack Yemen has just dragged the not-so-financially-flush Kingdom into yet another military quagmire, and this time directly, bypassing proxies altogether. Every airstrike in Yemen – and it is clear in the first few days that dozens of civilians, including children, have been killed – threatens to draw more adherents to the Houthi cause.

And every day that the Houthis are tied up in this battle, AQAP gets an opportunity to cement its hold elsewhere in the country. The net winner in this conflict is unlikely to be Saudi Arabia, but it may just be al-Qaeda – which is guaranteed to draw the Post-Colonial Axis into the strategically vital waterways surrounding Yemen.

The Arab League, under Saudi Arabia’s arm-twisting, just upped the ante by demanding that only a complete Houthi surrender (laying down weapons and withdrawing) would end the airstrikes. This ultimatum leaves very little room to jumpstart dialogue, and shows shocking disregard for the normal goals of military engagement, which try to leave ‘negotiation windows’ open.

It may be that the Saudis, who have rapidly lost influence and control in Syria, Iraq, Lebanon, Oman, and other states in the past few years, have decided to go to the wall in Yemen.

Or it may just be some posturing to create momentum and bolster bruised egos.

But conflict has a way of balancing itself out – as in Syria and Iraq – by drawing other, unforeseen elements into the fray. With all the conflicts raging in the Middle East and encroaching on their borders, the Post-Colonial Axis has been forced to take a stand. And they bring to the field something their adversaries lack: common objectives and efficiency.

This is possibly the first time in the modern Mideast we have seen this kind of efficiency from within. And I speak specifically of Iran and its allies, both regional and external. They cannot ignore the threats that emanate from conflict, any more than the west can ignore the jihadi genie that threatens from thousands of miles away. So this Post-Colonial Axis moves further into the region to protect itself, bringing with it lessons learned and laser-focused common goals.

The Neo-Colonials will hit a wall in Yemen, just as they have in Syria, Iraq and elsewhere. Their disparate objectives will ensure that. The main concern as we enter yet another storm in Yemen is whether a flailing Empire will turn ugly at the eleventh hour and launch a direct war against its actual adversary, the Post-Colonial Axis. The Saudis are a real wild card – as are the Israelis – and may try to light that fuse. When the threat is existential, anything goes.

Yes, a regional war is as much a possibility over Yemen as it was over Syria. But this battle lies on a direct border of Saudi Arabia – ground zero for both violent extremism and the most virulently sectarian and ethnocentric elements of the anti-Resistance crowd – and so promises to deliver yet another decisive geopolitical shift in the Mideast. From Yemen, as from any confrontation between the two global blocs, a new regional reality is likely to emerge: what the Americans might call “the birth pangs of a new Middle East.”

And Yemen may yet become the next Arab state to enter a Post-Colonial order.

Sharmine Narwani is a commentator and analyst of Middle East geopolitics. She tweets @snarwani

April 1, 2015 Posted by | Mainstream Media, Warmongering | , , , , , , , , , , , , , , , , , , | Leave a comment

Israel’s New Asian Allies

By Jonathan Cook | Dissident Voice | February 24, 2015

It was another difficult week for Israel.

In Britain, 700 artists, including many household names, pledged a cultural boycott of Israel, and a leader of the Board of Deputies, the representative body of UK Jews, quit, saying he could no longer abide by its ban on criticising Israel.

Across the Atlantic, the student body of one of the most prestigious US universities, Stanford, voted to withdraw investments from companies implicated in Israel’s occupation, giving a significant boost to the growing international boycott (BDS) movement.

Meanwhile, a CNN poll found that two-thirds of Americans, and three-quarters of those under 50, believed the US foreign policy should be neutral between Israel and Palestine.

This drip-drip of bad news, as American and European popular opinion shifts against Israel, is gradually changing the west’s political culture and forcing Israel to rethink its historic alliances.

The deterioration in relations between Israel and the White House is now impossible to dismiss, as Israeli prime minister Benjamin Netanyahu and President Barack Obama lock horns, this time over negotiations with Iran.

The US was reported last week to be refusing to share with Israel sensitive information on the talks, fearful it will be misused. A senior Israeli official described it as like being evicted from the “deluxe guest suite” in Washington. “Astonishing doesn’t begin to describe it,” he said.

The fall-out is spreading to the US Congress, where for the first time Israel is becoming a partisan issue. A growing number of Democrats have declared they will boycott Netanyahu’s address to the Congress next month, when he is expected to try to undermine the Iran talks.

Things are more precarious still in Europe. Several leading parliaments have called on their governments to recognise Palestinian statehood, and France rocked Israel by backing just such a resolution recently in the UN Security Council.

Europe has also begun punishing Israel for its intransigence towards the Palestinians. It is labelling settlement products and is expected to start demanding compensation for its projects in the occupied territories the Israeli army destroys.

This month 63 members of the European Parliament went further, urging the European Union to suspend its “association agreement”, which allows Israel unrestricted trade and access to special funding.

None of this has gone unnoticed in Israel. A classified report by the foreign ministry leaked last month paints a dark future. It concludes that western support for the Palestinians will increase, the threat of European sanctions will grow, and the US might even refuse to “protect Israel with its veto” at the UN.

Israel is particularly concerned about the economic impact, given that Europe is its largest trading partner. Serious sanctions could ravage the economy.

One might assume that, faced with these drastic calculations, Israel would reconsider its obstructive approach to peace negotiations and Palestinian statehood. Not a bit of it.

Netanyahu’s officials blame the crisis with Washington on Obama, implying that they will wait out his presidency for better times to return.

As for Europe, Netanyahu blames the shift there on what he calls “Islamisation”, suggesting that Europe’s growing Muslim population is holding the region’s politicians to ransom. On this view, the price paid for the recent terror attacks in Paris and Copenhagen is Europe’s support for Israel.

Instead, Netanyahu has begun looking elsewhere for economic – and ultimately political – patrons.

In doing so, he is returning to an early Israeli tradition. The state’s founders were inspired by the collectivist ideals of the Soviet Union, not US individualism. And in return for attacking Egypt in 1956, Israel was secretly helped by Britain and France to build nuclear weapons over stiff US opposition.

In response to recent developments, Netanyahu announced last month that he was courting trade with China, India and Japan – comprising nearly 40 per cent of the planet’s population.

Last year, for the first time, Israel did more trade with these Asian giants than with the US. Much of it focused on the burgeoning arms market, with Israel supplying nearly $4 billion worth of weapons in 2013. A region once implacably hostile to Israel is throwing open its doors.

India, plagued by border tensions with Pakistan and China, is now Israel’s largest arms purchaser – and such trade is expected to expand further following the election last year of Narendra Modi, known for his anti-Muslim views.

He has lifted the veil off India’s growing defence cooperation with Israel, one reason why Moshe Yaalon last week became the first Israeli defence minister to make an official visit.

Ties between Israel and China are deepening rapidly too. Beijing has become Israel’s third largest trading partner, while Israel is China’s second biggest supplier of military technology after Russia.

Last month the two signed a three-year cooperation plan, with China keen to exploit – in addition to Israel’s military hardware – its innovations on solar energy, irrigation and desalination.

Emmanuel Navon, an international relations expert at Tel Aviv University, claims that, despite its poor public image, Israel now enjoys a “global clout” unprecedented in its history.

Israel’s immediate goal is to future-proof itself economically against mounting popular pressure in Europe and the US to act in favour of the Palestinian cause.

But, longer term, Israel hopes to convert Chinese and Indian dependency on Israeli armaments – based on technology it tests and refines on a captive Palestinian population – into diplomatic cover. One day Israel may be relying on a Chinese veto at the UN, not a US one.

February 25, 2015 Posted by | Economics, Ethnic Cleansing, Racism, Zionism, Militarism | , , , | Leave a comment

Cops Have Killed Every 8 Hours in 2015, Sending At Least Three People to Early Graves Per Day

By Cassandra Rules | The Free Thought Project | February 16, 2015

As of February 15, only a month and a half into 2015, there have been at least 136 individuals killed by police in the United States since the first of the year.

The frighteningly high number averages out to three killed per day, or someone killed every eight hours. While there is no government-run database, Killed By Police has taken it upon themselves to keep track, and are doing a fantastic job thus far.

Just to put things into perspective, let’s take a look at the rates at which police in other countries kill their citizens.

Let’s look at our immediate neighbors to the north, Canada. The total number of citizens killed by law enforcement officers in the year 2014, was 14; that is 78 times less people than the US.

If we look at the United Kingdom, 1 person was killed by police in 2014 and 0 in 2013. English police reportedly fired guns a total of three times in all of 2013, with zero reported fatalities.

From 2010 through 2014, there were four fatal police shootings in England, which has a population of about 52 million. By contrast, Albuquerque, N.M., with a population 1 percent the size of England’s, had 26 fatal police shootings in that same time period.

China, whose population is 4 and 1/2 times the size of the United States, recorded 12 killings by law enforcement officers in 2014.

Let that sink in. Law enforcement in the US killed 92 times more people than a country with nearly 1.4 billion people. 

It doesn’t stop there.

From 2013-2014, German police killed absolutely no one. 

In the entire history of Iceland police, they have only killed 1 person ever. After exhausting all non-lethal methods to detain an armed man barricaded in his house who actually shot 2 police officers, police were forced to take the 59-year-old man’s life. The country of Iceland grieved for weeks after having to resort to violence.

Unofficially, it seems that American police kill more than all of the first world nations’ police departments combined!

That’s not the only mind-blowing perspective either. So far this year all cop killers have been other cops.  This year the police seem to be far more likely to die as a result of police brutality than at the hand of a violent suspect.

Just last week an officer responding to a domestic disturbance at a North Texas residence, shot and killed off-duty sheriff’s deputy Larry Hostetter, 41, shortly after midnight.

At the end of January, we also reported on a Yonkers police officer who shot a suicidal officer from another precinct, claiming he feared for his safety. We also reported on an undercover Albuquerque police officer who was shot by another officer during a drug bust over $60 worth of meth. The media called it a “tragic accident” while, in reality, it was another example of police shooting someone who poses no threat to them.

There was also John Ballard Gorman  who was shot and killed by a fellow officer during a training exercise in Tunica, MS last month. The officer who shot Gorman failed to switch out his weapon for a training weapon and fired a real round into his fellow officer, killing him.

According to the Officer Down Memorial Page, the pro-police site that tracks every officer death, not a single police officer has been killed by a suspect so far this year.

Line of Duty Deaths: 14
Automobile accident: 5
Heart attack: 4
Struck by vehicle: 2
Vehicle pursuit: 1
9/11 related illness: 1
Gunfire (Accidental): 1

In fact, being a police officer isn’t even close to being in the top 10 most dangerous jobs in this country. According to the 2013 report by the Federal Bureau of Labor Statistics on work-related fatal injuries, “Police and sheriff’s patrol deputies” ranked as the 41st most dangerous occupation.

Also, according to an FBI report, Americans are less violent than ever; its the police who have been increasingly violent.

With job related danger so low, there is no excuse for the police to be so trigger happy, acting like they are Batman and every citizen is a violent villain hell bent on their death.

As Liberation News pointed out, a vast majority of those killed by the police in 2015 have again been young African Americans and Latinos. The two youngest were both 17-years-old, Kristiana Coignard of Texas and Jessica Hernandez of Colorado. The oldest was 87-year-old Lewis Becker from rural upstate New York.

Officers who cannot bring 17-year-old girls or 87-year-old men into custody safely have absolutely no business “protecting and serving” anyone. A person who cannot control a situation with a 90 pound high school girl or an elderly gentleman, and “fear for their life” so severely that they need to pull a trigger, is not a hero, they’re a coward.

It is time for the United States to get over its love affair with idolizing the badge.

February 16, 2015 Posted by | Civil Liberties, Subjugation - Torture | , , , | Leave a comment