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Hamas looks to Hezbollah's inspiration

The similarities between the Israeli attack on Hamas in Gaza and its invasion of Lebanon in 2006 against Hezbollah are striking. And just as Israel was unable to destroy Hezbollah, despite a massive military operation, it won't be that easy to eliminate Hamas, given its grassroots popularity. - Sami Moubayed (Jan 5,'09)

A setback for Obama's plans
United States president-elect Barack Obama has made Israeli-Palestinian peace negotiations a top priority "from day one" of his administration come January 20. But the longer Israeli operations in Gaza continue, the higher the regional stakes rise and the prospects for Obama's initiative diminish. - Jim Lobe (Jan 5,'09)


South Asia gets a makeover
Within the space of a week, three comforting prospects appeared in the midst of the darkening South Asian security scenario. Taken together, the elections in Jammu and Kashmir and Bangladesh and the Sri Lankan government's capture of the rebel stronghold of Kilinochi dealt a severe blow to the growing threats of terror and religious fundamentalism. - M K Bhadrakumar (Jan 5,'09)

Voters snub separatists in Kashmir
A record number of voters in India's sensitive state of Jammu and Kashmir defied heavy snowfall and a boycott call by separatists to take part in surprisingly smooth elections. Although hailed as a "victory for democracy", the high turnout is no unity nod to Delhi - rather it's a rejection of militancy at a time when ordinary Kashmiris are in greater need of better governance, schools and roads. - Sudha Ramachandran (Jan 5,'09)

SPENGLER
Overcoming ethnicity
The decisive divide in today's world lies between nations that have a future, and nations that do not. Samuel Huntington, who died last December 27, reintroduced this radically tragic dimension into geopolitics, but statesmen have yet to embrace it. The great question that Huntington left open is why some civilizations are condemned to clash. (Jan 5,'09)

In China, Bush nostalgia
Many will celebrate the departure of US President George W Bush, the world's favorite scapegoat, from the White House. But in Beijing there will be nostalgia for an administration that helped China's rise as a world power by turning a blind eye to its currency manipulation, human-rights abuses, questionable forays into Africa and significant military expansion. - Kent Ewing (Jan 5,'09)

Asia on the global warming boil
Meteorologists in the global warming camp are puzzled that 2008 was cooler than the previous year, confounding dire predictions of melting ice caps and extreme weather patterns. But 2008 was still the tenth-warmest year in 150 years, reports the United Nations' weather watchdogs, and higher temperatures bought on by climate change could affect the lives of millions across Southeast Asia. - Nick Cumming-Bruce (Jan 5,'09)



South Asia descends into terror's vortex
With New Delhi and Islamabad digging in after the Mumbai attacks, United States president-elect Barack Obama will have a hard time balancing the US's regional policy. Washington is more interested in restraining India than in arm-twisting Pakistan - and Delhi is fast running out of options. A new government will take office in Delhi by next May, and it is bound to re-evaluate the "strategic partnership" with the US. - M K Bhadrakumar (Dec 24,'08)

SPENGLER
Waking from Lever-Lever Land
The financial crisis has been a wake-up moment for America's Peter Pan generation as baby-boomers discover that fairy dust no longer entitles them to fly. Now they are struggling to put something aside for a retirement that they never may be able to afford. Harnessing the productivity of the world's young people is the challenge for next year and the next decade. (Dec 24,'08)

Pakistan's spies reined in
After several failed attempts, Pakistan is taking steps to clip the wings of the powerful military dominated Inter-Services Intelligence, which has consistently been accused of dragging its feet in prosecuting the United States-led "war on terror". At the same time, the North Atlantic Treaty Organization is trying to clear the path for its surge in Afghanistan. - Syed Saleem Shahzad (Dec 24,'08)

MUJAHIDEEN BLEED-THROUGH, Part 4
Palestine and Israel: A ring of terror tightens
What for many years has been an unimaginable goal for al-Qaeda and other Sunni militants - a stronger presence in Palestine and Israel and an ability to attack inside Israel - now seems within reach thanks to the westward-bound jihad highway to the Levant unintentionally created by the United States-led war in Iraq. - Michael Scheuer (Dec 24,'08)
This is the concluding article of a four-part series.
Part 1: Syria: Terror's made-to-order milieu
Part 2: Lebanon: Last stop on a jihad highway
Part 3: Jordan: Al-Qaeda clouds the future

Illusory dollars for a real crisis
With all those dollars being thrown at the financial crisis, global poverty could have been fought, the worldwide scourge of HIV could have been addressed - and so on. Except that none of that "cash" is real money. It has been a year of deceptions, illusions and belated education - plus for many, a considerable amount of real pain. - Julian Delasantellis (Dec 24,'08)

The highs and lows of Sino-US relations
The year 2008 brought relations between the United States and China to a new level, highlighted by senior-level dialogue on security and economics and modest progress in military-to-military ties. That's not to say there weren't hiccups as well. Indeed, President George W Bush is leaving the Barack Obama administration a relationship that is as stable as it is complex, ripe with both challenges and opportunities. - Jing-dong Yuan (Dec 24,'08)

Why Pakistan's military is gun shy
The Pakistan military has been outmaneuvered by the government over having a group linked to the attack on Mumbai declared a front for a terror organization. But the military remains bitterly opposed to a realistic crackdown on militants, and it has compelling reasons for this that go to the core of the country's survival. - Syed Saleem Shahzad (Dec 23,'08)
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David P Goldman
(Jan 4, '09)
Given the spectacular increase in the Fed’s balance sheet, the overall market impact is alarmingly small ...



Diamond cartel meltdown
The global downturn is helping to hasten the parting of ways between De Beers and Russia's diamond miner Alrosa. Wishful thinking may soon be all that remains of the once-glittering partnership. - John Helmer

SPEAKING FREELY
Gulf takes wrong currency path
Moves by the six-member Gulf Cooperation Council towards establishing a common currency are misplaced. An alternative based on the Swiss credit system and the Internet peer-to-peer business model would allow the oil-rich area to lead the world towards a less embattled future. - Chris Cook

Monetarism enters bankruptcy
The US Federal Reserve era under Alan Greenspan and Ben Bernanke, with their belief that central bank monetarist measures can indefinitely perpetuate the business-cycle boom phase, proved only that mainstream monetary economists read the same books. As the world is discovering, Milton Friedman's mantra that "only money matters" turned out to be a very dangerous slogan. - Henry C K Liu
This is the first article in a two-part report.

CREDIT BUBBLE BULLETIN
Just the facts
A late spurt in equities did little to mask a year that was disastrous by most every financial and economic measure, possibly tarnishing the US economic model to an extent that may undermine Washington's ability to influence global events.
Doug Noland looks at the previous week's events each Monday.

FROM THE BLOG
Sovereign disaster
Emerging market sovereign debt remains vulnerable to the effect of the US Treasury's enormous funding requirements. The Treasury's coat-tails look a better ride. - David Goldman

  THE MOGAMBO GURU

Silver lining to garbage
The use of silver to help clean up foul-smelling garbage trucks is an indictment of those stupid slugs too slow to buy into the shining stuff, and another testament to the value of the beautiful and increasingly precious metal.



[Re South Asia descends into terror's vortex Dec 24] India seems to be pressurizing Pakistan into cracking down on the mullahs so the ensuing civil war could lead to justification ... of a seizure of [its] nuclear assets and potentially the breakaway of Balochistan or North-West Frontier Province. A big game is in play here. A dangerous game in a very dangerous neighborhood that could have unforeseen consequences.
Aziz Rashid
Houston, TX
   Go to Letters to the Editor

On The Edge
Israel has already lost this fight. On just the propaganda front it's a total, irrevocable public relations disaster of the first magnitude ... As far as Israel's military planning and objectives are concerned, it appears it has learned absolutely nothing from its previous operations in Lebanon against Hezbollah.
Robster
   Go to the readers' forum topic, World Outrage Continues To Mount



1. South Asia descends into terror's vortex

2. Waking from Lever-Lever Land

3. Pakistan's spies reined in

4. Loaned, sold, gone - and doomed

5. Palestine and Israel: A ring of terror tightens

6. Illusory dollars for a real crisis

7. Why Pakistan's military is gun shy

8. The highs and lows of Sino-US relations

(Dec 24, 2008 - Jan 4, 2009)




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   Nir Rosen goes inside the Iraqi resistance

Nir Rosen rides with the US 3rd Armored Cavalry in western Iraq



 
 


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