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Syria, Saudi Arabia plot peace path

Saudi King Abdullah's first visit to Damascus since assuming the throne in 2005 signals a rebirth of the historic friendship between Syria and Saudi Arabia. A mutual dislike for Iraq’s prime minister and Syria's warming ties with the United States have helped bring the countries together, and to position them to map out the future of the Middle East. - Sami Moubayed (Oct 7, '09)

Obama trapped behind wall of containment
United States President Barack Obama's troubles in the Middle East are not caused primarily by "bad guys" such as Iran, nor by Israel's supposed power or that of the domestic "Israeli lobby". Instead, he's trapped in the conundrum that's built into US containment strategy. No matter what other nations do or don't do, everything that looks like it might be a solution only turns out to create new problems. - Ira Chernus (Oct 7, '09)


THE ROVING EYE
Stuck in Kabul, with Saigon blues again
What is now being performed for Washington galleries is the dance of the generals by Chairman of the Joint Chiefs of Staff Admiral Mike Mullen, National Security Adviser retired General Jim Jones and top man in Afghanistan General Stanley McChrystal. The Pentagon and its experts argue the US should "Afghanize" the war - but the staggering financial black hole is just getting bigger as the US slouches towards "Chaos-istan". - Pepe Escobar (Oct 7, '09)

Leaked Iran paper exposes IAEA rift
Excerpts of an internal draft report reveal that the International Atomic Energy Agency has only suspicions - not real evidence - that Iran has been working on nuclear weapons. This contradicts the agency's earlier claim that was based on leaked documents, and there is now a fierce struggle in the nuclear watchdog about whether the leaked material is genuine or fake. - Gareth Porter (Oct 7, '09)

US public skeptical - and hawkish - on Iran
The results of a new poll showing that the majority of Americans believe diplomatic engagement with Iran will fail and that Washington should be prepared to use military force to prevent Tehran from obtaining a nuclear weapon clearly play into the hands of the hawks pressuring President Barack Obama. Other elements of the poll, though, show support for the president's policy of dialogue. - Jim Lobe (Oct 7, '09)

China torn over Internet freedoms
Following a spate of titillating but fallacious stories posted on the Internet about high-profile personalities, such as television hostess Fang Jing, many of China's Internet users want the government to clamp down, even as Beijing realizes the advantages of promoting free speech in cyberspace. - Stephanie Wang (Oct 7, '09)

Tortillas taste just great in zero gravity
Space food has evolved since the toothpaste-tube purees of the early days, with Japanese noodles, Chinese "moon cakes", Indian curries, and popularly, tortillas on offer to astronauts. But the 21st-century versions do little to ease the difficulties of eating in zero gravity, according to the world's first celebrity space chef. - Raja Murthy (Oct 7, '09)



Pakistan goes for militants' jugular
The pieces are all in place for Pakistan to launch an all-out attack on the Pakistani Taliban and al-Qaeda in the Waziristan tribal areas on the Afghan border. The formerly reluctant military is fully on board, the United States is actively assisting with intelligence, and most important, the financial lifeblood of the militants is being squeezed as never before. - Syed Saleem Shahzad (Oct 6, '09)

US stands right beside Islamabad
The Barack Obama administration now believes that the Pakistani Taliban have effectively over-reached and that Pakistan's elite, including the army, has come to see it and its al-Qaeda allies as a much greater threat to the country than ever before. - Jim Lobe (Oct 6, '09)

Give and take on North Korea
North Korea's Kim Jong-il on Tuesday promised visiting Chinese Premier Wen Jiabao that Pyongyang will return to the six-party talks that the North has previously spurned. Beijing will take credit for arm-twisting the recalcitrant North Koreans, while Kim will believe he has played his cards just right. - Donald Kirk (Oct 6, '09)

More power to Afghan warlords
The West's strategy of promoting democracy in Kabul while taking on the Taliban in the field with unproven Afghan troops and overstretched allied forces has left it staring at defeat in Afghanistan. The plan ignores an alternative that succeeded spectacularly in 2001: arming tribal warlords and turning them loose on the Taliban. - Richard M Bennett (Oct 6, '09)

India plays down Chinese incursions
Reports of Chinese incursions into Indian territory are on the rise, with alleged firefights, air space infringements and graffiti. But New Delhi has downplayed them, saying there are diplomatic mechanisms for such issues. At the same time, the Indian military is making its own assessment. - Priyanka Bhardwaj (Oct 6, '09)

China's satellite diplomacy shifts a gear
China offers satellites to developing countries at bargain-basement prices, however, accurately calculating the exact cost of these satellite projects is difficult because rarely, if ever, is anything done in the open. - Peter J Brown (Oct 6, '09)

Ghost of Thaksin's past visits Abhisit
Even as Prime Minister Abhisit Vejjajiva works hard to assure foreign investors and diplomats that Thailand's recent turmoil is no cause for concern, he is struggling to control his unwieldy and scandal-tainted coalition. Whether Abhisit can maintain his clean image while in league with coalition partners and party members who seem bent on self-enrichment may determine his political future. - Seth Kane (Oct 6, '09)

Payback time
Efforts to cut back on the vast rewards to United States bankers whose activities undermine society as a whole could be bad news for girls happy to be named on the school "slut list" in up-market New Jersey - unless their folks actually work for Goldman Sachs. - Julian Delasantellis (Oct 6, '09)

THE BEAR'S LAIR
How to disarm the liquidity bomb
Policymakers in the United States talk of reversing the unprecedented liquidity pumped into the financial system while signaling that interest rates will remain near zero for some time to come. Yet it is essential to raise rates before removing the liquidity. The other way around won't work. - Martin Hutchinson (Oct 6, '09)

SPENGLER
Obama's permanent depression The toxic cocktail of fiscal stimulus combined with near-zero interest rates in the United States allows financial institutions to profit while further depressing the productive economy. The resulting deteriorating jobs market is now instilling panic in Barack Obama's White House. The parallels with Japan in 1989 are uncanny. Japan, though, had one advantage: it knew how to export. - Spengler (Oct 5, '09)

Manmohan's smile masks Indian woes
Indian Prime Minister Manmohan Singh's rare relaxed manner at the Pittsburgh Group of 20 summit reflected well his own and India's growing international stature. At home, there is less to cheer, with vital mega-buck industrial projects bogged down amid opposition from marginalized citizens and Maoist militants. - Santwana Bhattacharya (Oct 5, '09)

Seeds of change in Iraqi Kurdistan
Leaders from Iraqi Kurdistan's upstart political opposition, the Movement for Change, say the party's departure from traditional clan-based politics led to its unprecedented success at recent regional elections. The group is part of an unexpected democratic progress that has forced Turkey, Iran and Syria into a strategic rethink. - Derek Henry Flood (Oct 5, '09)

Iraq's Maliki gathers his forces
Hard on the heels of the formation of a new Iraqi party comprising Shi'ite heavyweights to contest January's elections, Prime Minister Nuri al-Maliki has unveiled his own new coalition, which he touts as cross-confessional and secular. This it might be, but it comprises mostly political lightweights. - Sami Moubayed (Oct 5, '09)

Sex and security in Afghanistan
Apart from rollicking romps at the United States Embassy in Kabul, allegations have emerged of private security contractors in Afghanistan frequenting brothels notorious for housing trafficked women. - David Isenberg (Oct 5, '09)

CHAN AKYA
Double or quits
As the employment picture in the United States grows ever more bleak, Keynesian economists are producing their standard calls to government - spend more, and the good times will come. This after seeing vast amounts already poured into rescuing the economy come to little effect. It is the cry of despair of a failing gambler. (Oct 5, '09)

US storms troops into the Philippines
About 3,000 United States Marines are due to arrive in the Philippines for training and humanitarian missions in the wake of recent floods there. That's the official line, anyway. With extremists having recently killed two US soldiers on war-torn Sulu island, the marines might have another mission in mind. - Al Labita (Oct 2, '09)

October surprise in US-Iran relations
The meeting on Thursday between Iran and the six countries dealing with its nuclear case resulted in agreement for a follow-up encounter, in itself an important development, given the heated atmosphere in the lead-up to the talks. As significant, the United States and Iran made an initial direct contact, raising hopes of a real breakthrough. - Kaveh L Afrasiabi (Oct 2, '09)

CHAN AKYA
One man's terrorist ...
Behind the defeat of the Liberation Tigers of Tamil Eelam in Sri Lanka and the killing of Pakistani Taliban leader Baitullah Mehsud are stories of countries creating bands of terrorists to do things that were impossible for those in power to be seen to be doing directly. In this dangerous game, blowback is inevitable. (Oct 2, '09)

THE ROVING EYE
Jumpin' Jack Verdi, it's a gas, gas, gas
Washington wants reluctant Europeans to wean themselves off Russian gas and do more to protect Pipelineistan - that network of real and virtual routes intended to channel from the planet's most fractured political landscape the lifeblood of the world's richest industrial area. It's a new great game, and it's still the Cold War. It's pure opera, on a grand, grand scale. - Pepe Escobar (Oct 2, '09)

BOOK REVIEW
Named and shamed
Bailout Nation by Barry Ritholtz with Aaron Task
The United States government has thrown billions of dollars at rescuing companies and their officers who should have been bankrupted, exposed as charlatans, in some cases jailed, argues Ritholtz in a compelling and devastatingly accurate indictment of the financial and political establishment. - Muhammad Cohen (Oct 2, '09)

China maps an end to the Afghan war
A senior Chinese official has publicly put forward an unusually forthright and timely view on the Afghanistan conflict, proposing concrete steps to be taken towards unlocking the stalemate there. This, he argues, is an Afghan issue, while al-Qaeda is not a big factor. Not the least important: US troops should go home. - M K Bhadrakumar (Oct 1, '09)

China's military struts its stuff
The military took center stage on Thursday during celebrations to mark the 60th anniversary of the founding of the People's Republic of China. Significantly, the massive parade in Beijing featured hitherto unseen advanced hardware developed and made in China. The People's Liberation Army has been equally open in outlining its ambitious modernization plans to make it the best fighting force in the world. - Cristian Segura and Wu Zhong (Oct 1, '09)

The night Zhou was drunk under the table
While out-drinking Chinese premier Zhou Enlai, arguing over literature with Mao Zedong's wife and sharing turkey with the Gang of Four, a young Westerner in Beijing at the time of the Cultural Revolution was blissfully unaware of the Moscow-style purges going on behind the scenes. - Ian Williams (Oct 1, '09)

A MANUFACTURED CRISIS, Part 3
The case for Iran
Fiery rhetoric aside, Iran's leaders are now being cautious, and their military intentions are defensive. They know all too well how sanctions would cripple the economy, and the Iranian people have no desire to replicate the horror of the defensive war they waged against Iraq for most of the 1980s. - Jack A Smith (Oct 1, '09)
This concludes a three-part report.
PART 1: The facts of the matter
PART 2: It's sanctions or bust

THE ROVING EYE
It's bomb, bomb, bomb Iran time
Israel, sundry Sunni Arab puppet rulers and dictators, the American right and the European right, these all fear Iran's regional clout and want to castigate Tehran in Thursday's nuclear talks. Iran's nuclear dossier - and new revelations about a second, not-so-secret enrichment plant - could not be a more convenient cover story for regime change. - Pepe Escobar (Sep 30, '09)

SINOGRAPH
A culture at ease with war
A common perception of China is that over the centuries there was a conflict between culture and literature on the one side and military affairs on the other. Similarly, a belief grew that China was unfit for war and an easy pushover. An exhaustive new book tells another story, showing how the Chinese are well prepared for opposing armies. - Francesco Sisci (Sep 30, '09)
David P Goldman
(Oct 6, '09)
When is a non-performing loan not a non-performing loan? When you say it isn't ...



US balks at Pakistan
war-zone factories

A plan to establish factories in strife-torn areas of Pakistan to produce goods for duty-free exports is being held up in the United States over concerns the goods will undermine jobs in America. - Syed Fazl-e-Haider

China stands firm against
US market scramble

China has little intention of letting its role as the world's factory decline or of allowing its currency to strengthen faster, despite the Group of 20's pledge to work towards reducing global trade imbalances. Beijing believes the true nature of such demands is a scramble by the United States for markets.

Follow the money
For US$200 million of public money we could take a walk in the footsteps of Jesus Christ, curing millions of leprosy. Or we could just give Hank Paulson a tax break. Then ask what else could have been done with the $4 trillion the US government has committed to Wall Street and its already hugely rich denizens. - Matt Bivens

Bernanke works on
as jobless tally mounts

The number of jobless people in the United States has officially doubled as Federal Reserve chairman Ben Bernanke has pursued his loose monetary policy, with the real count much worse. With that policy unlikely to change in the near future, the tally will keep rising. - Hossein Askari and Noureddine Krichene

FROM THE BLOG
Rounding to zero
Nobody's unemployed - the "jobless" are just early (teenaged) retirees, or hippies, or whatever. And there aren't any bankruptcies, just people who decide to seek enlightenment away from the business world. - David Goldman

THE MOGAMBO GURU

Dry guide
to 'recovery'

United States legislators, woefully ignorant of how the financial system works and how it got the world into the present mess, need only a glance at the exotic-sounding Baltic Dry Index to find out how strong the so-called recovery is - it isn't. (Oct 6, '09)




CREDIT BUBBLE BULLETIN
No way to fix a collapse
Credit bubbles are fundamentally about a confluence of undisciplined behavior, from monetary system management, through lending and investment, to spending throughout the economy. The consequences of increasingly bold policy activism include a more unbalanced economic structure, as witnessed today. (Oct 5, '09)
Doug Noland looks at the previous week's events each Monday.





[Re Ghost of Thaksin's past visits Abhisit, ATol, Oct 6] "The facts (and they are facts) in this summary are well-known to those who follow Thai matters. For those who don't, and wish to update themselves on Thai politics, this article is hard to beat." - Jim the Moron

From Our Mailbox
[Re Obama's permanent depression, October 5] Thank you for this excellent analysis. ... Nothing in the United States media has explained this like Asia Times Online. I am grateful for this independent source of news.
John Everhart
Elko, Nevada
   Go to Letters to the Editor



1. Obama's permanent depression

2. Pakistan goes for militants' jugular

3. India plays down Chinese incursions

4. US stands right beside Islamabad

5. Payback time

6. China's satellite diplomacy shifts a gear

7. More power to Afghan warlords

8. Sex and security in Afghanistan

9. Dry guide to 'recovery'

10. How to disarm the liquidity bomb

(24 hours to 11:59pm ET, Oct 6, 2009)

Pick of the month Sep 2009
THE ROVING EYE

Fifty questions on 9/11
More questions on 9/11




ATol Specials


  By Syed Saleem Shahzad
(Jan '09)

  VIDEO
Taliban's new breed of leader
(May '08)

The Gates
Inheritance
By
Roger Morris
 
(June '07)



Syed Saleem Shahzad reports on the Afghan war from the Taliban side
(Dec '06)

How Hezbollah defeated Israel
By
Mark Perry and
Alastair Crooke
(Oct '06)

Mark Perry and
Alastair Crooke
talk to the 'terrorists'
(Mar '06)

China: The
Impossible
Revolution

By
Francesco Sisci 

The Coming
Trade War


By Henry C K Liu

A series
by Henry C K Liu
 

Sinoroving

Pepe Escobar in China

Money, Power
and
Modern Art


A series by Henry C K Liu

Andre Gunder Frank on Uncle Sam and his shrinking dollar


By Pepe Escobar with photographs by Kevin Nortz

   Nir Rosen goes inside the Iraqi resistance

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



 
 


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