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    Front Page
    

A Bonapartist in the Indian Ocean

Sri Lankan democracy may never be the same again now that swashbuckling army chief Sarath Fonseka has abruptly discarded his uniform to run for president. Fonseka is entering uncharted waters. But the United States Green Card holder knows that he has the full backing of a Washington seeking a malleable power structure in Colombo. - M K Bhadrakumar (Nov 16, '09)

THE ROVING EYE
Welcome, comrade Maobama
United States President Barack Obama visits Beijing as China is organizing a new world order based on economic independence and respecting cultural and political differences - a hierarchical change all nations can believe in. Beijing welcomes being classed as the US's "essential partner" and "competitor"; being competitive is second nature when you have been a major economic power for 18 of the past 20 centuries. - Pepe Escobar (Nov 16, '09)

Test of wills over Iran plan
The fuel-for-fuel plan under which Iran would send the bulk of its low-enriched uranium to Russia and France to be further processed for use in a medical reactor in Tehran is still on the table. It is likely to remain there unless its main backers, including the United States, introduce some compromises. - Kaveh L Afrasiabi (Nov 16, '09)

Missing the nuance in south Thailand
Misconceptions about the insurgent violence in Muslim southern Thailand have grown with the conflict, as reports exaggerate or romanticize separatist sentiments while claiming the Thai state's policy of arming Thai Buddhists is fueling the violence. Overlooked are the connection many southerners feel with Bangkok and local Muslim animosity towards the insurgents. - Jason Johnson (Nov 16, '09)

SPENGLER
Europe's tragedy, and
Europe's tragedian

The 250th anniversary of the birth of German poet, philosopher, historian and playwright Friedrich Schiller passed last week with less attention than it deserved. Schiller understood European history not as the shift of power from obscurantist Catholicism to enlightened Protestantism, but rather as the death-tragedy of Catholicism and of Europe itself. (Nov 16, '09)

An anxious wait in Afghanistan
While the United States agonizes over its Afghan policy, even with the re-election of President Hamid Karzai now settled, the country remains in limbo. Warlords and powerbrokers jockey behind fortified walls in the capital, while the United Nations and other organizations keep their heads down. Only the Taliban appear unfazed. - Derek Henry Flood (Nov 16, '09)

Hong Kong plays transgender catch-up
A Hong Kong transsexual is suing the government for the right to marry her male partner, putting traditionalists on the legal defensive. Attitudes toward sexual orientation are changing in Hong Kong, though it's behind some places on the Chinese mainland where such a conjugal union is already legally sanctioned. - Kent Ewing (Nov 16, '09)



Sino-Indian rivalry fuels Nepal's turmoil
As Nepal's Maoists intensify efforts to paralyze the central government, the group's mass protests and provocative acts over a political impasse threaten to plunge the nation back into civil conflict. With the Maoists claiming the support of China, and a pro-India government in place in Kathmandu, a barely concealed proxy contest is developing between Beijing and Delhi for a strategic advantage in the Himalayas. - Peter Lee (Nov 13, '09)

A witches' cauldron brews in Yemen
Saudi Arabia is on the offensive in Iraq and Afghanistan to counter Iranian influence. The Saudis, though, are on the defensive in Yemen, which has become a safe haven for al-Qaeda elements to make incursions into Saudi Arabia. In addition, the Shi'ite Houthi clan has made the Saudi-Yemeni border highly volatile. Tehran, while doing nothing adventurous, is highly pleased. - M K Bhadrakumar (Nov 13, '09)

No country for gold men
People of all nationalities should now look to gold as the ultimate hedge against inflation as well as globally irresponsible monetary policy, as the absence of an exit strategy from central banks combined with an explicit targeting of inflationary increases would create the ideal conditions for wholesale destruction of savings stored through financial instruments. - Chan Akya (Nov 13, '09)

Welcome home, war
Wars, even the most distant ones, come home in strange, unnerving ways - as Americans have just discovered with the killings at Fort Hood. In less noticed but no less crucial ways, America's wars are now coming home, with techniques developed in the crucibles of Iraq and Afghanistan migrating from Baghdad and Kandahar. - Alfred W McCoy (Nov 13, '09)

OBAMA ON THE ASIAN HIGHWAY
Japan: A new battle over Okinawa
United States President Barack Obama's visit to Japan comes as rifts deepen between Washington and the new government in Tokyo over US troops in Okinawa. Tokyo still sees the US's strike capabilities as crucial for ensuring Japan's security, but it is gradually shifting its axis of cooperation towards Asian nations. - Kosuke Takahashi (Nov 13, '09)

Korea: Looking
for a fight

After the 5,000 rounds that four South Korean patrol boats fired at an errant North Korean vessel, President Obama's visit to Seoul will seem tame in comparison. But while there won't be any fireworks over Pyongyang's nuclear weapons, the contentious US-Korean free-trade agreement could provide sufficient ammunition for a fight. - Donald Kirk (Nov 13, '09)

BOOK REVIEW
An extraordinary life,
an ordinary man

Don't Call Me a Crook
by Bob Moore
Dissident Books, in rediscovering and editing this overlooked classic first published in 1935, has resurrected a one-time author whose ignorance, rakishness and lack of conscience are indicative of his time. What's extraordinary, however, are his Chinese misadventures, which include tales of murder and kidnappings. - Kent Ewing (Nov 13, '09)

Afghans fear infiltration from Iran
Every day, scores of refugees return to Afghanistan from Iran through a small, poorly supervised border town in Herat province. Most of them have been kicked out by Tehran, which, say helpless border police, is also sending across both Afghan and foreign fighters to join the Taliban-led insurgency. - Zia Ahmadi and Mustafa Saber (Nov 12, '09)

US air supply drop turns deadly
An American air supply drop that went horribly wrong is the latest incident to provoke Afghan anger. Up to 25 United States and Afghan personnel, plus several civilians, were reportedly killed or injured in insurgent-riddled Bala Murghab district, with everything going from bad to worse when two paratroopers went missing in a fast-flowing river. - Mustafa Saber (Nov 12, '09)

Sri Lanka split over war honors
A widening rift between Sri Lanka's armed forces chief General Sarath Fonseka and President Mahinda Rajapaksa over who should take credit for the defeat of the separatist Liberation Tigers of Tamil Eelam is adding spice to competition ahead of a presidential election, and increasing concern for the country's democratic future. - Sudha Ramachandran (Nov 12, '09)

Complacency creeps back in Mumbai
Life is buzzing again in Mumbai, almost back to normal nearly a year after Pakistani-trained gunmen rampaged there, killing more than 200. But there are doubts the city has learnt from the violent attacks. Regular government pledges of vigilance and anti-terrorism conferences may help create some sense of urgency, but the sight of under-trained, dozing policemen does not. - Raja Murthy (Nov 12, '09)

The rise of Rimland?
Energy deals across Southwest Asia - such as between Iraqi Kurdistan and Turkey - are redrawing international relations for years to come, bringing full circle the region's post-Ottoman Empire history. On the periphery, and crucially, lie Iran, Pakistan, Afghanistan and Uzbekistan. - Robert M Cutler (Nov 12, '09)

Indian stocks face power shortage
Strong gains in Indian equity markets have been helped by government stimulus spending, inflows of foreign cash, and improved company earnings. The driving power behind all three could soon be running on empty. - Kunal Kumar Kundu (Nov 12, '09)

Drones: A slam-dunk weapons system
In Afghanistan and Pakistan, drones seem to be the only things that "work". They are not, however, the first wonder weapons so hailed. The atomic bomb, Vietnam's electronic battlefield, Star Wars, "smart bombs" and "netcentric warfare". All failed, just as drones will. But it made no difference, all "succeeded" at home; yet another mini-sector of the military-industrial complex was born. - Tom Engelhardt (Nov 11, '09)

The 'myth' of a counter-revolution in Iran
The crisis sparked by Iran's allegedly rigged presidential election has more than ever exposed the reformists as confused ideologues who for material, political and ideological reasons are unable to definitively break with the ruling establishment. But it is the street protesters who are killing off the reform movement. - Mahan Abedin (Nov 11, '09)

Space is suddenly on the China agenda
As United States President Barack Obama prepares for his first official trip to Asia, a Chinese army commander has called for China's "superiority in space". This could be taken as proof that China seeks military dominance in space, and that the US's planned cooperation in civilian space programs would in effect transfer technology to a potential adversary. - Peter J Brown (Nov 11, '09)

Clouds over Tokyo and Seoul
Disagreements over a United States army base in Japan and a free-trade agreement with South Korea are likely to figure prominently in President Barack Obama's visit to Northeast Asia. Nonetheless, Obama is expected to grasp this opportunity to reaffirm the US's longstanding relationship with its two closest allies in the region. (Nov 11, '09)

ASIA HAND
Plots seen in Thaksin's Cambodia gambit
Cambodia's welcome to exiled former Thai prime minister, Thaksin Shinawatra, has added a volatile regional dimension to Thailand's political impasse. Thai military planners now believe Cambodia's leader could be working with Thaksin to bring down the government in Bangkok. However, Thai Prime Minister Abhisit 'Vejjajiva may see no political point in easing tensions, given his surge in domestic opinion polls over the issue. - Shawn W Crispin (Nov 11, '09)

US finally wise to Pyongyang's ways
Through a canny mix of precipitous threats and conciliatory gestures, North Korea had continually succeeded in manipulating the United States into granting it vast amounts of food and energy aid - while giving away little in return. The US now appears to have cottoned onto this, recognizing that Pyongyang hasn't the slightest intention of surrendering its nuclear program. - Andrei Lankov (Nov 11, '09)

SINOGRAPH
A sacrificial lamb
Discussions between India and China on disputed border issues could be hastened by Washington's need to find a political solution for Afghanistan, something that could compromise the cause of the Dalai Lama, the exiled Tibetan spiritual leader who donated "his" Tawang to New Delhi. - Francesco Sisci (Nov 11, '09)

Dalai Lama calm in the eye of a storm
While the visit by the Dalai Lama to the disputed area of Arunachal Pradesh in India has not helped already frosty relations between India and China - some even talk of war - the exiled Tibetan spiritual leader is possibly closer to the reality when he points out "my visit here is non-political". - Saransh Sehgal (Nov 10, '09)

THE BEAR'S LAIR
Which big country will default first?
No leading economy has defaulted on its debt since the 1930s, yet conceivably that could be the fate of the United States, Britain and Japan, an indication of the wrong-headedness of policies taken to address the downturn. The world should hope that the urge for fiscal responsibility hits London, Washington and Tokyo pretty soon. - Martin Hutchinson (Nov 10, '09)

Oil floats high on easy money
Conspiracy theorists need only look at the number of tankers berthed over the horizon from Singapore to find support for the notion that speculators are helping to drive up the cost of oil. Media pundits favor the "China demand fits all" approach. Reality seekers in the United States should delve a bit deeper, and look a bit closer to
home. - Julian Delasantellis (Nov 10, '09)
David P Goldman
(Nov 15, '09)
The United States should establish a fixed parity for the dollar with ... China



Korean model triumphs over West
South Korea's strong economic growth, as Western counterparts struggle to emerge from recession, makes a mockery of long-standing criticism from the West over the predominance of family-run conglomerates in the Korean economy. - Ian Williams

MARKET RAP
Not so strong
The overall strength of Asian stocks last week masked a marked divergence, with the Shanghai market in the middle as it was outpaced by gains elsewhere in Greater China while Japan and South Korea showed signs of weariness.
R M Cutler runs his eye over the ups and downs in the week's markets.

CHINA'S REVOLUTION, Part 4
Mao's legacy lives on
Deng Xiaoping's reform policies, which led to China's present vital role in the world economy, would not have succeeded without the revolutionary policies launched by Mao Zedong, whose Thought remains the light source of the historic revival of the four-millennia-old Chinese civilization.
This is the fourth article in a multi-part series.
Part 1: In the beginning was Tiananmen
Part 2: Revolutionary lessons
Part 3: Lessons of the Soviet experience

CREDIT BUBBLE BULLETIN
Just the facts
New data underlie the scale of China's promise and challenges as US President Barack Obama meets Chinese leaders in Beijing: a doubled trade surplus, a stock market up 74% this year, apartment prices at record levels and passenger car sales up 76% in October. Concern over asset bubbles may weigh more heavily than US hectoring to win the argument for the yuan to strengthen.
Doug Noland looks at the previous week's events each Monday.

FROM THE BLOG
Yuan a saving anchor
By stabilizing the dollar against the yuan and other currencies, the United States can create a shield behind which developing countries' capital markets could flourish and capital continue to flow to the United States. - David Goldman








[Re No country for gold men, Nov 13] "...Don't buy gold. Now it is time to invest in real estate in small towns in China. There are many ways to do that. ..." - quark
"Hmmm .. interesting notions here. ... Gold vs Property ... well, the key problem is that someone in Chattanooga, TN, or Geneva, SW, can buy gold. How can they purchase Chinese 'small town' property directly? Do enlighten us ..." - Chan Akya

From Our Mailbox
[Re Korea: Looking for a fight, November 13] The Kim Jong-il regime remains in power solely through its ability to terrorize the people of North Korea. The world should air drop several million small radios on North Korea to increase the knowledge of its people and speed the collapse of this evil regime. That's the only plan that will get rid of their nuclear weapons.
Dennis O'Connell
USA
   Go to Letters to the Editor



1. US finally wise to Pyongyang's ways

2. Sino-Indian rivalry fuels Nepal's turmoil

3. Which big country will default first?

4. A witches' cauldron brews in Yemen

5. Plots seen in Thaksin's Cambodia gambit

6. No country for gold men

7. Welcome home, war

8. Japan: A new battle over Okinawa

9. Afghans fear infiltration from Iran

10. US air supply drop turns deadly

(Nov 13-15, 2009)

Pick of the month Oct 2009
SPENGLER

Obama's permanent depression




ATol Specials


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Mark Perry and
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