Asia Time Online - Daily News
WRITE for ATol ADVERTISE MEDIA KIT GET ATol BY EMAIL ABOUT ATol CONTACT US
Asia Times Chinese
AT Chinese









 Services



 ATol Shop


 Get ATol by email


 Archive


 Currency Converter




 Information



 Advertise


 Media Kit


 Write for ATol


 About ATol


 Contact


 Privacy


 Legal






    Front Page
    

Afghanistan runs on well-oiled wheels

Every day, trucks carry diesel from Turkmenistan to the Afghan capital, Kabul, where some of the fuel is used in electricity power stations. Influential people are making a lot of money from the venture, which is financed by American tax dollars and is part of a fine-tuned system of nepotism and corruption that works a treat. It is not about to change. - Pratap Chatterjee (Nov 18, '09)

Secrecy shrouds Iran's contingency centers
Evidence produced by the International Atomic Energy Agency suggests that Iran's Qom uranium enrichment plant was constructed on one of many sites earmarked as early as 2002 as a "contingency center" in the event of a United States air attack. The big issue now is at what point the center evolved from a series of tunnels into a nuclear facility, and whether there are others. - Gareth Porter (Nov 18, '09)

OBAMA ON THE ASIAN HIGHWAY
Hu and Obama seal real deals
The joint statement by Chinese President Hu Jintao and United Sates President Barack Obama appears to embrace a long-term, strategic relationship between the nations. The pledges of cooperation on Iran, South Asia and the Asia-Pacific may appear principled rhetoric, but in private they represent concrete deals being made. - Francesco Sisci (Nov 18, '09)

A new courtship for Southeast Asia
Barack Obama at the weekend became the first US president to share a room with all 10 leaders of the Association of Southeast Asian Nations. The US's new Asian focus is based partly on a belief that the region has been neglected, giving China a pre-eminent position, and that it's time to get down to business. - Brian McCartan (Nov 18, '09)

Obama dodges Chinese missiles
During his visit to China, President Obama avoided the subject of China's military buildup and its deployment of new missiles, as well as "Juniper Cobra", a vast and sophisticated US-Israel missile defense exercise. His failure to broach the issue may spark domestic criticism and concerns among US allies in Asia. - Peter J Brown (Nov 18, '09)

US takes aim over Jordan's shoulder
The Jordan International Police Training Center, a quiet and unassuming base on the surface, has become a key part in the regional designs of the United States and its allies in the Middle East. Since 2003, the facility has trained more than 50,000 police officers bound for Iraq and beyond. - Jon Elmer (Nov 18, '09)

One-two punch for India's opposition
Following hard on its defeat in national elections, India's main opposition, the Bharatiya Janata Party, has been trounced in three state polls. While the results further strengthen the ruling Congress party, the big loser, beyond the BJP, is India's move towards a broad two-front political system. - Neeta Lal (Nov 18, '09)



Militants change tack in Pakistan
After a month-long operation, Pakistan's military is chasing shadows in the South Waziristan tribal area. The militants being sought so desperately by the army - and the United States - are scattered in remote surrounding areas, including in Afghanistan. Previously, the next step would have been to negotiate a ceasefire. Not this time. In a major switch, the militants want a long-term insurgency against the security apparatus across the country. - Syed Saleem Shahzad (Nov 17, '09)

THE BEAR'S LAIR
Waiting for the train wreck
Central banks have lost the opportunity to change policy, indicated by gold's breakout above US$1,100. The huge weight of global stimulus money ensures that the gold and commodities bubble will now run to its full extent, with the world heading towards another train wreck. - Martin Hutchinson (Nov 17, '09)

'Northern Taliban' threatens Central Asia
Taliban counter-moves against United States coalition efforts to forge a supply route from Central Asia to northern Afghanistan have ended the relative calm in that part of Afghanistan and could drag Central Asian states into the conflict. As more foreign fighters from groups like the Islamic Movement of Uzbekistan join the ranks of the emerging "northern Taliban", the issue is rapidly climbing up the coalition's agenda. - Sanobar Shermatova (Nov 17, '09)

Mafias expose China's legal woes
It took a directive from the top echelons of the Chinese Communist Party before officials in China's western Chongqing metropolis would unleash an "anti-triad tornado" on well-connected mafia syndicates, nabbing close to 3,000 big-time criminals. The fiasco has laid bare the full extent of collusion between organized crime and senior officers in the police and judiciary. - Willy Lam (Nov 17, '09)

SPEAKING FREELY
The benefits of a nuclear Iran
The United States should simply give Iran the bomb. A nuclear Iran would restore parity to the balance of power in the Middle East and may end up stabilizing the region far more than the continued tensions over Israeli and American objections to Iran's nuclear ambitions. - Aetius Romulous (Nov 17, '09)

US boosts India's anti-terror efforts
India's decision to increase information-sharing with United States intelligence agencies since last year's Mumbai terrorist attack is paying off, witness the Federal Bureau of Investigation's operation uncovering a plot to attack important sites in India, including the Taj Mahal. - Siddharth Srivastava (Nov 17, '09)

Political impasse takes Nepal to brink
Leaders of Nepal's Maoists are threatening more mass protests and to turn the nation "into another Afghanistan" should their demands for limits to presidential powers not be met. As the political turmoil drags on - not helped by an apparent China-India tussle for influence - some see hope in the formation of a unity government. - Dhruba Adhikary (Nov 17, '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)

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)

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)

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)

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)

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)

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)

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)

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)
David P Goldman
(Nov 16, '09)
No-one dares pop the bubble. It's like what Woody Allen said about death ...



Rusal tests Hong Kong's waters
Members of the Listing Committee of the Hong Kong Stock Exchange gather on Thursday to discuss the listing plans of United Company Rusal, the first application lodged by a Russian company to sell shares in the city's market. More than the possible US$3 billion value of the share sale will be at stake. - John Helmer

Why Yudhoyono needs FDI
President Susilo Bambang Yudhoyono wants to see faster growth and more people at work in Indonesia, where more than half the 240 million people live on less than US$2 a day, but liberalization measures that would help to attract foreign direct investment, or FDI, to plug the vast gap in the required budget may be slow in coming. - Fabio Scarpello

Dollar doing the right thing
The US dollar's decline has conservative media bewailing the currency's and the country's fate. Yet its 18% recent fall is against the euro, with little change against currencies of leading trade partners China and Japan. And given that the US is in economic distress, and has $30 billion a month trade deficits and zero interest rates, the dollar very much should be falling. - Julian Delasantellis

CHINA'S REVOLUTION, Part 5
Surplus and capital formation
China's post-revolution challenge was to transform a feudal economy whose surpluses were mostly unproductive into a system that would increase capital formation and hence national income. Land reform, a significant contributor in the pursuit of this goal, remains a key issue in the country's progress and potential. - Henry CK Liu
This is the fifth article in a multi-part series.
Part 1: In the beginning was Tiananmen
Part 2: Revolutionary lessons
Part 3: Lessons of the Soviet experience
Part 4: Mao's legacy lives on

FROM THE BLOG
No recovery here
There is a pretty close inverse correlation between the 10-year Treasuries yield and the Standard & Poor's 500 Index. What could account for this? Not economic recovery, in which real interest rates rise. - David Goldman




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. (Nov 16, '09)
Doug Noland looks at the previous week's events each Monday.

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. (Nov 16, '09)
R M Cutler runs his eye over the ups and downs in the week's markets.





"[Major Nidal Malik] Hasan [the alleged Fort Hood shooter] was evidently a Muslim, and a terrorist, and committed an indefensible act. I have no idea why he committed that act of terrorism ... I never said that he was 'driven by his faith'." - Jim the Moron

"As you [Jim the Moron] have no idea what drove his act, you cannot call it an act of terrorism. A killing spree, whether sane and deliberate, or insane, is not automatically "terrorism", unless the term has become completely meaningless. "Terrorism" is defined by its motive, and by your own admission, you don't know what the motive was. Yet you choose to link the ideas "Muslim" and "terror" ... - aquicke

From Our Mailbox
[Re The benefits of a nuclear Iran, November 17] Well done Aetius Romulous! The United States and Russia should give Iran and all the Central Asian states half a dozen bombs each ... The playing fields will be leveled and the US will avoid any further loss of face with its insane, costly, unwinnable military adventures far from home.
AAL
Calgary, Canada
   Go to Letters to the Editor



1. Militants change tack in Pakistan

2. No country for gold men

3. Waiting for the train wreck

4. 'Northern Taliban' threatens Central Asia

5. The benefits of a nuclear Iran

6. Welcome, comrade Maobama

7. Mafias expose China's legal woes

8. US boosts India's anti-terror efforts

9. China's phone firms help Africa go mobile

10. Europe's tragedy, and Europe's tragedian

(24 hours to 11:59pm ET, Nov 17, 2009)

Pick of the month Oct 2009
SPENGLER

Obama's permanent depression




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



 
 


All material on this website is copyright and may not be republished in any form without written permission.
Copyright 1999 - 2009 Asia Times Online (Holdings), Ltd.
Head Office: Unit B, 16/F, Li Dong Building, No. 9 Li Yuen Street East, Central, Hong Kong
Thailand Bureau: 11/13 Petchkasem Road, Hua Hin, Prachuab Kirikhan, Thailand 77110