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Russia challenges US in the Islamic world

For the second year in a row, Russia this month attended the annual summit of
the Organization of Islamic Conference as an observer. This signals Moscow's
active extension of its involvement in the Middle East by directly challenging
the US's traditional dominance of the region. The "peace dividend" of this
growing friendship with the Islamic world also translates into hard dollars -
from mega projects in Egypt and Saudi Arabia - under the US's nose - to renewed
oil interests in Iraq. - M K Bhadrakumar (Mar 28,
'08)
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North Korea sends a missile warning
After weeks of increasingly acrimonious verbal sparring between North and South
Korea, Pyongyang on Friday fired a volley of short-range missiles off South
Korea's west coast. Seoul quickly dismissed the incident as routine, but few
are falling for that: the nuclear deal with North Korea is coming undone. - Donald
Kirk (Mar 28, '08)
Jitters over Syria's Kurdish
clashes
The death of three Kurds in clashes with security forces in the Kurdish
district of Qamishly in northeastern Syria has angered Kurds not only in Syria
but also in neighboring Iraq and Turkey. This is very bad timing for a region
on the verge of explosion. - Sami Moubayed (Mar
28, '08)
Western colleges find school mates
in India
Indian students are storming the halls of the country's higher education system
in search of rare seats. Now some of the best universities in the United States
and Europe are helping out, allowing Indian institutions to offer coveted
brand-name degrees for half the cost of studying abroad. - Indrajit Basu
(Mar 28, '08)
Afghanistan adrift in misplaced aid
The US$15 billion in donor aid for Afghanistan has to date been focused on
numbers, quick delivery, high visibility and meeting benchmarks - a
production-line approach to rebuilding a nation. An authoritative new report
raises serious questions about this "solution" adopted by the donor community:
the evidence in the shattered country is plain for all to see. - Aunohita
Mojumdar (Mar 28, '08)
SEX
IN DEPTH
Indecent exposure in Indonesia
The Indonesian government's new ban on Internet sites with "immoral content"
comes at the same time another government campaign attempts to put free
Internet access in all the nation's high schools. Such complexities continue,
as the world's most populous Muslim nation tries to balance its "sexual
evolution" with a bustling sex trade, the cyber age and what Jakarta considers
moral decay. - William Sparrow (Mar
28, '08)
Knives out for Malaysia's
Abdullah
Following his party's poor election showing, Prime Minister Abdullah Badawi is
on guard on all fronts, from potential challengers within the ranks of his
party to the emboldened opposition alliance. Few believe he will survive. -
Anil Netto (Mar 28, '08)

Bush and bin Laden's virtual war
The George W Bush administration's "war on terror" could be summed up in three
words - "fragmentation, diminution, destruction". That's fragmentation brought
about by "creative destabilization", as in Iraq, Lebanon and Palestine;
diminution of American prestige, both military and political, and thus of
American power; destruction of political consensus within the US for a strong
global role. And all this to the advantage of Osama bin Laden. - Mark Danner
(Mar 27, '08)
SPEAKING FREELY
September 11 was a third-rate
operation
From the day of the attack, evidence has accumulated that September 11, 2001,
was never more than a third-rate operation. This is evident from what the plot
achieved, and what it didn't attempt, or do. The American public shares the
blame for the plot's success, causes and ensuing ramifications; through its
collective narcissism, dereliction of responsibility, and fear. - Bohdan
Pilacinski (Mar 27, '08)
Muqtada cuts free
Fighting in the south of Iraq between Muqtada al-Sadr's Madhi Army and a rival
Shi'ite organization fitted in uniforms of the Iraqi security forces mark the
end of Muqtada's self-imposed ceasefire. It also signals a major defeat for the
US military command's strategy of weakening the Mahdi Army. - Gareth Porter
(Mar 27, '08)
A sheikha, a queen and a first lady
The dazzling arrivals of three young first ladies to power in Doha, Amman and
Damascus have unveiled a new and important realm of possibilities for the wives
of Arab leaders. The "Big Three" have enchanted much of the world with their
grace and elegance, and have taken increasingly active roles as businesswomen,
entrepreneurs and nation-builders. - Sami Moubayed (Mar
27, '08) |
Sri Lanka's wounded Tigers growl at
Delhi
India's perceived "state welcome" for a Sri Lankan army chief has drawn heavy
criticism from the Liberation Tigers of Tamil Eelam, who have called it an
"historic blunder". Some have dismissed the statements as a cry of desperation
from an organization suffering severe setbacks, others warn that strident
remarks could presage attacks on Indian soil or interests in Sri Lanka. - Sudha
Ramachandran (Mar 27, '08)
Tibet, China, the West: Back to
stereotypes
The riots in Tibet have blown a formidable flicker into China's Olympic flame,
and any chance of keeping the sporting event free of politics has been
extinguished. All the same, the Games still offer China the opportunity to
educate the world on the daunting challenges it faces as a still-developing
nation. - Kent Ewing (Mar 27, '08)
US moves towards engaging Iran
Sunday's mortar attacks on the Green Zone in Baghdad may be a harbinger of
things to come unless the United States accommodates Iranian interests. And
with the George W Bush administration's grudging admission of the realities of
the political alignment in Tehran, "unconditional talks" between the countries
are in the offing. The real issue now is whether the emboldened leadership in
Tehran shares Washington's sense of urgency. - M K Bhadrakumar
(Mar 26, '08)
The fateful Battle of Baghdad
In its five years under American occupation, Baghdad has been transformed from
a metropolis into an urban desert, and various American "surges" have proven,
in the end, disastrous. For the residents of the battered city, it's an endless
wait for the Americans to leave. - Michael Schwartz
(Mar 26, '08)
Crisis looms for Myanmar's riven
junta
With top junta members under investigation for corruption and the health of
senior general Than Shwe deteriorating, Myanmar's leadership is in a state of
paralysis. But all the while, tension between rival junta factions is building
and something will likely give soon, in the form of a mutiny, purge, or palace
coup. - Larry Jagan (Mar 26, '08)
India all at sea over US defense
ties
A report by an independent watchdog has shot holes through a US$50-million deal
the Indian navy inked to acquire the US battleship USS Trenton. The findings
run from the ship's toxic leaks to fine print that prohibits it from any
offensive action. The controversy has the potential to sink possible big-dollar
India-US defense deals. - Siddharth Srivastava
(Mar 26, '08)
THE BEAR'S LAIR
Wall
St greed to feel the squeeze
The present unwinding of the US financial system, with serious and repeated
losses still to come, will lead to fundamental change in the regulatory
environment. Even as some new rules will prove as counterproductive as those
they replace, the altered Wall Street that will emerge will be less exciting
for the greedy - providing one of the few unequivocal benefits of the miserable
recession ahead. - Martin Hutchinson (Mar 26,
'08)
THE SHAPE OF US POPULISM
Part 3:
The progressive era
Ideological ferment at the close of the 19th century left the US with
impressive political and economic reforms for future generations to build on.
Yet fundamental issues - notably those involving race and economic
centralization at the expense of economic democracy - dating back to the
nation's birth have even now not been resolved. - Henry C K Liu
(Mar 26, '08)
This is the third part in a series.

Part 1:
A rich free-market legacy - for some

Part 2:
Long-term effects of the Civil War
KEBABBLE
Turkey seeks a
more modern Islam
Turkish highest religious authority has instructed top theologians to
re-evaluate the oral traditions relating to the Prophet Mohammad. It's an
ambitious attempt at a fundamental revision of the holy texts and Turkey has
the capacity to do nothing less than recreate Islam, changing it from a
religion whose rules must be obeyed, to one designed to serve the needs of
people in a modern secular democracy. - Fazile Zahir (Mar
26, '08)
Tibet, the 'great game' and the CIA
The main beneficiary of the death and destruction in Tibet could
be the United States. For Washington and the Central Intelligence Agency,
with its deep involvement in the Free Tibet Movement, this is a
heaven-sent opportunity to create significant leverage against Beijing,
with little risk to American interests. For China, the seriousness with which
it is treating the unrest is illustrated by the deployment of a large number of
important army units. - Richard M Bennett (Mar
25, '08)
SPENGLER
The mustard seed
in global strategy
With Pope Benedict's baptism of Magdi Allam, a prominent Muslim-born journalist
who converted to Catholicism during Easter services, the global agenda is
changed through the soul of a single man. Since September 2001, the would-be
wizards of Western strategy have tried to conjure variations of Islamic
"reform" or "democracy". None of this matters now, as Magdi Allam's case
confirms.
(Mar 25, '08)
CAMPAIGN
OUTSIDER
Black and white and
barely read at all
US presidential candidate Senator Barack Obama gave an intelligent speech on
race relations to the wrong country. America doesn't want to think about much,
least of all about a topic on which everyone's already an expert. -
Muhammad Cohen (Mar 25, '08)

What
Obama's pastor really said (video)
DISPATCHES FROM AMERICA
Bonfire of puppy-tossers, and the
beer test
A widely viewed Internet video of a US Marine throwing a cute puppy to its
death in a ditch in Iraq has Americans gnashing their teeth at the appalling
actions of a native son. It's disturbing stuff, but where's America's
all-consuming concern for the hundreds of thousands of dead Iraqi humans? It's
this dicshotomy that exposes the real reasons for the war, and the real risks
that those who advocate its quick conclusion are taking. - Julian Delasantellis
(Mar 25, '08)
Same game, new rules in Afghanistan
Obituaries for the Taliban's spring offensive are premature, though instead of
trying to engage opposition forces head-on, the Taliban will open up new fronts
in both Pakistan and Afghanistan. In return, North Atlantic Treaty Organization
and United States-led troops will target the Taliban's safe havens straddling
the border with Pakistan. - Syed Saleem Shahzad
(Mar 20, '08)
Why Spitzer was Bushwhacked
Disgraced New York State governor Eliot Spitzer had cause to feel frisky when
he visited Washington in February. As he was paying off a call girl, the press
was preparing to run a Spitzer broadside against the world's biggest financial
powers and President George W Bush, whom he described as a fugitive from
justice and a partner in crime with predator lenders. It was a politically
fatal coincidence. - F William Engdahl
(Mar 19, '08)
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CHAN
AKYA
The
new Brahmins
Socializing risk and privatizing profit points to a global economic gridlock
that will likely make Asia's poor even poorer. The elite of global banking
can rest assured that society will pay its toll in perpetuity, essentially
creating a new super-caste of bankers. It's not Asia that is being globalized,
it is the West that is absorbing the worst Asian habits.
The little administration
that couldn't
The George W Bush administration's well-established record of incompetence and
association with destruction - from Iraq and Afghanistan and back to
hurricane-hit New Orleans - are fair pointers to whether it can end the US
financial crisis. The people in charge have done little these past years but
hand money to the rich and run American power into the dirt. - Tom Engelhardt
MARKET RAP
Bright spots defy Asia's
ubiquitous enervation
Volatility and poor sentiment in the US helped to maintain a dismal tone over
Asian markets, even as national economies as a whole remain relatively
unaffected by the US credit crunch. Within the gloom, bright spots appeared,
notably in India.
R M Cutler runs his eye over the ups and downs in the week's
markets.
BOOK REVIEW
The flawed golden goose
Blind Men and the Elephant by Was Rahman and
Priya Kurien
The information technology industry helped revolutionize the global economy,
yet its practitioners frequently fail to grasp business basics, deliver
projects late - if it all and with questionable benefits - while also
communicating dismally with customers, the authors argue. India' success in
getting these things right notwithstanding, lingering complacent habits
elsewhere and a lack of forward vision leave many in the industry ill-prepared
to face a downturn. - Sreeram Chaulia

Your
number's up
Like they were sucked into some sort of vast, sucking, gaping
whirlpool of economic insanity, US families blew US$74 TRILLION in extra
household debt in a mere eight years and that money ain't coming back, no
matter that the Fed has just created $9.6 billion in extra cash to bail out its
Wall Street pals. That's extra liquidity for you - and it is worse than poison.
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CREDIT BUBBLE BULLETIN
Nationalization and dislocation
Many investors may believe the Fed and the administration have discovered the
right antidote to the credit crisis - witness the recent stocks rally. Yet rule
changes regarding Fannie Mae and Freddie Mac are nothing less than a transfer
of massive prospective credit losses directly to the taxpayer and the US and
global markets in reality had "dislocation" written all over them.
(Mar 25, '08)
Doug Noland reviews the previous week's events each
Monday.
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Paris Hilton gives Facebook
the better vista
Microsoft's latest attempt to keep its Vista customers satisfied looks unlikely
to do that, with the Service Pack's plethora of fixes likely to herald a new
catalogue of woes. A Facebook flaw, allowing exposure of pics of a socializing
Paris Hilton, at least offered users of the networking site something to leer
over.
Martin J Young
surveys the week's developments in computing,
gaming and gizmos.
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[Re Tibet, China and the
West: Back to stereotypes, Mar 28] ... Using the Olympics to broadcast
and amplify contention, anger, and discontent - however justified, or not - is
akin to torching the chapel while you daughter is being married.
Jim Schudy
Utah, USA
[Re Markets'
weak spot is bad ad vice, Mar 28] ... Saying that the elimination of
advertising is the best solution to capitalism's problems is akin to saying
that removing lipstick from a prostitute will cure her syphilis.
H Annen |
Go
to Letters to the Editor |
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ATol Specials
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The
Gates
Inheritance
By
Roger Morris
(June '07) |
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Syed Saleem Shahzad reports on
the Afghan war from the Taliban side
(Dec '06)
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How
Hezbollah defeated Israel
By
Mark Perry and
Alastair Crooke
(Oct '06)
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Mark
Perry and
Alastair Crooke
talk to the 'terrorists'
(Mar '06)
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China:
The
Impossible
Revolution
By
Francesco Sisci
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The Coming
Trade War
By Henry C K Liu
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A series
by Henry C K Liu
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Sinoroving
Pepe Escobar in China
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Money, Power
and
Modern Art
A series by Henry C K Liu
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Andre Gunder Frank on Uncle Sam and his
shrinking dollar
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By Pepe Escobar with
photographs by Kevin Nortz
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Nir Rosen goes inside the Iraqi
resistance
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Nir Rosen rides with the US 3rd
Armored Cavalry in western Iraq
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website is copyright and may not be republished in any form without written
permission.
Copyright 1999 - 2008 Asia Times Online
(Holdings), Ltd.
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Office: Unit B, 16/F, Li Dong Building, No. 9 Li Yuen Street East,
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