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    Front Page
    
Thai protesters take uneasy time out

For 193 days, an army of paramilitary picnickers staged massive protests, laying siege to Thailand's Government House and later to two airports, in their efforts to bring down the government. This has happened, through a court ruling, and the protesters have withdrawn now that "the enemy is defeated". But if political developments do not unfold to their liking, they will be back on the streets in a flash. - Charles McDermid and Jakkapun Kaewsangthong (Dec 3,'08)

Neo-cons still preparing for Iran attack
Neo-conservatives are alive and well in Washington think-tanks, and still plotting an American assault on Iran. A familiar coalition of hawks, hardliners and neo-conservatives expects president-elect Barack Obama's proposed talks with Tehran will fail and are already positioning themselves for the imposition of an escalating set of measures leading to the attack they have wanted for so long. - Robert Dreyfuss (Dec 3,'08)

Voices raised for engagement
Two veteran American Middle East experts, whose views are likely to have influence over the foreign policy of the United States when the Obama administration takes office next month, argue in a book released this week that Washington should move quickly to engage Iran without preconditions. - Jim Lobe (Dec 3,'08)

Rice on Indian mission to steady nerves
United States Secretary of State Condoleezza Rice arrived in New Delhi on Wednesday to meet with Indian leaders angered over last week's terror attack in Mumbai by militants trained in Pakistan. Some Indian policymakers demand punitive action against against Pakistan. Rice's aim is to impress on them that this would be in nobody's interests. (Dec 3,'08)

Laos emerges as anti-munitions vanguard
Laos' support of a new international treaty on cluster munitions has brought its leaders out of their diplomatic shell - and out of the shadow of their powerful and assertive neighbors. There's also a symbolic angle: the US hit Laos with the most intensive aerial bombardment in the history of warfare, so the country could use a bit of help with the clean-up. - Nick Cumming-Bruce (Dec 3,'08)

ENGAGING CHINA IN SPACE, Part 2
US firms tired of being shut out
The new Barack Obama administration has to engage China in space as well as cope with Europeans eager to do satellite deals with Beijing which United States companies cannot pursue. - Peter J Brown (Dec 3,'08)
This is the second article in a two-part report.

Part 1: A fresh start or a protracted showdown?

Ins and outs of a China courtship
China has made great efforts to court its Southeast Asian neighbors and expand its sphere of economic influence. Through soft power diplomacy, Beijing is able to obtain more policy channels to engage with these countries, without sacrificing its own economic and political interests. (Dec 3,'08)



ENGAGING CHINA IN SPACE, Part 1
A fresh start or a protracted showdown?
The new administration in the United States will have to deal with China in space at a time when the Europeans, Russia, India and Japan are gaining momentum there as well. Achieving a greater degree of cooperation sounds easy, but if another Chinese anti-satellite test takes place, a more confrontational space warfare agenda will be the driving force again. - Peter J Brown (Dec 2,'08)
This is the first article in a two-part report.

Taj Mahal leads India's recovery
The venerable Taj Mahal Palace hotel has become the rallying symbol as Mumbai recovers from last week's multiple terrorist strikes that killed 183 people and injured over 325. The owners and staff are doing their best to return the luxury heritage establishment to normal, and as if on cue, the Indian government and media have in unprecedented fashion refrained from strongly condemning Pakistan, from where the terrorists originated. - Raja Murthy (Dec 2,'08)

Court brings down Thai government
Thailand's courts did on Tuesday what anti-government protesters have been trying to do for months - bring down the government. The Constitution Court ordered that the ruling party and two of its allies be disbanded over electoral fraud, and that numerous politicians, including the premier, be banned from politics. The anti-government groups responded by saying they will unblock the international airport and others they have forced to close. But the political crisis is far from over. - Shawn W Crispin (Dec 2,'08)

Obama team promises 'new dawn'
The key foreign policy and military picks for the Barack Obama administration who were unveiled on Monday promised to usher in a new era of strengthened United States diplomacy and multilateralism. But veteran supporters feel betrayed with the "hawkish" appointments, notably Hillary Clinton as secretary of state, saying they represent a departure from Obama's campaign stance, particularly on the questions of Israel and Iraq. - Jim Lobe (Dec 2,'08)

Cornered Tigers look to India
Things are looking bleak for Sri Lanka's Liberation Tigers of Tamil Eelam as the separatist group fast loses key strongholds. The Tigers want India to push Colombo to call a ceasefire, but in light of the Mumbai terror attacks, softening its stance on the Tigers is not yet on New Delhi's agenda. - Sudha Ramachandran (Dec 2,'08)

A bedside guide for Henry Paulson
Some relationships find that a little spark of danger, a little risk, can spice up intimate moments; and when that fades, some more risk is called for. Now US Treasury Secretary Henry Paulson is finding the truth of the hard-to-please syndrome. - Julian Delasantellis (Dec 2,'08)

THE MOGAMBO GURU
Joke 'loans' to prevent the bust
The notion that American taxpayers can "lend" US$7.4 trillion is laughable, with taxpayers already up to their ears in debt. Not to mention local governments, now so impoverished they are confiscating overpaid taxes. In the face of such theft, there is only one thing to do - buy gold!!! (Dec 2,'08)

SPENGLER
China’s six-to-one
advantage over the US

With 36 million Chinese children studying piano, compared to just 6 million in the United States, China is set to form an intellectual elite of unrivalled proportions. By mastering the most elevated and characteristically Western forms of high culture, China is proving that great empires can transcend their roots to become originators rather than imitators. Anyone who doubts this probably doesn't get Mozart's jokes either. (Dec 1,'08)

Al-Qaeda 'hijack' led to Mumbai attack
The militants who carried out the attacks on Mumbai last week were originally meant to head for Kashmir as part of a low-profile campaign of Pakistani-sponsored militancy there. But key reshuffles within Pakistan's Inter-Services Intelligence and Islamabad's refocus on unrest in the tribal areas that neighbor Afghanistan resulted in al-Qaeda hijacking the operation. - Syed Saleem Shahzad (Dec 1,'08)

Strange storm brews in South Asia
Washington is trying to cool tempers and avoid an eyeball-to-eyeball confrontation between India and Pakistan in the wake of last week's terror attack in Mumbai - even as both the nuclear-armed adversaries race to get the United States on their respective good side. China, Israel and others are watching the emergence of a new South Asian power equation from the wings, but the US is a full-fledged participant, thanks to the war in Afghanistan, which is critically poised. - M K Bhadrakumar (Dec 1,'08)

CHAN AKYA
The hottest place in the world
The Mumbai terror attacks present the next-level gambit of an extremist takeover of Pakistan as the government’s ability to act becomes increasingly restricted and free agents call the shots across the security spectrum. India's callous disregard for improving its security infrastructure to protect innocent taxpayers is tragic, but not surprising given the utter inefficiency of the current government. (Dec 1,'08)

Obama's collision course with China
President-elect Barack Obama's true agenda for future US-China relations remains opaque, but recent US Congress reports suggest it will be riven with conflict. "Economic nationalism" sparked by the global financial crisis; fears that China's modernization has not equaled reform in governance and human rights; and ongoing product safety concerns are among the host of divisive issues presented. - Benjamin A Shobert (Dec 1,'08)

SOFA not sitting well in Iraq
Iraq's security pact with the United States may have been approved by the Iraqi parliament, but not without highlighting the major divisions in the country. Prime Minister Nuri al-Maliki and Shi'ite leader Muqtada al-Sadr remain on a collision course, and militants have responded with further violence in Baghdad, trying to demonstrate that the government cannot survive without the US presence. - Sami Moubayed (Dec 1,'08)

Mumbai's night of terror
In a series of attacks by small groups of heavily armed men, more than 80 people have been killed in Mumbai. The financial capital of India has experienced terror over the years, but nothing like this - pure and simple, it was urban warfare. Raja Murthy was caught up in the action, and relates some of the horror stories of foreigners who came under fire - they were the prime targets in the bloody orgy of violence. (Nov 27,'08)

A country crashes and burns
The brazen occupation of Bangkok's international airport by anti-government protesters takes Thailand's political conflict to a point of no return. The relatively peaceful crisis is now on the brink of all-out violence. And the longer the government refuses calls for it to step down, the greater the chance of the military making a move. - Shawn W Crispin (Nov 26,'08)

Marooned: The anatomy of a civil siege
Within hours, Thailand's US$4 billion airport - the 18th busiest in  the world - was transformed from a glistening gateway for more than 700 daily flights and some 40 million annual travelers, into a protest site. Well-orchestrated anti-government protesters simply stormed in, leaving thousands of travelers stranded and with memories of the "Land of Smiles" they would mostly like to forget. - Charles McDermid (Nov 29,'08)


SUN WUKONG
Regions won't dance
to Beijing's tune

Controversial comments by the Communist Party chief of Guangdong province in defiance of Beijing's plans to help small businesses ride out the financial crisis could highlight power struggles in the party or political ladder-climbing, but are more likely indicative of China's growing trend towards regionalism. This places a huge question mark over the 20 million rural migrant workers in the country's richest province. - Wu Zhong (Nov 25,'08)

US military ripe for a fight with Obama
President-elect Barack Obama inherits a chasm of mistrust between the Pentagon and the White House, regardless of whether Defense Secretary Robert Gates stays on. First, Obama has to avoid a confrontation over the "don't ask, don't tell" policy on the sexuality of the forces. Then there are the deep splits sparked by the difficulties in Iraq and Afghanistan: the counter-insurgency advocates who feel besieged by the proponents of the "AirLand Battle" doctrine, aside from those who favor post-combat "nation-building". - Mark Perry (Nov 24,'08)

INTERVIEW
Taliban not talking peace
Mullah Mohammad Hasan Rahmani
The close adviser to Taliban leader Mullah Omar categorically rules out any notion that the Taliban are a part of - or even plan to be - any peace process over Afghanistan. It is all propaganda aimed to weaken the Taliban and their jihad, Hasan Rahmani tells Syed Saleem Shahzad. And the Taliban will continue their policy of attacking the supply lines of coalition forces. (Nov 24,'08)
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David P Goldman
(Dec 3, '08)
... give Beijing (or Dubai, or whomever) an inside look at how the sausages are made in corporate America, access to private data, and a permanent seat at the table ...



SPEAKING FREELY
Obama needs new start with China
If Barack Obama's administration treated China as an equal partner, the gains accruing to the US would include reduced military expenditures and better prospects for world stability. Not least, improved relations would help save America's foundering economy. - George Koo

Rouble joins Russia's
pointers to decline

Russia's foreign currency reserves are being fast eroded as the government tries in vain to brake the declining value of the rouble, weakened by tumbling commodity prices. Under conditions of increasing economic hardship all around, Russia looks to be on the road to a still more authoritarian state. - Robert M Cutler

G-20 hot on hocum
The declaration released after the recent Group of Twenty economic summit in Washington, DC, is a significant - and contradictory - document, riddled with meaningless and empty hortatory language. As leading economies still lurch from one massive bailout maneuver to the next, it offers little hope for the future. - Robert Weissman

FROM THE BLOG
Missing crisis point
The main thrust of international debate on the economic crisis has been on how to salvage the US financial system, yet numerous proposed measures fail to address a crucial issue - wherewith is future growth coming? - Francesco Sisci

 THE MOGAMBO GURU

A hitchhiker's guide to oil
US motorists who squawked about the oil price when it went stratospheric may think they're lucky now it has fallen back to Earth. With the flood of recycled petro-dollars now slowing, it won't be long before those drivers start squawking again - unless they've bought gold!!!

CREDIT BUBBLE BULLETIN
Just the facts
The US government is prepared to lend as much as half the value of everything produced in the nation last year, as the damage of bursting economic and financial bubbles spreads. Yet after a fall of 40% in the median price of a Californian home, single-family home sales there have doubled. (Dec 1,'08)
Doug Noland looks at the previous week's events each Monday.

MARKET RAP
Bear market rally
Shanghai was alone in showing a negative market movement last week, with even Mumbai showing some resilience in the face of the terrorist slaughter in the city, the country's unquestioned financial center. Yet signs of a broad and deep malaise remain. (Dec 1,'08)
R M Cutler runs his eye over the ups and downs in the week's markets.



[Re China's six-to-one advantage over the US, Dec 1] Stunning article by Spengler, the recent six-to-one scenario. Absolutely riveting, music to my ears. A natural piece of writing which flows like the classical music he has talked about, a smart vision into the future where minds will be more important than weapons.
Ghengis Veddar

[Re Al-Qaeda 'hijack' led to Mumbai attack, Dec 1] I wish to congratulate Syed Saleem Shahzad for his illuminating, well-researched and level-headed write-up about the genesis and the utter complexities involved in comprehending the Mumbai attacks. Please keep up the good work!
Anand Kapoor
   Go to Letters to the Editor

On The Edge
I walk on the streets of Beijing without a scintilla of fear that someone might try to kill me, not the communist authorities, not the Eastern Turkestan terrorists, not disgruntled ethnic minority killers, not out-of-work rural migrants and certainly not American bombs. There're problems, huge problems, in my country, but hey, I walk on the streets of Beijing feeling perfectly safe.
wooddoo
   Go to the readers' forum topic, Condolences to India



1. China’s six-to-one advantage over the US

2. Al-Qaeda 'hijack' led to Mumbai attack

3. Joke 'loans' to prevent the bust

4. Strange storm brews in South Asia

5. A fresh start or a protracted showdown? 

6. The hottest place in the world

7. Taj Mahal leads India's recovery

8. Court brings down Thai government

9. Obama team promises 'new dawn'

10. Cornered Tigers look to India

11. A bedside guide for Henry Paulson

(24 hours to 11:59pm ET, Dec 2, 2008)




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