Over the past decade, Saudi Arabia's GDP more than tripled. China's increased by a factor of 6. In the same time frame, both countries reported between 3 and 5 percent unemployment annually. Or so they (and the World Bank) tell us. These two … [Read more...] about Beijing's & Jedda's International Shopping Spree Leaves the poor & disenfranchised in the dirt
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Hezbollah's Next Move
The escalating war between Assad's and the rebels' forces in Syria have dramatically increased the number of Iranian Revolutionary Guard and Hezbollah martyrs. Dismayed, the Party of God's leader, Hassan Nasrallah, expressed his sorrow last week … [Read more...] about Hezbollah's Next Move
U.S. & FATF’s Impotence Cultivates Terrorist Financing
The Financial Action Task Force (FATF) meeting on February 20-22 in Paris, that had approved the new money laundering and terror financing legislation and enforcement mechanisms of Turkey, Ghana and Venezuela, to name a few, demonstrates how … [Read more...] about U.S. & FATF’s Impotence Cultivates Terrorist Financing
U.S. & FATF’s Impotence Cultivates Terrorist Financing
The Financial Action Task Force (FATF) meeting on February 20-22 in Paris, that had approved the new money laundering and terror financing legislation and enforcement mechanisms of Turkey, Ghana and Venezuela, to name a few, demonstrates how … [Read more...] about U.S. & FATF’s Impotence Cultivates Terrorist Financing
U.S. & FATF's Impotence Cultivates Terrorist Financing
The Financial Action Task Force (FATF) meeting on February 20-22 in Paris, that had approved the new money laundering and terror financing legislation and enforcement mechanisms of Turkey, Ghana and Venezuela, to name a few, demonstrates how … [Read more...] about U.S. & FATF's Impotence Cultivates Terrorist Financing
"Redistribution of wealth is nothing but stealing."
"The socialist redistribution of wealth is nothing but stealing. The 1991 sudden collapse of the Soviet Union was a stern warning that stealing does not pay, even when committed by the government of a superpower." Introduction: Any examination of … [Read more...] about "Redistribution of wealth is nothing but stealing."
Europe: Ignoring a Disappearing Dolce Vita
Introduction: Thousands of demonstrators protesting new austerity measures have flooded the streets from Sofia (Bulgaria) to Paris, to Dublin and Berlin, Madrid and Warsaw. The predicted elections results in Italy illustrate the confusion of the … [Read more...] about Europe: Ignoring a Disappearing Dolce Vita
China’s Currency Ambition
China's Currency Ambition by Ganesh Sahathevan* "Yuan expected to be int'l currency around 2020", read the headline of thePeople's Daily On-Line, the Chinese Communist Party's English publication. "Experts believe that the yuan will be fully … [Read more...] about China’s Currency Ambition
Sequestration — The Impact on Future U.S. Defense Capabilities, The Economy and National Security
Introduction The last four years seem now as the preamble to downgrade the U.S. intelligence and defense capabilities. While leading from behind on the world stage, the Obama administration is confidently emasculating the U.S. ability to protect … [Read more...] about Sequestration — The Impact on Future U.S. Defense Capabilities, The Economy and National Security
Iran’s Upper Hand
Meeting with Iran in Kazakhstan next week, as part of the P5+1 (five permanent members of the United Nations Security Council: China, France, Russia, the United Kingdom, and Germany) shows the Obama administration’s determination to end the United … [Read more...] about Iran’s Upper Hand