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The Anniversary of Israel: From Independence to Intifada |
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8th May 08 - Donald Macintyre, The Independent (UK)
It was created from the ashes of the Holocaust, and grew into one of
the most confident (and controversial) nations in history. Today, as
Israel turns 60, its people's hopes for a peaceful future are as
delicately poised as ever.
You get the clearest sense of it in Tel Aviv. Swinging in on the
Ayalon highway past the 50-floor Azrieli towers, joining the
entrepreneurs in their open-necked shirts and jeans tapping at their
laptops at a café off the Rothschild Boulevard, lunching among the
families and fashionistas at the beachside Manta Ray, or wandering
through the elegantly renovated lanes of Neve Tzedek, where Jews in the
1880s first started spreading north along the coast from Jaffa, the
still-mixed neighbouring Arab port town that secular, hedonistic, Tel
Aviv grew out of, you quickly begin to see how much Israel has achieved
in the last 60 years.
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8th May 08 - Slavoj Zizek, Le Monde Diplomatique
The West is projecting not only its own spiritual fantasies upon Tibet,
but its own economic fears upon China, imagining a power struggle quite
different from that which has actually happened in Tibet. We have to
learn to look at Tibet as it is – and China too.
All the media reports impose an image which goes like this: the
People’s Republic of China, which illegally occupied Tibet in 1950,
engaged for decades in brutal and systematic destruction not only of
the Tibetan religion, but of the identity of Tibetans as a free people.
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STWR Spotlight on the Food Crisis: The Speculation Connection |
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Food Futures Behind Rising Prices
7th May 08 - Anil Netto, IPS News
With stock markets and the property sector in
the United States weakening, speculative investors are turning to fuels
and the food sector as a "safe haven", driving up prices in the
process, say some food security activists. This is the
logical sequence from the transformation of food from a basic human
need to an economic ''commodity'', they point out. This has made it a
lot easier for investors and trading houses to regard agricultural food
as a legitimate target for speculation, hoarding and market
manipulation, especially though the futures market.
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In the shadow of debt: The Sad but Sobering Story behind a Quarter-Century of Stagnation |
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7th May 08 - Walden Bello, Inquirer (Philippines)
Summary: The stagnation of the Philippine economy has now lasted
over 25 years. Between 1990 and 2005, the Philippines’ average annual
per-capita gross domestic product (GDP) growth rate was the lowest in
Southeast Asia, lower than even those of Laos, Cambodia, and Myanmar.
Explanations rooting the country’s failure to launch in overpopulation,
corruption, protectionism, and noncompetitive wages are examined in
this article and found grossly inadequate. The central bottleneck is
the gutting of the government’s capacity to invest owing to the policy
of prioritizing debt repayments and the severe loss of government’s
revenues due to trade liberalization. In contrast to the Philippines,
our neighbors promoted policies that saw state investment synergize
private investment. This accounted for their superior economic
performance, especially before the Asian financial crisis. Until the
reigning policy framework is overturned the country will not be able to
emerge out of stagnation.
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Return of the Population Timebomb |
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6th May 08 - John Feeney, The Guardian (UK)
Only since 1800, in the last 0.01% of the history of Homo sapiens,
has the human population shot into the billions. Now at nearly 6.7
billion, with 9 billion looming 40 years away, few environmentalists seem to care. Yet the population-environment link is clear. Our environmental impact,
as gauged by total resource consumption for a country or the world, is
the product of population size and the average person's consumption.
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The Gospel of Consumption |
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Speculators Blamed for Driving Up Price of Basic Foods as 100 million Face Severe Hunger |
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5th May 08 - Geoffrey Lean, The Independent on Sunday (UK)
Giant agribusinesses are enjoying soaring earnings and profits out
of the world food crisis which is driving millions of people towards
starvation, The Independent on Sunday can reveal. And speculation is helping to drive the prices of basic foodstuffs out of the reach of the hungry.
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Spreading the Benefits of Globalisation: In Preventing the Big Backlash |
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5th May 08 - Rainer Falk, World Economy & Development
So far, only a small minority of top earners has
benefited from global integration. Even conservative economists have
begun to worry about social inclusion and effective redistribution. As
many argue, it is better to prevent protectionist tendencies, which
would cut the overall benefits of globalisation, and to share the cake
more fairly.
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Tax Havens Cheating the Poor |
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2nd May 08 - David Cronin, IPS News
Tax havens in Europe are depriving poor countries of more money than they receive in development aid, it has been alleged. Some
11.5 trillion (million million) dollars is held in offshore accounts
across the world, according to Tax Justice Network, a grouping of
economists, accountants and academics. Because tax authorities are
unable to touch this money, they effectively lose 250 billion dollars
per year: the equivalent of five times what the United Nations
estimated in 2002 as needed to finance its Millennium Development Goals
of reducing poverty.
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The U.S. and China Are Over a Barrel |
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2nd May 08 - Michael T. Klare, LA Times
Among the many reasons given for the recent surge in gas prices is
China's soaring demand for petroleum. Because the Chinese are running
around the world buying up every available barrel of oil, the argument
goes, we Americans have to pay that much more to outbid them for the
leftover pools of crude. And the fact that the Chinese yuan has been
growing stronger while the American dollar is shrinking in value has
only exacerbated the problem.
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