Neoliberalism and Dynamics of Capitalist Development in Latin America

By Prof. James Petras and Prof. Henry Veltmeyer Global Research An analysis of the dynamics of capitalist development over the last two decades has been overshadowed by an all too prevalent “globalization” discourse. It appears that much of the Left has bought into this discourse, tacitly accepting globalization as an irresistible fact and that in many ways it is progressive, needing only for the corporate agenda to be derailed and an abandonment of neoliberalism. This is certainly the case in Latin America where the Left has focused its concern almost exclusively on the bankruptcy of “neoliberalism”, with reference to the

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Babri Masjid: Liberhan finds fault with BJP, Sangh Privar

A government-appointed commission of inquiry has found the top leadership of the Bharatiya Janata Party (BJP) and its Rashtriya Swayamsevak Sangh (RSS) allies and mentors bear responsibility for the 1992 razing of the Babri Masjid, a 14th century mosque, in Ayodhya, which BJP claimed stood at the place where Lord Ram was born long long years ago. On Dec. 6, 1992 right wing Hindu activists mobilized by the BJP, the Shiv Sena (a Maharashtra-based right wing Hindu party), the RSS and allied Hindutvaite organizations stormed the 450-year-old mosque and demolished it using pick axes and other hand implements. In the

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Obama to announce Afghanistan surge of over 30,000

By Tom Eley Washington, Nov 25: Early next week President Obama will announce a surge of more than 30,000 soldiers in the US occupation of Afghanistan. The increase sets the stage for a deepening of US military violence in Central and South Asia and for a confrontation with the US working class, which increasingly opposes the war. Citing anonymous Obama administration and military officials, media reports put the increase at between 32,000 and 35,000 soldiers, who will be deployed in waves beginning in March. It will be Obama’s second major escalation in Afghanistan. Soon after entering office he authorized an

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Obama-Jintao Speak on India-Pak ties to cast shadow on Singh’s Washington visit

New Delhi: The Obama –Hu Jintao speak on India-Pakistan ties, particularly vocal support to ‘the improvement and growth of relations’ between India and Pakistan has not gone down well with Delhi. While Indian spokesman Vishnu Prakash has curtly stated ‘A third country role cannot be envisaged nor is it necessary’ in resolving all outstanding issues with Pakistan, noted American experts like Ashley Tellis termed the Obama – Hu Jintao remarks as ‘most unhelpful and counterproductive’. There is a general agreement in diplomatic circles that the new stand of US would cast a shadow over Prime Minister Manmohan Singh’s visit to

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Gen Fonseka ‘free’ from army duty to take on Rajapaksa

Colombo: Sri Lanka’s forthcoming Presidential election has become a two-leg race with decks formally cleared for Gen Sarath Fonseka to enter the race and challenge President Mahinda Rajapaksa, who is seeking to cash in on ‘war euphoria’ for a second term. Gen Fonseka’s resignation was accepted on Friday, though he had sought to retire from December 1. The Government offered no reasons for relieving him so early. Secretary to the President Lalith Weerathunga merely said: ‘General Sarath Fonseka has been granted permission to retire with immediate effect’. Fonseka, who led the army to victory in the Wanni War against the

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China gifted 50 kgs of weapon grade uranium, bomb design to Pakistan in the ‘70s

Washington: China provided Pakistan with 50kgs of enriched uranium and a bomb design in the late seventies after India tested its first nuke, according to the disgraced Pakistan scientist A Q Khan, who is hailed at home as Father of the Pakistan bomb. This Washington Post report based on a hitherto unpublished AQ Khan notes was promptly disputed by Pakistan government. ‘The report is not correct’, Foreign Office spokesman Abdul Basit said in Islamabad. The American daily obtained Khan’s notes Simon Henderson, a former Financial Times journalist who is presently with the Washington Institute for Near East Policy. It also

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Philippines Media In A State Of Flux

By Jose Galang MANILA, Nov 6:—Manila, Nov 7: Hounded by declining circulation and rising costs, Philippine media entities are turning to the Internet for new sources of growth in revenue and readership. “We’re reaching a wider audience now that we’re on the Web and we operate on less funds,” says Marites Dañguilan Vitug, editor-in-chief of ‘Newsbreak’, which in February 2007 dropped its hard-copy fortnightly magazine format it had been putting out for the previous six years and transformed itself into a mainly online news and current affairs publication (Newsbreak.com.ph). A community newspaper, ‘Sunday Punch’, published out of Dagupan City in

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Shiekh Hasina in Bhutan

Bangladesh Prime Minister Sheikh Hasina in visiting Thimpu at the invitation of her Bhutneese counterpart JIgme Y Thinley. She is accompanied by a 48-member delegation of ministers, senior officers and business persons. The visit will mark the two countries signing a trade deal. At present bilateral trade is heavily tilted in favour of Bangladesh, which exports mostly garments and finished manufactured products and imports Bhutanese apples and oranges. During her stay in Thimphu, Hasina will have discussions with King Jigme Khesar Namgyal and delegation level talks with the Prime Minister. Bangladesh Prime Minister is also slated to visit India later

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Hillary Clinton’s Roundtable With Radio Journalists in Pakistan

US Secretary of State Hillary Clinton tried to reach out to the people of Pakistan, share their concern and put across the US concerns during her three day visit to the country. She met student groups, politicians, journalists, and women groups. Given here are excerpts from her ’round table with radio journalists’ in Islamabad, which was broadcast live on Oct 29 tooundtable with Radio Journalists Moderator: Hello. My name is Murtaza Solangi. I’m a broadcast journalist and director general of Radio Pakistan. I am joined by Secretary of State Hillary Rodham Clinton today. And I have a panel of eight

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Wrangling continues over Iranian nuclear deal

By Peter Symonds wsws.org An international agreement on the export and processing of Iran’s low-enriched uranium is yet to be finalised after sharp opposition emerged this week within the political establishment in Tehran. An initial Iranian response handed yesterday to the International Atomic Energy Agency (IAEA) reportedly contains caveats that are unlikely to be accepted by the US and its European allies. Under the arrangement, three quarters of Iran’s stockpile of 1.5 tonnes of low-enriched uranium would be shipped to Russia and France for further enrichment and manufacture into fuel rods for Iran’s research reactor in Tehran. The deal was

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Latest US GDP projection shows recession abating

US gross domestic product (GDP) grew 3.5 percent on an annualized basis in the third quarter (July through September), breaking a string of four consecutive quarters of negative growth, the Commerce Department reported. President Barack Obama hailed the report as “welcome news” and “an affirmation that the recession is abating and the steps we’ve taken have made a difference.” Wall Street rallied on the report. The Dow gained 200 points, reversing a week of losses and nearing the 10,000 mark once again. The reported increase in the growth rate topped most forecasts. Economists surveyed by Dow Jones Newswires had forecast

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