Tuesday, January 31, 2012

Crises of Capitalism
Must Watch Short Video
David Harvey asks if it is time to look beyond capitalism towards a new social order that would allow us to live within a system that really could be responsible, just, and humane?
  This is based on a lecture at the RSA - www.theRSA.org .

The Demonisation of Iran
How Israel is using sanctions and terror bombing to provoke Iran into war

By Patrick Cockburn

The way in which the growing confrontation with Iran is being sold by the US, Israel and West European leaders is deeply dishonest.  Continue

The US dollar is fast losing out its reserve currency status with China aggressively replacing the dollar with the Yuan as a currency for bi-lateral trade. 

"The latest is an agreement signed between the China and the United Arab Emirates (UAE), which will use the Yuan for oil trade. The deal is worth around $5.5 billion dollars and the Chinese central bank said that the deal aims at “strengthening bilateral financial cooperation, promoting trade and investments and jointly safeguarding regional financial stability”

Earlier, Russia and Iran had decided to use Rubles as a means of currency. With both China and Russia converting their bi-lateral trades into non-US dollar deals, the greenback is now under threat of losing out its status as the world reserve currency. 

And the impact of such a transition will essentially tip the balance of global power."

Fingers Itch for a War on Iran

By Vijay Prashad

If you ask Iranians, they will tell you that the war against Iran has already begun...  Continue

Any Talk of Values is a Joke
By George Galloway

HILLARY Clinton said - that the slaying of apparently unarmed, barefoot, skinny Afghan youths by armed US Marines who could hardly wait to urinate on the deceased was "inconsistent with American values". Continue

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