Defense stocks getting an Iranian boost
http://www.cnbc.com/2015/09/11/heres-how-the-stock-market-is-reacting-to-the-iran-nuke-deal.html
Oliver Stone on the US: ‘We’re not under threat. We are the threat’
http://www.middleeasteye.net/news/oliver-stone-tells-his-untold-history-middle-east-1467591396
Jeremy Corbyn talks foreign policy with MEE
http://www.middleeasteye.net/news/exclusive-jeremy-corbyn-talks-middle-east-eye-foreign-policy-1965151732
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UK would be safer if it stopped following US foreign policy, says Jeremy Corbyn
http://www.middleeasteye.net/news/jeremy-corbyn-1991831019
Corbyn will confront a bankrupt foreign policy. That’s why he must be backed
http://www.middleeasteye.net/columns/corbyn-troublemaker-1532484034
Jeremy Corbyn would clear the deficit – but not by hitting the poor
http://www.theguardian.com/commentisfree/2015/aug/11/jeremy-corbyn-close-deficit-poor-labour-economy
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If there’s one person most often associated with the origins of of trickle-down economics, it’s President Ronald Reagan. Few people know, however, that the phrase was actually coined by American humorist Will Rogers, whomocked President Herbert Hoover’s Depression-era recovery efforts, saying that “money was all appropriated for the top in the hopes it would trickle down to the needy.” …
Now, nearly 80 years later, Rogers’ quip is getting the punchline it deserves: A devastating new report from the International Monetary Fund has declared the idea of “trickle-down” economics to be as much a joke as he’d imagined.
Increasing the income share to the bottom 20 percent of citizens by a mere one percent results in a 0.38 percentage point jump in GDP growth.
The IMF report, authored by five economists, presents a scathing rejection of the trickle-down approach, arguing that the monetary philosophy has been used as a justification for growing income inequality over the past several decades. “Income distribution matters for growth,” they write. “Specifically, if the income share of the top 20 percent increases, then GDP growth actually declined over the medium term, suggesting that the benefits do not trickle down.”
The IMF Confirms That ‘Trickle-Down’ Economics Is, Indeed, a Joke
http://www.psmag.com/business-economics/trickle-down-economics-is-indeed-a-joke
Director of Central Intelligence John Brennan stated,
“It’s a long war, unfortunately. But it’s been a war that has been in existence for millennia, at the same time—the use of violence for political purposes against noncombatants by either a state actor or a subnational group.
Terrorism has taken many forms over the years. What is more challenging now is, again, the technology that is available to terrorists, the great devastation that can be created by even a handful of folks, and also mass communication that just proliferates all of this activity and incitement and encouragement. So you have an environment now that’s very conducive to that type of propaganda and recruitment efforts, as well as the ability to get materials that are going to kill people. And so this is going to be something, I think, that we’re always going to have to be vigilant about. There is evil in the world and some people just want to kill for the sake of killing…This is something that, whether it’s from this group right now or another group, I think the ability to cause damage and violence and kill will be with us for many years to come.”
Micah Zenko summarised Brennan’s whole speech:
To summarize, the war on terrorism is working, compared to inaction or other policies. But, the American people should expect it to continue for millennia, or as long as lethal technologies and mass communication remain available to evil people.
This year marks the 70th anniversary of the end of World War II, and the division of the Korean Peninsula. Yet full peace and reconciliation is far from being achieved in Northeast Asia.
Tensions between Japan, China, and the Koreas over territorial disputes, historical issues and nuclear weapons programs, exacerbated by overall regional trends of nationalism and militarism, are triggering an arms race and creating a climate of increasing mistrust among key Northeast Asian countries. The security environment in the region has been additionally complicated by the US “rebalancing” to Asia, including its strengthening of alliance in Northeast Asia. Ongoing efforts by the current Japanese administration to revise the country’s war-renouncing constitution play a further detrimental role in this regard.
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Appeal to Members of the German Bundestag:
Stop the new arms race – disarmament for a sustainable future!
Already in 2010 Ban Ki-Moon warned us: “the world is over-armed and peace is under-funded”. For 2013 the Stockholm International Peace Research Institute (SIPRI) calculated global military expenditures of over $1.7 trillion. Hundreds of billions will be spent for the modernization of nuclear arsenals and the NATO summit in Wales decided to raise the level of its demand on member states’ military spending to 2% of their GDP. For Germany that would amount to €53 billion per year – nearly two thirds more than today. China, Russia, Brazil, India and many other states are upgrading their defence capacity as well. The global arms race enters a new round.
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“The world is over-armed and peace is under-funded.” — Ban Ki-moon
Statement on the Global Day Against Military Spending (GDAMS), 13 April 2015, part of the Global Campaign on Military Spending (GCOMS). The aim of the campaign is to raise awareness of military spending and alternatives.
Across the EU, governments spend a total of 255 Billion euro on the military. This is grossly excessive and contributes to insecurity for many people around the world.
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On this Global Day of Action on Military Spending, 13 April 2015, Pax Christi International expresses deep concern about the scandal of excessive military spending in a world where human and ecological well-being are in dire need of investment. Figures recently published by SIPRI, the Stockholm International Peace Research Institute, estimate world military expenditures in real terms for 2014 at roughly $ 1.8 trillion, a significant increase from the already shocking $ 1.75 trillion spent in 2013.
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Physicians for Social Responsibility’s (PRS) study concluds that the death toll from 10 years of the “War on Terror” since the 9/11 attacks is at least 1.3 million, and could be as high as 2 million.
It is heavily critical of the figure most widely cited by mainstream media as authoritative, namely, the Iraq Body Count (IBC) estimate of 110,000 dead. According to the PSR study, the much-disputed Lancet study that estimated 655,000 Iraq deaths up to 2006 (and over a million until today by extrapolation) was likely to be far more accurate than IBC’s figures.
total deaths from Western interventions in Iraq and Afghanistan since the 1990s – from direct killings and the longer-term impact of war-imposed deprivation – likely constitute around 4 million (2 million in Iraq from 1991-2003, plus 2 million from the “war on terror”), and could be as high as 6-8 million people when accounting for higher avoidable death estimates in Afghanistan.
Gregory D. Johnsen wrote a detailed account of the rise of Huthis in Yemen. Adam Baron argued that the power struggle is primarily local and foreign intervention will be a very bad idea.
But what is abundantly clear at the moment is that this remains, by and large, an internal Yemeni political conflict—one that, despite frequent sectarian mischaracterizations and potential regional implications, remains deeply rooted in local Yemeni issues.
And if history is a guide, foreign intervention will only stand to exacerbate the situation. Ironically, talk now centers on a potential Saudi Arabian and Egyptian military intervention in Yemen, a scenario that immediately brought to mind the memory of North Yemen’s 1960s Civil War which saw both sides intervene—albeit on different sides—in a matter which only appeared to draw the conflict out further. This is not to say that there isn’t a place for foreign powers to aid Yemeni factions in negotiating some new political settlement. But any nation that aims to make Yemen’s fight their own is more than likely to come out on the losing side.
According to SIPRI’s latest report, there is a 16% increase in the volume of arms transferred around the world. The world’s biggest arms exporters in the past five years were the US, Russia, China, Germany and France. China’s exports of major arms rose by 143% in the five years to 2014 from the previous five years. Germany’s arms exports fell by 43% and France’s dropped 27% in the same time frame.
India was the world’s largest single arms importer. Four other Asian countries, China, Pakistan, South Korea and Singapore, are also among the top 10 largest arms importers.
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British MPs voted in favour of keeping defence spending at 2% of GDP. Just 40 MPs voted and the result carries no legal force.
Rory Stewart, Conservative MP for Penrith and the Border and chairman of the defence select committee, warned MPs that Britain could not continue to rely on the military might of America and be a “freeloader”. “This 2% is needed because the threats are real. The world is genuinely getting more dangerous,” he said.
In Seumas Milnes’s piece ‘The demonisation of Russia risks paving the way for war‘, he argues that “Ukraine – along with Isis – is being used to revive the doctrines of liberal interventionism and even neoconservatism, discredited on the killing fields of Iraq and Afghanistan.” Hundreds of US troops are arriving in Ukraine and Britain is sending 75 military advisers of its own. This is a direct violation of last month’s Minsk agreement, negotiated with France and Germany – Article 10 requires the withdrawal of all foreign forces from Ukraine.
But when the latest Minsk ceasefire breaks down, as it surely will, there is a real risk that Ukraine’s proxy conflict could turn into full-scale international war.
It is reported by Guardian that the Pentagon’s internal watchdog has questioned the air force’s increased spending on drones, suggesting its $8.8 billions spending on 46 armed Reaper drones is a waste of money.
As purchases of General Atomics’s MQ-9 Reaper ballooned from 60 aircraft in 2007 to the current 401, air force officials did not justify the need for an expanding drone fleet, the Pentagon said.
During that time, costs for purchasing one of the signature counter-terrorism weapons of Barack Obama’s presidency increased by 934%, from $1.1bn to more than $11.4bn, according to a declassified September report by the Pentagon inspector general. Purchasing costs are a fraction of what the drones cost to operate and maintain over their time in service: in 2012, the Pentagon estimated the total costs for them at $76.8bn.
FROM PINK to PREVENTION is a new breast cancer campaign that exposes the barriers to achieving ‘primary prevention’ – stopping the disease before it starts. Central to our campaign is one big fundamental question we seek to put to all those individuals, organisations and institutions with the power to make or to influence decisions affecting public and occupational health in general and breast cancer incidence in particular.
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After the Cold War, the Pentagon needs to find a new way to justify its wasteful spending and the defense and security contractors need to find a new cause to make profits. Bob Hennelly tells the story:
In 1998, President Bill Clinton tasked former Senators Gary Hart, a Colorado Democrat, and the late Warren Rudman, a New Hampshire Republican, to chair the U.S. Commission on National Security/21st Century. The Commission panel was a cross-section of the military-industrial-media complex. Its members included Leslie Gelb, longtime New York Times correspondent and editor; Norman Augustine, former CEO of Lockheed-Martin; and Army General John Galvin.
The panel gave its report and recommendations in January 2001. Both Senators Rudman and Hart concluded that it was not a matter of “if” the U.S. would suffer a mass-casualty terrorist strike but “when.” Among the panel’s recommendations was the massive integration of all of the nation’s domestic security, disaster planning and recovery functions into one behemoth called the Department of Homeland Security (DHS).
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Journalist Ahmed provided a brief history of the rise of Islamic State, arguing the complicity of US and British in its creation and rise through deliberate tactical actions, ill-conceived policies and indirect/direct financial support.
“Since 2003, Anglo-American power has secretly and openly coordinated direct and indirect support for Islamist terrorist groups linked to al-Qaeda across the Middle East and North Africa. This ill-conceived patchwork geostrategy is a legacy of the persistent influence of neoconservative ideology, motivated by longstanding but often contradictory ambitions to dominate regional oil resources, defend an expansionist Israel, and in pursuit of these, re-draw the map of the Middle East.“
Tipping Point North South 