Archive

Posts Tagged ‘World Economy’

The road from Copenhagen | Ed Miliband | Comment is free | The Guardian

December 26, 2009 Leave a comment
Stop this scaremongering! We got enough problems of our own to worry about yours!

Stop this scaremongering! We got enough problems of our own to worry about yours!

We did not get an agreement on 50% reductions in global emissions by 2050 or on 80% reductions by developed countries. Both were vetoed by China, despite the support of a coalition of developed and the vast majority of developing countries. Indeed, this is one of the straws in the wind for the future: the old order of developed versus developing has been replaced by more interesting alliances. (via The road from Copenhagen | Ed Miliband | Comment is free | The Guardian).

Old bulldog … old tricks

President Bharrat Jagdeo. *Photo credit: thereddsite.files.wordpress.com

President Bharrat Jagdeo. *Photo credit: thereddsite.files.wordpress.com

Gordon Brown, The British Prime Minister declared, “today, together with Norway and Australia, the UK is taking a further step to a Copenhagen agreement: publishing a framework for the long-term transfer of resources to meet the mitigation and adaptation needs of developing countries.” (Paris Hilton note, who the PM of Britain is!)

More interesting was when Europe went ahead and committed funds and disbursed carbon credits. Small amounts – but nevertheless a significant step! So, what gives! How come Europe was disbursing – not serious money, but more than pocket money, without using IMF, World Bank, et al. No UN! How come?

Anglo-Euro efforts

The joint trojan operation (Norway, Australia and UK + EU) against China (or was it India?) was immaculately pursued. Bernarditas de Castro Muller, former lead coordinator and negotiator for the G77 and China in Copenhagen, writing in the Guardian of UK, reported,

The UK financed workshops in selected vulnerable countries and deployed climate envoys. One of its envoys told intransigent negotiators that the UK would mobilise a group of vulnerable countries to pressure the major developing countries – such as China, Brazil and India – into committing to emissions reductions, contrary to their obligations under the climate treaty.

The EU for example made sustained attempts to influence and pressure developing nations – something that only served to increase their cohesion. They bribed where they could, promising the same recycled financing and maybe more to come if countries bent to their demands. And they bullied when they could not bribe.

India’s neighbours, like Maldives, Bangladesh were co-opted – as were countries, led people of Indian extract like Caribbean island of Guyana, Mauritius. The strategy was to isolate China and pair India with the ‘vulnerble 14’ – like Maldives, Guyana, Bangldesh, etc. For instance, alongwith Mohammed Nasheed, Bharrat Jagdeo in Guyana, was faultlessly pursued. Long ignored and isolated, countries like Guyana suddenly found themselves in the spotlight.

Agreeably surprised, they wondered how Guyana “received a disproportionate amount of coverage and access given its size for its progressive and leading stance on climate change.” Time magazine nominated Guyanese president Bharrat Jagdeo, as one of Heroes of the Environment 2008. This year Time magazine included Mohammed Nasheed in its Heroes of the Environment 2009. It was also announced,

Stabroek News in Guyana has confirmed that President Bharrat Jagdeo has been nominated for the 2010 Nobel Peace Prize for his efforts to combat climate  change. He was nominated by Professor David Dabydeen, Director of the Centre for Caribbean Studies at the University of Warwick.

US actor Harrison Ford and Guyana's President Bharrat Jagdeo at a news conference about forest protection on September 21, 2009 in New York. Photograph: Don Emmert/AFP/Getty Images

US actor Harrison Ford and Guyana's President Bharrat Jagdeo at a news conference about forest protection on September 21, 2009 in New York. Photograph: Don Emmert/AFP/Getty Images

The Commonhealth Heads meeting a few weeks before Copenhagen was supposed to seal this ‘alliance.’ Intriguingly, the French President Sarkozy joined the Commonwealth Summit, with Danish Prime Minister Lars Loekke Rasmussen and UN Secretary General, Ban Ki Moon – and proposed a US$10 billion fund for climate change. Just imagine the French joining in a Commonwealth meet (a first, I would think).

Possibly it was the US efforts which made China and India stand together at Copenhagen.

Why the US did not ratify the Kyoto Protocol?

The political undertones of climate control talks are unravelling. The first major smoke signal was when the USA refused to ratify the Kyoto Protocol – while talking about global warming and climate change at the same time. Sometimes puzzling and wholly beyond understanding! The lip service paid by the US to climate change can be best summarized by a Hindi idom हाथी के दांत, खाने के एक, दिखाने के एक. Meaning, elephants have two sets of teeth – one for actual use and another for show.

Cynical subversion of media, honours and public opinion

Cynical subversion of media, honours and public opinion

The third element in the multilateral equations set was the efforts made by Bush /Obama to get India and China to ‘get on the climate change band wagon’ with the US. The Chinese ‘unilateral’ announcement of ‘voluntary’ carbon intensity cut after Obama’s trip to China a few days before Copenhagen was a signpost of this unusual ‘alliance’. India followed soon thereafter with its own ‘voluntary’ carbon intensity cuts. One of the justifications of Bush’s nuclear deal with India was climate change.

This US master-stroke of Obama+BASIC meeting, ensured that the “only breakthrough was the political coup for China and India in concluding the anodyne communiqué with the United States behind closed doors, with Brazil and South Africa allowed in the room and Europe left to languish in the cold outside.”

In hindsight, US covert resistance to climate change was actually resistance to the monopolisation by the EU on the climate change agenda and campaign. Under the garb of climate change, EU was trying to do what US did to the world, under the garb of poverty elimination, population control, Bretton Woods in the aftermath of WW2.

What were the BASIC countries resisting

Writing from a Western standpoint, John Lee, in the Guardian, of the UK, faults China for not allowing,

“Teams of international economists, scientists, inspectors and statisticians roaming China to gather information on carbon emissions and reduction initiatives … reporting to political masters in America and Europe … (on) the further problem of cheating in current and future carbon reduction schemes.” (ellipsis and linking text in brackets mine).

The Climate Change Agreement would have delivered us - hog tied and helpless!

The Climate Change Agreement would have delivered us - hog tied and helpless!

Ed Milliband, Britain’s Energy Minister, younger brother of British foreign secretary, David Miliband, writing for the Guardian,

“We cannot again allow negotiations … to be hijacked in this way. We will need to have major reform of the UN body overseeing the negotiations and of the way the negotiations are conducted (for this) global campaign, co-ordinated by green NGOs, backed by business … we must keep this campaign going and build on it. It needs to be more of a genuinely global mobilisation, taking in all countries …this year has proved what can be done, as well as the scale of the challenge we face. (ellipsis and emphasis mine).

Indeed much has been done.

Face behind the mask

Faceless NGOs, without accountability to anyone, were able to bring global political leadership, to the very brink of an agreement. Like Milliband’s boss, Gordon Brown remarked, “the political will to secure the ambitious agreement … comprehensive and global agreement that is then converted to an internationally legally binding treaty in no more than six months.was very much there. The same 25,000 people (25 countries x 1000 powerful people) who rule over the G8-/OECD wanted the poor to invite these 25,000 to have undue and illegitimate oversight over our ‘poor’ lives – in the name of climate change.

The message I got ... loud and clear

The message I got ... loud and clear

To deliver more than 600 crore (6 billion) of humanity to an agreement that would have allowed the likes of the Milliband Brothers (and their NGO ‘partners-in-crime’) to pry into our lives, our affairs and dictate our very existence – with our own consent. Without recourse, with no checks and balances. With large amounts of unaccounted money at their disposal. To decide how we live our lives. Under a system, that would have re-invented colonialism, in a way wholly unknown to us earlier.

Any deal was a bad deal

Last time around, India was called the deal breaker at Doha. This time around, it is China. Who gets called, what by whom, may seems unimportant! But as my grandfather reminded me many times, बद हो जाओ, लेकिन बदनाम नहीं (Beware of getting a bad reputation).

The Guardian, goes onto say, “Only China is mentioned specifically in Miliband’s article but aides tonight made it clear that he included Sudan, Venezuela, Bolivia, Nicaragua and Cuba, which also tried to resist a deal being signed.” Sadly India is not included in this list of ‘deniers’ who are, as Gordon Brown puts it, “anti-science and anti-change environmental Luddites who seek to stand in the way of progress.”

Climate control noise is just drowning out all debate

Climate control noise is just drowning out all debate

How I wish India was blamed for the failure of Copenhagen!

De-construction of climate change by 2ndlook

We can challenge India on Copenhagen goals: US – Global Warming – Environment – Home – The Times of India

December 22, 2009 Leave a comment

We know how this place got so dirty

We know how this place got so dirty

White House senior advisor David Axelrod told CNN that the Copenhagen Accord would allow US verification. “Now China and India have set goals. We are going to be able to review what they are doing. We are going to be able to challenge them if they do not meet those goals,” Axelrod said.

While this was probably intended to keep the enraged constituencies of US labour unions at bay, who had insisted that Barack Obama come back with a commitment from India and China for carbon cuts and their verification, these statements will only fuel a fire in countries like China and India. (via We can challenge India on Copenhagen goals: US – Global Warming – Environment – Home – The Times of India).

Like last time

This time around, based on similarly dubious research, India is being pressured to accept monitoring of climate change. Climate control and the Copenhagen meet is that fast growing octopus which is spreading out. It tentacles can be found in all kinds of places. One of its tentacles has reached India – which was any way the target. The Aspen Institute, India (AII).

Something doesn't add up ...
Something doesn’t add up …

To ’soften’ up India, the AII organized a gab-fest. Who could be a good candidate for a gathering of such worthies? At least, Nobel Prize winners. Rajendra Pachauri? Al Gore? Any better candidates. Yes.

Amartya Sen – who ‘graced’ this gab-fest, hosted by Aspen Institute, India (AII) – an ‘associate’ of Aspen Institute, USA. Amartya Sen is tenderizing up the media, the academia, to accept Copenhagen outcome – which is primarily International ‘monitoring’ of India’s climate control and administration. Does Amartya Sen raise any of these questions? For his efforts to weaken Indian position and interests, Amartya Sen will soon qualify as a unique category of Indian passport holder – Non-Resident, Non-Indian, holding an Indian passport.

The AII-Board of Trustees reads more like Who’s Who of Indian industry – Bajaj, Birla, Godrej, Thapar et al.

The carbon credits ‘opportunity’

The rich fat-cats are already licking the chops. Estimates have been put out that the ‘carbon-credits business s worth Rs.28,000 crores.

Interestingly, note one thing very carefully. No one, but none, is talking up about cleaning up on pollution. No industry is being asked to reduce their pollutants (think of inks, dyes and chemicals), manage by-products (sulphur from petroleum refining), eliminate contamination (paper plants), decrease waste (electronics), recycle (just imagine the number of mobile phone batteries).

Dada Amartya, you got a memory lapse! How come you  don’t talk about any of this?

Polluter cleans – not pay

One of the fundamental flaws of the Kyoto Protocol was the principal of ‘polluter pays’. Based on retributive justice logic, it was something that was bound to fail. Instead it should have been based on the Indic justice principle – ameliorative and make good. The operating principle should have been ‘polluter cleans and does not pollute again.’

Camels … in the kingdom of heaven

Copenhagen is for the rich (from poor countries), by the rich (from rich countries) to the rich (from poor and rich countries) – and may the poor and common be damned. And one thing you can be absolutely, completely, definitely, positively, wholly sure of.

The poor will never, ever, at all, in any manner, benefit from climate control.

Public debt imperils world economy

December 6, 2009 Leave a comment

Surprised at this 'perfect storm' - Don't be!

The Organisation for Economic Co-operation and Development (OECD) has warned that the world’s 30 leading industrialized economies will see their indebtedness grow to 100% of output in 2010, a near doubling from the percentage 20 years ago. (via Public debt imperils world economy – International News – livemint.com).

Till the fat lady sings

The debt spiral is not ended yet.

Like the Dubai crash shows, the world economy is not yet out of the woods. Struggling firms, in the face of a weak consumer and industrial markets, may just keel over. A domino effect may set off yet another round of closures, bankruptcies, mergers, and defaults.

More importantly, are Western Governments. With public debt (read that as Government debt) exceeding 100% of GDP for every Western Government – Ireland at more than 1000%, Britain at nearly 200%, US at more than 100%, they are the vulnerable soft-spot of the global economy.

I want more

The shopping bill for Western welfare state is not going away – except up. Welfare bills are getting more ambitious – and the domestic lobbies want more ambitious schemes. High cost economies are being protected by barriers and stockades.

Run … hide … but you can’t turn your back

The political constructs of the West have hit a wall – and there is no way but down! Since the West is busy hiding elephants in the room, the need for a different political ideology remains unaddressed.

An ideology like भारत-तंत्र Bharat-tantra.

A dollar devaluation by another name

September 25, 2009 2 comments
Devaluations can be addictive

Devaluations can be addictive

British Prime Minister Gordon Brown said on Tuesday there was substantial support among the Group of 20 nations for creating a new framework to tackle global economic imbalances … Analysts said the United States’ drive to agree a roadmap for a more balanced global economy could meet resistance from China which is unlikely to agree reforms that would threaten its growth … A document outlining the US position ahead of the September 24-25 summit said big exporters, which include China, Germany and Japan, should consume more, while debtors like the United States ought to boost savings … The euro hit a one-year high against a sliding dollar ahead of a federal reserve meeting and the G20 talks on rebalancing, a process which is likely to require a weaker dollar.

Like Quicktake has pointed out in earlier posts, the US has alternated between an overvalued currency to gain ownership over large sections of world economy – and now with a devalued dollar, it seeks to gain an upper hand in merchandise exports. The three main points that one needs to understand are: –

One – It reduces the real value of US debt. The Chinese, the Rest of BRICS and the Others need to be paid a lot less in the future. (as pointed out earlier in various posts linked here.) Two – It makes US exports artificially competitive. (as pointed out earlier in linked posts). Three – The US competitiveness will be anchored to assets purchased with over-valued dollars.

Factor US Germ

any

Japan China ASEAN India
Labour High High High Low Med. Low
Welfare Costs High High High Low Med. Low
Entrepre

neurship

Med. Med. Low Low Low High
Domestic market Large Med. Med. Med. Small Large
Raw materials

(Self-owned)

High Low Low Med Med Med

What the US is proposing is that the Chinese Yuan must become ‘stronger’ – and the dollar must become weaker. This will mean a real reduction in US debt – and a subsidy for US exports. Of course, a devaluation has never helped any regime in the long run – but in the short run it reduces imports and increases exports. But is a ‘fix’ that the patient begins to row dependant on!

Is that the US is wanting to do to itself?

Related Quicktakes

  • Toward a robust globalisation
  • Fitch cuts Russian debt rating, sparks memories of ‘98 crash- Internation…
  • Leadership in the Developing World
  • Mercantilism reconsidered by Dani Rodrik

    July 28, 2009 1 comment

    Healthcare is killing

    Healthcare is killing

    the mercantilist mindset provides policymakers with some important advantages: better feedback about the constraints and opportunities that private economic activity faces, and the ability to create a sense of national purpose around economic goals. There is much that liberals can learn from it.

    Indeed, the inability to see the advantages of close state-business relations is the blind spot of modern economic liberalism. Just look at how the search for the causes of the financial crisis has played out in the US. Current conventional wisdom places the blame squarely on the close ties that developed between policymakers and the financial industry in recent decades. For textbook liberals, the state should have kept its distance, acting purely as Platonic guardians of consumer sovereignty. (via Dani Rodrik: Mercantilism reconsidered).

    Public sector or oblivion?

    During the Great Depression, more than 19 auto companies (similar to the number of banks today) were folded into the Big 3. The Big 3 lived to fight for another 70 years. In their death throes, the US Big Auto is likely to go the way European auto sector has gone – public sector or oblivion.

    What is on the table

    Hobsons choice?

    Hobson's choice?

    2 out of the G-7 countries are bankrupt – US and Britain. Their industrial base was supported by raw materials and captive markets – acquired by genocide, and the loot of centuries.

    France, Germany, Canada, Italy  and Australia (not in G7) are tethering on the brink – under the weight of their social security system, and most of their business is in the public sector. A geriatric Japan is dependent almost entirely on exports to these declining seven. Japan’s investment in India and China has been negligible.

    Real low … real truth (seen an oxymoron like that?)

    The real question – who will pay for this financial crisis?

    Not the Americans! No siree. Definitely not. Neither the American super-rich or the American welfare-poor! Not the American tax payers or the American tax evaders? Not the American Whites or the American Blacks?

    It is the Chinese, the Russians, Indians, Brazilians, and above all, the Africans, who will pay for these bailouts! They (BRICS+Africa) have done, what bankers call non-recourse lending! The Chinese, Russians, Indians, Brazilians and the Africans, have no recourse. Who will the Chinese go to, for redeeming their US$2 trillion? The bankrupt US of A?

    Welcome to the real world.

    US economic outlook

    How the West can become competitive?

    How can the West become competitive?

    US auto is down – but not yet out. It will limp along for few more decades. The US is still the prime force in the computing industry – though not on the manufacturing side. US oil industry no longer dominates international markets the way they did in mid-20th century. The US nuclear industry faces increasing competition from a public sector French and Russian industry. The seemingly strong position of the US in agriculture is based on two aspects. Massive direct subsidies – of more than 8 billion dollars. And indirect subsidies of possibly another US$ 8 billion. Most of which goes to the 46000 farmers who account for 50% of the US agricultural production. The communication sector has again seen the erosion of US competitiveness – with the domination of GSM technology seemingly solid for another 10-15 years. The global financial markets were dominated by the US organizations in the past – but with the global financial crisis and the end to dollar dominance may see reduced clout for US firms.

    Big Government ... Big oil ...

    Big Government ... Big oil ...

    With such an economic outlook over the next 10-25 years, what the US leadership may focus on, is Arctic oil. Oil will remain a strategic asset only with high prices (slower production increase and faster demand growth) and if no other energy source appears. Oil finds in the Atlantic and Pacific republics may spoil the party – for instance, Cuban oil.

    Much like the respite of the North Sea oil to Britain, Arctic oil may provide a temporary halt to the slide in US economic dominance. If the US can lay its hands on a significant part of it!

    The other option is to nationalize the US economy. Like France, Germany and Italy. The economies of France, Germany and Italy are practically run by public sector monopolies – or subsidized behemoths, who make survival of competitors difficult by their ability to sustain losses – based on Government largesse.

    The lure of ‘capitalism’ …

    The Franco-German-Italian public sector model may be the only answer

    The Franco-German-Italian public sector model may be the only answer

    Why is the West so keen on calling these publc sector, subsidy driven regimes as Capitalism? Capitalism depended on looted capital and slave labour to prosper – resulting in the famous ‘laissez faire’ quip. Capitalists wanted and got ‘laissez faire’ capitalism – which was a ‘coda’ for unlimited slavery. The restrictions on laissez faire were actually restrictions on slaves.

    Now under socialism, they get unlimited protection from ‘destructive’ competition. Which is being papered over by names like crony capitalism, free market capitalism. etc.,  etc.

    After the multi-trillion dollar bailout, which has just begun, and with more than US$4 trillion with China, Japan, Russia and India, neither is the outcome certain nor is the outlook bright.

    Last but not the least, we must remember the power wielded by the Chartered Companies of Europe – another word for public sector.  East India Company was a public sector company!

    The Rest of the World needs to be careful of these public sector monsters!

    Foreign education takes a hit

    Out of the around 93,000 students in Australia, over 40 chose to fly back in the wake of the racially motivated attacks. International education is the third largest source of overseas earnings for Australia, generating around US$12 billion in 2008 and supporting more than 125,000 jobs in the country. (via Foreign education takes a hit).

    This one hurts …

    After all, which self-respecting, WASP (‘White, Anglo Saxon, Protestant’) Nation would like to be dependent on us dirty and crass Indians!

    Bad feeling, huh!

    Some people do think that that Indians are of no ‘use to Australia in industry or as a market’. Education happens to be the third largest revenue stream for Australia – after raw materials and tourism. And Indians, by the way, are significant consumers for Australian raw minerals and tourism also.

    Anyway, such concerned people should let their Government know about these ‘new found facts’. Because the Australian Government is trying its best to attract Indian tourists to Australia – just like they tried to attract Indian students.

    Indian Students Facing Attacks in Australia – BusinessWeek

    A senior diplomat at the High Commission told ET that in the last six months, there have been 500 cases of assault on Indian students, registered by the police authorities across Australia. There are fears that such incidents of muggings, theft, racial abuse, car jackings and even murder are on the increase because of the economic meltdown and loss of jobs.

    In fact, the Australian government’s $3.5-million campaign to attract Indian students-in an effort to combat recession-could remain a non-starter if the issue of racial attacks is not addressed. An estimated 95,000 Indian students joined Australian institutions of higher education in the first 11 months of 2008. (via Indian Students Facing Attacks in Australia – BusinessWeek).

    Do we need this?

    Indians are the most important part of work force planning for the entire West. To keep the declining Western economy (and aging populations) ticking, they need Indians – especially the English speaking countries of US of A, UK, Australia and Canada.

    This is possibly the one thing that Indians need to understand!

    Do Indians have to put up with this kind of insecurity and aggression? After all, (nearly all) Indians are legally entitled to stay in these countries – and in fact, being pursued by some of these countries. What action is the Australian Government taking to solve this problem? Nothing, as far as I can see. Some Indians have got together and a helpline was launched to protect Indian students from violence – reports the Hindustan Times.

    In the US of A …

    For the last few years, there has been a spate of killings of Indians in the US of A. The important part is these incidents is the common factors: –

    1. Most of thee victims are from Andhra Pradesh (in India) – which sends the largest numbers of techies and students from India.
    2. All the seven victims were students or young tech workers.
    3. These have happened with regularity. Every 45-75 days.
    4. None of these students had any criminal record or involvement in any criminal activity or groups.

    Seven murders in 15 months is too many to be a co-incidence.

    What’s happening?

    Foreign workers being blamed for job losses in USA? Is there some racist group behind this. Is is the Ku Klux Klan? Indian groups had requested FBI to check this out.

    Anybody out there?

    Importance of Indian immigrants to the US of A

    Repeated attacks

    Repeated attacks

    Each year, India loses more than 1,00,000 doctors, engineers, other post graduates to the US alone and another 3,00,000 to other Western countries – commonly, referred to as ‘brain drain.’

    To get a real handle on this number, project this number to the 25-65 age group in the USA. At 100,000 students and professionals every year from India, there are nearly 3.5-4.0 million highly qualified Indians between the ages of 25-65 – holding up the US industry. The IRS of the USA processed under 100.5 million individual tax returns – from a US population of 300.5 million. Thus approximately 4% of the total US working population. Put another way, Indians comprise an estimated 10%-15% of the highly qualified and (highly paid) workforce in the US.

    Who pays for this

    The Indian tax-payer supports India’s higher education (English based) system to the tune of Rs.2,50,000 crores (US$60 billion). The rest of the world picks up these Indian assets at no investment – and the poor Indian tax payer continues to subsidize English language education which benefits the entrenched Westernized Indian elite. These well-trained, qualified young people at the start of their productive lives are lost to the West (and others).

    What is the cost for the 300,000 people that India loses to the West each year? Just the direct cost to the Indian tax payer is US$ 2 billion, or Rs.10,000 crores annually.

    India needs to end this subsidy to the West

    Another attack ...

    Another attack ...

    The usefulness and transferability of utility would be highly reduced, if India were to completely use Indian languages in higher education. Indian investment in higher education would then start benefiting India – and the poor Indian tax payers.

    A recent report on ‘brain drain’ for India Government circulation did not even mention how the use of English language for higher education in India increases transferability of utility from India to richer English using academic systems – like the USA.

    Actions … and reactions

    The most ‘practical’ suggestion that the Australian leader could come up with was that Indians should try and look ‘less Indian.’

    But … the Islamic Council of Victoria (said) it’s all an ill-conceived idea. The Council’s Nazeem Hussein says he is disappointed more is not being done to stop the attacks and protect the foreign visitors.

    “I think it’s one thing to help the victims look less like victims, sorry to look less Indian, but I think it’s another thing to really attack the core issue here which is racism,” he said.

    “And we’re seeing not as much from the police that we would have probably expected.

    “It’s only a particular type of crime that is on the rise and that’s crimes against people that look Indian. So really that statistic means not very much given that this particular crime is on the increase.” (ellipsis mine; brackets mine).

    The other thing that the Australians decided to do was to send an official, “Leading Senior Constable Victor Robb will travel to India to brief prospective students about ways to avoid trouble.”

    To India to ‘counsel’ Indians students on avoiding such attacks.

    And Amitabh Bachchan decided against a honorary doctoral degree by a Australian University.

    Post script

    Three days after this post, the dam broke.

    Sadly …

    Another Indian student was attacked – and battling for life, in a Melbourne hospital, after a vicious attack with a screw driver.

    Internet forums – Discussions and comments

    Interestingly, in a discussion group, some commented that,Australia is walking on eggshells with India probably mainly due to tensions over Cricket.” Now this is interesting. This brings me back to sports as a propaganda tool in the Anglo Saxon Bloc!

    And money! Indian cricket is the only Western sport in India, where India is a global power – in terms of financial muscle and performance.Is that what is hurting the average, ‘Joe’ Australian!

    The other interesting aspects that came out of this discussion group was that similar behaviour in the past was finally controlled by ‘counter aggression’. The commentator shot back with, Remember the melbourne gangs in the 80’s and 90’s formed basically to fight the skinheads.”

    Yes … you can run and hide

    But not at the same time.

    An editorial in The Age, an Australian newspaper, further aggravated the issue. It pointed out how,

    If Australia’s governments are worried that the truth has not been told, however, it is puzzling that Australian coroners have suppressed details of the deaths of more than 50 international students, and that the death toll appears to be higher than the number admitted by the Federal Government. Earlier this year, in response to a question in Parliament, the Government stated that 51 international students had died in the 12 months to November last year. Yet as an Age investigation has established, the correct figure is higher, most likely 54. And, an application by this newspaper for release of data on the students’ deaths under the National Coroners Information System was refused after an initial assurance that it would be made available. The reason for the refusal, according to a spokeswoman for Victorian Coroner Jennifer Coate, was that the data is not exhaustive: “The nationality and occupation of someone who has died is not required to be automatically recorded.” (from The greater the secrecy, the greater the anxiety, editorial in The Age, Australia).

    This was picked by the media – and much coverage was given. The Australian Government had to come out with yet another statement and yet another halfhearted attempt to show that all was well in the Australian Copacabana.

    Getmo’

    Repeated attacks

    Repeated attacks