India And The War On Terra (Mater)

An excerpt from a Counterpunch piece I wrote in 2006, warning about the effects of Manmohan Singh signing India up for the US-led global  War On Terror, which actually fronts for the Rothschild “War On Terra”.

“In India, thousands if not millions of lives will likely be affected and India’s self-sufficiency in food destroyed, all for a few more H1B visas and some outsourcing businesses. And the sordid distinction of entry into the Big Boys Club of the WTO mafia.

Strike Two: Tariffs on industry were reduced and the coveted services sector was opened up like a brothel in Kanthipura. Public health, education, telecom, banks, water, all pimped by the state. And by failing to bring up TRIPS (The Agreement on Trade Related Aspects of Intellectual Property Rights) for review and amendment, India – junior Big Boy – ensured that prices of patented drugs will continue to soar, affecting the common people in poor countries. The length of patents, the patenting of life forms, health and food security – all this might have been reviewed with ease. Not one was.

Strike Three: On the other side, the senior Big Boys got away with unctuous promises to ease out export subsidies by 2013 knowing full well that export subsidies are only a drop (2%) in the total subsidies to agriculture. Even the vaunted “Aid for Trade” is smothered in conditional loans contingent on further breaking open the markets of poorer countries. And what gains were made in market access in the developed world went largely to agri-exporters like Argentina and Brazil, not to poor countries.

And not to the lost leader of the third world.

None of this need have been. India might have stood with the Caribbean, South American, and African countries and galvanized the G 110. Cuba and Venezuela clearly drew the line on service liberalization and India might have joined them. But the current Congress administration, which took the place of the BJP with a mandate to resolve India’s growing agrarian crisis, has proved itself if anything less concerned with the country’s welfare. One could well ask if a nationalist BJP government would have had the ideological stomach to betray the heartland of India.

The Indian government’s cowardice at Hong Kong matches it’s cowardice over the Iraq war, which it could have opposed more vocally, and the vote against Iran, which it need not have joined. But the Cambridge-educated economist Manmohan Singh seems to have decided to put opportunism before principle. For our elites, perhaps it’ OK just so long long as it’s Cambridge-bred, not Varanasi-bred. (4)

The betrayal of Hong Kong is the background against which events in Bangalore must be viewed. Having reneged on its public duties, the government of India is bound to release a flood of propaganda intended as a smoke-screen and a distraction from its own craven performance.

It’s also likely to tighten its grip in the face of mass protests or resistance as the implications of Hong Kong become more and more widely known.

At Hong Kong itself, union leaders, farmers, and workers protesting peacefully were attacked with water-cannons, pepper-spray, and tear-gas. 900 were arrested and 70 were hospitalized.(5)

Want to know what to expect in the coming year? Here’s the graffiti already on the wall in Indonesia, which currently occupies the presidency of the Human Rights Commission (though it has yet to ratify key international human rights treaties) and in November, 2005 became a full-fledged compadre of the US in the War on Terra.

On September 18, 2005, in Tanah Awuk village in central Lombok, around a thousand peasants gathered peacefully to protest development policies denying local people the ability to feed themselves, on which they blamed a severe problem of child malnutrition. Indonesia has abundant fertile land and all available land is cultivated for agriculture. The real problem is that policies favor elite profits over the hunger of peasants.

At about 9 in the morning, Indonesian police forces attacked the crowd with plastic and rubber (as well as some metal) bullets, tear gas, and truncheons. 33 were injured, 27 from gunshots, and the rest from assault. At least one child and two women were shot.
National TV footage showed unarmed women being dragged violently across rough terrain and police roughing up a man bleeding copiously from the head.(5)

That’s how you play the game when you join the US Terror team. Salaam, Bangalore.”

China Defies US And Sells Gasoline To Iran

The Sino-US trade wars are heating up. On Friday, the US announced that it would impose stiff duties on Chinese-made oil country tubular goods, which are steel pipes used in the oil industry.

“According to US data, the OCTG trade case is the largest in US history against China imports valued at more than $2.6 billion in 2008 and about $1 billion last year.”

China responded on Tuesday with anti-dumping duties against the US and Russia:

“China has imposed anti-dumping and anti-subsidy duties on a U.S. specialty steel product, and also hit Russia with anti-dumping duties in the same case, its customs administration said.

U.S. producers will be assessed anti-dumping duties of up to 64.8 percent and anti-subsidy, or “countervailing,” duties of up to 44.6 percent on the grain-oriented electrical steel, it said on its website on Monday.

Grain-oriented electrical steel, also known as grain-oriented silicon steel, is used for the cores of high-efficiency transformers, electric motors and generators.

The state-backed China Chamber of Commerce of Metals, Minerals and Chemicals Importers and Exporters hailed the Ministry of Commerce’s April 10 ruling, which the Ministry has not yet publicly announced, state news agency Xinhua said.

“During the investigation the Ministry found that U.S. producers had received subsidies by the U.S. government, and their unfair competition hurt Chinese producers,” Xinhua said, quoting an unnamed person at the chamber of commerce.”

Meanwhile, China also announced its first trade deficit since May 2004

“According to the statistics from the General Administration of Customs, China’s exports were valued at US $112.11 billion in March, up by 24.3 percent year on year, while the imports were up by 66 percent to US $119.35 billion, trade deficit were US $ 7.24 billion. This is the first monthly trade deficit for China since May of 2004.”

What’s interesting is that this trade row with the US isn’t necessarily a sign of rising protectionism in China, as the media often reports. It seems to signal a move toward more trade with emerging markets in Asia and elsewhere. Thus at the recently concluded Boao Forum for Asia, (the Chinese Davos), the Chinese Vice-President called for open markets and not protectionism. Of course, this isn’t free trade, by any means, but state-driven mercantilism. It remains to be seen whether that is any better than state-driven protectionism.

Another example.

While some top oil-exporting countries have curbed their exports to Iran to avoid penalties from the US, state-owned Chinaoil has sold two cargoes of gasoline to Iran in defiance of the US, the first direct sales since January 2009.

As Russia has hardened its position and moved closer to the European and US stance, the Chinese move has become crucial for Iran. Iran continues to be the fifth largest exporter of crude in the world, but US sanctions have meant that its refineries have suffered from lack of foreign investment and it now relies on the world market for its gasoline needs.

The Ghost Ships of Singapore

“Some experts believe the ratio of container ships sitting idle could rise to 25 per cent within two years in an extraordinary downturn that shipping giant Maersk has called a ‘crisis of historic dimensions‘. Last month the company reported its first half-year loss in its 105-year history.

Martin Stopford, managing director of Clarksons, London’s biggest ship broker, says container shipping has been hit particularly hard: ‘In 2006 and 2007 trade was growing at 11 per cent. In 2008 it slowed down by 4.7 per cent. This year we think it might go down by as much as eight per cent. If it costs £7,000 a day to put the ship to sea and if you only get £6,000 a day, than you have got a decision to make.

‘Yet at the same time, the supply of container ships is growing. This year, supply could be up by around 12 per cent and demand is down by eight per cent. Twenty per cent spare is a lot of spare of anything – and it’s come out of nowhere.’

These empty ships should be carrying Christmas over to the West. All retailers will have already ordered their stock for the festive season long ago. With more than 92 per cent of all goods coming into the UK by sea, much of it should be on its way here if it is going to make it to the shelves before Christmas.

Read more: http://www.dailymail.co.uk/home/moslive/article-1212013/Revealed-The-ghost-fleet-recession.html#ixzz0RB7WbWSO

via  Lew Rockwell.