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Saturday, October 10, 2009

What Not Being Able To Buy Oil In Dollars Means, Israel and War Crimes, Hizbut Tahrir, Kazakhstan-Pipelinistan, Kabul,

So one consequence of going off the dollar is that a major benefit of the strong dollar play is taken off the table, and the US loses its ability to control the price of oil. Since at this time, contrary to what the Feds are saying, a strong dollar play isn’t in the cards (the US needs to borrow way too much money) that’s not a big deal in the short run—in the long run it is. But buying oil in dollars isn’t the only thing that underpins the dollar as the world’s reserve currency and to understand what buying oil in something other than dollars would mean we need to understand what else makes, or perhaps more accurately, made, the dollar so important. What Not Being Able To Buy Oil In Dollars Means By Ian Welsh [thanks RJ]

How Israel Bought Off UNs War Crimes Probe - By Jonathan CookGoldstone reports fate sealed by threats to Palestinian economy

After Goldstone, Hamas faces fateful choice - The uproar over the Palestinian Authority's (PA) collaboration with Israel to bury the Goldstone report, calling for trials of Israeli leaders for war crimes in Gaza, is a political earthquake. The whole political order in place since the 1993 Oslo accords were signed is crumbling. As the initial tremors begin to fade, the same old political structures may appear still to be in place, but they are hollowed out. This unprecedented crisis threatens to topple the US-backed PA leader Mahmoud Abbas, but it also leaves Hamas, the main Palestinian resistance faction, struggling with fateful choices. Ali Abunimah comments for The Electronic Intifada.

Haram al-Sharif sovereignty under threat - Tension over control of the Haram al-Sharif compound of mosques in Jerusalem's Old City has reached a pitch unseen since clashes at the site sparked the second Palestinian intifada nine years ago. Ten days of intermittently bloody clashes between Palestinians and Israeli security forces in Jerusalem culminated yesterday in warnings by Palestinian officials that Israel was "sparking a fire" in the city. Israel's Jerusalem Post newspaper similarly wondered whether a third intifada was imminent. Jonathan Cook reports from Nazareth.

INTERVIEW : Hizbut Tahrir's view on Lebanese politics - The trans-national and Pan-Islamic party Hizbut Tahrir was founded in 1953 in Palestine to re-establish the Islamic Caliphate that collapsed in 1924. Since then the party has spread all over the Muslim world and is now estimated to have hundreds of thousands of members. Osman Bakhach, deputy chairman of Hizbut Tahrir's Executive Committee, explains why the idea of Muslim unity may be unstoppable. - Mahan Abedin

Deconstructing The Israeli Narrative - By Dan Lieberman - Israel has revealed its nature; a nation built on actions normally termed war crimes by world institutions; a nation that does not follow international law; and a nation that does not heed United Nations Resolutions. Distracting and deceiving the world community with contrived and fallacious narratives permits Israel to continue its illegal maneuvers. Setting the record straight will straighten the road to Middle East peace

MIDEAST: U.S. Strategy in Doubt as Abbas Loses Popular Support - by Helena Cobban -
WASHINGTON, Oct 9 (IPS) - Just two months ago, many western commentators were jubilant that Mahmoud Abbas, the U.S.-supported head of both the Palestine Liberation Organisation (PLO) and the interim Ramallah-based Palestinian Authority (PA), was making a comeback and reducing the influence in Palestinian society of the Islamist movement Hamas.

Kazakhstan points route out of crisis - As French President Nicolas Sarkozy visited Kazakhstan for the signing of a US$3 billion energy pipeline deal that will help create jobs back home, a novel bank restructuring was also showing how the Central Asian country is seeking to emerge from the economic crisis - with some help from China. - Robert M Cutler

War of the Worlds redux: Kabul, 2009 - Sometimes it takes 66 pages to tell the story of a foreign invasion - as in the case of Afghan War commander General Stanley McChrystal's recent report to the United States Congress. Sometimes a century old novel can do the trick. H G Wells' 1898 sci-fi classic The War of the Worlds, old as it is, offers a rare example of how Afghans may see the high-tech American war machine. - Tom Engelhardt


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