US May Crumble BRIC by BRIC--Times of India/New WMW

[Gloria]

Full excerpts, links up now at http://www.zianet.com/insightanalytical
Tomorrow at Buzzflash.com


WORLD MEDIA WATCH FOR OCTOBER 25, 2004

1//The Scotsman, UK--ALL EYES ON EXIT AS SCOTS TROOPS ENTER DANGER ZONE (One day they are in the news because they are about to be abolished as a regiment. The next they are on their way to one of the most dangerous places on earth, the so-called Triangle of Death in Iraq. It is hardly surprising that reaction from families of the Black Watch ranged from bewilderment to outrage last week as the government announced that the regiment was to be redeployed outside the relatively quiet British sector of Basra, into a highly volatile American sector close to Baghdad…Paul Rogers, professor of peace studies at Bradford University, said: "The next six months are likely to be decisive in demonstrating either the US’s ability to control the insurgency or its entrapment in a situation that is becoming more untenable."He believes that the US is "wrongly fixated" on the idea that the insurgency can be snuffed out by taking out centres of resistance like Falluja. "The US is completely misreading a developing insurgency that is much more deep-seated than it thinks, may not actually have important ‘centres’, and may simply not be controllable by the application of superior military force," he said.)


2//The Daily Star, Lebanon--IRAQI PIPELINES HIT AGAIN AS OIL LOSSES GROW("It's very clear that oil isn't going to make Iraq rich," said Keith Crane, an economist with the Rand Corp. and former adviser to the U.S.-led occupation in Baghdad. Even if Iraq succeeds in tripling output by 2010, as is hoped, Iraq's oil bounty will, by itself, provide a per capita income of around $1,500 per year, making Iraqis in 2010 poorer than the average Brazilian is today, Crane said.)



3//Arab News, Saudi Arabia--ARAB-EUROPEANS FIGHTING ON SIDE OF TERRORISTS, SAYS DAWOOD (Large numbers of Arabs with European passports have entered Iraq and are fighting on the side of the terrorists in the so-called “Death Triangle”, Iraq’s Minister of State for Security Qassem Dawood said yesterday. The Iraqi official said terrorists from many countries were converging on Iraq to multiply attacks ahead of the US presidential election next week. Some have been captured and would be put on trial in Baghdad.)



4//The Independent, UK--PM CLAIMS PARTY WILL BE MORE ‘BLAIRITE’ AFTER NEXT ELECTION (Tony Blair believes that the Labour Party will emerge from the next election more "Blairite" than before, despite the growing number of MPs who are critics of the Iraq war… But Tony Blair has told friends that two-thirds of the new Labour MPs elected at the next general election will be Blairite. He has privately admitted that he has only 50-50 support among longer-serving Labour MPs, who entered the Commons in the 1980s, but he has claimed a "significant majority" of the newer MPs, first elected in 1997 or later, are "with us". An analysis by The Independent on Sunday has shown that while Mr Blair is right as far as domestic policy goes, the same is not true in relation to Iraq.)



5//The Times of India, India--US MAY CRUMBLE BRIC BY BRIC (China and India may emerge as the world's No 1 and No 2 car markets. Within 20 years, China could have overtaken the US as the world's largest auto market, with India displacing the US perhaps as soon as 15 years later. In a decade, the middle class in BRICs (the largest emerging economies of Brazil, Russia, India and China) would have outnumbered the population of the US, Western Europe and Japan combined…These are the latest startling projections from Goldman Sachs, which supplied much food for thought worldwide with its first report on BRICs last year projecting China and India to become the World's No 1 and No 3 economies with the US in the No 2 place in a little over 30 years. Goldman Sachs' new report, "The BRICs and Global Markets: Crude, Cars and Capital", shows what that growth story could mean for the commodities, consumer goods and financial markets.)

[DulceDecorum]

1. What is the difference?

"One day they are in the news because they are about to be abolished as a regiment."

"The next they are on their way to one of the most dangerous places on earth, the so-called Triangle of Death in Iraq."

Sounds to me like they are all done for and not long for this world.

[aquart]

2. While Reagan and Bush played John Wayne

Our industries were shipped overseas and smarter nations moved aggressively to develop their own industries and TRADE.

We tried to conquer but they will win.