ECONOMY-US: From the Guys Who Brought You Enron…

Global Geopolitics Net Sites / IPS
Thursday, October 23, 2008

All rights reserved, IPS – Inter Press Service, 2008.

Adrianne Appel

BOSTON, Oct 23 (IPS) – The global credit agencies Moody’s, Standard and Poor’s and Fitch propelled the financial meltdown by giving high marks to failing financial companies and their risky, sub-prime investments, lawmakers said Wednesday.

”The story of the credit rating agencies is a story of colossal failure,” said Rep. Henry Waxman, chairman of the House Oversight and Government Affairs Committee.

”Millions of investors rely on them for independent, objective assessments. The rating agencies broke this bond of trust, and federal regulators ignored the warning signs and did nothing to protect the public,” Waxman said.

Credit agencies began in the early 1900s and have grown to rate a vast array of institutions, businesses, individual investments and even cities, states and nations, as to their credit worthiness. The credit rating agencies have been criticised in the past for the power they yield over nations that have entered the global bond market in search of cash. Any downgrade in ratings can wreak havoc for a nation seeking cash.
[Read more...]

INDIA: Tata Motors Move to Gujarat Less Than Secular

Global Geopolitics Net Sites / IPS
Thursday, October 23, 2008

All rights reserved, IPS – Inter Press Service, 2008.

Analysis by Praful Bidwai

NEW DELHI, Oct 23 (IPS) – Tata Motors’ decision to shift the production site of its ultra-cheap, iconic Nano car from communist-ruled West Bengal state to Gujarat — scene of the 2002 anti-Muslim pogrom — has caused consternation and dismay among liberals and secular-minded people all over India.

The decision was personally taken by Ratan Tata, the company’s chairman, and one of India’s best-known and -regarded industrialists. Tata Motors hit world headlines in June when it acquired the British luxury automobile manufacturer Jaguar Cars and Land Rover.

Six years ago, Gujarat witnessed independent India’s worst massacre of a religious minority, conducted with alleged state complicity and collusion.

Over 2,000 Muslims were burned, speared or chopped to death and many more were raped in an orgy of violence in several cities in Gujarat, organised purportedly to avenge the death of 59 Hindu activists in a fire on a railway coach at Godhra in central Gujarat at the end of February, 2002.
[Read more...]

RIGHTS-US: Next President Will Inherit Guantanamo Dilemma

Global Geopolitics Net Sites / IPS
Tuesday, October 21, 2008

All rights reserved, IPS – Inter Press Service, 2008.

William Fisher

NEW YORK, Oct 21 (IPS) – Leading human rights groups reacted with outrage Tuesday to media reports that the administration of President George W. Bush has decided not to close the iconic prison at the U.S. Naval Base at Guantanamo Bay, Cuba.

Quoting anonymous senior Bush Administration officials, The New York Times reported that the issue would in effect be ”kicked the down the road” to await action by the new president when he takes office in January 2009.

The Times reported that Bush never considered proposals drafted by the State Department and the Pentagon that outlined options for transferring the detainees elsewhere.
[Read more...]

POLITICS-US: Much Ado About ACORN

Global Geopolitics Net Sites / IPS
Friday, October 17, 2008

All rights reserved, IPS – Inter Press Service, 2008.

Ali Gharib

NEW YORK, Oct 17 (IPS) – As Election Day in the United States draws nigh, attacks from Sen. John McCain’s campaign and its Republican supporters have focused attention on the activities of a national low- and moderate-income advocacy group, accusing it of everything from engaging in widespread, systematic voter fraud to causing the U.S.-turned-global financial crisis.

The heavily coordinated attack on the Association of Community Organisers for Reform Now (ACORN) by the McCain camp has drawn criticism as both an increasingly desperate attempt to launch negative attacks on his Democratic rival, Sen. Barack Obama, and a bid to suppress voter turnout among groups that lean Democratic.

Republican attacks on ACORN have become commonplace around major elections, but this year’s offensive against the ”nation’s largest grassroots community organisation” are particularly acute. McCain’s running mate, Alaska Governor Sarah Palin, and his ardent supporter, former New York Mayor Rudy Giuliani, both mocked Obama as ”a former community organiser” at this summer’s Republican National Convention.
[Read more...]

ZIMBABWE: Time To Do The Right Thing

Global Geopolitics Net Sites / IPS
Thursday, October 16, 2008

All rights reserved, IPS – Inter Press Service, 2008.

Ephraim Nsingo

HARARE, Oct 17 (IPS) – At least 5,000 people are expected to gather in Chitungwiza today to demand improved access to water, sanitation and health services as part of the Stand Up, Take Action Against Poverty campaign.

The event in this sprawling satellite town about 30 kilometres south of Harare is under the auspices of the National Association of Non-Governmental Organisations (NANGO), which brings together all humanitarian and civil society organisations registered in Zimbabwe.

Because of the political polarisation in Zimbabwe, this year the Campaign has chosen to reach out to the population through a seemingly neutral agenda — environmental sustainability. Hundreds of schools and corporate organisations have already been recruited to take part in tree planting events.

This campaign, coordinated worldwide by the Global Coalition Against Poverty, has long been active in Zimbabwe. The results on the ground have however not been so encouraging. Poverty continues to ravage the southern African nation, once referred to as the breadbasket of Africa. Close to half of Zimbabwe’s 12 million people are in need of humanitarian assistance.

Set to feature prominently in this year’s activities is the water situation, which has deteriorated unabated in Harare and other major centres. The ever-worsening humanitarian conditions, the country’s world-record inflation of 231 million percent, and the plight of orphaned and vulnerable children will also be under the spotlight.

”Zimbabwe is no exception to the scandalous condition of poverty in an opulent world. At the event, we will stand in unity with the rest of the world sending a message to our leaders that we can no longer tolerate the injustice of poverty,” said Fambai Ngirande, who is coordinating the Stand Up and Take Action Against Poverty Campaign. He is also the advocacy and public policy manager for NANGO.

”Our main focus would be on the water situation in urban areas, where years of neglect by the authorities have resulted in millions of people failing to get safe drinking water. We are calling on the government to do the right thing by providing safe drinking water to residents, and improving the provision of all social services.”

This year’s event will feature free open-air performances by three celebrated Zimbabwean musicians — Victor Kunonga, Stanley ”Pastor G” Gwanzura and Fungisai Zvakavapano-Mashavave. The musicians are well known not only for their clean cut mass public appeal, but for lyrics that reflects an interest in social issues.

”It is remarkable that these iconic artists have chosen to volunteer their talents to spread the message of the fight against poverty” noted Ngirande, ”The plight of the poor has so often been ignored, but I am sure that the powerful voices of these three superstars will resonate throughout the country as a rallying call for all Zimbabweans to Speak Out and Take Action Against Poverty.”

Kunonga, who has performed at previous Stand Up and Speak Out events, said it was a good opportunity for musicians to contribute to the emancipation of the communities that nurture and support them.

”As musicians, we owe a lot to the people who have always been with us through difficult and good times. The event allows us to plough back to the communities, and contribute to their empowerment,” said Kunonga.

A concert alone, noted Ngirande, can however not resolve the humanitarian crisis,

”It is clear that the resolution of the complex humanitarian situation in Zimbabwe will take more than a concert, however the sheer significance of thousands of citizens mobilised under one common cause is a bright light in a very dark situation,” he said.

Ngirande said, ”There has never been a more opportune time to mobilise people to demand greater action for the achievement of the Millennium Development Goals than now. Our people are suffering.”

Faced with the reality of a population that is increasingly disempowered and distracted by the struggle for daily survival from effectively taking part in such mobilisations as the Stand Up and Take Action Against Poverty, Ngirande lamented the restrictive conditions in Zimbabwe, which are not permissive of social action.

”While it would be important to mobilise our people in their millions to peacefully and symbolically stand up to send a powerful message to leaders to do more to fight poverty, the highly politicised and volatile environment has ingrained a fear and helplessness in our people,” decried Ngirande.

Taking the campaign beyond the event, could be another hassles for NGOs, as there are still remarkable barriers in accessing certain constituencies like the rural areas. NGOs are also censored from the state media.

There are others who do not seem to get the theme of the commemorations clearly. One such is Clever Mutukwa, a war veteran who is also a senior civil servant in Chitungwiza.

”The government has always been doing the right thing, but most efforts have been in vain because of sanctions imposed on us by western countries. If you take a closer look at the trend, you will notice that the crisis is directly linked to the imposition of sanctions. Although I am not saying the government has done everything possible, they have tried under the circumstances.”

Instead of calling on the government to do the right thing, Mutukwa said it is the NGOs ”and their allies in the opposition who should do the right thing and call for the lifting of sanctions.”

HEALTH-AFRICA: Time for Joint Action on HIV/AIDS and Violence

Global Geopolitics Net Sites / IPS
Wednesday, October 15, 2008

All rights reserved, IPS – Inter Press Service, 2008.

Joyce Mulama

NAIROBI, Oct 15 (IPS) – The war against HIV/AIDS, it is emerging, will not be won unless sexual and gender-based violence is tackled.

Participants at a recent regional meeting looking at linkages between violence against women and girls and HIV/AIDS described the two as dual pandemics that needed to be addressed concurrently for the HIV/AIDS fight to be successful.

”We have continued to treat these two issues separately, yet they go hand in hand. The complexity of HIV/AIDS calls upon us to join together and seriously address sexual violence,” noted Ludfine Anyango of the United Nations Development Programme.

Held in Nairobi, the conference on Strengthening Linkages between Sexual and Reproductive Health and HIV/AIDS Services, gathered donors, civil society and government officers working in the health sector in 13 countries in East, Central and Southern Africa.

The severity of sexual violence in Africa was reiterated by Nduku Kilonzo, the director of Liverpool VCT, a Kenyan non-governmental organisation advocating for HIV prevention, treatment and care, which organised the conference.
[Read more...]

DEVELOPMENT: Crisis Both a Distraction and an Opportunity

Global Geopolitics Net Sites / IPS
Tuesday, October 14, 2008

All rights reserved, IPS – Inter Press Service, 2008.

Wolfgang Kerler

NEW YORK, Oct 14 (IPS) – Despite intense media focus on the U.S. presidential campaign and the ongoing economic turmoil, organisers of ”Stand Up and Take Action” events this weekend are confident that hundreds of thousands of citizens in this country will not forget the world’s poorest.

”Now is the right time to highlight the link between global poverty and the economic crisis within the United States,” Irfan Mufti, international campaign manager of the Global Call to Action Against Poverty (GCAP), told IPS.

Salil Shetty, director of the U.N. Millennium Campaign, said in an interview with IPS that ”in rich countries like the U.S., the demands of the people will be very much debt, and trade and development assistance issues.”
[Read more...]

POLITICS-PERU: A Helping Hand from the Left

Global Geopolitics Net Sites / IPS
Monday, October 13, 2008

All rights reserved, IPS – Inter Press Service, 2008.

Ángel Páez

LIMA, Oct 13 (IPS) – A centre-left Peruvian governor who spent years in prison on terrorism charges, Yehude Simon, has been given the task of heading the new cabinet of Peruvian President Alan García, which has been shaken to its core by a corruption scandal.

García is facing his worst crisis since taking office on Jul. 28, 2006, after the media aired recordings of conversations showing that the state-run oil company Perupetro awarded lucrative concessions to Norway’s Discover Petroleum company, through corrupt middlemen with ties to the governing APRA party.

The new prime minister, Simon, who governed the northern coastal province of Lambayeque since 2002, is a veterinarian of Palestinian and Italian descent. He was elected to Congress in 1985 for the United Left alliance, and in 1991 became a founder of the Patria Libre (Free Fatherland) organisation, which was accused of operating as the political arm of the Tupac Amaru Revolutionary Movement (MRTA) guerrilla group.
[Read more...]

ECONOMY-US: This Sucker Could Go Down

Global Geopolitics Net Sites / IPS
October 7, 2008

All rights reserved, IPS – Inter Press Service, 2008.

Analysis by Peter Costantini

SEATTLE, Washington, Oct 7 (IPS) – Crises seem to awaken the inner poet of the commentariat, and the Crash of 2008 is no exception.

In the effort to wrap the mind around a phenomenon as expansive and convoluted as this one, literal description falls short. And so the metaphor mills have been grinding at full capacity.

”It’s like living through an extended earthquake,” explained television commentator David Brancaccio, ”only we don’t know yet if it’s the big one or a foreshock of a big one to come.”

The New York Times offered ”a landslide changing the financial landscape”. Others likened the events to Hurricane Katrina or an eruption of Mount Vesuvius.
[Read more...]

TRADE-SOUTHERN AFRICA: The Deal’s Signed But Where’s The Action?

Global Geopolitics – Global News Blog – Global Analyst Online – IPS
Friday, September 12, 2008

All rights reserved, IPS – Inter Press Service, 2008.

Stanley Kwenda

HARARE, Sep 12 (IPS) – Cross-border trader Florence Tjani is sceptical about the free trade agreement (FTA) recently signed by southern African states.

‘‘The problem is that our leaders just sign these agreements and it ends there. The only countries that seem to be implementing free trade agreements are Zambia and Mozambique. They at least allow people to trade freely.

‘‘In Zimbabwe and South Africa you need a lot of papers simply to do business. Why can’t we be like ECOWAS (Economic Community of West African States) which allows citizens to do business without any hassles?” asked Tjani, who originally hails from Ghana in West Africa. She owns a clothing and personal care shop in Harare.

The Southern African Development Community (SADC) signed the FTA last month. Despite it being a long time in the making, the signatories seemed not to have put in place the necessary mechanisms to make the FTA a reality yet.

Many informal traders, most of whom are women, are not aware of the development. Tjani read about the signing of the FTA in the newspaper but is yet to experience the benefits of such an agreement, she told IPS.
[Read more...]