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Archive for May 8th, 2008

Russia’s new president
Enter, pursued by a new bear
The West should hang tough with President Dmitry Medvedev

IT HAS been a busy week in Moscow. First Dmitry Medvedev was inaugurated president. A day later his predecessor, Vladimir Putin, became his new prime minister. Then on May 9th Moscow planned to mark the annual Victory Day [...]

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Gordon Brown
The agony of Gordon Brown
Britain’s prime minister is paying sorely for his mistakes. Is he doomed?

WOULD the Labour Party really consider foisting a second unelected prime minister on Britain? Apparently so. Less than a year after Gordon Brown succeeded Tony Blair, the idea of installing a third front man has become thinkable for some [...]

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Politics this week

A cyclone devastated southern Myanmar, leaving large swathes of the Irrawaddy delta submerged under salt water. The Burmese government reported more than 22,000 deaths, but an American official suggested more than 100,000 people may have died. The ruling junta was criticised for failing to organise evacuations ahead of the cyclone, for the slowness [...]

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Clinton’s Vow to Fight On Stokes Democrats’ Concern (Update1)

May 8 (Bloomberg) — Hillary Clinton’s campaign may be broken. Now some Democrats are asking if she’ll also break the party. [...]

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Pelosi Gathers Power, Sets Party to Gain House Seats (Update1)

May 8 (Bloomberg) — House Speaker Nancy Pelosi’s party couldn’t bring [...]

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Trichet Sees `Rather Protracted’ High Inflation (Update3)

May 8 (Bloomberg) — European Central Bank President Jean- Claude Trichet said inflation will remain “high” for some time, signaling that the bank is in no [...]

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Pro-Hezbollah strike shuts Beirut

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Sheik Yerbouti: Whaddya Do With Those Petrodollars?
Whaddya do with the proceeds from $435 billion in oil revenues? Surely, this problem should be a most welcome one for other regions of the world as Middle Eastern oil exporters fret over what to do with their projected windfall for the year 2008. The Reuters article [...]

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Socialista Non Grata: Bolivians Want Autonomy
Comrades and comradettes [sic], it appears that the efforts of Evo Morales to create a Hugo Chavez-style Bolivarian revolution in Bolivia are running into opposition from wealth landowners and other bourgeois enemy of the people. To paraphrase John “Triple H” Edwards, there are two Bolivias: those in the [...]

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$$$ – The Prison-Industrial Complex Circa 2008
She was there through my incarceration; I wanna show the nation my appreciation…
It is inevitable that you will find cases of business acumen that are nonetheless deplorable. My favourite example is of Rupert Murdoch’s Fox News. Given a supposed liberal media bias in the States, the ever-enterprising [...]

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