Iraqi Dinar News

Trade Iraqi Dinar

Posts tagged: More

Yen Weakens as Traders Hope for More Stimulus from Central Banks

By , April 24, 2013 3:42 am

Watermark on the Japanese yen billThe Japanese yen weakened today as prospects for additional stimulus from central banks of developed nations attracted investors to higher-yielding assets and reduced demand for safety.

The Bank of Japan is perhaps the most aggressive central bank with continuous efforts to boost the economy and weaken the yen. Prospects for additional monetary easing continue to push the currency to the downside. One of the best performers against the yen today was the New Zealand dollar. The kiwi was supported by the prediction of the New Zealand central bank that there will be no need for an interest rate cut this year.

USD/JPY rose from 99.45 to 99.62 as of 10:23 GMT today. NZD/JPY jumped from 83.40 to 84.24.

If you have any questions, comments or opinions regarding the Japanese Yen, feel free to post them using the commentary form below.

Earlier News About the Japanese Yen:

Forex News

More Progress Required on Landmines

By , April 7, 2013 7:35 pm

More Progress Required on Landmines

Iraq continues to be one of the most contaminated countries in the world with landmines and unexploded ordinance. Today, on the International Day for Mine Awareness and Assistance in Mine Action, the United Nations calls for more progress to eliminate the threat of landmines to Iraqis.

“Landmines and unexploded ordinance continue to terribly affect Iraqis, restricting their access to essential services and, in the worst case, maiming and killing them”, said Mr. Martin Kobler, the Special Representative of the United Nations Secretary-General for Iraq. “Efforts must be scaled-up to heal the wounds of past wars and remove this menace, once and for all, from the lives of Iraqis.”

It is estimated that more than 1,730 square kilometers of land in Iraq is contaminated with landmines and unexploded ordinance, affecting 1.6 million Iraqis in around 4,000 communities across the country.

Of these, nearly one million children are affected by the presence of landmines with hundreds having been maimed or killed by exploded cluster bomblets since 1991. The most recent Iraqi child victimized is a twelve year old boy who lost one eye and both his hands from a munition that exploded when he was herding sheep near Basra in March, 2013.

“It is tragic and unacceptable that children continue to have their lives forever damaged by the presence of landmines,” stated Dr. Marzio Babille, UNICEF’s Representative to Iraq. “With determined effort, all landmines and unexploded ordinance in Iraq can be eradicated; we call on all actors – the Government of Iraq, international community and private sector – to coordinate to permanently eliminate this threat from the lives of Iraqi children and their families.”

Due to a shortage of funding, the UN’s Mine Action Program will come to an end by mid-2013. As a result, the UN appeals the Government of Iraq to urgently fund humanitarian mine action activities, such as demining and mine risk education, to improve the living conditions of Iraqis affected by landmines.

The United Nations Development Program (UNDP) has been leading the UN’s Mine Action Program in Iraq, with the United Nations Children’s Fund (UNICEF) supporting mine risk education activities and the World Health Organization (WHO) providing emergency health assistance to victims of exploded ordinance.

(Source: UNAMI)

(Picture: US Army de-fuses land-mine outside Fallujah)

Iraq Business News

Turkey’s Non-Muslims Expect More Than Mere Calls of Return

By , April 1, 2013 3:32 pm

Nikolaos Uzunoglu and his family had to leave Turkey in 1974 in an environment of economic and political turmoil in which most non-Muslim communities faced injustices.

The Uzunoglu family, originally from Cappadocia, then started living in Greece. He is now making trips back to Turkey in hopes of finding homes for his fellow Greeks in the country that they had to leave in the past under bitter circumstances.

“If you’d asked me five years ago about this possibility, I’d say no. But it seems more likely now,” said Uzunoglu, a university professor in Athens.

Now 62, he has been heading an organization, the Ecumenical Federation of Constantinopolitans, which is an umbrella body for 26 local associations of Greeks who were forced to leave their homes in Istanbul.

“If the authorities are not just making gestures and if there are incentives to come back, there are Greeks who would like to move to Turkey,” he added in reference to Turkish officials’ calls on minorities who left Turkey in the past due to mistreatment to return to the country.

At the beginning of March, Deputy Prime Minister Bülent Arinç, in remarks made at a conference organized by the Institute of International and Intercultural Dialogue in the German Bundestag, recalled his government’s record of improving the lives of minorities in Turkey by expanding their rights. He also called on minorities to come back to the country.

Then recently, Culture and Tourism Minister Ömer Çelik made statements in Moscow during an official visit where he also called on Christians and Jews who had to leave Turkey to return. “We tell them all, come back to your country,” he said.

In contact with various ministries in Ankara, Uzunoglu’s organization presented in September of last year a number of suggestions to Turkish officials to ease such returns. Those suggestions include granting quick Turkish citizenship to people who would like to come back, giving them orientation classes in order to help them open up small businesses and learn Turkish, providing them with easy credit and even opening research centers in Greek schools in Turkey with the contribution of well-known Greek professors.

“We hope that we are moving toward a solution,” Uzunoglu said. “The number of people who would like to return from Greece to Turkey will probably be quite small in the beginning but the important thing is that there should be an environment of peace; no more threats in Turkey. Then more people might be willing to come later.”

Laki Vingas, the elected representative of non-Muslim foundations at the Council of the General Assembly of the Directorate General for Foundations (VGM), said the calls by Turkish officials are not coincidental but they are not enough.

“Those calls are important and they are coming from important ministers. However, just mere calls are not enough,” he said, pointing out that there are still problems concerning non-Muslim minorities currently living in Turkey and most of this is due to the slow pace of bureaucracy.

“The Syriac [Assyrian] community has problems; their villages are now Kurdish villages. The Armenians have problems. The Greeks still have unsolved inheritance problems, problems related to their schools. The past injustices inflicted on minorities in Turkey are not only restricted to ethnic Greeks,” Vingas said.

There is also the problem related to the Halki Seminary, which has been kept closed by the government since 1971. Without it, there are insufficient members of the clergy to hold religious masses.

But Vingas said that even if Halki is reopened, there are still other issues. He also pointed out the sociological factors. “Communities should not feel like they are being pitted against each other. The injustices inflicted on minorities should be carefully explained to the people of the country,” he said.

Large numbers of non-Muslims left their homelands in Anatolia starting from the upheaval of World War I and the ensuing Turkish War of Independence. In 1915 hundreds of thousands of Armenians were killed in the Ottoman Empire. The 1923 Treaty of Lausanne gave Turkish minorities special education and property rights but various laws later passed discriminated against them.

Then there were the unfortunate events of Sept. 6-7, 1955, which started after a newspaper headline said that the home of the nation’s founder, Mustafa Kemal Atatürk, in Greece had been bombed by Greek militants. Fired up by the media, mobs killed and harassed non-Muslims and non-Turkish minorities in a massive campaign.

Under a high court ruling in 1974, non-Muslim foundations lost thousands of properties. The laws on foundations have been altered several times, with new amendments following each other. In a more recent move, the government issued a decree to return properties confiscated from religious minorities since 1936, and in cases where the property belonging to such organizations had been sold by the state to third parties, the religious foundation would be paid the market value of the property by the Ministry of Finance. The process of return is ongoing.

Non-Muslims now make up just a fraction of Turkey’s population of 75 million people. The number of Turkish citizens of Jewish and Syriac origin has been estimated to be around 20,000 each, while this number is around 2,500 for Turkish citizens of Greek origin. The Turkish-Armenian community is the largest of the minority groups in Turkey with a population of approximately 60,000, mostly in Istanbul.

Hayko Bagdat, a civil society activist and a Turkish citizen from an ethnic Armenian background, said the officials deserve praise for their calls to minorities.

“Those calls are very valuable. Now they need to be supported by action. For example, the Armenians of Syria can be given Turkish citizenship; after all, they are our own diaspora,” Bagdat said.

Bagdat also mentioned the climate of unease among the Armenian community, giving the example of the murder of Sevag Balikçi, a young man of Armenian descent who was killed while serving in the Turkish Armed Forces (TSK) as a conscripted private. His death was initially believed to be an accident but was likely the result of a hate crime. Balikçi was shot dead on April 24, 2011 — the date the Armenian diaspora has chosen to commemorate the incidents of 1915.

Complaining about growing anti-Semitism in Turkey, particularly in the media, Ivo Molinas, the editor-in-chief of the Salom newspaper, a daily published by Turkey’s Jewish community, suggested a need to erase fears of discrimination.

“Jewish people of Turkey who live in Israel still speak Turkish and watch Turkish television. They still remember the smell of the Bosporus. We needed all these calls of return; this is very positive. If anti-Semitism simmers down, then returns can become a possibility,” he said.

Non-Muslims are also weary of conflicting practices, one such example being the Mor Gabriel Monastery. Last year, the Supreme Court of Appeals threw out a petition by the monastery to re-examine a decision handed down by one of its chambers, which had ruled that the monastery was occupying state land even though it has been paying taxes on that land for decades. The ruling had come following a conflict that began in 2008 between the monastery and its surrounding villages. Many international organizations, including the EU, have expressed concern over the situation.

“On one hand, there are calls of return, but on the other, the procedures tell us the opposite. Mor Gabriel is just the tip of the iceberg for the Syriac community. We have no recognition, no recognized legal rights,” said Tuma Çelik, editor-in-chief of Sabro, the first newspaper representing the Syriac community in Turkey.

In regards to recent news reports that the government is currently trying to find a solution for the Mor Gabriel Monastery, which was seized from Mardin’s Syriac community in 2005, Çelik said they are unaware of such an effort, which might be about plans to temporarily return the monastery and its land on a lease plan.

“If there is such a plan, how can it be possible that the government is planning to lease our own property to us?” he asked.

In the last 10 years, about 60 Syriac families returned to live in Turkey, Çelik said, and he is among them.

“It was not easy for us to leave our established lives. We came back to our own country where we have many problems. We are not regretful at all. We knew that we would face some problems, but not this many,” he said, adding that there are approximately 300,000 Syriacs of Turkish origin currently living in Europe.

According to sociologist Ayhan Aktar, who specializes on minority issues, Turkish officials’ calls to return are “sympathetic but empty.”

“What needs to be done is to pass a law and grant Turkish citizenship to non-Muslim minorities who had to leave Turkey for any reason. They should be granted dual citizenship to start with. And economic incentives should follow. The government is preoccupied with the process of making peace with Kurds at the moment. Maybe the government will have time for this issue as well.”

By Yonca Poyraz Dogan
http://www.todayszaman.com

Assyrian International News Agency

More Progess at Halfaya

By , March 20, 2013 1:14 am

More Progess at Halfaya

By John Lee.

The Missan Oil Company has finished drilling one of the new wells at the al Halfaya field.

Director General of the company, Ali Imurig Soadj, said that the BOHI company, contracted by Petrochina, completed the HF-107-K107 well at the al Mushrif reservoir.

Thirty-five wells have been drilled at Halfaya, including 8 old wells which have been repaired.

Production at the field is now about 122,000 barrels per day, of which about 105,000 bpd are exported from Basra.

(Source: Missan Oil Company)

Iraq Business News

Private Prisons: The More Americans They Put Behind Bars The More Money They Make

By , March 13, 2013 6:24 pm

Private Prisons: The More Americans They Put Behind Bars The More Money They Make
By: Michael – The Economic Collapse (sent by Invictus) on: 13.03.2013 [19:37 ] (27 reads)

How would you describe an industry that wants to put more Americans in prison and keep them there longer so that it can make more money? In America today, approximately 130,000 people are locked up in private prisons that are being run by for-profit companies, and that number is growing very rapidly. Overall, the U.S. has approximately 25 percent of the entire global prison population even though it only has 5 percent of the total global population. The United States has the highest incarceration rate on the entire globe by far, and no nation in the history of the world has ever locked up more of its own citizens than we have. Are we really such a cesspool of filth and decay that we need to lock up so many of our own people? Or are there some other factors at work? Could part of the problem be that we have allowed companies to lock up men and women in cages for profit? The two largest private prison companies combined to bring in close to $ 3,000,000,000 in revenue in 2010, and the largest private prison companies have spent tens of millions of dollars on lobbying and campaign contributions over the past decade. Putting Americans behind bars has become very big business, and those companies have been given a perverse incentive to push for even more Americans to be locked up. It is a system that is absolutely teeming with corruption, and it is going to get a lot worse unless someone does something about it.

One of the keys to success in the private prison business it to get politicians to vote your way. That is why the big private prison companies spend so much money on lobbying and campaign contributions. The following is an excerpt from a report put out by the Justice Policy Institute entitled “Gaming the System: How the Political Strategies of Private Prison Companies Promote Ineffective Incarceration Policies”…

For-profit private prison companies primarily use three strategies to influence policy: lobbying, direct campaign contributions, and building relationships, networks, and associations.

Over the years, these political strategies have allowed private prison companies to promote policies that lead to higher rates of incarceration and thus greater profit margins for their company. In particular, private prison companies have had either influence over or helped to draft model legislation such as “three-strikes” and “truth-in-sentencing” laws, both of which have driven up incarceration rates and ultimately created more opportunities for private prison companies to bid on contracts to increase revenues.

If you can believe it, three of the largest private prison companies have spent approximately $ 45,000,000 combined on lobbying and campaign contributions over the past decade.

Would they be spending so much money if those companies did not believe that it was getting results?

Just look at what has happened to the U.S. prison population over the past several decades. Prior to 1980, there were virtually no private prisons in the United States. But since that time, we have seen the overall prison population and the private prison population absolutely explode.

For example, between 1990 and 2009 the number of Americans in private prisons grew by about 1600 percent.

Overall, the U.S. prison population more than quadrupled between 1980 and 2007.

So something has definitely changed.

Not that it is wrong to put people in prison when they commit crimes. Of course not. And right now violent crime is rapidly rising in many of our largest cities. When people commit violent crimes they need to be removed from the streets.

But when you put those criminals into the hands of private companies that are just in it to make a buck, the potential for abuse is enormous.

For example, when auditors visited one private prison in Texas, they “got so much fecal matter on their shoes they had to wipe their feet on the grass outside.”

The prisoners were literally living in their own manure.

How would you feel if a member of your own family was locked up in such a facility?

And the truth is that there seem to be endless stories of abuse in private prisons. One private prison company reportedly charges inmates $ 5.00 a minute to make phone calls but only pays them $ 1.00 a day to work…

Last year the Corrections Corporation of America (CCA), the nation’s largest private prison company, received $ 74 million of taxpayers’ money to run immigration detention centers. Their largest facility in Lumpkin, Georgia, receives $ 200 a night for each of the 2,000 detainees it holds, and rakes in yearly profits between $ 35 million and $ 50 million.

Prisoners held in this remote facility depend on the prison’s phones to communicate with their lawyers and loved ones. Exploiting inmates’ need, CCA charges detainees here $ 5 per minute to make phone calls. Yet the prison only pays inmates who work at the facility $ 1 a day. At that rate, it would take five days to pay for just one minute.

Speaking of work, private prisons have found that exploiting their inmates as a source of slave labor can be extraordinarily profitable. Today, private prisons are stealing jobs from ordinary American workers in a whole host of industries. The following is from an article by Vicky Pelaez…

According to the Left Business Observer, the federal prison industry produces 100% of all military helmets, ammunition belts, bullet-proof vests, ID tags, shirts, pants, tents, bags, and canteens. Along with war supplies, prison workers supply 98% of the entire market for equipment assembly services; 93% of paints and paintbrushes; 92% of stove assembly; 46% of body armor; 36% of home appliances; 30% of headphones/microphones/speakers; and 21% of office furniture. Airplane parts, medical supplies, and much more: prisoners are even raising seeing-eye dogs for blind people.

And many of the largest corporations in America have rushed in to take advantage of this pool of very cheap slave labor. Just check out some of the big names that have been exploiting prison labor…

At least 37 states have legalized the contracting of prison labor by private corporations that mount their operations inside state prisons. The list of such companies contains the cream of U.S. corporate society: IBM, Boeing, Motorola, Microsoft, AT&T, Wireless, Texas Instrument, Dell, Compaq, Honeywell, Hewlett-Packard, Nortel, Lucent Technologies, 3Com, Intel, Northern Telecom, TWA, Nordstrom’s, Revlon, Macy’s, Pierre Cardin, Target Stores, and many more. All of these businesses are excited about the economic boom generation by prison labor. Just between 1980 and 1994, profits went up from $ 392 million to $ 1.31 billion. Inmates in state penitentiaries generally receive the minimum wage for their work, but not all; in Colorado, they get about $ 2 per hour, well under the minimum. And in privately-run prisons, they receive as little as 17 cents per hour for a maximum of six hours a day, the equivalent of $ 20 per month. The highest-paying private prison is CCA in Tennessee, where prisoners receive 50 cents per hour for what they call “highly skilled positions.” At those rates, it is no surprise that inmates find the pay in federal prisons to be very generous. There, they can earn $ 1.25 an hour and work eight hours a day, and sometimes overtime. They can send home $ 200-$ 300 per month.

But of course some of the biggest profits for private prisons come from detaining young people. Today, private prison companies operate more than 50 percent of all “youth correctional facilities” in the United States.

And sometimes judges have even been bribed by these companies to sentence kids to very harsh sentences and to send them to their facilities. The following is from a report about two judges in Pennsylvania that were recently convicted for taking money to send kids to private prisons…

Michael Conahan, a former jurist in Luzerne County, was sentenced on Friday to 210 months in custody by Senior U.S. District Court Judge Edwin M. Kosik II. Conahan was also ordered to pay $ 874,000 in restitution. As Main Justice reported in August, Ciavarella, former president judge of the Court of Common Pleas and former judge of the Juvenile Court for Luzerne County, was sentenced to 28 years in prison and ordered to make restitution of $ 965,930.

Conahan’s role in the “cash for kids” scheme was to order the closing of a county-run detention center, clearing the way for Ciavarella, once known as a strict “law and order” judge, to send young offenders to private facilities. This arrangement worked out well for Ciavarella and Conahan, as well as the builder of the facilities and a developer, who pleaded guilty to lesser charges.

The arrangement didn’t work out so well for the young offenders, some of them sent away for offenses that were little more than pranks and would have merited probation, or perhaps just scoldings, if the judges had tried to live up to their oaths.

Are you starting to see why private prisons are such a problem?

Hundreds of kids had their lives permanently altered by those corrupt judges.

When you allow people to make money by locking other people up in cages, you are just asking for trouble.

The more Americans they put behind bars, the more money these private prisons make. It is a system that needs to be brought to an end.

So what do you think?

Do you believe that private prisons are a good idea or a bad idea?

Please feel free to post a comment with your thoughts below…

h ttp://theeconomiccollapseblog.com/archives/private-prisons-the-more-americans-they-put-behind-bars-the-more-money-they-make

www.iraq-war.ru (en) RSS feed for articles and news

Bundesbank Predicts More Problems for the Euro

By , March 12, 2013 9:51 am

Euro sign monument with ECB on backgroundEven though the euro is logging gains against its major counterparts today, the Bundesbank sees trouble ahead for the 17-nation currency. Unconvinced that the eurozone crisis is over, Germany’s central bank is stockpiling billions in order to get through what it thinks is more difficult as the sovereign debt crisis continues.

The head of Germany’s central bank, Jens Weidmann, thinks that reforms are needed in order to get the eurozone back on track, and he also thinks that the ECB is going about things in the wrong way, and that the eurozone’s central bank is exposed to too much risk.

Calling out France, Italy, and Cyprus, Weidmann is uncertain that the eurozone really is moving toward firmer footing, and he sees trouble ahead for the 17-nation currency. Even though the euro is holding steady right now, there are some hurdles to clear.

The eurozone is still struggling with recession. On top of that, the wider global economy is not likely to be much help. The latest Chinese data was disappointing, and wrangling in the United States over the budget sequester threatens to destroy any progress made by the world’s largest economy.

At 14:38 GMT EUR/USD is up to 1.3059 from the open at 1.3047. EUR/GBP is up to 0.8779 from the open at 0.8745. EUR/JPY is down to 125.6635 from the open at 125.6705.

If you have any questions, comments or opinions regarding the Euro, feel free to post them using the commentary form below.

Forex News

With Bus Segregation Israeli Apartheid Becomes More Blatant

By , March 11, 2013 5:56 pm

Israel seems to have fewer and fewer qualms about being branded apartheid.

Israel’s continued disregard for Palestinians is yet again highlighted in its latest segregation of the region’s bus system—modern day apartheid at its finest. Especially problematic is the fact that the bus system is a public service and under law should employ nondiscriminatory practices. The Palestinian Deputy Labor Minister and the Workers’ Union have denounced the “racist measures.”

The Israeli transportation authorities have said that segregation of the bus lines was put into effect to improve overall service for Palestinians by making the transport more effective. They also claim costs will fall—Palestinians will no longer be required to pay high prices for private, unregulated taxis to bring them to and from checkpoints.

Media reports indicate, however, that Jewish settlers lodged complaints with the government concerning safety on the buses with Palestinians aboard. Settlers also claimed buses were crowded and that high tensions between Palestinians and settlers pose security risks. This reasoning is likely the real reasoning for this troublesome policy.

The plan has drawn the opposition of the Israeli Knesset’s more progressive members. Zahava Gal-On, leader of the leftist Meretz leftist political party, called for the immediate cancellation of the segregated bus lines. “Separate bus lines for Palestinians prove that occupation and democracy cannot coexist,” he said. The Israeli human rights group B’Tselem also condemned the move, calling it “revolting.”

A few citizens took drastic measures to protest the segregation policy by setting aflame two of the buses just one day after its implementation. Discontent amongst Palestinians is apparent—how much further will Israel go to isolate this continually marginalized population?

The monetary savings of having segregated bus lines may be helpful to Palestinians but overall this policy does nothing to improve or even sustain the delicate political balance between these two populations. Israel continues to implement segregationist policies, pushing political boundaries to the breaking point while at the same time having no regard for the resulting repercussions.

Renee Lott is an intern at Foreign Policy in Focus.

View the discussion thread.

blog comments powered by
FPIF Latest Content

Zionism is much worse than Apartheid and far more sophisticated than colonialism!

By , March 11, 2013 5:25 pm

Zionism is much worse than Apartheid and far more sophisticated than colonialism!
By: Bulov on: 11.03.2013 [07:15 ] (72 reads)

Zionism is much worse than Apartheid and far more sophisticated than colonialism!

Is Palestinian solidarity an occupied zone?
http://www.presstv.com/detail/2013/03/10/292858/zionism-worse-than-apartheid-colonialism/

Palestinian protesters climb Israel’s separation barrier during a weekly demonstration against the

wall in the West Bank village of Nilin on June 1, 2012.
Sun Mar 10, 2013 3:15PM
By Gilad Atzmon

It (Zionism) is much worse than Apartheid and far more sophisticated than colonialism. And why? Because what the Zionists did and are doing is neither Apartheid, nor is it colonialism. Apartheid wanted to exploit the Africans while Israel wants the Palestinians gone.”
Political analyst Gilad Atzmon
Related Interviews:
• ‘World must boycott apartheid Israel’
Once involved with Palestinian Solidarity you have to accept that Jews are special and so is their suffering; Jews are like no other people, their Holocaust is like no other genocide and anti-Semitism, is the vilest form of racism the world has ever known and so on and so forth.

But when it comes to the Palestinians, the exact opposite is the case. For some reason we are expected to believe that the Palestinians are not special at all — they are just like everyone else. Palestinians have not been subject to a unique, racist, nationalist and expansionist Jewish nationalist movement, instead, we must all agree that, just like the Indians and the Africans, the Palestinian ordeal results from run-of-the-mill 19th century colonialism – just more of the same old boring Apartheid.

So, Jews, Zionists and Israelis are exceptional, like no one else, while Palestinians are always somehow, ordinary, always part of some greater political narrative, always just like everyone else. Their suffering is never due to the particularity of Jewish nationalism, or Jewish racism, or even AIPAC dominating USA foreign policy; no, the Palestinian is always a victim of a dull, banal dynamic – general, abstract and totally lacking in particularity.

This raises some serious questions.

Can you think of any other liberation or solidarity movement that prides itself in being boring, ordinary and dull? Can you think of any other solidarity movement that downgrades its subject into just one more meaningless exhibit in a museum of materialist historical happenings? I don’t think so! Did the black South Africans see themselves as being like everyone else? Did Martin Luther King believe his brothers and sisters to be inherently undistinguishable?

I don’t think so. So how come Palestinian solidarity has managed to sink so low that their spokespersons and supporters compete against each other to see who can best eliminate the uniqueness of the Palestinian struggle into just part of a general historical trend such as colonialism or Apartheid?
The answer is simple. Palestinian Solidarity is an occupied zone and, like all such occupied zones, must dedicate itself to the fight against ‘anti Semitism’. Dutifully united against racism, but for one reason or another, the movement is almost indifferent towards the fate of millions of Palestinians living in refugee camps and their right of return to their homeland.

But all this can change. Palestinians and their supporters could begin to see their cause for what it is, unique and distinctive. Nor need this be all that difficult. After all, if Jewish nationalism is inherently exceptional as Zionists proclaim, is it not only natural that the victims of such a distinctive racist endeavor are at least, themselves, just as distinctive.

So far, Palestine solidarity has failed to liberate Palestine, but it has succeeded beyond its wildest dreams in creating a Palestine Solidarity Industry, and one largely funded by liberal Zionists. We have been very productive in schlepping activists around the world promoting ‘boycotts’ and ‘sanctions’ meanwhile Israel trade with Britain is booming and Hummus Tzabar is clearly apparent in every British grocery store.

All those attempts to reduce Palestinian ordeal into a dated, dull, generalized materialist narrative should be exposed for what they are – an attempt to appease liberal Zionists. Palestinian suffering is actually unique in history at least as unique as the Zionist project.

Yesterday I came across this from South African minister, Ronnie Kasrils. In a comment on Israeli Apartheid he said: “This is much worse than Apartheid…. Israeli measures, the brutality, make apartheid look like a picnic. We never had jets attacking our townships; we never had sieges that lasted months after months. We never had tanks destroying houses.”
Kasrils is dead right. It is much worse than Apartheid and far more sophisticated than colonialism. And why? Because what the Zionists did and are doing is neither Apartheid, nor is it colonialism. Apartheid wanted to exploit the Africans while Israel wants the Palestinians gone. Colonialism is an exchange between a mother and a settler state. Israel never had a mother State, though it may well have had a few ‘surrogate mothers’.

Now is the time to look at the unique ordeal of the Palestinian people. Similarly, now is the time to look at the Zionist crime in the light of Jewish culture and identity politics.

Can the solidarity movement meet this challenge? Probably, but like Palestine, it must first, itself, be liberated.

GA/SS

Gilad Atzmon is an Israeli-born British jazz saxophonist, novelist, political activist and writer. Atzmon’s album Exile was BBC jazz album of the year in 2003. Also, being a prolific writer, Atzmon’s essays are widely published. His novels Guide to the perplexed and My One And Only Love have been translated into 24 languages. Gilad’s latest book, The Wandering Who? is a study of Jewish Identity politics. More articles by Gilad Atzmon

www.iraq-war.ru (en) RSS feed for articles and news

Zloty Drops as Central Bank Cuts Rates More Than Expected

By , March 6, 2013 5:47 pm

Polish zloty notesThe Polish zloty dropped today as the Polish central bank cut interest rate more than was expected, reducing attractiveness of the currency. Yet not all specialists were bearish on the zloty.

The National Bank of Poland cut its benchmark interest rate by 50 basis points to 3.25 percent. The bank voiced concern about “a marked economic slowdown” in the fourth quarter of 2012 and said:

Economic activity may gradually improve in the coming quarters. However, GDP growth will probably remain moderate, which will continue to contain inflationary pressure.

That was the fifth straight interest rate cut, but the first by more than 25 basis points. Some analysts believed that the NBP has no more room for reduction of borrowing costs and expressed opinion that traders should be bullish on the zloty.

USD/PLN jumped from 3.1590 to 3.1970 as of 22:18 GMT today.

If you have any questions, comments or opinions regarding the Polish Zloty, feel free to post them using the commentary form below.

Forex News

Growing Australian Economy Makes AUD More Appealing

By , March 6, 2013 6:54 am

Reverend John Flynn on Australian 20-dollar billAustralia’s economy demonstrated stable growth last quarter and this increased the appeal of the nation’s currency. It is not a surprise that the Australian dollar rose today, considering the positive domestic data.

Australian gross domestic product expanded 0.6 percent in the fourth quarter of 2012, matching forecasts. The third quarter growth was revised upwardly from 0.5 percent to 0.7 percent. The Reserve Bank of Australia has kept interest rates stable at yesterday’s meeting and today’s positive data supports the view that the central bank will not cut the rates in the near future.

AUD/USD rose from 1.0255 to 1.0273 after touching the high of 1.0299 and AUD/JPY ticked up from 95.67 to 95.99 as of 12:02 GMT today.

If you have any questions, comments or opinions regarding the Australian Dollar, feel free to post them using the commentary form below.

Forex News