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FOCUS ON INDIA (FOI), Issue October 2008: Volume V. No 10 |
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Friday, 17 October 2008 |
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Monthly e-newsletter from Focus on the Global South, India
Content summary:
The world is witnessing a fall of the global capitalism’s nerve center and a reverse process towards nationalization. The U.S. government mega mortgage bailout plan of $700 billion dollar and buying of shares of the leading private banks is a desperate attempt by the Bush Administration to ‘preserve the remnants of free market economy’. Everyone, even those least connected with the ‘Wall Street meltdown’, are wondering what’s really going on in the market? In this issue we are carrying two pieces on what led to the current Wall Street collapse (i) a “primer on the Wall Street Meltdown” in which Dr. Walden Bello has eloquently explained the truth behind this extraordinary event and (ii) an article by Prof. Arun Kumar of Jawaharlal University, New Delhi on “The US Financial Crisis: Collapsing Sand Castles”.
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FOCUS ON INDIA (FOI), Issue September 2008: Volume V No. 9 |
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Monday, 22 September 2008 |
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Monthly e-newsletter from Focus on the Global South, India
www.focusweb.org/india/html
Content summary:
The current meltdown in USAs financial markets is yet another example of the desperate downspin in the world’s most powerful country. Walden Bello hopes that the erosion of Washington’s power, both political and economical, will lead to a few decades of a withdrawn, self absorbed (dealing with its own domestic problems) and isolationist USA. His simple point is that Asia and the rest of the world needs a vacation from a messianic America.
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FOCUS ON INDIA (FOI), Issue August 2008: Volume V. No 8 |
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Friday, 22 August 2008 |
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Monthly e-newsletter from Focus on the Global South, India
Content summary:
The SAARC political leadership met at Colombo early this month at the groupings 15th Ministerial Summit. Continuing with a process that began several years ago, social movements, labour unions and NGOs also gathered in Colombo ( though 10 days before the official summit) under the umbrella of a Peoples SAARC and provided their a vision for a Peoples Union of South Asia. The official SAARCs 17 point declaration had little to do with the demands of civil society. We carry the civil society declaration as well as articles on the case against free trade (by Benny Kuruvilla) and on the politics of the SAARC summit (by Jatin Desai)
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