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Random News Observations, 7/9/11

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“I have enormous sympathy for the foreign policy of George H. W. Bush.” — Senator Barack Obama, May 2008 Omissions of Grandeur The New York Times reports on a U.N. report that criticizes Israel for killing several protestors who attempted to cross the border fence from Lebanon in May. The…

It’s Well Past Time to Start Taking Peak Oil Seriously

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Foreign Policy Journal — Michael Lind writes a top-9 list of “most annoying sky-is-falling clichés in American foreign policy” under the headline “So Long, Chicken Little” in the March/April issue of Foreign Policy, with his second pick being, “The world must adapt quickly to the end of fossil fuels”, including…

Newly Disclosed Documents Shed More Light on Early Taliban Offers, Pakistan Role

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U.S. government documents shed some additional light on repeated Taliban offers to hand over Osama bin Laden.…

Upcoming Iraq Election Seen as Key to Promote Investments in Oil Sector

Upcoming Iraq Election Seen as Key to Promote Investments in Oil Sector

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With a general election in Iraq scheduled for January 2010, the U.S. is encouraging the Iraqi legislature to pass the requisite election law, while international oil corporations continue to compete for contracts to exploit Iraq’s natural energy resources. After a meeting at the White House on Tuesday with Iraqi Prime…

U.S. Would Control Profits from Iraqi Oil Exports Under Agreement

U.S. Would Control Profits from Iraqi Oil Exports Under Agreement

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Notice and Correction: Inquiries sent to the FRBNY, the U.S. State Department, the Special Inspector General for Iraq Reconstruction (SIGIR, Department of Defense), the U.N. International Advisory and Monitoring Board for Iraq (IAMB), the Iraqi Ministry of Foreign Affairs, and the Ministry of Oil, were not returned before publication. The…

Connecting the Dots on Rising Oil Prices

Connecting the Dots on Rising Oil Prices

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There is continuing talk that the cause of ever-increasing oil prices is the result of a speculative investment “bubble”. As an example, a Washington Post subtitle the other day read, “Trading Loophole for Wall Street Speculators Is Driving Up Prices, Critics Say”. This seems to be increasingly becoming the given…

The Reasons for Regime Change in Iraq

The Reasons for Regime Change in Iraq

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There still remains some controversy over the real reasons the U.S. went to war in Iraq. The official reasons for the war, that Iraq had WMD and threatened to supply them to terrorist organizations, namely al-Qaeda, intent upon using them against the U.S., have long since proven to be false…