Until July 31, the latest official statistics reported that the United States last year suffered only one quarter of negative GDP growth. But on that day, revised figures — based on more comprehensive data — revealed that the
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Although the World Trade Organisation (WTO) was formed in 1995, its predecessor — the General Agreement on Tariffs and Trade — came into existence in 1948. GATT was part of a three-pronged mechanism created by the United States
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As US corporate crime scandals spread by the day, even US President George Bush and vice-president Dick Cheney have been implicated in the shady practices that have triggered panic on stockmarkets around the world. The US Securities
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Even before news of the latest corporate scams exploded in late June, the London-based Economist on May 18 published a 20-page defence of capitalism. The article began with the claim that "the capitalist system has proved surprisingly
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Pakistan is moving into a new period of political turmoil following the June 26 and July 2 killings of 13 Pakistani soldiers in firefights with al Qaeda forces. According to the June 27 Washington Post, the June 26
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In the latest attack on a growing struggle by peasants for land rights in Punjab, police raided seven villages in the Khanewal district on June 8. Eight people were arrested. Many more would have been detained had it not been for the
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Officially, the recent string of visits by top US officials to India and Pakistan were to defuse the military stand-off between the two nuclear-armed countries. However, George Bush's regime is seizing on the confrontation to
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The rulers of India and Pakistan — both nuclear-armed allies of Washington in the US-led "war on terrorism" — are terrorising each other with the threat of nuclear war. The Pentagon estimates that a full-scale nuclear exchange
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Anticipating he would not be able to get parliamentary approval for a six-month extension of the state of emergency in place since November 2001, on May 22 Nepalese Prime Minister Sher Bahadur Deuba dissolved the parliament and called
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In Gujarat state, where since February Hindu fundamentalist violence has killed more than 2000 people, mostly Muslims, and terrorised many thousands more, the local government plans to force 100,000 Muslim refugees out of relief camps.
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The March massacre of more than 2000 Muslims in Gujarat was not a spontaneous outburst of religious anger, but a cold-blooded, anti-Muslim pogrom masterminded by India's ruling Bharatiya Janata Party (BJP), Dipankar Bhattacharya,
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Hard on the heels of the US House of Representatives' May 2 approval of a bill containing a mammoth US$249 billion, six-year package of farm subsidies, the US Senate endorsed the legislation on May 8. US President George Bush has given