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Latin America: Roads to 21st Century Capitalist Development
19 Oct 2010; posted by the editor - Features, Central America


by James Petras
Over the better part of the present decade, Latin American stock markets have boomed. Overseas investors have reaped and repatriated billions in dividends, profits and interest payments. Multi-national corporations have piled into mining, agro-business and related sectors, unimpeded and with virtually no demands by local regions for ‘technological transfers’ and environmental constraints. Latin American regimes, have accumulated unprecedented foreign currency reserves to ensure that foreign investors have unlimited access to hard currencies to remit profits. The decade has witnessed unprecedented political and social demobilization of radical social movements. Regimes have provided political and social protection for foreign and national investors as well as long term guarantees of private property rights.

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Tags: capitalism
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US nuclear threat against Iran is criminal
12 Oct 2010; posted by the editor - United States, Iran


The U.S. today is threatening to attack Iran “under the completely bogus pretext” that it might have a nuclear weapon, a distinguished American international legal authority says.

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Tags: Iran, United States, nuclear weapons
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The Ecuadorian Coup: Its Larger Meaning
10 Oct 2010; posted by the editor - Features


By James Petras
The abortive military-police coup in Ecuador, which took place on September 30, has raised numerous questions about the role of the US and its allies among the traditional oligarchy and the leftist social movements, Indian organizations and their political parties.

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Tags: Ecuador, military coup
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Bethany Home Survivors Group angry with Government statement
08 Oct 2010; posted by the editor - Ireland


In reply to Joe Costello (Lab) and to Paul Kehoe (FG) and Fergus O'Dowd (FG), Deputy Sean Haughey Minister of State, Department of Education and Science, said The Department of Justice and Law Reform has advised that it has not received any allegations of abuse from any female committed to Bethany Home pursuant to the Children Act 1908 and that it would be happy to deal with any such cases on an individual basis.

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Tags: Bethany Homes
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