Global News Journal
Beyond the World news headlines
from Front Row Washington:
Is Chavez helping Iran build the bomb?
Veteran Manhattan DA Robert Morgenthau is on Hugo Chavez's case.
Morgenthau warned last week at Washington's Brookings Institution that Iran is using Venezuela's financial system to avoid international sanctions so it can acquire materials to develop nuclear weapons and missiles. He urged more scrutiny of the "emerging axis of Iran and Venezuela" in an op/ed article in the Wall Street Journal, in which he said a number of mysterious Iranian factories had sprung up in remote parts of Venezuela.
Chavez's man in Washington, Venezuelan Ambassador Bernardo Alvarez, called the allegations "outrageous ... unfounded and irresponsible" in a letter to the district attorney seen by Reuters.
from The Great Debate UK:
Squandered oil wealth, an African tragedy
-Arvind Ganesan is the Director of the Business and Human Rights Program at Human Rights Watch. The opinions expressed are his own.-
Equatorial Guinea is a tiny country of about half a million people on the west coast of Africa, but is the fourth-largest oil producer in sub-Saharan Africa.
Most of the investment in the country’s multi-billion dollar oil industry comes from the United States. ExxonMobil, Hess and Marathon are all there. Right now, the U.S. imports up to 100,000 barrels of oil a day from Equatorial Guinea, or about a quarter of the country’s oil production.
Oil money gives the country the means to be a model for development and human rights. The economy is nearly 130 times as big as it was when oil was discovered in 1995. But as a report released by Human Rights Watch today details, the government has squandered or stolen much of the money at the expense of its people.
from Africa News blog:
Will Niger Delta amnesty work?
Nigerian President Umaru Yar’Adua has laid out the details of a 60-day amnesty programme for militants and criminals in the Niger Delta. Under the deal, all gunmen who lay down their weapons during a 60-day period ending in October will be immune from prosecution. The offer extends to those currently being prosecuted for militant-related activities, meaning Henry Okah – the suspected leader of the Movement for the Emancipation of the Niger Delta (MEND) – could also walk free if he agrees to renounce the notion of armed struggle.
Several factional leaders – including Ateke Tom, Farah Dagogo, Soboma George and Boyloaf – have said they accept the idea of amnesty in principle but want talks with President Yar’Adua to hammer out the details.
Advocates say such an amnesty would meet one of the key demands of militant groups and is the only way to bring an end to instability which costs Nigeria billions of dollars in lost oil revenues each year, prevents the development of the very communities the militants claim to represent and causes world energy prices to rise further, which ultimately falls back on the Nigerian consumer.
Critics say amnesty simply provides a get-out-of-jail free card to those responsible for kidnappings, acts of sabotage and banditry and that the promises to re-educate and reintegrate them into civilian society would require years of investment. The government has said it will not offer a “buy back” programme – money for surrendered weapons – but does the scheme reward those who have taken up the armed struggle while leaving peaceful protesters with nothing?
Oil’s run-up outpaces most price targets… more upside?
The recent run-up in oil prices could have further to go as most analysts are likely to begin raising their year-end oil price targets, according to market research firm Birinyi Associates in Stamford, Connecticut. “Given several considerably lower expectations, we think it is reasonable to expect upgrades,” they said in a research commentary, noting that crude oil prices were already above most firms’ year-end targets. U.S. front-month crude hit an intraday high of $73.23 on Thursday, the highest intraday level since prices hit $75.69 on Oct. 21. A year-end oil price target of note recently came from Goldman Sachs, which raised its end-of-2009 oil price forecast on June 4 to $85 a barrel from $65. Oil’s climb partly reflects weakness of the U.S. dollar and expectations that demand may be picking up as the global recession abates.— Graphic courtesy of Birinyi Associates, Inc.
It’s here again. The price of oil will be driven up by speculators. They couldn’t care less about the destruction ehich it brings upon the real economy. BTW, the biggest owner of crude oil supplies in the US is not Exxon, as one would expect, but Goldman Sachs! It is time for the government to declare oil a strategic commodity and restrict purchases of oil only to its actual users.
Cattle Rustling, Pythons and Boogie Angola Style …. the best reads of May
Climate health costs: bug-borne ills, killer heat Tree-munching beetles, malaria-carrying mosquitoes and deer ticks that spread Lyme disease are three living signs that climate change is likely to exact a heavy toll on human health. These pests and others are expanding their ranges in a warming world, which means people who never had to worry about them will have to start.
Spain rearranges furniture as economy sinks
Moving a 17-metre high monument to Christopher Columbus 100 metres down the road is how the Spanish government is interpreting the advice of John Maynard Keynes. The economist once argued it would be preferable to pay workers to dig holes and fill them in again, rather than allowing them to stand idle and deprive the economy of the multiplier effect of their wages.
Red tape tripping up Iraq
Many developing countries are mired in dated bureaucratic practice and tangled in red tape, but of all of them, Iraq can perhaps least afford to see its crucial post-war development suffocated under mounds of paperwork. What hangs in the balance is nothing less than whether oil-rich Iraq can emerge from years of war as a prosperous, democratic and secure state — or whether it sinks back into the bloodshed that almost tore it apart. A love of official stamps, seals and documents in triplicate is by no means only an Iraqi phenomenon. Receiving shipments at Cairo airport, for example, involves one queue to buy a ticket, another to receive it and a third to get it laminated.
But if Iraq is to rebuild its crumbling infrastructure, develop its oil fields and find jobs for legions of restless unemployed — who have easy access to guns — it must make doing business and governing as smooth as possible. Would-be foreign investors are likely to steer clear if Iraqis themselves find the country’s bureaucracy a nightmare. Born in Iraq, I was technically eligible to vote in recent provincial elections, but a trip to a government office to apply for a required residency card was a shocking reminder of the mountain of bureaucracy Iraqis must climb. Hundreds of people shuffled from room to room down long, dim corridors with unmarked doors, clutching sheaves of faded paperwork. A crowd would clamour at a door whenever an official turned up, but otherwise many sat on the floor despondent. Some looked like they had been there for days.
In one office, two officials let people in one at a time. Noise and paper-waving from the crowd outside erupted each time the door opened. “Fake. Fake. This one’s okay, take that to the district office and apply there,” said one official, lazily flicking forged identification cards back at a woman before advising her to go and queue at yet another government building. Far from instilling order, the bureaucracy has fostered an industry in forged documents and fixers versed in byzantine official process, who can apply on your behalf for a hefty fee. Some of that money probably goes to officials. Iraq came second to last out of 180 countries in corruption watchdog Transparency International’s 2008 Corruption Perceptions Index. Meanwhile, roads remain unpaved, sewage disposal is abysmal and millions have no access to decent housing and healthcare, partly because bureaucracy has made it hard to execute Iraq’s budget. For journalists, the insistence on long-winded procedure is maddening. Recent Reuters requests to meet senior Iraqi officials were rejected because the envelope had not been stamped correctly, or because it did not have a randomly generated reference number. Many officials insist on lengthy honorifics and encourage obsequious preambles to questions, which eats away at press conference time and takes up newspaper space. The leads of many Gulf newspaper articles, for example, consist of little but long-winded honorifics. “Noble Leader, Master of the Seven Sand Dunes, who Blesses us with his Beneficience, Sheikh xxxx of xxxx bin xxxx abdul xxx met …” That’s only a mild exaggeration. Democracy has been touted as a way for Iraqis to reconcile after years of war, and last month they voted in local polls. Incumbents fared badly, and the result was seen as a vote against years of perceived corruption and incompetence. The pressure is now on Iraq’s new crop of officials to cut the red tape and show democracy works.
I feel your pain
Democracy was presented to Iraqis 6yrs ago after a short and crisp allied invasion. They are taking forever to get a grasp of it.
Now be very clear, democracies bring in collateral damage. That too perennial at that. I can cite an example here of Blagovich, the Governor of Illinois, who was dismissed on charges of corruption. There are many more examples from all over the world, India, Japan and so forth. But believe me its worth having a democracy compared to any other form of government. You will have the luxury of keeping them or throwing them down the river every 4-5 yrs People can throw shoes at leaders and still argue their case in courts (without being beheaded). .
You would not be writing this complaint in previous administration’s Iraq. It will mature after some time; media freedom, demanding public with serious law enforcement and comitted judiciary are some requirement to hasten the process.
from Africa News blog:
Managing anger in the Niger delta
Much of the news that comes out of the Niger Delta, the vast network of creeks home to Africa's biggest oil and gas industry, is generated either by militant leaders claiming spectacular attacks on oil industry installations or by the military, keen to publicise its victories flushing out crude oil thieves from camps nestled deep in the mangroves.
Rarely heard are the voices of the "boys" who have taken up arms and make up the rank and file of the militant gangs. Oil theft on an industrial scale or kidnappings for ransom make some of their bosses rich. Peace negotiations see others rewarded with the veneer of political legitimacy and a comfortable new government-funded lifestyle. But the grunts tend to share little of the spoils.
Sounds strange, but i have a feeling this might work. Part of the problems with youth restivness is that part of the world is
No enlightnment
Litte or no eduation
Insufficient human capacity
Little exposure to civility or rule of Law
Endemic corruption in the state.
While youths major Nigerian cities like Lagos have shown tremendouse character in music and arts and football, youths in Niger Delta are less equipped and developed to take up job opportunities in oil companies or become less dependent on oil wealth.
Exposing this guys to the civilised world with the right training will help them become better people and perhaps reformers in the Niger Delta.
I love the Delta area.
Sopy from the Atlantis
What should the world do about Somalia?
Islamist militants imposing a strict form of Islamic law are knocking on the doors of Somalia’s capital, the country’s president fears his government could collapse — and now pirates have seized a super-tanker laden with crude oil heading to the United States from Saudi Arabia.
Chaos, conflict and humanitarian crises in Somalia are hardly new. It’s a poor, dry nation where a million people live as refugees and 10,000 civilians have been killed in the Islamist-led insurgency of the last two years. A fledgling peace process looks fragile. Any hopes an international peacekeeping force will soon come to the rescue of a country that has become the epitome of anarchic violence are optimistic, at best.
Unfortunately, this situation has escalated while other issues have absorbed our strategic attention. Today, we should begin viewing this area as a strategic “front”…the grey area between commercial interests and national interests. Note the number of nation states with deployed naval forces in the region. This is unprecedented in the modern age. Many “actors” have a stake in this…and there is no nation state or commercial company with a credible position of leadership…
Does Algeria now have a president for life?
After the Algerian parliament changed the constitution to lift presidential term limits, north Africans are asking whether Algeria now has a president for life.
In making the change, Algeria has followed a route taken in recent years by other African countries such as Cameroon, Chad and Uganda, all of which removed the limit of two presidential terms.
A lifetime president should mean that the country contains a dictatorial government forever.
Nigeria: Will someone turn on the lights?
Returning to Nigeria for the first time in five years, nothing is more striking than the mobile phones ringing wherever you go.
The phone signal barely drops on a drive some five hours out of Abuja, through countryside where the only people visible are hoeing the red earth and balancing unwieldy stems of sugar cane on bicycles. A growing number of village households now have phones.
Supplying the country with an adequate electricity supply is hardly rocket science. This issue as well as being a great hindrance is also major shame on Nigeria. I have lived in Ghana which is just a few hours drive from Lagos and there light is very regular even in the remotest provinces. Ghanaians complained bitterly at the very orderly system of load sharing during the energy crises of 2007. Such a system in Nigeria would be seen as the dawn of a bright new era in competence. Alas, even that seems very far off.













Unfortunately, this “curse of oil” now threatens to affect countries rich in other resources as well: uranium in Niger and Namibia, for example. It’s going to be quite a challenge for African oil-producers and other energy suppliers to hold governments accountable. Some are saying now that the constitutional crisis in Niger and President Tandja’s desire to extend his mandate are directly related to elites wanting control over uranium supplies. I hope systems for sharing wealth equitably are created, otherwise we may see more resource conflict, more corruption, and more political tension in many African countries.