Volume 8, Number 20, May 19, 1981
Departments
Middle East Report
by Robert Dreyfuss
Armand Hammer plots against Riyadh
Dateline Mexico
by Josefina Menéndez
Restricting imports, stepping up exports?
Energy Insider
by William Engdahl
Michael Halbouty discusses the U.S. oil exploration potential.
Congressional Closeup
by Barbara Dreyfuss and Susan Kokinda
Eye on Washington
by Stanley Ezrol
Economics
Washington’s Currency Warfare Against Europe
by Kathy Burdman
High U.S. interest rates have already incited a capital drain there; currency nonintervention could be the coup de grace.
Documentation: Interviews with Citibank’s Harald Cleveland, the IMF executive director for the. U.S., and a White House source.
Foreign Exchange
by David Goldman
The new “malign neglect.”
Banking
by Kathy Burdman
No mortgages yet from Merrill, Lynch.
Agriculture
by Susan B. Cohen
Spotlight on exports.
Water for Mexico’s Agriculture
by Patricio Estevez and Eduardo Quiroga
Mexico City correspondents provide a progress report on the central hydraulic plan for the northeast region: Part II of our Sonora report.
Currency Rates
World Trade
by Mark Sonnenblick
Business Briefs
Special Report
Will the American Economy Survive a New Credit Crunch?
by Richard Freeman
Why the Fed’s interest rate hikes will accelerate both inflation and industrial asphyxiation.
The Debt Time Bomb Volcker Has Triggered
A secular survey of the liquidity-that is, illiquidity-of the U.S. economy.
Documentation: Eleven graphs and tables.
International
The ‘LaRouche Doctrine’ on Israel and the Holocaust
by Lyndon H. LaRouche, Jr.
Writing from West Germany, EIR founder Lyndon H. LaRouche, Jr. discusses how the principle of national sovereignty and the lessons of Nazi extermination apply to policy by and toward Israel.
Documentation: Excerpts from statements by President Reagan and Prime Minister Begin.
Britain’s Anti-Technology Networks Sponsor New Disarmament Campaign
by Luba George
Part 1 of an intelligence dossier on the “peaceniks.”
Western Powers Leave Teheran Up For Grabs
by Thierry LeMarc
Thierry LeMarc analyzes the shifting strength and composition of the opposition to Khomeini, and the “vacuum” in U.S. and European policy toward Iran.
Trudeau Takes Aim at Quebec’s Waterway Expansion Program
by Pierre Beaudry
Fuel taxes are jeopardizing Canada’s transport system.
International Intelligence
National
Foreign Policy Progress and an Array of Traps
by Richard Cohen
Richard Cohen reports from Washington on the Administration’s positive moves and shaky assets.
China Card Faction Boosts Pol Pot
by Richard Katz
One of the worst foreign policy tracks: aid and comfort to Pol Pot’s forces.
‘U.S. Policy Is Population Triage’
by Lonnie Wolfe
A further report on the RAPID/Global 2000 network in and around the State Department.
Documentation: Interviews with population strategists Philander Claxton and Marshall Green.
The Next Stage for Abscam/Brilab
by Scott Thompson
To the extent that this Administration won’t tolerate pure frameups, a “Reagangate” against the executive branch is in the cards.
The Liberal PACs Team Up Against Moderate Congressional Democrats
by Barbara Dreyfuss
The Harriman crew and the Buckley types explicitly target Representatives Wright, Jones, and Rostenkowski as too pro-growth.
National News
