Volume 6, Number 49, December 18, 1979



From the Editor-in-Chief

by Daniel Sneider

Editorial Comment

by Nora Hamerman

Washington’s Devout Faith in Islam.

International Intelligence

Campaign 1980

by Kathleen Murphy

Our new weekly report on what the presidential candidates are saying and doing.

Congressional Calendar

by Barbara Dreyfuss and Susan Kokinda

National News

Energy Insider

by William Engdahl

Lots of Oil, But No Gasoline.


What’s At Stake in the Saudi Oil Scandals?

by David Goldman

When Treasury Secretary Miller walked into Saudi oil minister Yamani’s office, Yamani booted him out-the U.S. government is clearly complicit in promoting the “scandals” now rocking the Saudi royal family. But then, the Saudis have refused U.S. advice on economic policy, and are positioning themselves to help Europe create a new monetary system.

International Credit

by Peter Rush

Volcker’s Policy Comes to Europe.

Domestic Credit

by Lydia Schulman

The Fraud in the Unemployment Statistics.

Foreign Exchange

by Richard Katz

Whither the Yen?

Corporate Strategy

by Leif Johnson

A Big Brother To Run America.


by Alice Roth

London Scrambles For Gold


by Richard Schulman

How Will a “Free-Trade Zone” Work?

World Trade Review

Business Briefs

Special Report

Exclusive: The One World Conspiracy

by Criton Zoakos

By means of managed crises, economic warfare, diplomatic blackmail and political brainwashing, a strong international political faction has been working around and through the United Nations bureaucracy to produce a “new world order,” in which policies and events are not shaped by the action of sovereign nation-states, but a supranational elite and its institutions, beholden to no national government.

The UNITAR Plan: A New ‘Interregional’ Order

Western Hemisphere Bloc–The Inside Story

A Global IEA: The Tactic of the ‘Producer-Consumer Dialogue’

by Judith Wyer

Ensuring IMF Rule: ‘Regional Currency Blocs’ Scheme

by Richard Freeman

Laszlo and the Brainwashers at the United Nations

by Criton Zoakos


The NATO summit: Missiles for Europe?

by Rachel Douglas

Within NATO, there are two utterly distinct conceptions of NATO; two utterly distinct conceptions of arms policy, and two utterly distinct conceptions of the agreement on the Pershing II missile that was reached at this week’s NATO summit. And apart from the differences separating the Bonn government from London and Washington, there is more than one view of the issue in the Soviet Union.

The Fallacies of British and American Strategy

Ireland: Prime Minister Jack Lynch Forced into Resignation

Italy: A New Andreotti Government in the Wings?

West Germany: Berlin Conference Victor, Chancellor Schmidt

Press Sees Sure Winner – Schmidt: Europe’s “Common Destiny.”

The British Flag Flies over Southern Africa Again

by Douglas DeGroot

Who Controls Southern Africa’s Mineral Wealth?

The Muslim Brotherhood Sends ‘Killer Squads’ to the U.S.A.

by Nancy Coker

Half of Iran in Rebellion