Volume 6, Number 50, December 25, 1979



From the Editor-in-Chief

Editorial Comment: A Sobering Year’s End

by Nora Hamerman

Trade Review


After Caracas: The Demise of OPEC?

by Judith Wyer

Saudi Arabia failed to force a common oil price at the OPEC meeting in Caracas last week, and the 19-year-old oil cartel may be on the verge of breaking up. This has happened according to a design, drawn up in New York and London, and the immediate big losers will be the European and Japanese economies.

International Credit: The IMF Takes Command

by Peter Rush

Gold: The New Bi-Metalism

by Alice Roth

Foreign Exchange: For the EMS, Small Breathing Room

by Richard Katz

Brandt Commission Turns the World Upside Down

by Stephen Parsons

An advisory panel to the World Bank headed by a former West German chancellor proposes that oil and other commodities be stockpiled, competing currency blocs index their contracts to commodity prices, and that the world be taken over by a "World Development Agency."

Kissinger’s IRB Is Back

by Alice Roth

Sir George Bolton’s World ‘Overview’ – How the Scheme Emerged.

Business Briefs

Special Report

France’s Bid For World Leadership

by Christopher White

In a time of crisis, when the very existence of sovereign nation states is under attack, the nation of France stands out for having a government–under Valéry Giscard d’Estaing–whose positive approach to issues of governance, war and peace, and a new order of economic development, flow from a single "grand design" conception.

Energy Policy: The ‘Grand Design’ for Nuclear Power

by Dana Sloan

East-West Relations: Cooperation with the Soviets for World Peace

Economic Policy: Giscard’s Fight for a New Monetary System

by David Goldman

$100 Billion for Progress

North-South Relations: The ‘Trialogue’ Approach to Third World Development

by Mark Burdman

Asian Policy: Advancing an Alternative to the ‘China Card’

by Peter Ennis

Inside France: The ‘Left’ and the ‘Right’ Against the President

by Garance Phau


The U.S. Backers of the Muslim Brotherhood Killers

by Nancy Coker

With the full knowledge of the State Department Iran’s Muslim Brotherhood has sent up to 300 trained terrorist killers into the United States on forged passports. And the U.S. government states that it will leave the matter to "local authorities."

Idaho’s Hansen demands Iran probe

Government Refuses To Act on Threat from Terrorists

Carter’s New Military Alliance in Southeast Asia

by Dean Andromidas

It sounds like 1960, but it is happening today. U.S. military advisors are flooding into Thailand, refitting old B-52 bomber bases and generally preparing to support Chinese designs against Soviet allied Vietnam.

Ohira plays the ‘China Card’

by Richard Katz

Japan Goes Anti-Soviet?

International Intelligence


Arms Buildup and Euromissiles: The Quest for ‘Limited War’

by Konstantin George

There’s a close link between the speech on defense spending given by Carter in Washington, Britain’s Thatcher blustering against the Soviet Union in New York, and the vote by the Brussels NATO meeting to place tactical nuclear warheads on European soil.

Why the CFR Wants SALT II

Can a Peace Treaty Mean War?

Thatcher Calls the Tune ... and Carter Dances

Why Does Kennedy Parrot Moscow’s Line on Iran?

by Lyndon H. LaRouche, Jr.

Sen. Ted Kennedy has said the same things about the "Iranian revolution" that certain quarters in the Kremlin are saying. Nevertheless, Kennedy is not an agent controlled by Moscow, reports Contributing Editor Lyndon LaRouche; the similarity, however, does reveal certain intelligence connections of overwhelming strategic importance.

Pravda: Extradite the Shah

Campaign 1980

by Kathleen Murphy

Haig on the March – Connally Wild Card – Candidates Court Gays.

Congressional Calendar

by Barbara Dreyfuss and Susan Kokinda

National News