Volume 7, Number 26, July 8, 1980



Middle East Report

by Robert Dreyfuss

The Persian Gulf: a new Vietnam?

Dateline Mexico

by Josefina Menendez

Banking potentates come under fire.

Campaign 1980

by Kathleen Murphy

Congressional Calendar

by Barbara Dreyfuss and Susan Kokinda

Energy Insider

by William Engdahl

A matter of emphasis.

Facts Behind Terror

by Jeffrey Steinberg

LAPD under attack.


The alliance after Venice.


Unfinished Business at the Venice Summit

by Alice Roth

The Franco-German faction seemed to do well politically at the Venice summit, but they conceded to the United States on Malthusian economic proposals which could undermine even their best political efforts.

Foreign Exchange

A Soviet Endorsement for the European Monetary System

by Clifford Gaddy

International Credit

by Renée Sigerson

New strategies for petrodollars.

Trade Review

Domestic Credit

by Lydia Schulman

What kind of recovery?


by Susan B. Cohen

A bonanza for the grain companies.

Thatcher’s Road to Industrial Extinction

The medievalist Sir Keith Joseph is to the British industrial economy what St. George was to the dragon-he’s killing it. A complete economic profile.

A ‘New Industries’ Plan: Deindustrializing Great Britain

by Luba George

The Industry Slayer: The ‘Exhilarating Mission’ of Sir Keith Joseph

by David Goldman

Business Briefs

Special Report

The Rise of Soviet Power: Siberia’s Energy Frontiers

by Rachel Douglas

Even as America cuts research, eliminates industry, and phases out nuclear power, the Soviet Union under the prevailing influence of successful Siberian development planners is pushing ahead with its nuclear program, reforming industrial management to optimize growth, and pushing forward the frontiers of science.

The New Five-Year Plan – The Oil of Siberia – A Siberian Proposal for Industry Reform – Science and Novosibirsk – The Nuclear Program – World Energy Solutions – The Great Atommash – Kirilenko’s Future for Energy.


France, Germany Take Charge of Soviet Relations

by Vivian Zoakos

Jimmy Carter, thinking to bludgeon the continental powers away from detente, found himself discredited, dressed-down and out-maneuvered by Giscard and Schmidt at the Venice summit meeting. He also found himself officially conceding authority over East-West relations.

General Nino Pasti: Euromissiles Mean War

An exclusive interview with the former Italian NATO commander, on nuclear-force modernization, the China card, and Iran.

Argentina Marries Brazil

by Mark Sonnenblick

Seemingly miraculous, enemies for 40 years have become close allies–and plan to become the equivalent of NATO in Latin America, and arms salesmen to the world.

The Rise of Fascism in Israel

by Mark Burdman

Analysis of the great new threat in the Middle East.

International Intelligence


The Democratic Platform: A Born-Again Loser

by Barbara Dreyfuss

The Carter White House handpicked the committee, and railroaded through a party platform so bad it makes Carter’s present policies look good. Not a Democrat can be found who thinks it can be sold to the voters, almost as if the purpose were to destroy the Democratic Party.

Texans Rise Against Carter on Farm Issue

by Vin Berg

The Texas Democratic convention, though dominated by Carter delegates, demanded 90 percent parity for farmers, and nearly demanded an open Democratic convention. It was a victory for LaRouche. Included: The dark horse candidate’s speech to the convention.

National News