Volume 9, Number 18, May 11, 1982



Middle East Report

by Judith Wyer

A Haig maneuver.

Dateline Mexico

by Josefina Menéndez

The Virgin of Guadalupe returns.

Book Review

by Dean Andromidas

Hero of Bataan by Duane Schultz and Douglas MacArthur: The Philippine Years by Carol Morris Petillo.

Congressional Closeup

by Barbara Dreyfuss and Susan Kokinda


The question of sovereignty.


Swiss To Preside over Global Financial Panic

by Laurent Murawiec

The chief of the Swiss central bank has predicted a collapse; Laurent Murawiec draws out the implications.

Documentation: An interview with the New York Federal Reserve.

Currency Rates

The Anatomy of a Euromarket Crash

by David Goldman

David Goldman describes the startling shifts that have already occurred in the offshore markets, and the results a chain-letter catastrophe would have on world trade.

Developing Canada’s Economic Potential: The NAWAPA Role

by Sylvia Barkley

The North American Water and Power Alliance would transform agriculture and transport.

Domestic Credit

by Richard Freeman

Bankruptcy and illusion.


by Montresor

The pendulum swings.

Foreign Exchange

by David Goldman

Dollar instability returns.

Trade Review

by Mark Sonnenblick

Business Briefs

Special Report

The British Empire: A Menace to Peace

by Nancy Spannaus

An historical overview of British war-instigation, aimed against dirigist industrializers.

The Economic Empire Is Alive and Well

by Leif Johnson

A grid of Britain’s control over raw materials, energy supplies, and credit flows.

Lord Russell and British Racism

by Carol White

The colonial outlook.

Will Adam Smith Kill Argentina?

by Mark Sonnenblick

The results of recent Friedmanite policies.

The Free Market Record

Monroe Doctrine Was Aimed at Britain

by Nancy and Edward Spannaus

Documentation: A series of case histories.


LaRouche in India: How To End the World Depression

by Paul Zykofsky

The EIR founder, who held talks with Prime Minister Indira Gandhi and other leading Indians, outlines the policy prerequisites for a global economic boom.

Documentation: The Indian newspaper Patriot reports on LaRouche’s visit.

Mexico’s Growth Plans Under Further Attack

by Timothy Rush

Banamex says it clearly: go back to a low-growth tourist economy.

Documentation: The new austerity program.

Countergangs in Nicaragua

by Valerie Rush

A test-tube for William Paddock’s plan of supporting insurgents and counterinsurgents to eliminate population.

A Cowardly Compromise Stabilizes Helmut Schmidt ... for the Time Being

by Rainer Apel

A report on last month’s Social Democratic party congress in West Germany.

EC Torn over the Argentine Sanctions

The Syrian Terror Wave in Europe

by Judith Wyer

International Intelligence


Treason in Washington on the Malvinas Question

by Richard Cohen

Background concerning the moves in Congress, the State Department, and the Bush-Baker group in the White House to draw the United States into betraying its national interest.

British Intelligence Specialist Describes London’s Blackmail Against the U.S.

by Lonnie Wolfe

On the NATO question, an EIR interview with Michael Howard of Oxford University.

Documentation: Excerpts from Mr. Howard’s speech at West Point on April 22.

Why Admiral Inman Left His CIA Position

by Paul Goldstein

The real issue was U.S. foreign policy, including the former Deputy Director’s opposition to the way the British are actively trying to throw Argentina into the arms of the Soviets.

National News