Volume 9, Number 47, December 7, 1982



Dateline Mexico

by Josefina Menéndez

Immigration bandwagon slows down.

Africa Report

by Douglas DeGroot and Mary Brannan

George Bush: “U.S. policy same as IMF’s.”

Report from New Delhi

by Paul Zykofsky

Relations with Japan improve.

Inside Canada

by Pierre Beaudry

The Queen’s men.

Science & Technology

by Marsha Freeman

A case of U.S.-Soviet scientific cooperation.


Mopping up the “Mafia.”


Argentina Wields Its $5 Billion Debt Bomb

by Christian Curtis

Conversion of part of its obligations into bonds reflects the reality that the wherewithal for Ibero-America’s creditors doesn’t exist.

GATT Is Not Only a Failure at Expanding Trade, But a Fraud

by David Goldman

A survey of the actual state of world deficits, and their relation to the debt burden.

Documentation: Excerpts from the U.S. proposals for GATT

Currency Rates

U.K. Financial Warfare Against the Iraqis

by Judith Wyer

London is aiding Khomeini once more.

State and City Deficits Running Out of Control

by Stephen Parsons

The U.S. picture.

The Western Land Grab: Mont Pelerin Joins the U.S. Environmentalists

by Renée Sigerson

Promoting the sale of public lands-to the “black nobility” of Europe.

Foreign Exchange

by David Goldman

Flows into the dollar end.

Trade Review

by Mark Sonnenblick

Business Briefs

Special Report

What Is an Economic Shock Wave?

by Lyndon H. LaRouche, Jr.

The designer of the LaRouche-Riemann econometric model, Lyndon H. LaRouche, Jr., explains the model’s capacity to grasp economic processes in a non-subjective way within the physical universe, subject to the laws of the latter’s development-and therefore to grasp the “shock wave” phenomena so crucial in economic phase-changes. The model draws on the heritage of the great German mathematical physicists, who in turn built on the conceptions of Plato, the early Christians, and the Renaissance.


Soviets Set To Gain From Elimination of China Card

by Peter Ennis

Peking (including its new foreign and defense ministers) recognize the decline of the U.S. as a superpower and are cautiously looking to a “zone of peace” in Asia.

Japan’s Nakasone: How Long Will He Last?

by Richard Katz

Tokyo insiders’ assessment of the Liberal Democratic Party after the election of the new party leader and Prime Minister.

Fanfani Would Mean Bad News for Italy

by Nora Hamerman

Fat Henry Seems To Be On the Way Out

by Mark Burdman

Israel’s Labour Party Missing Its Chance for Counterattack

by Mark Burdman

In the wake of the New York Times scandal.

Argentina’s Nuclear Plan: History And Perspectives

by Lic. Luís Fernando Caliño

Part II of the report by the Acting Director of Energeia magazine in Buenos Aires.

Political Amnesty Key to Economic Development

by Valerie Rush

Colombian President Betancur is trying to wean the military from its sponsorship of terrorism.

Sri Lanka Falls Prey to the IMF’s Policies

by Ramtanu Maitra

International Intelligence


LaRouche: ‘Develop Beam Weapons, or Surrender’

by Steven Bardwell and Donald Baier

EIR’s founder addressed a conference in Bonn last month on the urgency of high-energy beam weapons that can destroy thermonuclear attack missiles.

FEF Proposes Two-Stage Missile Defense

by Marsha Freeman

Fusion Energy Foundation spokesmen explained Nov. 18 to a Washington, D.C. audience how the beam weapons work.

Army and Air Force Taken Over by the New Generation of ‘Whiz Kids’?

by Lonnie Wolfe

Two new documents display all the dangerous silliness of a systems-analysis approach to military questions, and the population-reduction outlook of their authors.

Documentation: Excerpts from Airforce 2000 and Airland Battle 2000.

Morgenthau, New York Times Challenged in Their New Effort To ‘Get LaRouche’

by Vin Berg

The Manhattan District Attorney’s witchhunt could involve more than he bargained for.

National News