Volume 22, Number 21, May 19, 1995



Siro Lombardini

by Gianni Cilli

One of the leading economists associated with Italy’s postwar industrial reconstruction, Mr. Lombardini is a former Minister of State Holdings, and has served as an advisor to several ministries and to the Prime Minister.

Alhaji Aminu Saleh

by Uwe Friesecke

Alhaji Aminu Saleh is Secretary to the Government of the Federation in Nigeria.

Book Reviews

Britain’s Pacific War against the U.S.A.: The Fall of Singapore

by Mary Burdman

Singapore, The Pregnable Fortress, by Peter Elphick.

Churchill’s Model: Scipio Africanus

by Dean Andromidas


Dateline Mexico

by Marivilia Carrasco

Bishops Denounce IMF Policies.


Heroes of the Resistance.


Derivatives Bubble Springs a Leak

by John Hoefle

Derivatives problems are taking their toll in the trading revenues of the top seven U.S. money center trading banks: Citicorp, Chemical, J.P. Morgan, Chase Manhattan, Bankers Trust, BankAmerica, and First Chicago.

We Are Facing a ‘Devastating’ Global Financial Crisis

by Gianni Cilli

An interview with Siro Lombardini.

Theory of Ice Ages, Not ‘Global Warming,’ Predicts Melting of Antarctic Ice Shelf

by Laurence Hecht

Cardinal Biffi Attacks ‘Free Market’ Abuses, Speculation

Excerpts from a May Day homily by the archbishop of Bologna, Italy.

Currency Rates

North Eurasian Rail Systems and Their Impact on Siberian Economic Growth

by Hal B.H. Cooper, Jr. and Sergei A. Bykadorov

Business Briefs


Schiller Institute Confronts the IMF in Nigeria

by Uwe Friesecke

Reports on the three-week visit of a Schiller Institute delegation to Nigeria. In a nation which is under vicious assault by the International Monetary Fund and the self-appointed “human rights” mafia, Lyndon LaRouche’s concepts of building a new, just economic order are being debated with great interest.

Great Disinformation Is Being Spread Abroad against Nigeria

by Uwe Friesecke

An Alternative to the Present Bankrupt Monetary System

by Lawrence K. Freeman and Uwe Friesecke

The speech delivered by Lawrence K. Freeman to the Second Nigerian Economic Summit in Abuja, Nigeria.

Ford Foundation and Bankers Try To Block Nigerian Sovereignty

by Lydia Cherry

The truth about TransAfrica.

To All Africans of Good Will: Let Us Form an African Civil Rights Movement

by Godfrey L. Binaisa

A call issued by the former President of Uganda.


Prince Philip Makes Genocide into a Religion

by Mark Burdman

Reports on the World Summit on Religion and Conservation, which took place at Windsor Castle and launched a new Alliance of Religion and Conservation.

Iranian President’s Visit to India Opens Up New Possibilities

by Ramtanu Maitra and Susan Maitra

The UN in Bosnia: There’s No Business Like Show Business

by Katharine Kanter

The French Presidency: Chirac Must Launch ‘New Marshall Plan,’ or Bury France with Austerity

by Jacques Cheminade

Former Presidential candidate Jacques Cheminade evaluates the results of the elections.

Colombia: Samper’s Dilemma: Annihilate the Cartels or Fall With Them

by Javier Almario

As Colombia’s Prosecutor General launches investigations of many prominent figures for their links to the drug cartels, the President finds himself in a most delicate position.

LaRouche: Bush League Threatens Colombia

by Lyndon H. LaRouche, Jr.

Tigers Show Their Stripes in Sri Lanka

by Ramtanu Maitra and Susan Maitra

Fujimori’s Reelection Irks the British

by Manuel Hidalgo

Seineldín Scores Sale of Arms to Ecuador

by Col. Mohamed Alí Seineldín

Korea Conference Urges Shift in Emphasis

by Kathy Wolfe

A report on the annual Korea Church Coalition Symposium in Washington, D.C.

International Intelligence


Clinton Snubs Brits, Builds New U.S.-Russia Alliance

by Edward Spannaus

The President’s statesmanship at the Moscow summit has Jesse Helms, Henry Kissinger, and the British sputtering with rage.

Documentation: Excerpts from President Clinton’s remarks at Moscow State University.

Domenici Plan Draws Battle Lines on Medicare and Medicaid

by Mel Klenetsky and Kathleen Klenetsky

Congressional Closeup

by William Jones

National News


The article in our last issue entitled “Legal Assault Planned on Ibero-American Armed Forces,” p. 75, failed to note that it was a reprint of an EIR article first published in 1993. The events referred to in the article as having taken place in “March” therefore refer to March 1993. We reprinted the article in order to show that EIR had predicted the offensive against the armed forces which is now in full swing.

In the same issue, on pages 64 and 69, Japanese Finance Minister Masayoshi Takemura is misidentified. He is no longer with the Liberal Democratic Party, but is now the head of the new Sakigake Party.