Volume 24, Number 37, September 12, 1997



Mervyn Dymally

A U.S. Representative from California for 12 years, Mr. Dymally has travelled widely. He is president of Dymally International Group, Inc., a consulting and financial advisory firm, and is a Distinguished Professor at Central State University in Ohio.


Report from Bonn

by Rainer Apel

Walking straight into the trap.

Australia Dossier

by Michael J. Sharp and Allen Douglas

Transparency Int’l: clear as mud.

Report from New Delhi

by Ramtanu Maitra

Sheikh Mujib assassination revisited.


Africa needs a New Bretton Woods.


Greenspan protects the derivatives bubble

by Richard Freeman

A bitter fight is raging between Federal Reserve Board Chairman Alan Greenspan and the Financial Accounting Standards Board over how to report corporate holdings of highly speculative derivatives instruments. Greenspan doesn’t want it known that the system is bankrupt.

Thailand heads ‘down Mexico way’

by Michael O. Billington and Gail G. Billington

Just as the bailout of Mexico did not work, so the International Monetary Fund’s Aug. 4 “stabilization deal” with Thailand is also a flop.

Currency Rates

France needs the Superphénix

by Emmanuel Grenier

Emmanuel Grenier reports on the political fight raging around the fast breeder reactor program, which the government decided to terminate.

Business Briefs


The coming Pearl Harbor effect  

by Lyndon H. LaRouche, Jr.

The current international system is finished, and a New Bretton Woods Conference is needed, Lyndon LaRouche said at a Labor Day conference. “The problem is, the need for the will, the commitment, the passion, to make the change,” said LaRouche. “And the great challenge before us here in the room today, and many others like us, is to become like a virus, to infect humanity with optimism, and with the means to find the will to bring about the change.”


Can the House of Windsor survive Diana’s death?

by Jeffrey Steinberg

The Princess of Wales was a central figure in a controversy of the utmost strategic importance. As her correspondence with a representative of Lyndon LaRouche shows, there was more to her than met the eye.

Diana: Shame on the daily media

by Lyndon H. LaRouche, Jr.

A statement on release of letters, by Lyndon H. LaRouche, Jr.

Correspondence with Princess Diana

by Scott Thompson

The crash: Unanswered questions abound

by Rüdiger Rumpf and Jeffrey Steinberg

Princess Diana’s war with the Windsors

by Scott Thompson

The accelerating fall of the House of Windsor

by Mark Burdman

Italian national leadership paralyzed by secession threat

by Claudio Celani

Italian media follow EIR in exposing secession plot

A ‘Southern League’ rears its head

Colombia’s former military chief leads in Presidential bid

by Valerie Rush

Narco-President Ernesto Samper Pizano’s decision on July 24 to fire Armed Forces Commander Gen. Harold Bedoya, ironically, freed Bedoya to run for the Presidency.

Asian call for human rights review must lead to New Bretton Woods

by Michael O. Billington and Gail G. Billington

Asian leaders are demanding a new look at the 1948 United Nations Universal Declaration of Human Rights.

International Intelligence


LaRouche: ‘Infect the U.S. population with optimism’

by Jeffrey Steinberg

A report on the semi-annual conference of the Schiller Institute and International Caucus of Labor Committees.

IMF adjustment policies are ‘an absolute, total disaster’

An interview with Mervyn M. Dymally.

Va. gubernatorial race spotlights Bush machine

by Nancy Spannaus

Just as the Commonwealth of Virginia was at the center of the 1994 Senate races, with the contest between Oliver North and Sen. Charles Robb, so the gubernatorial race of 1997 represents a bellwether of the coming era of U.S. politics.

National News