Volume 25, Number 25, June 19, 1998



Dr. James O’Brien

Dr. O’Brien is a meteorologist and physical oceanographer who directs the Center for Ocean-Atmospheric Prediction Studies (COAPS) at Florida State University in Tallahassee.


Australia Dossier

by Allen Douglas

Trade and the dollar plunge.

From New Delhi

by Susan B. Maitra and Ramtanu Maitra

The rupee continues to lose ground.

Report from Bonn

by Rainer Apel

Accelerate the start of the maglev era.


A matter of national security.

National Economy

What you should know about China’s economy

by Jonathan Tennenbaum

As the world’s largest developing nation and virtually the only economy in the world which has continued to grow in real, physical terms, China’s participation in the potential constellation of forces necessary to push forward an emergency reorganization of the world financial system, along the lines of Lyndon LaRouche’s “New Bretton Woods” policy, is decisive to the success of that endeavor. Jonathan Tennenbaum reviews China’s economy since World War II, including the reform and rapid development of the last 20 years.


BIS central bankers admit, they can’t solve the crisis

by William Engdahl

The currencies and economies of nations throughout Asia have begun a new descent. “Principles of how to manage and resolve a crisis of this sort were not known in advance and, indeed, are still under discussion,” says the BIS. Documentation: Comments on the crisis.

Malaysia’s Mahathir slams hedge funds

Putting El Niño into perspective

An interview with Dr. James O’Brien.

Business Briefs


New ‘Diana wars’ in Britain put focus on LaRouche  

by Jeffrey Steinberg

The British establishment is screaming that LaRouche is “accusing the Queen of ordering the assassination of Diana, Princess of Wales.” And, they’ve made a strategic blunder in trotting out Ambrose Evans-Pritchard, an avowed British intelligence stringer who spent from 1992-97 orchestrating a slander campaign against President Clinton.

Ambrose Evans-Pritchard: the hyphenated hoaxster

by Edward Spannaus

Evans-Pritchard’s role in the British establishment’s campaign to destroy the U.S. Presidency.

The ‘Torygraph’: leak sheet for the Royals

by Scott Thompson

Evans-Pritchard’s U.S. field expedition

by Edward Spannaus and Scott Thompson


What China can expect from Clinton’s visit  

by Helga Zepp-LaRouche

The Clinton administration has stopped taking into active consideration the reorganization of the world financial system which Lyndon LaRouche has proposed. Unless that changes, and the President faces the reality of the systemic financial crisis, there is no real basis for him to define a new U.S. policy toward China.

Horn of Africa war disrupts London’s plans vs. Sudan

by Joseph Brewda

Fighting between Isaias Afwerki’s Eritrea and Meles Zenawi’s Ethiopia is the latest setback hitting Ugandan strongman Yoweri Museveni’s British-backed plans of establishing a Tutsi empire.

NATO readies plans for military strikes to stop Milosevic in Kosova

by Umberto Pascali

NATO is preparing to act against Serbian dictator Slobodan Milosevic’s genocide much sooner than it did in Bosnia, but the lack of commitment to economic development remains the biggest obstacle to peace in the region.

Dispel the ghosts at Brazil’s Itamaraty

by Silvia Palacios and Lorenzo Carrasco

Some among the elites are calling for a break with the Foreign Ministry’s subservience to British policies.

International Intelligence


Fight intensifies over U.S. sanctions policy

by Marsha Freeman and Leo Scanlon

The Congress has gone wild, imposing sanctions against other nations at the drop of a hat. At last, resistance is beginning to be mounted against this insane policy, which is against U.S. national interests.

Reno okays Oregon’s Nazi euthanasia

by Linda Everett

The Attorney General will not let the Drug Enforcement Administration take action against Oregon doctors who prescribe lethal doses of drugs to allegedly terminal patients.

Congressional Closeup

by Carl Osgood

National News