IMF

Iran feels let down by India and rightly so

(This is a reprint from NewsBred).

Iran has shown its hurt on India which has unilaterally stopped the import of its oil, unwilling to stand in the corner of the adversaries of the United States.

Ali Chegeni, Iranian Ambassador to India, didn’t mince his words in a press briefing in New Delhi on Tuesday, chiding India for succumbing to the “sanctions” of the United States.

The Donald Trump administration is going berserk in his attempt to destroy Iran, first pulling out of the JCPOA (Joint Comprehensive Plan of Action) despite Iran being faithful to the deal and piling on with economic sanctions without approval from its allies or world community in the form of United Nations.

India hasn’t imported oil from Iran for months now and couched its action as “reduced” and not “stopped” to suit its independent image. But now that Iran has gone public, India has been shown as having been arm-twisted by the United States.

Fans of India’s prime minister Narendra Modi and his muscular foreign policy could feel cheated as a multi-polar world—against the unipolar bullying of United States—is nearer to being a reality.

Russia and China, hit by sanctions and trade wars, are now joined at hips and Iran is a vital clog in their drive to keep Middle East, even Eurasia, out of bounds for the United States. European Union (EU) has created INSTEX (Instrument in Support of Trade Exchanges) to keep trading with Iran without resorting to direct transfers of money between the two entities. India is seen as one final piece of jigsaw of the emerging multi-polar world which would signal the further unravelling of US’ hegemony.

To be sure, the United States is one hell of an economic power and throws its weight to bring nations under its heel. It’s the nerve centre of global economy. Be it goods or money; data or transportation, the world doesn’t move much without the express will of the United States.

The United States is the kingpin of globalization. It anchors International Monetary Fund (IMF). It controls over 50 per cent of the venture capital, all but 10 per cent of currency trade use its dollars.  Tech and finance doesn’t move without its dollars; it could cripple phone-operating systems of the world; it controls the fund-management assets. As The Economist puts it: “Across the panel, it’s normal to use a Visa card, invoice exports in dollars, sleep beside a device with a Qualcomm chip, watch Netflix and work for a firm that BlackRock invests in.”

If a firm is blacklisted, no bank would touch you with a barge pole and you are put outside the dollar payment system. There is a law in place which controls the foreign investment into Silicon Valley—if you fall foul, you could virtually say goodbye to transactions in semiconductors and software, a virtual ruination in today’s world.

Economy isn’t the imperative though which has guided India’s change of course vis-à-vis Iran. India needs to hedge its bets. That’s the demand of the geopolitics reality. It neither can annoy the chief actors of the drama nor it can afford to align itself with either of the two groups: United States vs the Russia-China combine.  If it snuggles up to the United States, it loses the strategic and military advantage of Russia. It provokes China to join hands with Pakistan and cause mayhem on its borders. If it slips into the arms of Russia-China, it must brace itself to the devastation which the United States could unleash, like the one they have in Hong Kong.

India thus follows the sensible policy of keeping its suitors interested. Both the United States and China need India. The United States in its existential mission to squeeze China and badly needs India. China wants to keep India dormant for the same reason. It can’t afford a naval configuration of United States-Japan-Australia-India to spike its waters.

India too needs to do a balancing act of its own. So it relents on South China Sea to ensure China doesn’t help Pakistan to the extent its borders are put under siege. It relents to United States’ demand on Iran to ensure its military purchases from Russia are unimpaired. It knows the mischief the United States is capable of.  India internally is in an ideological churn. And the United States is expert in fishing in troubled waters. Kashmir could so easily go horribly wrong.

I suspect Modi’s India, in its heart, is for a multi-polar world. United States doesn’t follow rules, it isn’t friends with anyone. All it wants is servility. Those who are independent—like Cuba, Venezuela, Russia, China, North Korea or Iran—face its wrath.  India is still some leagues away  before it could trust China completely and dump the United States for good. India is pivotal to Project Eurasia but can’t afford to annoy either of the two blocs. It’s a watchful tread by them.

It’s just not the United States: India has also made a choice in warming up to Saudi Arabia-Israel in the Middle East. They are Iran’s sworn enemies. By drawing close to the Gulf Muslim nations, India has left Pakistan sterile. Pakistan’s fervent appeal on religious lines to Muslim nations has drawn a very tepid response on Kashmir. Instead we have the situation where Modi is being accorded the highest civilian honour in UAE and Bahrain.  This comes in the backdrop of Saudi Arabia, Afghanistan and Maldives conferring similar honours to him. It has isolated Pakistan on Kashmir.

Iran has shown it can’t wait for India interminably.  It doesn’t want to be a minor player in India’s international diplomatic games. It’s a perfectly legitimate response given how Iran and its’ proud people are waging a war for survival. Modi government though is in the thick of its own war with internal and external enemies.  One hopes, through the backdoor diplomatic channels,  India and Iran remain warm to each other. Till the time is ripe.

It’s good for the world.

 

Ravish Kumar, Magsaysay award and connecting the dots

(This is a reprint from NewsBred).

Ravish Kumar has won Magsaysay Awards as once did Anna Hazare, Arvind Kejriwal and Admiral Ramdas. The common thread is community service and any inference to Aam Aadmi Party (AAP) is incidental.

The award was established by New York-based Rockfeller Brothers Fund in the memory of Philippines president Ramon Magsaysay who died in a plane crash in 1957.  In 2000, Ford Foundation did its bid by constituting the Ramon Magsaysay Emergent Leadership Award.

It is in interest of Indian citizens to know the background of Rockfeller and Ford Foundations.

In the early 20th century, United States legalized endowed foundations. What was once a missionary activity was now called corporate philanthropy. They were the new lifeguards of Imperialism, or call it Capitalism, under threat from Communism.  Among the first to be set up was Carnegie Corporation, endowed in 1911 by profits from Carnegie Steel Company. The Rockfeller Foundation was endowed in 1914 by JD Rockfeller, founder of Standard Oil Company.

Rockfeller Foundation was the early patron which gave seed money to the United Nations, Central Intelligence Agency (CIA) and the Council on Foreign Relations (CFR).  These Foundations had massive resources, all tax-free, with an unrestrained brief:  to turn economic muscle into political, cultural and social capital. Massive funds were not there to raise wages of its workers. It was to turn money into power—to run the world. (So we have Bill Gates controlling health, education and agricultural policies all over the world from seemingly dull occupation of selling software).

By the 1920s, US had begun to swoop on overseas markets and its raw materials. In 1924, the Rockfeller and Carnegie Foundations had created the most powerful foreign policy pressure group—the Council on Foreign Relations (CFR), later funded by the Ford Foundation as well.  So far CFR has had two dozen US secretaries of state on its roll. No less than 5 CFR members were in the 1943 steering committee that planned the UN. JD Rockfeller bought the land for UN’s New York headquarters at $8.5 million grant.

Then came the 1944 Bretton Woods Agreement to set up a new international monetary system. Now all other currencies were pegged to the value of the US dollar, which, in turn, was pegged to the price of gold. World Bank and International Monetary Fund (IMF) became the checkposts of world’s financial roadways. They demanded Good Governance (as long as they held the strings), Rule of Law (as long as they helped make the laws) and transparent institutions. Ironically, these rules were mandated by two of the most opaque, unaccountable and non-transparent global organizations.  Country after country were cracked open by World Bank for global finance. (A fact:  All dozen presidents of the World Bank since 1946, which has its foot on the throats of Third World governments, have been members of the CFR, barring one.)

The Ford Foundation came into being in 1936. It works in lockstep with US State Department. It is in complete harmony with Bretton Woods philosophy of standardizing business practices and promoting free market.  The Capitalist Order is dressed up in liberal ethos.

It’s with these lenses you need to view the activity of Ford Foundation which has invested tens of millions of dollars in India. Generous aids are given to specific university courses and scholarships. A lot of these funds go to writers, artists, film-makers and activists.  (Again any inference to Award Wapsi gang, List of 49 “eminents”, MeToo movement, dalit scholars and research foundations taking over the edit pages of Lutyens Media is incidental).

These Foundations have made it an art to put their pieces on the chessboard of a society. Elite clubs and think-tanks are formed. Ford Foundation makes no secret of intervening in grassroots political movements as its avowed “goals for the future of mankind.” If your mind is going to Anna Hazare and his sudden centrestage occupation in Indian politics, along with the likes of Kejriwal and Manish Sisodia, the inference again is incidental. It would do us no harm though to remember that Kejriwal-Sisodia have publicly conceded of generous grants by Ford Foundation to their NGO in the past.

By the 1950s, the Rockfeller and Ford Foundations were in an overdrive in funding NGOs and educational institutions around the world. They were quasi-extension of the US government to topple democratically-elected governments in Latin America, Iran and Indoensia. The Indonesian students, trained in counter-insurgency by US army, played a critical role in effecting CIA-backed coup in Indonesia in 1965 that brought General Suharto to power. Similarly, eight years later, young Chilean students were trained at the University of Chicago (endowed by JD Rockfeller) to do their bit in the CIA-backed coup that killed Salvador Allende and brought General Pinochet and his reign of murders that lasted 17 years.

Please reflect why Anna Hazare, who calls himself a Gandhian, never said a word against corporate power or privatization. Why India’s corporate media proclaimed him to be the “voice of the people.” Whether the rage against scams was intended to wither away the powers of government and give levers to privatization? It’s worth reminding readers that Anna Hazare in 2008 received a World Bank award for outstanding public service (Any conjuring up image of Ravish Kumar and his Magsaysay Award, again, is incidental).

Or for example how come urban Gender champions and their feminist movements never have a word to say for a lakh-strong Krantikari Adivasi Mahila Saghathan (Revolutionary Adivasi Women’s Association)? Are they afraid of standing up to mining corporations in the Dandakaranya forest? Is this Capitalism and its ugly face which is covered under Liberal ethos, pushed by these Foundations?

These Foundations core philosophy is to prepare an international cadre which could extend Capitalism and the hegemony of the United States. Find natives who once served colonialism and would now do  them. Take over the fields of education, arts and entertainment; extend hold on the minds of masses. What if its costs millions of dollars? Money is useless if it can’t buy global power.

Magsaysay Award to Ravish Kumar is another piece in this chessboard. A brand has been created as a bulwark against India’s cultural resurgence. Watch how Rahul Gandhi and Priyanka Gandhi-Vadra are swooning in praise.  The enemy is making moves on all fronts. It is for us to connect the dots and keep fists in front of face.

 

MSM Fake News Monitor: Indian Express on PM’s EAC

Till a few years ago, it was quite a fun to “spot the difference” between two almost identical images. The challenge was irresistible with the taunt that the two images differed on at least 10 counts. You scratched your head, forgot the world, and strained your eyes and crowned yourself genius once the task was accomplished.

Reading Indian Express these days is an exercise of a similar order. You have to match the headlines, the text and the photo and then pour over inverted commas and quotes to understand where the mischief has been planted. It’s not an easy order for most such Fake News are spread over two pages and are 1000-plus words, relying on time-tested tactics that readers would give up after headline or a few first paragraphs.  It costs me hours but I have worked out a way to get through this maze. My strike rate is 99 out of 100 which is good enough and satiates my “spot-the-difference” urge.

First, of course are the stories on Front Page. Indian Express these days have reserved it to Modi-Centre-BJP bashing. (Now Yogi Adityanath is inching up the charts). Even on Front Page, the bigger decks accorded to a headline, the more reasons to suspect a mischief hiding in the text-matter. Most importantly, I make it a point to read the final two paras. It’s almost guaranteed that the saner, and the essential truth of the story, is in these two paras. After you read it, you go through the story backwards and spot the Fake News  It’s a science folks! You got to give the devil his due. (Oh, I am sorry. Leftists don’t believe in Gods or Devils).

There are a few other Fake News spotters in Indian Express. If there is any Front Page news on Dalits, you got to really flush your lens and go through it. Most likely, such stories appear in profusion before an Assembly elections. Many a times these stories are discredited—as you would find in this link of my aggregated stories in NewsBred. Either Indian Express doesn’t carry an apology—like the fake moustache story on Dalits in Gujarat recently—or the Fake-News-buster true account is buried in inside pages.

You could also be sure that the anniversaries of all unfortunate victims of Muslim community, Akhlaq and Pehlu etc, would deserve a Front-Page mega spread, most likely as anchor story. (Never mind, Hindu victims never get such a privilege, some would say not even our soldier martyrs). Now, you must watch out for June 23, 2018 when it would be a year to Junaid Khan’s unfortunate killing in Ballabhgarh. I am second-guessing, you would have an Indian Express anchor on Junaid Khan, come June 23 next year.

I am not even coming to JNU’s Kanhaiyas and Umar Khalids of our world. I am also not mentioning how the coverage of grieving parents and relatives of minority victims—mind you never a Hindu victim–sitting at Jantar Mantar or taking out a demonstration on Capital streets has half-a-page reserved for it. How BHU girls agitation is a news and not that of AMU protesting girl students. For these are subjective matters and is the prerogative of a newspaper. To push the agenda, our mainstream English media-the Lutyens’ Media—let’s its editorial spread of two pages to do the dirty job.

Our attention is Fake News and so we must return to the subject. The second lead of Indian Express today is: “Slowdown concern, need to push growth jobs: PM’s advisors

Quite a few things in this headline and the positioning of the story got my antennas up. I could smell Fake News in the use of “concern” and “PM’s advisors” in the headline. Would PM’s advisors really go public with their “concern” on the state of the economy? And the use of “PM’s advisors” and not the Economic Advisory Council (EAC) was a giveaway on who is meant to be a fall guy. All the economic ills of the country, by inference, must be put at the door of the Prime Minister. His own advisors are expressing concern at their own authoritarian ruler, that’s the inference.

The fake use of “concern” was easy to spot. The Express quoted part-time member Ashima Goyal that EAC would “work as a sounding board of ideas.” But Express cleverly preceded this quote with an inserted view of their own of “concern.” Read this particular para and make up your own mind:

There is a lot of concern about the economy today and the Council will “work as a sounding board of ideas”, EAC member Ashima Goyal said.

 (The Express cleverly held back the full designation of Ashima Goyal. She is a part-time and not full-time EAC member).

That being so, I poured over the rest of the lengthy story. Then I read the same story in Times of India and Hindustan Times. I was intrigued that the Times of India prominently put in a front-page lead box the view of another EAC part-time member Rathin Roy that “IMF’s growth projections are 80% wrong…World Bank’s growth projections are 65% wrong. The government’s estimates are right more than 90% of the time.” However, the front page 1000-plus wordathon of Indian Express has no mention of it at all!

It is such selective and distorted coverage which has made Indian Express lose all its respect in the eyes of the discerning readers. It is morally wrong, agenda-driven, and worse a case of cheating against its paying-consumers. When the readers are seeking true coverage and information, they are getting blighted and manipulated coverage. Indian Express must be having its own compulsion, their hands could be forced but the newspaper would do well to heed this opinion of one of its readers: “I haven’t seen any story which favours a Hindu viewpoint in Indian Express for ages, at least on front page).” The worst thing a newspaper could do to its reputation is to appear biased and agenda-driven.

Facebook has set out 10 tools to check Fake News. A few give-aways are headlines, source, evidence and photos. Indian Express on Thursday’s edition has been found out in peddling a Fake News).