Illicit Financial Woes

An interesting study on illegal cash flowing out of developing regions like the Middle East and Northern Africa has been released. Crime, corruption and tax evasion seem to rule the day.

Obama plans to tackle global poverty. Will he begin by stopping crime and corruption in the Middle East? Or will he stop the crime and corruption in Washington? But wait, he's never been known as a fighter of crime. Just look at his American home state and his record there.

....."Illicit financial flows siphon revenue out of poor countries, robbing them of much-needed assets and forestalling economic development," said GFI director Raymond Baker. "These new figures reveal that illicit financial flows outpace ODA by a ratio of nearly 10 to 1. This is critical to understanding global poverty and developing effective poverty alleviation and economic development strategies," Baker said......

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Exclusive interview with Condoleezza Rice

AFP's exclusive interview with outgoing Secretary of State for the Bush administration, Condoleezza Rice. She announced an upcoming trip to China. Rice also discussed the situation in the Middle East and her own plans for the future.

Libertarians Accuse Obama of "Hawkish" Foreign Policy

America's largest third-party is accusing Barack Obama of pursuing the same "hawkish" foreign policy of his predecessor George Bush. "What we hoped to see with the incoming Obama administration were plans for a total withdrawal from Afghanistan and Iraq," says William Redpath, national chairman of the Libertarian Party. "Instead, we're seeing the same missteps of the Bush administration that have kept our troops in the Middle East since 2001."

This past September, the Libertarian National Committee passed a resolution calling for the withdraw of U.S. troops from Afghanistan "without undue delay." However, current Pentagon plans call for potentially doubling the size of the U.S. presence in Afghanistan to 60,000 troops.

"Shifting troops from one front to another is not 'bringing them home,' as Democrats promised to do in 2006," says Redpath. "Obama is pursuing a hawkish foreign policy that should worry any advocates of non-intervention. He'll keep us in that region for his entire presidency."

"The United States should both abandon its attempts to act as policeman for the world and avoid entangling alliances," reads the Libertarian Party's platform. "American foreign policy should seek an America at peace with the world and its defense against attack from abroad. We would end the current U.S. government policy of foreign intervention, including military and economic aid."