IRAQ: ON SALE

Uruknet: Who Will Possess Iraq’s Oilfields?

A friend wrote recently from Occupied Iraq that with the December elections over Iraq had truly been stolen. I thought perhaps they were referring to the stamp of legitimacy elections would give Iraq’s American-approved government, but they were actually talking about the final pieces falling in to place for those who’ve long coveted Iraq’s oilfields.

The "how" begins with Iraq’s new constitution; written largely behind closed doors and with tremendous US influence, it was voted into place during October’s referendum. Cleverly, it gives the impression that Iraq’s oil will remain in the hands of its people by guaranteeing "oil and gas is the property of all the Iraqi people" and that revenues from "current fields" will be fairly distributed across the provinces. The key phrase is "current fields;" in the following section the document then requires all future exploration use "the most modern techniques of market principles and encouraging investment." The modern investment model being promoted in Iraq during these secret meetings is production sharing agreements, or PSAs.

Mostly political in nature, PSAs maintain the technicality—and just as importantly, the appearance—of keeping oil ownership in government hands, yet the majority of profits goes to private companies. These agreements are generally used in countries where oil is either hard to extract and therefore expensive, or where reserves are small enough that companies may be unwilling to invest. PSAs guarantee a high profit margin, providing an enticement to otherwise uninterested oil companies. In Iraq, where extracting oil is not technologically challenging and reserves are huge, PSAs don’t make sense—unless they are intended to benefit someone other than Iraqis.

IRAQ: NEW TORTURE PICTURES RELEASED

ICH: Horrific New Torture Pictures Released

MORE photographs have been leaked of Iraqi citizens tortured by US soldiers at the notorious Abu Ghraib prison on the outskirts of Baghdad.

CURRENCY WAR

AP: Syria switches from dollars to euros

DAMASCUS, Syria - Syria has switched the primary hard currency it uses for foreign goods and services from the U.S. dollar to the euro in a bid to make it less vulnerable to pressure from Washington.
The decree signed by Syrian Prime Minister Naji al-Otari on Monday ordered government bodies and public-sector companies to use euros to pay for foreign transactions, including payment for exports.

IRAN: ROAD TO WAR

Oxford Research Group: IRAN:CONSEQUENCES OF A WAR

This briefing paper provides a comprehensive analysis of the likely nature of US or Israeli military action that would be intended to disable Iran’s nuclear capabilities. It outlines both the immediate consequences in terms of loss of human life, facilities and infrastructure, and also the likely Iranian responses, which would be extensive.

An attack on Iranian nuclear infrastructure would signal the start of a protracted military confrontation that would probably grow to involve Iraq, Israel and Lebanon, as well as the USA and Iran. The report concludes that a military response to the current crisis in relations with Iran is a particularly dangerous option and should not be considered further. Alternative approaches must be sought, however difficult these may be.

Download printable Version (PDF)

USA: WAR ON THE INTERNET

ICH: The Pentagon’s War on the Internet

The Pentagon has developed a comprehensive strategy for taking over the internet and controlling the free flow of information. The plan appears in a recently declassified document, “The Information Operations Roadmap”, which was provided under the FOIA (Freedom of Information Act) and revealed in an article by the BBC. The Pentagon sees the internet in terms of a military adversary that poses a vital threat to its stated mission of global domination. This explains the confrontational language in the document which speaks of “fighting the net”; implying that the internet is the equivalent of “an enemy weapons system."

USA: GUANTANAMO

Telegraph: UN inquiry demands immediate closure of Guantanamo

A United Nations inquiry has called for the immediate closure of America's Guantanamo Bay detention centre and the prosecution of officers and politicians "up to the highest level" who are accused of torturing detainees.The UN Human Rights Commission report, due to be published this week, concludes that Washington should put the 520 detainees on trial or release them.

IRAN: ROAD TO WAR

The Telegraph: '10,000 would die' in A-plant attack on Iran

A major American attack on Iran's nuclear sites would kill up to 10,000 people and lead to war in the Middle East, a report says today.Hundreds of scientists and technicians would be targets in the opening salvos as the attacks focused on eliminating further nuclear development, the Oxford Research Group says in Iran: Consequences of a War.The research coincides with reports that strategists at the Pentagon are drawing up plans for "a last resort" strike if diplomacy fails. Plans for an assault have taken on "greater urgency" in recent months, The Sunday Telegraph said.

USA: CHENEY SHOOTS MAN

Editor and Publisher: More Questions Raised About Delay in Reporting Cheney Misfire

The more than 18-hour delay in news emerging that the Vice President of the United States had shot a man, sending him to an intensive care unit with his wounds, grew even more curious late Sunday. E&P has learned that the official confirmation of the shooting came about only after a local reporter in Corpus Christi, Texas, received a tip from the owner of the property where the shooting occured and called Vice President Cheney's office for confirmation.