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John Meriwether, formerly of Salomon Brothers, starts the process of collecting talented individuals to form a team to head a new hedge fund based on arbitrage deals surrounding government bonds. The “new” model will pull from George Soros’ Quantum fund tactics and high-level academic consultants to achieve possible gains in derivatives off fluctuations in the valuation of the government bonds. The fund will start with a $2-3 billion dollar investment fund, which, from its inception, will be managed by “some of Wall Street’s best traders and some of academia’s most influential minds.” (Hansell 9/15/1993)
After fleeing Qatar, Khalid Shaikh Mohammed (KSM) travels the world and plans many al-Qaeda operations. He previously was involved in the 1993 World Trade Center bombing, and the Operation Bojinka plot. (McGirk 1/20/2003) He is apparently involved in the 1998 US embassy bombings (see 10:35-10:39 a.m., August 7, 1998), the 2000 USS Cole bombing (see October 12, 2000), and other attacks. One US official later says, “There is a clear operational link between him and the execution of most, if not all, of the al-Qaeda plots over the past five years.” (McDermott, Meyer, and McDonnell 12/22/2002) He lives in Prague, Czech Republic, through much of 1997. (McDermott 9/1/2002) By 1999, he is living in Germany and visiting with the hijackers there. (Risen 6/8/2002; Risen 9/22/2002) Using 60 aliases and as many passports, he travels through Europe, Africa, the Persian Gulf, Southeast Asia and South America, personally setting up al-Qaeda cells. (McDermott, Meyer, and McDonnell 12/22/2002; McGirk 1/20/2003)
Graham Fuller, former Deputy Director of the CIA’s National Council on Intelligence, advocates using Muslim forces to further US interests in Central Asia. He states, “The policy of guiding the evolution of Islam and of helping them against our adversaries worked marvelously well in Afghanistan against [the Russians]. The same doctrines can still be used to destabilize what remains of Russian power, and especially to counter the Chinese influence in Central Asia.” Later in 1999, investigative journalist Richard Labeviere suggests that Fuller is revealing actual US foreign policy in Central Asia and comments, “the convergence of strategic and economic interests between the American government and Sunni Islam is doing just fine….” (Labeviere 1999, pp. 5-6)
Following visits to Israel by India’s foreign minister and home minister, senior Bharatiya Janata Party (BJP, or Indian Peoples Party) leader Jaswant Singh announces that the government will be strengthening India’s ties with Israel. He accuses previous governments of appeasing Muslims and playing politics with the national interest. Formal arrangements are made for coordinating national security affairs of the two countries. In the previous three years under the BJP government, over half a billion US dollars worth of military equipment has been purchased by India from Israel, including unmanned surveillance aircraft, anti-tank ammunition, and communications systems. The Indian Army chief made an official visit to Tel Aviv in March 1998. (Devraj 7/11/2000) The BJP is a right-wing party that is predominately Hindu. There have been reports of links between the BJP and Hindu nationalist organizations such as the Rashtriya Swayamsevak Sangh (RSS), and Hindu terrorists. (Bajoria 11/29/2008)
The Intergovernmental Panel on Climate Change (IPCC) releases its third assessment report on global warming, concluding that the planet’s atmosphere is warming faster than expected, and that evidence supports the theory that it is being caused by human activity. The study predicts that the world’s average surface temperature will rise 2.5 to 10.4 degrees Fahrenheit between 1990 and 2100. The IPCC’s 1995 estimate had only projected an increase of 1.8 to 6.3 degrees. The higher temperatures will cause glaciers to recede, pushing sea levels between 3.54 and 34.64 inches higher, the study says. Tens of millions of people living in low-lying areas will be displaced by the rising sea levels. The report also supports the conclusions of a 1998 study arguing that the last few decades of the twentieth century were warmer than any other comparable period in the last 1,000 years (see April 23, 1998). The IIPC’s 1,000 pages-plus report, written by 123 lead authors from all over the world, drew on the work of 516 contributing experts. At a news conference coinciding with the report’s release, IPCC chairman Robert Watson says, “We must move ahead boldly with clean energy technologies and we should start preparing ourselves for the rising sea levels, changing rain patterns and other impacts of global warming.” (Intergovernmental Panel on Climate Change 2001; Wu 1/22/2001)
An article published in Military Review, which bills itself as “the professional journal for the US Army,” states, “the Caspian Sea appears to be sitting on yet another sea—a sea of hydrocarbons.… The presence of these oil reserves and the possibility of their export raises new strategic concerns for the United States and other Western industrial powers. As oil companies build oil pipelines from the Caucasus and Central Asia to supply Japan and the West, these strategic concerns gain military implications.” (Scott 2007, pp. 20, 281)
Zalmay Khalilzad is appointed Special Assistant to the President and Senior Director for Gulf, Southwest Asia and Other Regional Issues on the National Security Council. Khalilzad was an official in the Reagan and George H. W. Bush administrations. During the Clinton years, he worked for Unocal. (US Department of State 2001; Sengupta and Gumbel 1/10/2002) He previously worked under Deputy Defense Secretary Paul Wolfowitz and helped him write a controversial 1992 plan for US world domination.(see March 8, 1992) (Weisman 3/23/2003) He was a member of the neoconservative think tank Project for the New American Century. The Asia Times notes, “It was Khalilzad—when he was a huge Taliban fan—who conducted the risk analysis for Unocal (Union Oil Company of California) for the infamous proposed $2 billion, 1,500 kilometer-long Turkmenistan-Afghanistan-Pakistan [TAP] gas pipeline.” (Escobar 12/25/2003) After 9/11, he will be appointed as special envoy to Afghanistan (see January 1, 2002) and then US ambassador to Afghanistan (see November 2003).
The Intergovernmental Panel on Climate Change (IPCC) releases its third assessment report concluding that evidence indicates that human activity is the major force behind global warming. “The report analyzes the enormous body of observations of all parts of the climate system, concluding that this body of observations now gives a collective picture of a warming world…. A detailed study is made of human influence on climate and whether it can be identified with any more confidence than in 1996, concluding that there is new and stronger evidence that most of the observed warming observed over the last 50 years is attributable to human activities.” The panel also notes in its report that “the globally averaged surface temperature is projected to increase by 1.4 to 5.8 degrees Celsius over the period 1990 to 2100.” Roughly 1,000 experts from around the world participated in the drafting, revising and finalizing of the report and approximately 2,500 helped review it. (Intergovernmental Panel on Climate Change 2001; CBS News 6/19/2003; Jackson 6/20/2003)
The Journal of Geophysical Research publishes a study by research meteorologists Richard Wetherald and Syukuro Manabe on how global warming might impact the hydrology of different regions. According to their computer model, high latitudes would experience higher run-off rates as a result of global warming. Winters would see higher soil moisture levels than winters currently do, while summers would see lower than normal soil moisture levels. Soil moisture in lower latitudes would be lower year-round, potentially leading to the expansion of deserts. (Wetherald and Manabe 2002)
Rabinder Singh, a senior officer in India’s Research and Intelligence Wing (RAW) defects to the US while under investigation for illegally passing classified documents to the CIA. It is suspected that high level colleagues in the RAW and CIA helped him to escape. (Times of India 6/9/2004) The Indian government believes that the defection is only the tip of the iceberg of infiltration of its intelligence agencies by the CIA and the Mossad. (Jane's International Security News 7/1/2004)
The Chicago Tribune publishes a multi-part series titled, “Pipeline to Peril,” summarizing its investigation of the human trafficking network that is supplying US military bases and private contractors in Iraq with cheap labor. The articles detail how Halliburton subsidiaries such as KBR are making use of over 200 illicit international human trafficking brokers for supplying cheap labor for the Iraq war effort, mainly from impoverished Asians. The brokers are often deceitful in their recruiting practices. For instance, they are reported to have promised jobs in luxury hotels in Jordan for the potential workers. The workers are required to pay hefty broker fees up front, and once trapped at halfway points in Jordan by those initial fees, they are informed that that they will be working in Iraq and their passports are confiscated. The article gives an example of twelve Nepalese workers who were kidnapped by Iraqi insurgents at gunpoint and later killed while traveling in an unprotected caravan across Iraq. (Simpson 10/9/2005)
A Central Intelligence Agency assessment conducted before Afghan President Hamid Karzai’s visit to Washington in late September 2006 warns that Karzai’s government is increasingly weak and unpopular, and is failing to exert authority and security beyond Kabul. (Rohde and Risen 11/5/2006)
The Aerospace Industries Association, along with representatives from the Boeing Company and the Northrop Grumman Corporation, meet with researchers at the Heritage Foundation to discuss plans to relax arms exporting rules so the industry can increase its sales of weapons to foreign countries. They are drafting a new export control law that they hope Congress will take up next year. (Aerospace Industries Association 10/2006 ; Wayne 11/1/2006)
Oxfam publishes a report concluding that poor people in developing nations are dying needlessly because drug companies and the governments of certain wealthy nations are putting a higher priority on defending intellectual property rights than protecting human life. According to the report, the United States has used free-trade agreements and threats of sanctions to prevent countries from producing and distributing low-cost generic drugs in order to preserve the monopolies of large drug companies. Likewise, the drugs makers themselves are pushing countries to prevent the sale of cheaper drugs. “Pfizer is challenging the Philippines government in a bid to extend its monopoly on Norvasc, a [blood] pressure drug. Novartis is engaged in litigation in India to enforce a patent for Glivec, a cancer drug, which could save many lives if it were available at generic prices,” the Guardian reports. The Oxfam report says that efforts to block the poor’s access to affordable medicine undermines the five-year old Doha declaration, which sought to improve poor countries’ access to cheap drugs. “[R]ich countries have failed to honor their promises. Their record ranges from apathy and inaction to dogged determination to undermine the declaration’s spirit and intent. The US, at the behest of the pharmaceutical industry, is uniquely guilty of seeking ever higher levels of intellectual property protection in developing countries,” the report says. (Boseley 11/14/2006; Oxfam 11/14/2006 )
The UN’s Intergovernmental Panel on Climate Change issues a summary of its fourth report concluding for the first time that global warming is “unequivocal.” The authors of the report also conclude that there is a 90 percent likelihood that greenhouse gases produced as a result of human activities have been the main cause of global warming since 1950. In its last report (see January 22, 2001), the panel made the same assessment, but with a confidence level of only 66 to 90 percent. The 20-page summary, meant for policymakers, will be followed by four technical reports that will be completed and published later in the year. The panel’s conclusions are based on “a three-year review of hundreds of studies of past climate shifts; observations of retreating ice, warming and rising seas, and other changes around the planet; and a greatly expanded suite of supercomputer simulations used to test how the earth will respond to a growing blanket of gases that hold heat in the atmosphere,” the New York Times reports.
Partial list of conclusions -
Global temperatures will increase 3.5 to 8 degrees Fahrenheit if carbon dioxide concentrations in the atmosphere attain levels twice that of 1750, before the Industrial Revolution.
Concentrations of carbon dioxide have reached a level not seen during the last 650,000 years, and the rate of increase is beginning to accelerate.
Even a moderate warming of the global climate would likely result in significant stress to ecosystems and change longstanding climate patterns that influence water supplies and agricultural production.
Sea levels will likely rise between 7 and 23 inches by 2100 and continue rising for at least the next 1,000 years.
“It is very likely that hot extremes, heat waves, and heavy precipitation events will continue to become more frequent.”
The panel expects that precipitation will increase at higher latitudes, while rainfall will likely decrease at lower latitudes. Semi-arid subtropical regions could see 20 percent less rain.
Oceans will absorb billions of tons of carbon dioxide which will form carbonic acid, thus lowering the pH of seawater and harming certain kinds of marine life such as corals and plankton.
If the level of greenhouse gases continues to grow, average temperatures by the end of the century could reach temperature not seen since 125,000 years ago when ocean levels were 12 to 20 feet higher than they are now. Much of that extra water is currently locked in the ice sheets of Greenland and Antarctica, which are beginning to melt. While there is evidence that the glaciers and ice sheets in the Arctic and Antarctic could flow seaward far more quickly than current estimates predict, the climate change panel did not include this in its assessment because it is forbidden by its charter to engage in speculation. According to Michel Jarraud, the secretary general of the United Nations World Meteorological Organization, “the speed with which melting ice sheets are raising sea levels is uncertain, but the report makes clear that sea levels will rise inexorably over the coming centuries. It is a question of when and how much, and not if.”
The harmful consequences of global warming can be lessened if governments take prompt action.
Achim Steiner, executive director of the United Nations Environment Program, which administers the panel along with the World Meteorological Organization, says: “In our daily lives we all respond urgently to dangers that are much less likely than climate change to affect the future of our children. Feb. 2 will be remembered as the date when uncertainty was removed as to whether humans had anything to do with climate change on this planet. The evidence is on the table.”
John P. Holdren, an energy and climate expert at Harvard, who is the president of the American Association for the Advancement of Science, says the report “powerfully underscores the need for a massive effort to slow the pace of global climatic disruption before intolerable consequences become inevitable.… Since 2001, there has been a torrent of new scientific evidence on the magnitude, human origins and growing impacts of the climatic changes that are under way. In overwhelming proportions, this evidence has been in the direction of showing faster change, more danger and greater confidence about the dominant role of fossil-fuel burning and tropical deforestation in causing the changes that are being observed.”
Richard B. Alley, one of the lead authors and a professor at Pennsylvania State University, says: “Policy makers paid us to do good science, and now we have very high scientific confidence in this work—this is real, this is real, this is real. The ball’s back in your court.” (Intergovernmental Panel on Climate Change 2/2/2007 ; Revkin 2/3/2007; Conner 2/3/2007)
An Israeli spy satelite is launched by the Indian Space Research Organization (ISRO), signaling a continuing realignment of India with Israel and the US as well as straining relations with Iran and the Arab states. On the same day, Iran’s ambassador in New Delhi condemns India’s collaboration with Israel on the covert project, and accuses the United States and Israel of trying to create tensions in the region. Achin Vanaik, professor of international relations and global politics at Delhi University, later says, “India has recently allowed its new strategic relationship with the US and Israel to prevail over its traditional friendship with Iran.” The satellite incident is only the latest in a series of major arms, technology, and intelligence deals between India and Israel, including, according to sources, training of India’s external intelligence agencies by the Mossad. (Bidwai 2/8/2008) India has agreed to launch two more spy satellites for Israel in exchange for receiving some of the image intelligence gathered. (Kahn 2/25/2008)
Bombs explode in crowded places in the towns of Malegaon and Modasa, killing five people. The Bharatiya Janata Party (see July 2000) promptly condemns the attacks. Islamist groups are initially suspected, partly because one of the bombs was placed on a motorcycle that had Islamist stickers attached. The police investigation, however, traces the motorcycle to a member of the Jagran Manch, a Hindu extremist organization with reported links to the BJP. (Nair 10/22/2008; Indian Express 10/24/2008)
The Indian Anti-Terrorism Squad (ATS) arrests Lieutenant Colonel Shrikant Purohit as the ninth person taken into custody in connection with the Malegaon bombings (see September 29, 2008). Others arrested include retired Major Ramesh Upadhyay and Pragya Singh Thakur, a Hindu nun. Thakur is a former member of the students’ wing of the Bharatiya Janata Party (BJP—see July 2000). She is also a former member of the national executive of the Akhil Bharatiya Vidyarthi Parishad (ABVP), the students’ wing of the Rashtriya Swayamsevak Sangh (RSS) which is the leading Hindu nationalist organization in India. (Hafeez and Sonawane 11/5/2008; Kumar 11/11/2008) ATS officials say that Purohit used military intelligence funds and resources to execute the bombings. They also ask the court for permission to interrogate a “high profile leader” who is rumored to be Yogi Adityanath, a BJP Member of Parliament. (Indo-Asian News Service 11/11/2008) ATS Chief Hermant Karkare states that the ATS has sufficient evidence to convict Purohit, and that the case will go to court. (Tehelka 12/6/2008) Investigators say that Purohit and Upadhyay were both members of Abhinav Bharat, a Hindu nationalist organisation. The BJP initially distances itself from the accused, but then changes tack and defends and offers to provide legal support for Thakur. (Page 11/8/2008)
In his first speech to the General Assembly at United Nations headquarters, President Obama says all nations bear responsibility for addressing the global problems of nuclear proliferation, war, climate change, and economic crises. “We must build new coalitions that bridge old divides,” Obama says. “All nations have rights and responsibilities—that’s the bargain that makes [the UN] work.” Obama acknowledges that high expectations accompanying his presidency are “not about me,” adding that when he took office at the beginning of the year: “Many around the world had come to view America with skepticism and mistrust. No world order which elevates one nation above others can succeed in tackling the world’s problems. Those who used to chastise America for acting alone in the world cannot now stand by and wait for America to solve the world’s problems alone.” Obama devotes a considerable portion of his speech to discussing the challenges inherent in finding a peaceful solution to settlements in the Middle East. He calls for the resumption of Israel-Palestine negotiations “without preconditions,” and also uses his speech to indicate that the US has returned to the global arena as a team player.
Warm but Restrained Reception - Although warmly received, applause appears slightly restrained, perhaps an indication that expectations for the Obama presidency are becoming more realistic, given the global problems with which most nations now struggle. UN Secretary General Ban Ki-moon opens the 64th Session’s proceedings by saying, “Now is the time to put ‘united’ back into the United Nations.”
Followed by Libyan Leader - Libya’s President Mu’ammar al-Qadhafi follows Obama and speaks for over an hour, vehemently criticizing the UN’s power structure as uneven, archaic, and unjust. From a copy of the preamble to the UN Charter, al-Qadhafi reads: “It says nations are equal whether they are small or big—are we equal in the permanent seats? No, we are not equal. Do we have the rights of the veto? All nations should have an equal footing. For those who have a permanent seat, this is political feudalism. It shouldn’t be called the Security Council; it should be called the Terror Council.” Despite reigning in Libya for over 40 years, this is al-Qadhafi’s first UN General Assembly speech. (BBC 9/23/2009)
The Qatari Mohamed Bin Hammam is re-elected president of the Asian Football Confederation (AFC) at the organization’s congress in Doha, Qatar. Bin Hammam has already held the position for two terms. Another result of the AFC elections is that the South Korean Chung Mong-Joon loses his position as vice president of FIFA, being replaced by Prince Ali Bin Al Hussein of Jordan. Chung was known as a critic of FIFA president Sepp Blatter, although it is unclear whether Hussein will offer Blatter any support. (Guardian 1/6/2011)