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North Korea was a test-run for the United States' new strategy of "shock and awe" financial sanctions against Iran. On March 20, Washington initiated two acts of war: one against
Iran's banks and one against any financial institution anywhere in the world that tries to do business with an Iranian bank. The next step is to designate Iran's central bank as a financial
criminal; the impact of this will be the financial equivalent to the first bombs falling on Baghdad in 2003. - John McGlynn (Mar 31, '08)
Pakistani Prime Minister Yousuf Raza Gillani has boldly asserted that from now on parliament will handle all matters of national security, including the all-important "war on terror".
President Pervez Musharraf and the military, backed by the United States, have other ideas, and they could use the issue of the reinstatement of the judiciary to make this clear. - Syed
Saleem Shahzad (Mar 31, '08)
Responding to the Atlas-sized problems that drop into the mail box, Spengler dispenses advice to the leader of an emerging superpower dealing with pesky separatists. Pearls of
wisdom, too, for an American presidential hopeful ducking and weaving over religion and race, and a burned-out banker charged with bailing out a faltering financial system. (Mar 31,
'08)
Senator Barack Obama's supporters want Hillary Clinton to drop out of the US presidential nomination race. But the Democrats have a better chance of winning the White House if the
losing candidate decides when to jump off the campaign trail rather than getting pushed. - Muhammad Cohen (Mar 31, '08)
The struggle between Iraqi forces and Muqtada al-Sadr's Mahdi Army calls into question the US's new counterinsurgency doctrine (COIN) and bodes ill for the country's stabilization.
Prime Minister Nuri al-Maliki has made a big gamble - if the fighting causes more misery in southern Iraq, his government will be doomed by its chief constituency. - Ehsan M Ahrari
(Mar 31, '08)
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