Grexit Option Looms with Bailout Expiry

By Asad Ismi In a stunning victory on January 25, the leftist Syriza party won Greece’s national elections by a wide margin, earning just short of a majority of seats in parliament. Syriza campaigned on a promise to end the austerity measures (privatization, wage constraints, public service layoffs, etc.) that were a condition on 240 […]

Capitalism is the Crisis (Part 4): Protests in Greece Expose Failure of Capitalism in Europe

By Asad Ismi During November 2012, Europe erupted in anti-austerity demonstrations, with protestors clashing violently with police in Spain and Portugal, where general strikes were declared. Millions of European Union (EU) workers participated in the demonstrations, which have spread to Italy, France, and Belgium. Greece has also been paralyzed by many intermittent strikes over the […]

U.S. Sanctions On Iran Could Escalate Into Nuclear Warfare: Fear of Dollar Losing Dominance Fuels U.S. Sabre-Rattling

By Asad Ismi As I write this article (in mid-January), Iran and the United States appear headed towards a war that could escalate into World War III, perhaps even with an exchange of nuclear weapons. The U.S. has accused Iran of developing such weapons and gives this as a reason for imposing economic sanctions on […]

Syrian Dictatorship Uses Brute Force on Peaceful Protesters: Western Intervention Has Made Syrian Conflict Worse

By Asad Ismi Encouraged by the success of the revolutions in Egypt and Tunisia, many thousands of Syrians have been demonstrating against the dictatorial regime of Bashar al-Assad since mid-March. The protestors are calling for Assad to step down and allow democratic elections. Their demonstrations, however, have been met by brute force by the regime’s […]