Sunday, 4 February 2024

Covert Regime Change: An Integral Part of US Foreign Policy

A little deeper peep into the history shows that a principal instrument of US foreign policy is covert regime change. Under this an action is taken by the US government to bring down the government of the target country.

The key to covert operations of course is that these are secret and deniable by the US government. Even when the evidence comes to light, the US government rejects the authenticity of the evidence and the mainstream media generally ignore the story because it contradicts the official narrative.

The editors of mainstream outlets don’t want to peddle in conspiracy theories, or are simply happy to be the mouthpieces for officialdom; they give the US government a very wide berth for actual regime change conspiracies.

Covert regime change by the US is shockingly a routine. One authoritative study by Boston University professor Lindsay O’Rourke counts 64 covert regime change operations by the US during the Cold War (1947 and 1989), and in fact the number was far larger because she chose to count repeated attempts within one country as a single extended episode.

US regime change operations have remained frequent, such as when President Barrack Obama tasked the CIA (Operation Timber Sycamore) with overthrowing Syria’s President Bashar al-Assad. That covert operation remained secret until several years after the operation, and even then, was hardly covered by the mainstream media.

The great mantra of US foreign policy, and the activating principle of the CIA, is that a foreign leader is either with us or against us. Leaders who try to be neutral amongst the great powers are at dire risk of losing their positions, or even their lives, at US instigation, since the US does not accept neutrality.

Leaders seeking neutrality dating back to Patrice Lumumba (Zaire), Norodom Sihanouk (Cambodia), Viktor Yanukovych (Ukraine), and many others, have been toppled with the not so hidden hand of the US government.

Saturday, 3 February 2024

Pakistan Stock Exchange witnesses 25%WoW decline in trading volume

During the week ended on February 02, 2024 activities at Pakistan Stock Exchange remained somewhat subdued. Overall trading volume declined 25%WoW, momentum largely driven by news-based events, particularly in the energy sector.

Monetary Policy decision came in as expected, with the central bank vowing to keeping rates unchanged, citing potential room for future easing, given that real interest rates are projected to remain positive over the next 12 months.

CPI for January was reported at 28.34%YoY, largely on account of positive energy and food price adjustments during the month.

Pakistan’s foreign exchange reserves declined by US$55 million to US$8.22 billion. PKR continued to strengthen against the greenback, ending the week at PKR279.41/USD.

Motor Gasoline and Diesel prices were raised, attributed to higher shipping premiums due to increased risks associated with conflict in the Middle East.

Average trading volumes declined by 25%WoW to 312.8 million shares, from 415.8 million shares traded a week ago. The benchmark index lost 810 points during the week, depicting a 1.27%WoW decrease.

Other major news flows during the week were: 1) Pakistan asking China to rollover US$2 billion debt, 2) six-month budget deficit rising to 2.3% of GDP, 3) IMF lowering Pakistan’s GDP growth projection to 2% for current fiscal year, 4) persisting inflation challenges, and 5) rising Kibor.

Sector-wise, Exchange traded funds and Transport were amongst the top performers, whereas Automobile parts & Accessories, Chemical and OMC were amongst the worst performers.

While major net selling of US$9.7 million was recorded by Foreigner, Insurance companies absorbed most of the selling with a net buy of US$7.0 million.

Top performing scrips during the week were: MTL, OGDC, UNITY, MCB, and AKBL, while laggards included: YOUW, PTC, COLG, KEL, and PGLC.

Next week will be overshadowed by elections, and market participation is expected to remain subdued.

Following the successful completion of the elections, the market is anticipated to gain momentum.

Furthermore, circular debt settlement plan and industrial tariff rationalization plan, if passed through the IMF node, is likely to boost investors’ confidence.

Overall, analysts maintain a bullish outlook on the Banks, E&P, and OMC sectors, anticipating opportunities for potential earnings growth and attractive Dividend Yields.

We don’t know’ if Iran was involved in Jordan drone attack, says Austin

Secretary of Defense Lloyd Austin on Thursday admitted the US does not know if Iran was operationally involved in the drone attack in Jordan that killed three American soldiers. On the same day, US officials told CBS News that plans have been approved for strikes against Iranian personnel and facilities in Iraq and Syria.

When asked by a reporter how much Iran knew about the Jordan drone attack or if it was operationally involved, Austin said, “You know, we believe that this was done by an element of what is known as the Axis of Resistance, and these are Iranian proxy groups. And how much Iran knew or didn’t know, we — we don’t know, but it really doesn’t matter because Iran sponsors these groups.”

The US has said it believes the Islamic Resistance in Iraq, an umbrella group of Iraqi militias, was responsible for the attack.

Kataib Hezbollah announced Tuesday it was suspending attacks on US troops in Iraq and Syria, which was the result of pressure from the Iraqi government and Iran, making it clear Tehran does not seek more escalations in the region.

On Thursday, Reuters reported that Iran was reducing its presence in Syria after Israeli airstrikes on Damascus killed five members of the Islamic Revolutionary Guards Corps (IRGC) on January 20. In December, Israel killed a senior IRGC officer who was based in Syria.

However, sources told Lebanon’s Al Mayadeen that it was not true that Iran scaled back its deployment of IRGC officers in Syria. But the sources indicated Iran was taking some steps for protection, with one saying that Iranian advisors have been asked to remain in Syria, but without their families.

Iran has vowed it would respond to any US attacks, whether they’re inside Iran or against Iranians elsewhere in the region. The US officials speaking to CBS said the plans to strike Iranians would be carried out over a number of days.

Austin told reporters that the US was planning a “multitiered response” but did not publicly say what the targets will be. We have the ability to respond a number of times depending on what the situation is, he said.

 

Friday, 2 February 2024

Democracy in Pakistan on Rough Terrain

Pakistan has survived many odds but the recent phenomenon of growing extremism, sectarian killing, elimination of political opponents and even the killing of doctors and academicians seems part of the grand agenda to plunge the country deep into anarchy. If the road to democracy leads from here, then it is quite a rough terrain.

Among the South Asian countries, Pakistan has the second largest population after India. Both the countries got independence from the British Raj with a difference of one day in August 1947. While India has earned the distinction of becoming a secular state and one of the largest democracies of the world, Pakistan has spent most of its time under autocratic rule, both military and civilian.

The younger generation often wants to know the reasons for the continuity of democratic rule in India and Pakistan staying under military rule for a very long time.

They also wish to understand the logic behind the ‘Charter of Democracy’ (CoD) that was signed between two of Pakistan’s largest political parties, PPP and PML-N.

There exist two opposite opinions about the CoD: first, it is an understanding reached between two political parties to avoid yet another military rule. Second, under the prevailing geo-political situation, the superpowers wish to keep the reins in the hands of elected representatives rather than supporting any military rule.

Some cynics say that political parties have learnt a lesson from the assassination of three elected Prime Ministers i.e. Liaquat Ali Khan, Zulfikar Ali Bhutto and Benazir Bhutto.

They also believe that PPP and PML-N now regret lack of understanding among themselves which led to dismissal of the governments of Nawaz Sharif and Benazir Bhutto. Nawaz Sharif has earned the distinction of being elected prime minister for the third time after the assassination of the charismatic leader, Benazir Bhutto.

Analysts watching geopolitics stringently believe that superpowers install and topple regimes around the world to pursue their foreign policy agenda and Pakistan is no exception.

The most talked about personalities are Anwar Sadat of Egypt, Benigno Aquino of the Philippines, Saddam Hussain of Iraq and General Zia ul Haq of Pakistan. All these political leaders were assassinated once the missions assigned to them were accomplished.

To this list, names of Indra Gandhi, prime minister of India and two Prime Ministers of Bangladesh, Sheikh Mujeeb ur Rehman and Zia ur Rehman could also be added. Sri Lanka has also been a victim of this tyranny.

While it is almost impossible to analyze Pakistan’s history spread over more than seven decades, one point is very clear – that the three military rulers were installed by the superpowers to maintain their hegemony in the region.

The rule of General Mohammad Ayub Khan (1958 to 1969) was facilitated because of the cold war. At that time Pakistan was made part of the South East Asia Treaty Organization (SEATO) and the Central Treaty Organization (CENTO), US-led defense pacts against communism.

After the fall of Dacca, Pakistan had no option but to pull itself out of SEATO during the regime of Zulfikar Ali Bhutto and CENTO died its natural death in 1979.

At one time, the USSR was highly annoyed and wanted to attack Pakistan because US spy planes were using an airbase located near Peshawar to snoop over the Soviet Union.

The second military regime of Zia ul Haq (1977 to 1988) was support by the US in the name of averting a Soviet attack on Afghanistan, termed an attempt by the USSR to get access to warm waters. The Afghan war, spread over nearly a decade, was fought from Pakistan’s GHQ and religious parties were given money to prepare the breed of Mujahedeen, now often referred to as the Taliban.

Once the decision was made to pull out the US-led troops in the belief that the USSR had been defeated, the entire military junta of the time became redundant. Zia ul Haq and his close generals died when their plane was blown up.

The killers were so desperate that one of the youngest and most outstanding ambassadors of the US and a Brigadier General also died as they were travelling with Zia ul Haq and other generals on the plane.

It is often said that General Pervez Musharraf took over after a failed attempt of the then prime minister Nawaz Sharif to get rid of him by not allowing his plane to land in Pakistan. But some cynics say Nawaz Sharif provided an opportunity to the military to topple his government.

The superpowers may not have liked Pervez Musharraf initially but he became their darling after he decided to become a partner in the US war against the Taliban regime in Afghanistan.

Pervez Musharraf got ‘red carpet’ receptions in the US and other western capitals for being their frontline partner in ‘war against terrorism’. He was kept in power till the decision was made to withdraw the majority of NATO troops from Afghanistan by 2014.

To give legitimacy to his rule, general elections were held in Pakistan. His exit from power looked a little strange to those who are not familiar with ‘conspiracy theories’. Some critics say he had also become redundant like Zia ul Haq.

The formation of an elected government under Pervez Musharraf was a replica of the elected government led by Mohammad Khan Junejo, which was termed a ‘legitimization of the Zia regime’ but an unceremonious dismissal of the Junejo government opened the Pandora’s Box.

Pakistan’s joining hands with the US during the Zia era to repel the USSR and fighting a proxy war in Afghanistan gave various ‘gifts’ to the country. These included – religious extremism, drugs and arms.

The presently prevailing precarious law and order situation in Pakistan can be termed as a combination of these stated elements. The democracy as prevalent today is also a hostage of these elements.

Some political analysts say that during the latter part of his regime and prior to the general elections, Pervez Musharraf was advised by the superpowers to join hands with Benazir Bhutto to ensure continuity of democratic rule in the country as this could also prolong his rule.

Prior to her landing in Pakistan, Benazir Bhutto was told to join hands with Pervez Musharraf. But serious differences emerged between Benazir Bhutto and Pervez Musharraf. She was later assassinated and her widower Asif Ali Zardari replaced Pervez Musharraf as the President of Pakistan.

It looked like a reenactment of the assassination of Benigno Aquino in the Philippines and his widow Cory Aquino becoming president of the country.
Though, the inference is highly sordid but the fact is that politicians in Pakistan know it very well that if they wish to come to power, they have to pursue the agenda of superpowers.

It is often an elected or autocratic government but it remains in power due to the external support that includes financial assistance from multilateral donors like IMF, World Bank and Asian Development Bank or arms supplied in the name of ‘maintaining minimum deterrence level’ against Pakistan’s enemies.



 

US attacks targets in Iraq and Syria

Ever since we started posting these blogs in 2012, it has been highlighted that the United States initiates proxy wars, mainly to sell its arms. After the commencement of killing of Gazans by Israel, also supported by the Biden administration, the US hegemony in the Middle East seems to be ending, but the super power remains adamant at keeping its military complexes operating at full capacities.

It was anticipated that sooner than later the US, in the name of retaliations, would start attacking sites in Iraq and Syria, alleging that these belong to Iran-supported militants.

On February 01, we had posted a blog titled, “Are United States and Iran already at war?” Today, Reuters has reported that the US military launched airstrikes on Friday in Iraq and Syria against more than 85 targets, spanning seven locations, four in Syria and three in Iraq, in retaliation for last weekend's attack in Jordan that killed three US troops.

The strikes targeted the Quds Force - the foreign espionage and paramilitary arm of the IRGC that heavily influences its allied militia across the Middle East, from Lebanon to Iraq and Yemen to Syria.

US Lieutenant General Douglas Sims, the director of the Joint Staff, said the attacks appeared to be successful, triggering large secondary explosions as the bombs hit militant weaponry, though it was not clear if any militants were killed.

The strikes, which included the use of long-range B-1 bombers flown from the US, are the first in a multi-tiered response by President Joe Biden's administration, and more US military operations are expected in the coming days.

While the US strikes did not target sites inside Iran, they signal a further escalation of the conflict in the Middle East from Israel's more than three-month-old war with Hamas in Gaza.

The US military said in a statement that the strikes hit targets including command and control centers, rockets, missiles and drone storage facilities, as well as logistics and munition supply chain facilities.

Syrian state media said on Friday that an American aggression on sites in its desert areas and at the Syrian-Iraqi border resulted in a number of casualties and injuries.

The Iraqi military said the strikes were in the Iraqi border area and warned they could ignite instability in the region.

"These airstrikes constitute a violation of Iraqi sovereignty, undermine the efforts of the Iraqi government, and pose a threat that could lead Iraq and the region into dire consequences," Iraqi military spokesman Yahya Rasool said in a statement.

The United States has assessed that the drone that killed the three soldiers and wounded more than 40 other people was made by Iran.

"Our response began today. It will continue at times and places of our choosing," Biden said in a statement. Earlier on Friday, Biden and Pentagon leaders had attended the Dover Air Force Base in Delaware as the remains of the three soldiers were returned.

Pentagon said it does not want war with Iran and does not believe Tehran wants war either, even as Republican pressure has increased on Biden to deal a blow directly.

The top Republican on the Senate Armed Services Committee, Roger Wicker, criticized Biden for failing to impose a high enough cost on Iran, and taking too long to respond.

Before the retaliatory strikes on Friday, Iranian President Ebrahim Raisi said that Iran would not start a war but would respond strongly to anyone who tried to bully it.

White House national security spokesman John Kirby said the Biden administration had not communicated with Iran since the Jordan attack.

Baghdad and Washington, meanwhile, have agreed to set up a committee to start talks on the future of the US-led military coalition in Iraq, with the aim of setting a timetable for a phased withdrawal of troops and the end of the US-led coalition against Islamic State.

 

 

 

 

 

Gazans fear Israeli assault on last refuge

Israeli forces shelled the outskirts of the last refuge on the southern edge of the Gaza Strip on Friday, where the displaced, penned against the border fence in their hundreds of thousands, said they feared a new assault with nowhere left to flee.

More than half of Gaza's 2.3 million residents are now homeless and crammed into Rafah. Tens of thousands more have arrived in recent days, carrying belongings in their arms and pulling children on carts, since Israeli forces launched one of the biggest assaults of the war last week to capture adjacent Khan Younis, the main southern city.

If the Israeli tanks keep coming they will be left with two choices: stay and die or climb the walls into Egypt.

Most of Gaza's population are in Rafah. If the tanks storm in, it will be a massacre like never before during this war."

Israeli Defence Minister Yoav Gallant said late on Thursday that troops would now turn to Rafah, which along with Deir al-Balah just north of Khan Younis is among the last remaining areas they have yet to storm in an almost four-month assault.

"We are achieving our missions in Khan Younis, and we will also reach Rafah and eliminate terror elements that threaten us," Gallant said in a statement.

As the only part of Gaza with access to the limited food and medical aid trickling across the border, Rafah and nearby parts of Khan Younis have become a warren of makeshift tents clinging to the winter mud. Wind and cold weather added to the misery, blowing tents down, flooding them and the ground between them.

"Rafah is a pressure cooker of despair, and we fear for what comes next," Jens Laerke, spokesperson for the UN. Office for the Coordination of Humanitarian Affairs, told a briefing in Geneva.

Israel says Hamas must be eradicated before it pulls its troops out of Gaza or frees detainees. Hamas says it will not sign any truce deal unless Israel agrees to pull out and end the war.

Thursday, 1 February 2024

Can Biden win hearts of Arab Americans?

US President Biden sought to lean into his strengths during a Thursday trip to Michigan, even as the discontent among the state’s large Arab American population over his handling of the situation in Gaza loomed over the visit.

The tensions Biden is facing with Arab American voters in Michigan lurked just on the periphery of his visit.

Biden’s itinerary did not take him into Dearborn, where Arab Americans make up a majority of the population, nor did it include any meetings with Arab American leaders.

Rashida Tlaib, one of the most outspoken critics of the war in Gaza and who represents a nearby district, did not accompany Biden on the trip.

Community members gathered Wednesday night in nearby Dearborn to protest Biden’s visit. They congregated near the union hall in Warren waving Palestinian flags and carrying signs that read “Abandon Biden”.

The publicly available White House schedule for Thursday’s trip was vague. White House press secretary Karine Jean-Pierre told reporters she was not aware of any particular concerns.

“I do want to say, more broadly, that the president has met with Americans with varying opinions about the conflict between Israel and Hamas,” she said aboard Air Force One. “Officials at the White House are also in regular contact with Muslim and Arab American leaders in Michigan and across the country.”

Jean-Pierre said senior Biden administration officials will travel to Michigan in the coming days to hear directly from community leaders on a range of issues that are important to them and their families, including the conflict in Israel and Gaza.

Biden has been grappling with frustration among Arab Americans and other voters who have been outraged by his handling of the Israel-Hamas war.

Biden has steadfastly supported Israel’s right to respond to the Hamas attacks and has rebuffed calls for a cease-fire, instead pushing for humanitarian pauses to allow supplies into Gaza and for the release of hostages and urging Israel to minimize the impact on civilians.

Protesters have followed Biden wherever he has traveled, disrupting unrelated events to call for a cease-fire and condemn his handling of the situation in Gaza.

Biden’s support among Arab American voters plunged to just 17 percent in October, just after the war started, with 25 percent in a poll conducted by the Arab American Institute saying they weren’t sure who they would vote for if the election were held then.

Michigan is a crucial swing state, one Biden carried in 2020 by 154,000 votes against Trump. But recent polling out of the state has shown him trailing Trump narrowly. A Bloomberg/Morning Consult poll released Wednesday showed Trump ahead there by 5 percentage points.