8 Oct 2016

Knight Visiting Nieman Journalism Fellowships at Harvard University 2017

Application Deadline: 14th October 2016
Eligible Countries: All
To be taken at (country): USA
About the Award: The Knight Visiting Nieman Fellowships at Harvard offer short-term research opportunities to individuals interested in working on special projects designed to advance journalism in some new way. Candidates need not be practicing journalists, but must demonstrate the ways in which their work at Harvard and the Nieman Foundation may improve the prospects for journalism’s future.This may be related to research, programming, design, financial strategies or another topic. Both U.S. and international applicants are invited to apply.
Type: Fellowship
Eligibility: 
  • In addition to working journalists, those who should consider applying includepublishers, programmers, designers, media analysts, academics and others interested in enhancing quality, building new business models or designing programs to improve journalism;
  • All applicants for academic-year Nieman Fellowships, including freelancers, must be working journalists with at least five years of full-time media experience. Journalism-related work completed as a university student does not count as professional experience. Professionals who work in public relations or in a position whose primary focus is not the media are not eligible to apply.
  • During the two years prior to applying, an applicant should not have participated in a fellowship lasting four months or longer.
  • Candidates nominate themselves for Nieman Fellowships by submitting an application and supplementary materials. There are no age limits or academic prerequisites, and a college degree is not required.
  • After candidates have been chosen, they must agree in writing to honor all leave stipulations made with their employers; to refrain from professional work during the fellowship year, except as approved by the Nieman curator; and to complete work in a minimum of one course per semester and honor commitments made to faculty as a condition of auditing a class.
  • All visiting fellows are expected to be in residence in Cambridge during their study andpresent their findings to the Nieman community at the end of their research period;
  • There are no academic prerequisites, and a college degree is not required;
Value of Fellowship: 
  • Recipients of short-term Knight Visiting Nieman Fellowships receive a stipend prorated for the length of their fellowships as well as free housing for the length of their stay at Harvard.
  • In addition to a monthly stipend, fellows receive modest housing, childcare and health insurance allowances, depending on the size of their families.
Selection Process: Successful applicants are invited to the Nieman Foundation for a period ranging from a few weeks to three months, depending on the scope of the project. Knight Visiting Nieman Fellows have access to the extensive resources at Harvard and throughout Cambridge, including local scholars, research centers and libraries. Successful applicants also have the opportunity to work withNieman Fellows and the various projects housed at the Nieman Foundation, including Nieman Reports, Nieman Journalism Lab, and Nieman Storyboard.
Number of Awardees: Not specified
How to Apply: To apply online, create an account using your preferred email address. You may save your information and return as many times as you like prior to the application deadline.
It is important to go through the FAQ and Application requirements before applying
Award Provider: Harvard University

University of Tokyo Masters and PhD Scholarships for International Students 2017/2018

Application Deadline: 
  • 1st October – 31st October, 2016  For those entering in April
  • 1st April – 1st May, 2017  For those entering in September
The application must arrive no later than the last day of each application period without fail.
Offered annually? Yes
Eligible Countries: International
To be taken at (country): Japan
Eligible Field of Study: Courses in the Graduate School of Science
About the Award: The purpose of this scholarship is twofold: to financially support Self-Supported International Students whose academic performance is outstanding and to increase the number of students from abroad.
Type: Masters
Eligibility: Self-Supported Students with excellent grades who pass the entrance examination for the Master’s Program at the Graduate School of Science and who newly come to Japan as a student will qualify and enter the program in either April or September 2017. Priority goes to UTRIP(University of Tokyo Research Internship Program)participants. Recipients of other scholarships starting from April or September 2017 are not eligible. There is a possibility that an applicant might be required to withdraw from this scholarship if the applicant is deemed to be the recipient of another scholarship
Selection Process: Among the applicants who submitted Application documents, the Selection Committee will select and nominate candidate(s) to the Dean. The recipient will be decided by the Dean based on the nomination from the Selection Committee. The notification will be sent to the applicant by e-mail in one month after the acceptance letter for the Master’s Program is sent out
Number of Awardees: A few(Enrolling in April or September)
Value of Scholarship: 150,000 yen monthly stipend. The stipend will be paid into the bank account quarterly after getting the confirmation of enrollment.
Duration of Scholarship: From April/September, 2017 to March/August, 2022
How to Apply: Applicants should submit the application documents (see below) to the International Liaison Office at the Graduate School of Science by post at the time of their Graduate School application for admission into the Master’s Program.
Mailing Address: found in the link below
Application Documents:
  • Graduate School of Science Scholarship for International Students 2017 Application Form: 1 original copy (see link below)
  • One letter of recommendation for the Graduate School of Science Scholarship application from a faculty member of your college or university
Award Provider: University of Tokyo

Fully-Funded Scholarships for African Students at Georgetown University USA 2017/2018

Application Deadline: For fall 2016 is January 15, 2017.
Offered annually? Yes
Eligible Countries: Special consideration will be given to applicants from: Côte d’Ivoire, Ghana, Kenya, Liberia, Nigeria, Senegal, South Africa.
To be taken at (country): Georgetown University, USA
Brief description: The Master of Science in Foreign Service (MSFS) at Georgetown University USA is offering a full-tuition scholarship for a talented graduate student from sub-Saharan Africa 2017/2018
Eligible Field of Study: Master of Science in Foreign Service
About Scholarship
MSFS is a two-year, full-time graduate degree program in international affairs. Students will take courses in international relations, international trade, international finance, statistics and analytical tools and history. In addition, students choose an area of concentration such as International Relations and Security, International Development or International Business.
Georgetown University Africa scholarshipScholarship Offered Since: 2013
Scholarship Type: Masters scholarship
Selection Criteria and Eligibility
Applicants must have:
  • -A TOEFL score of at least 100, or an IELTS score of at least 7.0.
  • -Special consideration will be given to applicants from: Côte d’Ivoire, Ghana, Kenya, Liberia, Nigeria, Senegal, and South Africa.
  • -Completion of a course in microeconomics and a course in macroeconomics, or ability to complete both courses *before* the beginning of the MSFS program in fall 2017.
Value of Scholarship: Full tuition scholarship
Duration of Scholarship: For the duration of the program
Application Deadline: For fall 2017 is January 15, 2017.
How to Apply
To be considered for the scholarship, applicants must submit all required application documents (online application, personal statement, official transcripts and test scores, letters of recommendation). Only students who have applied to the program will be considered for the scholarship.
For more details about the scholarship, visit scholarship webpage
Sponsors: Georgetown University, USA

15 Years Of War On Terror: US Follies And Sufferings

Vivek Kumar Srivastava

Today completes the fifteen years of US entry in Afghanistan. It was on 7th October 2001 when US had entered the Afghanistan when it declared that US was attacked by the terrorists and war on terror was now to be carried on. US was attacked on 11 September 2001 and this was attack on its existence. ‘At 8:46 on the morning of September 11, 2001, the United States became a nation transformed.’ The war on terror was the logical culmination.
The invasion was not to decimate the al Qaeda but to compensate the deficiency of the US administration. The whole world thinks and US proclaims that it is the most organized politico-administrative system but it is not ture. In fact US never took the threat of terrorism seriously. If it had fashioned its policies according to the emerging needs, caused due to terrorism it would have not only controlled the terrorism at its initial phase but also could have succeeded in saving the innocent lives in USA (2,600 people died at the World Trade Center; 125 died at the Pentagon; 256 died on the four planes) and innumerable ones in Afghanistan and the world over. The report on 9/11 specifies in clear words that- “The most important failure was one of imagination. We do not believe leaders understood the gravity of the threat. The terrorist danger from Bin Laden and al Qaeda was not a major topic for policy debate among the public, the media, or in the Congress. Indeed, it barely came up during the 2000 presidential campaign. Al Qaeda’s new brand of terrorism presented challenges to U.S. governmental institutions that they were not well-designed to meet. Though top officials all told us that they understood the danger, we believe there was uncertainty among them as to whether this was just a new and especially venomous version of the ordinary terrorist threat the United States had lived with for decades, or it was indeed radically new, posing a threat beyond any yet experienced. As late as September 4, 2001, Richard Clarke, the White House staffer long responsible for counterterrorism policy coordination, asserted that the government had not yet made up its mind how to answer the question: “Is al Qaeda a big deal?”A week later came the answer. Terrorism was not the overriding national security concern for the U.S. government under either the Clinton or the pre-9/11 Bush administration. “(Executive Summary, The 9/11 Commission Report, Final Report of the National Commission on Terrorist Attacks Upon the United States}
The administrative failure can be identified with this facts that US was consistently under attack, on August 7, 1998 U.S. embassies in Nairobi, and Dar es Salaam, Tanzania were attacked with bombs killing 224 people with more than 5000 wounded; followed by another lethal terrorist attack when on October 12, 2000 at a port in Aden, Yemen U.S. Navy destroyer Cole was attacked by two suicide boats related to al Qaeda in which 17 of its crew members were killed. US was aware about the movement of the terrorist groups but administration was weak to take any strong step. The US policy was weakened due to its relations with Saudi Arabia which has been supported by it to unlimited extent. This support is still continuing. Obama rejects the public voice on the sueing of foreign state including the Saudi Arabia. 9/11 report established that “Saudi Arabia has been a problematic ally in combating Islamic extremism. Before 9/11, the Saudi and U.S. governments did not fully share intelligence information or develop an adequate joint effort to track and disrupt the finances of the al Qaeda organization. On the other hand, government officials of Saudi Arabia at the highest levels worked closely with top U.S. officials in major initiatives to solve the Bin Ladin problem with diplomacy.” (Executive Summary, The 9/11 Commission Report, Final Report of the National Commission on Terrorist Attacks Upon the United States}
Thus 9/11 attack on human civilization was a clear fault of the US policies where it failed not only at the administrative level but also at the diplomatic level. Its association to Saudi Arabia has brought to the world several disasters which cannot be counted and US in the name of war against terror, national interest made the things quite complex as these confuse the global order.
The impact on Afghanistan is another sad story after fifteen years. Talibans which were replaced by the US led attacks have been emerging with more potency. They have emerged with more controlling power,areas are under their control and the government of Ghani is under stress. The agreement with Gulbuddin Hekmatyar tells the story. The policy of Good Taliban and bad Taliban has created more troubles for which US is responsible as it confused the fight against Taliban.
US Af-Pak policy has also failed. US allocated more value to Pakistan ignoring India. Today the fate is that Afghan President Ghani blames Pakistan for exporting terrorism in the country. IS, the result of wrong US policies has attempted to penetrate Afghanistan. In conclusion terrorism has increased since 2001.
The death toll in Afghanistan due to US intervention has scaled much. Brown University’s Watson Institute has estimated that during 2001- 2014 about 149,000 people had lost their lives in Afghanistan and Pakistan in which more than fifty thousands were civilian lives.
What are the lessons after fifteen years: that terrorism should be controlled by coordinated efforts, that its major sponsors as Saudi Arabia, Pakistan should be isolated at global level, that US should improve its public and diplomatic departments and should bring good leaders on the top positions. From Clinton to Bush to Obama all failed and pushed the world into an age of pains.
The right policies and decision making is necessary not the rhetoric of false achievements. This is the message of last fifteen years ‘age of human sufferings’.

The New American Financial Model Has Failed Main Street

Gulam Asgar Mitha

“History shows that the United States has benefited politically and economically from wars in Europe. The huge outflow of capital from Europe following the First and Second World Wars, transformed the U.S. into a superpower … Today, faced with economic decline, the US is trying to precipitate another European war to achieve the same objective.”… Sergey Glazyev, Russian politician and economist.
All of the problems we’re facing with debt are man made… we created them. It’s called fantasy economics which only works in a fantasy world. It doesn’t work in reality…Michelle Bachmann, former Republican Congresswoman from Minnesota.
That by Sergey was from an article “My Money is on Putin” by Mike Whitney in August of 2014.. Very true by Glazyev back then when the US was trying to get Europe entangled in the Ukrainian crisis. The Europeans saw through the American scheme of snaring Europe into America’s war against Russia. Instead of getting involved in a war they decided to slap sanctions on Russia to appease their NATO ally. The sanctions have not worked out well either. Neither has the Syrian fiasco after the Russian involvement nor the logistical support to Saudi Arabia and its allies in the Yemen conflict. Everything is backfiring including the economic problems at home following the great recession of 2008.
Perhaps I can best explain the state of the American economy with reference to books on history and economics I’ve read. One was titled “Are We Rome? The Decline of an Empire and the Fate of America” in which the author Cullen Murphy drew political, social, economic and geopolitical parallels between the two empires. Students of history who’ve have read the voluminous works of Edward Gibbon “The History of the Decline and Fall of the Roman Empire” might recollect that according to Gibbon, the Roman Empire succumbed to barbarian invasions in large part due to the gradual loss of civic virtue among its citizens (Wikipedia) and rise of Christianity (Christians were termed as terrorists by the Romans). There was also the underlying economic malaise rampant as the gap between the rich and the poor widened-Wall Street vs Main Street.
One cannot discount the problems of Rome attributed to occupation of distant lands and the logistics and cost of supporting its administration and armies. Today the US is in the same predicament.
Going on to the Great Recession of 2008, several economists and authors have been sounding alarms that the American economy has not recovered since but is in fact in a decline due to the hijacking of the economy by Wall Street financiers with backing by the US Federal Reserve. The Prussian political economist Karl Marx wrote “Finance is the final stage of capitalism”. Joseph Stiglitz is an eminent economist whose works focus on pitfalls of globalization, skewed income distribution and corporate governance. In an article co-authored with Hamid Rashid in The Guardian of 8 February 2016 titled “What’s Holding back the World Economy”https://www.theguardian.com/business/2016/feb/08/whats-holding-back-world-economy-joseph-e-stiglitz Stiglitz stated thatQE (quantitative easing) and low interest rates have disproportionately created wealth in the financial sector and inflated asset bubbles. It has done little for the real economy. The rules of the market need to be rewritten. Stiglitz and Rashid have correctly analyzed the ills of US Federal Reserve policies that favor Wall Street and resulting damage to Main Street (the people).
The French economist Thomas Piketty whose thesis in his book “Capital in the 21st Century” is thatwhen the rate of return on capital is greater than the rate of economic growth over the long term, the result is concentration of wealth, and this unequal distribution of wealth causes social and economic instability. His works are the basis of a feature film in 2016 by New Zealand filmmaker Justin Pemberton. In reality this cannot be further from the truth and mirrors the works of Stiglitz. Thus far no economist has come forward challenging the works except the US Federal Reserve, Wall Street financiers, bankers and the ultra-rich who benefit from skewed policies that have damaged the foundations of American economic and social dynamics which had favored the US in the past. Majority of the Americans are burdened by debt advanced by the US Federal Reserve policies. Recently I came across an article in the Canadian CBC News “It’s not working: Why the old economic rules don’t add up anymore” by Peter Armstrong in which he quotes Benjamin Tal, Chief Economist with CIBC World Markets as saying that theeconomy today is much more confusing than it used to be.
There are many other works pointing to alarms about the state of the American economy and its resultant policies that are causing global problems. Probably the latest work that I’ve nearly finished reading is “Makers and Takers: The Rise of Finance and the Fall of American Business” by Rana Foroohar (Time economic columnist and CNN global economic analyst). Foroohar has brilliantly captured the key lessons of the subprime crisis of 2008. Then there is the economist Raguram Rajan (ex-Governor of the Reserve Bank of India). In 2005 as he warned about the financial fractures at the annual Federal Reserve Jackson Hole meeting, he was criticized by then US Treasury Secretary Larry Summers. Rajan was one of those economists along with Stiglitz, Nouriel Rubini (known as Dr. Doom) and Robert Shiller who warned of the 2008 crisis. Rajan in his 2010 book “Fault Lines: How Hidden Fractures Still Threaten the World Economy” warns that a potentially more devastating crisis awaits us if they aren’t fixed. The Wall Street Financiers, regulators, bankers, big business, US government and the US Federal Reserve continue to stick their heads deep in the shifting sands ignoring the problems that continue to build up.
As the two world wars catapulted the US as a superpower, the US Senate, Congress and White House may finally pull their heads out of the shifting sands to realize that a catastrophic war in the Middle East (where else?) may be the only remaining solution out of a pending economiccrisis even if it means setting the Middle East region on a fire.
We learn from Cullen Murphy and Edward Gibbon that the decline of the Roman empire was caused by two underlying problems – economic and social decay, both caused by failure of the Roman emperors and governors to heed warnings. Several centuries later we find that there is an uncanny similarity between Rome and America. The economic problems have been lucidly stated by several economists. The social problems are far more visible, most deeply in rising debt, alcoholism, drugs, family violence, infanticide, homicide and law officers killing blacks- one that may eventually lead to an August 1965 type Watts riots that killed over 30 LA residents and caused extensive property damage, looting and arson.
Donald Trump whom I’ve termed the circus clown in my article “The Grand Global Circus: 2016 US Presidential Elections” http://orientalreview.org/2016/09/19/the-grand-global-circus-2016-us-presidential-elections/has by now probably caused a deep wound among immigrants from Mexico and among blacks and Muslims. Trump entry in the presidential race is no mistake; it’s an establishment design to test the depth of issues facing America. Can these issues be fixed by some economic miracle or will it be an event along the lines that knitted America closer on 11 September 2001 or a war in the Middle East?The Democrats are clearly on a war path as Kerry alleges that Russia and Syria should be tried for war crimes without a rational judgement http://www.cbc.ca/news/world/russia-syria-war-crimes-john-kerry-1.3795860. Though no algorithm exists to predict a war, the distant beat of war drumscan be heard.

Haiti Death Toll Soars

Nadia Prupis

At least 800 people in Haiti were killed by Hurricane Matthew, according to new figures released Friday as remote regions cut off by the storm were able to resume outside contact.
As humanitarian groups struggled to reach the hardest-hit areas, residents took stock of the damage left by the most powerful cyclone to hit the Caribbean nation in decades. Aid workers estimated that at least a million people were affected in the southern part of the country, where most deaths occurred. The city of Jérémie saw 80 percent of its buildings destroyed.
Pilus Enor, mayor of the southern town Camp Perrin, told the Associated Press, “Devastation is everywhere. Every house has lost its roof. All the plantations have been destroyed…This is the first time we see something like this.”
Annick Joseph, Haiti’s internal minister, cautioned during a press conference, “This is a very, very partial assessment of the damage and death,” noting that yet more bodies were being discovered in remote mountain regions.
The storm sent 145-miles-per-hour winds through the nation’s villages, ripping roofs off of houses and whipping up floods and mudslides. In addition to the immediate damage, the hurricane is expected to exacerbate existing, long-standing problems in Haiti, from a pending outbreak of cholera—introduced to the country by United Nations peacekeepers in 2010—to the widespread destruction of infrastructure.
As the New York Times elaborates:
This latest disaster revives unresolved questions that continue to haunt the country from the 2010 earthquake, when international aid groups practically usurped the role of the government.
The government has been clear that this time around it will take the lead on coordinating aid, as donors bring in fresh water, food and money. Yet that approach, too, has its limitations.
The current government is an interim administration that was to be replaced in the Sunday election. There is no word on when that vote will be rescheduled.
For international aid organizations, striking a balance between working with the government and delivering lifesaving assistance expeditiously will define the coming months of the crisis, many say.
In a column for the Guardian, Jocelyn McCalla, executive director of the National Coalition for Haitian Rights (NCHR), further explains aid groups’ predatory legacy in Haiti—and how the hurricane could present new opportunities for them to take advantage of a country in need—writing, “Westerners looking on the island with concern should know: what we need most for long-term growth is investment, not charity.”
McCalla continues:
[T]he Haiti Reconstruction Fund—a fund established in 2010 and managed by the World Bank on behalf of various donor countries—disbursed this year through 30 June just $16.7m out of a total of $351m for disaster relief purposes. One of the reasons why only a tiny fraction of that money has been used is that most of the money is meant to be used for earthquake reconstruction.
Relief aid should be empowering. It should be delivered quickly to meet urgent needs, not be used as a permanent channel for relieving normal stress and pain associated with development woes. In times of tragedy, it is important to distinguish between the do-gooders and the predators. It is quite easy for predators to have the upper hand when they can cast themselves as valuable intermediaries.
In lieu of sending money to organizations with a dubious history in Haiti, those wanting to contribute to relief efforts were encouraged to support Haitian-led grassroots organizations like Konbit Sole Leve and Sakala, which have been providing emergency assistance and shelter.
In addition to the death toll, officials estimate that anywhere from 15,000 to 27,000 people have been displaced, with hundreds injured and at least 20,000 homes destroyed. And aid workers expressed concern that the devastation to farmland could destabilize the country’s food security.
Hervil Cherubin, Haiti director for the nonprofit Heifer International, told the Times, “We’re very worried about the country’s future in terms of food security. Most of the crops are gone. Many of the farm fields are like landfills. They’re full of trash, seawater, gravel and other debris.”

Nobel Prize in physics awarded for discoveries about condensed states of matter

Bryan Dyne

The 2016 Nobel Prize in Physics was awarded on October 4 to David Thouless, F. Duncan Haldane and J. Michael Kosterlitz for developing the mathematics to explain states of matter such as superconductors, superfluids and magnetic films. These discoveries have brought about a myriad of breakthroughs in our understanding of the ways and shapes matter can form and has laid the basis for whole new fields of technology.
This year’s prize highlights the field of condensed matter physics, the study of atoms as they interact in very extreme states such as temperatures near absolute zero. It also includes understanding the behavior of magnetism, crystal structures and fluids both as disparate and combined effects. The field has had immense impact on culture: one part of it alone, the understanding of the flow of electrons in metals of various types, has produced the transistor, the integrated circuit, the light-emitting diode, and the solar cell.
Electronics devices themselves have been refined through this field of physics. The type of magnetic reader used in today’s hard drives is a direct result of the study of condensed matter. This has greatly reduced the size and cost of memory storage, allowing for the mass production of personal computers.
A simulation of a carbon nanotube from the inside. Carbon nanotubes are one of the many exotic materials produced through an understanding of condensed matter physics.
Other benefits of the study of condensed matter include a deeper understanding of quantum mechanics, a realm which is hard to directly probe as a result of random atomic movements. However, when matter is cooled to just above -273 degrees Celsius (absolute zero), properties normally only seen in the quantum world suddenly manifest on a macroscopic scale.
Studies in what would become known as condensed matter began in the early 19th century, as scientists began to characterize different properties of metals—such as luster, ductility and electrical conductivity—and to attempt to liquefy all sorts of gases, such as hydrogen and nitrogen. One of the more practical results of this research was the realization that beyond certain temperatures and pressure, gases and liquids become indistinguishable. These so-called “superfluids” are what spin turbines to make electricity in coal and nuclear power plants.
The capstone of a century’s work occurred in 1911, when mercury was cooled to a point where it suddenly had no electrical resistance. Current could flow through this newly found “superconductor” without any loss of energy, persisting without an external power source. While this was certainly not the last of the new discoveries, it prompted a qualitative shift in the physics needed to understand what was going on. New states of matter could no longer be described by classical mechanics, which had guided all previous studies, but had to be understood with the newly emerging quantum mechanics and the mathematics that describe symmetries in physical systems.
Symmetries in physics were first worked out by mathematician Emmy Noether in 1915. These bear a certain relation to symmetries found in geometric shapes but have the added benefit of providing a stable quantity that can be observed experimentally. For example, the mass of an object (the amount of matter contained within that object’s volume) does not change whether it on is Earth or if it travels to Mars.
Such symmetries have been used in analysis of condensed matter to explain why materials become superconductive at low temperatures as well as why materials suddenly become magnetic when cooled. Both relate to the orientation—the symmetry—between atoms when transitioning from high to low temperatures.
The research done by Thouless, Haldane and Kosterlitz focuses on symmetries that occur in the structure of matter when it changes temperature. For example, the crystalline structure of ice is more symmetric than liquid water, a change in the phase of water induced by reducing the temperature below 0 degrees Celsius.
Instead of studying water, however, the three scientists were interested in overcoming a theorized instability when matter is made flat enough to be considered two-dimensional and/or thin enough to be considered one-dimensional. Previous studies hypothesized that the constant motion of particles at the atomic level, even when chilled to just above absolute zero, would destroy any sort of cohesion between the atoms, making two-dimensional forms of matter impossible to create.
A mobius strip, a shape with only one side and one edge, is one of the many kinds of objects studied in topology.
Thouless challenged this idea by using topology, the geometry that, for example, describes the similarities between a sphere and a bowl and the differences between a sphere and a donut—a sphere and bowl have no holes while a donut has one hole. He found that it was possible to deform matter through these geometric symmetries to create stable two-dimensional structures. Haldane and Kosterlitz extended these ideas to deeper connections between the mathematical classification of physical surfaces, including making stable one-dimensional structures.
More importantly in a practical sense, the union of condensed matter analysis and topology provided the description for the transitions to and from various states of one-, two- and three-dimensional states of matter. As such, the various properties of the structures could be theoretically predicted and tested experimentally. As the sensitivity of technology needed to test these materials has increased, the predictions are more and more being borne out, with even more esoteric yet useful characteristics being discovered.
Such results point to a whole new field of “topological” materials including insulators, supercounductors and metals. These are merely examples of areas which, over the past decade, have been on the frontlines of research in condensed matter physics. Contained therein is the combined promise of new generations of electronic devices, superconductors and possible quantum computers, alongside a deeper and more comprehensive understanding of the interactions of matter in wholly new forms.

Australian politicians hold sham hearings on banks’ “unethical behaviour”

Mike Head

In an attempt to head off seething popular hostility to the predatory practices of Australia’s banks, a parliamentary committee this week held three-hour question-and-answer sessions with each of the CEOs of the country’s big four banks.
Over the past decade, and especially since the 2008 global financial breakdown, tens of thousands of working class people, retirees, small business owners and family farmers have been ruined by the banks.
Report after report has appeared of people losing their homes, life savings, livelihoods or farms as a result of ruthless foreclosures, exorbitant interest rates, misleading financial advice and denials of insurance claims.
Banks have rigged interest rates, engaged in insider trading, charged excessive fees, forged documents and denied insurance payments to terminally ill people or the families of those who died. In one publicised case, CommInsure, the insurance arm of the Commonwealth Bank of Australia (CBA), defied a coroner’s verdict and falsely declared that a woman had committed suicide in order to repudiate her life insurance policy.
By refusing to fully pass on interest rate cuts made by the Reserve Bank of Australia (RBA) since 2011, the banks have gouged millions of dollars more from people paying off mortgages. According to the Australian Broadcasting Corporation’s “interest rate calculator,” someone who borrowed a $300,000 loan from the CBA in 2011 over 30 years, has paid $5,213 in extra interest repayments over five years.
All this has occurred while the banks have been supervised by an array of official agencies—including the RBA, the Australian Prudential Regulation Authority and the Australian Securities and Investments Commission—exposing the fraud of “regulating” the finance houses.
Having scarcely survived the July 2 election, Prime Minister Malcolm Turnbull’s fragile government convened the House of Representatives economics committee hearings to counter populist calls by the Labor Party, the Greens, Pauline Hanson’s One Nation and the Nick Xenophon Team for a royal commission inquiry into the banks.
But the opening day of the proceedings demonstrated the lie of the claim that any parliamentary inquiry—or royal commission—could or would take any action to even dent the super-profits of the banks, which are among the most rapacious in the world.
After offering a ritualistic apology to his bank’s victims, CBA chief executive Ian Narev, was blunt. He warned the politicians it was “very dangerous” to try to regulate bank profitability. “Our profits are at a level that enable us to keep the confidence of global funders, who play a critical role in our ability to consistently extend credit,” he insisted.
In other words, any interference with bank profits would threaten the ability of the banks to attract investors and borrow on the world financial markets, on which the “big four”—the CBA, Westpac, National Australia Bank (NAB) and Australia New Zealand (ANZ)—depend for about half their funding.
Narev also defended his personal $12.3 million pay packet, refused to reveal how much profit the CBA makes on home mortgages, and declined to rule out asking for government assistance again if faced with another global crash.
The message was not lost on the assembled politicians. Whether they represented the Liberal-National government, Labor or the Greens, the questions from the 10 committee members played straight into the hands of the banks.
Committee chairman David Coleman, a Liberal MP, asked Narev whether the CBA would accept bank account number portability, to permit customers to more easily switch banks. As if on cue, Narev said the CBA encouraged anything that lifted competition.
Deputy chairman and Labor MP Matt Thistlethwaite queried incentives paid to CBA staff to promote the bank’s financial products, such as credit cards and superannuation schemes. Narev said the bank would drop the practice if an official inquiry recommended it.
Greens MP Adam Bandt asked what the Australian Financial Review called a “useful” question about the government guarantees of Australia’s banks. The Greens have proposed a 0.2 percent levy on bank assets in return for the government’s support, which boosts the big four’s profits by about $4 billion a year, via lower interest rates in the global money markets.
The Greens’ proposal, which is in line with International Monetary Fund (IMF) recommendations, is one of numerous efforts being made to channel public anger back behind the continued propping up of the corporate-controlled financial system.
In the lead-up to the hearings, Thistlethwaite spoke of forcing the banks to “clean up” their “unethical behaviour” and make customers’ interests their “priority.” Bandt said the problem was a “pretty aggressive culture within the banks” and that the committee hearings gave them an “opportunity to throw open their doors.”
This is cynical myth-making. As Narev made plain, the purpose of all the banks’ activities is to keep amassing mega-profits, in order to satisfy the appetites of the global financial aristocracy. That is the “culture” that drives the “behaviour” of the banks, necessarily at the expense of their customers.
While the parliamentary charade was underway, Treasurer Scott Morrison was in New York spruiking the importance of a “strong, credible, profitable banking system” to Wall Street investors and global credit ratings agencies, which have threatened to strip away Australia’s AAA borrowing rating.
As Morrison boasted, Australian banks are currently the most profitable in the world. This week, an Australia Institute report concluded that their profits constitute 2.9 percent of the country’s gross domestic product, the highest level internationally. It estimated their combined annual pre-tax profits at more than $46 billion.
The overwhelming majority of those profits, however, come from mortgage and credit card lending to heavily debt-laden households, primarily driven by an unsustainable property bubble in major cities, which has pushed home ownership out of reach for millions of young people.
Nowhere else in the world are banks as heavily exposed to residential property. In August 2016, official data showed the big four banks held 83 percent of the home loan market, as well as 53 percent of life insurance premiums, and 57.3 percent of retail investment funds.
This week, the IMF warned that soaring global debt was exposing the world economy to another crisis. It specifically noted that Australian households were borrowing at a “fast pace.” The country’s household debt ratio—debt to income—of more than 180 percent is among the highest in the developed world.
With the collapse of its mining boom, and the destruction of its manufacturing base, Australian capitalism as a whole increasingly depends on the parasitic activities of the banks. Despite recent share price falls, the “big four” make up about a third of the value of the country’s stock exchange.
Perhaps the biggest fraud of all at this week’s hearings was Narev’s declaration that bank profits were good for everyone because “nearly 80 percent of CBA is owned directly or indirectly by Australian families… They’re not Australia’s elite; they are Australians from all walks of life.”
In reality, the banks are controlled by interlocking financial conglomerates, dominated by the wealthiest international investors. The same four entities—HSBC Custody Nominees (Australia), JP Morgan Nominees Australia, National Nominees and Citicorp Nominees—are the top four shareholders in each of the four big banks.
HSBC Custody Nominees alone owns 16.91 percent of Westpac, 16.83 percent of NAB, 18.48 percent of ANZ and 14.80 percent of CBA. This concentration of ownership has intensified since the Hawke and Keating Labor governments privatised the CBA during the 1990s.
It is practically impossible to track down the identities of the underlying shareholders through the various financial structures. This process is part of the broader domination of finance capital over global capitalism. A 2011 Swiss study found that 147 companies—overwhelmingly the giant banks and investment funds headquartered in the US, Western Europe and Japan—controlled 40 percent of the world’s corporate wealth.
This web makes a mockery of any claim that bank practices can be improved by fostering “greater competition.” The banks are also a sharp expression of the mounting social inequality enforced by successive governments. While the big four’s CEOs took home a combined $30 million over the past year, the banks’ tellers were paid about $50,000 each.
Even those wages depended on the tellers meeting weekly targets for referring customers to particular bank products. NAB boss Andrew Thorburn flatly told the committee that banks needed to have “hungry” staff in order to be “competitive,” like all businesses.
This exploitation and profiteering can be answered only by placing the entire financial sector and every other key industry under public ownership, democratically controlled by the working class. That requires nothing less than a socialist revolution to reorganise economic life completely to meet the needs of all, not satisfy the profit requirements of a tiny few.

Australian union imposes 10 percent pay cut on steelworkers

Oscar Grenfell

The Australian Workers Union (AWU) pushed through a 10 percent pay cut for steelworkers at Arrium’s plant in Whyalla, South Australia, late on the week beginning September 26. The union, working hand in hand with the Labor Party, the company’s administrators and the corporate press, did everything it could to intimidate workers into accepting the drastic wage reduction.
The pay cut was one aspect of a regressive new Enterprise Bargaining Agreement (EBA), designed to make Arrium attractive to a potential buyer by slashing the pay and working conditions of its employees. Workers at the plant initially rejected the cut in August, with 53 percent of those who voted registering their opposition and another 109 abstaining.
Prior to the latest vote, the administrators and the union intensified their pressure on the workers, threatening that a “no” vote could lead to the closure of the plant and the destruction of hundreds of jobs.
Addressing the Whyalla City Council last month, Sebastian Hams, a partner at KordaMentha, Arrium’s administrator, outlined the strategy for forcing through the pay cut. He made clear there were no real changes to the agreement that had been rejected just weeks earlier. “We’ve made some really subtle changes—so subtle some aren’t reflected in the EBA, it’s just some timing changes,” he said.
When one councilor asked Hams whether information was being provided to the employees, he contemptuously said they had been given “too much” information before the last vote. “This time we have simplified the information because there were some things that people just didn’t understand about the voting process,” he declared.
The union took its cue from the administrators. They issued no statements prior to the latest vote, and did not even publicly reveal the date of the ballot. It was held just before a three-day long weekend and two football grand finals, so that the opposition among the workers could be defused. The vote was the subject of just a couple of brief media articles, while the union has not even officially reported the result.
According to the Whyalla News, “nearly 67 percent” of steelworkers who cast a ballot voted “yes.” In other words, a substantial minority, over 33 percent, defied the administrators and the union and rejected the deal. Reportedly, 65 percent of the 100 workers at Arrium’s hematite iron ore mine accepted the agreement last month, but the EBA had to be ratified at both sites before it could commence.
KordaMentha partner Mark Mentha hailed the result. “A settled, locked-in EA is critical to the sale process,” he said. The combined EBAs at the steelworks and the mine outline a $17 million cut in labour costs and $300 million in total savings, which will entail an ongoing assault on the jobs, wages and conditions of the Arrium workers.
The Australian Financial Review (AFR) said the outcome gave the administrator’s moves to sell the company a “lift.” The newspaper favourably noted the union’s “unusual step of holding a second vote on a 10 percent pay cut just four weeks after an original vote rejected it.”
Arrium went into voluntary administration in April, with debts of $4.3 billion. The union responded by joining the “Committee of Creditors,” alongside banks and other financial institutions, in order to work out how to slash the company’s costs.
The union’s role at Arrium mirrors its actions at BlueScope Steel, the country’s only other steel producer. Last year, the AWU pushed through an agreement at BlueScope that included 500 job cuts, a three-year wage freeze and a continuous pro-company overhaul of working conditions. The AFR hailed the deal as “ground-breaking.”
While the union has remained silent about its latest role in the destruction of workers’ wages and conditions, it has collaborated closely with Labor Party politicians and right-wing populists, to promote economic nationalism among steelworkers.
As it was pushing through the pay cut at Arrium, the AWU held a “national aluminium conference” advocating protectionist measures in the steel industry.
This campaign is aimed at diverting attention from the union’s role as the industrial police force of the major companies, and directing anger among workers into the reactionary channels of hostility to their fellow workers in China and internationally.
The union also conducted a tour of the Arrium plant with Labor leader Bill Shorten the day the vote for the wage cut was announced. Shorten urged the government to hand Arrium a $50 million grant.
As a former leader of the AWU, and a key minister in successive Labor governments, Shorten is directly responsible for the destruction of tens of thousands of jobs. His calls for government subsidies are a continuation of Labor’s nationalist campaign to present the destruction of the Australian steel industry as a result of China’s “dumping” of cheap steel on the world market.
The AWU’s protectionist agitation has been supported also by South Australian senator, Nick Xenophon. He postures as a defender of “Australian jobs,” while advancing a pro-business economic program and calling for Australia to escalate its preparations for war against China.
The destruction of the Australian steel industry is one expression of an assault on the jobs, wages and conditions of workers around the world, amid a deepening crisis of the global capitalist system. The AWU is silent on the fact that Chinese companies have outlined plans to slash half a million jobs, including tens of thousands in the steel sector.
What is needed is the opposite of the reactionary nationalism and corporatism of the unions: a fight to unite workers across national lines, in a common counter-offensive, guided by a socialist and internationalist perspective against the global attacks being waged by finance and big business.

Pakistani elite rattled by “strategic isolation” following Indian attack

Keith Jones

The Pakistani elite has been rattled by its “strategic isolation” in the wake of India’s Sept. 28-29 military strikes inside Azad or Pakistan Occupied Kashmir.
The strikes were a flagrant violation of Pakistani sovereignty. They marked a major escalation in the strategic competition between India and Pakistan, pushing South Asia’s rival nuclear-armed states closer to the precipice of what would be the first-ever war between nuclear powers.
Especially provocative was the decision of India’s virulently right-wing, Hindu supremacist Bharatiya Janata Party (BJP) government to publicly announce the strikes and trumpet them as proof of India’s military prowess.
For more than four decades, India had not admitted to conducting military action inside Pakistan, for fear it would trigger a dynamic of strikes and counterstrikes that could spiral into all-out war. But the BJP government, supported by the military and much of the corporate media, is determined to “change the rules of the game.”
To the shock of Pakistan’s elite, its appeals for international condemnation of India’s aggression have fallen on deaf ears.
Washington, which has showered India with “strategic favours” for more than a decade with the aim of harnessing New Delhi to its drive to strategically encircle and prepare for war against China, has set the tone.
US State Department spokesmen have responded to questions about the strikes with pro forma calls for New Delhi and Islamabad to talk and with demands, akin to those being made by India, for Pakistan to take urgent action to prevent its territory being used to stage “terror” attacks.
In an even clearer demonstration of Washington’s attitude, a spate of former US government officials—not bound by the constraints of the Pentagon’s continuing reliance on Pakistan’s logistical support to wage war in Afghanistan—have rushed to endorse the Indian raids. Invariably they have qualified them as measured and observed, that in carrying out military action inside Pakistan, India is only doing something the US has itself done repeatedly.
Germany, the largest EU power, has been even more forthright than the Obama administration in its support for India’s aggression against Pakistan. In answer to a question about Germany’s attitude to the Indian strikes, the German Ambassador to India, Martin Ney, told a meeting in Hyderabad on Wednesday, that Germany supports them. “There is a clear international norm,” said Ney, “that every state has the right to defend its territory from international terrorism.”
“I can assure you,” he added, “standing with India side by side against terrorism are not empty political words but backed with concrete projects.”
Earlier this week, Russia’s Ambassador to India, Alexander Kadakin, amplified a previous Russian statement that depicted India’s strikes as a necessary response to terrorism. “We welcome the surgical strike,” Kadakin told an Indian television station. “Every country has the right to defend itself.”
Russia has a longstanding military-strategic partnership with India dating back to the Cold War. Relations, however, have grown tepid, as India under Narendra Modi’s BJP government has integrated itself ever more completely into the US’s anti-China “pivot to Asia. This has included opening India’s military bases to routine use by US warplanes and battleships and strengthening bilateral and trilateral ties with India’s principal Asia-Pacific allies, Japan and Australia.
Russia’s unequivocal support for the Indian military action against Pakistan is all the more significant in that Moscow recently effected a rapprochement with Islamabad. This included a first-ever arms sale to Islamabad and, last month, a first-ever joint military exercise.
India has also been able to muster strong support within South Asia. Both Bangladesh and Afghanistan, whose troops have skirmished with Pakistani border forces repeatedly in recent months, have endorsed the Indian strikes. Earlier India had been able to mobilize Bangladesh, Bhutan, Afghanistan and Sri Lanka in support of a boycott of the upcoming South Asian Association for Regional Cooperation (SAARC) summit in Pakistan, forcing Islamabad to cancel the event.
According to the Dawn, Pakistan’s most influential and politically connected English-language daily, a meeting of top Pakistani government and military officials, chaired by Prime Minister Nawaz Sharif, this past Monday was told that “Pakistan faces diplomatic isolation.”
Summarizing the results of Pakistan’s attempts to rally opposition to the Indian aggression and win support for its stance on the Kashmir conflict, Foreign Secretary Aziz Chaudhry told the meeting, “The government’s talking points have been met with indifference in major world capitals.”
Chaudhry, reported the Dawn, said relations with Washington have deteriorated still further. But what “surprised the room” was that China is also pressuring Islamabad for a “change of course.”
Beijing has long had an “all-weather” alliance with Pakistan. And in response to the burgeoning Indo-US “global strategic partnership, it has strengthened ties with Islamabad as exemplified by its $46 billion China Pakistan Economic Corridor project.
But its comments in the wake of last week’s Indian strikes have been circumspect. With Pakistan having chosen to call the claim that Indian troops entered its territory a “fabrication,” Beijing has limited itself to urging the two sides to reduce tensions.
To New Delhi’s consternation, China last week put on “technical hold” India’s attempt to add to the UN international terrorism “blacklist” Masood Azhar, the chief of the Jaish-e-Mohammed, an Islamist insurgent group active in Indian Kashmir. In doing so, China was acting at Pakistan’s request. But Chaudhry told the meeting that Beijing questioned the “logic” of protecting Azhar.
Under conditions where the US has ratcheted up tensions with China over the South China Sea and India is in danger of being transformed into a “frontline state” in the US’s anti-China drive, Beijing is apparently reticent about Pakistan’s continuing support for Islamist terror groups to advance its reactionary strategic rivalry with India—a stratagem Islamabad learned from the CIA in Afghanistan.
In any event, according to the Dawn report, a tense discussion followed Chaudhry’s report. At one point the prime minister’s brother and Punjab Chief Minister, Shabhaz Sharif, took the head of Pakistan’s principal intelligence agency, the ISI, to task for the frequent release of Islamist terrorists whom the government had had arrested.
The Dawn claims the meeting ended with a decision that some action had to be taken to rein in the Islamist terror groups and to meet Indian demands for cooperation in investigating the January attack on the Indian military base in Pathankot and for the prosecution of Pakistanis allegedly involved in the 2008 terror attack on Mumbai.
The Dawn report, although very detailed and supposedly based on multiple sources who attended the meeting, has been vigorously and categorically denied by the Pakistan government.
Be that as it may, there is no question that Pakistan’s elite is in deep crisis.
Sharif’s Pakistan Muslim League (Nawaz) government has come under bitter attack this week from its parliamentary opponents for its response to the Indian military strikes. Imran Khan, who has developed increasingly close ties to the military since his Pakistan Tehreek-e-Insaf (PTI) became the country’s third largest party, has accused Sharif of being a “coward” and denounced him for failing to strike back against India, although he has notably failed to say how or what should be done.
The Pakistan People’s Party (PPP) has denounced Sharif for Pakistan’s diplomatic isolation. In an emergency parliamentary debate, PPP representatives attributed Pakistan’s predicament to the government having allowed freedom to “non-state actors” and failing to expose internationally India’s aggression including its threats to dismember Pakistan via support for the Balochistan separatist insurgency and its violations of the Indus Water Treaty. They also denounced the government for mismanaging relations with Washington.
“The US is already their [India’s] ally” complained PPP Senator Sherry Rehman, a former Pakistani ambassador to Washington. “They have already started making bases there. Afghanistan is already blaming us. You have no interests in common with the superpowers.”
For decades Pakistan rested geopolitically on the twin pillars of Washington and Beijing. But the US has dramatically downgraded its relations with Islamabad in pursuit of a strategic partnership with India, which because of its size, large military, and dominant geostrategic position in the Indian Ocean, US war-planners view as pivotal counterweight to China.
Washington’s strategic favours to India, including giving New Delhi access to its most advanced weaponry, have only increased the already large military-strategic gap between India and Pakistan.
And the steps Islamabad has taken in response—strengthening it ties with China and maintaining ties with the Taliban so as to ensure it has a major say in any Afghan “peace settlement”—have only exacerbated tensions with Washington.
The Indian bourgeoisie, meanwhile, calculates that by aligning itself with US imperialism it can bolster its ambitions to be the regional hegemon of South Asia, at the expense of Pakistan, but also of China, which has developed significant economic ties in the region and is seeking to incorporate it into its One Belt One Road initiative.
The strategic crisis of Pakistan’s venal bourgeois elite increases the dangers of a catastrophic war. First, because it will only whet the predatory appetites of the Indian ruling elite, and second, because it can drive the Pakistani ruling class and its politically powerful military to desperate measures. Fearing the ever-widening strategic gap with India, Pakistan recently developed and deployed “battlefield” or tactical nuclear weapons—weapons it has in recent weeks repeatedly vowed that it will use in the event of a large-scale Indian invasion.