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Asia Times Tuesday,
Cheonan sinking ... and Korea rising By Peter Lee
More arithmetic for you: The Rand Corporation estimates the cost of Korean reunification at $50 billion, Credit Suisse insists $1.5 trillion is the expense, and Stanford fellow Peter M. Beck posits an alarmist $2-$5 trillion. Question: Who's got that kind of cash? Answer: North Korean mines. 360 minerals are sequestered in the Hermit Kingdom's caves, many trapped by flooding and NK's [North Korea's] appalling infrastructure. Billions of tons of coal, iron, zinc, magnesite, nickel, uranium, tungsten, phosphate, graphite, gold, silver, mercury, sulfur, limestone, copper, manganese, molybdenum... worth an estimated $2-$6 trillion (Goldman Sach's figure is $2.5 trillion). Reunification could be entirely paid for by these mines, perhaps with change left over.

Global Research Tuesday,
Kyrgyzstan’s "Rose Revolution": Washington, Moscow, Beijing and the Geopolitics of Central Asia
China’s growing economic ties to the cash-strapped regime of former Kyrgyz President Askar Akayev was a major reason Washington decided to dump its erstwhile ally Akayev after almost a decade of support. In June 2001 China, along with Russia, Uzbekistan, Kazakhstan, Tajikistan and Kyrgyzstan, signed the Declaration creating the Shanghai Cooperation Organization (SCO). Three days later Beijing announced a large grant to Kyrgyzstan for military equipment.

FT Tuesday,
Offshore drilling

Sunday Telegraph (UK) Tuesday,
The Road To Economic Serfdom
Hayek had the sign and the destination right but was entirely wrong about the mechanism. Unregulated finance, the ideology of unfettered free markets, and state capture by corporate interests are what ended up undermining democracy both in North America and in Europe. All industrialized countries are at risk, but it’s the eurozone – with its vulnerable structures – that points most clearly to our potentially unpleasant collective futures.

German-Foreign-Policy.com in Global Research Tuesday,
A New Era of Imperialism
This article is published at a time, when Berlin is using the Greek crisis to demand extensive intervention possibilities into the primary sovereign rights of EU member states. The demand for a more aggressive EU foreign policy is accompanied by dictates on member states to reinforce the EU.

Financial News Tuesday,
The way to increase America's exports to China
America is used to having it all its own way. In 1972, as the US opened diplomatic relations with China, it abandoned pegging the dollar to gold. That enabled it - through its monopoly on printing US dollars - to create huge trade and investment advantages. Its economy grew strongly as it managed the value of its currency at the expense of other nations.

Financial Times Tuesday,
Danger Zone: Europe
Real gross domestic product growth averaged 2.25 percent a year from 1981 to 1993; slipped to 2 percent from 1993 to 2003; and now stands at about 1 percent.

Global Research.ca Tuesday,
The Financial Oligarchy Reigns: Democracy’s Death Spiral From Greece to the United States
As Guy DeBord summed it up: “The economy has now come to declare open war on humanity, attacking not only our possibilities for living, but our chances of survival…. When an all-powerful economy lost its reason - and that is precisely what defines these spectacular times.”

Global Research Tuesday,
Times Square Bomber Linked With CIA-Controlled Terror Group
We’ve never come across a terrorist who wasn’t trained, equipped, radicalized, entrapped, or provocateured by a western intelligence agency or a terror group controlled by a western intelligence agency.

World Socialist Web Site Tuesday,
Amid media blackout:
Rep. Bennie Thompson, Kennedy explained why the State Department might not revoke the US visa of a suspected terrorist:“And one of the members [of the intelligence community]—and we’d be glad to give you that out of [open session]—in private—said, ‘Please, do not revoke this visa. We have eyes on this person. We are following this person who has the visa for the purpose of trying to roll up an entire network, not just stop one person.’”