Vital Concerns for the World: A gas deal between Iran and Pakistan

Monday, May 25, 2009

A gas deal between Iran and Pakistan

According to AFP Iran and Pakistan have announced that they are about to sign an agreement to export gas to Pakistan. India was once to be part of the deal but they withdrew from talks about the deal last year. The report says, “The 900-kilometre (560-mile) pipeline is being built between Asalooyeh in southern Iran and Iranshahr near the border with Pakistan and will carry the gas from Iran's South Pars field.” It says that only 250 kilometers of pipeline was still to be constructed. The infrastructural mechanisms for integrating south Asia and Central Asia is proceeding apace, with large implications. Pakistan’s need for gas will soon be desperate. It will pass through Baluchistan, making a zone of dissidence that is already vital because of its own gas reserves all the most vitally important to the country of Pakistan.

No comments:

A major source of the American debt problem

Notable Concerns

"Not one has taken responsibility for the biggest foreign policy disaster in U.S. history." Dick Cheney, Donald Rumsfeld, Condolezza Rica, Paul Wolfowitz, Richard Perle, Douglas Feith.
The crash of September 2008 brought the largest bankruptcies in world history, pushing more than 30 million people into unemployment and bringing many countries to the edge of insolvency. AlJazeera 10/15/11
GE, America's largest corporation, paid no taxes last year even though it made 5.1 billion dollars profit in the country [and even more outside the country] [source: same as below]
In 2009 the richest 5% held 63.5% of American wealth; the bottom 80% controlled 12.8%. [source: same as below]
Between 2000 and 2007 the richest 10% in America benefited from all of the average growth in the period. In the post WW II period the top 10% benefited from only one third of the growth, the bottom 90% benefiting from the rest of the growth. [Economic Policy Institute, cited by Bob Herbert, NYT 3/26/11]
In 2010 a "premier" investment bank paid each of its 26,000 employees an average of $370,000. [Bill Gross Pimco Investment Outlook Feb, 2011.]
In 2005, one-quarter of the corporations in America making a trillion dolars in revenue paid no taxes.
The 833% Medical Insurance Ripoff: Medicare charges 3% for service; the health insurance companies in Missouri charge 25% for services
The richest 1 percent of Americans have more net worth than the bottom 90 percent.
The richest 1 percent of Americans receive more income than the bottom 50%. http://www.politifact.com/truth-o-meter/statements/2010/dec/10/bernie-s/bernie-sanders-viral-speech-says-top-1$ >