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Schiller Institute in Denmark testifies in Parliament

Thursday, November 22, 2018, Schiller Institute in Denmark chairman Tom Gillesberg, accompanied by a 4-person delegation, gave testimony before the Business Committee of the Danish parliament, Folketing. We requested the 15-minute testimony in the hope that the recent series of serious bank scandals to hit the country, would increase the openness to our proposals for what needs to be done to prevent a new financial crash.

In fact, the committee members were in shock after hearing the whistleblower in the Danske Bank (Danish Bank) money laundering case speak at a hearing on Monday.

Tom Gillesberg reminded the committee of our 2007 election campaign forecast before the last crisis, and the deregulation that caused it, our proposals for Glass Steagall and other measures afterwards which have not been heeded, and warned of the coming crisis. Tom then presented The Schiller Institute’s comprehensive solution consisting of 1. Join the New Silk Road; 2. Create a New Bretton Woods credit system, and; 3. Implement LaRouche’s Four Laws.

There were two committee members present, one from Venstre, a liberal party, and one Social Democrat. They both had supportive comments about our role in the Danish political process, and asked good questions.

While we were waiting to give our testimony, the foreign minister came by and received a copy of our testimony, as did the business minister, who had spoken to the committee just before us.

In fact, the committee had sent our testimony request letter to the Business Minister Rasmus Jarløv, and asked for his comment to The Schiller Institute’s proposal for Glass-Steagall bank separation. The minister first explained what Glass-Steagall was. Then he stated that the EU had discussed bank separation after the last crisis, and that in 2014, the commission had introduced a proposal to separate certain trading activities from normal activity, but that this proposal was withdrawn. This was discussed in Denmark, but because he said that trading activity was not the cause of the crisis in Denmark, it was not adopted. Denmark responded by increasing requirements for bank capital solidity, and instituted procedures for the resolution of troubled SIFI banks.

As supplementary material, The Schiller Institute submitted an article in Danish about Glass-Steagall, and the section “Without LaRouche’s Four Laws, financial crash means chaos,” from the new Silk Road report, which is now available on the parliament’s homepage. The business minister has also been asked to comment on this material.

Next Thursday, The Schiller Institute in Denmark is holding a seminar entitled, “The World After the U.S. Mid-term Elections: Glass-Steagall bank separation and a New Bretton Woods credit system can make the New Silk Road become the World Land-Bridge,” with a live-video presentation by Helga Zepp-LaRouche, a presentation by Hussein Askary, and a pre-recorded presentation by Paul Gallagher.

Delegation.

Schiller Institute delegation to Parliament.

Schiller Institute’s Full Testimony Before Danish Parliament’s Business Committee

I am Tom Gillesberg, Chairman of the Schiller Institute in Denmark. Thank you for allowing us to come.

The Danish public has had a sudden awakening to the true state of the Danish financial world. For many years, Danske Bank (Danish Bank) has been deeply involved in money laundering, and both the bank’s management and the Danish Financial Supervisory Authority failed completely, after they became aware of the problem many years ago. It has also been revealed, that other major SIFI banks (Systematically Important Financial Institutions) in Denmark have colluded in tax evasion, and have failed in their fight against fraud and money laundering. Finally, many of the Danish banks, as well as their international colleagues, have contributed to the looting of the Danish and foreign treasury funds through fraudulent dividend tax rebates (also known as Cum-ex). All of this shows, that it is not a matter of individual problems, or individual bad apples, but is a systemic problem in which the entire banking and financial world is impregnated with uncontrolled greed, putting its own financial gain above the law, and the general welfare. The policy of deregulation, and allowing the financial world to control itself, has failed. This was actually already evident in connection with the meltdown of the international financial system in 2007-2008.

I, and other activists from the Schiller Institute, warned about this already in 2007, when I ran for parliament with the slogan: “After the financial crash – Maglev across the Kattegat” (here or a footnote: the body of water separating the island of Zealand, where Copenhagen is located, and Aarhus, Denmark’s second largest city on the Jutland peninsula). But our warnings were ignored. Then, after the crash in 2008 – where only a Danish government guarantee covering all financial institutions prevented a meltdown in the Danish banking world – when we suggested how to clean up the financial world through the implementation of Glass-Steagall bank separation, which would separate the wheat from the chaff in the process – separate normal banking activity, important to the society, from the casino economy – there was again an institutional refusal to listen, in Denmark, and the rest of the Western world. They would not put an end to the unhealthy behavior in the financial world that had created the collapse in 2008. If entire financial sector had not been deregulated, and Glass-Steagall banking separation abolished in the U.S. in 1999, we would have avoided the financial crisis.

But then, the focus was to save the banks, and all other players in the financial world, with bank packages and quantitative easing, at the expense of the real economy and the living standards of ordinary people. Therefore, today, we are facing a coming financial crisis, which is potentially far worse than the one we experienced in 2008. The Danish measures of letting banks and mortgage companies increase their capital solidity (with customers’ money), will not prevent a new crisis. Without a separation of the activities in the financial supermarkets, as in 2007-2008, we still have no fire doors that can prevent fire in a part of the financial world from spreading to the entire financial house.

The imminent financial collapse

There are many ticking bombs under the international financial system. In the wake of the U.S. Federal Reserve Bank’s rate hikes, there are more and more warnings about a coming meltdown of the $3.5 trillion sized U.S. corporate debt market, where more and more unsecured loans are being repackaged and resold in many different disguises – similar to the bad U.S. mortgage loans in 2007-2008. This has been accompanied by a fall in the stock markets, and a sharp fall in economic growth in the U.S. and Europe. The Bank for International Settlements warned of this dangerous development in its annual report in July, and the Bank of England did something similar in October. Then, the IMF’s explicit warning of falling corporate bond markets came in the IMF blog on November 12th.

A collapse of the mortgage debt market will have greater consequences than the collapse of the U.S. subprime loan bubble in 2008. Once the crisis is triggered, it will hit the banks around the world, and behind the polished surface, they have become even bigger, and even more bankrupt than they were in 2008. Like the upbeat to the 2007-2008 crisis, there has also been a collapse and capital flight from the so-called “emerging markets,” and the gigantic, unregulated market for financial derivatives can implode at any time.

The Solution

There is no Band-aid solution that can fix this, but the Schiller Institute and the international LaRouche movement have proposed a coherent solution for how we can surgically remove the speculative cancer tumor, and create credit for productive investments, both internationally, and here Denmark.

1. We must join the New Silk Road

While most of the economy in the western world has been lagging for the last 10 years, and most people have experienced a falling standard of living, China has continued to experience strong economic growth, and has been able to lift more and more people out of poverty. The 2008 crisis was used to launch massive infrastructure projects, so China now has more kilometers of high-speed trains than the rest of the world combined. New towns, water projects, power stations and other infrastructure have been built, which make it possible to take care of a growing population, with an increasing standard of living.

In 2013, China’s President Xi Jinping launched this development policy on and international level with the Belt & Road Initiative, also known as The New Silk Road, which, today, is 12 times larger than the U.S. Marshall Plan after World War II, and over 60 countries are now participating. Denmark ought to be a prominent part of this development agenda, especially in Africa and South-West Asia.

2. A New Bretton Woods Credit System

On November 30, the G20 summit will occur in Argentina, and the Schiller Institute has suggested that the summits between President Trump, Xi Jinping and Putin be used to establish a new Bretton Woods credit system, in cooperation with India’s Prime Minister Modi. A new version of the old fixed-exchange system, established after World War II, but now, to create long-term credit for the development of all nations. This is the only thing that can prevent the ongoing disintegration of the current City of London and Wall Street-based financial system from leading to chaos and possible war.

3. LaRouche’s Four Laws

In Denmark, we can now prepare measures that can protect our economy against the upcoming financial tsunami. The Schiller Institute has proposed Lyndon LaRouche’s Four Laws, a conceptual script to turn our economy away from financial speculation, and back to physical economy, and scientific and technological progress:

1. The enactment of Glass-Steagall bank separation of the Danish financial sector, where we clear out, and reorganize the banking system and divide normal banking activity from financial speculation. The financial supermarkets must be separated into normal banks, investment banks, mortgage business and insurance, each on its own. Banks and other financial institutions must be divided and reduced in size, so they no longer constitute a systemic risk, and the government deposit guarantee will only apply to normal banks;

2. We must create government credit for productive investment in the economy;

3. We must channel part of this credits into major infrastructure projects, and other things, that can increase productivity, and energy-flux-density in the economy, and create the next, higher economic platform for Denmark, such as a Kattegat bridge and a national maglev network, and fixed connections between Helsingør (Demark) and Helsingborg (Sweden), and under the Fehmarn Belt (to Germany).

4. We must invest heavily in research and  development of the areas that create future technologies, such as nuclear power, fusion energy, space research, etc. The biggest mistake we can make, is to believe that we can leave these questions to the financial world. It has proven that it has neither the moral compass, nor the necessary solutions, to ensure our future. Therefore, the state must now assume its responsibility, and establish the necessary laws and regulations that can safeguard the general welfare, and the future of Denmark, and the Danish people. In light of the recent bank scandals, there is a broad public backing for doing just that.

Thank you.

 


The Schiller Institute’s New Silk Road Dossier in French Presented in Paris

The French edition of the Schiller Institute report “New Silk Roads Becomes the World Land-Bridge Vol II,” was presented on Nov. 6 at a Paris seminar. Among the 100 participants were representatives of 10 embassies from Europe, Africa and Eurasia, Chinese and Russian media, strategic analysts, and African associations particularly interested by the industrialization perspective for their continent.

This dossier will help to counter the negative propaganda about the New Silk Road promoted by many of the national think tanks and media in France, including the French Institute of International Relations (IFRI), which just published a very hostile report. While the French government is open to participating in the Belt and Road Initiative, it is so far only involved in small joint projects in the area of artificial intelligence, and a couple of joint projects in Namibia and Cambodia.

Schiller Institute President Helga Zepp-LaRouche opened the seminar, followed by representatives of the French Schiller Institute who gave brief outlines on the contents. Helga Zepp-LaRouche noted that the Schiller Institute’s dossier, with its development projects for Africa, the Middle East, and the rest of the world, offers the solutions to the major crises of today, including the threat of a new financial crash, the refugee flows, and world peace. In the same vein, the Belt and Road Initiative, based on the principle of win-win cooperation, proposes an alternative to geopolitics, which seeks to impose the interests of one country or group of countries (empire) on others. Zepp-LaRouche drew a parallel between Xi Jinping’s idea of a “shared community of principle for the future of humanity” and the philosophy of Nicholas of Cusa of the “coincidence of opposites”, where humanity is thought of as a “One”, which is of a higher magnitude than the “Many”.

Odile Mojon went through the 40-year historic role of Lyndon and Helga Zepp-LaRouche in the emergence of this Eurasian perspective, going back to the fights of the non-aligned movement in the 70s and the 80s and up to the emergence today of the BRICS group and China's New Silk Road. Karel Vereycken presented the secrets of the Chinese development model, which has nothing to do with British free trade, but much more with centralized long-term planning that regulates the market, such as guided the New Deal in the US and the French planning tradition.

Sebastien Périmony went through the rapid industrialization occurring in Africa as a result of Chinese investments, a situation that is creating panic in France whose market shares plunged from 11% to 5,5% between 2000 and 2017, while the Chinese share rose from 3% in 2001 to 18% last year. Périmony debunked the “debt trap” campaign designed to discredit Chinese initiatives, and concluded by presenting a few large infrastructure projects like the Trans-Sahelian Noukchott-Ndjamena railway, which would give France an excellent opportunity to engage with China in joint African projects.


Helga Zepp-LaRouche in Paris: “It’s now or never for the New Silk Road”

On the occasion of the release of the French version of the Schiller Institute’s report “The New Silk Road becomes the World Landbridge,” Helga Zepp-LaRouche presents the urgency of making this new paradigm a reality.

 

 

Image credit: Getfunky Paris, https://en.wikipedia.org/wiki/File:Eiffel_Tower_and_Pont_Alexandre_III_at_night_(banner_esVoy).jpg


Yemen’s Foreign Minister Sends Message of Gratitude to Helga and the LaRouche Movement

September 23,2017

On September 19, the Yemeni Arabic news service Khabar Agency published the full text of a letter sent by the Foreign Minister of Yemen, Eng. Hisham Sharaf, to Helga-Zepp LaRouche and all members of the International LaRouche Movement, expressing gratitude for the campaign they have been waging to stop the war of aggression on Yemen and calling for integrating Yemen into the New Silk Road paradigm.

Khabar Agency titled its report as: “Foreign Minister Sends a Telegram to the New Silk Road Lady.” The following is a translation of the text of the letter:

To the honored friend Helga LaRouche,
Chairwoman of the Schiller Institute,
The New Silk Road Lady,

Subject: Gratitude for your international campaign to stop the aggression against Yemen, to support the Yemen people’s right to development.

It is my pleasure to express, in this my second letter to you following the first one I sent on the occasion of Women’s Day in March, my appreciation to your personal, and the International Schiller Institute’s, stances and great efforts exerted in Berlin, and those of the LaRouche Movement in Washington, to make Yemen a pearl in the necklace of the New Silk Road, as you mention in your literature.

I received with great gratitude your special statement which calls for establishing an international commission to investigate the violations committed by the Saudi aggressors against our people, and also the six-point appeal to stop the aggression immediately, lifting the blockade imposed from the sea, air and land, and moving towards reconstruction, development along the New Silk Road as a means to restart the national dialog which was interrupted by the ugly war of aggression.

We in the Republic of Yemen have also followed with great interest the Xiamen BRICS Plus summit and the vision embedded in its declarations. We have also followed the events launched by your movement starting in Berlin where your Vice-Chairwoman Mrs. Elke Fimmen addressed the public in a Berlin square, and Mr. Ulf Sandmark who spoke at the Human Rights Commission’s sessions in Geneva, and Mr. Jason Ross and his colleague Matthew Ogden in the LaRouche PAC, and all LaRouche activists around the world.

We were deeply moved by the site of the two courageous ladies Michelle Fuchs and Lynne Speed as they were distributing thousands of leaflets in the streets of New York in front of the UN General Assembly headquarters, these leaflets that convey the aspirations of the people of Yemen to live in peace and prosperity which is identical to the true American dream of peace and human development. They stood in stark contrast to those who sold their conscience and made human mind and blood the least worthy thing. We assure you and those who stand in the streets of New York like Michelle and Lynne, of our full support and solidarity with the families of the victims of the 9/11/2001 terrorist attack, until the culprits and masterminds behind it are brought to the court of justice to receive their deterrent punishment.

Finally, I convey to you the greetings of the peace-loving Yemeni people, and assure you that Yemen is planning to become an active component in the vision and the steps of building the New Silk Road to establish world peace. We will be a key global partner to accomplish the UN Sustainable Development Goals 2030.

Until we meet sometime soon, accept my most sincere regards.

Eng. Hisham Sharaf,
Foreign Minister
Sana’a, Yemen

 


Zepp-LaRouche in Copenhagen: Donald Trump and the New International Paradigm

On Monday, December 12, Helga Zepp-LaRouche was the special guest speaker at a Schiller Institute/EIR seminar in Copenhagen entitled, “Donald Trump and the New International Paradigm.” Eight diplomats from six countries attended, including two ambassadors. There were nations from Western Europe, Southwest Asia, Western and Eastern Asia, and Africa. In addition, there were around 30 Schiller Institute members and contacts, as well as a few representatives of various Danish and international institutions.


EIR Seminar in Frankfurt on New Silk Road for Mideast and Africa

The seminar, “Solving the Economic and Refugee Crises with the New Silk Road!” organized by EIR in cooperation with the Consulate General of Ethiopia in Frankfurt, was attended by an audience of 75, consisting of representatives of several diplomatic offices, of subscribers and contacts of EIR in the region, and about 10 Syrians (students as well as refugees waiting for enrollment at universities). Several contacts even came from as far away as Berlin, and cities in Switzerland. Extending over the entire afternoon, the seminar featured presentations by Helga Zepp-LaRouche, chairwoman of the Schiller Institute; Hussein Askary, EIR Arabic Editor, Stockholm; Mehreteab Mulugeta Haile, Consul General Federal Democratic Republic of Ethiopia; Marcello Vichi, former Director, Foreign Department Bonifica company, author of the Transaqua concept; Andrea Mangano, Vice President, Italian Association of Water Engineers and contributor to the Transaqua outline. The speakers were joined by Mohammed Bila, Lake Chad Basin Commission, and Ulf Sandmark, Schiller Institute Stockholm and Swedish-Syrian Committee for Democracy, for an expanded panel in the second part of the seminar. The seminar was moderated by Claudio Celani of the EIR‘s European center in Wiesbaden.

In her keynote, Helga Zepp-LaRouche stressed that this would not be an academic seminar but rather a discussion about the fact that in this existential crisis of mankind, shown by the refugee crisis, the wars and the financial crash, solutions are within reach and must be realized now. In the wake of the terror attacks in Brussels yesterday, it is more than appropriate to recall former U.S. Senator Bob Graham’s statement of mid-November last year after the terror attacks in Paris then, that had the classified 28 pages of the Joint Congressional Inquiry into 9/11 been made public, such atrocities could and would have been prevented.

It is beyond any doubt that the Russian military intervention in Syria changed the rules of game, that it exposed the role of that pro-IS alliance of Saudi Arabia, Qatar, United States, and United Kingdom, and particular that of Turkey, whose policies have been attacked harshly by two former U.S. ambassadors to Ankara. The EU agreement with Turkey on the refugees is a travesty which fits in the general picture of Western and U.S. human rights violations which have just been exposed in a Chinese dossier. Whereas the West is talking about an insanity like “helicopter money” to save its own speculative banks, the Chinese “One Belt, One Road” initiative presents a real-economic offer for a win-win strategy; that is, not just in the interest of China but also of the other nations–and real development only will help to dry out terrorism. Either Europe works with Russia, China, India, Iran, Egypt, and other nations to launch a Marshall Plan for Syria and Africa, or its bankrupt economies will crash against the wall, Mrs. Zepp-LaRouche said.

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Hussein Askary from EIR, Arabic translator of “The New Silk Road becomes the World Land-bridge”.

Presenting the EIR World Land-Bridge report in its first Arabic translation, Hussein Askary reported that as this seminar was being held in Frankfurt, an event presenting the Arabic report was also taking place in Yemen today under conditions of continued Saudi airstrikes of Yemeni cities. The idea of the New Silk Road is more than just building a few roads and railroads; it is a concept of development corridors improving the life of some 450 million people in the Southwest Asian region, with Syria being at the center. This involves mega-projects of rapid development, financed by national development banks free of the obligation of paying the debt as demanded by the Western monetarist institutions. Like Egypt, Syria will focus on industrial zones, transport corridors and agricultural development, with China showing the way with its massive infrastructural engagement for instance in East Africa.

The Ethiopian Consul-General followed with a presentation on the economic strategy of his country, characterized by policies that have greatly improved the per-capita income, literacy rate, and public health care since the 1990s. With an envisaged annual GDP growth of 11%, Ethiopia wants to become a middle-income level country by 2025, made possible by opportunities for Ethiopians to set up a farm or shop at the price that many pay today to human traffickers to be brought to Europe as refugees. Ethiopia, itself, is the largest refugee host in Africa, with 800,000 refugees from South Sudan, Somalia, Eritrea taken in–a fact that nobody in Europe talks about. Ethiopia will be transformed from a primary-products exporter to a nation with high-value production and infrastructure, and the country’s cooperation with Russia, China, India, and Brazil in rail projects is important in this context.

Marcello Vichi then gave a review of the history of the Transaqua Project discussion during the past 35 years, from the first proposals presented by Italy’s Bonifica company 1982-1985, to African governments as well as the United Nations, pointing to a transfer of water from the giant Congo River as the only viable option for refilling Lake Chad. The proposal has largely been met with disinterest or pessimism as to the chance of its realization, has been discarded as allegedly “megalomaniac,” but the recent refugee streams have made Europe rethink its views, and Transaqua, which has always been more than just water for Chad — rather the broader framework for the development of entire Central Africa — is the only option that can attract the young generation of African labor force not to become refugees.

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Marcello Vichi reviews the 35 year history of the Transaqua Project.

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Marcello Vichi introducing Andrea Mangano as a leading proponent of the Transaqua project.

 

Andrea Mangano then gave an overview of what Lake Chad was 35 years ago and what it is now, with 90% of its water lost. It shares the problem with other evaporating inland lakes in the world that are no longer supplied by their traditional tributaries–the Aral Sea, Lake Urmia, Lake Turikana, the Dead Sea. The only thing that improves the situation is water transfer and reduced consumption by irrigation via new technologies. This is done by Transaqua, which will tap 5% of the water from the upper tributaries of the Congo River, which is otherwise flowing away unused into the Atlantic Ocean at volumes 14 times the water of Germany’s biggest river, the Rhine. Refilling the lake will be done with infrastructure construction that will give the entirety of Central Africa hydropower, irrigation for agriculture, and waterway transport, and relieve the region from its present land-locked situation.

Mohammed Bila elaborated on the Transaqua issue in the expanded panel, pointing to the big and ongoing migration wave southwards from Chad, since the huge drought of 1973 during which the Lake Chad already lost 40% of its water. The farmers and their cattle that have migrated to the south, will not return to Chad unless the lake is refilling, and unless the terrorist movement of Boko Haram has been crushed.

Ulf Sandmark reported on his two visits to Syria in 2014 and 2015, during which it became evident that the reconstruction of Syria actually implies the development of the entire Southwest Asia region, making it an integral part of the New Silk Road–to which he found the Syrians open-minded, and when the “Phoenix” reconstruction plan drafted back in Stockholm was presented to the Syrians during the second visit, it received broad coverage in the country’s media.

The discussion between the audience and the panelists featured more aspects of what was said in the presentations, ranging from the genocidal tradition of the British Empire which has sabotaged real development in Africa and Mideast, the hopelessness of the monetarist system, and the increased threat of a thermonuclear world war if the chance of changing course in the direction of cooperation with the New Silk Road is not taken by Europe and the United States; that it is a race of time to enter a new paradigm before the total collapse destroys everything. Also, that contrary to Western black propaganda, China is not engaged in Ethiopia for raw materials, since Ethiopia has none, but instead is a real partner for development. Zepp-LaRouche repeatedly insisted during the discussion that the participants of this Frankfurt seminar take home with them the commitment to set fire to the behinds of the policy-makers to get things fundamentally changed, that a real mass movement for development has to be created. Vichi made a passionate appeal to be optimistic as a must for people so that things can be changed. A new and creative image of man, as it was developed in the great Italian Renaissance, is required also today, Celani pointed out. Sandmark also insisted that the New Silk Road is not just for engineers but for everyone to study at more seminars and chapter meetings. The first chapter meeting on the Arabic language report in Yemen today was actually being presided over by the leading poet of that country, Askary added.

 

 

 


Egyptian Transportation Minisitry sponsored launching of Arabic version of EIR’s “World Land Bridge” Report

EIR‘s Southwest Asia specialist and Arabic editor, Hussein Askary, has concluded a very successful one-week trip to Egypt to launch and promote the Arabic translation of EIR‘s Special Report The New Silk Road Becomes the World Land-Bridge, and the ideas within the report. The report and the presentations made by Askary were enthusiastically welcomed by top government officials, economists, and media.

The highpoint of this intervention was the very high-level and well-attended launching of the Report under the auspices of the Egyptian Ministry of Transport in a seminar on March 17 at the headquarters of the Ministry, presided and introduced by Minister Saad El Geyoushi personally.

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Egyptian Ministry of Transport Minister Saad El Geyoushi.

The other highpoint was the reception awarded Askary on March 20 by the Chairman of the Suez Canal Authority, Admiral Mohab Mamish, the man who oversaw the breathtaking building of the New Suez Canal. Mamish received Askary at his office in Ismailia right on the Suez Canal, and attentively listened to a detailed briefing on the importance of this achievement not only for Egypt’s economy, but also for the region and the global economy, too, if it is utilized as a development zone and hub for the development corridors stretching from China through Southwest Asia to Africa, and also as part of the Maritime Silk Road.

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Hussein Askary with Admiral Mohab Mamish, Chairman of the Suez Canal Authority.

Askary’s meeting with Mamish, in which the latter received a gift copy of the report, was preceded by a presentation to the team working under Eng. Nagy Ahmed Amin, Director of Planning, and Research Studies Department at the Suez Canal Authority. Askary was later offered a private guided boat tour of the New Suez Canal.

At the launching seminar at the Transportation Ministry, Dr. Saad El Geyoushi personally presented Askary, as the Southwest Asia specialist of EIR and representative of the Schiller Institute, and in both his introductory remarks and commentary on Askary’s presentation, Dr. El Geyoushi expressed total concordance with the idea of the New Silk Road, and his government’s plans to integrate Egypt’s transportation networks into the New Silk Road dynamic. He also took the opportunity to announce that the Egyptian government intends to invest one trillion Egyptian Pounds (100 billion US$) in roads and railways, not only to develop Egypt’s transportation network, but also to connect Egypt to Asia, and, most importantly, to Africa to the south, in a 50,000 km network.

The packed hall at the Ministry hosted top experts and advisors of the Ministry and other institutions, and several Egytian TV networks and newspapers. Interestingly, the Chinese Arabic TV channel CCTV-Arabic, was present, and recorded an interview with Askary. Two other TV channels also interviewed Askary.

Two other seminars were organized: one by the Egyptian Society of Engineers (founded in 1920), which was held at the Cairo Great Library, and attended by former Egyptian Prime Minister Dr. Esam Sharaf (also a former Minister of Transport in several Egyptian governments), who was the main commentator on Askary’s presentation of the New Silk Road concept. Sharaf expressed his agreement with not only the economic and scientific aspects of the presentation and the report, of which he received a copy, but also with the political, strategic and cultural aspects, too.

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Hussein Askary At Cairo Great Library.

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Hussein Askary With Egypt’s former Prime Minister Esam Sharaf at the Cairo Great Library.

He stated that he had just returned from a long visit to China, and that he deeply believed that the New Silk Road is the foundation of a new and more humane World Order, unlike the current order which has degraded human existence and dignity. He also emphasized the point raised in the report, that the New Silk Road and any other such projects are not mere trade routes, but development corridors that can transform all societies where they reach, along with the nations that decide to participate in them. He highly recommended that the current Egyptian government take this project seriously, and integrate it in its developmental plans and visions. Sharaf expressed his gratitude to EIR and the LaRouches personally, whom, he said he has taken note of, with their ideas and activities for a long time.

In addition to these events, Askary was invited to three TV shows (CBC Extra, Nile Cultural TV, and Nahdha TV) to present the report and the New World Order it represents.

The events taking place this week and all the discussions and debates that followed, clearly indicate that the idea of the New Silk Road and World Land-Bridge, and the utilization of these ideas for the development of Egypt, the Arab World, and Africa, is regarded as a way to save the Egyptian economy, which has been suffering the terrible consequences of submitting to the Transatlantic system and its institutions, such as the World Bank and IMF. Egypt is still suffering economically and socially, in addition to the security aspect that has been worsened by NATO’s unleashing of the Jihadist terrorist hordes in the region. The urgent demands of the people for reform and betterment of the living conditions are pushing the President Abdel Fattah El Sisi and his Prime Minister to resort at times to crisis-management policies. At the moment this report is written, the Egyptian government is facing a new reshuffling, with eight ministers reportedly being replaced. But the clarity of vision regarding the solutions to this crisis, and the resilience and determination shown by the Egyptian people and their leadership, represent a great hope for this nation and the region.

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EIR Special Report “The New Silk Road Becomes The World Land-Bridge” available here >>


Egyptian Transportation Minisitry sponsored launching of Arabic version of EIR’s World Land Bridge Report (Initial Report)

Cairo, March 17 — The Egyptian Transportation Ministry sponsored an event to launch the Arabic translation of the EIR Special Report “The New Silk Road Becomes the World Land Bridge” today at the headquarters of the Ministry in Cairo. Transportation Minister Dr. Saad El Geyoushi personally headed the seminar and presented Hussein Askary, as the Southwest Asia specialist from EIR (Executive Intelligence Review) and representative of the Schiller Institute. Both in his introductory remarks and commentary on Askary’s presentation, Dr. El Geyoushi expressed total concordance with the idea of the New Silk Road, and his government’s plans to integrate Egypt’s transportation networks to the New Silk Road dynamic. He also stated that the Egyptian government is intending to invest EGP 1 trillion Egyptian pounds ($100 billion) in roads and railways, not only to develop Egypt’s transportation network, but also to connect Egypt to Asia and most importantly to Africa to the south.

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Hussein Askary, introduced as the Southwest Asia specialist from EIR (Executive Intelligence Review) and representaive of the Schiller Instutute, seated to the left of the Minister.
source: soutalomma.com

A packed hall hosted top experts and advisers of the ministry and other institutions, and several Egyptian TV and newspapers. Interestingly, the Chinese Arabic TV channel CCTV-Arabic, was present and taped an interview with Askary. Two other TV channels also interviewed him.

There are still few media reports, as the event took place in the evening.

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Official website: http://www.soutalomma.com/158464