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Originally posted by gelly
reply to post by Amagnon
Even so, the US has had a half century head start in acquiring real assets around the world and building a huge military. It's a game the US has won already, some have accepted it, others now are trying to counter it, but in the end,
Originally posted by marg6043
Very soon US will not even be invited,
Even before the money started flowing in, Chad ranked 142 in Transparency International's Corruption Perceptions Index for 2004. Nigeria occupied 144th position. Only two countries, Bangladesh and Haiti, fared worse.
But when asked to assess the collège's efficacy in 2004, the first year oil revenue hit the treasury coffers, Assingar has a sheet of paper showing that a respectable 76 percent of the funds under its control had been allocated to approved projects. He would see how things pan out in 2005 before deciding whether to remain a member.
"But for sure, as soon as any abuses become flagrant, I shall resign."
Unconvincing explanations came out of the government early this year when Chad's teachers threatened to strike, citing three months' salary arrears, a far longer default than they had suffered in the years before oil.
"Strangely enough it is when the government's pockets are filling up with oil money that it is unable to pay teachers' salaries," said Ange-Gabriel Soulassengar, then a lay worker with the Roman Catholic Church, the institution that has emerged as the oil project's sternest critic in Chad.
Up to 50,000 people in Darfur may have died and a million have been made homeless during the conflict.
Mr Powell blamed the government of Sudan and pro-government Arab Janjaweed militias for the killings.
"We concluded that genocide has been committed in Darfur and that the government of Sudan and the Janjaweed bear responsibility and genocide may still be occurring," Mr Powell said.
Mr Powell's conclusion is based on evidence collected by state department investigators, who interviewed more than 1,800 refugees.
Meanwhile, aid agencies including Oxfam, Care International and Save the Children have accused three nations of failing to give enough aid to Darfur.
The agencies criticised Japan, France and Italy for giving only $6m, $9.6m and $10.8m respectively.
"These are some of the richest countries in the world and they have been some of the poorest donors," an Oxfam spokeswoman said.
The US contributed $206m in 2004-5, and the UK gave $94m.
Originally posted by marg6043
I guess at least the numbers in this one can not be deny.
America is not longer all American anymore.
The 2002 numbers can not hide the facts.
Is this prove enough for you
foreign investment creates jobs--often good jobs--in the U.S.
Millions of jobs have moved offshore in the last decade, but millions more have been created or saved by foreign companies investing in the U.S. More than 5 million people--4% of the American private sector-workforce--are employed by companies headquartered overseas, primarily in Europe or Asia, according to data from the Department of Commerce. The Organization for International Investment calculates that roughly one-third of those jobs are in manufacturing, an area where the U.S. has supposedly lost its edge.
Another surprise: Foreign-owned factories based in the U.S. do more than cater to the huge American market; these businesses also export nearly $170 billion worth of goods made in this country. That's nearly a fifth of all U.S. exports.
The Organization for International Investment put together a list of the largest foreign companies operating in the U.S., prepared by accounting and consulting firm RSM McGladrey. The list is based on annual reports, SEC filings and other company-provided data for 2006, the latest available when RSM McGladrey and OFII began compiling the list.
Foreign direct investment in the U.S. leapt 88% between 2005 and 2007 to $204 billion. The numbers could be even higher in 2008. Of course, Airbus is just one company that could be investing big in the U.S. So will German automaker BMW, with a $750 million expansion of its plant in South Carolina, and Cemex (nyse: CX - news - people ), the Mexican cement company planning a $400 million facility in Arizona. And with the U.S. dollar so weak, others may be tempted to follow.
US calls for China to have greater say in world economic affairs
China must be given a seat at the top-table of world economic affairs, the US treasury secretary, Timothy Geithner, said yesterday as he moved to reassure China that its investments in the US dollar were safe.
In his first official visit to China since becoming Treasury Secretary, Mr Geithner told politicians and academics in Beijing that he still supports a strong US dollar, and insisted that the trillions of dollars of Chinese investments would not be unduly damaged by the economic crisis. Speaking at Peking University, Mr Geithner said: "Chinese assets are very safe."
The comment provoked loud laughter from the audience of students. There are growing fears over the size and sustainability of the US budget deficit, which is set to rise to almost 13pc of GDP this year as the world's biggest economy fights off recession. The US is reliant on China to buy many of the government bonds it is planning to issue but Beijing's policymakers have expressed concern about the strength of the dollar and the value of their investments.
Originally posted by marg6043
Unfortunetely we Americans are still proud and can not believe how bad our nations has fallen.
Originally posted by SLAYER69
The US in about 10 or 15 years may not be #1. This however doesn't mean the "Mighty" Have fallen. It just means we will have new players on the world stage. This for some of us who have been around a while have seen this before during the cold war with a multi-polar world. This is a new concept to many younger people.
Originally posted by Amagnon
The market is like a car that is being driven by someone else - and you are trying to use statistics to determine if they are going to turn left or right.
What do you think this nations will do with all the US holdings they will come knowking the doors and take America apart one piece at a time.