TRAVELS BOOKS INTERNET SHOWBIZ Archive Sept 6 Archive July 19 Archive August 30 Archive August 23 Archive August 2

An independent view of the world seen from Tokelau

The Independent New York Times

Tokelau, Saturday, September 13, 2008 Weekend Edition, editor Sumpinein - contact sumpinein@gmail.com

DON'T MESS WITH ROYALS

Until this month, few people had ever heard of, let alone read, a novel by aspiring Australian writer Harry Nicolaides entitled Verisimilitude. According to the author, it was published three years ago, and in his own words "pulls away the mask of benign congeniality that Thailand has disguised itself with for decades, and reveals a people who are obsessed with Western affluence and materialism". The book sank into immediate obscurity. Only 50 copies were printed, and just seven sold. Mr Nicolaides, 41, continued to work in Thailand - as a lecturer in hospitality and tourism at a university in the northern town of Chiang Rai. There are plenty of other foreigners making a living in much the same way. But one passage in his forgotten novel has come back to haunt him. It refers briefly, and unflatteringly, to the lifestyle of a crown prince, presumed by the Thai authorities to be Prince Maha Vajiralongkorn, heir to the throne. They have used it as the basis for a charge of "lese-majeste" against Mr Nicolaides. A warrant for his arrest was issued in March this year, but - such is the habitual secrecy that surrounds all "lese-majeste" cases - he was never informed of this. He continued to travel in and out of Thailand on visa runs, until 31 August, when he was detained as he was about to board a flight to Australia. Today he is being held in a remand centre in Bangkok, awaiting trial. He was able to raise bail of 500,000 Thai baht ($15,000), but denied it on the grounds that he might flee the country. "I feel persecuted, to be honest," he said. "I don't feel I belong here. I want to be given a chance to apologise and explain, but not be in here, and experience these indignities and inhumanities," Mr Nicolaides said. He said he was being held in a cell with 90 other inmates, all of them Thai. "Someone learned that I am here for offending the monarch, and I had some very icy looks from men with tattoos from neck-to-toe," he said. The nightmarish situation Mr Nicolaides finds himself in is a chilling reminder of the severity of Thailand's "lese-majeste" law - he faces up to 15 years in jail - and of the unpredictability of its enforcement.

John Francis Kinsella's novel, Borneo Pulp, tells the story of how a group of industrialists planned the destruction of Borneo's rain forests in their race for profits.

In the last decades of the twentieth century the destruction of the Indonesian rainforest accelerated with the arrival of large multinational forestry industry companies. The promoters are Europeans, Indonesians and Taiwanese, backed by international banks who vie for a share in the rich rewards, in total disregard for the destruction that will be wreaked on the habitat of the indigenous peoples and the terrible effect that the mill would have on the natural environment. John Ennis arrives in Jakarta, on behalf of the consortium formed to promote the project, where he discovers an unexpectedly new world. Assigned to head the development by Antoine Brodzski the promoter and a Scandinavian multinational, he is plunged into a conflict of financial and political interests in Suharto’s Indonesia, where dollars are more important than the obliteration of huge swaths of Borneo’s primary forests and its unique wildlife and ecosystem.

LEHMANN FAILS

Our understanding of the Universe is about to change... The Large Hadron Collider (LHC) is a gigantic scientific instrument near Geneva, where it spans the border between Switzerland and France about 100 m underground. It is a particle accelerator used by physicists to study the smallest known particles – the fundamental building blocks of all things. It will revolutionise our understanding, from the minuscule world deep within atoms to the vastness of the Universe. Two beams of subatomic particles called 'hadrons' – either protons or lead ions – will travel in opposite directions inside the circular accelerator, gaining energy with every lap. Physicists will use the LHC to recreate the conditions just after the Big Bang, by colliding the two beams head-on at very high energy. Teams of physicists from around the world will analyse the particles created in the collisions using special detectors in a number of experiments dedicated to the LHC. There are many theories as to what will result from these collisions, but what's for sure is that a brave new world of physics will emerge from the new accelerator, as knowledge in particle physics goes on to describe the workings of the Universe. For decades, the Standard Model of particle physics has served physicists well as a means of understanding the fundamental laws of Nature, but it does not tell the whole story. Only experimental data using the higher energies reached by the LHC can push knowledge forward, challenging those who seek confirmation of established knowledge, and those who dare to dream beyond the paradigm.
HURRICANE IKE HITS GALVESTON TEXAS

CHINA?

DID SOMEONE SAY SOMETHING ABOUT BUBBLES?

SHANGHAI'S PLUNGE CONTINUES AS GAMES GLORY FADES

 RECESSION STARTS TO BITE
 
MOSCOW STOCKS TAKE NOSE DIVE MICEX LOWEST SINCE 2006 AS OIL SLUMPS & GEORGIA CRISIS BITES
The MICEX Index on Friday fell to its lowest level since June 2006, deepening Russian markets' biggest slump since the 1998 financial crisis.
Friday's fall — by as much as 9 percent in midafternoon trading — came after the Central Bank confirmed that it had stepped in to prop up the ruble amid a strengthening dollar and falling oil prices.
Russian markets were caught in a "triple whammy" of a global financial crisis, a sharp drop in commodity prices and a flow of bad political news, said Roland Nash, head of research at Renaissance Capital.
The markets enjoyed a measure of relief later Friday, recovering on a report that the Energy Ministry planned to propose raising the oil-extraction tax threshold from $15 to $25 per barrel, a step that would help to give oil companies an annual tax cut of up to $16 billion from 2010.
Ending a week in which the more liquid, ruble-denominated MICEX fell 8.5 percent and the dollar-denominated RTS Index dropped 11 percent, the MICEX closed down 3.7 percent for the day on Friday, at 1,234.71 points, while the RTS closed down 3.8 percent, at 1,469.15 points.
The 41 percent fall in the RTS since its May 19 high — when the index came within a whisker of breaking through the 2,500 mark — represents the market's biggest collapse since the infamous sovereign debt default and ruble devaluation of August 1998.
Nash said that of the triple whammy factors, global financial woes and falling commodities prices were much more significant than recent Russia-specific events, such as the war in Georgia and the TNK-BP conflict.

SHILLER ECONOMIC ANALYSIS - HOUSE PRICES

Why we might have to go to war with Russia

Sarah Palin Republican vice presidential nominee Sarah Palin gave her first TV interview last night and immediately warned America that it may have to go to war with Russia and explained why Israel had the right to bomb Iranian nuclear facilities. She called for Georgia and the Ukraine to be included in NATO, a treaty that requires the U.S. to defend them militarily. Palin said Russia's attack into Georgia last month was 'unprovoked'. Asked to clarify that she'd support going to war over Georgia, she said: 'Perhaps so.'

http://freedomains.nytimes.tk

ENDANGERED SPECIES AS ICE POLAR CAP MELTS http://www.worldwildlife.org

BRITISH LOW COST AIRLINE GOES BELLY-UP

The collapse of travel company XL Group, the third-largest package operator in the country, is another gloomy indicator of the state of the British economy. XL was particularly exposed to soaring fuel costs but the wider pressures are clear. Up to 85,000 British holidaymakers were left stranded today after the UK's third biggest tour operator went bust. XL Leisure Group was forced to cancel all flights and ground its fleet of aircraft. The company announced the news at 3am after talks to save it failed and blaming the credit crunch and rising fuel prices for the crash. The Civil Aviation Authority has promised to fly home passengers caught up in the collapse and estimates that the number could hit 85,000. A further 200,000 people had booked holidays with XL and will now have to make new arrangements. Many may not get their money back. The move took holiday makers by surprise, prompting angry scenes at airports-XL had been taking bookings until very recently. At Gatwick, XL customers told of their fury at not discovering the news until they arrived there. Many were informed by airport officials, prompting a scramble for tickets on alternative airlines. Many others simply turned at the XL check-in desks and headed home.

THE TALLER THEY ARE...
Lehman Brothers is thought to have approached Bank of America as it actively seeks a buyer for the whole group, it emerged yesterday. The news came as continuing concerns about the brokerage’s financial stability dragged its shares down by a further 42 per cent Lehman is thought to have approached several potential buyers, who were poring over its books yesterday, as the beleaguered bank’s ability to survive as an independent entity was called further into question after Moody’s said it must find a strong financial partner if it is to escape a credit-rating cut. However, analysts cautioned that it may be difficult for Lehman to strike a deal without government support, because of its precarious financial position.