US

Argentina Responds to Supreme Court with Debt Swap Plan: Global Consequences of Court Ruling Remain Intact

In reaction to an adverse Supreme Court ruling against Argentina, President Cristina Fernández de Kirchner announced that Argentina would offer new bonds to its creditors governed under Argentine law. The proposed debt swap would involve the 92% of the country's creditors that agreed to restructure in the wake of the country's 2001 default. While the debt swap proposes an alternative for the South American country to avoid paying hold-outs, it fails to reverse the global implications on debt markets, debt restructuring and financial stability.

On the Status of Visiting Forces Agreement with Australia

The Philippine-Australia military agreement, known as the Status of the Visiting Forces Agreement (SOVFA), which was poised to be ratified by the Philippine senate on June 6, has now been postponed until late July for final ratification. The SOVFA will enable Australian troops to conduct military exercises and other related activities in the Philippines. The SOVFA, as with the US Visiting Forces Agreement, sets the guidelines for the treatment of visiting Australian troops. The SoVFA was signed in Canberra in May 2007.

Filipino women march against US military expansion in the Philippines and the Pacific

Unity Statement, March 8, 2012

On the occasion of the International Women’s Day 2012, we, Filipino women declare in strongest terms possible, our opposition not only to increased presence but to U.S. military presence per se on Philippine soil.

The United States is increasing its military presence in Asia-Pacific, in particular in the Philippines, and the Philippine government is showing no qualms in allowing this to happen.

No to US and Chinese expansionism

PHILIPPINES: Akbayan Party condemns plans for increased United States military presence in the country amid burgeoning Chinese military expansionism. We believe these acts by the two superpowers will inevitably destabilize the West Philippine Sea and Southeast Asian region.

America’s unnerving celebrations post Bin Laden's death

"Rot in hell" screams the front page of the New York Post. “The Butcher of 9/11 is dead”, “We got him”, “US nails the bastard” as the United States of America basks in bloodthirsty revelry, tabloid antics went into over-drive. Spontaneous celebration filled Times Square, crowds gathered in front of the White House euphorically cheering “USA, USA, USA”. Mass hysteria broke out on the social networking scene with Twitter reporting 4000 tweets per second as news of Osama Bin Laden’s murder broke out.