Questionable Value System of Russian Siloviki; De-escalating
UK-Russia Impasse; Unilateralism does not work!; Real Russian View
London, UK - 22 July 2007, 21:52 GMT
Dear ATCA Colleagues
[Please note that the views presented by individual contributors are not
necessarily representative of the views of ATCA, which is neutral. ATCA conducts
collective Socratic dialogue on global opportunities and threats.]
We are grateful to:
. Dr Martin Smith for "The Questionable Value System of the Russian
Siloviki;"
. Lord Howell of Guildford for "De-escalating the UK-Russia Impasse;"
. Andrew Leung for "Unilateralism does not work! Global Interdependence
supports Multilateralism;"
. John Pickering for "The Real Russian View;" and
. Prof Lord Skidelsky of Tilton from The Palace of Westminster for "Noting
the Russian Constitution and Point of View;"
in response to The Lord Howell of Guildford's submission to ATCA, "Dealing
with Russia and USA in the context of the Middle East, China and India: Is
British diplomacy off the leash as a poodle turns into a bulldog?"
Dr Martin Smith has the rare distinction of having worked (at different times!)
both for Vladimir Vladimirovich Putin, President of the Russian Federation,
and for Putin's arch political opponent, and former Yukos boss, Mikhail Borisovich
Khodorkovsky, now languishing in a Siberian jail. He is the Founder and Chief
Executive of West Bridge Consulting, a political and corporate communications
advisory firm based in London. He was a partner at the leading UK corporate
and financial PR consultancy Brunswick from 1997-2003. Before joining Brunswick
he was Chairman of Government Policy Consultants (GPC) in London and Brussels.
In the 1980s he was Head of Public Affairs at the National Consumer Council
in London and an adviser to the European Commission, the Council of Europe,
Bureau Europeen des Unions de Consommateurs (BEUC) and Consumers International.
Martin has carried out assignments for the Canadian, Dutch, Czech, Slovak,
Russian and Japanese governments. Martin Smith holds MA and PhD degrees in
history awarded by Cambridge University, and is based in London. He writes:
Dear DK and Colleagues
Re: The Questionable Value System of the Russian Siloviki
I agree with Lord Skidelsky's characterization of the new British Foreign
Secretary's response to the Litvinenko/Lugovoi affair as "cavalier",
although I would prefer the word "simplistic". However I fear that
Lord Skidelsky himself, a man whose deep knowledge of Russian political economy
demands respect, is overly sanguine about the nature of the political crisis
which currently engulfs UK relations with Moscow. It has been customary in
Moscow for much of Putin's time as President of the Russian Federation to
speak of Russia's "shared values" with the West. Although this is
an entirely justifiable claim as regards whole swathes of the Russian intelligentsia,
and indeed several distinguished Russian government ministers and officials,
it does not reflect the value system of the Siloviki [Russian politician previously
from the security intelligence and/or military establishment] who control
many of the upper echelons of what are usually called the power ministries.
As is clear from numerous public utterances, these men regard both the manner
and the fact of the murder of Litvinenko in the heart of London's Mayfair
as a matter of no great international consequence. What's the big deal? The
man was a traitor!
[CONTINUES]
[ATCA Membership]
In the meantime the Litvinenko/Lugovoi affair will stand as a metaphor for
all that is inhuman and corrupt in the higher reaches of Bonapartist officialdom
in and around at least some of the corridors of power in Moscow.
Yours sincerely
Martin Smith
____________________________________________________________________________
The Right Honourable Lord (David) Howell of Guildford, President of the British
Institute of Energy Economics, is a former Secretary of State for Energy and
for Transport in the UK Government and an economist and journalist. Lord Howell
is Deputy Leader of the Opposition in the House of Lords and Conservative
Spokesman on Foreign Affairs. The Lord Howell of Guildford also Chairs the
Windsor Energy Group. Until 2002 he was Chairman of the UK-Japan 21st Century
Group, (the high level bilateral forum between leading UK and Japanese politicians,
industrialists and academics), which was first set up by Margaret Thatcher
and Yasuhiro Nakasone in 1984. In addition he writes a fortnightly column
for The JAPAN TIMES in Tokyo, and has done so since 1985. He also writes regularly
for the International Herald Tribune. David Howell was the Chairman of the
House of Commons Select Committee on Foreign Affairs, 1987-97. He was Chairman
of the House of Lords European Sub-Committee on Common Foreign and Security
Policy from 1999-2000. In 2001 he was awarded the Grand Cordon of the Order
of the Sacred Treasure (Japan). His latest book, 'Out of the Energy Labyrinth'
has been described as 'a serious and thoughtful attempt to grapple with the
complexities of the energy challenge and foreign policy', by James R Schlesinger,
and as 'a terrific book, not least because of its topicality' by Sir Simon
Jenkins. He writes:
Dear DK and Colleagues
Re: De-escalating the UK-Russia Impasse
I am glad that Lord Skidelsky and I are in agreement about the paramount importance
of long-term good relations with Russia. But with the greatest respect I must
disagree with him about the immediate situation and the question of the Constitution.
We have been told of several instances where, despite the wording of the Constitution,
individuals have been extradited from Russia in recent years. Were the Russian
Government so minded I have no doubt that similar ways could be found in this
case.
[CONTINUES]
[ATCA Membership]
I am not against the idea of a trial in Moscow, either with the full British
evidence being openly given and heard, or even with a court meeting under
British authority and procedures, as recently in The Hague. But one way or
another I am sure the next steps can now be resolved without further public
spats or posturing. It really ought to be possible between nations, who have
everything to gain by being good friends and working together.
David Howell
____________________________________________________________________________
Andrew Leung has over 40 years of experience in a variety of senior positions
working closely with China, including Hong Kong, covering commerce, industry,
finance, banking, transport, social welfare and diplomatic representation.
He has addressed numerous local and international business and strategic fora,
groups and organisations on China, including making regular television appearances.
He has written many key commentaries on China for pre-eminent global networks
such as ATCA. His audience includes finance and investment houses, institutional
investors, large businesses, think tanks, senior officials and business executives
as well as business schools. He was twice sponsored personally by the US Government
on briefing visits to the United States, including a month-long visit to brief
Chairmen and CEOs of multi-nationals on China, post-Tiananmen Square. He was
sponsored by the Economist as a speaker at a China conference in Berlin with
the German Foreign Affairs Institute. He was invited to brief personally the
Duke of York and the Lord Mayor of London prior to their China visits. He
writes:
Dear DK and Colleagues
Re: Unilateralism does not work! Global Interdependence supports Multilateralism
It goes without saying that appointing an open Bush critic as a minister and
dropping hints at distancing Britain from US exceptionalism are part of a
well-calculated move of Gordon Brown's new premiership to shed his predecessor's
'poodle' image. Such moves however reflect a realization that a one-sided
alliance may no longer be fit for purpose in today's global interdependent
geopolitics.
[CONTINUES]
[ATCA Membership]
Indeed, as Capitalism and Socialism are converging across the world, we need
a paradigm shift in our thinking how to engage with other countries, and how
to promote peace, stability and development in a world now virtually without
borders.
Andrew Leung
Andrew Leung is on the Governing Council of King's College London; the Advisory
Board of Nottingham University's China Policy Institute; and the Executive
Committee of the 48 Group Club with historical and working links with the
Chinese leadership. He leads the China Group of the Royal Society of Arts
London Region and chairs the China Interest Group of the Institute of Directors'
City Branch. He was Visiting Professor at the Graduate School of Management
at NIMBAS University, Utrecht, Holland (2006) and at China's Sun Yat-Sen and
Lingnan Universities (2005-6) for their International MBA Programmes. He was
elected a Fellow of the Royal Society of Arts in June, 2002, and was awarded
the Silver Bauhinia Star (SBS) in the 2005 Hong Kong's Honours List. He has
qualifications from the University of London, Cambridge University, The Law
Society and Harvard Business School. He speaks Cantonese and Mandarin and
practises Chinese calligraphy as well as fine art.
____________________________________________________________________________
John Pickering is the Vice-Chairman of the Labour Finance and Industry Group
(LFIG) as well as being an industrialist. LFIG is a UK Labour loyal think
tank that draws on the experience of senior managers, providing a practical
filter for legislation. He has been in international business development
throughout his career as a manufacturer and consulting engineer. He is currently
the Chairman of a Russian pharmaceutical company and Chairman of the trustees
of The Woolf Institute of Abrahamic Faiths in Cambridge. He is a graduate
of Cambridge University in physics and engineering, Cranfield Business School
as well a being a Fellow of the Institution of Electrical Engineers. He has
gained worldwide experience in general management in the power field and spent
a number of years managing power construction projects in Nigeria, Sudan and
Iran financed by the World Bank. Since then he has been in telecommunications
joining BT plc at privatisation to become their first head of commercial management.
In more recent times he has been a director investor in a number of global
enterprises. He writes:
Dear DK and Colleagues
Re: The Real Russian View
In reply to Lord Skidelsky and Lord Howell and since I have had Russian visitors
all this last week in my capacity as chairman of a new Russian enterprise
in Europe - the following information I was given might be of interest to
you.
[CONTINUES]
[ATCA Membership]
Regards
John Pickering
[ENDS]
We look forward to your further thoughts, observations and views. Thank
you.
Best wishes
For and on behalf of DK Matai, Chairman, Asymmetric Threats Contingency
Alliance (ATCA)
ATCA: The Asymmetric Threats Contingency
Alliance is a philanthropic expert initiative founded in 2001
to resolve complex global challenges through collective Socratic
dialogue and joint executive action to build a wisdom based global
economy. Adhering to the doctrine of non-violence, ATCA addresses
asymmetric threats and social opportunities arising from climate
chaos and the environment; radical poverty and microfinance; geo-politics
and energy; organised crime & extremism; advanced technologies
-- bio, info, nano, robo & AI; demographic skews and resource
shortages; pandemics; financial systems and systemic risk; as
well as transhumanism and ethics. Present membership of ATCA is
by invitation only and has over 5,000 distinguished members from
over 120 countries: including 1,000 Parliamentarians; 1,500 Chairmen
and CEOs of corporations; 1,000 Heads of NGOs; 750 Directors at
Academic Centres of Excellence; 500 Inventors and Original thinkers;
as well as 250 Editors-in-Chief of major media.
The views presented by individual contributors are not necessarily
representative of the views of ATCA, which is neutral. Please
do not forward or use the material circulated without permission
and full attribution.
Intelligence Unit | mi2g | tel +44 (0) 20 7712 1782 fax +44
(0) 20 7712 1501 | internet www.mi2g.net
mi2g: Winner of the Queen's Award for Enterprise in the category
of Innovation
Lord Skidelsky: Noting the Russian Constitution and
Point of View
London, UK - 21 July 2007, 12:20 GMT
Dear ATCA Colleagues
[Please note that the views presented by individual contributors are not
necessarily representative of the views of ATCA, which is neutral. ATCA conducts
collective Socratic dialogue on global opportunities and threats.]
We are grateful to:
. Prof Lord Skidelsky of Tilton from The Palace of Westminster for "Noting
the Russian Constitution and Point of View;"
in response to The Lord Howell of Guildford for his submission to ATCA, "Dealing
with Russia and USA in the context of the Middle East, China and India: Is
British diplomacy off the leash as a poodle turns into a bulldog?"
Prof Lord (Robert) Skidelsky is Professor of Political Economy at the University
of Warwick, England, author of The World After Communism (1995) and the internationally
acclaimed biography in three volumes of the most eminent post-Victorian economist
Lord John Maynard Keynes, which received 5 prizes, including the Lionel Gelber
Prize for International Relations and the Council of Foreign Relations Prize
for International Relations. He was elected a Fellow of the British Academy
in 1994. Robert Skidelsky was elevated to the House of Lords in 1991 and served
as Chief Opposition Spokesman on Treasury Affairs (1998-1999). From 1991 to
2001 he was Chairman of the Social Market Foundation. Since 2002 he has been
Chairman of the Centre for Global Studies (London). Lord Skidelsky is a non-executive
director of Janus Capital Inc and a Director of Transnational Insights Ltd.
A Russian speaker, he is Director of the Moscow School of Political Studies
and a Trustee of Our Talents Foundation (Moscow). He is also a Trustee of
the Manhattan Institute. He writes:
Dear DK and Colleagues
Re: Noting the Russian Constitution and Point of View
I wholly agree with The Lord Howell that 'handling... Russia correctly...is
vital to our well-being.' But I want to challenge his assertion that the expulsion
of four Russian diplomats from London was an 'entirely justified retaliation'
for Russia's refusal to extradite Andrey Lugovy to stand trial in a British
court on a charge of having murdered Alexander Litvinenko. This was not an
example of the correct handling of Russia.
[CONTINUES]
[ATCA Membership]
A correct handling of 'prickly' Russia might have been for Britain to agree
that Lugovy be tried in Moscow, with the condition that British prosecutors
presented their evidence in public to a Russian court. This would have been
a constructive step towards cross-country judicial cooperation. It is still
not too late for Britain to suggest this as a compromise, before the game
of 'tit for tat' does more damage than anyone wants.
Thank you
Robert Skidelsky
[ENDS]
We look forward to your further thoughts, observations and views. Thank
you.
Best wishes
For and on behalf of DK Matai, Chairman, Asymmetric Threats Contingency
Alliance (ATCA)
ATCA: The Asymmetric Threats Contingency
Alliance is a philanthropic expert initiative founded in 2001
to resolve complex global challenges through collective Socratic
dialogue and joint executive action to build a wisdom based global
economy. Adhering to the doctrine of non-violence, ATCA addresses
asymmetric threats and social opportunities arising from climate
chaos and the environment; radical poverty and microfinance; geo-politics
and energy; organised crime & extremism; advanced technologies
-- bio, info, nano, robo & AI; demographic skews and resource
shortages; pandemics; financial systems and systemic risk; as
well as transhumanism and ethics. Present membership of ATCA is
by invitation only and has over 5,000 distinguished members from
over 120 countries: including 1,000 Parliamentarians; 1,500 Chairmen
and CEOs of corporations; 1,000 Heads of NGOs; 750 Directors at
Academic Centres of Excellence; 500 Inventors and Original thinkers;
as well as 250 Editors-in-Chief of major media.
The views presented by individual contributors are not necessarily
representative of the views of ATCA, which is neutral. Please
do not forward or use the material circulated without permission
and full attribution.
Intelligence Unit | mi2g | tel +44 (0) 20 7712 1782 fax +44
(0) 20 7712 1501 | internet www.mi2g.net
mi2g: Winner of the Queen's Award for Enterprise in the category
of Innovation
Dealing with Russia & USA in the context of the
Middle East, China & India - Is British diplomacy off the leash as poodle
turns into bulldog?
London, UK - 20 July 2007, 12:22 GMT
Dear ATCA Colleagues
[Please note that the views presented by individual contributors are not
necessarily representative of the views of ATCA, which is neutral. ATCA conducts
collective Socratic dialogue on global opportunities and threats.]
We are grateful to:
Given the recent diplomatic row between Russia and the United Kingdom, we
are grateful to The Lord Howell of Guildford from The Palace of Westminster
for his submission to ATCA, "Dealing with Russia and USA in the context
of the Middle East, China and India: Is British diplomacy off the leash as
a poodle turns into a bulldog?"
The Right Honourable Lord (David) Howell of Guildford, President of the British
Institute of Energy Economics, is a former Secretary of State for Energy and
for Transport in the UK Government and an economist and journalist. Lord Howell
is Deputy Leader of the Opposition in the House of Lords and Conservative
Spokesman on Foreign Affairs. He writes:
Dear DK and Colleagues
Re: Dealing with Russia and USA in the context of the Middle East, China
and India -- Is British diplomacy off the leash as a poodle turns into a bulldog?
Well, that's two important friends upset -- and all in the first few weeks
of Gordon Brown's premiership. Moscow is seething at London's "immoral
act" of chucking out four of their diplomats (read intelligence officers)
in entirely justified retaliation for their refusal to hand over the number
one suspect in the ugly murder of Alexander Litvinenko.
[CONTINUES]
[ATCA Membership]
Let us hope that our charted course through the rough global seas is now being
quietly and skilfully altered.
Best wishes
David Howell
The Lord Howell of Guildford also Chairs the Windsor Energy Group. Until 2002
he was Chairman of the UK-Japan 21st Century Group, (the high level bilateral
forum between leading UK and Japanese politicians, industrialists and academics),
which was first set up by Margaret Thatcher and Yasuhiro Nakasone in 1984.
In addition he writes a fortnightly column for The JAPAN TIMES in Tokyo, and
has done so since 1985. He also writes regularly for the International Herald
Tribune. David Howell was the Chairman of the House of Commons Select Committee
on Foreign Affairs, 1987-97. He was Chairman of the House of Lords European
Sub-Committee on Common Foreign and Security Policy from 1999-2000. In 2001
he was awarded the Grand Cordon of the Order of the Sacred Treasure (Japan).
His latest book, 'Out of the Energy Labyrinth' has been described as 'a serious
and thoughtful attempt to grapple with the complexities of the energy challenge
and foreign policy', by James R Schlesinger, and as 'a terrific book, not
least because of its topicality' by Sir Simon Jenkins.
[ENDS]
We look forward to your further thoughts, observations and views. Thank
you.
Best wishes
For and on behalf of DK Matai, Chairman, Asymmetric Threats Contingency
Alliance (ATCA)
ATCA: The Asymmetric Threats Contingency
Alliance is a philanthropic expert initiative founded in 2001
to resolve complex global challenges through collective Socratic
dialogue and joint executive action to build a wisdom based global
economy. Adhering to the doctrine of non-violence, ATCA addresses
asymmetric threats and social opportunities arising from climate
chaos and the environment; radical poverty and microfinance; geo-politics
and energy; organised crime & extremism; advanced technologies
-- bio, info, nano, robo & AI; demographic skews and resource
shortages; pandemics; financial systems and systemic risk; as
well as transhumanism and ethics. Present membership of ATCA is
by invitation only and has over 5,000 distinguished members from
over 120 countries: including 1,000 Parliamentarians; 1,500 Chairmen
and CEOs of corporations; 1,000 Heads of NGOs; 750 Directors at
Academic Centres of Excellence; 500 Inventors and Original thinkers;
as well as 250 Editors-in-Chief of major media.
The views presented by individual contributors are not necessarily
representative of the views of ATCA, which is neutral. Please
do not forward or use the material circulated without permission
and full attribution.
Intelligence Unit | mi2g | tel +44 (0) 20 7712 1782 fax +44
(0) 20 7712 1501 | internet www.mi2g.net
mi2g: Winner of the Queen's Award for Enterprise in the category
of Innovation
Erosion of Commercial Real Estate as a Solid Asset Class
London, UK - 16 July 2007, 23:37 GMT
Dear ATCA Colleagues
[Please note that the views presented by individual contributors are not
necessarily representative of the views of ATCA, which is neutral. ATCA conducts
collective Socratic dialogue on global opportunities and threats.]
We are grateful to:
. Robert McNally, Chairman, London Chamber of Commerce Property and Construction
Group, for "Erosion of Commercial Real Estate as a Solid Asset Class;"
. Alexander Hoare, CEO, C Hoare and Co, Private Bankers, based in the City
of London, for "Destructive Creativity, Leverage
and The Derivatives Market;" and
. Dr Harald Malmgren, CEO, Malmgren Global, based in Washington, DC, for "The
Fear of Central Bankers -- Flight from Illiquidity, Derivatives and Heightened
Risk of Contagion;"
in response to, "Are the Currency Markets Warning
that there is Trouble Ahead? The Precipitous Decline of the US Dollar and
its Impact on the World."
Robert McNally is Chairman of the London Chamber of Commerce Property and
Construction Group, a member of the executive committee of the Singapore Business
Group in London and a member of the Investment Property Forum. Robert is a
Partner in the leading City of London based international law firm, Stephenson
Harwood. He is a recognised practitioner in real estate and real estate finance
matters with over twenty five years' practical experience of finding solutions
to real estate issues. He has a wealth of experience in all aspects of real
estate and other property backed financing arrangements. He has also lectured
in the UK and overseas on a variety of property related issues including,
real estate investment in the UK and contemporary issues in property financing.
He writes:
Dear DK and Colleagues
Re: Erosion of Commercial Real Estate as a Solid Asset Class
I trust that you are all well. I have found this ATCA Socratic dialogue particularly
interesting since it reflects what I have been observing in the UK commercial
property market for some months now. Traditionally UK commercial property
has been an important asset class particularly favoured by entities such as
pension funds and life assurance companies principally because UK commercial
property has offered certainty of income over a long term. As a consequence
UK commercial property has formed a vital part of any balanced investment
portfolio, providing high levels of income security and also the potential
for capital growth, compared to the bond and equity markets, which have tended
to be more volatile.
[CONTINUES]
[ATCA Membership]
Given the significant investment by UK pension funds in UK commercial real
estate and with current general concerns regarding the inadequacy of pension
provision in the UK, if there should be a "sudden disruptive movement"
in the commercial real estate market this would be a further blow to the pension
fund industry and the millions of workers who rely upon decent pension fund
returns to fund their retirement.
Watch this space!
Robert McNally
[ENDS]
We look forward to your further thoughts, observations and views. Thank
you.
Best wishes
For and on behalf of DK Matai, Chairman, Asymmetric Threats Contingency
Alliance (ATCA)
ATCA: The Asymmetric Threats Contingency
Alliance is a philanthropic expert initiative founded in 2001
to resolve complex global challenges through collective Socratic
dialogue and joint executive action to build a wisdom based global
economy. Adhering to the doctrine of non-violence, ATCA addresses
asymmetric threats and social opportunities arising from climate
chaos and the environment; radical poverty and microfinance; geo-politics
and energy; organised crime & extremism; advanced technologies
-- bio, info, nano, robo & AI; demographic skews and resource
shortages; pandemics; financial systems and systemic risk; as
well as transhumanism and ethics. Present membership of ATCA is
by invitation only and has over 5,000 distinguished members from
over 120 countries: including 1,000 Parliamentarians; 1,500 Chairmen
and CEOs of corporations; 1,000 Heads of NGOs; 750 Directors at
Academic Centres of Excellence; 500 Inventors and Original thinkers;
as well as 250 Editors-in-Chief of major media.
The views presented by individual contributors are not necessarily
representative of the views of ATCA, which is neutral. Please
do not forward or use the material circulated without permission
and full attribution.
Intelligence Unit | mi2g | tel +44 (0) 20 7712 1782 fax +44
(0) 20 7712 1501 | internet www.mi2g.net
mi2g: Winner of the Queen's Award for Enterprise in the category
of Innovation
The Fear of Central Bankers
Flight from Illiquidity, Derivatives
and Heightened Risk of Contagion
London, UK - 12 July 2007, 21:59 GMT - We are grateful to Dr Harald
Malmgren, based in Washington, DC, for "The Fear of Central Bankers
-- Flight from Illiquidity, Derivatives and Heightened Risk of Contagion"
in response to, "Are the Currency Markets Warning
that there is Trouble Ahead? The Precipitous Decline of the US Dollar and
its Impact on the World."
Dear ATCA Colleagues
[Please note that the views presented by individual contributors
are not necessarily representative of the views of ATCA, which is neutral.
ATCA conducts collective Socratic dialogue on global opportunities and
threats.]
Dr Harald Malmgren is an internationally recognised expert on world trade
and investment flows who has worked for four US Presidents. His extensive
personal global network among governments, central banks, financial institutions,
and corporations provides a highly informed basis for his assessments
of global markets. At Yale University, he was a Scholar of the House and
Research Assistant to Nobel Laureate Thomas Schelling, graduating BA summa
cum laude in 1957. At Oxford University, he studied under Nobel Laureate
Sir John Hicks, and wrote several widely referenced scholarly articles
while earning a DPhil in Economics in 1961. His theoretical works on information
theory and business organization have continued to be cited by academics
over the last 45 years. After Oxford, he began his academic career in
the Galen Stone Chair in Mathematical Economics at Cornell University.
Dr Malmgren commenced his career in government service under President
John F Kennedy, working with the Pentagon in revamping the Defense Department's
military and procurement strategies. When President Lyndon B Johnson took
office, Dr Malmgren was asked to join the newly organised office of the
US Trade Representative in the President's staff, where he had broad negotiating
responsibility as the first Assistant US Trade Representative. He left
government service in 1969, to direct research at the Overseas Development
Council, and to act as trade adviser to the US Senate Finance Committee.
At that time, he authored International Economic Peacekeeping, which many
trade experts believe provided the blueprint for global trade liberalisation
in the Tokyo Round of the 1970s and the Uruguay Round of the 1980s. In
1971-72 he also served as principal adviser to the OECD Wise Men's Group
on opening world markets, under the chairmanship of Jean Rey, and he served
as a senior adviser to President Richard M Nixon on foreign economic policies.
President Nixon then appointed him to be the principal Deputy US Trade
Representative, with the rank of Ambassador. In this role he served Presidents
Nixon and Ford as the American government's chief trade negotiator in
dealing with all nations. While in USTR, he became known in Congress as
the father of "fast track" trade negotiating authority, which
he first introduced into the historically innovative Trade Act of 1974.
He was the first official of any government to call for global negotiations
on liberalisation of financial services, and he was the first US official
to call for the establishment of an Asian-Pacific Economic Cooperation
arrangement, known in more recent years as APEC.
In 1975 Dr Malmgren left government service, and was appointed Woodrow
Wilson Fellow at the Smithsonian Institution. From the late 1970s he managed
an international consulting business, providing advice to many corporations,
banks, investment banks, and asset management institutions, as well as
to Finance Ministers and Prime Ministers of many governments on financial
markets, trade, and currencies. He has also been an adviser to subsequent
US Presidents, as well as to a number of prominent American politicians
of both parties. Over the years, he has continued writing many publications
both in economic theory and in public policy and markets. He is Chief
Executive of Malmgren Global and also currently the Chairman of the Cordell
Hull Institute in Washington, a private, not-for-profit "think tank"
which he co-founded with Lawrence Eagleburger, former Secretary of State.
He writes:
Dear DK and Colleagues
Re: The Fear of Central Bankers -- Flight from Illiquidity and Heightened
Risk of Contagion
It is true when ATCA states that "We are at one of those moments
in financial markets when the reality may not have changed much but perceptions
have clearly shifted. The shift is about risk, the willingness to accept
it and the premium to charge for it." At this moment financial traders
and many market analysts are focused on the deterioration of the US subprime
mortgage market because that is what fills daily business headlines.
[CONTINUES]
[ATCA Membership]
A flight from "illiquid" assets to liquid assets would bring
about a major swing in financial markets. What bankers in the past traditionally
described as "flight to quality" would be reinterpreted in a
"flight to liquidity" - to assets that are easily tradeable
on short notice. This would mean assets that have a large and highly liquid
market. The largest and most liquid market in the world can still be found
in the US bond and equity markets. It may seem counterintuitive, but in
a flight to liquidity, it is unlikely that there will be a flight from
the dollar, at least in the next few years. There are no other alternatives
big enough and liquid enough to provide "safety" when the values
of more risky, relatively illiquid assets come into question.
Best wishes
Harald Malmgren
[ENDS]
We look forward to your further thoughts, observations and views. Thank
you.
Best wishes
For and on behalf of DK Matai, Chairman, Asymmetric Threats Contingency
Alliance (ATCA)
ATCA: The Asymmetric Threats Contingency
Alliance is a philanthropic expert initiative founded in 2001
to resolve complex global challenges through collective Socratic
dialogue and joint executive action to build a wisdom based global
economy. Adhering to the doctrine of non-violence, ATCA addresses
asymmetric threats and social opportunities arising from climate
chaos and the environment; radical poverty and microfinance; geo-politics
and energy; organised crime & extremism; advanced technologies
-- bio, info, nano, robo & AI; demographic skews and resource
shortages; pandemics; financial systems and systemic risk; as
well as transhumanism and ethics. Present membership of ATCA is
by invitation only and has over 5,000 distinguished members from
over 100 countries: including several from the House of Lords,
House of Commons, EU Parliament, US Congress & Senate, G10's
Senior Government officials and over 1,500 CEOs from financial
institutions, scientific corporates and voluntary organisations
as well as over 750 Professors from academic centres of excellence
worldwide.
The views presented by individual contributors are not necessarily
representative of the views of ATCA, which is neutral. Please
do not forward or use the material circulated without permission
and full attribution.
Intelligence Unit | mi2g | tel +44 (0) 20 7712 1782 fax +44
(0) 20 7712 1501 | internet www.mi2g.net
mi2g: Winner of the Queen's Award for Enterprise in the category
of Innovation
Are the Currency Markets Warning that there is Trouble
Ahead?
The Precipitous Decline of the US Dollar and its Impact on the World
London, UK - 12 July 2007, 08:41 GMT
Dear ATCA Colleagues
[Please note that the views presented by individual contributors are not
necessarily representative of the views of ATCA, which is neutral. ATCA conducts
collective Socratic dialogue on global opportunities and threats.]
News that Standard & Poor's may cut the ratings of 612 residential mortgage-backed
securities backed by US sub-prime loans (worth an estimated USD 12 billion)
began the US dollar's further decline against both sterling and euro 36 hours
ago. Fears that other ratings agencies could follow suit made the British
pound (GBP) hit a new 26-year high against the dollar, rising to USD 2.0322
-- its highest level since June 1981. The euro (EUR) climbed further into
record territory yesterday -- within sight of the USD 1.38 mark -- amid concerns
about the health of the US economy fuelled by discouraging growth forecasts
from key retailers and home builders as well as the currency markets focus
on the possible collapse of the US subprime lending market. Traders said they
sold dollars on concerns that problems in the US housing market could slow
American economic growth.
[CONTINUES]
[ATCA Membership]
[ENDS]
We look forward to your further thoughts, observations and views. Thank
you.
Best wishes
For and on behalf of DK Matai, Chairman, Asymmetric Threats Contingency
Alliance (ATCA)
ATCA: The Asymmetric Threats Contingency
Alliance is a philanthropic expert initiative founded in 2001
to resolve complex global challenges through collective Socratic
dialogue and joint executive action to build a wisdom based global
economy. Adhering to the doctrine of non-violence, ATCA addresses
asymmetric threats and social opportunities arising from climate
chaos and the environment; radical poverty and microfinance; geo-politics
and energy; organised crime & extremism; advanced technologies
-- bio, info, nano, robo & AI; demographic skews and resource
shortages; pandemics; financial systems and systemic risk; as
well as transhumanism and ethics. Present membership of ATCA is
by invitation only and has over 5,000 distinguished members from
over 120 countries: including 1,000 Parliamentarians; 1,500 Chairmen
and CEOs of corporations; 1,000 Heads of NGOs; 750 Directors at
Academic Centres of Excellence; 500 Inventors and Original thinkers;
as well as 250 Editors-in-Chief of major media.
The views presented by individual contributors are not necessarily
representative of the views of ATCA, which is neutral. Please
do not forward or use the material circulated without permission
and full attribution.
Intelligence Unit | mi2g | tel +44 (0) 20 7712 1782 fax +44
(0) 20 7712 1501 | internet www.mi2g.net
mi2g: Winner of the Queen's Award for Enterprise in the category
of Innovation
The Future of the Global Internet Economy
London, UK - 7 July 2007, 9:27 GMT - The Internet is increasingly
critical to our economies and societies -- with far reaching implications
for all policy domains. Only now is the world beginning to grasp the Internet's
potential as a powerful driver of innovation, sustainable economic growth
and social well-being. It is timely for leaders in governments, corporates,
NGOs and technology experts to forge broad understanding and principles
that will guide the next decade of the Internet economy.
[CONTINUES]
[ATCA Membership]
We look forward to your further thoughts, observations and views. Thank
you.
Best wishes
For and on behalf of DK Matai, Chairman, Asymmetric Threats Contingency
Alliance (ATCA)
ATCA: The Asymmetric Threats Contingency
Alliance is a philanthropic expert initiative founded in 2001
to resolve complex global challenges through collective Socratic
dialogue and joint executive action to build a wisdom based global
economy. Adhering to the doctrine of non-violence, ATCA addresses
asymmetric threats and social opportunities arising from climate
chaos and the environment; radical poverty and microfinance; geo-politics
and energy; organised crime & extremism; advanced technologies
-- bio, info, nano, robo & AI; demographic skews and resource
shortages; pandemics; financial systems and systemic risk; as
well as transhumanism and ethics. Present membership of ATCA is
by invitation only and has over 5,000 distinguished members from
over 100 countries: including several from the House of Lords,
House of Commons, EU Parliament, US Congress & Senate, G10's
Senior Government officials and over 1,500 CEOs from financial
institutions, scientific corporates and voluntary organisations
as well as over 750 Professors from academic centres of excellence
worldwide.
The views presented by individual contributors are not necessarily
representative of the views of ATCA, which is neutral. Please
do not forward or use the material circulated without permission
and full attribution.
Intelligence Unit | mi2g | tel +44 (0) 20 7712 1782 fax +44
(0) 20 7712 1501 | internet www.mi2g.net
mi2g: Winner of the Queen's Award for Enterprise in the category
of Innovation
Update on UK Critical Alert & Responses to The Roots
of Terror contribution to ATCA by The Lord Desai
London, UK - 2 July 2007, 11:13 GMT
Dear ATCA Colleagues
[Please note that the views presented by individual contributors are not
necessarily representative of the views of ATCA, which is neutral. ATCA conducts
collective Socratic dialogue on global opportunities and threats.]
The UK's top counter-terrorism officer, Deputy Assistant Commissioner Peter
Clarke, of the Metropolitan Police, said the links between the three attempted
car bombings were becoming "ever clearer." He described the
investigation into the failed bombings as "extremely fast-moving."
He said forensic searches of vehicles were proving "extremely valuable"
and thousands of hours of CCTV were being sifted through. In other developments:
. Those arrested are believed to be of varying Middle Eastern nationalities;
. A controlled explosion was carried out on a car at the hospital where a
suspect is being treated. It is thought to have been connected to the failed
airport bombing;
. UK Prime Minister Gordon Brown said it was "clear that we are dealing,
in general terms, with people who are associated with Al-Qaeda;"
. United Nations Secretary General Ban Ki-moon said in a statement that he
"deplored" the attempted attacks and said he would discuss
them with Mr Brown when he visited London next week;
. US President George Bush said the failed bombings showed "the war
against these extremists goes on." He praised "the very strong
response" of the UK government; and
. UK Home Secretary Jacqui Smith will make a statement on the situation in
the House of Commons today.
____________________________________________________________________________
Crossing the Chasm: Evolution towards a Liberal Society; Role of Islam in
Politics; Avoiding Human Catastrophe
We are grateful to:
. Prof Jean Pierre Lehmann, Founder Director, Evian Group, based at IMD Lausanne,
Switzerland, for "Crossing the Chasm: Evolution Towards a Liberal
Society;"
. HE Basil Eastwood, former British Ambassador to Switzerland & Liechtenstein
and Syria, for "Role of Islam in Politics;" and
. Florian Lennert, Director, Corporate Relations, LSE, from Kigali, Rwanda,
for "Avoiding Human Catastrophe;"
in response to The Lord Desai of St Clement Danes, based at the Palace of
Westminster, London, for his submission to ATCA, "The
Roots of Terror: Islam or Islamism? Distinguishing between Religion and Ideology."
Jean-Pierre Lehmann is Professor of International Political Economy at IMD
International -- Institute for Management Development -- in Lausanne, Switzerland,
since January 1997. His main areas of expertise are the socio-economic and
business dynamics of East Asia, the impact of globalisation on developing
countries and the government -- business interface, especially in respect
to the global trade and investment policy process. In 1994 he launched the
Evian Group, which consists of high ranking officials, business executives,
independent experts and opinion leaders from Europe, Asia and the Americas.
The Evian Group's focus is on the international economic order in the global
era, specifically the reciprocal impact and influence of international business
and the WTO agenda. Jean-Pierre Lehmann acts in various leading capacities
in several public policy institutes and organisations. He obtained his undergraduate
degree from Georgetown University, Washington DC, and his doctorate from St
Antony's College, Oxford University. He is the author of several books and
numerous articles and papers primarily dealing with modern East Asian history
and East Asia and the international political economy.
Prior to joining IMD, Jean-Pierre Lehmann has had both an academic and a business
career which over the years has encompassed activities in virtually all East
Asian and Western European countries, as well as North America. He was (from
1992) the founding director of the European Institute of Japanese Studies
(EIJS) at the Stockholm School of Economics and Professor of East Asian Political
Economy and Business. From 1986 to 1992 he established and directed the East
Asian operations of InterMatrix, a London based business strategy research
and consulting organisation. During that time he was operating primarily from
Tokyo, with offices in Seoul, Taipei, Bangkok and Jakarta and was concurrently
Affiliated Professor of International Business at the London Business School.
Other previous positions include: Associate Professor of International Business
at INSEAD (European Institute of Business Administration) in Fontainebleau,
France; Visiting Professor at the Bologna Center (Italy) of the Johns Hopkins
University School of Advanced International Studies; twice in the 70s Visiting
Professor and Japan Foundation Fellow at the University of Tohoku, Sendai
(Japan); and Founding Director of the Center for Japanese Studies at the University
of Stirling (Scotland), where he also taught East Asian history in the University's
History Department. From 1981 to 1986 he directed the EC-ASEAN 'Transfer of
Technology and Socio-Economic Development Programmes' held in Singapore, Bangkok,
Jakarta, Kuala-Lumpur and Manila. He writes:
Dear DK and Colleagues
Re: Crossing the Chasm: Evolution Towards a Liberal Society
Of course, one can only agree with the judicious comments of Lord Desai within
the ATCA Socratic Dialogue.
In the West, even supposedly educated people are unaware of the unfair imperialist
rulings the West imposed on the Arabs nearly a century ago. Sykes-Picot Agreement?
... ... What's that? Lord Desai rightly points out that such imperialist injustices
and treacheries were also imposed on the Indians, Chinese, and others, but
that they seem to have got over it. Yes, albeit for different reasons and
with a time-lag.
[CONTINUES]
[ATCA Membership]
Is it humanity's fate that in order to gain a reasonably decent world, we
must first descend into hell? Of course one must hope not, but this does not
mean that these kinds of scenarios should not be considered. It may then be
more possible to think of effective ways of trying to avoid them than to engage
in wishful-thinking delusion.
Best wishes
Jean-Pierre
____________________________________________________________________________
HE Basil Eastwood was British Ambassador to Syria from 1996 to 2000 and to
Switzerland & Liechtenstein from 2001 to 2004. He was Director of Research
in the Foreign and Commonwealth Office (FCO) from 1991 to 1996. As a member
of the British Diplomatic Service from 1966 he also served in Lebanon, Saudi
Arabia, Sri Lanka, Egypt, Germany, Sudan and Greece and was seconded to the
School for Oriental and African Studies (SOAS) in London from 2000 to 2001
as Project Director to launch the London Middle East Institute. He first served
in the Middle East, however, in 1962 as a student teacher in Lebanon. He studied
Arabic and Turkish at Oxford.
Since leaving the FCO, Basil Eastwood has worked as a consultant on Arabic
extremist websites, serves on the board of the International Institute for
Sustained Dialogue and takes part in the continuing series of meetings in
its Arab-American-European Dialogue. The western members of this are mostly
former senior government officials. The Arabs come from Egypt, Jordan, Syria,
Lebanon and, as a recent addition, Iraq. All are working for peaceful change
within those countries. Nearly all are senior Islamists, mostly active in,
or associated with, parties or organisations rooted in mainstream Islam. He
writes:
Dear DK and Colleagues
Re: Role of Islam in Politics
Discussion of the role of Islam in politics is complicated by the use of ambiguous
or subjective terms such as 'moderate', 'extremist' or 'fundamentalist'. Could
I suggest that in any correspondence inspired by Lord Desai's useful contribution
we seek to avoid these.
[CONTINUES]
[ATCA Membership]
Clearly these distinctions can be blurred and sometimes for political reasons.
Moreover movements and individuals can move from one category to another --
as indeed Hamas has done in resorting to arms against fellow Palestinians
(while pleading provocation).
Basil Eastwood
____________________________________________________________________________
Florian Lennert is Director of Corporate Relations at the London School of
Economics and Political Science, coordinating strategic partnerships with
both business and government agencies, as well being responsible for international
business development. Previously, he was a Director the LSE Foundation, Inc,
in New York and Coordinator of the Centre for the Analysis of Risk and Regulation
at the LSE in London. He holds a BSc in Economics and a Masters of Public
Administration from the LSE. A native of Berlin, Germany, he has in the past
worked for the German federal privatisation agency, the Treuhandanstalt, as
well as the German Institute for Urban Research, where he managed development
projects in Hungary, the Czech Republic and the Slovak Republic on behalf
of the German Federal government. He writes:
Dear DK and Colleagues
Re: Avoiding Human Catastrophe
I would like to agree with and add to the comments by my distinguished mentor
at the LSE, Lord Meghnad Desai. His observation are made with the precision,
compassion and historical understanding that I have long admired.
[CONTINUES]
[ATCA Membership]
I hope you can share this vision. We have many problems to solve. Let's finally
start.
Best
Florian Lennert
[ENDS]
We look forward to your further thoughts, observations and views. Thank
you.
Best wishes
For and on behalf of DK Matai, Chairman, Asymmetric Threats Contingency
Alliance (ATCA)
ATCA: The Asymmetric Threats Contingency
Alliance is a philanthropic expert initiative founded in 2001
to resolve complex global challenges through collective Socratic
dialogue and joint executive action to build a wisdom based global
economy. Adhering to the doctrine of non-violence, ATCA addresses
asymmetric threats and social opportunities arising from climate
chaos and the environment; radical poverty and microfinance; geo-politics
and energy; organised crime & extremism; advanced technologies
-- bio, info, nano, robo & AI; demographic skews and resource
shortages; pandemics; financial systems and systemic risk; as
well as transhumanism and ethics. Present membership of ATCA is
by invitation only and has over 5,000 distinguished members from
over 120 countries: including 1,000 Parliamentarians; 1,500 Chairmen
and CEOs of corporations; 1,000 Heads of NGOs; 750 Directors at
Academic Centres of Excellence; 500 Inventors and Original thinkers;
as well as 250 Editors-in-Chief of major media.
The views presented by individual contributors are not necessarily
representative of the views of ATCA, which is neutral. Please
do not forward or use the material circulated without permission
and full attribution.
Intelligence Unit | mi2g | tel +44 (0) 20 7712 1782 fax +44
(0) 20 7712 1501 | internet www.mi2g.net
mi2g: Winner of the Queen's Award for Enterprise in the category
of Innovation

Low Probability High Impact and
Black Swan Events
London, UK - 12 June 2007, 14:22 GMT
Dear ATCA Colleagues
[Please note that the views presented by individual contributors
are not necessarily representative of the views of ATCA, which is neutral.
ATCA conducts collective Socratic dialogue on global opportunities and
threats.]
Considerations for Future Scenarios -- The Opportunity and Risk
of Asymmetric Globalisation
We are all being hurled closer to each other as the world integrates
faster than ever before. The propensity for fast global integration
creates both huge opportunities and its inevitable flip-side, huge risks.
In the future, we should be concerned about Low Probability High Impact
and Black Swan events which can change the present trajectory of nation
states and large economic entities, many with turnovers in excess of
the GDP of most nations. Welcome to Asymmetric Globalisation in which
friends and adversaries are no longer similar looking as they react
to on- and off-the-radar forces giving rise to Low Probability High
Impact and Black Swan Events. This also means that more risk is increasingly
transferred into the markets away from Sovereign states, increasing
their volatility.
[CONTINUES]
[ATCA Membership]
As a special consideration, please note that some Low Probability High
Impact and Black Swan events may actually become High Probability High
Impact Events as time goes by owing to the five drivers converging and
colliding.
The ATCA think-piece, based on major research, was put together by DK
Matai and the mi2g Intelligence Unit. ATCA reviewers of the article
include: Aileen Armour-Biggs, Douglas Byblow, Professor Nigel M de S
Cameron, Hervé de Carmoy, Fred Cohen, Jean-Yves Gresser, Hamid
Hakimzadeh, Gerald Harris, Rear Admiral John Hilton, Chris Histed, Alexander
Hoare, Prof Sai-Felicia Krishna-Hensel, Prof Jean-Pierre Lehmann, Andrew
Leung, George Littlejohn, Thierry Malleret, Dr Harald Malmgren, Nicholas
Mellor, Miguel Mendonca, Prof Jim Norton, John Petersen, John Pickering,
Richard Thomas Gerber, Commodore Patrick Tyrrell, Michael Wade, Sir
Harold Walker, Ian Walker and Martin Wolf.
[ENDS]
We look forward to your further thoughts, observations and views. Thank
you.
Best wishes
For and on behalf of DK Matai, Chairman, Asymmetric Threats Contingency
Alliance (ATCA)
ATCA: The Asymmetric Threats Contingency
Alliance is a philanthropic expert initiative founded in 2001
to resolve complex global challenges through collective Socratic
dialogue and joint executive action to build a wisdom based global
economy. Adhering to the doctrine of non-violence, ATCA addresses
asymmetric threats and social opportunities arising from climate
chaos and the environment; radical poverty and microfinance; geo-politics
and energy; organised crime & extremism; advanced technologies
-- bio, info, nano, robo & AI; demographic skews and resource
shortages; pandemics; financial systems and systemic risk; as
well as transhumanism and ethics. Present membership of ATCA is
by invitation only and has over 5,000 distinguished members from
over 100 countries: including several from the House of Lords,
House of Commons, EU Parliament, US Congress & Senate, G10's
Senior Government officials and over 1,500 CEOs from financial
institutions, scientific corporates and voluntary organisations
as well as over 750 Professors from academic centres of excellence
worldwide.
The views presented by individual contributors are not necessarily
representative of the views of ATCA, which is neutral. Please
do not forward or use the material circulated without permission
and full attribution.
Intelligence Unit | mi2g | tel +44 (0) 20 7712 1782 fax +44
(0) 20 7712 1501 | internet www.mi2g.net
mi2g: Winner of the Queen's Award for Enterprise in the category
of Innovation
Solving the dilemma of rapid malware proliferation
- D2-Banking
London, UK - 5 May 2004, 17:15 GMT - The recent Sasser epidemic continues
the saga of debilitating malware outbreaks in 2004, proving that many organisations
and individual computer users are not always sufficiently up-to-date with
patches issued by Microsoft. Also, some software systems deployed are completely
embedded and it is difficult to note that they need to be patched. Unless
automatic techniques for configuration management allow patch status to be
policed and new patches to be applied on the fly, the global epidemics unleashed
by computer malware problems are likely to carry on their escalating growth
curve. This would result in reduced profitability for many corporations across
the globe as unforeseen costs are added to maintain business operations.
[CONTINUES]
Full details of the April 2004 report are available as of 1st May 2004 and
can be ordered from here.
(To view contents sample please click here).
If you are already a member
of the Inner Sanctum you should have been emailed a full copy. To retrieve
the original article please fill out the order
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