Not quite three trillion dollars in hedge funds, or $2.848.000.000.000? So claims Investors Offshore. Although such a sum may sound enormous and indeed amounts to more than twenty percent of the entire GDP of the European Union, it is modest compared to the real private money that is out there. Merrill-Lynch and Cap Gemini have recently published their twelfth annual World Wealth Report , a trustworthy source given that Merrill-Lynch wants to manage as much wealth as possible and therefore has an interest in getting the figures right. Their Report for 2008 counts a shade over ten million "High Net Worth Individuals" in the world-about one in every 670 people. These HNWIs, including the far richer and more exclusive group of "Ultra-HNWIs", in 2007 together controlled $40.7 trillion, that is, $40.700.000.000.000.
(...) The main WIDER findings were not surprising for those who have studied the subject: In the year 2000, 2 percent of adults in the world owned more than half of global household wealth. The richest 1 percent alone accounted for the ownership of 40 percent of global assets while the top 5 percent captured 71 percent and the top 10 percent held 85 percent of the wealth. The bottom half of humanity got along on barely 1 percent of total assets. These figures show the operation of the power law in high gear, especially since the WIDER definition of "wealth" was broader than that of Merrill-Lynch. The WIDER scholars used the classic "net worth" definition, meaning all physical and financial assets, including homes, the principle asset for most people who own anything, less debts.

human rights as handmaiden to world order:
On Thursday the council’s presidency will pass to Serbia. Serbia is not the only nation in Europe involved in human rights abuses. But it is distinguished by the fact that its failures are uncontroversial. Everyone from Human Rights Watch to President Bush has urged its government to hand over Ratko Mladic – the general responsible for the Srebrenica massacre – to the tribunal in the Hague. To decide that this country is unfit to run the Council of Europe looks uncomplicated and free from political cost. If European countries can’t find the courage to act against Serbia, they can’t find the courage to act against anyone. Human rights become a dead letter.
(...) There is scarcely a government in Europe which does not have something to hide. The UK, Germany, Italy, Macedonia and even Sweden have been assisting the CIA’s programme of “extraordinary rendition”: kidnapping people and delivering them to states which will torture them on America’s behalf(7). Poland and Romania appear to have allowed the US to use secret detention centres on their soil to process them. Austria, Germany and the UK rely on worthless diplomatic assurances to justify handing refugees to governments which torture their prisoners(8). Poland warns that “teachers who reveal their homosexuality will be fired from work”(9). France supports African genocidaires. Spain repatriates unaccompanied children(10). Ukrainian police torture sex workers and force them to confess to crimes they did not commit(11). The United Kingdom bans peaceful protest and continues to occupy the country it illegally invaded. Lift a stone to throw at Serbia anywhere in Europe and you will find something unpleasant cowering there. Better to leave it on the ground. The price of being left alone by other states is the tolerance of mass murder.
(...) If you want to know the value of an institution, you need only imagine what the world would be like if it didn’t exist. If the Council of Europe were dissolved, would anyone suffer, except for the people it employs? The European Court would be missed. But the rest of it? Thanks to the member states’ agreement to ignore each other’s abuses, it is, at the moment, completely useless.

cuba and EU relations:
On March 12, 2007, during the meeting of the United Nations Human Rights Commission in Geneva, Swedish Foreign Minister Carl Bildt accused Cuba of not respecting human rights. This charge is purely ideological since according to Amnesty International’s 2006 report, Cuba is by far the nation that least violates human rights in the Americas, from Canada to Argentina [1].
(...) The Italian parliamentarians were certain that they ran no risk in Cuba and that is what explains their activism. Would they have the courage to support dissidents in Colombia, Guatemala or Honduras? Would they be brave enough to protest in the streets of Washington, denouncing the crimes against humanity that are daily committed in Iraq, Afghanistan and Guantanamo? Would they be brave enough to protest in front of the Italian military security secret service (SISMI), which “played an active role in the kidnapping of Imam Abou Omar in Milan in 2003” with the complicity of Silvio Berlusconi’s government, according to the EU report on the disappearances orchestrated by the CIA? Cowardice and duplicity are decidedly in fashion [10].
(...) On Feb. 14, 2007, the European Parliament published a report that accuses the governments of the Old World of flagrant complicity in the cases of forced disappearances and secret kidnappings orchestrated by the CIA. With monumental fraud, only one week prior these same governments had signed the UN Convention Against Forced Disappearances, which criminalizes the use of secret prisons. The European Union is expert in this kind of moral suicide [11].

tariq ali interview:
So Iraq has been destroyed against the wishes of the people, who don’t want it to be destroyed. All the opinion polls show that the people in Iraq want it to remain as one country. The United States however, whether they did it knowingly, or more probably as a result of total ignorance, have destroyed Iraq. And the country will be divided into three segments: the largest segment will be with Iran, the middle segment with Saudi Arabia and the Kurdish segment will become an Israeli-American protectorate. That is what I think, is going to happen. And the USA will keep military bases in the northern area. That is their plan. But there are many imponderables. The Turkish government does not like what is happening in Iraq. For its own reasons, they are threatening to intervene. So this is creating an instability of the whole region, which is shocking. There are reports done by medical people and medical institutions confirming that something close to one million Iraqis have been killed. One million Iraqis have died. And the Western citizens see this, read about it and are saying nothing to their governments.
(...) But the European states, desperate to show the USA their loyalty, completely ignored public opinion. All these pathetic new Eastern European states desperately show the USA their loyalty and recognize the new master. They sent him troops. Just think that at the height of the cold war, not a single Western European country sent troops to fight in Vietnam. Not a single country! And this at the height of the cold war ! But to Iraq, they sent their troops. So, I’m not surprised that Europe is such a weak and pathetic institution politically. It is sanctioning an economic common market, that’s all it is, designed to strengthen neo-liberal capitalism all over the globe. Now, you have the Finance Minister of the centre-left Italian government saying ‘we have to push through reforms’, something we’ve heard from Margaret Thatcher and Tony Blair for the last 25 years or so. This is the project known as the Washington Consensus and the European Union is bound to the Washington Consensus. They cannot break away from it.
(...) I think the only viable solution for the Israeli-Palestinian conflict is a single state in which all Jews, Christians, Muslims, Druze and Druids and whatsoever have the same rights. It’s what we fought for in South Africa, And it’s what will have to be fought for in Israel. And people will jump up and scream: ‘no, we will never live with each other’. But living with each other is what has to be argued for. I think, it’s the only serious alternative. A Palestinian State is not possible. It would be a tiny little Bantustan run by a corrupt leadership, funded by the West and treated like an NGO. That is the PLO. That is the Palestinian Authority. It is not an authority, it is a joke. And the sooner it recognizes that it’s a joke and dissolves itself, the better. That’s what Hamas should do: they should not play this game, they should say ‘we dissolve the Palestinian Authority, it is not an authority, it is an outfit of the Israeli army. We dissolve all these bodies, we are now citizens of whatever entity there is in the region and deal with it. And then just live in their villages and towns, not trying to develop this fake apparatus of government, when that’s a joke, when they have no power at all and are treated like a joke. So all this is done to create a tiny, corrupt Palestinian elite. That’s why Hamas won the elections, because it is opposed to this. If it now capitulates to this, they will be finished”.

for a world pàrliament (monbiot):
Those of us who want a world parliament are often accused of trying to invent a system of global governance. But there is already a system of global governance. The UN security council, the World Bank, the IMF and the World Trade Organization make decisions that affect us all. They do so without our consent. The best that can be said for any of them is that they operate by means of photocopy democracy. We vote for an MP, and this vote is then deemed to communicate our support for his party. That is then presumed to legitimize the government, which in turn assumes the right to appoint a prime minister. He then delegates ambassadors and bureaucrats to represent us globally, and their decisions are deemed to express our wishes. With every presumed transfer of democratic consent, the imprint of our cross on the ballot paper becomes fainter. Though the international bodies operate in our name, we have no more influence over them than the people of Burma have over the military junta. Global governance is a tyranny speaking the language of democracy.
(...) The purpose of a world parliament is to hold international bodies to account. It is not a panacea. It will not turn the IMF or the UN security council into democratic bodies - as they are controlled by the veto powers of their major shareholder and permanent members, nothing but abolition and reconstruction could do so.
(...) Those who claim, like the British Eurosceptics, that regional or global decision-making is unnecessary are living in a world of make-believe. No political issue now stops at the national border. All the most important forces - climate change, terrorism, state aggression, trade, flows of money, demographic pressures, the depletion of resources - can be addressed only at the global level. The question is not whether global decisions need to be made. The question is how to ensure that they are made democratically. Is there any valid answer other than direct representation?
(...) Global democracy has a special problem - the scale on which it must operate. The bigger the electorate, the less democratic a parliamentary body will be. True democracy could exist only in the village, where representatives are subject to constant oversight by their electorate. But an imperfect system is better than no system at all. Even the most pig-headed Eurosceptics would have trouble arguing that the European Union would be better off without a parliament.
(...) The recent fiasco surrounding the European constitution is a useful demonstration of how not to do it. First the people of Europe were presented with a meaningless question which makes a mockery of democracy. “Here is a document containing hundreds of proposals. Some of them will be good for you, others will be bad for you. You must agree to all of them or none of them. If you agree (and we will keep asking until you do), we will deem that you have consented to every measure it contains.” When this pantomime of managed consent fails, the managers announce – as Tony Blair did last week(3) – that a referendum is, after all, unnecessary: we will have a new constitution whether we want one or not, and it will be written and approved on our behalf.
(...) What jumps out as you read the list of signatories is the number of African names: there is a growing recognition in Africa that a world parliament offers the best chance – perhaps the only chance – that the unmediated concerns of the poor will reach the ears of the rich. A global parliament ensures that the voices of the poor world can no longer be ventriloquised by Bob Geldof and Bono and the leaders of the G8: the people will be able to speak for themselves.