EIR Daily Alert Service, MONDAY, February 3, 2020

MONDAY, FEBRUARY 3, 2020

Volume 7, Number 23

EIR Daily Alert Service

P.O. Box 17390, Washington, DC 20041-0390

  • Implementing Optimism—Spreading the LaRouche Program as ‘Common Knowledge’
  • Trump’s State of the Union Address Previewed–Promote Relentless Optimism
  • New York Times Broadcasts Traitors’ Next Step in Its Coup Attempt Against Trump
  • Obama/Clinton Camp Aims Never-Trump ‘Organizing Together 2020’ at Battleground States
  • NATO Preparations Underway for Huge Defender-Europe Exercise on Russia’s Doorstep
  • U.S. Military Focused on Russia Despite Tensions With Iran
  • Pompeo, in London, Insults Chinese Communist Party as ‘Central Threat of Our Times’
  • Iraq, U.S. Resume Fight vs. ISIS; Baghdad Still Seeks To Redefine Relations With U.S., NATO
  • German Farmer Insist on Policy Change, and Turn Down Berlin’s ‘Silencing Bribe’
  • U.S. Industry Continues Slowdown, as Trade Dominates Fourth-Quarter GDP
  • Boeing’s Problems Continue, While Ripple Effects Hit Suppliers
  • WHO’s Dr. Tedros Considers Beijing’s Response to 2019-nCoV Could ‘Reverse the Tide’
  • U.S. and Chinese Medical Institutions Work Together To Produce a Coronavirus Vaccine
  • Argentina Declares CAREM-25 Small Modular Reactor Project of ‘Strategic Importance’

EDITORIAL

Implementing Optimism—Spreading the LaRouche Program as ‘Common Knowledge’

Feb. 2 (EIRNS)—President Donald Trump has said that his Tuesday, Feb. 4 State of the Union Address will be dedicated to optimism, as was his Jan. 21 speech to the World Economic Forum in Davos, Switzerland, where he confronted the “ecological” pessimism of the Green billionaires gathered there, against Man’s intrinsic goodness and creativity as demonstrated in the European Renaissance and the building of the cupola of the Cathedral of Florence.

It is entirely possible that as the impeachment trial of the President collapses into humiliating rubble over the coming days, that the already historic levels of optimism among Americans, especially around workers and farmers, will surge to new heights. Already, their heightened optimism was illustrated by extraordinary figures showing that 25% of the crowds at the President’s recent mega-rallies have been Democrats, while 10-15% had not voted in any of the past four general elections.

This optimism does not win battles in and of itself, as we will explain, but it does provide an irreplaceable advantage to those who know how to make use of it.

At the same time, perceptive Americans have learned important negative lessons from the constant lying efforts to unseat President Trump, starting even before he took the oath of office three years ago. Namely, that the managerial elite bridging the media, academia, government bureaucracies and party politicians, is apparently totally corrupt.  Whenever a new lie against the President is invented by the New York Times or another scandal-sheet, every one of them picks it up and spreads it within hours, or even minutes.

The same lesson is taught by the frequent refusal of even President Trump’s own nominees to carry out his orders, for instance to withdraw U.S. forces from Afghanistan and to withdraw them from Syria. Whatever they do or say, the members of the managerial elite are not speaking for themselves as individuals—they are being told what to think by an outside agency—ultimately the British Empire, as Lyndon LaRouche proved over decades, and as the LaRouche Movement proved again in 2017 with the Mueller dossier. https://larouchepac.com/20170927/robert-mueller-amoral-legal-assassin-he-will-do-his-job-if-you-let-him

Our question is what do these circumstances mean for the effort to revolutionize and revive the U.S. and world economies?

Over many years, the late economist Lyndon LaRouche accurately forecast the collapse of the U.S. economy (and those of Western Europe), in their successive steps downward after 1945, after 1971, 1989, 1998, 2008, and more recently.  Each time he made such forecasts, he also specified in detail how the economy could be rebuilt and reorganized for a sharp upward trajectory.  He called for reintroduction of Franklin Roosevelt’s Glass-Steagall protections to hive off bankrupt speculative pyramids from the healthy, necessary parts of the banking system. As in Alexander Hamilton’s design of the American System at our founding, the Federal Government would again become a major issuer of low-interest credit, and provide indicative-planning direction of much private credit through participation loans. Low-interest Federal credit would be limited to productive uses and necessary services like actual healthcare, not poured into hedge-fund speculation as the Federal Reserve is doing every day. Investments would be geared to upshift the scientific-technological level of production.  All this would be coupled with national crash programs of scientific-technological advancement, like the efforts towards the eventual colonization of Mars, and harnessing controlled thermonuclear fusion as a limitless and virtually free source of energy for mankind.

There is much more to learn, but that may provide some degree of introduction to LaRouche’s plan.

LaRouche’s plan will allow us to build modern infrastructure of all kinds, revolutionize our industries, rebuild our cities, and move the frontiers of man’s power beyond Earth orbit, and then beyond the Solar System.

LaRouche demonstrated how the United States, Russia, China and India could initiate a new international credit system along these principles, to replace the bankrupt International Monetary Fund system based on the bankrupt City of London and Wall Street markets.  In early January, Lyndon LaRouche’s widow, Helga Zepp-LaRouche, called for an emergency summit of the United States, Russia and China, to deal with the threat to peace after the U.S. killing of Iranian Gen. Qasem Soleimani. She has stipulated that the summit should also arrange preliminary discussions for such a new, growth-oriented international credit system.

It is clear that just one year after his death, LaRouche’s ideas are closer to implementation than at almost any time in the past.  In electing Donald Trump, and in probably supporting him more today than in 2016, a majority of Americans have trashed the economic dogmas of “free trade” and of supposedly inevitable “globalization.”  They have voiced their conviction, contrary to the Bushes, Clinton, and Obama, that the U.S.A. can again become a great agricultural and industrial producer nation, rather than a wrecked “post-industrial” services society.  Yet at the same time, remember the obstructionism, sometimes even treason, of our managerial elite to which we referred above.  How is that to be overcome sufficiently to permit the LaRouche recovery program?

The wave of optimism to which we pointed is one part of the answer.  The American “can-do” spirit has been largely lost over recent decades; now, one can feel it beginning to come back, as it lawfully would.  That provides an opportunity, but not yet the answer.  To overcome the opposition of the now-entrenched elite, the LaRouche program must become the common knowledge of an organic leadership spread throughout all the key economic and geographic sections of the country. Radiating out from them, it must then come to be recognized and appreciated in a general way throughout society.

It is under those circumstances that some parts of the elite can be broken from their British Empire allegiances, while others will simply have to be fired for manifest disloyalty and incompetence.  And the Four Powers—U.S., Russia, China, and India—can overturn the British Empire by bankrupting and replacing the present usurious international monetary system.

U.S. POLITICAL AND ECONOMIC

Trump’s State of the Union Address Previewed—Promote Relentless Optimism

Feb. 2 (EIRNS)—Administration officials previewing President Donald Trump’s Feb. 4 State of the Union address promise “relentless optimism,” presaging the “Great American Comeback.” He reportedly will reach out to Congress to help build an American economy in which those who are not well off enjoy the greatest benefits of growth.

New York Times Broadcasts Traitors’ Next Step in Its Coup Attempt against Trump

Feb. 1 (EIRNS)—Having now suffered both the exposure in the Mueller report that the collusion delusion was a fraudulent coup attempt by British and American intelligence operatives, and the exposure of the Ukraine impeachment clown show as a frantic diversion and cover-up of the massive corruption of the Obama-Biden Administration’s criminal role in Ukraine, the New York Times has now presented the game plan for the traitors against the elected U.S. President. In an editorial signed by “The Editorial Board” today, the Times denounces the U.S. Senate as “dishonorable” and accuses Republican legislators of having “abdicated their duty by refusing to seek the truth.”

The Times gives its game plan away today, saying that leaks from fired National Security Adviser John Bolton’s book “appeared to confirm the core of the impeachment case against Mr. Trump,” and proclaiming that not hearing from Bolton as a witness “can only embolden the President to cheat in the 2020 election.” Therefore, the Democrats must keep up the clown show: “Make no mistake: The Senate may acquit Mr. Trump, but it will not, it cannot, exonerate him. Mr. Trump is the most corrupt President in modern times, a reality Americans will continue to be reminded of—by continuing investigations by the House, which should immediately issue a subpoena to Mr. Bolton; by a trio of cases in the Supreme Court that seek to reveal Mr. Trump’s shady finances; and, of course, by the behavior of the man himself.”

Obama/Clinton Camp Aims Never-Trump ‘Organizing Together 2020’ at Battleground States

Feb. 1 (EIRNS)—Leading figures from the Barack Obama and Hillary Clinton camps have announced a new “Organizing Together 2020” initiative, to mobilize Democrats in six battleground states—Wisconsin, Pennsylvania, Michigan, Florida, North Carolina and Arizona—with big money and a focus on “defeating Donald Trump and all his agenda,” Politico reported Jan. 31. An anonymous “dark money” non-profit, the North Carolina-based Strategic Victory Fund, is financing this operation, estimated to cost between $20-$60 million.

There’s an air of desperation here, given that significant numbers of Democrats have abandoned the party for the Trump campaign, and that the party itself has nothing to offer its members beyond a mish-mash of niche issues—gender equality, women’s rights, transgender rights, LGBTQ rights, etc. The party of Franklin Roosevelt and John Kennedy has long since disappeared.

As Politico reports, the emergence of Organizing Together 2020 marks the “further rise of Democratic shadow groups that are stepping in to fill the gaps of an underfunded national party to blunt the time, money and advertising advantages of Trump.”

The stench emanating from this crowd can’t be missed. Its leaders: former Virginia Governor and Clinton acolyte Terry McAuliffe; Obama “battleground guru” Paul Tewes; Jane Slusser, former national organizing director for millionaire Tom Steyer’s Need To Impeach group; individuals from the campaigns of former candidates Beto O’Rourke, Kamala Harris; well as “progressive forces” grouped in the National Education Association, the SEIU, AFSCME labor organizations; and the liberal governors of New Mexico and Rhode Island, among others.

The Organizing Together 2020 initiative goes along Democratic candidate Sir Mike Bloomberg’s proposed $500 million Democratic turnout campaign, currently led by former Obama campaign honcho Mitch Stewart.

STRATEGIC WAR DANGER

NATO Preparations Underway for Huge Defender-Europe Exercise on Russia’s Doorstep

Feb. 1 (EIRNS)—NATO’s level of exercise activity will continue unabated in 2020, to be capped by Defender-Europe 20, which will see the largest deployment of troops from the United States to Europe since the Reforger exercises of the Cold War. A planning workshop for Defender-Europe was staged in Warsaw yesterday, the public portion of which included remarks from U.S. Ambassador to Poland Georgette Mosbacher, Maj. Gen. Joe Jarrard, U.S. Army Europe Deputy Commanding General for Army National Guard, and Gen. Jaroslaw Mika, the General Commander of the Polish Armed Forces in Warsaw. “This exercise is not just symbolic, it gets to the heart of what we mean when we talk about collective European security,” said Mosbacher, reported DOD News. “In a crisis, NATO must be able to respond as quickly as possible. Defender-Europe 20 simply could not happen without Poland.” She further said that the participation of the U.S. forces in these maneuvers is proof of “unmoved” involvement of Americans in issues of Europe and the collective defense. Poland will deploy 2,000 troops, heavy equipment and air forces. Polish police, fire department and Border Guard will also be involved.

Some logistical elements of the exercise already kicked off on Jan. 21 when the U.S. Army announced that participating units at Fort Hood and Fort Bliss in Texas, and Fort Stewart, Georgia were to begin preparing and loading for transport, vehicles, heavy equipment and materials for shipment to Europe by the end of February.

Stars & Stripes, in its coverage of the Army announcement, wrote that once in Europe, personnel will take part in drills focused on defending NATO territory, such as the so-called Suwalki Gap, a 40-mile stretch of borderland between Lithuania and Poland that runs from Belarus to the Russian exclave of Kaliningrad on the Baltic.

U.S. Military Focused on Russia Despite Tensions with Iran

Feb. 1 (EIRNS)—During the summer of 2019, while all eyes were on rising tensions in the Persian Gulf region, the U.S. military focus on Russia as the ostensible threat didn’t relax at all. “Over five months, from May until the end of September, 93 separate military exercises were held, with forces operating continuously in, above and around 29 countries,” wrote William Arkin, journalist, former U.S. Army intelligence officer, and well-known analyst of U.S. military and nuclear weapons policies, in an article published yesterday in Newsweek. Arkin pointed out that all 93 exercises were aimed at Russia.

Arkin wrote that these “persistent heel-to-toe” operations, as the military calls them, where one exercise begins as another ends, emphasize rapid aircraft deployments and dispersal to forward bases. Much of the emphasis last year was on fighter aircraft and bomber scatterings, showcasing Western geographic advantages, while also demonstrating combined air operations refined in two decades of Middle East fighting.

Overall, more than 50,000 NATO and allied military personnel were in drills and activity against Russia, Arkin continued. U.S. Air Force F-35 fighters deployed to both Finland and Norway for the first time. During the same time period six B-52 bombers were also deployed to England and flew practice missions over the Baltic and Black Seas.

Pompeo, in London, Insults Chinese Communist Party as ‘Central Threat of Our Times’

Jan. 31 (EIRNS)—With British imperial interests deeply engaged in attempting to overthrow the elected President of the United States, U.S. Secretary of State Mike Pompeo was in London Jan. 30 engaging in a lovefest with HM Foreign Secretary Dominic Raab. The two were at an event hosted by the Policy Exchange Group, which focused on the U.S.-British “special relationship” in the post-Brexit world. Pompeo gushed, “The previous [Obama] administration took a view that if the United Kingdom made this decision they’d be at the back of the line,” he said. “We intend to put the United Kingdom at the front of the line.”

He then held forth that central to the Anglo-American special relationship is the “Five Eyes” intelligence run by the U.K., Canada, Australia, New Zealand, and the U.S. “I saw the excellent work the GCHQ [Britain’s equivalent to the National Security Agency] did alongside our security folks in the communications space. We had operations we were running together,” Pompeo said at one point. “We had joint objectives that we worked together. We made sure that our systems were protected together.”

Pompeo then moved on to China, and flattery wasn’t in his discourse: “The Chinese Communist Party presents the central threat of our times.” He explained, “It is an enormous economy to which the American economy is deeply tied. There is huge opportunity for us to do really great, creative, innovative business work between our two countries.  But the Chinese Communist Party, under President Xi, has made clear that they have an agenda that is not always consistent with the very values that Dominic and I have been speaking about this morning.”

Whatever else the Anglo-Americans do, Pompeo went on, “we have to collectively—the West—ensure that the next century is governed by these Western democratic principles.  And that will take a concerted effort not just by the United States but by all of those who love freedom and cherish democracy and the rule of law to ensure that that remains the predominant model for the world for the next century.”

Iraq, U.S. Resume Fight vs. ISIS; Baghdad Still Seeks To Redefine Relations with U.S., NATO

Jan. 31 (EIRNS)—The Iraqi government issued a statement on Jan. 30 reporting that joint U.S.-Iraqi operations against remnants of the Islamic State terrorist group have resumed, following a three-week pause since the U.S. assassination of Iranian Gen. Qasem Soleimani on Iraqi soil. The statement said joint operations had resumed in light of the continued threat posed by ISIS, reported AP.

The statement also implied that Baghdad was standing by intentions to reorganize Iraq’s military relationship with the U.S. “In light of continued activities by the terrorist group (ISIS) in many areas of Iraq and for the purpose of making use of the remaining time of the international coalition before organizing a new relationship … it was decided to carry out joint actions,” the statement said. The statement was issued by the office of the Armed Forces commander in chief, a role assumed by caretaker Prime Minister Adil Abdul-Mahdi.

Iraqi officials also met with NATO officials Jan. 30, totell them that any future military operations in Iraq must have Baghdad’s prior knowledge and approval before implementation on the ground, reported the Kurdish news service Rudaw. “The Iraqi government needs a partnership with NATO based on respecting Iraq’s sovereignty and every military activity should have Iraqi government’s acceptance and knowledge,” Abdul-Karim Khalaf, spokesman for Abdul-Mahdi, reported Rudaw.

COLLAPSING WESTERN FINANCIAL SYSTEM

German Farmers Insist on Policy Change, and Turn Down Berlin’s ‘Silencing Bribe’

Jan. 31 (EIRNS)—Farm activists strongly opposed the decision of the German government yesterday to grant farmers €1 billion in compensation for the losses from the impact of the EU’s new restrictive fertilizer decree. Farmers from “Land Schafft Verbindung” (“The Land Makes the Link”) network launched spontaneous protest actions with tractors in numerous cities, along with a statement denouncing the pretend compensation as a “silencing bribe,” and announcing continued protests, which they delivered to Bundestag members’ offices.

In Lower Saxony, where the state parliament, Landtag, was meeting in session yesterday, about a dozen farmers parked their tractors at the entrance and talked with politicians. Farmers also spontaneously showed up at the offices of political parties in other cities in Lower Saxony —Leer, Emden, Papenburg, Vechta, Verden, Walsrode (to name a few)—to deliver their protest. At its center was their demand that German politicians should finally make an effort to change European Union policies, instead of swallowing uncontested whatever Brussels proclaims, and then paying off the farmers with some money in the hope of quieting them down. Spokeswoman Henriette Struss explained to the media, “We won’t be corrupted,” as others farm representatives called the ostensible compensation an “insult.”

U.S. Industry Continues Slowdown, as Trade Dominates Fourth-Quarter GDP

Jan. 31 (EIRNS)—The U.S. Commerce Department’s first report on U.S. GDP, with other reports, showed the slowdown in industry becoming more marked. The fourth-quarter GDP growth rate was reported to be 2.1%, resulting in a 2.3% rate for 2019 as a whole. “Fixed investment” grew only 0.01% in the fourth quarter 2019; and non-residential fixed investment, or business capital spending, declined for the third consecutive quarter.

Almost three-quarters of the reported fourth-quarter growth was “net trade”; consumer spending was the rest. The positive shift in “net trade” income, however, consisted mostly in a drop in U.S. imports, especially from China, with a small overall growth in exports. This shift resulted from the effects of tariffs combined with a change in China’s trade policy toward higher industrial and household products from the United States, as reported in EIR for Jan. 24. Net trade has not had such an impact on GDP growth since 2009.

A significant drag on American exports, which grew only modestly, is the problems afflicting Boeing (see below), which normally accounts for 3.5% of all U.S. exports. President Donald Trump has stated recently his great disappointment in the company, which produced “fuel-saving” aircraft that at least some of its top engineers knew were unsafe to fly without special pilot training on simulators.

At the same time, the Chicago Purchasing Managers Index of Manufacturing, published for December, showed industrial contraction for the seventh consecutive month, at a very low 42.9 index (below 50 is contraction). This is only one of several such surveys which often disagree, but have all been in contraction in November and December.

In addition, the Labor Department published its retrospective report on “job additions and losses” for the second quarter of 2019. Contrary to the figures in some BLS monthly “adjusted” reports during the year, this shows manufacturing employment having fallen already during the second quarter, and goods-producing employment overall increasing by a small 21,000 in that Spring quarter.

Boeing’s Problems Continue, While Ripple Effects Hit Suppliers

Jan. 31 (EIRNS)—Moody’s credit rating agency has downgraded Boeing’s senior unsecured debt ratings from A3 to Baa1. Moody’s downgrade is in light of the ongoing troubles due to the grounding of the 737 MAX, the plane which Goldman Sachs believes was slated to provide a third of Boeing’s revenue over the next five years. Boeing has also reported its first annual loss since 1997, as the costs associated with the 737 MAX have doubled in the recent period to $19 billion.

Boeing’s troubles ultimately stem from the sad trend of accelerating financialization of the physical economy that we have seen over the recent decades in trans-Atlantic corporations. Somewhere in the intersection of green ideology and faith in information theory, Boeing decided to implement a software fix to deal with the incompatibility between their newer, more fuel efficient engines and their existing blueprint of the 737 workhorse, rather than wait for Federal Aviation Administration (FAA) approval of a new design based on physical principles—ultimately acquiescing to shareholders’ demands for immediate profits, resulting in unnecessary deaths and loss of important economic activity.

According to Moody’s, it will take Boeing three years to restore the production capabilities of the 737 MAX, which will also take additional costs. Boeing has said they will get the green light from the FAA to get the planes back into the skies by mid-spring, but even if that were true, the crisis will still result in “significant negative free cash flow near $10 billion in 2020,” says Moody’s. It is not clear whether the deep pockets of Boeing will help them weather this storm, but it is clear that many of their suppliers do not have those same deep pockets.

Industry experts say that Boeing has a tenfold multiplier effect for the supply chain. General Electric, which supplies the engines for the 737 MAX planes, expects its cash costs related to the aircraft’s grounding to be $1.4 billion in 2019. This could in turn have an effect for GE’s own aviation business. While GE may also be able to absorb these types, many of the smaller machine shops, composite material manufacturers, and the myriad warehouses that sprawl around the Boeing and GE plants, are more reliant on the constant cash flow which may now be drying up. These smaller firms also produce other things that are essential for our economy, such as medical instruments, spectrometers, and much else.

SCIENCE AND INFRASTRUCTURE

WHO’s Dr. Tedros Considers Beijing’s Response to 2019-nCoV Could ‘Reverse the Tide’

Jan. 31 (EIRNS)—On Jan. 30, the World Health Organization issued a declaration of “Public Health Emergency of International Concern” regarding the novel coronavirus 2019-nCoV that broke out in China last year, with its epicenter in Wuhan, the capital of Hubei province. The declaration aims to further the best possible coordination of resources across nations to beat back the outbreak. At his press conference in Geneva, WHO Director General Dr. Tedros Adhanom Ghebreyesus made extensive remarks about the significance of what China has done so far. He spoke in rebuttal of a nasty question from an AP reporter, denigrating China and the Ethiopian WHO leader, for visiting China this week.

The Director General began his response by reporting that he customarily visits nations with a health emergency. On China, “I came back so impressed…. I have never seen in my life” such a response. He was impressed not just by China’s rapidly building hospitals to care for coronavirus patients, but also by the full spectrum of actions China is taking. “I believe it will reverse the tide,” he said, and pointed out that President Xi Jinping personally “is leading” the effort. “I am very confident, that by what they are doing … I believe they will control this outbreak…. They are protecting the rest of the world.”

The WHO’s Emergency Committee regarding the outbreak of novel coronavirus similarly expressed its gratitude, explicating in its Jan. 30 statement: “The Committee welcomed the leadership and political commitment of the very highest levels of Chinese government, their commitment to transparency, and the efforts made to investigate and contain the current outbreak. China quickly identified the virus and shared its sequence, so that other countries could diagnose it quickly and protect themselves, which has resulted in the rapid development of diagnostic tools.

“The very strong measures the country has taken include daily contact with WHO and comprehensive multi-sectoral approaches to prevent further spread. It has also taken public health measures in other cities and provinces; is conducting studies on the severity and transmissibility of the virus, and sharing data and biological material. The country has also agreed to work with other countries who need their support. The measures China has taken are good not only for that country but also for the rest of the world.”

U.S. and Chinese Medical Institutions Work Together To Produce a Coronavirus Vaccine

Jan. 31 (EIRNS)—In the context of the spreading novel coronavirus, U.S. and Chinese medical professionals and institutions are collaborating to produce a vaccine as quickly as possible to address the crisis. Their research stands in stark contrast to the FBI-led McCarthyite witch hunt directed against Chinese, Chinese-American, and American scientists who are being persecuted for the crime of collaborating with China, long before the coronavirus outbreak. A Feb. 5 House Judiciary Committee hearing on oversight of the FBI may be the occasion for continued Congressional demands to have the FBI run more anti-China activity.

Xinhua reported Jan. 30 on collaboration between Chinese institutions and American universities and research centers to produce a vaccine. Researchers from Shanghai’s Fudan University are working with counterparts from Baylor College of Medicine, the University of Texas Medical Branch and New York Blood Center to develop a vaccine.

Atlanta’s GeoVax, a biotechnology company developing human immunotherapies and vaccines against infectious diseases and cancer, together with BravoVax, a vaccine developer in Wuhan, China, announced Jan. 27 the signing of a Letter of Intent to jointly develop a vaccine against the new coronavirus.

San Diego’s Inovio has announced that it will collaborate with a biotech company in Beijing which can help manage human trials that are due to start in the summer. Dr. J. Joseph Kim, president and CEO of Inovio, said: “This collaboration allows us to enter China and deliver our vaccine into the areas where they need it most as soon as possible.” Inovio’s senior vice president for research Kate Broderick described the vaccine, saying, “Our DNA medicine vaccines are novel in that they use DNA sequences from the virus to target specific parts of the pathogen which we believe the body will mount the strongest response to. We then use the patient’s own cells to become a factory for the vaccine, strengthening the body’s own natural response mechanisms.”

After it isolated the first strain of the novel coronavirus earlier this week, China’s National Centers for Disease Control and Prevention (CDC) began developing vaccines. So far, Xinhua reports, five strains of the virus have been isolated, and two are ready for vaccine development.

THE NEW GLOBAL ECONOMIC ORDER

Argentina Declares CAREM-25 Small Modular Reactor Project of ‘Strategic Importance’

Feb. 1 (EIRNS)—Argentine President Alberto Fernández’s government has declared that the development of the CAREM-25 small modular reactor (SMR) to be a project of national “strategic importance,” deserving of adequate funding and support, El Economista reported Jan. 29.

A prototype for CAREM (Argentine Modular Elements Reactor) has been under development for some years, but the neo-liberal 2015-2019 government of Mauricio Macri underfunded it and fired key personnel—as occurred throughout much of the country’s nuclear sector.

In a press release issued Jan. 28, Argentina’s Energy Secretary Sergio Lanziani emphasized that CAREM-25 is a strategic project whose development is crucial for the country’s entire nuclear industry. As reported by the World Nuclear Association in June 2019, CAREM, 25 MW, is designed to be used for electricity generation, as a research reactor, or for water desalination.

When completed, this SMR will be the first such reactor made with 100% Argentine technology, considered as optimal for use in remote areas, away from large urban centers, and also for export to other developing countries that as yet have no nuclear energy sector.

Reach us at eirdailyalert@larouchepub.com or call 1-571-293-0935

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