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Europe versus the Anglo-American Alliance. New Political Alignments and the "Big Game".
What lies behind the diplomatic rift at the UN Security Council? 
The Anglo-American Military Axis
by Michel Chossudovsky
www.globalresearch.ca   10 March 2003 
The URL of this article is: http://globalresearch.ca/articles/CHO303B.html 


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The second text is an excerpt from War and Globalisation, the Truth behind September 
11 by Michel Chossudovsky  

The first text is a brief update which examines the broader significance of the rift 
in the UN Security Council.


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The Rift in the UN Security Council
The "disagreements" within the US Security Council pertaining to Iraq are casually 
presented by the media as a mere diplomatic rift.

In fact we are dealing with something far more complex. The Bush Administration's war 
plans have nothing to do with "Saddam's weapons of mass destruction" or his alleged 
links to Osama bin Laden.

 The proposed invasion of Iraq is intended to exclude rival European, Russian and 
Chinese interests from the Middle-East and Central Asian oil fields.  While in the 
Balkans, the US "shared the spoils" with Germany and France, in the context of 
military operations under NATO and UN auspices, the invasion of Iraq is intended to 
establish US hegemony, while weakening Franco-German and Russian influence in the 
region.

The clash between Great Powers ("Old Europe" versus  and the Anglo-American military 
axis) broadly pertains to:

1 Defense and the military-industrial complex,

2. Control over Oil and Gas Reserves,

3. Money and currency systems: clash between the Euro and the Dollar.

1. Defense and the military-Industrial complex

Beneath  the gilded surface of international diplomacy, fundamental changes in the 
structure of military alliance have occurred. Since 1999, France and Germany have 
established military cooperation agreements with Russia.

NATO is divided. While Britain and the US have joined hands through the so-called 
"Atlantic Bridge" in defense production, coupled with close cooperation in military 
and intelligence operations, significant divisions have developed between the US and 
several of its "European partners". The Anglo-American axis in weapons production is 
clashing with its powerful Franco-German rival, the European Aerospace and Defence 
Corporation (EADS).  The Western defense industry is split down the middle with 
British Aerospace systems now firmly aligned with the big five US weapons producers 
against the competing Franco-German conglomerate EADS.

2. Control over Oil and Gas Reserves

The broader Middle East-Central Asian region encompasses more than 70% of the World's 
reserves of oil and natural gas. According to U.S. Central Command: "The purpose of 
U.S. engagement... is to protect U.S. vital interest in the region - uninterrupted, 
secure U.S./Allied access to Gulf oil." In other words, this is a war of conquest, 
which also targets rival oil conglomerates including those of Russia and France which 
have sizeable oil interests in Iraq and Iran.

In turn, the Anglo-American oil giants (BP-Amoco, Chevron-Texaco, Exxon-Mobil, Shell) 
� supported by the Anglo-American military axis are clashing with Europe's oil giant 
Total-Fina-Elf and Italy's ENI, which have sizeable interests in Iraq, Iran, and 
Central Asia. Washington has in recent years attempted to break France's deal with 
Teheran on the grounds that it openly contravened the Iran-Libya Sanctions Act. What 
this suggests is that Europe's largest oil conglomerate dominated by French, Belgian 
and Italian oil interests � in association with their Iranian and Russian partners � 
are potentially on a collision course with the dominant Anglo-American oil consortia, 
which in turn are backed by the Anglo-American military axis: 

"Iraq currently possesses 11% of the world's oil and ranks only second to Saudi Arabia 
in the size of its reserves (112 billion barrels). Exploitation costs are less than 
half those of deep sea drilling. Direct access to the Persian Gulf and the Indian 
Ocean ensures strategically secure oil supply routes. The Anglo-american oil giants 
(BP, Chevron-Texaco, Shell, Exxon) are all absent from Iran and Iraq, which have 
signed oil contracts and production sharing agreements with French, Russian and 
Chinese oil companies. Because of the UN sanctions on Iraq, the agreements signed by 
Baghdad are not ("officially") operational." (Eric Waddell, The Battle for Oil, Global 
Outlook, Issue. No. 3, Winter 2003).

According to the Washington Post (15 September 2002): "A U.S.-led ouster of Iraqi 
President Saddam Hussein could open a bonanza for American oil companies long banished 
from Iraq, scuttling oil deals between Baghdad and Russia, France and other countries, 
and reshuffling world petroleum markets� A proposed $40 billion Iraqi-Russian economic 
agreement also reportedly includes opportunities for Russian companies to explore for 
oil in Iraq's western desert. The French company Total Fina Elf has negotiated for 
rights to develop the huge Majnoon field, near the Iranian border, which may contain 
up to 30 billion barrels of oil."

The war is not only being carried out with a view to taking over Iraq's oil reserves, 
it is intended to cancel the contracts of rival Russian and European oil companies as 
well as exclude France, Russia and China from the region.

3. Money and currency systems: clash between the Euro and the Dollar.

What is at stake is the rivalry between two competing global currencies: the Euro and 
the U.S. dollar, The process of European monetary integration has encroached upon the 
hegemony of the US dollar.

The process of dollarisation, which is ultimately an instrument of economic conquest 
is undermined by the Euro.

Wall Street is clashing with competing Franco-German financial interests. The war in 
Iraq pertains not only to control over reserves of petroleum, the control over money 
creation and credit is an integral part of the process of economic conquest. .


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(the second text follows on the page)

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