Showing posts from January 31, 2011

Another crack in American hegemony

Business Times - 01 Feb 2011 THE BOTTOM LINE Another crack in American hegemony EVEN if Egyptian President Hosni Mubarak succeeds in clinging to power, that is not going to change the writing on the wall - and on Twitter, Facebook and Wikipedia. Thanks to these networking services, the whole world now knows the days of Middle East autocrats - allied with the US and open to some sort of co-existence with Israel - may be numbered. In fact, the entire American hegemonic project in the Middle East may be coming unstuck. Since 1945 - and, in particular, after the end of the Cold War - successive US administrations have been trying to establish American hegemony in the region, including through two major military interventions, strategic alliances with Israel, Turkey and Arab states with ties with Israel, led by Egypt. But whether it comes to promoting its values or to securing strategic interests, US clout in the Middle East is shrinking now to its lowest point: the Israeli-Palestine 'p