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Ed Webb

The demise of the dollar - Business News, Business - The Independent - 0 views

  • The plans, confirmed to The Independent by both Gulf Arab and Chinese banking sources in Hong Kong, may help to explain the sudden rise in gold prices, but it also augurs an extraordinary transition from dollar markets within nine years.
  • a risk of deepening divisions between China and the US over influence and oil in the Middle East. "Bilateral quarrels and clashes are unavoidable," he told the Asia and Africa Review. "We cannot lower vigilance against hostility in the Middle East over energy interests and security."
  • World Bank president Robert Zoellick. "One of the legacies of this crisis may be a recognition of changed economic power relations,"
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  • In a clear sign of China's growing financial muscle, the president of the European Central Bank, Jean-Claude Trichet, yesterday pleaded with Beijing to let the yuan appreciate against a sliding dollar and, by extension, loosen China's reliance on US monetary policy, to help rebalance the world economy and ease upward pressure on the euro.
  • The current deadline for the currency transition is 2018.
  • Iran announced late last month that its foreign currency reserves would henceforth be held in euros rather than dollars. Bankers remember, of course, what happened to the last Middle East oil producer to sell its oil in euros rather than dollars. A few months after Saddam Hussein trumpeted his decision, the Americans and British invaded Iraq.
    • Ed Webb
       
      Fisky always has been prone to alarmism. Iran is a much tougher target than Iraq. But if even some of what he reports here is true, economic power relations are indeed about to shift. And the move away from dollars for oil trading has been predictable for some time.
Ed Webb

A Critical Perspective from the South - governmentgazette.eu - Readability - 0 views

  • various obstacles have prevented convergence in policy discourses and processes across both shores of the Mediterranean
  • The EU’s emphasis on a security-centered approach in migration management and the prioritization of stability over democracy in the MENA region, have led to widening the Euro-Mediterranean gap.
  • the promotion of democracy and human rights represented one of the major normative objectives of the 1995 Barcelona Declaration. Still, due to a mix of pragmatic and security-driven considerations, the EU has co-operated with authoritarian regimes that upheld stability in the Arab region and in the Euro-Mediterranean order. The EU has moreover promoted a gradualist path of liberalization in the Arab world which consisted in galvanizing economic reforms and providing support to civil society groups. Ironically enough, this gradualist strategy contributed to maintaining the façade of liberalization that autocratic regimes were eager to advertise
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  • political engagement is not necessarily a slippery slope to interventionism
    • Ed Webb
       
      Key word: necessarily
  • boosting liberalization through economic means has proven to be unsatisfactory
  • Since 9/11, the EU has engaged in the MENA region with social and political actors whom it considered as moderate and liberal. Its uneasy relationship with Islamist parties has prevented it from tackling the interface between democratization and the requirement for inclusiveness
  • bridging the gap between a European and an Arab perspective of current changes in the Arab region is crucial
  • financing research and empowering academic and media discourses that help depict Arab narratives away from Western-centric and orientalist interpretative frameworks can set the tone for the development of a more balanced dialogue
  • The former Barcelona process and the Union for the Mediterranean (UFM), currently criticized for compartmentalizing issues of co-operation whilst sidelining core political problems, have called into question the multilateral dimension of Euro-Arab co-operation
  • while the bilateral approach can help boost democratic transitions in individual countries, tackling in the long term structural issues obstructing reform and good governance in the MENA region would still require multilateral channels
Ed Webb

Europe moves to safeguard Iran interests after U.S. pullout | Reuters - 0 views

  • “There is a realization among all European states what we cannot keep going in the direction we are headed today whereby we submit to American decisions,”
  • Foreign Minister Heiko Maas said transatlantic ties had been gradually damaged by shifts in U.S. policy. “We are prepared to talk... but also to fight for our positions where necessary,”
  • Paris was seeking U.S. waivers and longer transition periods over Iran for French companies including Renault (RENA.PA) and Total (TOTF.PA), while pressing for European Union measures to improve the bloc’s “economic sovereignty” in the longer term.
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  • French exports to Iran doubled to 1.5 billion euros ($1.79 billion) last year, driven by jets and aircraft and automobile parts, according to customs data.
  • Exports of German goods to Iran rose by around 400 million euros to 3 billion euros. Around 120 German firms have operations with their own staff in Iran, including Siemens (SIEGn.DE), and some 10,000 German companies trade with Iran.
Ed Webb

Italy Caused Chaos in Libya by Mismanaging Migration Policy - 0 views

  • Over three days in May 2017, the Italian secret service—masquerading as a humanitarian nongovernmental organization—summoned to Rome two dozen delegates from the southern edge of the Sahara desert. The pretext was to promote a peace deal for their war-torn region; the real goal was to bring them on board with an Italian plan to curb migration.
  • the pitfalls of a foreign policy that conflates peace and development with migration control
  • The International Organization for Migration manages one key pillar of the EU’s migration policy in Libya, namely the so-called voluntary repatriation of stranded migrants.
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  • Migration, however, was never much of a concern for the inhabitants of the Sahara. For the most part, they move freely across borders, and their economies depend heavily on the transit of people and goods.
  • What was meant to be “A dialogue on peace, development, security and human rights in the trans-border regions of Libya, Chad, and Niger,” according to the government’s agenda, became a failed attempt to co-opt some of the poorest people on the planet in a fight against migration from which they had little to gain.
  • The interior ministers of the three countries attended the gathering, as well as one vice president of the GNA—hardly a typical NGO summit. The summit was ostensibly organized by the Ara Pacis Initiative, a group that claims to be an “international not for profit organization based in Rome, dedicated to the human dimension of peace.” Its peculiar inspiration, according to its website, is the altar of peace built in Rome by emperor Augustus. The founder and sole active member of Ara Pacis is Maria Nicoletta Gaida, an Italian American former actress with little background in the humanitarian sector
  • The mysterious man with the ponytail started off with an offer meant to capture the goodwill of his audience: “We will ask for Italy’s commitment to immediately establish cultural identity centers for the trans-border tribes,” he said. Italy would staff these centers with teachers “that will keep alive the history and the culture of these great people.” He also promised health clinics connected via webcam to Italian hospitals. “These are small things,” he said, “for the seed from which the plant grows is always small.”
  • “After peace,” he said, “comes security and development.” The delegates should “deal with the issue of immigration and terrorism through border control mechanisms based on the optimization of reception centers that already exist in your countries.”
  • “My minister is ready to support any of your requests,” he said at one point. In return, he asked for the tribes’ backing in curbing migration: That would “give him the strength to go to Europe and defeat our enemies,” he said, without clarifying who those enemies might be.
  • At roughly the same time as the meeting near Rome, the Italian intelligence services reportedly brokered a multimillion-euro payment to Libyan militias involved in trafficking to enlist them as a coast guard force, a claim that Italy denies.
  • The Tuareg, the Tebu, and the Awlad Suleiman—the groups represented at the summit—are the gatekeepers of the desert crossed by those hoping to reach the Libyan coast to embark on a sea journey to Europe.
  • these agencies have repeatedly proved useless when it comes to defending the human rights of migrants in Libya. Indeed, the Associated Press revealed last month that the EU’s humanitarian spending has often been diverted to militias and traffickers—sometimes with the knowledge of U.N. officials.
  • Sergio De Caprio, known by the public as Capitano Ultimo, became a legend in Italy after arresting the godfather of the Sicilian mafia Totò Riina in 1993. His exploits inspired novels and a TV series. In 2016 and 2017, he was transferred to the secret service. While his anti-mafia record is legendary, his foreign-policy credentials are unknown. His appointment affirmed the Italian government’s belief that migration is essentially a criminal problem, and that smuggling rings can be fought in the same way as mafia organizations.
  • The parties in the Libyan conflict store weapons “in close proximity” to migrant detention centers, according to the Office of the U.N. High Commissioner for Human Rights, so these become a target of the bombing
  • “Rather than cultural centers,” he said, “let’s open factories, so that the youth can have a hope, an alternative to joining criminal gangs.”
  • Although the south of the Sahara is rich in oil, gold, and uranium, local populations suffer abject poverty. The Saharan delegates laid out their priorities: Negotiating peace was their main aim—and supposedly the reason they had flown all the way to Rome. They saw Italy as having a European mandate to mediate peace in Libya by virtue of its old colonial ties. But still the war raged on
  • if a border force was what Europe really wanted, the tribes could welcome military equipment. The United Arab Emirates, the Tuareg leader reminded De Caprio, had lent their helicopters and pilots for border patrol after just one meeting, and this was already their fifth visit to Italy.
  • There is no accountability for Europe’s multibillion-euro spending spree on projects to curb migration. In vast regions such as southern Libya that are inaccessible to diplomatic missions, let alone humanitarian agencies, officials are able to pocket the money for themselves. Migration spending thus ends up fostering corruption, rather than development.
  • when the Libyans sought ambitious development projects they were offered handicraft workshops instead
  • Humanitarian catastrophe looms over the wider Sahara region as Islamist insurgencies in the bordering Sahel region displace 4.2 million people. The Libyan war has escalated into an international conflict
  • “The social components of southern Libya are many more than just Awlad Suleiman, Tebu, and Tuaregs,” he argued. Moreover, he said, “their representatives know their identity and history well and are perfectly able to preserve their traditions.”
  • Italy and Europe’s credibility has been severely undermined by their single-minded pursuit of migration control when dealing with Libya and other African countries
  • At least 36,000 people have been returned to Libya as they attempted to leave the country since 2017 by a Libyan coast guard that Europe funded and equipped. Unsurprisingly, given the way they were recruited, coast guard officers have been found to be involved in such crimes as detaining and extorting ransoms from migrants, whipping shipwreck survivors, shooting migrants, sinking their dinghies, and ignoring distress calls
  • For several years the Community of Sant’Egidio, a Catholic organization of which Giro is a prominent member, had been mediating peace among the Saharan peoples. The association is involved in several conflict resolution initiatives around the world and has been credited with ending a bloody civil war in Mozambique in 1992.
  • Europe’s “migration obsession … a sickness that has infected all 28 EU countries
  • Mogherini’s tenure as EU foreign-policy chief will be remembered for its unprecedented callousness toward the plight of migrants and refugees; she now co-chairs a newly formed U.N. High-Level Panel on Internal Displacement
  • “Do you realize what it would mean if Libya fell into Turkish and Russian hands, at the expense of Europe? We would lose everything.” What would we lose? I asked him. “Everything! Control over migration, political control, economic control, the oil. … Eventually, we would lose it all.”
Ed Webb

Italian Fishermen, Caught Amid EU Migrant Politics, Are Being Captured in Libya - 1 views

  • The 180-mile stretch of the Mediterranean sea that separates Sicily from Libya has been a diplomatic battleground in Italian-Libyan relations for years
  • allowed Libya to quietly claim a bigger portion of the Mediterranean: a controversial move that has put the lives and livelihoods of Italian fishermen at greater risk for almost a decade
  • Libyans have continued to treat foreign fishing in that 74-mile stretch as a territorial invasion—and as a theft of their natural resources, to be punished through detention and bail payment
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  • The maritime dispute dates back to the 1970s, when Libya began using force to protect its self-proclaimed fishing waters off the Gulf of Sidra from foreign fishing vessels, 12 miles from its coast. But it worsened in 2005, when then-Libyan leader Muammar al-Qaddafi unilaterally extended the country’s waters from 12 to 74 miles offshore. Those claims were always formally rejected by main EU member states, and according to Stefano Marcuzzi, a Libya analyst at the NATO Defense College Foundation in Rome, many maritime law experts still consider them illegitimate. “Territorial waters can be extended up to 74 miles, according to the 1982 Montego Bay Convention, but that refers to oceans,” Marcuzzi said. “The extension of that principle to the closed waters of the Mediterranean basin is debatable.”
  • The EU has kept prioritizing migration containment by signing agreements with Libya’s coast guard, which is part of Tripoli’s navy, over proper nation-building and regional-stabilization policies—with mixed results
  • about 40 fishermen have been injured and detained in the past 25 years. More than 50 boats have been seized, and the release of each one has cost up to 50,000 euros, a price usually paid by the fishermen themselves.  
  • since civil war broke out in Libya in 2011, Italy and the EU have lost much of their influence in the country.
  • “Our families’ income has depended on fishing for generations. Despite the risks, we have no choice but to keep sailing these troubled waters, because that’s where red prawns live,” said Asaro, who was among the first Sicilian fishermen to experience detention—and a show trial—in Libya. In 1996, around 50 miles off the coast of the city of Misrata, the Libyan coast guard chased Asaro’s vessel for four hours before they began shooting at his crew, who were then jailed in Libya for six months. He’s since been detained twice more, most recently in 2012, near Benghazi, when he was released after eight days on an 8,000-euro bail he paid out of his own pocket.
  • The EU’s inability to see Libya outside the lens of migration has also allowed the country to take control of a bigger portion of the Mediterranean
  • allowing Libyans to assert larger maritime sovereignty has allowed them the opportunity to advance claims over natural resources, such as in the fishing dispute, and given them a base for potential military and trade movements deeper in the Mediterranean Sea
  • Since Rome and Tripoli signed an EU-backed agreement in 2017 to curb migrant flows across the Mediterranean, vessels from the EU have been barred from operating in the 74 miles off the Libyan coast, and Italy has been helping to train and equip the Libyan coast guard—one of the groups that has been detaining its own fishermen
  • “Before 2011, the Italian navy supported us. Now as soon as we are 50 miles from the Libyan coasts, they also tell us to leave. It seems as if they prefer to leave us with a smaller piece of sea to fish rather than irritating Libyans, who could then retaliate through migration deals,” said Roberto Figuccia, another fisherman from Mazara del Vallo who’s been captured by the Libyan coast guard and detained in Libya twice, in 2015 and 2018.
  • the Italian government’s inability to negotiate a fishing agreement with Libya has led Italian captains to forge their own ties with Haftar
  • “If the Mediterranean has become a battleground, it is not only because of migrants,” said Asaro, who recently ran—and lost—in local elections with the Lega party, which is known for its far-right and anti-EU rhetoric. He believes that Lega, unlike Italy’s other political parties, would stand up for Italian citizens’ rights over EU agreements. “I no longer feel as a European citizen. The EU has left us alone.”
Ed Webb

How the coup in Niger could expand the reach of Islamic extremism, and Wagner, in West ... - 0 views

  • Niger, which until Wednesday’s coup by mutinous soldiers had avoided the military takeovers that destabilized West African neighbors in recent years.
  • a Francophone region where anti-French sentiment had opened the way for the Russian private military group Wagner.
  • Signaling Niger’s importance in the region where Wagner also operates, U.S. Secretary of State Antony Blinken visited in March to strengthen ties and announce $150 million in direct assistance, calling the country “a model of democracy.”Now a critical question is whether Niger might pivot and engage Wagner as a counterterrorism partner like its neighbors Mali and Burkina Faso, which have kicked out French forces. France shifted more than 1,000 personnel to Niger after pulling out of Mali last year.
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  • Niger has been a base of international military operations for years as Islamic extremists have greatly expanded their reach in the Sahel. Those include Boko Haram in neighboring Nigeria and Chad, but the more immediate threat comes from growing activity in Niger’s border areas with Mali and Burkina Faso from the Islamic State in the Greater Sahara and the al-Qaida affiliate Jama’at Nusrat al-Islam wal-Muslimin, known as JNIM.
  • Mali’s military junta last month ordered the 15,000-strong United Nations peacekeeping mission to leave, claiming they had failed in their mission. However, Wagner forces remain there, accused by watchdogs of human rights atrocities.
  • The United States in early 2021 said it had provided Niger with more than $500 million in military assistance and training programs since 2012, one of the largest such support programs in sub-Saharan Africa. The European Union earlier this year launched a 27 million-euro ($30 million) military training mission in Niger.
  • The U.S. has operated drones out of a base it constructed in Niger’s remote north as part of counterterrorism efforts in the vast Sahel. The fate of that base and other U.S. operational sites in the country after this week’s coup isn’t immediately known.
  • West Africa’s Sahel region has become one of the world’s deadliest regions for extremism. West Africa recorded over 1,800 extremist attacks in the first six months of this year, resulting in nearly 4,600 deaths, a top regional official told the United Nations Security Council this week.
  • Niger is one of the world’s poorest countries, struggling with climate change along with migrants from across West Africa trying to make their way across the Sahara en route toward Europe. It has received millions of euros of investment from the EU in its efforts to curb migration via smugglers.
Ed Webb

Turkey pledges 15 million Covid vaccine doses for Africa in goodwill gesture - 0 views

  • Ankara has invested heavily in developing trade and diplomatic ties with the world's poorest continent during Erdogan's rule as prime minister and then president since 2003.Speaking to dozens of attending leaders and ministers, Erdogan said Turkey would ship 15 million Covid-19 vaccine doses to Africa, where cases are rapidly rising and vaccination rates are low.
  • Erdogan said Turkey wanted to strengthen relations with Africa in a wide range of areas including health, defence, energy, agriculture and technology.
  • Turkey and African countries agreed to strengthen cooperation in several fields, including health "through further health sector investments".
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  • Trade between Turkey and Africa has grown in the past 20 years from $5.4 billion to $25.3 billion (4.8 billion euros to 22.5 billion euros) last year.
  • Turkish Foreign Minister Mevlut Cavusoglu said the third Turkish-African summit -- by far the largest to date -- was being attended by 16 African heads of state and 102 ministers, including 26 top diplomats.
  • Erdogan also held one-on-one meetings with African heads of state, including Ethiopian Prime Minister Abiy Ahmed and Nigerian President Muhammadu Buhari, who have both expressed an interest in Turkey's defence industry.
Ed Webb

How Goldman Sachs Created the Food Crisis - By Frederick Kaufman | Foreign Policy - 2 views

  • in 1999, the Commodities Futures Trading Commission deregulated futures markets. All of a sudden, bankers could take as large a position in grains as they liked, an opportunity that had, since the Great Depression, only been available to those who actually had something to do with the production of our food
  • After World War II, the United States was routinely producing a grain surplus, which became an essential element of its Cold War political, economic, and humanitarian strategies -- not to mention the fact that American grain fed millions of hungry people across the world
  • Futures markets traditionally included two kinds of players. On one side were the farmers, the millers, and the warehousemen, market players who have a real, physical stake in wheat. This group not only includes corn growers in Iowa or wheat farmers in Nebraska, but major multinational corporations like Pizza Hut, Kraft, Nestlé, Sara Lee, Tyson Foods, and McDonald's -- whose New York Stock Exchange shares rise and fall on their ability to bring food to peoples' car windows, doorsteps, and supermarket shelves at competitive prices. These market participants are called "bona fide" hedgers, because they actually need to buy and sell cereals. On the other side is the speculator. The speculator neither produces nor consumes corn or soy or wheat, and wouldn't have a place to put the 20 tons of cereal he might buy at any given moment if ever it were delivered. Speculators make money through traditional market behavior, the arbitrage of buying low and selling high. And the physical stakeholders in grain futures have as a general rule welcomed traditional speculators to their market, for their endless stream of buy and sell orders gives the market its liquidity and provides bona fide hedgers a way to manage risk by allowing them to sell and buy just as they pleased.
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  • Every time the due date of a long-only commodity index futures contract neared, bankers were required to "roll" their multi-billion dollar backlog of buy orders over into the next futures contract, two or three months down the line. And since the deflationary impact of shorting a position simply wasn't part of the GSCI, professional grain traders could make a killing by anticipating the market fluctuations these "rolls" would inevitably cause. "I make a living off the dumb money," commodity trader Emil van Essen told Businessweek last year. Commodity traders employed by the banks that had created the commodity index funds in the first place rode the tides of profit
  • dozens of speculative non-physical hedgers followed Goldman's lead and joined the commodities index game, including Barclays, Deutsche Bank, Pimco, JP Morgan Chase, AIG, Bear Stearns, and Lehman Brothers, to name but a few purveyors of commodity index funds. The scene had been set for food inflation that would eventually catch unawares some of the largest milling, processing, and retailing corporations in the United States, and send shockwaves throughout the world
  • when the global financial crisis sent investors running scared in early 2008, and as dollars, pounds, and euros evaded investor confidence, commodities -- including food -- seemed like the last, best place for hedge, pension, and sovereign wealth funds to park their cash. "You had people who had no clue what commodities were all about suddenly buying commodities," an analyst from the United States Department of Agriculture told me. In the first 55 days of 2008, speculators poured $55 billion into commodity markets, and by July, $318 billion was roiling the markets. Food inflation has remained steady since
  • The average American, who spends roughly 8 to 12 percent of her weekly paycheck on food, did not immediately feel the crunch of rising costs. But for the roughly 2-billion people across the world who spend more than 50 percent of their income on food, the effects have been staggering: 250 million people joined the ranks of the hungry in 2008, bringing the total of the world's "food insecure" to a peak of 1 billion -- a number never seen before.
  • from 2005 to 2008, the worldwide price of food rose 80 percent -- and has kept rising
  • The more the price of food commodities increases, the more money pours into the sector, and the higher prices rise
  • Not only does the world's food supply have to contend with constricted supply and increased demand for real grain, but investment bankers have engineered an artificial upward pull on the price of grain futures. The result: Imaginary wheat dominates the price of real wheat, as speculators (traditionally one-fifth of the market) now outnumber bona-fide hedgers four-to-one.
  • speculation has also created spikes in everything the farmer must buy to grow his grain -- from seed to fertilizer to diesel fuel
  • a problem familiar to those versed in the history of tulips, dot-coms, and cheap real estate: a food bubble
  • I asked a handful of wheat brokers what would happen if the U.S. government simply outlawed long-only trading in food commodities for investment banks. Their reaction: laughter. One phone call to a bona-fide hedger like Cargill or Archer Daniels Midland and one secret swap of assets, and a bank's stake in the futures market is indistinguishable from that of an international wheat buyer. What if the government outlawed all long-only derivative products, I asked? Once again, laughter. Problem solved with another phone call, this time to a trading office in London or Hong Kong; the new food derivative markets have reached supranational proportions, beyond the reach of sovereign law
  • nervous countries have responded instead with me-first policies, from export bans to grain hoarding to neo-mercantilist land grabs in Africa. And efforts by concerned activists or international agencies to curb grain speculation have gone nowhere. All the while, the index funds continue to prosper, the bankers pocket the profits, and the world's poor teeter on the brink of starvation
Ed Webb

Iran cutting sensitive nuclear stocks, much work remains: IAEA | Reuters - 0 views

  • Among measures Iran is taking since the interim agreement took effect on January 20 is the dilution of its stock of higher-enriched uranium to a fissile concentration less suitable for any attempt to fuel an atomic bomb.Yukiya Amano, director general of the International Atomic Energy Agency (IAEA), indicated that Iran had made sufficient progress in this regard to receive a scheduled March 1 installment of $450 million out of a total of $4.2 billion in previously blocked overseas funds.
  • Separately, the IAEA is investigating suspicions - largely believed to be based on intelligence provided by Western states and Israel - that Iran has researched how to construct an atomic bomb, a charge Tehran denies. Iran says it is Israel's assumed nuclear arsenal that threatens Middle East peace.
  • Amano said 17 IAEA member states had so far expressed interest in contributing extra-budgetary funds to help finance the IAEA's extra workload in monitoring the implementation of the Geneva agreement in Iran, but that more was needed. "We are still short of some €1.6 million ($2.21 million)," Amano said.The U.N. agency said in January it needed about 5.5 million euros from member states to pay for its increased activities in Iran. This would cover more inspectors sent to Iran and the purchase of specialized surveillance-related equipment.
Ed Webb

Wilders wants headscarf tax | Radio Netherlands Worldwide - 0 views

  • Geert Wilders has done it again. The leader of the far-right Freedom Party managed to make the Dutch headlines during the annual general political debate. Wilders's newest proposal is to tax the Muslim headscarf. Any Muslim woman who wants to wear a headscarf - which he described as a 'head-rag' - would have to apply for a licence, and pay one thousand euros for the privilege. Wilders says the money raised would go toward women's emancipation programmes.
  • Mr Wilders said he would actually prefer to ban the headscarf altogether, but that appeared to be legally impossible. He would not tax the Christian form of the headscarf, but he did not say how policy would make that distinction.
Ed Webb

Canal (Kanal) Istanbul May Displace Thousands, Impact Ocean and Water Quality - 0 views

  • “Whoever cuts a branch from my forest, I will cut his head,” Sultan Mehmed II, who led the Ottomans into Istanbul, is said to have ordered in the 1400s. Today, thousands of trucks carrying soil and construction materials kick up dust along the roads north of Istanbul, depleting those forests that had been protected by sultans for five centuries.
  • Canal Istanbul (also called Istanbul Kanal), a massive shipping canal meant to route traffic from the Bosporus some 18 miles (30 kilometers) to the east. The homes alongside the new seaway will be replaced with upscale residential and commercial areas. With construction set to start there any day now, real estate speculators descend on the area, clamoring for locals to sell them their land
  • When completed, the canal will turn the densest part of the city, including its historic center, into an island. The area also straddles one of the world’s most active fault lines.
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  • The Bosporus is currently one of the most crowded waterways in the world. Thousands of oil tankers make up part of the 53,000 civilian and military vessels that transited through the Bosporus in 2017, compared to around 12,000 ships that transited the Panama Canal, and 17,000 the Suez Canal.
  • At the Black Sea, the canal will link with a new, 10 billion euro airport set to open this year that will feature the largest indoor terminal in the world. It will handle 200 million passengers annually, along with an air cargo hub that Turkey hopes will draw traffic from current European airports. A new highway cutting through forest on the Black Sea coast will feed the airport and canal, bringing cargo from Europe to the west and Asia to the east.
  • many of the region’s environmental experts say the government has not consulted them. Some of these experts have grown critical of the massive projects, saying they could have serious ecological consequences and imperil an already tenuous water supply
  • A square meter of land around Şamlar that went for $6.5 three years ago now sells for up to $184
  • “We are going to have new hospitals, parks, marinas, luxury apartments, and a city on both sides of the beautiful canal that will look like New York or Paris,”
  • Around 2 million people are employed in construction in Turkey, which accounts for about 19 percent of the country’s annual economic growth. Turkish construction firms rank as the second most active in terms of overseas operations, after Chinese firms. To reach its economic goals for 2023, the government has said it will need to invest about $700 billion in new infrastructure, plus $400 billion in urban renewal projects
  • Turkish officials have said the new canal will be able to handle all the traffic currently in the Bosporus, hinting that although they would like all current traffic to use the new route, the internationally protected Bosporus could also remain open, so the 1936 treaty is not technically violated. “The Montreux Convention regulates access to the Bosporus. However, the regulations for the Bosporus and the canal our country plans to build to offer an alternative route are different,” Minister Arslan said in January.
  • Residents in the area challenged the projects in 2013, filing lawsuits claiming the expropriation of their land was too hasty, and the government was paying them a fraction of the true value of the land. Based on the government’s own environmental impact report, nearly 100 other villagers then filed additional cases challenging the projects. Although a court ordered construction to be halted, the government issued a revised report in 2014. At that time they resumed construction.
  • The canal, airport, and highway projects directly contravene the city’s master plan, opponents charge.
  • With Istanbul’s population growing at a breakneck pace—from 3 million in 1980 to 15 million today—the city plan was meant to ensure resources like water and housing would be able to meet demand
  • “The 2009 plan was trying to at least set an aim for the population of Istanbul, capping it at 16 million,” says Atlar. “The conclusion was that there should be no more settlements in the northern forest, and that water and culturally important land must be protected. Further development would be east and west, not north.”
  • In 2012, Turkey’s federal government passed new legislation that would make it easier to reclassify any reserved land. Areas can be expropriated if they are deemed an earthquake risk, if they are needed to house people in the case of an earthquake, or if their development is considered in the national interest.
  • Of the 7,650-hectare land for the airport, which will include residential and commercial developments, 80 percent is now composed of forests and 9 percent lakes and ponds. Canal Istanbul will result in the leveling of 350 hectares of forest and run through districts that are home to more than one million people.
  • there is an open question of whether or not such a canal would violate the Montreux Convention, a 1936 treaty that ensures the free passage of commercial vessels and naval ships of countries along the Black Sea, including Russia, through the Bosporus, except in times of war
  • many of the city planners and environmental experts Turkey once asked for advice on such mega projects now say they are being ignored. Many of these professionals say they are no longer seen as advisors, but political opposition to the ruling Justice and Development Party
  • city’s water supply in danger.
  • In the 17th century, Mimar Sinan, the same Ottoman architect famed for the Blue Mosque, oversaw the construction of hundreds of miles of new aqueducts, several dams, and water basins that fed into hundreds of fountains in the city. Most of that ancient water system relied on streams and rivers in catchment areas in the forests north of the city—the same forests where the new airport is currently being built.
  • around 40 percent of Istanbul’s water comes from the European side of the city, which, even according to the government’s own environmental assessments, will be severely impacted by the canal and airport. The Sazlıdere Dam will be entirely uprooted, and smaller streams and underground water tables that feed at least three other lakes in the area could end up being disrupted. A drought in 2008 depleted the capacity of the city’s water reservoirs to 25 percent, and another in 2014 to 29 percent. Even in more wet years, Istanbul residents deal with water cuts that can last days
  • The Marmara Sea, part of the Mediterranean, is far more salty than the Black Sea, which leads to a powerful flow of water as the two bodies naturally try to reach a state of equilibrium. That flow was put to use by engineers in the 1990s, part of a $600 million World Bank project to provide a sustainable water system for Istanbul.
  • a series of 67 waste treatment plants were built. The city estimates 97 percent of its waste is now treated. The effluent, including any waste that still remains, is dumped into a point where the Bosporus meets the Marmara Sea. There, it is carried by an undercurrent north to the Black Sea.
  • with the Canal Istanbul project, Saydam and other experts warn that system could be turned on its head, upending the delicate balance of life in the water. If the canal is built, Saydam says, it will provide an alternate route connecting the Black and Marmara Seas. Years of modeling and scientific studies suggest that could undo the unique waste water system in Istanbul, he says. The change in the salinity could also spark an anoxic state in the waters, one that would end up leaving the city smelling of hydrogen sulfide
  • once you do this there will be no way to turn back
Ed Webb

Turkey launches Operation Spring Shield against Syrian forces - 0 views

  • Ankara said today that it had launched Operation Spring Shield against the Syrian Arab Army on a day that saw Turkey down two Russian-made Syrian air force jets, and Russian President Vladimir Putin agreed to meet Turkish President Recep Tayyip Erdogan on March 5 over the unfolding Idlib crisis.
  • Turkey said it had destroyed several air defense systems, more than 100 tanks and killed 2,212 members of the Syrian forces, including three top generals in drone strikes since Feb 27
  • The dramatic escalation pitting NATO member Turkey against the far weaker Syrian Arab army followed Feb. 27 airstrikes that killed at least 36 Turkish soldiers in Idlib, sending shock waves throughout Turkey.
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  • Turkey’s state-run Anadolu news agency said at least 21 “Iranian-backed terrorists” were also “neutralized” in Idlib, in a reference to Afghan, Pakistani and other Iranian-backed Shiite militias that have been fighting alongside Syrian President Bashar al-Assad’s forces in Idlib
  • As war raged on in Idlib, a humanitarian drama was unfolding at Turkey’s border with Greece. On Thursday, Turkey announced that its borders were open for millions of Syrian and other refugees in Turkey to leave. It justified the move on the grounds that it could no longer cope with the burden, with up to a million civilians fleeing regime violence in Idlib remaining massed along Syria's border with Turkey. Thousands of migrants have gathered near Greece's Kastanies border crossing, some getting there by taking free rides on buses organized by the Turkish government. Turkey’s state-owned Arabic-language broadcasting channel, TRT Arabi, provided maps for migrants showing various routes to reach the border.
  • Erdogan lashed out at the EU for failing to fulfill a 2016 deal under which Turkey undertook to care for nearly 4 million mostly Syrian refugees in exchange for 6 billion euros ($6.6 billion) in financial support
  • the effect of this new blackmail is a complete disaster. One because the Turkish leadership is officially misleading migrants, telling them that ‘borders are open.’ Two because this is now an additional state-organized humanitarian disaster. There is total bewilderment in Europe at what the Turkish leadership can do when finding itself in a total, self-inflicted dead end
  • “The term that best characterizes Turkey’s current foreign and security policy is kakistrocracy, that is, government by the least qualified,” he told Al-Monitor. “The only silver lining in the Idlib crisis is that now [the Turkish government] can blame Turkey’s looming economic crisis on exogenous factors, allowing Erdogan to deny that his son-in-law Berat Albayrak, who is in charge of the economy, is to blame for his incompetence and mismanagement.”
  • “Aleppo is ours and so is Hatay,” declared Ibrahim Karagul, a fellow Erdoganist scribe on his Twitter feed. He was responding to an article by Russia’s state-run Sputnik news agency, which opened to debate Turkey’s 1939 acquisition of Hatay — also known as Alexandretta — in a disputed referendum following the breakup of the Ottoman Empire by the allied powers. The article is believed to have spurred today’s detention of the editor-in-chief of the Turkish version of Sputnik. Mahir Boztepe was released following a phone call between Turkish Foreign Minister Mevlut Cavusoglu and his Russian counterpart Sergey Lavrov.
  • the consensus among military experts is that Feb. 27 airstrikes were likely carried out by Russian jets. “Russia flies at night, the regime can’t. The Turks were bombed at night,” said Aaron Stein, director of the Foreign Policy Research Institute’s Middle East Program. Both sides have chosen to blame the regime for the attack, presumably to avert a direct confrontation that neither side wants.
  • Did Putin underestimate Erdogan when the pugnacious Turkish leader set a Feb. 29 deadline for Syrian forces to move out of Idlib? Is he merely letting Erdogan save face? Or does Ankara have more agency in its relations with Moscow than it is credited for? It’s probably a bit of everything, said Kevork Oskanian, an honorary research fellow at Birmingham University who is writing a book titled “Russian Empire.” He told Al-Monitor, "Russia’s reluctance to intervene in the regime’s favor does appear to be designed to allow Erdogan to save face while also softening Assad up for compromise.”
Ed Webb

Can EU's fear of terrorists give Turkey clout in ocean drilling? - 0 views

  • President Recep Tayyip Erdogan has once again stunned Europe, this time by threatening to send captured Islamic State (IS) suspects there
  • Erdogan's most recent threats came as he was responding to the European Union warning of sanctions against Turkey’s drilling operations in the eastern Mediterranean.
  • Ankara is angry that the Cyprus government is pursuing oil and natural gas exploration without ensuring the rights of the Turkish side, and that the EU is backing Cyprus. Ankara has found itself isolated. Greece, which had made exploration deals with Italy's ENI, France's Total and America's Noble and ExxonMobil, secured the full support of the United States and the EU last year. Early this year, the Republic of Cyprus, Greece, Israel, Italy, Jordan, Palestine and Egypt established the Eastern Mediterranean Gas Forum in Cairo.
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  • Turkey's drilling operations near Cyprus prompted the EU to threaten sanctions that stipulated severing high-level contacts with Turkey, suspending the Comprehensive Air Transport Agreement and reducing 145.8 million euros ($161.4 million) in funding the EU was to provide until 2020. On Nov. 11, the EU announced the framework of sanctions targeting people and institutions participating in Turkey’s exploration activities.
  • Europe's legal system offers flexibilities that can benefit IS members. If those sent to Germany are not definitively implicated in armed clashes, killing or torture, they can avoid the court process. Just having traveled to IS-controlled areas isn't enough; prosecutors want proof that those sent back intentionally joined IS.
  • Sending IS members back to their original countries is a major issue, even beyond Turkey’s desire to use such deportations for its own interests. The decision by some countries to revoke the citizenship of IS members has made the issue much more complex. For instance, as of February the UK had revoked the citizenship of about 100 returnees.
  • According to official data, there are 1,180 IS suspects in Turkish prisons, 250 in repatriation centers and 850 in areas Turkey controls in Syria. There are also an estimated 90,000 IS-affiliated suspects in Kurdish camps in Syria. Ankara was accused of allowing some prisoners to escape during the operation it launched in Syria last month.
  • A European official who deals with IS issues said he, like others, sees Erdogan's actions as blackmail. “Erdogan, with his blackmail policy, gets whatever he wants because economic interests override [everything else]. Fear of immigration is big," he told Al-Monitor on condition of anonymity. “[European countries] didn’t want to take the IS militants and their families while they were held by Kurds; they wanted them to stay there. Some countries quietly brought over some IS families. But this is not a sustainable policy. Now as Erdogan is [deporting] them, many countries are astounded,”
Ed Webb

How bus ban reflects Morocco's broader migration policy - 0 views

  • a poster in a Moroccan bus station. Apparently hung by the major transport company CTM, it announced it would be "strictly forbidden to sell CTM tickets to Africans" traveling to cities near Europe if they couldn't produce a valid Moroccan residency permit. It was clear “African” referred to black sub-Saharans and not Moroccans.
  • Though the poster’s words came as a shock to most, the policy behind them has been in practice for several years, migrants say. And rather than the intended effect of curbing migration, such policies have only cultivated illegal trafficking networks. 
  • Tens of thousands of sub-Saharan migrants have passed through Morocco to Europe in recent decades. An estimated 700,000 currently reside in the kingdom, many without legal permission to do so.
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  • Morocco, a country of both origin and transit for migration, is a tense middle ground. The kingdom is the closest African country to Europe and shares land borders with two Spanish enclaves, making it a practical conduit for migrants. After Turkey and the European Union signed a border deal in 2016 and Italy closed its southern ports in 2018, scores more migrants headed for Morocco. 
  • after hundreds of sub-Saharan migrants breached the border fences of the Spanish enclave of Ceuta in mid-2018, Morocco cracked down. 
  • Morocco, facing pressure from Europe, has aggressively policed their presence. Since 2018, authorities have taken sub-Saharan migrants from their homes and the streets in border cities and bused them hundreds of miles to the south. The EU has given 232 million euros to Morocco to manage migration, most of which is spent on border policing. 
  • “When international deals were at stake, financial compensation to the kingdom was at stake, we started to see hardened migration policies.” 
  • Whether or not an official directive, the CTM poster hit all the wrong targets. Sub-Saharan Africans buying the company’s relatively expensive tickets are likely regularized and working in Morocco, not undocumented, Magallanes-Gonzalez said. “It’s like a slap in the face. It reminds documented migrants that the policy that promised them integration and access to social services — the policy they thought offered them hope in this country — may not be fully in practice," she added. Moreover, she said, “It reminds them that because they’re black, they’re being targeted.”
  • Thirty-one percent of migrants who crossed the Strait of Gibraltar in 2018 were Moroccan; 70% of Moroccans under the age of 30 have considered leaving, according to Arab Barometer.
  • Lacking legal options, they turn to traffickers who may exploit them and put them in deadly situations. EU border policing, combined with a broken Libyan state, led to migrants being sold as slaves in Libya in 2017 and 2018. 
Ed Webb

UN expert report unmasks Libya arms embargo violations - 0 views

  • Libya's warring parties are running rings around a UN arms embargo
  • transfers have been "repeated and sometimes blatant, with scant regard paid to compliance with the sanctions measures"
  • the opaque process surrounding the transfer of an Irish navy patrol boat to Haftar's forces.Sold for 110,000 euros ($122,000) in March 2017 by the Irish government to a Dutch company, it was then bought for $525,000 by an Emirati firm and re-registered in Panama as a "pleasure yacht".- 'External parties' -The ship was subsequently bought by Haftar's forces for $1.5 million.
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  • UN report highlights Jordan, the United Arab Emirates and Turkey as regular embargo violators, with Amman and Abu Dhabi allegedly funnelling arms to Haftar, while Ankara equips the GNA
  • report accuses the UAE of delivering a Russian aerial defence system (Pantsir-S1) to Haftar's forces
  • The report says foreign combatants have been recruited by both sides, including from Sudan and Chad, but makes no mention of Russian mercenaries who -- according to media reports denied by Moscow -- have fought alongside Haftar's forces.
  • UN experts say that the Sudanese fighters were sent to Libya under a contract signed in Khartoum on May 7 between Canadian firm Dickens & Madson and Daglo, in the name of Sudan's military council
  • Ankara even promised to send troops to Libya to support the GNA, if required, further exacerbating tensions.
Ed Webb

The Pandemic Could Spark a New Refugee Crisis by Destabilizing Egypt, Turkey, Tunisia, ... - 0 views

  • middle-income countries—including Turkey, Ukraine, Egypt, and Morocco—do not benefit from global initiatives like the debt relief programs led by the International Monetary Fund (IMF), which target less developed nations. Yet they lack the domestic resources to rebound effectively from the deep recession that awaits them. The rising risk aversion in global markets has constrained their debt-raising options. Their economic well-being has further been undermined by the coronavirus-related economic downturn, raising fears about economic dislocation and political instability.
  • the economic resilience of Europe’s neighbors is clearly at risk. A major revenue stream for many of Europe’s southern and eastern neighbors is tourism. In 2018, tourism revenues as a share of total exports of goods and services reached 41 percent in Jordan and 25 percent in Egypt, according to the United Nations World Tourism Organization.
  • In absolute numbers, Turkey’s tourism revenues including international transport were the highest at $37 billion, amounting to around 5 percent of GDP. This important revenue source is now set to evaporate as the virus takes its toll. The collapse of the tourism industry will also have significant repercussions for the sustainability of employment. For Jordan, Morocco, and Tunisia, tourism provided for around 7 percent of total employment, compared with the global median of 3.8 percent.
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  • Europe’s neighbors are set to endure even more hardship when it comes to trade imbalances as their exports are due to collapse. They will be among the most affected from the ongoing fall in consumer demand in Europe given their heavy reliance on the continental market. The European Union’s share of total exports stands at some 65 percent for Morocco, 50 percent for Turkey, and 43 percent for Ukraine.
  • a perfect storm on Europe’s borders. The combination of recessionary economics, balance of payments difficulties, and surging unemployment has created a formidable challenge that will jeopardize domestic social contracts
  • The ensuing political and economic instabilities would not only create the conditions for the rise of radicalization in these afflicted societies but also trigger new cross-border movements and refugee flows across the Mediterranean.
  • In the absence of a global consensus, EU governments should consider shifting their IMF-held SDRs to financially strained neighboring countries. That would amount to a financial stimulus of about $95 billion with no fiscal impact on EU and national budgets.
  • the European Central Bank (ECB) should be more actively involved in establishing swap arrangements with the central banks of partner countries. Under such a scheme, beneficiary countries would obtain euros from the ECB against a collateral in their own currency. These arrangements would provide beneficiary countries with foreign exchange liquidity and replenish their reserves
Ed Webb

Cameroonian migrants deported from UAE face conflict or exile - 0 views

  • Just months ago, Cameroonian migrant Wilfred Christopher had a home and stable job as a pastry chef in Abu Dhabi. Now, the 26-year-old fears for his life after authorities in the capital of the United Arab Emirates (UAE) deported him to Cameroon – where his home region is mired in conflict. "Sometimes there's fighting, there are stray bullets. Now they said if you go out (after curfew), they might shoot you," Christopher said by phone from the town of Tiko in Cameroon's South West region, referring to fighting between Anglophone separatists and government forces.
  • one of hundreds of African migrant workers - from Cameroon, Nigeria, and Uganda - who were arrested in late June in the UAE, and deported en masse in recent weeks
  • charges which human rights groups have decried as bogus
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  • forced returns of Cameroonians this summer to a country beset by violence could amount to a violation of international law, according to Human Rights Watch
  • six deported Cameroonians said they were repeatedly denied access to lawyers or information about the charges against them following their arrest, and that their concerns about the ongoing violence back home were dismissed
  • "I told them: 'you want me to die?' and they said: 'just go back to your country'," added Rene, who worked as a car polisher in Abu Dhabi since 2019. Rene said he had not been allowed to retrieve his savings or any documents, including his birth certificate, before being deported.
  • African and Asian workers have highlighted stigma and racism in the past, and the UAE regularly faces criticism from human rights groups for abuses including forced deportations. Yet the scale of the mass arrests in June and recent deportations were unprecedented, the non-profit Euro-Med Monitor - which co-authored a report on the issue - said this month.
  • all countries are obliged to abide by a human rights principle known as "non-refoulement," which prohibits nations from forcibly returning anyone to a country where they risk threats to their life or liberty
  • Cameroon's consul-general in Dubai, Donancier Mebouogue, said he had received "no official information" from the UAE's foreign ministry on the arrests and deportations, despite three written requests. In early August, Mebouogue tried to visit al-Wathba prison, where guards confirmed that Cameroonians were being detained but prevented him from seeing them, he said.
  • While Nigeria has proved a sanctuary for some of the Cameroonians, not all are so fortunate. "I traveled (to Abu Dhabi) because the war was getting too tough," former pastry chef Christopher said. "Now I'm back (in Cameroon), with nowhere to turn to – nowhere to run."
Ed Webb

France apologizes to Algerians who fought for colonizers - 1 views

  • French President Emmanuel Macron apologized Monday to Algerians who fought alongside French colonial forces in Algeria’s war for independence, and were then massacred and ostracized as traitors.In a solemn ceremony interrupted by the cries of one fighter’s daughter, Macron also promised a law guaranteeing reparations for the contingent known as the harkis. The distraught woman, who said she grew up in a camp where France sequestered harkis after the war, argued that the law wouldn’t go far enough to fix the damage.
  • Around 200,000 fought against fellow Algerians in the 1954-1962 war, and tens of thousands of harkis were killed after the French withdrawal.
  • It’s a difficult issue for Macron, who has sought to confront France’s colonial past — notably in Algeria, the most prized of France’s former overseas conquests. In Algeria, the harkis are widely seen as traitors, and wounds from the colonial era slice deep. Algerians today want their own apology from France for its actions during the war.
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  • Macron didn’t give details about the reparations for harkis. In 2018, his government promised 40 million euros for the harkis and their children via pensions and other aid, as an “indemnity.” His predecessor, Francois Hollande, acknowledged the state’s culpability toward the harkis in 2016, and then President Nicolas Sarkozy in 2012 recognized the state’s “failings.”
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