Finland
Ukraine war portends new oil shock
Long-depressed oil prices are suddenly soaring in response to the Russian invasion of Ukraine, with impacts already being felt globally. Kazakhstan, recently wracked by internal instability, is facing economic crisis as its crude exports are threatened. Most of these exports pass through a pipeline linking Kazakhstan's western oil-fields to Russia's Black Sea terminal at Novorossiysk. That terminal, owned by the Caspian Pipeline Consortium (CPC), lies within 250 kilometers of the Ukrainian port of Mariupol, now besieged by Russian forces. This proximity is sufficient for tankers loading at the Novorossiysk terminal to incur a "war risk insurance premium." According to S&P Global Platts, the premium has been high enough to deter buyers since the Russian invasion of Ukraine was launched late last month.
Liberian warlord goes on trial in Switzerland
A trial opened in Switzerland Dec. 3 for the first Liberian to face war crimes charges over atrocities during the country's brutal internal conflict in the 1990s. Former warlord Alieu Kosiah stands accused of murder, rape, recruiting child soldiers, and numerous other crimes during the first of Liberia's two civil wars, which together killed some 250,000 people between 1989 and 2003. Kosiah, who had been living in Switzerland since 1999, was arrested in November 2014 for atrocities he allegedly committed as a commander of the United Liberation Movement of Liberia (ULIMO) between 1993 and 1995. A group of Liberian victims is being represented by the Swiss human rights group Civitas Maxima. The organization has worked with the Global Justice and Research Project in Liberia since 2012 to document crimes committed during the country's civil wars. The case is being heard by the Federal Criminal Court in the city of Bellinzona under the principle of universal jurisdiction.
UN climate talks delayed one year by COVID-19
International climate negotiations will be delayed by a full year because of the coronavirus pandemic, the UN Framework Convention on Climate Change (UNFCCC) and the UK government announced May 28. The next summit, officially dubbed the 26th UN Climate Change Conference of the Parties (COP26), was due to take place this November in Glasgow, but has now been put off to November 2021. Delaying the talks could encourage governments, industrial concerns and financial institutions to adopt recovery plans with high climate costs. The postponement is particularly critical given the failure of last year's summit, held in Madrid, to reach any agreement. Instead, critical decisions were put off for COP26. This means a full two years will have passed before any progress can be made. (STV)
UN report on climate change calls for urgent action
A Special Report on Climate Change was released by the UN Inter-governmental Panel on Climate Change (IPCC) on Aug. 8, focusing on greenhouse gas emissions and its links to desertification, land degradation and food security. The report warns that the "rise in global temperatures, linked to increasing pressures on fertile soil," risks "jeopardizing food security for the planet." According to the report, about a quarter of the Earth's ice-free land area is subject to human-induced degradation, such as soil erosion and desertification. The effects of global warming have led to "shifts of climate zones in many world regions," further exacerbating land degradation, and leading to extreme weather conditions such as floods and droughts. The reports warns: "The stability of food supply is projected to decrease as the magnitude and frequency of extreme weather events that disrupt food chains increases."
Will world war be October surprise?
Will an "October surprise" in the prelude to the mid-term elections in the US be the outbreak of world war—that is, direct superpower conflict? Things are escalating fast on the frontlines with both of the United States' major imperial rivals. The US Navy's Pacific Fleet has drawn up a classified proposal to carry out a "global show of force" as a warning to China. The draft proposal reportedly calls for the Pacific Fleet to conduct a series of exercises in the coming weeks, involving warships, combat aircraft and troops, to demonstrate that the US can "counter potential adversaries" quickly on several fronts. (CNN) The plans come after a near-skirmish between a US warship and a Chinese destroyer in the disputed South China Sea on Oct. 2. The two vessles came within yards of each other, compelling the US ship to abruptly switch direction. US officials called the Chinese vessel's behavior "unsafe and unprofessional." while Beijing is accusing the US of violating its sovereignty. (WaPo)
Helsinki protests Trump-Putin lovefest
A leading LGBT rights group projected messages for Donald Trump and Vladimir Putin in giant letters on the wall of the Presidential Palace in Helsinki hours before the summit between the two leaders was set to open. "Trump and Putin: Stop the Crimes Against Humanity in Chechnya," read one message displayed by the Human Rights Campaign. Other projections read: "The whole world is watching" and "Silence is deadly." The group said in a tweet ahead of the action: "Last year, reports surfaced of Chechen authorities rounding up and detaining more than 100 men who were suspected of being gay or bisexual and 20 have been murdered. Today HRC confronted Trump and Putin in Helsinki over these crimes against humanity." The statement continued: "For more than 15 months, @realDonaldTrump has refused to publicly condemn the systematic torture, abuse and murder of LGBTQ people occurring in Chechnya as Vladimir Putin has licensed the violence to continue." (Mediaite)
US signs Arctic climate declaration —with caveats
US Secretary of State Rex Tillerson on May 11 signed the Fairbanks Declaration, affirming the neeed for protection of the Arctic's climate. The move, at the 10th Arctic Council Ministerial Meeting held in the Alaska city, came after much speculation that the US would decline to sign, or even use the occasion to announce its withdrawal from the Paris Agreement. The Fairbanks Declaration notes the importance of the Paris Agreement, while stating that "the Arctic is warming at more than twice the rate of the global average." The US getting on board was apparently the fruit of behind-the-scenes diplomatic pressure. "I think we were able to push the US back as much as possible," Rene Solderman, Finland's senior adviser on Arctic affairs, told reporters after the ministerial session.
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