Venezuela: oil sanctions eased, Chevron pleased
Negotiations barely got started in Mexico between representatives of Venezuelan President Nicolás Maduro and his political opposition last month before the United States announced the loosening of oil sanctions imposed on the regime. The move, allowing Chevron to begin pumping oil again, comes amid global energy shortages following Russia's invasion of Ukraine. Profits are to go to Venezuela's creditors in the US, not the state oil firm, PDVSA.
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.
Burma: ousted leaders form parallel government
Ousted Burmese lawmakers and opponents of the military junta hitherto constituting the Committee Representing Pyidaungsu Hluttaw (CRPH, a reference to the lower house of the suspended parliament) on April 16 officially announced the formation of a National Unity Government. The president of this parallel civilian authority is U Win Myint, the ousted former president. Similarly, its state counselor is Aung San Suu Kyi, who was serving in that capacity before the February coup d'etat. Both U Win Myint and Suu Kyi are being held in detention by the junta, and the first demand of the NUG is for their freedom.
Military re-seizes power in Burma
Burma's military announced Feb. 1 that it has taken control of the country and imposed a state of emergency. The country's civilian leader Aung San Suu Kyi was detained in an early morning raid along with President U Win Myint and other figures associated with the ruling National League for Democracy (NLD). Although the internet was cut off by the military, Suu Kyi managed to get out a statement to social media calling on Burma's people to "protest against the coup." The military, officially known as the Tatmadaw, said the state of emergency will last for a year, during which time armed forces chief Gen. Min Aung Hlaing will rule and oversee new elections. The Tatmadaw is justifying the move by asserting that there was voter fraud in the November parliamentary elections, in which the military-linked Union Solidarity Development Party (USDP) suffered a crushing defeat to the NLD. No official election observers had made any claims of fraud. (The Irrawady, The Irrawady, The Irrawady, BBC News, BBC News, Burma Campaign)
Katie Halper: 'Useful Idiot' or Russian 'infiltrator'?
The popular vlogger and comedian Katie Halper, whose journalistic take-downs of the Democratic Party establishment have certainly been deftly exploited (at least) by the Kremlin propaganda machine, wears the accusation that she is a "useful idiot" for Russia as a badge of pride—"Useful Idiots" is actually the (presumably sarcastic) name of the podcast she co-hosts with the equally problematic Matt Taibbi. We've always wondered, in an academic way, if such figures really are useful idiots, or something more sinister—knowing propagandists for Vladimir Putin's deeply reactionary global ambitions. The debate has suddenly exploded onto the left-wing vlogosphere.
Iraq and Afghanistan: US troops out, Chevron in?
On a visit to Baghdad this week, Gen. Frank McKenzie, chief of the Pentagon's Central Command, announced that US forces in Iraq will be reduced in the coming weeks from some 5,200 troops to about 3,000. McKenzie later told reporters that troop levels in Afghanistan will drop from the current 8,600 to 4,500. All of this is to happen by "late October," he said. How convenient. (AP, Politico) This all smells more of politics that strategy. There are still more than 10,000 ISIS fighters remaining across Iraq and Syria, according to a UN estimate from August. So, as Defense One comments, "any 'mission accomplished' moment remains elusive to clear-eyed observers of ISIS and the Middle East."
International youth file climate change lawsuits
Six Portuguese young people have filed a legal complaint at the European Court of Human Rights (ECHR) in Strasbourg, France, accusing 33 countries of violating their right to a secure future by failing to take action to mitigate the climate crisis. The youths aged 12 through 21, represented by the Global Legal Action Network (GLAN), are targetting countries whose policies on carbon emission reduction they say are too weak to meet the 1.5 degrees Celsius goal of the Paris Agreement, citing the country ratings of the Climate Action Tracker. Named in the suit are the 27 European Union member states, as well as the United Kingdom, Switzerland, Norway, Russia, Turkey and Ukraine.
San Francisco suit against oil companies remanded
The US Court of Appeals for the Ninth Circuit on May 26 reversed a federal judge's dismissal of a climate change lawsuit against oil companies including ExxonMobil, BP and Chevron by the cities of San Francisco and Oakland, setting the stage for the case to be heard in a more favorable California state court. The two cities, who first brought suit separately, are seeking billions of dollars from the companies in a special "abatement fund," alleging their practices knowingly led to problems the cities must now contend with, including rising seas and extreme weather. The cases were initially brought in state court, but they were combined and moved to federal court at the demand of the companies, on the basis that they raised questions of US law, such as the Clean Air Act. The case was dismissed in June 2018 by US District Judge William Alsup, who held that the courts lacked jurisdiction in the matter. A Ninth Circuit panel remanded the case back to Judge Alsup, ordering him to give further consideration to whether his court has jurisdiction. If he again finds his court lacks jurisdiction, the panel ruled, the case must return to state court.
19 hours 20 min ago
19 hours 31 min ago
2 days 10 hours ago
2 days 12 hours ago
2 days 19 hours ago
2 days 19 hours ago
2 days 20 hours ago
6 days 18 hours ago
1 week 1 day ago
1 week 2 days ago