Tag Archives: Qatar

Citing $69 Trillion Price Tag by 2100, Moody’s Warns Central Banks of Far-Reaching Economic Damage of Climate Crisis

“There is no denying it: The longer we wait to take bold action to curb emissions, the higher the costs will be for all of us.”

By Jessica Corbett, staff writer for Common Dreams. Published 7-3-2019

Arid soils are shown in Mauritania in 2012, when crops failed because of a severe drought which led to a food crisis that impacted millions of people across West Africa. (Photo: Oxfam International/Flickr/cc)

Noting previous warnings that the human-caused climate crisis could cause trillions of dollars in damage to the global economy by the end of the century, a new report from Moody’s Analytics explores the economic implications of the international community’s failure to curb planet-warming emissions.

Moody’s Analytics chief economist Mark Zandi told The Washington Post—which first reported on the new analysis—that this is “the first stab at trying to quantify what the macroeconomic consequences might be” of the global climate crisis, and it comes in response to European commercial banks and central banks. The climate emergency is “not a cliff event. It’s not a shock to the economy. It’s more like a corrosive,” Zandi added. But it is “getting weightier with each passing year.” Continue reading

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What’s Really Happening With Saudi Arabia and Qatar Will Not Be Televised

By Darius Shahtahmasebi. Published 6-7-2017 by The Anti-Media

Egypt, the UAE, Bahrain, Yemen, Libya, and the Maldives — spearheaded by Saudi Arabia — have severed almost all of their ties with Qatar. The move comes just days after hacked emails from the Hotmail account of a wealthy, prominent UAE ambassador, Yousef Al-Otaiba, showed that a number of countries were conspiring to denigrate relations with Qatar (and Iran).

The official justification for Saudi Arabia’s rift with Qatar is that the latter country aligns with terrorists and threatens national security. However, both Saudi Arabia and Qatar have been alleged to support ISIS, and Saudi Arabia’s history of support for terrorist organizations surpasses that of almost any other state in the world (with the exception of probably the U.S.). In fact, the British Home Office is currently refusing to release a report on terrorist funding — commissioned by former Prime Minister David Cameron — because it focuses too heavily on Saudi Arabia. Continue reading

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Turkey Looks to Join Russia-China Alliance, Snubbing the US and Europe

By Darius Shahtahmasebi. Published 11-22-2016 by The Anti-Media

Photo: Emre Uslu/Twitter

Photo: Emre Uslu/Twitter

Turkish President Tayyip Erdogan recently said Turkey does not need to join the European Union “at all costs.” Instead, he is looking to become part of the Shanghai Cooperation Organization.

The Shanghai Cooperation Organization is a Eurasian political, economic, and military bloc originally founded in Shanghai by China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan.

Although Turkey is a member of NATO, 11 years of negotiations aimed at the country’s entrance into the E.U. have almost fallen flat. A proposal for Turkey to take a certain number of refugees from Europe with hopes this would lead to E.U. membership failed earlier this year. Continue reading

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Russia and Turkey Exchange Threats as War Tensions Reverberate Along Syrian Border

‘What happens next is anything but clear.’

By Jon Queally, staff writer for Common Dreams. Published 2-17-2016

PresidentRecep Tayyip Erdogan of Turkey pictured in January 2016. (Photo: EPA)

President Recep Tayyip Erdogan of Turkey pictured in January 2016. (Photo: EPA)

A bomb blast in the Turkish capital of Ankara on Wednesday—which killed dozens of people and injured scores of others—arrived alongside increasing global worries about how Turkey is responding to shifting developments on the other side of its border with Syria where a brutal civil war and international fight against the Islamic State continues.

Over the recent days and weeks, the Syrian armed forces of President Bashar al-Assad, backed by Russian airstrikes and the Syrian Kurdish milita known as the YPG, have closed off vital supply routes of ISIS and opposition fighters while capturing long-held territory near the strategically-situated town of Azaz and the rebel stronghold of Aleppo in northwestern Syria. Continue reading

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