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Europe’s week: EU economic woes mount & Ukraine war crimes commitment

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Europe’s week: EU economic woes mount & Ukraine war crimes commitment

This week, it was formally confirmed that Croatia will introduce the euro on January 1, 2023, after the EU establishments eliminated the ultimate authorized obstacles for it to undertake the widespread forex.

The Adriatic nation fulfils the required necessities on points together with inflation and public debt.

Adopting the euro affords financial advantages stemming from deeper monetary ties with the forex bloc’s different members and from the European Central Financial institution (ECB).

The Frankfurt-based financial authority praised Croatia’s euro membership as an indication of energy for your complete euro space.

“Congratulations. It is a time for celebration,” ECB President Christine Lagarde mentioned on Tuesday.

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“That is the twentieth member of the euro space becoming a member of on the twentieth anniversary of the creation of the euro cash and the euro banknotes. It is also an act of inclusion. Shifting from being 19 to being 20 is not only symbolic in numbers, but it surely’s additionally an indication that collectively we’re stronger.”

However Croatia’s transfer to the core of the European Union occurs at an advanced second economically.

The expansion image is bleak, inflation retains rising, as new figures confirmed this week, and the warfare in Ukraine has created political and financial insecurity in Europe not seen in a long time.

And fears Moscow will reduce off fuel to Europe have pushed the euro right down to parity with the greenback, which can drive up the relative worth of oil which is buying and selling in {dollars}, additional pushing up inflation.

The European Commissioner for Financial system, Paolo Gentiloni, warned that issues may worsen too.

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“What may change the state of affairs we’re in and produce us right into a harder financial state of affairs are provide cuts and actual shortages of provide,” Gentiloni mentioned.

“This might change an image that, in the interim, is an image of very restricted, lowered and slowed down development. We aren’t in adverse territory in the intervening time.”

For William De Vijlder, chief economist at BNP Paribas, Europe is already in a state of stagflation, the place inflation is excessive and development stays sluggish.

“Within the brief run, it is going to really feel like stagflation as a result of we now have nonetheless elevated inflation. That may take quite a lot of time to say no, whereas within the meantime, the expansion surroundings has develop into extraordinarily comfortable. I might name this stagflation gentle.”

Struggle crimes cooperation

The Worldwide Legal Court docket (ICC) and 45 nations additionally pledged stronger cooperation on prosecuting warfare crimes perpetrated by Russia in Ukraine on Thursday.

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The dedication, made on the Ukraine Accountability convention within the Hague got here as a residential space within the centre of Ukraine was hit on Thursday with heavy shelling killing 20 individuals together with a child in a stroller.

Addressing members, Ukrainian President Volodymyr Zelenskyy urged the ICC to arrange a warfare crimes tribunal.

The court docket’s Chief Prosecutor Karim Khan mentioned the worldwide justice system have to be put into motion.

“As we converse youngsters, girls, and the younger and the previous live in terror. Grieving about what they misplaced yesterday, holding their breath about what they might lose at this time, or what tomorrow can convey,” Khan mentioned on Thursday.

“At a time like this the legislation can’t be a spectator; the legislation can not recline in consolation in The Hague or anyplace else for that matter when it is meant to guard or uphold sure rules which can be important for humanity.”

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Khan added that there’s a “want of an overarching technique” as totally different nations and courts look to research and prosecute warfare crimes in Ukraine.

Rule of legislation returns

Hungary was again within the highlight this week too.

The European Fee referred it to the EU’s Court docket of Justice over two circumstances regarding freedom of speech that, after multiple 12 months, stay unresolved.

It marks a brand new chapter within the standoff between Brussels and Budapest over basic democratic values.

The primary case pertains to the extremely controversial Youngsters Safety Act, a legislation whose said goal is to safeguard youngsters’s well-being and struggle paedophilia.

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Brussels argued the legislation violates a sequence of EU legislation rules, together with human dignity, freedom of expression and knowledge, the precise to non-public life and the precise to knowledge safety, in addition to single market guidelines on audio-visual companies and e-commerce.

Budapest mentioned the act didn’t discriminate towards any specific group and was solely centered on the safety of kids.

The second case pertains to Klubrádió, an unbiased, liberal-leaning radio station whose information and discussions had been usually essential of the federal government. It was thought of one of many few remaining opposition media shops within the nation.

Klubrádió was pressured off the airwaves after the nationwide authorities refused to increase its broadcasting licence “on extremely questionable grounds” and now operates on-line.

The Fee thought of the licence refusal had been “disproportionate” and “non-transparent,” and opened authorized motion in June 2021.

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“By its conduct, Hungary has additionally violated the liberty of speech as enshrined within the Constitution of Elementary Rights of the EU,” the manager mentioned.

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South Korea plane's final moments captured on video before hitting concrete barrier, triggering explosion

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South Korea plane's final moments captured on video before hitting concrete barrier, triggering explosion

The moment a Jeju Air flight skidded off a runway before crashing into a concrete barrier and bursting into flames at an airport in South Korea was caught on camera.

The crash on Sunday killed 179 people on board. Only two survived, a man and a woman who were both crew members. 

Footage aired by South Korean television channels showed the plane skidding — and apparently without its landing gear deployed. The jet overran the runway and hit a barrier, triggering a fiery explosion. Footage showed thick plumes of smoke billowing from the plane, which was engulfed in flames. 

The plane involved was a 15-year-old Boeing 737-800 passenger jet. It was arriving from Bangkok when the crash happened at 9:03 a.m. local time near the town of Muan, which is about 180 miles south of Seoul. 

PLANE VEERS OFF AIRPORT RUNWAY IN SOUTH KOREA AND CRASHES, KILLING 179: REPORTS

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Firefighters and rescue team members work near the wreckage of a passenger plane at Muan International Airport in Muan, South Korea, Sunday, Dec. 29, 2024. (AP Photo/Ahn Young-joon)

Kyle Bailey, former a FAA safety team representative in the U.S., told Fox News that it appeared to him that the aircraft was traveling too fast as it skidded on the runway before striking what he believed was a structure that housed instrument landing equipment.

“I think that’s pretty much what spelled disaster for that airplane,” he said.

Flight data and cockpit voice recorders of the plane’s black box have been retrieved by workers. They will be examined by government experts investigating the cause of the crash and fire, Senior Transport Ministry official Joo Jong-wan said.

RUSSIA BEING BLAMED FOR AZERBAIJAN AIRLINES PLANE THAT CRASHED HUNDREDS OF MILES OFF COURSE, KILLING DOZENS

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South Korea plane crash passenger body carried

Rescue team carry the body of a passenger at the site of a plane fire at Muan International Airport in Muan, South Korea, Sunday, Dec. 29, 2024. (AP Photo/Ahn Young-joon)

While it will likely take months to determine the cause of the crash, Lee Jeong-hyeon, chief of the Muan fire station, said workers were looking into various possibilities, including whether the aircraft was struck by birds.

President Biden issued a statement about the crash on Sunday, offering assistance from the U.S., if necessary.

KAZAKHSTAN PLANE CRASH SURVIVORS SAY THEY HEARD BANGS BEFORE AIRCRAFT WENT DOWN; PUTIN ISSUES STATEMENT

South Korea plane crash tail closeup

Firefighters and rescue team members work at Muan International Airport in Muan, South Korea, Sunday, Dec. 29, 2024.  (Cho Nam-soo/Yonhap via AP)

“Jill and I are deeply saddened to learn of the loss of life that occurred as a result of the Jeju Airlines accident in Muan, Republic of Korea,” Biden said. “As close allies, the American people share deep bonds of friendship with the South Korean people and our thoughts and prayers are with those impacted by this tragedy. The United States stands ready to provide any necessary assistance.”

Transport Ministry officials said the airport control tower had issued a bird strike warning to the plane shortly before it intended to land and had given its pilot permission to land in a different area.

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The plane was destroyed with the tail assembly being the only recognizable part among the wreckage, the fire chief told a televised briefing.

Fox News’ Sarah Rumpf-Whitten, Chris Pandolfo and The Associated Press contributed to this report. 

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Seven stories that shaped the Americas in 2024, beyond Trump’s return

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Seven stories that shaped the Americas in 2024, beyond Trump’s return

The presidential election in the United States has dominated global headlines for much of the past year.

From opinion polls to rallies and the barbs traded on the campaign trail, all eyes were turned to the showdown between Democrat Kamala Harris and Republican Donald Trump on November 5.

Since Trump’s decisive victory, much of the world has shifted its focus to analysing what the former US president has planned for his second term in office, set to begin in January.

But 2024 has not only been about Trump and American politics.

The past year saw a slew of critical developments in countries around the world, from Israel’s deadly bombardment of the Gaza Strip to the devastating war in Sudan and the recent ouster of Syrian President Bashar al-Assad.

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In the Americas region, 2024 was marked by changing political landscapes, crackdowns on dissent, deadly violence and the effects of a worsening climate crisis.

Here’s a look at seven stories that shaped the Americas this year.

Venezuela’s disputed election

Mass protests broke out in Venezuela after longtime President Nicolas Maduro was declared the winner of a third term in the country’s July 28 presidential election.

With the government refusing to release the usual voting tallies, the opposition published its own documents that it said proved Maduro had claimed victory through fraud.

Public anger at the results spilled into the streets for weeks after the race was called. Police fired tear gas and rubber bullets to disperse thousands of demonstrators in the capital, Caracas, and other cities.

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Human Rights Watch reported that at least 23 protesters or bystanders, as well as one National Guard member, were killed in the government crackdown. Thousands of Venezuelans also were arrested.

Maduro blamed the protests on his political opponents and foreign powers, accusing them of seeking to destabilise the South American country. He has promised to release full vote tallies but has yet to do so.

In early September, a Venezuelan judge issued an arrest warrant for opposition presidential candidate Edmundo Gonzalez, who had gone into hiding following the vote. Gonzalez has since fled to Spain, where he requested political asylum.

“We are witnessing an intensification of the state’s repressive machinery in response to what it perceives as critical views, opposition or dissent,” Marta Valinas, chair of a United Nations fact-finding mission on Venezuela, said in a report on September 17.

Protesters in Maracaibo, Venezuela, carry Venezuela’s flag in the wake of the country’s contested election on July 30 [Isaac Urrutia/Reuters]

Haiti gang violence soars

Over the past 12 months, Haiti has experienced a deepening political, security and humanitarian crisis as authorities struggle to stem a wave of deadly gang violence.

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In late February, the situation deteriorated when powerful armed groups launched coordinated attacks on prisons and other state institutions in the capital, Port-au-Prince. The gang leaders demanded the resignation of unelected Prime Minister Ariel Henry.

Henry stepped down in March, and a transitional presidential council was formed with the goal of leading Haiti’s political transition and organising elections. The council then named an interim prime minister, Garry Conille, in May.

But the violence continued across Port-au-Prince, forcing tens of thousands of Haitians to flee their homes in search of safety. Access to adequate food, healthcare and other services was severely restricted, and reports of massacres, rape and other violence were frequent.

The deployment of a UN-backed, Kenyan-led police mission has done little to halt the gangs, which are now believed to control about 85 percent of the Haitian capital. Observers say the deployment is understaffed and lacks resources.

Meanwhile, political infighting between the transitional presidential council and Conille’s interim government led to the prime minister’s ouster in November. An interim prime minister, Alix Didier Fils-Aime, was appointed in his stead.

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Brazilian police say Bolsonaro involved in coup attempt

In November, police in Brazil announced bombshell allegations against former far-right President Jair Bolsonaro.

The case centres on an alleged conspiracy to overturn Bolsonaro’s narrow defeat in the 2022 election.

Police accused Bolsonaro of taking part in a failed scheme aimed at preventing his left-wing rival, current President Luiz Inacio Lula da Silva, from taking office following their closely fought race in 2022.

They said in a statement that Bolsonaro and 36 other people, including some of the ex-president’s aides and former government ministers, had planned the “violent overthrow of the democratic state”.

Bolsonaro, a former Brazilian army captain who served as president from 2019 to 2022, has denied any wrongdoing and said he is the victim of a political witch hunt. He has promised to mount a legal “fight” in his defence.

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Jair Bolsonaro
Jair Bolsonaro has denied any wrongdoing and promised to launch a legal ‘fight’ to defend his reputation [File: Adriano Machado/Reuters]

Sinaloa violence surges after cartel boss’s arrest

It was a big year in Mexican politics, as the country held the largest election in its history and Claudia Sheinbaum became its first female president.

But the election was also one of Mexico’s bloodiest – in part because of the influence of the country’s prominent drug-smuggling cartels.

One state where the violence continues to rage is Sinaloa, in the northwestern part of the country. There, rivals within the Sinaloa Cartel have been battling to fill the power vacuum left after co-founder Ismael “El Mayo” Zambada Garcia’s arrest.

US authorities detained Zambada on July 25 along with Joaquin Guzman Lopez, one of the sons of another co-founder of the cartel, Joaquin “El Chapo” Guzman.

Zambada has said he was kidnapped and taken against his will to the US, where he pleaded not guilty to a slew of criminal charges, including murder and drug trafficking.

The deteriorating situation in Sinaloa has posed one of the first major challenges to Sheinbaum since she took office in early October, succeeding her mentor and fellow Morena Party leader Andres Manuel Lopez Obrador.

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Jacobo Quintero, a restaurant owner in Culiacan, the state capital, told Al Jazeera in September that the city had been brought to a standstill as residents were afraid to leave their homes amid the violence.

“We’ve got about 15 percent of our usual customers,” he said. “People don’t want to come out because there are risks. They’re scared.”

Energy crises hit Ecuador, Cuba

Ecuador, which has long grappled with a surge in violence linked to drug trafficking, faced another dangerous threat this year: the effects of climate change.

A regional drought worsened by the El Nino weather phenomenon forced Colombia to cut off electricity exports to the country in April, spurring a crisis for Ecuadorian President Daniel Noboa.

The situation further deteriorated as record wildfires broke out near the capital, Quito, as well as in other parts of the country. In November, Ecuador declared a 60-day state of emergency to help mobilise funds to respond to the blazes.

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The drought — widely viewed as the worst to hit Ecuador in decades — has hampered water levels at the hydroelectric dams that power much of the country. The authorities have ordered hours-long daily power cuts as they urge residents to conserve electricity.

A similar crisis has unfolded in Cuba, where authorities have imposed rolling daily blackouts in an effort to shore up dwindling supplies of electricity on the Caribbean island.

Cuba’s national power grid collapsed several times in 2024, leading to a number of nationwide blackouts over several weeks between October and early December.

The country’s power plants are ageing, and the Cuban authorities have struggled to get enough oil to keep them running amid shrinking imports from Russia, Venezuela and Mexico.

Powerful storms also knocked out the grid in October and November as they lashed Cuba with strong winds and storm surges.

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Canada accuses Indian agents of being involved in Sikh activist’s killing

A simmering diplomat row between Canada and India reignited in October when Canadian officials said they had evidence showing Indian government agents took part in activities that threatened Canadian national security.

The federal Royal Canadian Mounted Police said it had found evidence Indian agents participated “in serious criminal activity in Canada”, with links “to homicides and violent acts” and interference in democratic processes, among other things.

Ties between Ottawa and New Delhi soured in 2023 after Prime Minister Justin Trudeau said Canada was investigating possible ties between India and the killing of a prominent Canadian Sikh separatist leader, Hardeep Singh Nijjar.

The allegations sent shockwaves across the country and spurred an angry response from New Delhi, which rejected them outright.

After the latest accusations were made public in October, Canada ordered the expulsion of six Indian diplomatic and consular staff. Foreign Affairs Minister Melanie Joly said the individuals were considered “persons of interest” in Nijjar’s case.

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In a tit-for-tat move, the Indian government also ordered six Canadian consular staff to leave.

India’s Ministry of External Affairs vehemently rejected Canada’s allegations, saying in a statement that “on the pretext of an investigation, there is a deliberate strategy of smearing India for political gains”.

Argentina’s poverty rate soars

Poverty has soared in Argentina over the past year as far-right President Javier Milei — sworn in at the end of 2023 — pursued his libertarian economic agenda and slashed government programmes.

“This is very hard. Before, we had a home. We had access to subsidies. But [the government] suddenly took everything away,” Marianela Abasto, 24, recently told Al Jazeera at a soup kitchen in the capital, Buenos Aires. “I don’t know what we are going to do.”

Milei’s hardline reforms have drawn major protests nationally, with thousands taking to the streets in June over planned austerity measures.

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Yet despite the pushback, the Argentinian president has retained his supporters, and he continues to be held up as a success symbol for the global far right.

Argentine President Javier Milei gestures after delivering a speech during the Americas Society/Council of the Americas conference in Buenos Aires on August 14, 2024 [Juan MABROMATA / AFP]
Javier Milei, a far-right libertarian, has slashed government spending and imposed austerity measures [File: Juan Mabromata/AFP]
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Oatis, Reuters Americas desk editor, is retiring – Talking Biz News

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Oatis, Reuters Americas desk editor, is retiring – Talking Biz News

Friends and colleagues,

As many of you know, I’m retiring. Dec. 28 will be my final day of work after 34 years here, 10 years with the Associated Press, and time at the Greenville (South Carolina) News and a community weekly in coastal Maine.

I’ve had a lot of fun — learning something new nearly every day, crafting the occasionally clever headline and, most of all, working with some of the smartest, wittiest, nicest people in the business. I believe journalism is indeed the first rough draft of history, and that good stories can effect change, which has made the work meaningful as well as enjoyable.

I turned 70 last April and considered retiring then. But I began covering or editing presidential campaign stories in 1980, and I couldn’t resist working on one last White House run. It was well worth it.

For me, Reuters represented not one job, but a series of gigs with the same employer. In my early days as a general and political news desker, I learned to write in British English as well as American English. After the desk moved to Washington in the mid-90s, I worked on the Reuters Business Report, getting an education in business and financial journalism. (I also started a five-year adjunct professorship at Columbia’s j-school.)

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After a stint as the first in-house editor of Reuters’ online internet and technology reports, I landed one of my best posts: working on the News2Web editorial system project in London from 2000-2004. My family and I spent four wonderful years in Britain, making lifelong friends and exploring Europe. I followed that up with a yearlong posting in Bengalaru running a global economic polling team, where we forged more friendships and experienced a fascinating culture.

Since returning to the States in 2006, I’ve mostly desked but there’ve been other jobs, including deputy Top News editor, Front Page editor, Reuters.com online editor and Legal News desk editor.

The list of people I could recognize for their support and friendship over the years is long, and I’d probably inadvertently leave someone out, so I’ll shout out just two people: my father, 47-year AP veteran, Cold War press hero, U.N. correspondent and role model William Oatis, whom I occasionally accompanied into the U.N. bureau on weekends starting around age 12 (He’d put me to work ripping and sorting wire copy), and the late Keith Leighty, who was my boss at RBR and became one of my closest friends.

As for those I haven’t named, you know who you are. Thanks for everything and stay in touch.

I’d be remiss in not recognizing the good work of the NewsGuild and my fellow NewsGuild members to ensure we get paid fairly and enjoy decent working conditions. And, to this day, I truly believe the union’s efforts ultimately benefit the company.

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Allbest,
Jonathan

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