Category : Globalization

(NYT front page) Omicron Prompts Swift Reconsideration of Boosters Among Scientists

As recently as last week, many public health experts were fiercely opposed to the Biden administration’s campaign to roll out booster shots of the coronavirus vaccines to all American adults. There was little scientific evidence to support extra doses for most people, the researchers said.

The Omicron variant has changed all that.

Scientists do not yet know with any certainty whether the virus is easier to spread or less vulnerable to the body’s immune response. But with dozens of new mutations, the variant seems likely to evade the protection from vaccines to some significant degree.

Booster shots clearly raise antibody levels, strengthening the body’s defenses against infection, and may help offset whatever advantages Omicron has gained through evolution.

Many of the experts who were opposed to boosters now believe that the shots may offer the best defense against the new variant. The extra doses may slow the spread, at least, buying time for vaccine makers to develop an Omicron-specific formulation, if needed.

Read it all.

Posted in Anthropology, Globalization, Health & Medicine, Science & Technology

(C of E) ‘Virus knows no national boundaries’–The Bishop of Durham calls for vaccine equity

Asking a question in the House of Lords, Bishop Paul Butler said the omicron variant showed that the virus “knows no national boundaries.”

He said: “In the light of the new omicron variant that has dominated the news over the weekend, my colleague Archbishop Thabo Makgoba of Cape Town urged those of us in rich countries to do better at narrowing inequality of vaccination rates, which are 7% in Africa and 70% in Europe.

“We must acknowledge that this virus knows no national boundaries and will spread, mutate and return to us in the way that we are seeing, so we need a global approach, not simply a bilateral approach.

Read it all.

Posted in Anthropology, Church of England (CoE), CoE Bishops, Ethics / Moral Theology, Foreign Relations, Globalization, Health & Medicine, Politics in General, Religion & Culture, Science & Technology, South Africa

([From 2020] RethinkX) Rethinking Humanity

We are on the cusp of the fastest, deepest, most consequential transformation of human civilization in history, a transformation every bit as significant as the move from foraging to cities and agriculture 10,000 years ago.

During the 2020s, key technologies will converge to completely disrupt the five foundational sectors that underpin the global economy, and with them every major industry in the world today. The knock-on effects for society will be as profound as the extraordinary possibilities that emerge.

In information, energy, food, transportation, and materials, costs will fall by 10x or more, while production processes an order of magnitude (10x) more efficient will use 90% fewer natural resources with 10x-100x less waste. The prevailing production system will shift away from a model of centralized extraction and the breakdown of scarce resources that requires vast physical scale and reach, to a model of localized creation from limitless, ubiquitous building blocks – a world built not on coal, oil, steel, livestock, and concrete but on photons, electrons, DNA, molecules and (q)bits. Product design and development will be performed collaboratively over information networks while physical production and distribution will be fulfilled locally. As a result, geographic advantage will be eliminated as every city or region becomes self-sufficient. This new creation-based production system, which will be built on technologies we are already using today, will be far more equitable, robust, and resilient than any we have ever seen. We have the opportunity to move from a world of extraction to one of creation, a world of scarcity to one of plenitude, a world of inequity and predatory competition to one of shared prosperity and collaboration.

This is not, then, another Industrial Revolution, but a far more fundamental shift. This is the beginning of the third age of humankind – the Age of Freedom.

Read it all.

Posted in * Culture-Watch, Anthropology, Globalization, History, Science & Technology

(Telegraph) Ambrose Evans-Pritchard–A benign omicron may be the answer to our economic prayers

Goldman Sachs has gamed four omicron outcomes: “severe downside”, “downside”, “false alarm”, and a surprise “upside”. These scenarios have starkly different implications for asset prices and macroeconomic policy over the next year. Get it wrong at your cost.

You can already see this tension playing out in wild moves on global bourses, or in oil prices, with each snippet of fresh information.

Markets have taken a fresh beating this morning on warnings from Moderna that it is “not going to be good” for the existing vaccines. But if the disease is indeed milder, a slippage in antibody protection levels may not matter, and we still have T-cell memory as the next line of defence.

For the sake of argument – as a Gedankenexperiment – I assume that the benign picture from South Africa holds up over the winter and that we will land at the optimistic end of the Goldman spectrum.

Read it all.

Posted in Economy, Globalization, Health & Medicine, Science & Technology, Stock Market

(Science) ‘Patience is crucial’: Why we won’t know for weeks how dangerous Omicron is

At 7.30 a.m. on Wednesday, Kristian Andersen, an infectious disease researcher at Scripps Research in San Diego, received a message on Slack: “This variant is completely insane.” Andrew Rambaut of the University of Edinburgh was reacting to a new SARS-CoV-2 genome sequence found in three samples collected in Botswana on 11 November and one picked up a week later in a traveler from South Africa to Hong Kong.

Andersen looked at the data and then replied: “Holy shit—that is quite something. The length of that branch…” A few minutes later he added: “Just had a look at the list of mutations—so nuts.”

They were talking about what is now called Omicron, a new variant of concern, and the long branch Andersen noticed refers to its distance to every other known virus on SARS-CoV-2’s evolutionary tree. The variant seemed to have picked up dozens of mutations, many of them known to be important in evading immunity or increasing transmissibility, with no intermediate sequences in the database of millions of viral genomes. On Tuesday, after spotting the odd sequences in a global database, Tom Peacock, a virologist at Imperial College London, had already posted his own verdict on GitHub: “This could be of real concern.”

Now, once again, the world is watching as researchers work nights and weekends to learn what a new variant has in store for humanity. Is Omicron more infectious? More deadly? Is it better at re-infecting recovered people? How well does it evade vaccine-induced immunity? And where did it come from? Finding out will take time, warns Jeremy Farrar, the head of the Wellcome Trust: “I’m afraid patience is crucial.”

Read it all.

Posted in Globalization, Health & Medicine, Science & Technology

(NYT) New Virus Variant Stokes Concern but Vaccines Still Likely to Work

For now, there’s no evidence that Omicron causes more severe disease than previous variants. And it’s also not clear yet how quickly Omicron can spread from person to person.

Some earlier variants, such as Beta and Mu, had evolved a strong ability to evade immune defenses. But they never became a serious threat to the world because they proved to be poor at transmitting.

Some mutations in Omicron suggest that it may indeed transmit well. Three mutations alter a region of the spike protein called the furin cleavage site, which is already known to help the spike protein attach more effectively to cells.

But Dr. Hanage said he was not yet convinced by the South African data that Omicron was running rampant across the country. “I think it’s too early to be definitive,” he said.

Read it all.

Posted in Globalization, Health & Medicine, Science & Technology, South Africa

Amarnath Amarasingam reviews Jytte Klausen’s new book “Western Jihadism” (OUP)

As the Cold War came to an end, political scientists began to debate what the new paradigm in global conflict might look like. Perhaps the most notorious theory was proposed by Samuel Huntington in The Clash of Civilizations (1996) – “the fault lines between civilizations will be the battle lines of the future” – in which he singled out Islam as likely to be particularly problematic; Huntington further expounded this argument in Who Are We? (2004), in which he argued that, in many non-Muslim societies, Muslim minorities are proving to be “indigestible”.

Jytte Klausen’s The Islamic Challenge (2005) was in many ways a direct riposte to Huntington. The book, based on interviews with Muslim parliamentarians, educators, lawyers and businesspeople, pushed back on the notion that there is a uniform “Muslim” approach to integration in the West. Klausen discovered something “shocking”: Muslims are basically like everybody else. They want to educate their children, make a decent living and find ways to live a religious life of their choosing. Critics of her book didn’t see it that way, however, and pointed out that Klausen was ignoring a significant subset of the Muslim population in the West that was committed to terrorist violence.

The quest to answer these critics turned out to be a long one. As she writes in her new book, Western Jihadism: A thirty-year history, it took “fifteen years and the work of eighty students”, each of whom scoured court records, media reports and martyrdom biographies released by terrorist groups themselves, to amass a dataset containing 5,832 men and 561 women who have acted on behalf of al-Qaeda or Islamic State in some manner. The book – which has revelatory individual chapters on the life of Osama bin Laden, the first World Trade Center bombing, 9/11, the Boston Marathon bombing and the rise of ISIS – argues that the “Western branch” of the jihadist movement is driven by a coalescence of the “strategic objectives of Osama bin Laden and the global movement he spearheaded” and the desire of some young Muslims to take part in a transnational and revolutionary social movement, to be part of a historical moment, and to have their lives imbued with purpose.

Read it all.

Posted in Books, Globalization, History, Terrorism

‘We must now keep up the moral pressure so that pledges are urgently turned into measurable action’: Bishops respond to COP26

Graham Usher, the Bishop of Norwich and the Church of England’s lead bishop for the environment, and Olivia Graham, the Bishop of Reading, have spoken at the conclusion of COP.

In a statement they said: “At COP we called for keeping global warming to below 1.5 degrees, ending fossil fuel subsidies, and securing finance for the world’s most vulnerable people who are already effected by climate breakdown.

“Progress was made in all these areas, plus cutting methane emissions and halting deforestation. We were particularly inspired to hear powerful testimonies from young people and representatives of indigenous peoples.

“We pay tribute to the work of Alok Sharma MP, the COP26 President, and his team.

“Negotiations always have some compromises and disappointments. These impact the world’s economically poorest the most. We must now keep up the moral pressure so that pledges are urgently turned into measurable action….

Read it all.

Posted in Church of England (CoE), CoE Bishops, Ecology, Energy, Natural Resources, Ethics / Moral Theology, Globalization, Science & Technology, Stewardship

(Guardian) Cop26: world on track for disastrous heating of more than 2.4C, says key report

The world is on track for disastrous levels of global heating far in excess of the limits in the Paris climate agreement, despite a flurry of carbon-cutting pledges from governments at the UN Cop26 summit.

Temperature rises will top 2.4C by the end of this century, based on the short-term goals countries have set out, according to research published in Glasgow on Tuesday.

That would far exceed the 2C upper limit the Paris accord said the world needed to stay “well below”, and the much safer 1.5C limit aimed for at the Cop26 talks.

At that level, widespread extreme weather – sea-level rises, drought, floods, heatwaves and fiercer storms – would cause devastation across the globe.

Read it all.

Posted in Climate Change, Weather, Corporations/Corporate Life, Ecology, Energy, Natural Resources, Ethics / Moral Theology, Globalization, Politics in General, Science & Technology

(PoliticsHome) Archbishop Justin Welby–The only way forward is in partnership

“Do not be afraid,” is one of the most common commands in the Bible. God’s not saying there isn’t anything to be afraid of; it’s an invitation to move beyond fear into faith, hope and action. We are rightly fearful of climate change. It is the biggest threat we face; ignored, it will become our fate.

Governments might be tempted to think “TDI” – which, when I was in the oil industry, meant “too difficult, ignore”. Individuals or organisations might feel paralysed, too small and hopeless to make a difference. This fear is dispersed in the light of knowing that we may all feel overwhelmed by the challenge, but together a new way forward, one in which each of us is indispensable, is possible.

The only way forward is in partnership. Earlier this year, Pope Francis, Ecumenical Patriarch Bartholomew and I issued a joint statement for the first time ever between those holding these three offices, urging people to come together and “choose life” (Deuteronomy 30:19) in obedience to God’s command – for the planet and for future generations.

In Rome, after agreement with scientists, leaders of faiths comprising about 70 per cent of the world’s population presented a declaration calling for bold action at COP26 to its president, Alok Sharma. Churches, businesses, communities, individuals, and governments all need to work together for our reconciliation with the creation given by God. Young people, women and people from indigenous and minority backgrounds need to be included and heard, especially in the most vulnerable parts of the world. In many places the threat is today, not in the future.

Read it all.

Posted in --Justin Welby, Archbishop of Canterbury, Ecology, Globalization, Politics in General, Religion & Culture

(NYT) ISIS Poses a Growing Threat to New Taliban Government in Afghanistan

Aref Mohammad’s war against the Islamic State ended earlier this fall when his unit of Taliban fighters was ambushed by the terrorist group in eastern Afghanistan. A bullet shattered his femur, leaving him disabled and barely able to walk, never mind fight.

But for the Taliban movement he served under, now the government of Afghanistan, the war against the Islamic State was just beginning.

“If we knew where they were from, we would pursue them and destroy them,” Mr. Mohammed, 19, said from his hospital bed in Jalalabad, the capital of Afghanistan’s eastern Nangarhar Province where the Islamic State has maintained a presence since 2015.

In the two months since the Taliban took control of the country, the Islamic State affiliate in Afghanistan — known as Islamic State Khorasan or ISIS-K — has stepped up attacks across the country, straining the new and untested government and raising alarm bells in the West about the potential resurgence of a group that could eventually pose an international threat.

Read it all.

Posted in Afghanistan, America/U.S.A., Foreign Relations, Globalization, Military / Armed Forces, Politics in General, Terrorism, War in Afghanistan

(WSJ) Terror Groups in Afghanistan Could Be Ready to Attack West in 6 Months, U.S. Says

The Islamic State in Afghanistan could be able to launch attacks on the West and its allies within as soon as six months, and al Qaeda could do so within two years, a top Pentagon official told lawmakers on Tuesday.

The testimony by Colin Kahl, undersecretary of defense for policy, before the Senate Armed Services Committee, diverged from an earlier Biden administration view that al Qaeda had been “degraded” in Afghanistan.

Mr. Kahl said the U.S. is fairly certain that both terror groups “have the intention to” launch such attacks.

“We could see ISIS-K generate that capability in somewhere between six or 12 months, according to current assessments” by the intelligence community, Mr. Kahl said, using an acronym referring to Islamic State’s branch in Afghanistan. “And for al Qaeda, it would take a year or two to reconstitute that capability. We have to remain vigilant against that possibility.”

Mr. Kahl’s testimony offered a more detailed assessment of militant capabilities than was provided by Army Gen. Mark Milley, the chairman of the Joint Chiefs of Staff, who told the same committee on Sept. 28 that terror groups generally could pose a threat between six and 36 months.

Read it all.

Posted in Afghanistan, Foreign Relations, Globalization, Politics in General, Terrorism, War in Afghanistan

The National Intelligence Estimate on Climate Change presents its Perspective heading into COP26

Key Judgment 1: Geopolitical tensions are likely to grow as countries increasingly argue about how to accelerate the reductions in net greenhouse gas emissions that will be needed to meet the Paris Agreement goals. Debate will center on who bears more responsibility to act and to pay—and how quickly—and countries will compete to control resources and dominate new technologies needed for the clean energy transition. Most countries will face difficult economic choices and probably will count on technological breakthroughs to rapidly reduce their net emissions later. China and India will play critical roles in determining the trajectory of temperature rise.

Key Judgment 2: The increasing physical effects of climate change are likely to exacerbate cross-border geopolitical flash-points as states take steps to secure their interests. The reduction in sea ice already is amplifying strategic competition in the Arctic over access to its natural resources. Elsewhere, as temperatures rise and more extreme effects manifest, there is a growing risk of conflict over water and migration, particularly after 2030, and an increasing chance that countries will unilaterally test and deploy large-scale solar geo-engineering—creating a new area of disputes.

Key Judgment 3: Scientific forecasts indicate that intensifying physical effects of climate change out to 2040 and beyond will be most acutely felt in developing countries, which we assess are also the least able to adapt to such changes. These physical effects will increase the potential for instability and possibly internal conflict in these countries, in some cases creating additional demands on US diplomatic, economic, humanitarian, and military resources. Despite geographic and financial resource advantages, the United States and partners face costly challenges that will become more difficult to manage without concerted effort to reduce emissions and cap warming.

Read it all.

Posted in * Economics, Politics, Anthropology, Ecology, Economy, Energy, Natural Resources, Ethics / Moral Theology, Foreign Relations, Globalization, Politics in General, Science & Technology

(WSJ) Writer Liu Cixin On How His Visions Of The Future Collide With Reality

What is the biggest technological shift we’ll see in the future?

It’s definitely going to be artificial intelligence. I don’t think AI will overtake humans in the short term, but it will have a profound impact on society. Recently, I stayed at a hotel near Beijing, and I didn’t encounter a single human worker during my stay. From checking in to ordering takeout, there wasn’t a single human interaction, everything was done on apps and with AI-powered bots.

This is more and more common in China. I used to think that AI would displace simple and repetitive jobs, but now I think the opposite: It will replace more “senior” positions like doctors, lawyers, teachers and stock analysts. On the other hand, it’s the jobs that are more labor intensive that will be harder to replace. I renovated my house recently, and needed an electrician to rewire the entire living room. I really can’t see a situation where AI can replace that kind of a job in the short term.

But AI’s effect on people will be sweeping, and an issue we will have to grapple with in the very near future. We’re past the agricultural and industrial age and firmly stepped into the era of AI.

Read it all.

Posted in Books, China, Globalization, Poetry & Literature, Science & Technology

(Independent) From Chris Packham to the Archbishop of Canterbury, 7 people on what COP26 actually needs to achieve

“COP26 will bring leaders together from all around the world: my prayer is that this will be a microcosm of the leadership through partnership that is so urgently needed if we want to make real progress towards our climate goals.

“Climate change is an issue of justice and responsibility – we will need to persuade people to make harder choices that focus not just on financial return but social good, generating mutually beneficial results for people and planet.

“We need genuine agreement churches, business, communities and governments all need to work together against the common enemy of climate change and environmental and biodiversity degradation.

Read it all.

Posted in --Justin Welby, Archbishop of Canterbury, Church of England (CoE), Ecology, Energy, Natural Resources, Ethics / Moral Theology, Globalization, Religion & Culture, Science & Technology, Stewardship

(NYT) ‘It’s Not Sustainable’: What America’s Port Crisis Looks Like Up Close

Like toy blocks hurled from the heavens, nearly 80,000 shipping containers are stacked in various configurations at the Port of Savannah — 50 percent more than usual.

The steel boxes are waiting for ships to carry them to their final destination, or for trucks to haul them to warehouses that are themselves stuffed to the rafters. Some 700 containers have been left at the port, on the banks of the Savannah River, by their owners for a month or more.

“They’re not coming to get their freight,” complained Griff Lynch, the executive director of the Georgia Ports Authority. “We’ve never had the yard as full as this.”

As he speaks, another vessel glides silently toward an open berth — the 1,207-foot-long Yang Ming Witness, its decks jammed with containers full of clothing, shoes, electronics and other stuff made in factories in Asia. Towering cranes soon pluck the thousands of boxes off the ship — more cargo that must be stashed somewhere.

Read it all.

Posted in * Economics, Politics, Corporations/Corporate Life, Globalization

(CC) Philip Jenkins reviews five new books about the lives and faith of Christians around the world

Based on years of experience as a pastor in the Christian Reformed Church, Wayne Ten Harmsel presents a fascinating study of The Registered Church in China: Flourishing in a Challenging Environment (Pickwick). As conditions for Christians become harsher in that country and official pressures toward Sinicization become more aggressive, the word challenging sounds ever more like a euphemism.

The greatest contribution of Ten Harmsel’s crisp and sympathetic study is to give readers a sense of the ordinary realities of lived faith in those churches. Outsiders might be tempted to dismiss the church leaders and members as compromisers, or even sellouts, but they are nothing of the sort. Much like the “border” people Hanciles describes, these people are struggling constantly to balance two competing identities: that of a loyal Chinese citizen, subject to the control of a one-party state, and that of a Christian who has no earthly commonwealth. These believers walk a delicate path as they try to live Christian lives without compromising their faith.

Let me conclude with an introduction. Over the past quarter century, plenty of authors have offered broad surveys of the rapidly changing state of global Christianity, and some have been impressive. One new work that really stands out for its scope and accessibility is World Christianity and the Unfinished Task: A Very Short Introduction (Cascade) by F. Lionel Young III. This book does an excellent job of compression, while at the same time succeeding fully in sketching recent trends and identifying pressing issues. Part of that success lies in Young’s ability to incorporate personal observations and stories, and so effectively.

Read it all.

Posted in Books, Globalization, Religion & Culture

(Washington Post) U.N. weather agency says world ill-prepared for ‘looming water crisis’

Most countries are ill-equipped to handle what the United Nations said Tuesday is a “looming” global water crisis caused by climate change and population growth.

Floods, droughts and other water-related disasters are on the rise due to global warming, the World Meteorological Organization said in a new report published Tuesday.

At the same time, swelling populations and dwindling resources around the globe have led to increased water scarcity in multiple regions, the U.N. agency said.

“But management, monitoring, forecasting and early warnings are fragmented and inadequate,” said the report, which included input from more than 20 global development agencies and scientific institutions.

“We need to wake up to the looming water crisis,” said WMO Secretary General Petteri Taalas.

Read it all.

Posted in Ecology, Energy, Natural Resources, Ethics / Moral Theology, Globalization

(NYT) ‘Everything Going the Wrong Way’: Dollar Stores Hit a Pandemic Downturn

But dollar stores are not as well equipped for the surreal economy of today, when workers like Ms. Beadling are quitting in protest and a single coronavirus case on a container ship can cause a two-month delay in getting Chinese-made merchandise to the United States.

“This is another case of the pandemic laying bare the underlying vulnerabilities in how we’ve set up our economy,” said Stacy Mitchell, co-director of the Institute for Local Self-Reliance, an advocacy group that is critical of many large corporate retailers.

While just about every retailer is dealing with shipping and distribution problems, the dollar stores may have difficulty passing on the increased costs to price-sensitive customers.

Dollar Tree said it expected as much as $200 million in additional freight costs this year.

Read it all.

Posted in Consumer/consumer spending, Corporations/Corporate Life, Economy, Globalization, Health & Medicine

A Prayer to Begin the Day from the 1894 Missionary Conference

Almighty Saviour, who didst call thy servant Saint Paul to be an apostle to the Gentiles: We beseech thee to illumine the world with the radiance of the gospel of thy grace committed to his trust, that all nations may worship thee and acknowledge thee to be the Lord; who art with the Father and the Holy Spirit one God, world without end.

Posted in Globalization, Spirituality/Prayer

(Church Times) Move to online worship a loss, not a gain, say universities’ researchers

A “deep-seated dissatisfaction” with online worship during the Covid-19 pandemic has been identified by new research published this week.

The key finding of the report British Ritual Innovation under Covid-19, the result of a year-long joint project by the University of Chester and Manchester Metropolitan University, is that, “by almost every metric, the experience of pandemic rituals have been worse than those that came before them. They are perceived as less meaningful, less communal, less spiritual, less effective, and so on.”

The report, published on Wednesday, concludes: “Our research has revealed both considerable innovation in, and deep-seated dissatisfaction with, digital worship during the pandemic. There have been important positive developments and adaptations which will strengthen British religious life in the long term, but for most people, the move to online ritual has been one of loss, not gain.

“Rituals — regular weekly worship, funerals, baptisms, festival celebrations, and the like — have been exceptionally difficult for most participants and leaders during the pandemic.”

Read it all.

Posted in Church of England (CoE), Globalization, Liturgy, Music, Worship, Parish Ministry, Religion & Culture, Science & Technology

(BBC) How climate change is making inequality worse, especially for children

Children born in high-income countries will experience twice as many extreme climate events as their grandparents, new research suggests.

But for children in low-income countries, it will be worse. They will see three times as many, say researchers at the University of Brussels.

Watch it all (a little over 4 1/2 minutes).

Posted in Children, Climate Change, Weather, Ecology, Globalization

C of E Bishops join calls for emergency G7 meeting to tackle vaccine ‘hoarding’

The Bishops of the Church of England are backing calls for the leaders of the world’s richest countries to halt the “hoarding” of COVID-19 vaccines while billions of people around the world have yet to be jabbed.

Members of the College of Bishops, which is meeting in Oxford, voted unanimously to endorse a statement by two Anglican Communion bodies which demands an emergency meeting of the G7 to commit to vaccine equity.

It warns that potentially millions of vaccines stockpiled by wealthy countries could go to waste after passing their effective “use by” date rather than be shared with those in urgent need.

Earlier this year G7 leaders meeting in Cornwall promised to donate more than one billion doses of vaccine but it is estimated that less than 15 per cent of these have so far materialised.

Read it all.

Posted in Church of England (CoE), CoE Bishops, Ethics / Moral Theology, Foreign Relations, Globalization, Health & Medicine, Politics in General, Stewardship

(Bloomberg) The Global Housing Market Is Broken, and It’s Dividing Entire Countries

Soaring property prices are forcing people all over the world to abandon all hope of owning a home. The fallout is shaking governments of all political persuasions.

It’s a phenomenon given wings by the pandemic. And it’s not just buyers — rents are also soaring in many cities. The upshot is the perennial issue of housing costs has become one of acute housing inequality, and an entire generation is at risk of being left behind.

“We’re witnessing sections of society being shut out of parts of our city because they can no longer afford apartments,” Berlin Mayor Michael Mueller says. “That’s the case in London, in Paris, in Rome, and now unfortunately increasingly in Berlin.”

Read it all.

Posted in Anthropology, Economy, Ethics / Moral Theology, Globalization, Housing/Real Estate Market, Personal Finance & Investing, Politics in General

(DW) UN: Pandemic did not slow advance of climate change

The UN released a report on Thursday warning that the COVID-19 pandemic has not slowed the pace of climate change.

Virus-related economic slowdown and lockdowns caused only a temporary downturn in CO2 emissions last year, the World Meteorological Organization (WMO) said.

“There was some thinking that the COVID lockdowns would have had a positive impact on the atmosphere, which is not the case,” WMO Secretary-General Petteri Taalas said at a news briefing.

The United in Science 2021 report, which gathers the latest scientific data and findings related to climate change, said global fossil-fuel CO2 emissions between January and July in the power and industry sectors were already back to the same level or higher than in the same period in 2019, before the pandemic.

Read it all.

Posted in Corporations/Corporate Life, Ecology, Energy, Natural Resources, Ethics / Moral Theology, Globalization, Politics in General, Science & Technology

(Bloomberg) What the Next Six Months of the Pandemic May Bring

“The end process is not going to be uniform,” Charters said. The pandemic “is a biological phenomenon, but it’s also a political and social phenomenon.”

“Even now we have different approaches to it.”

It’s likely to be messy, leaving a lasting legacy for years to come. Until then, most of us will need to brace for many more months in the pandemic’s grip.

“We have to approach it with our eyes wide open and with a great deal of humility,”…[Michael Osterholm, director of the Center for Infectious Disease Research and Policy at the University of Minnesota in Minneapolis,] said. “Anybody that thinks we’re going to be over this in the next few days or a few months is sorely mistaken.”

Read it all.

Posted in Globalization, Health & Medicine

(FT) Climate change risks triggering catastrophic earthquakes and tsunamis, scientist Bill McGuire warns

The world is underestimating the geological consequences of global warming, which could trigger catastrophic earthquakes and tsunamis as the melting of ice sheets reduces the weight on the crust below and unleashes intense seismic activity, a leading earth scientist has warned.

The biggest threat in the north Atlantic comes from the thinning of Greenland’s ice cap, Bill McGuire, professor of earth sciences at University College London, told the British Science Festival in the UK town of Chelmsford on Thursday. Within decades, that could spark huge submarine earthquakes off the coast of Greenland, causing tsunamis with disastrous consequences for North America and probably Europe, he said.

A possible precedent was the “great Storegga tsunami” that devastated the coasts of Scandinavia and the British Isles 8,200 years ago. An offshore earthquake, triggered by the release of pressure after northern Europe’s ice sheets had melted, set off a vast landslide of submarine sediments under the Norwegian Sea. Geological evidence shows the resulting tsunami wave reached 15 to 20 metres high in the Shetland islands and 3 to 6 metres high further down the North Sea.

“As the Greenland ice cap melts, the uplift in the crust is going to trigger earthquakes,” said McGuire. “We don’t know enough about the sediments off the Greenland coast to predict confidently what might happen there, but it is certainly possible that within decades there could be a tsunami right across the north Atlantic.”

Read it all.

Posted in Climate Change, Weather, Energy, Natural Resources, Ethics / Moral Theology, Globalization, Science & Technology

(WSJ) Walter Russell Mead–Identity Politics Goes Global: Multi-ethnic states from South Africa to Central Asia are starting to come apart

Identity wars and conflicts based on differences in ethnicity, culture, language or religion are, once ignited, the most powerful forces in human affairs. And these forces persist in nations of all levels of development. Having witnessed Brexit and heard calls for Catalan independence, we shouldn’t be surprised that African peoples also want to exit distant and dysfunctional multi-ethnic unions to control their own affairs.

Syria, Yemen, Iraq and Lebanon are ripping themselves apart across ethnic or confessional divides. Separatist movements among the Arab, Kurdish, Azeri and Balochi minorities haunt the slumbers of Iranian mullahs. From the western Balkans through Turkey and the Caucasus to the “stans” of Central Asia, ethnic and religious divides are worrying governments and challenging the status quo.

The revisionist nationalism of Vladimir Putin’s Russia, India’s turn toward Hindu nationalism, and China’s increasingly xenophobic Han nationalism show that identity politics is returning to center stage even in large states. The eurocrats of Brussels are also struggling to contain populist nationalist opposition to European Union edicts. Many Americans wonder whether a common U.S. identity is strong enough to contain the forces that threaten to splinter the country permanently into hostile racial, religious and ideological camps.

Alongside the return of great power competition, the eruption of identity politics is the single most consequential political feature of our time. This fateful combination does not bode well.

Read it all.

Posted in Anthropology, Ethics / Moral Theology, Foreign Relations, Globalization, History, Politics in General, Psychology

(NYT) Big Tech Has Outgrown This Planet

The already bonkers dollars of Big Tech have become even bonkers-er.

My colleagues and I have written a lot about the unreal sales, profits and oomph of America’s five technology titans — Apple, Microsoft, Google, Amazon and Facebook. This might feel like old news. Tech’s Titanic 5 have been big and rich for a long time, and they’ve gotten even more so as people and organizations have needed their products during the coronavirus pandemic. Yadda, yadda, yadda. We get it.

But no, we really don’t get it. American’s technology superstars have launched into a completely different stratosphere than even other wildly successful companies in tech and beyond.

Read it all.

Posted in --Social Networking, Blogging & the Internet, Corporations/Corporate Life, Ethics / Moral Theology, Globalization, Science & Technology

(C of E) Alan Smith announced as next First Church Estates Commissioner

Alan Smith, Senior Advisor – ESG (Environmental, Social and Governance) Risk and Inclusion, and former Global Head of Risk Strategy at HSBC, is to be the next First Church Estates Commissioner, Downing Street announced today. Alan has also been a Church Commissioner since 2018.
The First Church Estates Commissioner chairs the Church Commissioners’ Assets Committee, a statutory committee responsible for the strategic management of the Church Commissioners’ £9.2 billion investment portfolio.

The Archbishop of Canterbury, Justin Welby, Chair of the Commissioners’ Board of Governors, said: “I am delighted that Alan has chosen to use his skills and experience to serve the Church and greatly look forward to working with him. Climate change is the most urgent challenge we face, and Alan’s knowledge of environmental issues and risk management will be critically important for the Commissioners’ work. I’d also like to thank Loretta Minghella for her hard work and leadership during her time at the Church Commissioners.”

The Archbishop of York, Stephen Cottrell, said: “We are pleased that Alan will succeed Loretta. Alan’s experience as a Commissioner and his role on the Commissioners’ Audit & Risk Committee means he’s extremely well suited for this leadership role.”

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