South Korea’s Moon calls for ‘bold decisions’ ahead of Kim summit

North Korea’s leader Kim Jong Un (C) gestures as he meets with US President Donald Trump (R) at the start of their historic US-North Korea summit, at the Capella Hotel on Sentosa island in Singapore. (File/AFP)
Updated 11 September 2018
Follow

South Korea’s Moon calls for ‘bold decisions’ ahead of Kim summit

  • President Moon Jae-in’s comments come days before he’s to meet with North Korean leader Kim Jong Un for the third time this year
  • Moon said Kim and Trump must think broadly and “make bold decisions” to move the diplomacy forward

SEOUL, South Korea: South Korea’s president on Tuesday urged both North Korea and the United States to “make bold decisions” to break a deepening diplomatic impasse over the North’s nuclear ambitions, saying he’ll continue to act as mediator.
President Moon Jae-in’s comments come days before he’s to meet with North Korean leader Kim Jong Un for the third time this year to discuss how to achieve denuclearization and peace on the Korean Peninsula. Moon said the summit must lead to another “big step” toward denuclearization.
The talks come at a crucial moment in the overall diplomacy, which is currently stuck amid recriminations between Washington and Pyongyang on how to follow through on vows made at a summit in June between Kim and President Donald Trump to rid the North of its nuclear weapons.
During a Cabinet meeting Tuesday, Moon said Kim and Trump must think broadly and “make bold decisions” to move the diplomacy forward and get North Korea to dismantle its nuclear arsenal.
“North Korea must carry out its nuclear dismantling and the United States must take a corresponding step,” Moon said. “Under such a process, the two countries must pull back their deep-rooted mutual distrust caused by their 70 years of hostile relations.”
North Korea has dismantled its nuclear and rocket engine testing sites, but US officials have demanded more serious steps. Kim has reportedly said that his efforts must be reciprocated by corresponding US measures such as a joint declaration to end the 1950-53 Korean War.
Moon said South Korea has no choice but to mediate between the two countries to promote dialogue, saying both Trump and Kim have asked him to play such a role. He wants “genuine talks” between Washington and Pyongyang to resume soon.
During a visit to Seoul on Tuesday, Steve Biegun, the new US special envoy on North Korea, stressed the need to maintain nuclear diplomacy.
“We have some hard work to do. But we also have tremendous opportunity created by President Trump, by President Moon and by Chairman Kim. We need to do everything we can to make the most of this moment of opportunity,“ Biegun said at the start of his meeting with South Korean nuclear envoy Lee Do-hoon.
South Korean officials said Kim recently told them that he remains committed to a nuclear-free Korean Peninsula and said he still has faith in Trump. The White House said Monday that Trump received a request from Kim to schedule a second meeting between them to follow up on their June summit and that planning is in motion to make it happen.
But it’s unclear whether deadlocked nuclear diplomacy will be resolved anytime soon. During his earlier summits with Trump and Moon, Kim made vague disarmament pledges without revealing a detailed road map or timetable for his denuclearization process.
The Koreas will hold military talks on Thursday and are pushing to open a liaison office at a North Korean border city on Friday, Seoul officials said, as part of cooperation efforts between the rivals ahead of the summit. 
Thursday’s military talks will deal with issues to ease tensions along their border, such as disarming a jointly controlled area at Panmunjom, removing front-line guard posts and conducting joint searches for soldiers missing from the Korean War, according to South Korea’s Defense Ministry.
When Kim met South Korean envoys last week, the sides agreed to try to find ways to build up mutual trust and prevent armed clashes between their militaries, according to South Korean officials.


Turkiye’s Erdogan to discuss Ukraine war with NATO chief

Updated 4 sec ago
Follow

Turkiye’s Erdogan to discuss Ukraine war with NATO chief

ANKARA: Turkish President Tayyip Erdogan will discuss the latest developments in the Russia-Ukraine war with NATO Secretary General Mark Rutte on Monday during his visit to Ankara, a Turkish official said on Sunday.
Russia struck Ukraine with a new hypersonic medium-range ballistic missile on Thursday in response to Kyiv’s use of US and British missiles against Russia, marking an escalation in the war that began when Moscow launched a full-scale invasion of its neighbor in February 2022.
NATO member Turkiye, which has condemned the Russian invasion, says it supports Ukraine’s territorial integrity and it has provided Kyiv with military support.
But Turkiye, a Black Sea neighbor of both Russia and Ukraine, also opposes Western sanctions against Moscow, with which it shares important defense, energy and tourism ties.
On Wednesday, Erdogan opposed a US decision to allow Ukraine to use long-range missiles to attack inside Russia, saying it would further inflame the conflict, according to a readout shared by his office.
Moscow says that by giving the green light for Ukraine to fire Western missiles deep inside Russia, the US and its allies are entering into direct conflict with Russia. On Tuesday, Putin approved policy changes that lowered the threshold for Russia to use nuclear weapons in response to an attack with conventional weapons.
During their talks on Monday, Erdogan and Rutte will also discuss the removal of defense procurement obstacles between NATO allies and the military alliance’s joint fight against terrorism, the Turkish official said.


Blasts heard in Ukraine’s Kyiv, witnesses report

Updated 1 min 4 sec ago
Follow

Blasts heard in Ukraine’s Kyiv, witnesses report

KYIV: Explosions were heard early on Sunday in Kyiv, Reuters’ witnesses and local media in the Ukrainian capital reported.
The blasts sounded like air defense units in operation, Reuters’ witnesses reported. There was no immediate official comment from Ukraine’s military. Kyiv and its surrounding region and most of northeast Ukraine were under air raid alerts, starting at around 0100 GMT.

Meanwhile, Russia’s air defense systems destroyed 34 Ukrainian drones overnight, including 27 over the Kursk region bordering Ukraine, Russia’s defense ministry said in a post on its Telegram messaging app on Sunday.
The ministry, in its post, did not mention an earlier statement by the Kursk governor that air defense units had destroyed two “Ukrainian missiles” overnight over the region. 


Developing nations slam ‘paltry’ $300 billion climate deal

Updated 17 min 49 sec ago
Follow

Developing nations slam ‘paltry’ $300 billion climate deal

  • Developing countries say finance pact “optical illusion” and “lack of goodwill” from rich countries amid heated negotiations
  • Agreement commits developed nations to pay at least $300 billion a year by 2035 to help developing countries green their economies

BAKU: The world approved a bitterly negotiated climate deal Sunday but poorer nations most at the mercy of worsening disasters dismissed a $300 billion a year pledge from wealthy historic polluters as insultingly low.
After two exhausting weeks of chaotic bargaining and sleepless nights, nearly 200 nations banged through the contentious finance pact in the early hours in a sports stadium in Azerbaijan.
But the applause had barely subsided when India delivered a full-throated rejection of the “abysmally poor” deal, kicking off a firestorm of criticism from across the developing world.
“It’s a paltry sum,” thundered India’s delegate Chandni Raina.
“This document is little more than an optical illusion. This, in our opinion, will not address the enormity of the challenge we all face.”
Sierra Leone’s climate minister Jiwoh Abdulai said it showed a “lack of goodwill” from rich countries to stand by the world’s poorest as they confront rising seas and harsher droughts.
Nigeria’s envoy Nkiruka Maduekwe put it more bluntly: “This is an insult.”
Some countries had accused Azerbaijan, an oil and gas exporter, of lacking the will to meet the moment in a year defined by costly disasters and on track to become the hottest on record.
But at protests throughout COP29, developed nations — major economies like the European Union, United States and Japan — were accused of negotiating in bad faith, making a fair deal impossible.
Developing nations arrived in the Caspian Sea city of Baku hoping to secure a massive financial boost from rich countries many times above their existing pledge of $100 billion a year.
Tina Stege, climate envoy for the Marshall Islands, said she would return home with only “small portion” of what she fought for, but not empty-handed.
“It isn’t nearly enough, but it’s a start,” said Stege, whose atoll nation homeland faces an existential threat from creeping sea levels.
Nations had struggled at COP29 to reconcile long-standing divisions over how much developed nations most accountable for historic climate change should provide to poorer countries least responsible but most impacted by Earth’s rapid warming.
UN climate chief Simon Stiell acknowledged the final deal was imperfect and said “no country got everything they wanted.”
“This is no time for victory laps,” he said.
UN Secretary-General Antonio Guterres said he had “hoped for a more ambitious outcome” and appealed to governments to see it as a starting point.
Developed countries only put the $300 billion figure on the table on Saturday after COP29 went into extra time and diplomats worked through the night to improve an earlier spurned offer.
Bleary-eyed diplomats, huddled anxiously in groups, were still polishing the final phrasing on the plenary floor in the dying hours before the deal passed.
UK Energy Secretary Ed Miliband hailed “a critical eleventh hour deal at the eleventh hour for the climate.”
At points, the talks appeared on the brink of collapse.
Delegates stormed out of meetings, fired shots across the bow, and threatened to walk away from the negotiating table should rich nations not cough up more cash.
In the end — despite repeating that “no deal is better than a bad deal” — developing nations did not stand in the way of an agreement.
US President Joe Biden cast the agreement reached in Baku as a “historic outcome.”
EU climate envoy Wopke Hoekstra said it would be remembered as “the start of a new era for climate finance.”
The agreement commits developed nations to pay at least $300 billion a year by 2035 to help developing countries green their economies, cut emissions and prepare for worse disasters.
It falls short of the $390 billion that economists commissioned by the United Nations had deemed a fair share contribution by developed nations.
“This COP has been a disaster for the developing world,” said Mohamed Adow, the Kenyan director of Power Shift Africa, a think tank.
“It’s a betrayal of both people and planet, by wealthy countries who claim to take climate change seriously.”
The United States and EU pushed to have newly wealthy emerging economies like China — the world’s largest emitter — chip in.
Wealthy nations said it was politically unrealistic to expect more in direct government funding at a time of geopolitical uncertainty and economic belt-tightening.
Donald Trump, a skeptic of both climate change and foreign assistance, was elected just days before COP29 began and his victory cast a pall over the UN talks.
Other countries, particularly in the EU — the largest contributor of climate finance — saw right-wing backlashes against the green agenda, not fertile conditions for raising big sums of public money.
The final deal “encourages” developing countries to make contributions on a voluntary basis, reflecting no change for China, which already provides climate finance on its own terms.
The deal also posits a larger overall target of $1.3 trillion per year to cope with rising temperatures and disasters, but most would come from private sources.


Mounting economic costs of India’s killer smog

Updated 24 November 2024
Follow

Mounting economic costs of India’s killer smog

  • India’s capital New Delhi frequently ranks among the world’s most polluted cities
  • One study estimate India’s economic losses due to worsening air pollution at $95 billion yearly

 

NEW DELHI: Noxious smog smothering the plains of north India is not only choking the lungs of residents and killing millions, but also slowing the country’s economic growth.
India’s capital New Delhi frequently ranks among the world’s most polluted cities. Each winter, vehicle and factory emissions couple with farm fires from surrounding states to blanket the city in a dystopian haze.
Acrid smog this month contains more than 50 times the World Health Organization recommended limit of fine particulate matter — dangerous cancer-causing microparticles known as PM2.5 pollutants, that enter the bloodstream through the lungs.
Experts say India’s worsening air pollution is having a ruinous impact on its economy — with one study estimating losses to the tune of $95 billion annually, or roughly three percent of the country’s GDP.
The true extent of the economic price India is paying could be even greater.
“The externality costs are huge and you can’t assign a value to it,” said Vibhuti Garg, of the Institute for Energy Economics and Financial Analysis.
Bhargav Krishna of the Delhi-based research collective Sustainable Futures Collaborative said “costs add up in every phase.”
“From missing a day at work to developing chronic illness, the health costs associated with that, to premature death and the impact that has on the family of the person,” Krishna told AFP.

A school teacher conducts an online class near a basketball court at Swami Sivananda Memorial Institute in New Delhi on Nov. 22, 2024. (AFP)


Still, several studies have tried to quantify the damage.
One by the global consultancy firm Dalberg concluded that in 2019, air pollution cost Indian businesses $95 billion due to “reduced productivity, work absences and premature death.”
The amount is nearly three percent of India’s budget, and roughly twice its annual public health expenditure.
“India lost 3.8 billion working days in 2019, costing $44 billion to air pollution caused by deaths,” according to the study which calculated that toxic air “contributes to 18 percent of all deaths in India.”
Pollution has also had a debilitating impact on the consumer economy because of direct health-related eventualities, the study said, reducing footfall and causing annual losses of $22 billion.
The numbers are even more staggering for Delhi, the epicenter of the crisis, with the capital province losing as much as six percent of its GDP annually to air pollution.
Restaurateur Sandeep Anand Goyle called the smog a “health and wealth hazard.”
“People who are health conscious avoid stepping out so we suffer,” said Goyle, who heads the Delhi chapter of the National Restaurant Association of India.
Tourism has also been impacted, as the smog season coincides with the period when foreigners traditionally visit northern India — too hot for many during the blisteringly hot summers.
“The smog is giving a bad name to India’s image,” said Rajiv Mehra of the Indian Association of Tour Operators.
Delhi faces an average 275 days of unhealthy air a year, according to monitors.

Piecemeal initiatives by the government — that critics call half-hearted — have failed to adequately address the problem.
Academic research indicates that its detrimental impact on the Indian economy is adding up.
A 2023 World Bank paper said that air pollution’s “micro-level” impacts on the economy translate to “macro-level effects that can be observed in year-to-year changes in GDP.”
The paper estimates that India’s GDP would have been 4.5 percent higher at the end of 2023, had the country managed to curb pollution by half in the previous 25 years.
Another study published in the Lancet health journal on the direct health impacts of air pollution in 2019 estimated an annual GDP deceleration of 1.36 percent due to “lost output from premature deaths and morbidity.”
Desperate emergency curbs — such as shuttering schools to reduce traffic emissions as well as banning construction — come with their own economic costs.
“Stopping work for weeks on end every winter makes our schedules go awry, and we end up overshooting budgets,” said Sanjeev Bansal, the chairman of the Delhi unit of the Builders Association of India.
Pollution’s impact on the Indian economy is likely to get worse if action is not taken.
With India’s median age expected to rise to 32 by 2030, the Dalberg study predicts that “susceptibility to air pollution will increase, as will the impact on mortality.”
 


Biden praises COP29 deal, vows US action despite Trump

Updated 24 November 2024
Follow

Biden praises COP29 deal, vows US action despite Trump

  • Biden hailed the goal as “ambitious,” though poorer nations quickly decried it as inadequate
  • As agreed, developed nations will pay at least $300 billion a year by 2035 to help developing countries green their economies and prepare for worse disasters

WASHINGTON: US President Joe Biden praised the COP29 deal Saturday as a “significant step” to fighting global warming, and pledged continued action by America despite his incoming successor Donald Trump’s climate skepticism.
“While there is still substantial work ahead of us to achieve our climate goals, today’s outcome puts us one significant step closer,” Biden said in a statement.
After two exhausting weeks of negotiations in Azerbaijan, the pact hammered out commits developed nations to pay at least $300 billion a year by 2035 to help developing countries green their economies and prepare for worse disasters.
Biden hailed the goal as “ambitious,” though poorer nations quickly decried it as inadequate.
The Baku meeting kicked off shortly after Trump won a new term in the White House, potentially setting the stage for him to undo actions by Biden’s administration.
Biden, who leaves office on January 20, said he was “confident” the United States “will continue this work: through our states and cities, our businesses, and our citizens, supported by durable legislation like the Inflation Reduction Act.”
“While some may seek to deny or delay the clean energy revolution that’s underway in America and around the world, nobody can reverse it — nobody.”