Monthly Archives: May 2022

Angus Taylor says Liberal Party must focus on core values after federal election loss – ABC News

Posted: May 25, 2022 at 3:55 am

Outgoing minister Angus Taylor has called on the Liberal Party to return to its core valuesafter its heavy defeat in the federal election.

The election loss has cost Mr Taylor the energy and emissions reduction portfolio, which he has held since 2018.

But hewill remain in parliament after retaining the NSW seat of Hume, according to the latest ABC projections.

"It is critical now for the Liberal party to regroup and refocus on our core values,"Mr Taylor said.

"We must recognise who we represent and that in a time of great economic challenge, core liberal values have much to offer."

"More than ever, we need to focus on careful management of the economy and taxpayer money [and]leave behind heavy-handed interventions that hamper our hardworking businesses and workers and our economic recovery."

Mr Taylor won the seat of Hume for the fourth time despite a challenge from Labor and independent candidates.

Before the election Hume was considered one of the safest Liberal seats in the country, held with a margin of 13 per cent.

With 78 per cent of the vote counted, that margin is estimated to have slipped to 7.6 per cent.

The former frontbencher suffered a 10 per cent first-preference swing against him in his expansive electorate, which covers an area from the suburbs of south-west Sydney to the NSW Southern Tablelands.

Mr Taylor said there wouldbe a lot of focus on the shift to "left-wing independents" but said parts of the country had shifted to conservative parties.

"We also need to recognise the fragmentation of the primary votes of the major parties across the nation," he said.

"Labor has gained government legitimately with a 32 per centprimary vote which is unprecedented, while we saw strong support for smaller conservative parties in the suburbs and the bush."

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Among his challengers was first-time independent Penny Ackery, a Goulburn resident campaigning for a federal Independent Commission Against Corruption and increasing emissions reduction targets.

"I am really not sure exactly what he means by this, we saw this in a rural area where he lost his margin which was very large," Ms Ackery said.

"Iknow there are places where the Liberals have completely lost out."

The man behind funding for the successfulTeal independents, Simon Holmes aCourt, was at Ms Ackery's campaign launch in Goulburn last year.

The retired schoolteacher declined his offer to back her campaign through the Climate 200 fund.

"Accepting funding when it was a matter of integrity that I was really campaigning on, we felt that was not going to go down well, we decided against that," she said.

"We have no regrets about that."

Ms Ackery said ultimately it was difficult to compare the success of the inner-city independents with those challenging for rural seats.

"The actual demographics are different," she said.

"We have very rural areas down here as well as the outer suburbs of Sydney, so it is a very different electorate in regards to the issues we are dealing with.

"But they are all Australians, they are all having difficulties and they have concerns about things like integrityand about making sure we have a renewable economy into the future, it doesn't matter where you live, these things matter."

Mr Taylor said despite his role change he wouldremain focused on delivering the local projects included in the federal budget.

"It is now my job to make sure the government delivers on what we need the new airport and local jobs, the Picton bypass, a Goulburn Medicare-funded MRI and a host of other road and communications projects, in addition to delivering on cost of living commitments."

"These are all budgeted, and I will make sure you all know if the new government decides to change direction."

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Posted23 May 202223 May 2022Mon 23 May 2022 at 9:23am, updated23 May 202223 May 2022Mon 23 May 2022 at 10:50pm

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Angus Taylor says Liberal Party must focus on core values after federal election loss - ABC News

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Conrad Black: Poilievre has a real chance to break the Liberal status quo and that has his enemies trembling – National Post

Posted: at 3:55 am

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To the extent that Poilievre threatens some change to the comfortable Liberal status quo built on durable advantages in Quebec and urban Ontario, Poilievre renders the political establishment uneasy

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There is naturally increasing pressure on Pierre Poilievre as the apparent front-runner in the federal Conservative leadership race, and as has been mentioned here before, the drearily predictable method of attempting to derail the leading candidate is the malicious insinuation of a harsh and Darwinian character, embellished by innuendos of racial biases. Some of the discussion about Poilievres declared intent to fire the governor of the Bank of Canada has essentially been cited as evidence of Poilievres supposedly callous disregard for normal human civility.

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Allegations of racism, however subtle, against almost any current prominent federal politician in any party are nonsense. Last week I received a form letter from an unverifiable sender, likely sent to a wide range of addressees, claiming that Poilievres alleged non-renunciation of the white replacement theory constituted evidence that he is a white supremacist. This is standard in these campaigns, but it is accentuated by the fact that Poilievre is approximately as conservative in policy terms as Stephen Harper and to the right of all other federal Conservative leaders since George Drew, who retired as party leader in 1956.

The frenzied hostility of much of the media to Poilievre has nothing to do with any humanitarian shortcomings they may profess to perceive; it reflects the fact that he is, if elected party leader, quite likely to move both his party and the country appreciably towards the centre of the political spectrum, or even slightly to the right of centre. The political establishment of Canada has been thoroughly addicted to a gelatinous soft-leftishness that permeates the political media, most public policy discussion, the entire public service and most conventional political wisdom in the country, to the point where it is, to say the least, monotonous. Poilievres professed respect for, and pursuit of, liberty frustrates them, as no one can attack liberty as a concept, and Poilievre is both sincere and agile in his defence of it.

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To the extent that Poilievre threatens some change to the comfortable Liberal status quo built on durable advantages in Quebec and urban Ontario, Poilievre renders the political establishment uneasy. And they respond in the only way they know by slinging muck at him, attempting to paint him as an extremist and an uncaring person. This is very tiresome and it is also somewhat imitative of the extraordinary decline in the quality of public discourse in the United States, where a horrifyingly incompetent administration is watching helplessly and with mounting terror over the likelihood, which is increasing every week, of a return to office by Donald Trump and his scores of millions of angry followers. We have reached no such extremity in this country, but we have swallowed wokeness whole, to the extent that almost anything short of white ethnic self-hatred is decried as racial intolerance.

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Because Poilievre could sell sensible conservatism and could win, he presents a plausible alternative to the Liberals and is thus anathema to those addicted to the present national political diet of soft left pablum. The changes in monetary policy that Poilievre seeks could be implemented without replacing the governor of the central bank. The desire to dismiss him does sound somewhat vindictive, as Canada has had a central bank for over 87 years and only one previous governor was forced out: James E. Coyne, who publicly criticized the Diefenbaker governments fiscal policy, and was falsely accused by Prime Minister John Diefenbaker of helping himself to an excessive pension ($25,000 annually). In this case, the problem is exclusively policy questions, and Poilievre is absolutely right that the money supply should not have been expanded as recklessly as it has been to facilitate the Trudeau governments profligate extravagance, but what he is really claiming is that he will fire Bank of Canada governor Tiff Macklem for failing to resign in protest at the Liberals fiscal and monetary policies. He could achieve just as much simply by ordering a change in policy, which, if elected, he will do anyway.

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Poilievre is right on policy Canadas economic performance is a disgrace. Former Conservative leader Erin OToole lost a great opportunity and failed in an important duty when he passively agreed with the entire catastrophic COVID shutdown program; it was a grievous self-inflicted economic wound and a prolonged and damaging interruption of the education of most of the countrys schoolchildren. During Prime Minister Justin Trudeaus time in office, average per capita GDP growth has been less than half the average of the Brian Mulroney, Jean Chrtien, Paul Martin and Stephen Harper years; and in the Justin Trudeau years, Canadian investment in foreign countries has exceeded foreign investment in Canada by about $400 billion. We are propelling ourselves over a cliff to second-rate status among the worlds nations.

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I want to use this opportunity to get off my chest a long-held fiscal bugbear. As we have embarked on yet another cycle of rising interest rates to fight inflation, we should only slightly raise interest rates and temporarily increase goods and services taxes on non-essential spending and abolish taxation on income and capital gains from savings and investments that are not short-term speculation. This would spare the vulnerable, especially those living in homes financed by floating-rate mortgages, from the ravages of high interest rates, but would incentivize a parallel reduction in demand and resulting relief of inflationary pressure. Almost all of the worlds important central bankers are afflicted by conformist group-think and an absence of imagination in addressing inflation-reduction and recession-avoidance.

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The Conservatives have quite a good group of leadership candidates and the exchanges between them have been reasonably dignified. Poilievres attack on Jean Charest as a liberal is fair comment, as Charest, over his long career (he was appointed interim leader of the Progressive Conservative party 27 years ago), has been at the radical centre between moderate conservatives and moderate liberals. It is unjust to hold against Jean Charest that he was the Liberal premier of Quebec for three terms, however. The Quebec Liberal Party, like the British Columbia Liberals, has effectively been a coalition between Liberals and Conservatives since the separatist Parti Qubecois surpassed the nationalist but anti-separatist Union Nationale in 1973. Federalism itself is in the midst of a trial: if the federal governments horrendous environmental assessment legislation, Bill C-69, is upheld by the Supreme Court of Canada, it will devalue the constitutional standing of the provinces within the federation and fully match the Government of Quebecs outrageous attempt, with federal compliance, in Bill 96, virtually to exterminate the English language in the province. If these two measures go fully into effect, Confederation will, in large measure, be a sham. The candidates should be focusing a good deal more upon this, and not side-shows about the central bank governor and red herrings about falsely imputed lapses of racially egalitarian zeal.

National Post

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Conrad Black: Poilievre has a real chance to break the Liberal status quo and that has his enemies trembling - National Post

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Liberals are too focused on themselves, says Constance, as Gilmore hangs in balance – Sydney Morning Herald

Posted: at 3:55 am

I just think its really, really close. It could go either way, she said. Im ecstatic to see the change in government. I know Gilmore is still in doubt, but an Albanese Labor government will bring in many of the policies that we need, particularly around affordable and social housing.

Local issues, including housing and healthcare, dominated the battle for Gilmore, and both candidates acknowledged that disaster mitigation was front of mind as the region recovered from the Black Summer bushfires and more recent floods.

Labor MP Fiona Phillips and party leader Anthony Albanese on the campaign trail in April.Credit:Alex Ellinghausen

More than 80 per cent of the vote had been counted by 6pm on Tuesday, with Constance leading by about a hundred votes.

More than 1000 postal votes were being counted in Port Kembla on Tuesday, though both Constance and Phillips said they were not expecting a clear result until next Friday.

Constance led Phillips 51,060 to 50,780 on Tuesday afternoon in figures from the Australian Electoral Commission.

Constance said a viable future for the Liberal Party depended on its members and elected officials better reflecting the Australian community.

Were a progressive country and people want change, thats what the vote was about for everybody, he said.

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The partys future depends on its ability to uphold community values, and you cant lose sight of that. It would be very easy to pour petrol on an internal argument, but theres no point, because thats not why we exist.

Phillips won Gilmore in 2019 with 52.6 per cent of the vote after the sitting Liberal member, Ann Sudmalis, retired.

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Liberals are too focused on themselves, says Constance, as Gilmore hangs in balance - Sydney Morning Herald

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Waving the Lion Flag – Groundviews

Posted: at 3:54 am

Photo courtesy of Anoma Wijewardene

The lion flag is waved for a historic first time on a mass scale in the Galle Face urban youth protest but the violent anti-protester attackers coming from Temple Trees also burnt those same lion flags. Meanwhile, there are instances in this anti-regime agitation when police checkpoints giving access to Fort from Galle Face refused to allow people to carry the national flag into the countrys centre of economy and power.

Is there an actual contest between power blocs over the use of the flag or is it a contest between forces within the Sinhala supremacist power bloc itself? Is this internal contest an explicit assertion of the social right of flag waving by the ethnically dominant citizenry?

Closer observation of the current flag waving indicates clearly that this anti-regime agitational usage is, principally and originally, the initiative of the protesting urban, ethnic Sinhala, cohort. They explicitly and proudly describe themselves as the vote bank of the Rajapaksas: the 6.9 million.

The modern Sri Lankan practice of public political protest and non-violent civic agitation is not known to extensively use the national flag either by design or spontaneously. The use of the lion flag by the urban youth protestors en masse in Galle Face is the very first time it seems to have happened, especially in post-colonial Sri Lanka. Until GotaGoGama (GGG), flag waving was largely the preserve of the state in various modes by state institutions at all levels at state functions, including military functions.

Two notable exceptions of civic social practice (as opposed to the state) are the hoisting of national flags in Sinhala-Buddhist weddings.

How often are national flags flown in any non-Sinhala-Buddhist formal social events? Probably never.

At the height of Mahinda Rajapaksas fame in politically leading the Thun Hela Lankan republics battle with the Thamil Eelam secessionists, Galle Face came to be dominated by a single giant lion flag flying at the top of a very tall flagpole jutting upward at the centre of the Greens sea front.

The supremacist narrative may be coming full circle: from the heady delusion of dominance to the carnage of economic collapse and political plunder. Those 6.9 million who wielded their ballot cards like lion flags in electing and sustaining the Rajapaksas in power had expected not just ethnic political supremacy but also a sustaining of their socio-economic prosperity (courtesy J.R. Jayewardenes costly economic liberalisation).

Rural society was the first to be hit by the colossal mismanagement and remains worst hit by far. The inability to budget for fertiliser imports was hidden under an elaborate pretence of upholding organic fertiliser, which may have temporarily appealed to the patriotic fantasies of the urban component of the 69 lakhs. But the non-supply of fertiliser has been economically and socially almost fatal to Lankan agriculture, both the export sector and the entire rural society, which comprises the bigger part of the 69 lakhs.

The lack of fertiliser has already severely reduced production and incomes in the agro-export as well as domestic food production sectors. The decline in exports also means loss of export markets. Reportedly Japan has drastically reduced future dependence on Lankan tea. This is just the tip of a deadly iceberg. The decline in food production means lower farmer income, high food costs all round and, creeping malnutrition if not famine. Ironically, the northern and southern insurgencies combined had not achieved so much economic upheaval.

Rural people, not just youth, have been frantically protesting at village level since the start of the fertiliser deprivation (ban on imports) almost a year ago. Although the news industry faithfully reported this rural protest on a daily basis for months, the urban component of the Pohottuwa vote bank, pre-occupied as they were with the heady fruits of ethnic hegemony and relative affluence, failed to either empathise with their rural counterparts or even foresee the impact of the financial crisis on their own lives.

The fuel, gas, electricity shortages and consequent transport, livelihood and communications disruption were what prompted urban society to react. Here too, numerically, the Sinhala-Buddhists dominate and their angry reactions convincingly present a seemingly consensual anti-regime configuration. But consensus is precisely what it is not.

GGG is both a media-facilitated impressionistic hyperbole (youth rebellion) as well as a hard political indicator of a considerable undermining of the Rajapaksa-led current political leadership of Sinhala supremacism.

This phenomenon of disenchantment of the Sinhala supremacist vote bank must, firstly, be noted for its lack of politically organised coordination between the rural cohort and its urban counterpart. There is no organised coordination because no new leadership has replaced the rejected Rajapaksas. The Sinhala farmers are spontaneously revolting in their impoverished desperation and lack political coordination even among themselves. The parallel Sinhala urban youth cohort has also spontaneously revolted but with some internal (inter urban, diaspora) coordination thanks to social media usage and also their greater affluence which enables sustained protest tactics like camps in city centres.

Secondly, both these rebelling Pohottuwa cohorts that now reject the Rajapaksas had combined previously in successive elections to summarily reject all other possible political leaderships on principally ideological grounds as not trustworthy of building and sustaining Sinhala supremacy.

Thirdly, these two parallel Rajapaksa constituency revolts are actually latecomers to an already ongoing substantive political resistance to the Rajapaksa-led imposition of a corrupt, authoritarian, ethno-supremacism. This political resistance, both in parliamentary opposition and outside, is articulated by the entirety of the rest of Lankan political formations: the more liberal Sinhala-led political forces (UNP, SLFP, SJB), Sinhala-led left political formations (JVP, FSP) and the bulk of the ethnic minority-led political forces.

The disenchantment with the Rajapaksas by the bulk of the Rajapaksa constituency should not be equated with a disenchantment with the fantasy of Sinhala supremacy. This is why, nearly a year after the Rajapaksa constituency revolt began, there is little indication of any major organised alliance between this Sinhala vote bank revolt and any of the rest of Lankan political formations.

That revolting Rajapaksa vote bank remains ideologically alienated from these other forces which have been saying some (not all) of the same things for nearly two decades. The other Sinhala-led forces, both liberal and left, cannot be trusted to sustain the current, constitutionally affirmed and, politically protected and enhanced Sinhala ethnic hegemony. That is the meaning of the wild rejection of all 225 parliamentarians.

However, in the current fluid political environment, it remains to be seen how this need for a supremacist political spearhead might be modulated by an absence of such a spearhead. The currently emerging alliance between the besieged, yet numerically secure, Pohottuwa parliamentary group and the barely liberal, electorally discredited, remnant of the UNP embodied by its sole MP, Ranil Wickremesinghe, could be a first test for the rebellious Pohottuwa vote bank. Repelled by this new alliance, will the ex-Pohottuwa vote bank opt for a less ultra-nationalist leadership which might come forward from any other Sinhala-led formation?

Theyll call me Freedom, just like a waving flag goes the song Wavin Flag by US Rapper Knaan that became a global hit in 2009. The song is about how the dominant forces in society get the masses to wave the flag but after enthusiastically waving the flag (and dying for it), those same masses find that their freedom is restricted to flag waving and dying. They remain socio-economically oppressed. The song graphically describes that continuing oppression: violent prone, poor people zone and, So we struggling, fighting to eat. Will this soon happen here?

As this writer learned after visits to the GGG campsite and conversations with these young formerly Pohottuwa protestors, this constituency is amazingly nave having being shielded from minority ethnic agitation by the counter insurgency victory, as well as not knowing a social past of deprivation and intensive economic class struggles. Thus, they have little idea of the degree of ethnic oppression and alienation of the ethnic minorities from the electoral mainstream. And their urban affluence kept them distant from rural economic struggles and previous semi urban protests.

This ethno-centric urban youth protest is characterised by their own political-cultural exclusivity, even isolation. Their affluent interactions with global culture and with the diaspora inspired them to use the lion flag as the expressive symbol of their patriotic anti-Rajapaksa revolt. So we have lion flag waving en masse initiated by the rebellious Pohottuwa urban youth. To these flag wavers, Lanka is a Sinhala world after all.

In fact, in this appropriation of the state ensign for their own spontaneous flaunting as opposed to exclusive, formal, state usage, these angry Pohottuwa protestors are deliberately exercising their Sinhala sovereignty over state and presidency as the true constituents of the republic. Lion flag-sellers are having a field day at Galle Face these days, in place of the kite-sellers. Small groups of ethnic minority citizens visiting Galle Face have wisely borne lion flags. Remember that the Green has been the sole evening promenade available to generations of central Colombo dwellers, the majority of whom are Muslim and Thamil.

The non-coordination between the Pohottuwa rebellion and the rest of the anti-Rajapaksa-SLPP political opposition betrays the divergence in motivation and long term political goals. The Pohottuwa rebels remain within that 69 lakhs Sinhala supremacist movement. They proudly proclaim their 69 lakhs identity the very identity explicitly and proudly described by President Gotabaya Rajapaksa as exclusively Sinhala-Buddhist from his very first presidential address onwards. Even today, it is that same bloc vote that he uses as the excuse for remaining in office.

The ethnic minority political leaderships have no illusions whatsoever about the continuity of supremacist power. Neither do the parallel Sinhala-led political parties both liberal and left. Especially the Sinhala-led formations are busy mingling with the GGG and other urban protest centres elsewhere in order to milk whatever political leverage possible. In their GGG mingling they are extremely polite and avoid claiming any ideological or political convergence other than the economic crisis and plunder issues. Established parliamentary opposition politicians are studiously distant from the Green.

Those liberal citizens hoping for greater ethnic harmony are romanticising the so-called youth protest movement as being multicultural simply because they see some multi-ethnic mixing of protesters within their own social class circles. It is crucial that even small elements of such spontaneous cultural blending be encouraged as valuable reversals of the ethnic warfare incited these past decades. Certainly, in the greater urban ethnic mixture, there is some inter-ethnic solidarity over the common gas-fuel-electricity shortage.

A comment by a popular Sinhala TV channel news anchor made soon after the emergency was imposed for the second time is noteworthy. He echoed the popular expression that the emergency and curfews were intended to suppress the protests over the fuel-gas-electricity shortage. Once these essential supplies are brought to normalcy, then the government was free to impose emergency for any other purposes, he argued. The implied logic was that the emergency could be used to suppress other agitations by minorities? Unions? He did not say. Evidently, the issue for him was the current deprivations felt by the large protesting Pohottuwa constituency and not so much the spectrum of democratic rights. It was as if this TV personality had forgotten the decades of abuse of emergency powers to suppress the whole gamut of public agitation and dissent.

There is now a sizeable chunk of the Lankan electorate that is up for grabs, not by anyone, though. Much calculating is on by various Sinhala political leaderships ultra nationalist, liberal, left as to how at least portions of the 69 lakhs could be lured over. Some opposition personalities will calculate how much Sinhala supremacist discourse they must adopt to do the luring. The Pohottuwa political leadership itself, with its Viyath Maga business-intelligentsia support group, must also be exploring personality combinations that might pick up where the Rajapaksas left off.

The weakest elements of the now disenchanted Pohottuwa constituency are the farmer society (not the agri-business corporates) and the poorest semi-urban working class, both sectors being the worst hit by the economic crisis. Unlike the urban middle and upper classes, their deprivation is not merely utilities and services shortages. Their very livelihoods are directly threatened.

Will this existential threat be enough for these most subaltern of Sinhala sectors to move beyond ethnic supremacy/security compulsions and toward political movements that offer new social and economic measures? Certainly, the JVP and smaller left groups are seeing lots of possibilities.

So are the anxiously watching foreign powers both in Delhi and in NATO-EU. From their point of view, Gotabaya Rajapaksa is better than any left options. These foreign powers are clearly unenthusiastic about the untested Sajith Premadasa and his fairly representative and balanced liberal coalition. From this foreign viewpoint Ranil Wickremesinghe, who served as premier in the far more repressive Ranasingha Premadasa regime, would be the safest bet. Is this why Wickremesinghe agreed to take the premiership under his political enemy?

Is this a marriage of secular right wing autocracy with racist supremacism? Fortunately, reassuringly, the most prominent characteristic of this new combination is their persistent record of incompetence and failure.

Civilised Lanka, both liberal and left, may have the last word after a breathing space to allow for re-grouping and expansion of mass mobilisation. The economy is not necessarily always priority number one as even the enlightened business leaderships will acknowledge.

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Waving the Lion Flag - Groundviews

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Special briefing: Lebanese elections reshape the political scene – Middle East Institute

Posted: at 3:54 am

Contents:

Paul SalemPresident

Election results show that voters dealt a serious blow to Hezbollahs political allies, favored their opponents, and brought a higher-than-expected number of new civil society candidates to parliament.

Despite a low voter turnout of 41%, significantly lower than the last elections in 2018, and despite great division among civil society ranks that failed to put together unified revolutionary movement or national lists, new candidates from these disparate lists made breakthroughs over established parties and politicians in 14 seats. Although this is still a modest fraction of the 128 seats in parliament, it shows that change is possible, that a significant number of voters will vote for change if given a viable alternative, and that the established parties and politicians are vulnerable.

In a more traditional calculus, the elections weakened the pro-Hezbollah alliance in favor of its opponents. Hezbollah and its allies ended up with a minority of only 60 seats, while their opponents of various stripes occupy a majority of 68 seats. In the Christian community, the Free Patriotic Movement (FPM) of President Michel Aoun and his son-in-law Gibran Bassil, which is allied with Hezbollah, saw their parliamentary bloc shrink to 17, and now take second place to the staunchly anti-Hezbollah Lebanese Forces party, which secured a bloc of 19. The pro-Hezbollah and pro-Assad leader in North Lebanon, Suleiman Frangieh, also saw his influence shrink, failing to secure a majority even in his own hometown of Zgharta. Both Bassil and Frangieh can no longer claim to represent a dominant political trend in the Christian community, nor do they have a strong case to be considered for the presidency.

In the Druze community, long-time pro-Hezbollah and pro-Assad politicians lost to reformist civil society candidates; several pro-Hezbollah Sunni and Christian candidates in the Hezbollah strongholds of south Lebanon also lost. In the Sunni community, the previously dominant leader Saad Hariri sat these elections out, and the Sunni vote was distributed among a wide array of anti-Hezbollah or reformist lists. Sunni allies of Hezbollah and Assad did very poorly.

Hezbollah and Amal maintained their sweep of the 27 Shiite seats in parliament. But Hezbollahs leader Hassan Nasrallah had made it clear in recent speeches that Hezbollahs goal in these elections was to make sure its allies in other communities did well. In this, it has failed. The decline of the FPM to minority status means that Hezbollah has lost a strong Christian cover especially after President Aouns term ends at the end of October. It has lost key allies in the Sunni and Druze communities, and has lost the majority it previously could count on in parliament. Of course it remains the dominant party of the Shiite community and an extremely powerful armed group that does not hesitate to use force inside, and outside, the country to pursue its or Irans goals.

It is fair to say that the results of these elections came as a surprise even to civil society and reform groups, which had begun to lose hope in the possibility of change. It shows how much elections still matter, and how much political mobilization and voting can bring about change, even in a dysfunctional and militia-dominated country like Lebanon.

In the weeks ahead the parliament has first to elect a speaker. Amal leader Nabih Berri has been speaker for the past 30 years, and might be so again, but the election results make his road to victory more challenging. Next, the president must engage in parliamentary consultations to designate someone to form the next government. The current Prime Minister Najib Mikati fared poorly in these elections, but its not yet clear who might emerge as an alternative. The naming of a prime minister and the process to form a government might not even come to fruition before the next big political milestone, which is the presidential election that should take place before the end of October. Hezbollahs original plan, to try to get one of its close allies, Bassil or Frangieh, into that position, is no longer viable. As electing a president requires a two-thirds quorum in parliament a ratio that no political coalition has the country might be bound for a presidential vacuum of extended duration.

Indeed, the country is in desperate need of a new government that can work with the new parliament to implement the urgently needed economic reforms to secure an IMF rescue package and begin reversing the socio-economic collapse. Although these elections have brought significant and positive political change, they leave the political road ahead still very contested and unlikely to produce sufficient political consensus to undertake the necessary major reforms. But the elections do give hope that change is indeed possible in the country, and that efforts to bring about more lasting and widespread change deserve to be redoubled.

An earlier version of this piece appeared in MEIs Monday Briefing on May 16.

Follow on Twitter: @paul_salem

Fadi Nicholas NassarContributor

In a world threatened by rising authoritarianism and growing worries over democracys retreat, a message of hope has emerged from Lebanon reminding those who need to hear it most that democracy still matters and is worth fighting for.

Echoing electoral results in Iraq, Lebanons parliamentary contest has proven to be a decisive blow to Irans allies, exposing the increasing vulnerability of its strategic position, the growing rejection of its regional project, and the expanding limits of its coercive abilities to dominate formal political processes.

More specific to Lebanon, however, has been the rejection of the 2008 Doha Agreement that positioned Hezbollah as the countrys dominant power broker following the turning of its arms toward local opponents. As I have written about in more detail elsewhere, the consensus that emerged in the aftermath of Doha Agreement was that Hezbollah was not a state within a state; rather, it eclipsed the state. All other actors and stakeholders were suspended in its orbit, competing over whatever fell outside its strategic interests. But the false stability of this illiberal status quo was never sustainable, and ultimately made the state fail.

It is this appeasement and acceptance of political violence, enabled by corrupt and broken elites and brokered with the tacit consent of international actors, that Lebanons opposition, and the electorate that voted them in, have now challenged. From the right-wing and center-leaning traditional parties to the emerging anti-establishment independent groups in the new parliament, those outside Hezbollahs axis have chosen confrontation, not compromise. This comes after more than a decade of living with the consequences of impunity and inaction in the face of Hezbollahs use of and monopoly on political violence, including the assassination of dissidents at home and participation in mass atrocities abroad in Syria.

In the battle between independent parties for who gets to represent the October 17 Revolution in parliament, groups that de-emphasized Hezbollah in their campaigns, framing the militia as merely facilitating pervasive corruption rather than being chiefly responsible for battering the state and leveraging its arms to maximize its position and suppress dissent, were soundly defeated. Independent actors that did not take a clear position on Hezbollah failed to win a single seat, whereas groups that refused to compromise on Hezbollah in their revolt against the establishment made breakthrough victories across the country, underscoring the impact that taking a confrontational position on Hezbollah had on voters trust. This current was also exploited by traditional parties campaigning on an anti-Hezbollah line, like the Lebanese Forces, to mask their own role in cementing the status quo, further highlighting that this election was in many ways a referendum on Hezbollah.

But what the uncompromising spirit of this new anti-establishment movement draws to light is that the struggles against corruption and political violence, though different, are connected and in Lebanons case, one cannot be resolved without addressing the other. That this movement will inevitably find itself in a hung parliament is not necessarily a weakness. If navigated carefully, this can even be used to pressure established parties to compromise on critical reforms that would make it easier to strengthen the integrity of core state institutions and work toward addressing systemic issues like elite capture, mismanagement, sectarianism, and clientelism. To be sure, the road ahead is perilous given the large representation of parties that were part of the former government. That same government deliberately failed to enact any critical reforms throughout the countrys debilitating economic crisis that would have placed significant losses on influential elites and institutions rather than the general public.

Yet none of this can happen without security for reformers from political violence.

It is here where international support is most needed, in reining in the capacity of local and regional actors to operationalize such violence without consequence and reducing their margin for maneuver.

Following Russias invasion of Ukraine, a global consensus is emerging that authoritarianism and the moral compromises that sustain it is an existential threat. Confronting it requires doing away with instrumentalizing the vague language of compromise to mask impunity for infringements on core freedoms in exchange for unchecked corruption.

While the Biden administration appears to have prioritized established democracies in its flagship Summit for Democracy, it is in small states like Lebanon, where the battle between democracy and authoritarianism is neither won nor lost, that solidarity is most needed.

Fadi Nicholas Nassar is Assistant Professor of Political Science and International Affairs and Director of the Institute for Social Justice and Conflict Resolution at the Lebanese American University. His research focuses on international humanitarian and relief interventions in fragile and conflict settings, popular uprisings and social movements, US foreign policy, and Middle Eastern politics.

Follow on Twitter: @dr_nickfn

Carmen GehaContributor

I was wrong. That is the first thing that comes to mind when I think about the election results that came out of Lebanon. For over a decade, I had tried to change, influence, and break the system, but to no avail. Its not just me either; there are countless others who have tried and we kept hitting a wall. Things just kept getting worse, and even after Beiruts port exploded in August 2020, the warlords seemed to be able to revive the system again. These elections were no different, or so I thought. After all, we were playing by the rules of the corrupt warlords who have ruled, impoverished, and destroyed Lebanon for 30 years. So I left, I immigrated for the first time, maintaining my commitment to Lebanon but choosing to relocate to Barcelona to work on diaspora activism. I was right to do this for personal reasons Lebanon is unlivable right now at all levels but even though my personal choice is right, I was wrong about the collective. An unprecedented awakening and political confrontation has started, and we must all rally to support it for three reasons.

First, over 80% of people in Lebanon are reeling under poverty. With the national government in utter failure and the international communitys historical complicity, it is up to us as people to stand up and advocate for those who are under-privileged and discriminated against. The political order is an exclusionary one: It excludes non-loyalists, non-nationals, women, youth, the elderly basically anyone that is not loyal to or benefiting from the establishment of violent mafia rule. This needs to change and now that we have a large group of revolutionary reformist parliamentarians, we have the opportunity to support this change.

Second, Lebanons traditional political leadership is evil. As a political scientist I wrote about the sectarian system for so long, arguing that it is the root of all of Lebanons problems. I was wrong again. I dont think that Lebanons power-sharing system is necessarily to blame. I think it is the handful of politicians who led the war and governed through impunity. They are the problem. Their arrogance, corruption, violence, and disdain for their own people is truly perverted. A group of men who cannot even manage garbage collection and who leave explosives at the port cannot be trusted with reform.

Third, there is power in the collective. We learned this in the revolution that began in October 2019 and even experienced it in mobilizing for justice after the port explosion. We cannot leave the new members of parliament to do the work alone. We must rally around them and the more of us who volunteer to help, advocate, serve, and uplift, the more these new parliamentarians can have the security and support to continue confronting an evil political class that has survived on blood and impunity for way too long.

I think both realities are true: Many of us need to leave for our survival but at the same time many of us can and should help. Politics, like life, can be a complexity of emotions. Today in Lebanon, both statements are true: The country has never seen such hopelessness and hopefulness co-exist. What we do next is up to us as these election results have proven.

Dr. Carmen Geha is an activist, scholar, and consultant with more than 15 years experience working for international organizations across the MENA region with expertise in governance and institutional reform.She is currently a senior member at the Inter-disciplinary Research Group on Migration at Pompeu Fabra University in Spain, and has been awarded the prestigious Maria Zambrano fellowship by the Catalan government.

Follow on Twitter: @CarmenGeha

Bachar El-HalabiContributor

While on paper Hezbollah lost its parliamentary majority in the elections that took place last week in Lebanon, precedents and realpolitik prove that a parliamentary majority is not the criterion for ruling under the countrys sectarian power-sharing formula. The lesson to be drawn from the election rests elsewhere, a point missed by the majority of reporters from international media outlets in Beirut, who rushed their editors to run pieces headlining: Hezbollah lost its parliamentary majority.

Over the past 15 years, three main events contributed to Hezbollahs ruling recipe, cementing the paramilitary groups status as Lebanons powerbroker. The first was the 2008 Doha conference, which came against the backdrop of the groups military incursion into Beirut and Mount Lebanon, officially giving Hezbollah veto power within government. The second was the ouster of Saad Hariri from the premiership in 2011 while he was meeting with then U.S. President Barak Obama, knocking out the working framework of the so-called national unity government. In practice, the group has retained the upper hand in governments ever since. The third event was the presidential deal that installed Michel Aoun in Baabda Palace in 2016 as part of an expansion of Iranian influence following the nuclear deal with the U.S. and the conclusion of wars in Syria and Iraq. Hezbollah proceeded to win a clear majority of seats in the 2018 parliamentary elections and reinforced its grip on power.

The emerging parliament today, with its diversity and uncertainty regarding a clear-cut majority, undercuts Hezbollahs ruling recipe and offers heightened polarization that could result in protracted deadlock, at a time when the country is dealing with one of the worst economic meltdowns in documented history. This polarization was the result of Hezbollahs unwise decision to frame the election as a referendum over its weapons. The group knows that no majority in parliament can carve out a policy that targets its security concerns, and it plans to capitalize on the lack of unanimity among so-called independent and opposition MPs to weather the election results in a similar fashion to what the pro-Iran Coordination Framework is attempting in Baghdad. However, one unmistakable conclusion from the elections is the huge reduction in support among all other sects for parties or personalities close to Hezbollah, an indication of the increased isolation of its policies and narrative within Lebanon. A clear majority of Syrian President Bashar al-Assads allies lost as well, dealing a blow to his aspirations for a renewed role in Lebanese politics.

Meanwhile, there is enough reason for the Iranian regime to be concerned over its regional influence and expansionist plans. The outcome of the Iraqi and Lebanese parliamentary elections, coupled with Assads growing need for Iranian support as Russia takes heavy losses in its badly calculated invasion of Ukraine, presents Tehran with growing challenges. Moreover, the lack of news from Vienna and the bottleneck facing the nuclear talks do not instill confidence in Irans allies and proxies in the region.

On the flipside, Saudi Arabias role and influence in Lebanon have been reinvigorated with the Lebanese Forces (LF) winning a majority of seats within the Christian constituency. Riyadh, under the new leadership, has replaced its longtime ally Saad Hariri with the head of the LF, Samir Geagea. From a Saudi perspective, Geagea is a bulwark against Irans growing influence in Lebanon and remains an endorser of the Taif Agreement, until further notice. As such, Lebanon today can become an item on the agenda of the Baghdad dialogue between Saudi Arabia and Iran. With balance seemingly restored, at least in parliament, Riyadh and Tehran can either find a cohabitation arrangement that helps lift Beirut out of its misery, or push the country toward its breaking point.

Bachar El-Halabi, LLM, is a Lebanese activist and an energy market reporter and analyst. His published work focuses on Lebanese politics and regional geopolitical-related developments.

Follow on Twitter: @Bacharelhalabi

Bilal Y. SaabSenior Fellow and Founding Director of the Defense and Security Program

The electoral outcome in Lebanon has given both optimists and pessimists enough reason to deepen their convictions. The optimists will point to the unprecedented victories of new faces, many from civil society, who long forsystemicchange in the country, and concurrently, to the defeat of traditional politicians and sectarian chiefs who support the rotten political status quo and are allied with Hezbollah and loyal to the Syrian regime.

Despite a global pandemic, dreadful economic circumstances, intimidation and possible fraud in some districts, and an electoral law that to a large extent favors the old guard, there were significant electoral breakthroughs. And in a country awash with weapons, small and heavy, not one person was killed in this monumental national event. Thats worth noting.Kudos to the Lebanese army for providing security.

The pessimists will argue that preciselybecausethese elections were being held under historically bad economic conditions, political collapse, and massive societal depression, many more people should have voted for change (most from the Sunni community even boycotted!), civil society should have found a way to unite, and a much larger number of reform candidates should have won.

You can pick either narrative and you wouldnt be entirely wrong. More than two years ago, Iwrotethat getting even a small number of change candidates represented in the next chamber would constitute a decent start to the long and arduous journey of political rehabilitation. This goal has been accomplished, no doubt, which is a big deal. This constituency now exists, no matter how small and fragile it is.

The challenge now for the honest voices who won is to get sufficiently organized inside the next parliament toimplementwhat they have been calling for. This obviously will be very difficult given the still considerable power of Hezbollah and its allies and the next presidential race in October will show the immediate impact of these parliamentary elections.

Its not too late for the change candidates to unite to amplify their numbers and influence inside the next chamber, but it wont be easy given the significant differences they have on priorities and the sequencing of reforms. The Lebanese Forces, which won big and will form the largest Christian bloc, have not only an opportunity but also a responsibility moving forward: to refuse any bargaining with the status quo powers, which they didnt do when they signed off on Michel Aouns terrible presidency, and form a bond with as many independents and reformists as possible to introduce some much-needed change into the system.

This piece originally appeared in MEIs Monday Briefing on May 16.

Georges El KhouryContributor

On May 6 and May 8, Lebanese citizens around the world exercised their right to participate in Lebanons parliamentary elections. In most nations, expat voting is commonplace. But for the Lebanese diaspora, the road to the ballot box has been hard-fought and far from straightforward.

The primary reason for this struggle comes down to Lebanons 2017 electoral law, which gave Lebanese diaspora voters the right to elect a mere six members of parliament (one MP per continent) rather than the full 128 members. With a diaspora estimated to be twice as large as the actual population within Lebanon and often displaced by necessity rather than choice its easy to see why this law was controversial. The diaspora wanted a voice in the country they were forced to leave, and they were willing to fight for full electoral rights. Months of international and domestic pressure and campaigning led to parliament eventually caving and amending the 2017 electoral law gone were the paltry six seats previously allocated.

After this initial success, the fight then centered around ensuring that elections were actually held on time. In the run-up to May 2022, the Lebanese government had expressed concerns about the financial costs and operational complexity of organizing diaspora elections in a country already gripped by multiple crises. While this rhetoric might sound plausible given the circumstances, it was not lost on most diaspora voters that such excuses were merely tactics to avoid shaking up the domestic political status quo. The political establishment was undoubtedly aware of the threat that significant diaspora mobilization would pose to their rule and was keen on retaining their tight grip over parliament. Despite incessant rumors of cancelled elections that continued up until a few days before the vote, Lebanese expats finally went to the polls in unprecedented numbers.

Participation in the 2018 diaspora elections, the first time voting was allowed outside Lebanon, was limited, but in 2022, the Lebanese came out in droves to register for their right to vote from abroad.

From an estimated 1 million Lebanese citizens eligible to vote from abroad, fewer than 10% registered to vote in 2018 (82,965 voters). In contrast, around 24% registered in 2022 (244,000 voters). In 2018, 46,800 voters actually followed through with their vote, whereas more than three times that number 142,041 expats showed up to vote this time around. Significant participation, averaging more than 70% turnout, was recorded in countries like France, the UAE, the U.K., and Canada.

This considerable surge in voter registration and turnout abroad can be attributed to the increase in political awareness among Lebanese expats, their disillusionment with the current establishment, and their ability to distance themselves from the day-to-day struggles of Lebanese life. Devastating incidents such as the 2020 Beirut port explosion as well as all-encompassing financial and social crises have fueled a desire for change, particularly among expats who have spent the past two years watching their home country sink deeper and deeper into the abyss.

In the build-up to elections, opinion polls had estimated that registrants from abroad could provide enough votes to secure 8-10 new seats in parliament for alternative candidates not affiliated with establishment parties. In this weeks elections, diaspora voters did not disappoint, making a considerable difference in a number of electoral districts.

For example, in the electoral district of South 3, which encompasses the Lebanese regions of Bint Jbeil, Nabatieh, and Marjeyoun-Hasbaya, the diaspora vote helped break through decades of entrenched voting patterns by securing two out of 11 seats for alternative candidates. This may sound small but is in fact a huge breakthrough in a district historically under the thumb of Hezbollah and the Amal Movement. Similarly, Yassine Yassine was the first alternative candidate to secure a seat in Bekaa 2.In the electoral district of Beirut 1, two alternative seats were also secured and, in the case of Cynthia Zarazir, only after diaspora votes were added to the final tally.The same is true for Waddah El Sadek, a candidate in Beirut 2, who was also able to secure a third alternative seat for the district once diaspora votes were counted. The diaspora votes also favored the alternatives in North 2, where Ramy Finge, a candidate from Tripoli on the list Intafid, was able to snatch the seat from the grip of the current establishment.

It is critical to keep in mind that such breakthroughs were not a product of luck. Diaspora voters actively and unequivocally played a role in tilting the balance in favor of alternative parties and creating surprise victories across many of Lebanons 15 electoral districts.In total, voters both in Lebanon and abroad secured around 13 seats for alternative parties in parliament this year, compared to only one in 2018.A feat once considered impossible has now happened, and expats, as well as their families and friends in Lebanon, have played an integral role in making 2022 an election year to remember.

Georges El Khoury is a graduate student at London Business School and a founding member of Sawti, a global initiative aimed at informing, engaging, and mobilizing Lebanese citizens abroad with the intent of increasing civic participation and voter turnout in the Lebanese elections.

Brian KatulisVice President of Policy

Lebanons imperfect democratic elections were nevertheless significant: They weakened Hezbollah, strengthened the proponents of state sovereignty, and brought in a significant group of new political representatives from civil society. It is also noteworthy that the elections were held on time and produced results that did not go the way entrenched powers wished them to go.

These election results dont immediately change the bigger picture inside of Lebanons political system, as the new parliament will be split among many groups. Most analysts expect gridlock to set in once again. It will be difficult to form a government in the next few months, and the country may be looking at another long period without a president after Michel Aouns term runs out at the end of October.

Nonetheless, the extended period of political negotiations that likely lies ahead offers an opportunity for the Biden administration to shift the focus of U.S. policy more clearly toward the needs and concerns of the Lebanese people. This means looking for new avenues to provide direct support to the most vulnerable without enabling the corruption and political gridlock that have become far too common in Lebanon.

The first step in crafting a new approach that directly engages the Lebanese people is building a diplomatic coalition with countries such as France and key partners in the Arab world that are looking for ways to avoid the past mistakes of underwriting a political system that doesnt respond to the people. Some key figures in the Biden administration have set out more modest goals for Americas approach to the Middle East, saying it should go back to basics and avoid having more failed states in the region.

Lebanon teeters on the edge of becoming a failed state, and its a good place to dedicate more diplomatic attention. Food insecurity, already a problem over the past year, has become a bigger challenge with the recent spike in food prices due to Russias war in Ukraine. The broader economic problems linked to years of mismanagement and corruption wont be fixed overnight and thats why new avenues of providing direct support to the Lebanese people through the World Bank and other international organizations should be developed. The Biden administration should also take more steps to hold corrupt officials accountable.

The Biden administration has serious bandwidth challenges in its foreign policy. Russias war in Ukraine and the broader effort to compete with China in the world dominate the time of President Joe Biden and his most senior officials. Thats why the Biden administration should empower a team of U.S. diplomats to work more closely with partners in Europe and the Middle East and international organizations to find ways to directly engage the Lebanese people and create incentives for the countrys newly elected leaders to respond to the needs of those they represent.

But the elections also showed that change is possible, as a significant number of new civil society groups unseated long-established politicians. This new group in parliament should be encouraged. The U.S. should also continue to help civil society further strengthen and coordinate its efforts to provide a better alternative for the desperate Lebanese people.

The elections in Lebanon resonate with the broader threat that democracy is facing in Ukraine and around the world. Lebanese voters, despite the deepest economic depression in living memory, a port blast that devastated the capital, and a militia-dominated political system, came out to vote and spoke out in favor of democracy, sovereignty, and reform. That should count for something in the U.S. foreign policy agenda.

Follow on Twitter: @Katulis

Photographer: Francesca Volpi/Bloomberg via Getty Images

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Special briefing: Lebanese elections reshape the political scene - Middle East Institute

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Oil hazards aren’t the main worry of Nigeria’s coastal residents: toilets are – The Conversation

Posted: at 3:54 am

Nigerias coastal areas are known to present environmental hazards and risks. Oil exploration and exploitation is one source of these hazards. Oil spillage, gas flaring, air and water pollution and agricultural land contamination are serious problems in the region, with implications for human and environmental health.

Flooding and erosion are additional sources of danger in the region. Damage from floods is extensive.

Poor sanitation is a third hazard. Poor sanitation practices, poor location of facilities like toilets and kitchens, and the contamination of water sources in oil producing communities expose residents to cholera, typhoid, malaria and dysentery.

Residents perceptions of the environmental hazards have not been well explored. Its important to understand perceptions because they drive behaviour. In looking for ways to avoid, prepare for and respond to hazards and disasters, it is useful to understand what motivates peoples actions.

Research has shown that people take action on threats based on their personal perception of the risk. Perception, in turn, depends on the level of information people have about the risk, personal experience of past events and socioeconomic attributes. Its also influenced by the quantity of losses people think they can avoid, absorb and tolerate. The type of hazard makes a difference. So does peoples trust in the capability of authorities.

Therefore, in our study we sought to understand what influences the perceptions of people in Delta State when it comes to environmental risks. Understanding what drives their actions could help in finding ways to avoid or cope with risks and disasters.

We found that residents were less concerned about oil induced hazards and risks, or floods and erosion, than they were about the lack of sanitation amenities like drains and toilets. They perceived oil and flood risks as normal parts of their lives, not as major risks. Some even contributed to those problems by, for example, stealing oil.

What they were most worried about was being vulnerable to things like snakebites, reptile invasion, storm water diversion into their homes, collapse of buildings, spread of diseases from open defecation, and personal safety related to bathrooms and kitchens being located away from homes.

Many of the residential areas in the region have evolved without planning regulations. Residents havent always followed safe practices when building amenities. The resulting danger is an unsanitary environment. We suggest that government agencies ensure house owners adhere to building codes.

Our research was carried out in the southern part of Nigeria over 18 months. We focused on three towns: Sapele, Oghara and Koko. The towns are involved in crude oil activities and are close to the ocean. They also face dangers from toxic waste dumping.

In these towns, infrastructure such as roads, drainage and public toilets is inadequate and in very poor condition.

We sampled residential buildings from each town and gave questionnaires to 218 residents of these buildings. The questionnaire aimed to capture the socio-economic attributes of the people and their awareness of environmental hazards such as oil and sanitation. It also asked about the severity attached to risk emanating from hazards and responses to them.

Previous research has found that peoples perceptions of environmental hazards and risks are influenced by socioeconomic characteristics and by environmental awareness. The presence of amenities such as well-lit and tarred roads, location of emergency management agencies, electricity transformers and fire stations has also been found to be related to perceptions. We examined the impact of these factors on the way our respondents viewed environmental hazards and risks.

We found that a direct relationship exists between residents perception of environmental threats and infrastructure availability. Such infrastructure includes roads, drainage, public toilets, health centres, schools and electricity transformers.

The availability and location of toilets and drains scored highest among residents concerns. Location of kitchens was another issue. In most cases, toilets, bathrooms and kitchens are constructed detached from the main buildings, making residents more vulnerable to health risks. Such kitchens are vulnerable to infestation by flies, ants, cockroaches and other disease vectors.

We also discovered that peoples views have no relationship with efforts by the government, international oil companies and nongovernmental organisations to address threats. Such threats include oil pollution, gas flaring, hazardous waste, odour and erosion. This implies that people do not trust the capacities of these stakeholders to manage environmental hazards. They therefore engage in environmentally destructive and defiant behaviours such as crude oil theft, illegal oil refining and pipeline vandalism.

Read more: Three things that can go wrong at an illegal oil refinery in Nigeria

The socioeconomic attributes of residents correlated with their views on environmental threats. These are attributes such as gender, age, educational status, household size, income, occupation and length of stay in the area.

Higher income, higher level of education, and longer length of stay increased concerns about environmental threats. This shows that the more peoples income and education level are enhanced, the more concerned they are about managing environmental hazards in their area.

We recommend ways to enhance peoples perception of environmental hazards and thus enhance safety practices.

Governments at all levels should improve the provision and maintenance of environmental amenities.

Government should also work with representatives of the people to effectively monitor and manage threats emanating from oil production activities. The key involvement of the representatives will instil trust and create a sense of belonging in the efforts to manage the threats.

Government and NGOs should provide environmental education for residents of the coastal towns. Residents need to know about the inherent harmful impacts of unsanitary environments and poor amenities. Education could be done through the media and the school curriculum.

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MAREE TODD: Sharp focus on cost-of-living crisis in Caithness – JohnOGroat Journal

Posted: at 3:54 am

Holyrood Notebook by Maree Todd

A huge congratulations to all new and re-elected councillors across Caithness! Its a privilege to be elected to represent your community and I know that each one of our councillors will work tirelessly and in the best interests of their communities over the next five years.

Of course, Im delighted to see my brilliant SNP colleagues, Karl Rosie and Raymond Bremner, re-elected, contributing to the SNP returning the highest number of councillors in the Highland Council area.

I know both Karl and Raymond are laser-focused on tackling the cost-of-living crisis in Caithness and I look forward to working collaboratively with them on this.

At the time of writing, negotiations on which parties will form the Highland Council administration are still ongoing. In the event of an agreement with the SNP, our councillors will work together to do whats best for communities across the Highland Council area.

Im keen to see the ambitious proposals set out in the Highland SNP Group manifesto implemented, which include a commitment to delivering rural bus and transport solutions, attracting inward investment to produce green energy and building more houses to reduce housing waiting lists, to name a few.

In acknowledging the extraordinary context we find ourselves in following Covid-19 and Brexit, the manifesto sets out how we exit these unprecedented times with a clear road map for public services and plans for economic growth to rebuild and sustain our communities. Im confident that in administration, the SNP group can deliver a positive and inclusive future for our Highland communities.

Turning to the national landscape, this election sees the 11th victory in a row for the SNP, with the most seats won and most gains out of any party, making the SNP the biggest party in 21 councils across Scotland.

For a party that has been in government for 15 years, this is a remarkable achievement and whilst it shows yet another resounding endorsement of the SNP and for pro-independence parties it has confirmed once again that Scotland utterly rejects the corruption, sleaze and law-breaking of the Tories. The negligent inaction of the Tories' self-made cost-of-living crisis, which is hammering households across the country, was another clear contributor to the collapse of the Tory vote.

To finish, Im pleased that the Minister for Just Transition, Richard Lochhead, has accepted my invitation to visit Caithness this summer to consult with the local community and stakeholders ahead of the Scottish Governments Energy Strategy and Just Transition Plan (ESJTP). The plan, which is set to be published in the autumn, will reflect Scotlands ambitious climate change targets and the pathways which will enable us to reach them.

Its vital that industry, business and communities are consulted ahead of the creation of the strategy, particularly in areas like Caithness and north Sutherland where nuclear research and decommissioning have been of huge value to the local economy and community over the decades.

During the ministers visit, he aims to listen to those most impacted by the energy transition, with a focus on communities, workers and businesses interlinked with Dounreay, to gather lived experiences and opinions on Scotlands future energy system. The plans set out in the ESJTP will be crucial to the socio-economic future of Caithness and north Sutherland and Im pleased that a thorough engagement process will be behind the strategy.

I look forward to welcoming the minister to Caithness in the summer.

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GameStop stock split: What you need to know – finder.com.au

Posted: at 3:53 am

Before getting to that question, let's first ask ourselves, what exactly is a meme stock?

The term "meme" was first coined by the evolutionary biologist Richard Dawkins in his book The Selfish Gene, where Dawkins explored whether ideas themselves could be subject to the same evolutionary pressures as genes. The study of how ideas replicate and spread is now known as "memetics".

When we connect this idea of a meme to investing, we get the concept of a meme stock. A meme stock is a stock that spreads by means of imitation from person to person within a culture and often carries symbolic meaning representing a particular phenomenon or theme.

Bear with me while I take this just a step further. Stocks are also called equities, right?

Equity is typically defined as the amount of money that shareholders will get paid if all of the company's assets were liquidated and all of the debts paid off. It's more or less synonymous with cold hard cash.

Admittedly, "meme equity" doesn't quite have the same ring as meme stock, but I do think that it's a more accurate description of what investors who buy shares of GameStop are getting.

I think that it also provides a better light with which to ask ourselves whether or not a stock split in GameStop is likely to benefit shareholders.

Looking at GameStop's balance sheet, it's clear that there has been a substantial increase in the equity enjoyed by shareholders over the past year.

As of 31 January 2021, shareholder equity was $436.7 million. A year later, on 31 January 2022, that increased to $1.6 billion. That's a big increase. The "per share" equity went from $6.70 to $21.11. Apparently, being a meme stock has been good for shareholder equity.

How exactly did this increase in shareholder equity come about? Was it because GameStop made a huge profit in 2021? No. GameStop's expenses exceeded its revenues in 2021 for a loss of $381.6 million.

So how did GameStop more than triple shareholder equity in 2021? It printed more stock and sold it in the public markets to raise cash to pay off debt. Less debt equals more shareholder equity. No doubt, that's a pretty cool gig when you can get it.

In the 2022 SEC filing by GameStop announcing the upcoming shareholder vote on a stock split, we learned that GameStop intends to ask shareholders to vote for an increase in the number of authorised shares of Class A common stock from 300 million to 1 billion. That's a lot more shares!

What's curious is that there are currently only 75.9 million shares of GameStop that are publicly traded, which means that GameStop still has 224.1 million shares to work with if it wants to do a stock dividend.

It's already got nearly 3 times its current publicly traded shares available to do a split. With the available shares, GameStop could do a nearly 4 for 1 stock split.

Is it going to try to do a 10 for 1 stock split to try to bring its stock down to the $10 per share range?

It's hard to say, which is always the case with meme equity. Meme equity has no connections to fundamentals. It has no connection to the one metric that everyone can measure cash flow.

Remember, the main thing about a meme-anything is that it spreads by means of imitation from person to person within a culture and carries symbolic meaning.

From that perspective, it's perfectly clear why GameStop would want to increase its available shares to 1 billion: Its shares are now its currency.

GameStop believes that it can now play the same game as the Federal Reserve. It can literally print its own currency and then go sell it in the public markets to raise cash.

There's no denying that it worked in 2021 when GameStop's shares soared from $15 to nearly $500. So far, it hasn't worked well in 2022, when GameStop's shares have fallen as low as $77.

If you think that GameStop can rediscover the 2021 meme-stock-mojo to send its share price soaring again soon, and you want a meme-driven future, then this proposed increase in shares is a good thing for shareholders. It means that GameStop can print more money.

GameStop is betting that its brand will carry it forward to a prominent place in the world of blockchain gaming and cryptocurrencies. It's in the letter from the CEO on the first page of its annual report.

Meanwhile, the list of risks to this transformative vision is long and detailed. They cover nearly 10 pages of the annual report (pp. 6 to 15). The section on "Risks Related to Our Common Stock" is particularly relevant. Anyone considering buying GameStop should read it carefully.

What happened in 2021 is not likely to repeat again anytime soon. It was a confluence of so many single events as to be essentially unrepeatable. The best days of meme stocks are behind us. There will surely be intermittent and spectacular rallies that will be egged on by the media, but they will be more of a death rattle than a return to health.

Meme equity isn't going to be putting food on the table again anytime soon.

Richard Smith is chairman and executive director of the Foundation for the Study of Cycles, a nonprofit that studies recurring patterns in economics, social sciences and nature.

Disclaimer: The views and opinions expressed in this article (which may be subject to change without notice) are solely those of the author and do not necessarily reflect those of Finder and its employees. The information contained in this article is not intended to be and does not constitute financial advice, investment advice, trading advice or any other advice or recommendation of any sort. Neither the author nor Finder has taken into account your personal circumstances. You should seek professional advice before making any further decisions based on this information.

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Artificial Intelligence (AI) In Drug Discovery Market Growth Is Driven At A 30% Rate With Increasing Adoption Of Cloud-Based Applications And Services…

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LONDON, May 24, 2022 (GLOBE NEWSWIRE) -- According to The Business Research Companys research report on the artificial intelligence (AI) in drug discovery market, the rising adoption of cloud-based applications and services by pharmaceutical companies will contribute to the growth of AI in the drug discovery market. Among the various end-users of cloud-based drug discovery platforms, pharmaceutical vendors are likely to be major stakeholders, holding a high-value share of the global cloud-based drug discovery platform market. An opportunity analysis of the global market reveals that leading software vendors have already adopted cloud-based drug discovery platforms to facilitate seamless research and development processes. Moreover, the cloud-based drug discovery platform revolution will witness significant growth in the coming years, thereby creating better opportunities for software vendors for growth and expansion. For example, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, announced in December 2021 that it is collaborating with Pfizer to develop innovative, cloud-based solutions that have the potential to improve how new medicines are developed, manufactured, and distributed for clinical trials. The companies are exploring these advances through their newly created Pfizer Amazon Collaboration Team (PACT) initiative, which applies AWS capabilities in analytics, machine learning, compute, storage, security, and cloud data warehousing to Pfizer laboratory, clinical manufacturing, and clinical supply chain efforts. Thus, the increasing adoption of cloud-based applications and services by pharmaceutical companies will contribute positively to the AI drug discovery market size.

Request for a sample of the global artificial intelligence (AI) in drug discovery market report

The global artificial intelligence in drug discovery market size is expected to grow from $0.79 billion in 2021 to $1.04 billion in 2022 at a compound annual growth rate (CAGR) of 31.6%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The AI in drug discovery market is expected to reach $2.99 billion in 2026 at a CAGR of 30.2%.

Use of AI through Machine Learning (ML) is a trend in assessing pre-clinical studies during the drug development process. Pre-clinical studies are non-clinical studies for novel drug substances to establish clinical efficacy and safety in a controlled environment before testing with a final target population. ML modelling pharmacokinetic (PK) and pharmacodynamic (PD) methodologies are applied in in-vitro and preclinical PK studies to successfully anticipate the dose concentration response relationship of pipeline assets. In addition, deep learning methodologies are employed as In-Silico methods for successfully predicting the therapeutic/pharmacological properties of novel molecules by utilizing transcriptomic data, which includes various biological systems and controlled conditions. Besides the drug discovery market, machine learning technology finds its application in the AI in medical diagnostics market as well as AI in medical imaging market.

Major players in the artificial intelligence for drug discovery and development market are IBM Corporation, Microsoft, Atomwise Inc., Deep Genomics, Cloud Pharmaceuticals, Insilico Medicine, Benevolent AI, Exscientia, Cyclica, and BIOAGE.

The global artificial intelligence in drug discovery market report is segmented by technology into deep learning, machine learning; by drug type into small molecule, large molecules; by disease type into metabolic disease, cardiovascular disease, oncology, neurodegenerative diseases, others; by end-users into pharmaceutical companies, biopharmaceutical companies, academic and research institutes, others.

In 2021, North America was the largest region in the artificial intelligence (AI) in drug discovery market. It was followed by the Asia-Pacific, Western Europe, and then the other regions. The regions covered in the AI in drug discovery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Artificial Intelligence (AI) In Drug Discovery Global Market Report 2022 Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provide artificial intelligence (AI) in drug discovery market overviews, artificial intelligence (AI) in drug discovery market analyze and forecast market size and growth for the whole market, artificial intelligence (AI) in drug discovery market segments and geographies, artificial intelligence (AI) in drug discovery market trends, artificial intelligence (AI) in drug discovery market drivers, artificial intelligence (AI) in drug discovery market restraints, artificial intelligence (AI) in drug discovery market leading competitors revenues, profiles and market shares in over 1,000 industry reports, covering over 2,500 market segments and 60 geographies.

The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors approaches.

Not the market you are looking for? Check out some similar market intelligence reports:

AI In Pharma Global Market Report 2022 By Technology (Context-Aware Processing, Natural Language Processing, Querying Method, Deep Learning), By Drug Type (Small Molecule, Large Molecules), By Application (Diagnosis, Clinical Trial Research, Drug Discovery, Research And Development, Epidemic Prediction) Market Size, Trends, And Global Forecast 2022-2026

Artificial Intelligence In Healthcare Global Market Report 2022 By Offering (Hardware, Software), By Algorithms (Deep Learning, Querying Method, Natural Language Processing, Context Aware Processing), By Application (Robot-Assisted Surgery, Virtual Nursing Assistant, Administrative Workflow Assistance, Fraud Detection, Dosage Error Reduction, Clinical Trial Participant Identifier, Preliminary Diagnosis), By End User(Hospitals And Diagnostic Centers, Pharmaceutical And Biopharmaceutical Companies, Healthcare Payers, Patients) Market Size, Trends, And Global Forecast 2022-2026

Cloud Services Global Market Report 2022 By Type (Software As A Service (SaaS), Platform As A Service (PaaS), Infrastructure As A Service (IaaS), Business Process As A Service (BPaaS)), By End-User Industry (BFSI, Media And Entertainment, IT And Telecommunications, Energy And Utilities, Government And Public Sector, Retail And Consumer Goods, Manufacturing), By Application (Storage, Backup, And Disaster Recovery, Application Development And Testing, Database Management, Business Analytics, Integration And Orchestration, Customer Relationship Management), By Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud), By Organization Size (Large Enterprises, Small And Medium Enterprises) Market Size, Trends, And Global Forecast 2022-2026

Interested to know more about The Business Research Company?

The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.

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The Business Research Companys flagship product, Global Market Model, is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.

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Artificial Intelligence (AI) In Drug Discovery Market Growth Is Driven At A 30% Rate With Increasing Adoption Of Cloud-Based Applications And Services...

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AI reskilling: A solution to the worker crisis – VentureBeat

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We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!

By 2025, the World Economic Forum estimates that 97 million new jobs may emerge as artificial intelligence (AI) changes the nature of work and influences the new division of labor between humans, machines and algorithms. Specifically in banking, a recent McKinsey survey found that AI technologies could deliver up to $1 trillion of additional value each year. AI is continuing its steady rise and starting to have a sweeping impact on the financial services industry, but its potential is still far from fully realized.

The transformative power of AI is already impacting a range of functions in financial services including risk management, personalization, fraud detection and ESG analytics. The problem is that advances in AI are slowed down by a global shortage of workers with the skills and experience in areas such as deep learning, natural language processing and robotic process automation. So with AI technology opening new opportunities, financial services workers are eager to gain the skills they need in order to leverage AI tools and advance their careers.

Today, 87% of employees consider retraining and upskilling options at workplaces very important, and at the same time, more companies ranked upskilling their workforce as a top-5 business priority now than pre-pandemic. Companies that dont focus on powering AI training will fall behind in a tight hiring market. Below are some key takeaways for business leaders looking to prioritize reskilling efforts at their organization.

Any digital transformation requires leaders to focus their investments on two modern sources of competitive advantage: data and people. First, boosting data literacy across the organization helps line of business and domain experts (Sales, HR, Marketing, Financial Analysts, etc.) collaborate with AI and machine learning experts, which is critical to move beyond proof of concepts and experimentation.

For AI tools to be deployed at scale, those employees whose jobs involve interactions with AI systems need to understand how those systems work and what the constraints and limitations might be. Reskilling these individuals may include how to interpret the results of the AI/ML models or how to intervene with AI/ML experts when the results seem off.

A recent McKinsey study found that effective reskilling is 20% more cost-effective than a hiring and firing approach, and utilizing the right tools and technology can help companies accomplish their reskilling goals.

Importantly, before taking on any AI reskilling efforts, banks and financial services organizations need to first understand what outcome theyre driving towards and what skills are required. An employee self-assessment survey that focuses on necessary skills can help companies determine a customized curriculum and plan based on the existing skills gaps.

The notion of a one-size-fits-all training program or that employees need to take significant time away from the office to attend courses is no longer relevant. Utilizing digital learning platforms like Skillsoft, Udacity, or Udemy, or integrating content into mainstream work systems can make employees reskilling experiences more user-friendly. Platforms like WalkMe can help employees learn complex software systems quickly, and Axonify can deliver 5- to 10-minute microlearning sessions to employees within their daily workflow. For an even more customized approach, companies may opt to build their own programs with the help of industry consultants and professors who are experts in their field.

A Deloitte survey found that 94% of employees would stay at a company if it helped them develop and learn new skills, but only 15% can access learning opportunities directly related to their jobs. AI reskilling offers an immense opportunity for both financial services companies and their employees, but it can be daunting to consider monetary and time investments needed with reskilling efforts. The good news is that businesses can often utilize existing company tools instead of purchasing all new software.

Here are three excellent sources to help accelerate AI/ML training and implementation:

Investing in employees skills and knowledge can build a positive company culture and reduce turnover by boosting employees confidence and productivity, and it creates a more well-rounded workforce that increases teams effectiveness.

AI reskilling efforts can also help financial services organizations make better progress on their diversity, equity and inclusion methods by making learning more accessible to individuals who have faced barriers to higher education. To address this and the skills gap, banks including Bank of America, BBVA, Capital One, CIBC and JPMorgan Chase have invested in job training and reskilling efforts for their employees.

Bank of Americas career tools and resources have helped more than 21,000 employees find new roles at the company. Consistent training of new technologies and certifications are an investment in shaping the workforce of the future and will help to ensure that employees stay ahead of current trends and industry demands.

As a leader at an organization focused on data and AI, we always look to the data to show what we should prioritize internally and this includes what we should focus on in our AI reskilling efforts. When measuring the success of reskilling programs and initiatives, a recent LinkedIn study found that todays measures assessing the impact of training programs relied primarily on soft metrics, including completion rates, satisfaction scores and employee feedback.

This is a missed opportunity as company leaders can and should consider utilizing harder metrics that measure business value including increases in employee retention, productivity or revenue, to gain the most helpful insights from their reskilling initiatives. If its not working well, companies can consider bringing in new technologies or tools, or adjusting their program and overall experience to make it successful in the future, and by doing so, continue to stay ahead in the competitive war for talent.

In Jamie Dimons latest shareholder letter to JPMorgan investors, he points out: Our most important asset far more important than capital is the quality of our people. He continues, technology always drives change, but now the waves of technological innovation come in faster and faster.

Since companies that reskill their employees are more productive, produce positive economic returns and see increased employee satisfaction, theres no better time to start than now.

Junta Nakai, RVP and global industry leader of financial services at Databricks.

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AI reskilling: A solution to the worker crisis - VentureBeat

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