AFP

US embassy in Cuba to resume 'full visa processing' in 2023

The US embassy in Cuba said Wednesday it would resume “full immigrant visa processing” next year for the first time since 2017, when the mission was closed over alleged sonic attacks on diplomatic staff.

The announcement came as Cuba is experiencing an unprecedented exodus of undocumented migrants amid the communist country’s worst economic crisis in 30 years due to ramped-up US sanctions and the coronavirus pandemic.

“This change will… eliminate the need for Cubans applying for immigrant visas in family preference categories to travel outside of Cuba to Georgetown, Guyana for their interviews,” the embassy said in a statement.

The United States evacuated its diplomatic staff and their families in 2017 after at least two dozen people suffered brain injuries that resembled concussion, but with no exterior signs of trauma.

US officials accused Cuba of carrying out “health attacks” using some sort of acoustic or microwave device, a charge Havana angrily rejected.

A US government report in 2020 said the illnesses suffered by staff and their families were most likely caused by “directed, pulsed radio frequency (RF) energy.”

The embassy closure made obtaining a visa an expensive nightmare for Cubans, who now had to travel to a third country, at their own cost, to put in an application.

Many have sought to make it to US shores even without a visa, many trying their luck without travel documents on long, dangerous journeys by sea or by road via Central America.

According to US border police, a record 198,000 Cubans illegally entered the United States in the last 11 months.

The US embassy resumed limited visa services in Havana in May, but announced “full resumption” from early 2023, enabled by an increase in embassy personnel.

According to existing immigration agreements, the United States is supposed to authorize at least 20,000 immigrant visas a year to Cubans.

However those agreements were suspended in 2018 by former president Donald Trump, whose administration also refused to meet with the Cuban government.

Annual migration talks between Havana and Washington resumed earlier this year.

US stocks fall, dollar gains as Fed unveils latest big rate hike

Wall Street stocks tumbled and the dollar rallied Wednesday after the Federal Reserve announced another large interest rate increase and signaled it expects more monetary tightening ahead to fight inflation.

The US central bank announced its third consecutive interest rate increase of 0.75 percentage point, continuing the forceful action to tamp down inflation that has surged to the highest in 40 years.

US stocks had climbed ahead of the announcement, following positive sessions on leading European bourses and declines in Asia. 

Equities gyrated after the Fed press release before taking a final decisive push lower during Fed Chair Jerome Powell’s news conference. The S&P 500 ended down 1.7 percent.

“The higher-for-longer narrative kicked in,” Art Hogan, analyst of B. Riley Wealth Management, said of the market’s reaction to an announcement that was more “hawkish” than expected.

Markets had been expecting another big interest rate increase, but were caught off guard by the Fed’s outlook as far as the need for additional hikes. 

The latest Fed statement included interest rate projections for the end of 2023 and 2024 that are higher than the previous forecasts, signaling the US central bank now sees the need for a more prolonged monetary tightening cycle in light of inflation trends.

Powell emphasized the need for a “restrictive” monetary policy.

He acknowledged that bringing inflation down will require a period of slower growth and higher unemployment, noting that the job market is out of sync, with far more openings than workers.

“We have got to get inflation behind us,” Powell said. “I wish there were a painless way to do that. There isn’t.”

“The Fed is having to be cruel in order to restore price stability,” noted Russ Mould, investment director at AJ Bell.

“Higher rates will cause pain to households and businesses, with the jobs market being closely watched for signs of redundancies and hiring freezes.”

The Fed announcement also boosted the dollar, which hit a near 20-year peak against the euro.

“Once again, the Fed’s hawkish rate guidance kept the dollar biased higher as it distinguishes America’s central bank from its less aggressive counterparts abroad,” said Convera’s Joseph Manimbo.

The British pound also tumbled, even as the Bank of England prepares to announce its own large interest rate hike Thursday.

Although European and US equity indices were advancing ahead of the Fed’s decision, City Index analyst Fawad Razaqzada said he believes “the path of least resistance is to the downside and the selling pressure will likely resume amid a bearish macro-outlook.”

Elsewhere, oil prices finished lower on worries about weakening US demand, reversing a rally earlier on worries about the escalating Russia-Ukraine conflict after President Vladimir Putin called up Russian military reservists.

– Key figures at around 2030 GMT –

New York – Dow: DOWN 1.7 percent at 30,183.78 (close)

New York – S&P 500: DOWN 1.7 percent at 3,789.93 (close)

New York – Nasdaq: DOWN 1.8 percent at 11,220.19 (close)

London – FTSE 100: UP 0.6 percent at 7,237.64 (close)

Frankfurt – DAX: UP 0.8 percent at 12,6767.15 (close)

Paris – CAC 40: UP 0.9 percent at 6,031.33 (close)

EURO STOXX 50: UP 0.7 percent at 3,491.87 (close)

Tokyo – Nikkei 225: DOWN 1.4 percent at 27,313.13 (close)

Hong Kong – Hang Seng Index: DOWN 1.8 percent at 18,444.62 (close)

Shanghai – Composite: DOWN 0.2 percent at 3,117.18 (close)

Pound/dollar: DOWN at $1.1275 from $1.1381 Tuesday

Euro/dollar: DOWN at $0.9847 from $0.9971

Euro/pound: DOWN at 87.31 pence from 87.61 pence 

Dollar/yen: UP at 144.02 yen from 143.75 yen

Brent North Sea crude: DOWN 0.9 percent at $89.83 per barrel

West Texas Intermediate: DOWN 1.2 percent at $82.94 per barrel

burs-jmb/bfm

US stocks fall, dollar gains as Fed unveils latest big rate hike

Wall Street stocks tumbled and the dollar rallied Wednesday after the Federal Reserve announced another large interest rate increase and signaled it expects more monetary tightening ahead to fight inflation.

The US central bank announced its third consecutive interest rate increase of 0.75 percentage point, continuing the forceful action to tamp down inflation that has surged to the highest in 40 years.

US stocks had climbed ahead of the announcement, following positive sessions on leading European bourses and declines in Asia. 

Equities gyrated after the Fed press release before taking a final decisive push lower during Fed Chair Jerome Powell’s news conference. The S&P 500 ended down 1.7 percent.

“The higher-for-longer narrative kicked in,” Art Hogan, analyst of B. Riley Wealth Management, said of the market’s reaction to an announcement that was more “hawkish” than expected.

Markets had been expecting another big interest rate increase, but were caught off guard by the Fed’s outlook as far as the need for additional hikes. 

The latest Fed statement included interest rate projections for the end of 2023 and 2024 that are higher than the previous forecasts, signaling the US central bank now sees the need for a more prolonged monetary tightening cycle in light of inflation trends.

Powell emphasized the need for a “restrictive” monetary policy.

He acknowledged that bringing inflation down will require a period of slower growth and higher unemployment, noting that the job market is out of sync, with far more openings than workers.

“We have got to get inflation behind us,” Powell said. “I wish there were a painless way to do that. There isn’t.”

“The Fed is having to be cruel in order to restore price stability,” noted Russ Mould, investment director at AJ Bell.

“Higher rates will cause pain to households and businesses, with the jobs market being closely watched for signs of redundancies and hiring freezes.”

The Fed announcement also boosted the dollar, which hit a near 20-year peak against the euro.

“Once again, the Fed’s hawkish rate guidance kept the dollar biased higher as it distinguishes America’s central bank from its less aggressive counterparts abroad,” said Convera’s Joseph Manimbo.

The British pound also tumbled, even as the Bank of England prepares to announce its own large interest rate hike Thursday.

Although European and US equity indices were advancing ahead of the Fed’s decision, City Index analyst Fawad Razaqzada said he believes “the path of least resistance is to the downside and the selling pressure will likely resume amid a bearish macro-outlook.”

Elsewhere, oil prices finished lower on worries about weakening US demand, reversing a rally earlier on worries about the escalating Russia-Ukraine conflict after President Vladimir Putin called up Russian military reservists.

– Key figures at around 2030 GMT –

New York – Dow: DOWN 1.7 percent at 30,183.78 (close)

New York – S&P 500: DOWN 1.7 percent at 3,789.93 (close)

New York – Nasdaq: DOWN 1.8 percent at 11,220.19 (close)

London – FTSE 100: UP 0.6 percent at 7,237.64 (close)

Frankfurt – DAX: UP 0.8 percent at 12,6767.15 (close)

Paris – CAC 40: UP 0.9 percent at 6,031.33 (close)

EURO STOXX 50: UP 0.7 percent at 3,491.87 (close)

Tokyo – Nikkei 225: DOWN 1.4 percent at 27,313.13 (close)

Hong Kong – Hang Seng Index: DOWN 1.8 percent at 18,444.62 (close)

Shanghai – Composite: DOWN 0.2 percent at 3,117.18 (close)

Pound/dollar: DOWN at $1.1275 from $1.1381 Tuesday

Euro/dollar: DOWN at $0.9847 from $0.9971

Euro/pound: DOWN at 87.31 pence from 87.61 pence 

Dollar/yen: UP at 144.02 yen from 143.75 yen

Brent North Sea crude: DOWN 0.9 percent at $89.83 per barrel

West Texas Intermediate: DOWN 1.2 percent at $82.94 per barrel

burs-jmb/bfm

US leads new pledges to fight child malnutrition

The United States on Wednesday announced new pledges for $280 million to fight childhood malnutrition through the supply of ready-to-eat packets in nations suffering from acute food shortages.

At an event on the sidelines of the UN General Assembly, the US Agency for International Development said the new funds were raised to stop childhood wasting, the low weight-for-height caused by poor nutrition.

USAID chief Samantha Power said that on a recent visit to Kenya, she had seen babies “just a few months old, born into hunger, who are too weak to cry.”

“The truth is, wasting is treatable,” Power said at the event with the United Nations children’s agency UNICEF. 

“Complex cases require more specialized medical attention, but for straightforward cases caught early, treatment is cost-effective and can be done at home,” she said.

“Yet only a third of children suffering from wasting today receive the treatment they need. And with more funding, better delivery systems and improved access to health care, we can empower communities to save their children’s lives.”

USAID had promised $200 million in July. The latest contributions, which bring the total to $280 million, include commitments by non-governmental foundations and member states including Canada, Ireland and the Netherlands.

So-called ready-to-use therapeutic foods are pastes of high nutritional value that are given to children who suffer severe wasting.

Invented by French researcher Andre Briend, they can be consumed directly and have long shelf lives.

Power said a full course of the therapeutic packets takes several weeks and requires monitoring by a health worker, with the treatment costing a little more than $100 per child.

The event, also organized with non-governmental organizations and Senegal, came hours after US President Joe Biden promised $2.9 billion in new funding to fight global food insecurity.

Food shortages have been worsened by Russia’s invasion of Ukraine, a major grain exporter, with Somalia threatened by famine following successive failed rainy seasons.

UN raises funds to salvage stricken oil tanker off Yemen

The United Nations said Wednesday it has raised the $75 million necessary to salvage a stricken tanker off Yemen, an emergency operation aimed at averting a disastrous Red Sea oil spill — and a potential $20 billion cleanup.

The decaying 45-year-old FSO Safer, long used as a floating storage platform and now abandoned off the rebel-held Yemeni port of Hodeida, has not been serviced since Yemen plunged into civil war more than seven years ago. 

UN officials last month warned that the ship — which contains four times the amount of oil spilled in the Exxon Valdez disaster in 1989 — was a ticking environmental time bomb requiring immediate action.

“We are able to announce we have now pledges and commitment sufficient to start the FSO Safer salvage operation,” said David Gressly, the UN resident and humanitarian coordinator in Yemen and leader of the global body’s efforts on the Safer.

“It’s a very key milestone,” he said, adding that donor pledges have now topped $77 million.

Yemen is suffering one of the world’s worst humanitarian crises due to the war between the government and Huthi rebels who control the port of Hodeida.

The ship in question contains 1.1 million barrels of oil. The United Nations has said a spill could destroy ecosystems, shut down the fishing industry and close the lifeline Hodeida port for six months.

The result would potentially be the fifth largest oil spill from a tanker in history, with the clean-up costs alone reaching $20 billion.

The first phase of the salvage operation would stabilize the FSO Safer and transfer the oil to another vessel. 

A second phase involving long-term storage of the cargo is estimated to cost another $38 million. 

“We believe that we could meet that in a timely fashion,” Gressly said of the cost.

Fed hikes rates again, warns inflation fight can't be 'painless'

The Federal Reserve rolled out another steep increase in the key US interest rate Wednesday and said more hikes are coming as part of the battle to rein in soaring prices — an aggressive stance that has raised fears of a recession.

And Federal Reserve Chair Jerome Powell warned that the process of conquering the highest inflation in 40 years will involve some pain.

It was the third consecutive increase of 0.75 percentage point by the Fed’s policy-setting Federal Open Market Committee (FOMC), continuing the forceful action that has included five hikes this year.

The increase takes the policy rate to 3.0-3.25 percent, and the FOMC said it anticipates that “ongoing increases… will be appropriate.”

Soaring prices are putting the squeeze on American families and businesses, and have become a political liability for President Joe Biden as he faces midterm congressional elections in early November.

But a contraction of the world’s largest economy would be a more damaging blow to Biden, and the world at large.

Powell has made it clear officials will continue to act aggressively to cool the economy and avoid a repeat of the 1970s and early 1980s, the last time US inflation got out of control.

It took tough action — and a recession — to finally bring prices down in the 1980s, and the Fed is unwilling to give up its hard-won, inflation-fighting credibility.

Amid criticism the Fed waited too long to move, Powell said the US central bank is committed to raising interest rates and keeping them high until inflation comes down, and he warned against reversing course too soon.

“The historical record cautions strongly against prematurely loosening policy,” Powell told reporters.

He said there is no room for complacency and the Fed will “keep at it until the job is done,” although at some point it will be appropriate to slow the pace of rate increases, depending on the data.

– Pain –

He acknowledged that bringing inflation down will require a period of slower growth and higher unemployment, noting that the job market is out of sync, with far more openings than workers.

“We have got to get inflation behind us. I wish there were a painless way to do that. There isn’t.”

But he said continued high inflation would be even more painful, especially on those least able to withstand it.

Economist Diane Swonk of KPMG said Powell “has stopped sugar-coating” what the battle to tame inflation will entail: “Growth will weaken and the unemployment rate will move up.”

The Fed’s quarterly forecasts released with the rate decision Wednesday show FOMC members expect US GDP growth to virtually flatline this year, rising just 0.2 percent. But they see a return to expansion in 2023, with annual growth of 1.2 percent.

They project further rate hikes this year — totaling 1.25 percentage points — and more in 2023, with no cuts until 2024.

While the FOMC noted continued “robust” job gains in recent months and low unemployment, the forecasts project the jobless rate will rise to 4.4 percent next year and hold around that level through 2025 from 3.7 percent in August.

Inflation is a global phenomenon amid the Russian war in Ukraine on top of global supply chain snarls and Covid lockdowns in China, and other major central banks are taking action as well.

Despite a welcome drop in gasoline prices at the pump in recent weeks, the disappointing consumer price report for August showed widespread increases. 

The FOMC statement noted the “broader price pressures” beyond food and energy, and stressed that officials are “strongly committed to returning inflation to its 2 percent objective.”

The rate hikes raise the cost of borrowing and cool demand, and it is having an impact: The housing market has slowed as mortgage rates have surged.

Many economists say at least a short period of negative US GDP in the first half of 2023 will be needed before inflation starts coming down.

Nancy Vanden Houten of Oxford Economics said the updated Fed forecasts acknowledge “the toll that higher rates will take on the economy,” but she said “their projections are more optimistic than our own.”

Stocks on Wall Street turned negative following the announcement and closed the day with steep losses, with all three major indices dropping at least 1.7 percent.

Meanwhile the US dollar soared to a 20-year high.

Fed hikes rates again, warns inflation fight can't be 'painless'

The Federal Reserve rolled out another steep increase in the key US interest rate Wednesday and said more hikes are coming as part of the battle to rein in soaring prices — an aggressive stance that has raised fears of a recession.

And Federal Reserve Chair Jerome Powell warned that the process of conquering the highest inflation in 40 years will involve some pain.

It was the third consecutive increase of 0.75 percentage point by the Fed’s policy-setting Federal Open Market Committee (FOMC), continuing the forceful action that has included five hikes this year.

The increase takes the policy rate to 3.0-3.25 percent, and the FOMC said it anticipates that “ongoing increases… will be appropriate.”

Soaring prices are putting the squeeze on American families and businesses, and have become a political liability for President Joe Biden as he faces midterm congressional elections in early November.

But a contraction of the world’s largest economy would be a more damaging blow to Biden, and the world at large.

Powell has made it clear officials will continue to act aggressively to cool the economy and avoid a repeat of the 1970s and early 1980s, the last time US inflation got out of control.

It took tough action — and a recession — to finally bring prices down in the 1980s, and the Fed is unwilling to give up its hard-won, inflation-fighting credibility.

Amid criticism the Fed waited too long to move, Powell said the US central bank is committed to raising interest rates and keeping them high until inflation comes down, and he warned against reversing course too soon.

“The historical record cautions strongly against prematurely loosening policy,” Powell told reporters.

He said there is no room for complacency and the Fed will “keep at it until the job is done,” although at some point it will be appropriate to slow the pace of rate increases, depending on the data.

– Pain –

He acknowledged that bringing inflation down will require a period of slower growth and higher unemployment, noting that the job market is out of sync, with far more openings than workers.

“We have got to get inflation behind us. I wish there were a painless way to do that. There isn’t.”

But he said continued high inflation would be even more painful, especially on those least able to withstand it.

Economist Diane Swonk of KPMG said Powell “has stopped sugar-coating” what the battle to tame inflation will entail: “Growth will weaken and the unemployment rate will move up.”

The Fed’s quarterly forecasts released with the rate decision Wednesday show FOMC members expect US GDP growth to virtually flatline this year, rising just 0.2 percent. But they see a return to expansion in 2023, with annual growth of 1.2 percent.

They project further rate hikes this year — totaling 1.25 percentage points — and more in 2023, with no cuts until 2024.

While the FOMC noted continued “robust” job gains in recent months and low unemployment, the forecasts project the jobless rate will rise to 4.4 percent next year and hold around that level through 2025 from 3.7 percent in August.

Inflation is a global phenomenon amid the Russian war in Ukraine on top of global supply chain snarls and Covid lockdowns in China, and other major central banks are taking action as well.

Despite a welcome drop in gasoline prices at the pump in recent weeks, the disappointing consumer price report for August showed widespread increases. 

The FOMC statement noted the “broader price pressures” beyond food and energy, and stressed that officials are “strongly committed to returning inflation to its 2 percent objective.”

The rate hikes raise the cost of borrowing and cool demand, and it is having an impact: The housing market has slowed as mortgage rates have surged.

Many economists say at least a short period of negative US GDP in the first half of 2023 will be needed before inflation starts coming down.

Nancy Vanden Houten of Oxford Economics said the updated Fed forecasts acknowledge “the toll that higher rates will take on the economy,” but she said “their projections are more optimistic than our own.”

Stocks on Wall Street turned negative following the announcement and closed the day with steep losses, with all three major indices dropping at least 1.7 percent.

Meanwhile the US dollar soared to a 20-year high.

As tiny Tuvalu sinks, PM fights to save the archipelago's identity

The flag of Tuvalu contains nine yellow stars — one for each of the islands that make up the tiny Pacific archipelago, home to some 11,000 people. 

Today, however, two of those atolls are on the verge of being swallowed by rising sea levels as a result of the global climate crisis that has already done irreversible harm and will likely leave the nation uninhabitable in the coming decades.

What happens to a country when it disappears beneath the waves, when all its people are forced to leave?

“That is exactly the idea behind the Rising Nations Initiative — to convince members of the UN to recognize our nation, even if we are submerged underwater, because that is our identity,” Prime Minister Kausea Natano told AFP on the margins of the UN General Assembly.

Vague promises and messages of sympathy from the international community have done little for Pacific atoll countries, which began a push Wednesday for a formal legal process to retain their statehood, should the worst come to pass.

The plan aims to reaffirm the international community’s commitment to Tuvalu and other island nations’ sovereignty.

It would also create a repository for the islands’ cultural heritage and designate them as UNESCO World Heritage sites, as well as increase financial support for adaptation measures. 

Already, the situation is dire. 

As so-called “floating islands” that aren’t directly connected to the ground below, atolls sit on top of “lenses” of freshwater, which are increasingly permeated by saltwater as oceans rise.

That has left them dependent on rainwater for drinking and agriculture — and Tuvalu is now into its sixth month of drought.

“We have to deploy desalination plants, but they are very expensive, they consume very high amounts of electricity,” explained Natano.

The archipelago’s islands barely break the surface of the ocean, reaching 15 feet at the highest point, but more like four or five feet in other places. 

This leaves the islands prone to exceptionally high “King Tides” that wash away root crops, including former island staples taro and cassava, and salt the earth, added Natano. 

The circumstances are deeply inequitable: Pacific island nations are among the least responsible for planetary heating, accounting for just 0.03 percent of global emissions. 

But even if the world’s polluting nations correct course and meet the goal of limiting warming to 1.5C, it could be too late to save the most vulnerable countries like the Marshall Islands and Tuvalu.

– ‘We live as a community’ –

Natano recalls that more people began leaving — to New Zealand, Australia and the United States — after devastating Cyclone Pam struck in 2015, though for now, opportunities for migration remain limited by tough border policies.

“In Tuvalu we live as a community,” said Natano, visibly moved. “Even the people who leave don’t want to go, they just look at their children and grandchildren and know they have to look for a future for them.”

The country has joined calls for so-called “loss and damage” compensation from rich nations based on their historic and ongoing contribution to the climate crisis, but the issue remains contentious. 

Natano still hopes, however, to get the assistance his country needs so the people can remain on their land.

There are preliminary discussions on ways to formally apply for a separate identity within other countries, but these are a “last resort,” he said.

“When you’re in Australia, you will become Australian, same for New Zealand,” he added.

“We want to stay in our country, practice our culture and traditions and maintain our legacy.”

American, Russians reach space station as war rages in Ukraine

A US astronaut and two Russian cosmonauts have arrived safely at the International Space Station (ISS), NASA said Wednesday, after blasting off on a Russian-operated flight in a rare instance of cooperation between Moscow and Washington.

The Russian space agency Roscosmos and NASA both distributed live footage of the launch from Kazakhstan and commentators speaking over the feed said it was stable and the crew was “feeling well”.

NASA’s Frank Rubio and Russia’s Sergey Prokopyev and Dmitry Petelin made up the crew that launched from the Russia-leased Baikonur cosmodrome at 1354 GMT.

The three will spend six months on the ISS along with three other Russian cosmonauts, three other US astronauts and one Italian.

Rubio is the first US astronaut to travel to the ISS on a Russian Soyuz rocket since President Vladimir Putin sent troops into pro-Western Ukraine on February 24.

In response, Western capitals including Washington have hit Moscow with unprecedented sanctions and bilateral ties have sunk to new lows.

Space is one of the last remaining areas of cooperation between the two countries.

Russia’s only active female cosmonaut, Anna Kikina, is expected to travel to the orbital station in early October aboard a SpaceX Crew Dragon. 

She will become only the fifth professional woman cosmonaut from Russia or the Soviet Union to go into space, and the first Russian to fly aboard a spacecraft of SpaceX, the company of billionaire Elon Musk.

Russian cosmonauts and Western astronauts have sought to steer clear of the conflict that is raging back on Earth, especially when in orbit together.

A collaboration among the United States, Canada, Japan, the European Space Agency and Russia, the ISS is split into two sections: the US Orbital Segment and the Russian Orbital Segment.

– Russia leaving ISS –

At present, the ISS depends on a Russian propulsion system to maintain its orbit, about 250 miles (400 kilometres) above sea level, with the US segment responsible for electricity and life support systems.

Tensions in the space field have grown since Washington announced sanctions on Moscow’s aerospace industry — triggering warnings from Russia’s former space chief Dmitry Rogozin, an ardent supporter of the Ukraine war.

Rogozin’s recently appointed successor Yuri Borisov later confirmed Russia’s long-mooted move to leave the ISS after 2024 in favour of creating its own orbital station.

US space agency NASA called the decision an “unfortunate development” that would hinder scientific work on the ISS.

Space analysts say  construction of a new orbital station could take more than a decade, and Russia’s space industry — a point of national pride — would not be able to flourish under heavy sanctions.

The ISS was launched in 1998 at a time of hope for US-Russia cooperation following their Space Race competition during the Cold War.

During that era, the Soviet space programme boomed. It boasted a number of accomplishments that included sending the first man into space in 1961 and launching the first satellite four years earlier.

Experts say Roscosmos is now a shadow of its former self and has in recent years suffered a series of setbacks, including corruption scandals and the loss of a number of satellites and other spacecraft.

Russia’s years-long monopoly on manned flights to the ISS is also gone, to SpaceX, along with millions of dollars in revenue. 

Spain grants personhood status to threatened lagoon

Spain granted personhood status Wednesday to a large saltwater lagoon to give its threatened ecosystem better protection, the first time such a measure has been taken in Europe.

The initiative to grant the status to the Mar Menor — one of Europe’s largest saltwater lagoons — was debated in parliament after campaigners collected over 500,000 signatures backing it.

It now becomes law after Spain’s Senate, the upper house of parliament, voted in favour of the proposal, with only far-right party Vox opposing it.

This will allow the rights of the lagoon located in southeastern Spain to be defended in court, as though it were a person or business.

“The Mar Menor becomes the first European ecosystem with its own rights after the Senate approved the bill to give it a legal identity,” the president of the Senate, Ander Gil, tweeted after the vote.

The lagoon will now be legally represented by a group of caretakers made up of local officials, scientists who work in the area and local residents.

Ecologists have for years warned that the Mar Menor is slowly dying due to the runoff of fertilisers from nearby farms.

In August 2021, millions of dead fish and crustaceans began washing up on the shores of the lagoon, which experts blamed on agricultural pollution.

They argue that sealife died due to a lack of oxygen caused by hundreds of tonnes of fertiliser nitrates leaking into the waters causing a phenomenon known as eutrophication which collapses aquatic ecosystems.

Two similar catastrophic pollution events occurred in 2016 and 2019.

Ecologists in October 2021 submitted a formal complaint to the EU over what they called Spain’s “continued failure” to protect the Mar Menor, which they warned was on the brink of “ecological collapse”.

The following month the Spanish government unveiled a 382-million-euro ($377 million) plan to regenerate the lagoon.

It outlines several environmental regeneration projects to support biodiversity in and around the lagoon, including the creation of a 1.5-kilometre (one mile) buffer zone along the Mar Menor’s shores.

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