Professional Documents
Culture Documents
With demand for basic commodities such as wheat and copper set to soar over
the next 20 years, relatively small shocks to supply risk causing sudden price
rises and triggering "overreactions or even militarised responses", says a report
by the Chatham House think tank. Global trade is so interconnected that no
importer of resources is insulated from the problems of key exporters – a fact of
concern to the UK, which imports 40 per cent of its food and a high proportion
of the fossil fuels and metals it consumes, the think tank warns.
The price of the average commodity, including everything from corn and soya to
nickel and iron ore, has soared by 147 per cent in real terms since 2000 as
fast-growing countries such as China demand ever-more resources, while the
global population rises and weather increasingly deviates from traditional
patterns.
The "Resources 30" coalition's "first task should be to tackle price shocks", the
report says. It should then devise guidelines on the use of export restrictions
and push for greater transparency among state-owned resource companies.
Food, metal and fuel prices have been nearly four times as volatile since 2005
than they were in the preceding 25 years, according to figures from the
International Monetary Fund.
Furthermore, the report warns, the trend is set to accelerate, with global steel
demand to soar by 90 per cent by 2030, copper to rise by 60 per cent and gas
by 44 per cent.
In the past decade, resource trade has grown by nearly a half in weight terms,
as the global use of coal, palm oil and iron ore has grown by between 5 and 10
per cent a year and consumption of oil, copper, wheat and rice has risen by 2
per cent.
More than 700 delegates from around 70 countries were present at the
12th Eurasian Media Forum in Astana, the capital of Kazakhstan. Famous
politicians, journalists and top media executives discussed a wide range of
topics – from global crisis to country branding.
“During the year we analyse the events which appear most in the media, and
which provoke a lot of emotion. We collect information, analyse it and draw up
a programme for the forum,” explained Ruslan Zhemkov, Director General of
EMF.
Questions included, “How does globalisation effect reality in the 21st century?”
and “is there a new global order?”. From one delegate there was a rather
pessimistic point of view.
“I don’t think there is a new global order. I think there is an emerging world
technology, and there is an emerging world economy, but I think that
politicians and governments are generations behind, and you will see more
disorder in the next 50 years, and we need to learn how to manage the disorder
so it does not cause major damage,” opined Newt Gingrich, the former Speaker
of the US House of Representatives
Everyone in the hall could join the discussions and there were some incisive
questions from the audience.
“This forum is an open platform for a battle of opinions. Many speakers are
often diametrically opposed in their thinking leading to robust discussions,”
said euronews correspondent Galina Polonskaya who was at the forum.
The Middle East Tinderbox – Who holds the key to resolving the conflict in
Syria?”. That was a title of one of the discussions.
“People are aware of every disaster on earth; a tsunami in Indonesia comes into
every home within hours, but especially wars. From war to war it became
clearer that leaders will have to take into account the sensitivity of their own
public to the price of war,” stressed Ehud Barak, former Prime Minister of
Israel.
The tsunami of social media has hit a new generation many of whom don’t even
have a land line at home. Could it really replace newspapers,magazines, radio
and TV? Even though some believe it could happen, most analysts doubt it will.
“I don’t think social media is evil, but I do think that you need to be careful in
describing tweeting as journalism, because I am not sure it is journalism; old
fashion reporting still has its role to play,” said Stephen Dunbar-Johnson,
International President for New York Times.
Internet and social media played a crucial role in the election of President
Barack Obama. One of the delegates at the Eurasia Forum Roger Fisk, created
the strategy that helped the US president win two elections.
“For the first time ever, at least in American political history, we invited people
to come into our website and create a profile, import their contacts, and then
we allowed them to use our website as a tool to actually not just get the news
about our political activity but to create their own political activity. It was
called My BarackObama.com,” he explained.
Simon Anholt is an image maker for nations. He invented the term “national
branding”. He has advised dozens of heads of states and governments on how
to create an image for their own country. He is sure that a good image is the
synonym of a good life in that particular country and insists that self-publicity
is a waste of money.
“We live in an age of enormous challenges, climate change, nuclear
proliferation, terrorism, human’s rights, children’s rights, etc. Any country, if
it takes one of those issues and it demonstrates some progress on one of those
issues, then it will quickly earn a good reputation,” he said.
This cross fertilization of opinions aims to look into the future of our world and
will take place in a years’ time again. Preparations for the next Eurasian Media
Forum which unites Europe and Asia have already started.