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War, mismanagement and climate change: Iraq’s environment on the brink

From Fanack.com: From Saddam Hussein’s destruction of the unique Southern marshlands to the burning of croplands in Iraq’s greenbelt in 2019, the country’s valuable natural and cultural resources are being degraded rapidly. At the same time, growing awareness of environmental issues has spurred the rise of groups that want to change the course of the country.

Does Iran’s water crisis play a role in its growing political turmoil?

Louis Proyect writes: As a rentier state, Iran’s economy was based on handouts rather than the production of manufactured goods. Cheap oil and subsidies made the massive use of pumps feasible just as was the case in neighbouring Syria. Groundwater extraction nearly quadrupled between the 1970s and 2000 while the number of wells rose five-fold.

How climate change and water woes drove ISIS recruiting in Iraq

From National Geographic: Already battered by decades of shoddy environmental policies, which had hobbled agriculture and impoverished its inhabitants, villages across rural Iraq and Syria were in no state to navigate the extra challenges of climate change. When ISIS came along, many of them quickly emerged as some of the deep-pocketed jihadists’ foremost recruiting grounds.

Dmitry Orlov: Negative interest rates and the impending global financial collapse

What the flashing neon words on the wall seem to be saying is: negative interest rates are on the way throughout the “developed world.” In due course, they will demolish any remaining value of the US dollar, and blow up the bond bubble. In turn, this financial collapse will trigger the next stage: commercial collapse.