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Russia Demands SWIFT Reconnection as Condition to Revive Black Sea Initiative

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Russia has set forth a key demand for the restoration of the Black Sea Initiative—reconnecting its Agricultural Bank, Rosselkhozbank, to the SWIFT financial system. This request, which falls under the jurisdiction of the European Union (EU), comes amid ongoing negotiations between global powers on the war in Ukraine.

Partial Ceasefire and Black Sea Security Agreement

Following recent talks in Saudi Arabia, the United States announced that Russia and Ukraine had agreed to a partial ceasefire specifically covering energy facilities. While this fell short of the broader ceasefire pushed by former President Donald Trump, the parties also agreed on measures to ensure the safe navigation of commercial vessels in the Black Sea and to prevent their use for military purposes.

However, the Kremlin quickly detailed additional conditions, demanding the lifting of sanctions on food exports, fertilizers, agricultural machinery, and cargo insurance. Most notably, Russia is insisting that Rosselkhozbank and other financial institutions involved in agricultural trade be reinstated on SWIFT, a global messaging system that facilitates secure financial transactions.

EU’s Role and Sanctions History

SWIFT, headquartered in Belgium, falls under EU regulations. In response to Russia’s invasion of Ukraine, the EU removed several Russian banks from SWIFT in 2022, including Sberbank, Credit Bank of Moscow, and Rosselkhozbank. The exclusion was a significant blow to Russia’s financial system, as it restricted the country’s ability to conduct international transactions.

Rosselkhozbank, a state-owned institution, plays a critical role in facilitating payments for Russia’s agricultural exports, a major revenue source through the global sale of wheat, barley, and corn. While the EU has not directly sanctioned Russian agricultural exports, the banking restrictions have complicated payments for these transactions, leading to the collapse of the initial Black Sea Initiative brokered by Turkey and the United Nations.

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Diplomatic Tensions and Uncertain Outcomes

The demand to reinstate Rosselkhozbank puts the EU in a difficult position. Granting this request could signal a willingness to make concessions, potentially encouraging Russia to seek further sanctions relief. However, refusing it could provoke tensions with the Trump administration, which is eager to secure a ceasefire.

President Volodymyr Zelenskyy has consistently opposed easing sanctions, arguing that they must remain in place until Russia ends its military aggression. European Commission President Ursula von der Leyen echoed this stance, stating that sanctions would only be lifted after Russia takes concrete steps toward peace.

As EU sanctions require unanimous renewal every six months, any member state could disrupt the process. Hungary, which has previously expressed opposition to sanctions, could leverage this situation to push for changes when restrictions are up for review on July 31.

Future of SWIFT and Global Financial Pressures

While the EU holds the power to reinstate Rosselkhozbank’s SWIFT access, the U.S. could signal leniency by ensuring that those engaging with the bank avoid legal repercussions. Analysts suggest that Russia’s demand may be a strategic move to test both Washington and Brussels, pressuring the EU to reconsider its stance on financial restrictions.

For now, the EU remains firm in its approach. France has indicated that sanctions should remain unless Russia agrees to a full ceasefire, reparations, and security guarantees for Ukraine. However, with negotiations ongoing and international pressure mounting, the debate over SWIFT and broader sanctions relief is unlikely to fade anytime soon.

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New Tool Reveals Hidden Environmental Cost of Internet Use

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Scientists have developed a tool that shows how everyday internet activity impacts nature, revealing surprising environmental costs behind routine website visits. The internet is responsible for 3.7 percent of global carbon emissions, surpassing air travel. If the internet were a country, it would rank as the fourth-largest polluter in the world.

The tool, called Digital Impact for Species, was created by climate experts at the University of Exeter in partnership with Madeby.studio. It allows users to enter any website URL and see its hidden environmental footprint, including CO2 emissions, energy use, and water consumption.

“When we visit a website, we rarely think about the environmental impact,” said Dr. Marcos Oliveira Jr, project lead for Exeter’s nature and climate impact team. “But there is a high cost, from the energy consumed as the information travels from the data centre to your device, to the water used to cool servers.”

The tool translates environmental metrics into relatable natural comparisons. For example, YouTube.com, which processes billions of searches each month, is rated C, indicating room for improvement. Each page view generates 0.249 grams of CO2, consumes 0.0011 litres of water, and uses 0.62 watt-hours of energy. For every 9,000 monthly visits, the site requires 10 litres of water—enough to sustain a capuchin monkey for 77 days. CO2 emissions from that traffic would take a single Amazon rainforest tree 41 days to absorb, while the energy used is equivalent to 1,000 Anna’s hummingbirds’ daily energy consumption for 332 days.

The tool calculates these impacts using Google PageSpeed Insights to measure the size of resources loaded on a page, such as images, text, and video. It also checks whether the site is hosted on servers powered by renewable energy or fossil fuels, and applies the Sustainable Web Design Model to convert technical data into ecological terms.

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Researchers said the tool is intended to raise awareness rather than criticize specific websites. Dr. Oliveira Jr explained that it encourages discussion on how to create a more sustainable internet.

Experts suggest that website operators can reduce environmental impacts by simplifying pages, using fewer images, limiting fonts, avoiding unnecessary videos, and optimizing code. Hosting sites on renewable-energy servers also lowers the ecological footprint.

Consumers can contribute by minimizing unnecessary searches, but the responsibility largely lies with website hosts and developers. By making these changes, experts say it is possible to lower the internet’s environmental impact while maintaining accessibility and usability.

Digital Impact for Species is available online, offering a way for users to better understand the hidden cost of their digital habits and prompting both individuals and organizations to consider sustainability in online activity.

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European Police Dismantle 24 Labs, Seize 1,000 Tonnes of Chemicals in Major Synthetic Drug Bust

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European authorities have dismantled 24 industrial-scale laboratories and seized around 1,000 tonnes of chemicals used to produce synthetic drugs, dealing what officials called a “massive blow” to organized crime in the region. The drugs involved include MDMA, amphetamines, and methamphetamine.

Europol described the operation as the largest of its kind to date. “I’ve been in this business for a while. This is by far the largest-ever operation we did against synthetic drug production and distribution,” said Andy Kraag, head of Europol’s European Serious Organised Crime Centre. He added that the crackdown targeted groups responsible for the production and trafficking of synthetic drugs across multiple countries.

The year-long investigation involved law enforcement agencies from Belgium, the Czech Republic, Germany, the Netherlands, Poland, and Spain. Authorities arrested more than 85 individuals, including two suspected ringleaders from Poland. While most of those arrested were Polish nationals, Belgian and Dutch citizens are also believed to have participated in the criminal operations.

The investigation began in 2024 after Polish police identified a network importing large quantities of legal chemicals from China and India. Authorities later discovered that the chemicals were being repackaged, mislabelled, and distributed across the European Union to laboratories manufacturing synthetic drugs.

Kraag said the operation was part of a broader “supply-chain strategy” aimed at cutting off synthetic drug production at its source. “These criminal groups, they don’t have their supply anymore,” he said, noting that disrupting the flow of chemicals is key to dismantling the industry.

The operation also highlighted the wider risks associated with synthetic drug production. Beyond public health dangers, synthetic drug labs contribute to violence, corruption, and money laundering. Authorities seized more than 120,000 litres of toxic chemical waste, which criminals often dump on land or into waterways, creating serious environmental hazards. “Today, it’s profit for criminals. Tomorrow, it’s pollution,” Kraag said.

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Europol stressed that while this operation targeted one of Europe’s largest synthetic drug distributors, other networks remain active. “This is one of the biggest distributors. But it’s not the only one. So we’re still looking,” Kraag warned.

Officials said the crackdown would disrupt supply chains across multiple countries and reduce the availability of synthetic drugs in European markets. The operation reflects growing international cooperation in tackling organized crime and the dangers posed by large-scale drug production, both to public health and the environment.

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Climate Concerns Rise Over Sponsorships at 2026 Winter Olympics

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The 2026 Winter Olympics in northern Italy are facing mounting criticism over the environmental impact of their sponsorship deals, with scientists and athletes warning that the Games’ carbon footprint could threaten the future of winter sports.

A report by Scientists for Global Responsibility and the New Weather Institute, titled Olympics Torched, estimates that the Games themselves will produce around 930,000 tonnes of CO2 emissions. However, just three sponsorship agreements with major corporations could add 1.3 million tonnes more, more than doubling the total impact. The sponsors identified are oil and gas company Eni, car manufacturer Stellantis, and Italy’s national airline, ITA Airways, with Eni responsible for over half of the added emissions.

The report warns that the combined emissions could result in the loss of 5.5 square kilometres of snow cover in the Dolomites, equivalent to more than 3,000 Olympic-sized ice hockey rinks. Organisers have already announced plans to produce 2.4 million cubic metres of artificial snow for the Games, requiring 948,000 cubic metres of water, as warming temperatures continue to reduce natural snow and glaciers in the region.

“Even without the growing mountain of scientific evidence on the impact of global heating on winter sports, it is plain enough to anyone visiting actual mountains that snow cover is being lost and glaciers are melting,” said Stuart Parkinson, director of Scientists for Global Responsibility. He added that winter sports contribute directly to climate change through emissions and indirectly by promoting major polluters through sponsorship.

The report calls for urgent action, urging the Winter Olympics to end partnerships with high-carbon corporations, avoid new venue construction, and reduce spectator travel by air. Swedish cross-country skier Björn Sandström said the Games’ greatest influence is the signal they send to the world. “When that signal is driven by fossil-fuel sponsorship, it directly contradicts climate science and threatens the future of winter sport,” he said.

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Greenlandic biathlete Ukalew Slettermark echoed the concern, arguing that giving oil companies a platform at the Games is unjustifiable. “It’s a complete contradiction when the fossil fuel industry, the biggest contributor to climate change, is allowed to sponsor winter sports, which they are simultaneously threatening,” she said.

The report also highlights broader environmental challenges in the Alps. Italy has lost 265 ski resorts in the past five years due to rising temperatures, and recent studies show mountain regions are warming faster than lowland areas, putting winter sports at risk.

The Milan-Cortina Olympics, spread across the Dolomites, have become a focal point for debates about climate responsibility in global sporting events. Critics say sponsorship deals with polluting corporations undermine efforts to promote sustainability and could damage the credibility of winter sports in a warming world.

Euronews Green has reached out to the International Olympic Committee for comment.

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