Latest news with #affront
Straits Times
22-07-2025
- Business
- Straits Times
Seabed-mining firm faces legal questions over controversial Trump policy
The Metals Company CEO Gerard Barron speaking at the opening of the company's public trading, at Times Square in Manhattan, in 2021. Two months ago, President Donald Trump took an extraordinary step toward issuing permits to mine vast tracts of the ocean floor in international waters where valuable minerals are abundant. It was a boon to The Metals Company, an ambitious startup that had already spent more than a half-billion dollars preparing to become the world's first commercial seabed miner. Within days of Mr Trump's executive order, the company submitted its application to the federal government. As a result, some of the company's international partners are now questioning their relationships with The Metals Company. Mr Trump's order conflicts with a long-standing treaty known as the Law of the Sea, potentially exposing them to legal risks. The issue with The Metals Company's seabed-mining application is that nearly every country in the world, but not the United States, has signed the Law of the Sea treaty. Its language is clear: Mining in areas outside a country's territorial waters before nations agree on how to handle the practice is not just a breach of international law, but an affront to 'the common heritage of mankind'. In May, a Japanese firm that The Metals Company has partnered with in the past to process minerals from seabed-mining test runs, said it was 'carefully discussing the matter with TMC,' citing the importance of doing business with companies 'via a route that has earned international credibility'. In June, the Dutch parliament, noting that The Metals Company would be using a ship belonging to Allseas, a half-Dutch company, voted to request that the Dutch government 'take and support any possible (legal) action against the US and The Metals Company' if they mine in international waters. At this month's meetings of the International Seabed Authority, or ISA, which is a United Nations-affiliated body that administers the Law of the Sea, delegates hotly debated whether to strip The Metals Company and its partners of exploration permits it had obtained through the ISA in recent years and would soon need to extend. Top stories Swipe. Select. Stay informed. Singapore S'poreans aged 21 to 59 can claim $600 SG60 vouchers from July 22 Singapore Miscalculated grants: Overpayments amounted to $7m for most people, a shortage of $2m to others, says MOH Singapore Changi Airport handles 17.5 million passengers in Q2 2025 Singapore 2 charged over alleged involvement in posting of bail for man who subsequently absconded Singapore Teen charged after allegedly selling vaporisers, advertising e-cigarettes on WhatsApp Life Having a workout partner could be the secret to sticking to your fitness goals Singapore 2,500 turtles seized in India and sent back to S'pore, put down humanely after salmonella detected Singapore Ports and planes: The 2 Singapore firms helping to keep the world moving In an interview on July 18, Gerard Barron, CEO of The Metals Company, dismissed the concerns. 'I see those threats as nothing but wing-flapping,' he said. Mr Barron said that because the United States was the world's most powerful economy, his company's international partners would simply have to deal with the impending reality of commercial seabed mining and adapt their stances on international law. He also said that his company's US permit to start mining in international waters would be issued 'sooner than people expect'. The Metals Company could process its minerals in Indonesia rather than Japan, Mr Barron said, noting that Indonesia and the United States signed a hard-fought trade agreement last week. And that Allseas could relocate out of the Netherlands, a move the company's CEO, Pieter Heerema, alluded to in recent comments to the Dutch press. 'We don't have to, but must be able to consider it,' Mr Heerema said. 'The Netherlands was attractive – now it isn't.' At a recent UN conference in France, Nathan Nagy, a legal adviser to the US State Department made a forceful speech defending his country's stance on seabed mining in international waters, reiterating that the United States has 'never considered' the Law of the Sea to 'reflect customary international law'. Mr Barron said his company opted to apply for a US permit because the ISA had failed for many years to issue the regulations necessary to begin issuing its own extraction permits in international waters. The ISA had pledged to settle those regulations by this year, but is widely expected to miss that deadline. Delegates at the ongoing ISA's talks in Kingston, Jamaica, described feverish, closed-door sessions filled with debate over how to address the Trump administration's decision to start allowing seabed mining in international waters. On July 21, the organisation's council, made up of 36 elected member states, stopped short of punitive action but passed a resolution urging the body's legal and technical committee to investigate 'noncompliance' by its signatories. ISA member states are bound by the Law of the Sea to prevent public and private entities in their countries from doing business with anyone mining without an ISA permit, which is precisely what The Metals Company is aiming to do. 'TMC has been testing the limits of what it can get away with, a bit like a child seeing how far it can go with bad behavior,' said Matthew Gianni, co-founder of the Deep Sea Conservation Coalition, who was present at the talks in Kingston. 'The member countries of the ISA have basically sent a shot across the bow, a warning to TMC that going rogue may well result in the loss of its ISA exploration claims,' he said. 'It also sends a signal to other companies that if they go the same route as TMC has, they may also face the same consequences.' The ISA's draft regulations, which already stretch to nearly 200 pages, remained largely unsettled. The process has been stymied by disagreements over environmental regulations, including how much sediment seabed miners would be allowed to put back in the water, as well as how much in royalties miners would owe to countries sponsoring their permits. The ISA's Brazilian secretary-general, Leticia Carvalho, told delegates in a speech that completing the regulations as soon as possible was 'the best tool we have to prevent the chaos that unilateral action could bring.' 'What will prevent the Wild West are the rules,' she said. The Metals Company's ISA-issued exploration permits were obtained through intermediaries in the small South Pacific island nations of Nauru and Tonga. They pertain to areas within a vast stretch of ocean floor about halfway between Mexico and Hawaii, called the Clarion-Clipperton Zone. The seabed there is blanketed with potato-size nodules containing large proportions of manganese and smaller amounts of nickel, cobalt and copper, all of which have growing uses in military equipment, electronics and large-scale industries such as steelmaking. The United States considers those metals critical to national security and has sought new sources of them because China dominates current supply chains. No commercial-scale seabed mining has ever taken place. The technological hurdles are high, and there have been serious concerns about the environmental consequences in the deep sea, a region of the planet that is little understood to science. Anticipating that mining would eventually be allowed, companies like Barron's have invested heavily in developing technologies to mine the ocean floors. This includes ships with huge claws that would extend down to the seabed, as well as autonomous vehicles attached to gargantuan vacuums that would scour the ocean floor. NYTIMES
Indian Express
10-07-2025
- Politics
- Indian Express
Bihar is Bengal in NITI map: Mamata says ‘grave lapse', demands apology
Chief Minister Mamata Banerjee on Wednesday wrote a letter to NITI Aayog vice chairman Suman Bery, expressing her strong disapproval over West Bengal being mislabelled as Bihar in their official summary report. The chief minister condemned the error and sought an apology from NITI Aayog for the mistake as well as taking immediate corrective measures in this connection. In her letter she wrote, 'The map intended to represent the State of West Bengal has depicted the territory of Bihar in its place.' 'I am writing with deep concern and unequivocal disapproval that in the 'Summary Report for the State of West Bengal,' published by NITI Aayog and available on its official website, the map intended to represent the State of West Bengal has depicted the territory of Bihar in its place,' the CM wrote. Describing the error as a 'grave lapse' of the NITI Aayog, the CM said such a blunder in an official publication of NITI Aayog reflects an 'alarming lack of diligence and respect' towards the states of the Union. 'Such a grave lapse in an official document of a premier national institution is not merely a technical error, but an affront to the identity and dignity of the State of West Bengal. Such a blunder in an official publication of NITI Aayog, reflects an alarming lack of diligence and respect towards the States of the Union,' the CM wrote. Additionally, Mamata Banerjee also pointed towards the 'reliability of the institution's work'. 'This raises legitimate concerns about the rigor and reliability of the institution's work, which policymakers and citizens alike depend upon for accurate and informed decision-making and casts significant doubt on the -quality, authenticity and credibility of reports and publications of NIT Aayog,' she wrote. Condemning the inaccuracy, CM Banerjee wrote, 'The Government of West Bengal strongly condemns this inaccuracy and calls upon NITI Aayog to issue a clarification and apology and take immediate corrective action to rectify the document and to institute robust mechanisms to prevent such lapses in future.'
The Wire
05-07-2025
- Politics
- The Wire
Tejashwi Yadav Ups the Ante, Says ECI has Hurt Bihari Pride by Asking Voters to Prove Citizenship
With Yadav turning the ECI's attempt to revise electoral rolls as an affront to Bihari pride, the controversy now appears set to become one of the biggest polarised political debates in the run-up to the assembly polls. Bihar leader of opposition and the RJD's chief ministerial face Tejashwi Yadav. Photo: PTI New Delhi: Days after an INDIA bloc delegation accused the Election Commission of India (ECI) of being hostile towards their concerns over the hurried exercise to revise electoral rolls in poll-bound Bihar, the state's leader of opposition Tejashwi Yadav who is also the chief ministerial face of the Rashtriya Janata Dal (RJD), on Friday (July 4) termed the 'Special Intensive Revision' (SIR) as an attack on Bihari identity. Yadav said that by singling out Bihar residents for a 'citizenship' test, the ECI has hurt the state and its people's pride. 'In the whole country, only Biharis, each and every Bihari, have been forced to prove their citizenship? Why should only Biharis and Bihar have to prove their citizenship,' an aggressive Yadav asked. Yadav asks whether the current electoral rolls are 'fake' 'It doesn't matter if you are Hindu, Muslim, Sikh or Christian, or belong to forward, backward, Dalit or extremely backward castes, everyone in Bihar will have to prove their Indian citizenship,' Yadav said. With Yadav turning the ECI's attempt to revise electoral rolls as an affront to Bihari pride, the controversy now appears set to become one of the biggest polarised political debates in the run-up to the assembly polls. Yadav asked whether the current electoral rolls were 'fake', and if the ECI believes that it was indeed 'fake', then elections held in Bihar before 2025 should also be declared fraudulent. He said that apart from the poor, around 4.5 crore migrants from Bihar also stand to lose their voting rights as a result of the SIR. He said that even if people now engage themselves in getting their lost documents, it will only encourage corruption and bribery at the regional level. Yadav said that the ECI's decision to conduct a 'Special Intensive Revision', an exercise to revise electoral rolls only months ahead of the assembly polls is a 'big conspiracy'. हर बिहारी, केवल बिहारी ही अपनी नागरिकता का सबूत देगा। जबकि इसी वोटर लिस्ट से 2024 का मतदान हुआ है। अगर ये लिस्ट फर्ज़ी है, तो सरकार भी फर्ज़ी हुई! आख़िर क्यों केवल बिहारी और बिहार अपनी नागरिकता साबित करे? ये बड़ी साज़िश है। - श्री @yadavtejashwi! #TejashwiYadav #Bihar — Office of Tejashwi Yadav (@TejashwiOffice) July 4, 2025 He appealed to people of Bihar to strengthen the INDIA bloc to take on the forces 'who wish to end the Constitutional rule, who want to remove people from voters' list, and those who want to end democracy itself'. On Wednesday (July 3, 2025), a 20-member delegation from INDIA bloc met the election commissioners, including the chief election commissioner Gyanesh Kumar, in New Delhi to voice their concerns about SIR. The INDIA bloc led by RJD, Congress, and the Left told the ECI that the limited time frame to conduct such an exercise may lead to 'mass disenfranchisement' of nearly 1 crore voters of Bihar. After the meeting, they said that the ECI officials were hostile towards their concerns, and had termed their interaction with the poll body as 'disappointing' and 'unfriendly'. Earlier, they had expressed concerns over logistical problems like poor availability of birth certificates among a large section of people, high migration rates and a historical crisis in documentation process in the state that could lead to a chaotic situation in the run-up to the assembly polls. According to the ECI, the SIR will help it identify 'illegal immigrants' and non-permanent residents of Bihar. It has announced that people will have to show documents and identity proof other than Aadhar, EPIC voters cards, and ration cards to become eligible voters. In such circumstances, birth certificates of people and their parents as proof of their places of birth, matriculation certificates, land records, or other property documents will be accepted. However, several ground reports have already said that in a state like Bihar with poor literacy rates, high school dropout rates, extreme landlessness, and all-round poverty, the SIR could lead to further problems than addressing loopholes in the electoral rolls. Given how the INDIA bloc is now upping its ante and taking on the ECI with aggression, the SIR is set to become the talking point in the run-up to the assembly polls, and may become a polarising issue. The opposition will likely battle it out with greater intensity on the electoral ground surely but it remains to be seen how the National Democratic Alliance (NDA) constituents like Nitish Kumar's Janata Dal (United), Chirag Paswan's Lok Janshakti Party, or Jitan Ram Manjhi's Hindustani Awam Morcha respond. Most of the NDA parties, including the BJP, have maintained conspicuous silence on the matter until now, although it is clear that the SIR may also affect their voter base. However, Rashtriya Lok Morcha (RLM) leader Upendra Kushwaha, who is also an ally of the BJP- NDA in Bihar has raised concerns about SIR. Kushwaha has said that it should be ensured by the ECI that no genuine voter is left out from the voter list. The Wire is now on WhatsApp. Follow our channel for sharp analysis and opinions on the latest developments.
Scoop
04-06-2025
- Business
- Scoop
On Why The Regulatory Standards Bill Should Be Dumped
If you blinked on a recent Friday afternoon, you might have missed the passing under urgency of the first reading of the Regulatory Standards Bill. The Bill purports to be a kind of legislative WOF test that all of us should welcome, right? If you blinked on a recent Friday afternoon, you might have missed the passing under urgency of the first reading of the Regulatory Standards Bill. The Bill purports to be a kind of legislative WOF test that all of us should welcome, right? Not really. Instead, shouldn't we all be feeling a bit worried by the fact that – if this Bill gets passed – then nearly all of our existing laws and nearly everything that future governments might want to do will henceforth need to be vetted by ACT Party leader Davd Seymour and the members of his hand-picked, un-elected Regulatory Standards Board? Meaning: the aims and the effects of this Bill seem to be fundamentally un-democratic. That concern, however, was only one of the points raised by submitters during a two month consultation period timed by the government to coincide with the Christmas/New Year holidays, when people were otherwise occupied. Even so, 23,000 submissions were received and reportedly, 88% of them were opposed to the Bill. Besides the affront to democracy, the other objections cited by submitters were that the Bill is a solution to a non-existent problem, that it will duplicate existing review mechanisms and will make law-making more complex, more costly, less timely and less efficient by adding a needless extra layer of bureaucracy. Submitters were particularly concerned about the lack of recognition of any Treaty of Waitangi rights and interests, or of human rights concerns, or of the competing social, environmental and economic interests that should also (surely) be considered fundamental to the process of making good law. If it gets passed, the Bill will come into effect on 1 January next year. Courting trouble One of the prime concerns with this Bill is that it seems to bestow on corporations (whose 'property 'has been taken or suffered 'impairment' as a result of government law or regulation) the power to sue for compensation. Problem being, the word ' property' in this context means not simply the taking of land or buildings, but 'impairment' of profit expectations as well. Alarmingly, this compensation would be sought first from the prime beneficiaries of the relevant laws or regulations. Inevitably, this possibility would have a chilling effect on the activities of, for example, iwi or environmental groups. Ultimately, the aggrieved 'owner' could also sue the government for compensation. The text of the Regulatory Standards Bill can be found here. The section to do with 'owners' and 'impairment' and the right to compensation is set out at Part 2, Subpart 1, clauses 8c (i) (ii )and (iii). As background: the justification for treating corporates as having the same legal rights as human beings is recognised by the Companies Act 1993, and is based on something called the Salomon Principle. This yardstick was derived from an 1897 case that's widely regarded as the foundation stone of modern company law. So keep all that in mind when you read those 8c clauses that essentially seek to prohibit legislation that takes or impairs 'property' without the owner's consent unless 'fair compensation for the taking or impairment is provided to the owner; and compensation is provided, to the extent practicable, by or on behalf of the persons who obtain the benefit of the taking or impairment.' So to repeat: if say, the law or regulation primarily benefits an iwi, or Greenpeace or a local community group, the disgruntled investor can go after them first – and since the Bill is spectacularly silent on Treaty obligations, the iwi in question would be in the firing line without a leg to stand on. Especially since the Bill is vocal about an 'equality' that takes no account of privilege, historical injustice or any other socio- environmental factors. Only private property, widely defined, is treated as sacrosanct. True, the same section of the Bill does say there has to be 'good justification' for the taking or the impairment – but ultimately, who will get to decide whether regulatory actions are 'good' and /or are 'justified' ? Why… that would be the handpicked, un-elected Regulatory Standards Board. Not for the first time, justice will be a flat circle. Thankfully, plenty of people are becoming aware of this risk. Last week, Waikato University academic Ryan Ward published on Newsroom a concise, well argued account of the risks posed by the 'takings' aspect of the Bill. Ward's article is entitled 'How the Regulatory Standards Bill Could Leave Taxpayers On The Hook.' Exactly. Back to the MAI This is not a fresh concern. The ACT Party has tried (and failed) to get much the same legislation across the line in 2006, 2011, and 2021. Before, ACT had tried to give the courts the power to declare legislation to be out of sync with its own regulatory preferences, but the new version hands these same powers to the appointed Board. In fact, the history of this gambit dates back even further than 2006. The attempt to provide foreign investors with the ability to sue, intimidate and restrict sovereign governments goes back at least as far as 1997. That was when a draft version of the Multilateral Agreement On Investment (MAI) being secretly negotiated by the OECD got leaked to the public. The subsequent global protest movement ended in the defeat and withdrawal of the MAI. A few years later, the same toxic MAI provisions re-surfaced in the Trans Pacific Partnership (TPP, now CPTPP), and again, these provisions sparked widespread protests. Nearly 30 years ago, I wrote two articles outlining the threat to sovereign goverments posed by the similar MAI provisions now being enshrined in the Regulatory Standards Bill: …The MAI gives foreign investors one important advantage. They will be able, under stated procedures, to sue governments for compensation if the government enacts policies that the foreign investor feels will affect it unfairly. Under almost all international treaties – the North American Free Trade Agreement (NAFTA) is the other exception – only states can sue each other. Under the MAI, however, multinationals can bring actions against governments. Even the threat of litigation from a multinational with deep pockets, as the British Columbia submission points out, may be enough to deter some governments or local bodies. Such disputes then go to a panel of unelected experts, for binding arbitration. Footnote: Interestingly in the light of the current government's willingness to roll back the Crown's Treaty of Waitangi obligations, I had written in the same 1997 article how the 'stand-still' and 'rollback' provisions of the MAI ( ie. no new laws and regulations, and a phased reduction in current investment restrictions over time) might enable future governments to amend the Treaty of Waitangi. On the reservation for the Treaty of Waitangi…, for instance, [then MFAT chief Richard ]Nottage says, it is 'just about inconceivable' that we would roll this back. Inconceivable? Well, could a future Act/National government conceivably desire to limit some rights currently enjoyed under the Treaty of Waitangi? If so, the MAI rollback proviso gives an excellent rationale – because it amounts to a promise to the world that we will do so. Footnote Two: In the late 2000s, I also recall arguing with then-ACT leader Rodney Hide about the Colorado precedents that Hide was seeking to implement here – like, for example, his attempt to try and impose a sinking lid on local government spending. This legal stratagem would have involved imposing a spending cap on local councils, largely based on their previous year's expenditure, and with any excess revenue having to be returned to ratepayers as an annual rebate. This Colorado-style spending cap-and-rebate scheme that ACT tried – and failed – to get accepted into law here 20 years ago would have essentially stopped councils from addressing extra social needs, fixing core infrastructure or diverting more than 1% of their annual revenue to meet emergencies. This isn't (entirely) ancient history. It forms a key part of the whakapapa of the same political party pushing the Regulatory Standards Bill, and is entirely consistent with it. Famously, these Colorado libertarian experiments in fiscal self-starvation came to a climax in the deeply conservative city of Colorado Springs, which the Politico website wrote about in 2017, in an article called 'The Short Unhappy Life of a Libertarian Paradise.' In that case, the city's local government spending was cut back so harshly that citizens eventually had to club together to adopt and fund the street lights in their neighbourhoods, were forced to cut the grass in public parks themselves, and had to go out and hire sufficient police and firefighters. After three years of this, Colorado Springs saw the errors of its libertarian ways, and the public voted to increase taxes. Point being: the same ACT Party that thought the above disaster was an experiment worth repeating here is now trying to impose on us the Regulatory Standards Bill – which, on the face of it, would give investors the power to sue for compensation if their profit margins are affected when we exercise our right to make laws that primarily benefit us, and not them. Muddled messages True, the Bill does claim ( Subpart 5, clause 24 (1) that it 'does not confer a legal right or impose a legal obligation on any person that is enforceable in a court of law.' Yet the 'Principles' section of the Bill says ' Most of the Bill does not confer or impose any legal right or obligation on any person that is enforceable in a court of law.' [My emphasis.] There is – for starters – a legally enforceable duty on state agencies to supply information on request to Seymour's Regulatory Standards Ministry. Meaning: under this Bill, 'commercial sensitivity' seems to be a one way street by which aggrieved investors who have the ear of the Regulations Ministry can hope to gain access to information relevant to their commercial activities. Hopefully, the select committee hearings will clarify the terms of disclosure for the commercially valuable information that liable state agencies will -apparently – be legally required to hand over to Seymour's Ministry. If we're very lucky, the select committee hearings will also clarify whether the Regulatory Standards reports will be enforceable. Or will it be possible for Parliament to blithely ignore them, just as Parliament does when it ignores reports on the incompatibility of some of its laws with the Bill of Rights. (Denying prisoners the right to vote breaches their human rights. So what? Parliament says.) Currently, that's the main muddled message being conveyed by the Regulatory Standards Bill. If it is enforceable, the Bill poses a serious threat to democracy. If it isn't, and is mere virtue signalling by the ACT Party to its corporate masters, then it is an expensive and redundant waste of taxpayer time and money. What sort of beast is it? Retrospective, Much? Finally, the Bill isn't supposed to be a retrospective piece of legislation. Yet plainly it is. Part 3 (2c) (i) empowers the Regulatory Standards Board to: …Inquire into whether existing [my emphasis] legislation is consistent with the principles of responsible regulation; Likewise, Part 2 (b) (ii) provides for — the review of the consistency of proposed and existing legislation with the principles of responsible regulation; and (ii) the disclosure of the reasons for any identified inconsistencies; What to do? On the evidence to date, the Regulatory Standards Bill should be rejected outright. Fat chance. National seems committed to this Bill, unlike its prior stance on the Treaty Principles Bill. It is also probably too much to hope that the fish-hooks in this dangerous piece of ideological dogma will be remedied at select committee. It would be an uphill fight. In the name of a bogus ' equality' before the law, the coalition government continues to act as if Māori have no special rights as indigenous people, and that the Crown has no special duties towards them. The Treaty, and customary law, say otherwise. Even the Regulations Ministry itself (at clause seven in its heavily-redacted impact report on the Bill) baulks at this glaring omission: Of significance is that the proposals do not include a principle related to the Treaty/te Tiriti and its role as part of good law-making, meaning that the Bill is effectively silent about how the Crown will meet its duties under the Treaty/te Tiriti in this space. While this does not prohibit the Crown from complying with the Bill in a manner consistent with the Treaty/te Tiriti, we anticipate that the absence of this explicit reference may be seen as politically significant for Māori and could be perceived as an attempt by the Crown to limit the established role of the Treaty/te Tiriti as part of law-making.
Business Recorder
25-05-2025
- Politics
- Business Recorder
Ukraine's allies must be ‘determined' after latest Russian strikes: Berlin
BERLIN: Germany said Sunday that Kyiv's allies 'must react with determination' after Russia launched a record number of drones on Ukraine, killing 12 people. 'We cannot accept this,' Foreign Minister Johann Wadephul told the ARD broadcaster. Russian President Vladimir Putin 'is trampling on human rights, this is an affront – also against US President Donald Trump, who has tried so hard to get Putin to the negotiating table', he added. Ukraine says Russia attacking its troops, despite ceasefire Wadephul said the latest developments in Ukraine showed that 'Putin does not want peace, he wants to carry on the war and we shouldn't allow him to do this'. 'For this reason we will approve further sanctions at a European level,' he added. The EU formally adopted a 17th round of sanctions on Tuesday blacklisting some 200 tankers in the 'shadow fleet' used by Moscow to circumvent restrictions on oil exports. New sanctions would bring 'serious consequences for the Russian economy, the energy sector will be affected, other sectors too', said Wadephul. 'It will be financially painful for Russia,' he added. 'Our hand remains outstretched; Ukraine is ready to negotiate. Putin should come to the table.'
