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Le risque lié à l'Iran existe depuis des années et n'a pas disparu, a déclaré le ministre grec Georgiadis

The post INTERVIEW : Aucun Européen ne dormirait sur ses deux oreilles si l’Iran possédait l’arme nucléaire appeared first on Euractiv FR.

Malgré un discours plein d'assurance, cette atmosphère détendue contrastait avec une réalité politique bien plus incertaine

The post Pique-nique à Budapest : Orbán mobilise l’extrême droite européenne alors que la course s’intensifie appeared first on Euractiv FR.

Des politiques autrefois cantonnées à l'extrême droite bénéficient désormais d'un large soutien au-delà des clivages politiques, les alliés progressistes eux-mêmes s'alignant largement sur cette orientation

The post Les élections ne feront pas changer la position intransigeante du Danemark sur l’immigration appeared first on Euractiv FR.

Leo Radvinsky est devenu milliardaire après avoir investi dans ce site, connu pour son contenu pornographique.

DRAFT REPORT on the 2025 Commission report on Serbia
Ausschuss für auswärtige Angelegenheiten
Tonino Picula

Quelle : © Europäische Union, 2026 - EP

Budapest se distingue parmi les alliés européens par ses liens étroits avec le Kremlin

The post L’OTAN « pas surprise » par les fuites hongroises vers la Russie appeared first on Euractiv FR.

Prof. Dr. Franziska Holz, stellvertretende Leiterin der Abteilung Energie, Verkehr, Umwelt, und Dr. Wolf-Peter Schill, Leiter des Forschungsbereichs „Transformation der Energiewirtschaft“ in der Abteilung Energie, Verkehr, Umwelt wurden im Dezember 2025 für die kommenden drei Jahre als Mitglieder ...

Les résultats montrent que son emprise sur l'Italie s'effrite

The post Le « non » de l’Italie qui fait vaciller Meloni appeared first on Euractiv FR.

Von der Leyen a déclaré que cet accord visait à renforcer les liens en matière de sécurité à long terme

The post L’UE mise sur l’Indo-Pacifique avec un nouveau partenariat de sécurité et défense avec l’Australie appeared first on Euractiv FR.

Bruxelles prévoit que cet accord stimulera les échanges bilatéraux d'environ 30 % au cours de la prochaine décennie

The post L’UE et l’Australie concluent un accord commercial après huit ans de négociations appeared first on Euractiv FR.

Également dans l'édition de mardi : élections au Danemark, Australie, Kövesi, Meloni

The post Rien n’est secret au Conseil européen appeared first on Euractiv FR.

Les États du Golfe hésitent à s'impliquer directement dans la guerre, mais il est peu probable qu'ils acceptent d'être attaqués indéfiniment, selon les experts.

The WTO reform agenda is a distraction. The real prize is dismantling MFN through plurilateral precedents. Credit: WTO

By Chien Yen Goh and Kinda Mohamadieh
GENEVA, Mar 24 2026 (IPS)

As trade ministers gather in Yaoundé, Cameroon, for the WTO’s 14th Ministerial Conference (MC14) on 26–29 March 2026, the preparatory process has produced a dense fog of competing reform proposals, draft ministerial statements, and work plans.

The facilitator-led consultations at the WTO headquarters in Geneva focused for the past few weeks on decision-making, development and Special and Differential Treatment (S&DT), as well as level-playing-field issues, while the United States, European Union and others tabled their own reform submissions.

The sheer volume and scope of this activity have muddied the picture of what exactly requires ministerial attention and decision.

This confusion, however, serves a purpose. It obscures the fact that the U.S. — which has done more than any other member to destabilise the multilateral trading system through unilateral tariffs, bilateral Agreements on Reciprocal Trade (ARTs), and paralysing the WTO Appellate Body — is not primarily interested in the reform or continued relevance of the WTO.

Its 2026 Trade Policy Agenda, released earlier this month, makes this plain: the US will push to reorient the WTO’s negotiating function by “favouring meaningful plurilateral agreements” and “urging reassessment of the Most Favoured Nation (MFN) principle” so that trading nations can differentiate among partners in their liberalisation commitments.

The MFN rule is the foundational principle of the WTO that requires any trade advantage granted to one WTO member to be extended equally to all. The U.S. WTO reform paper submitted to the General Council in December 2025 (WT/GC/W/984) goes further, arguing that MFN “is not just unsuitable for this era” but actively prevents countries from optimising their trade relationships.

Outside the WTO, the U.S. is pursuing its trade interests through bilateral ARTs with Bangladesh, Cambodia, Indonesia, Malaysia and others. Since its Supreme Court struck down the legal basis for these ARTs, section 301 of the U.S. 1974 Trade Act has been activated. But within the WTO, the U.S. priority at MC14 is more focused and consequential than the reform agenda suggests.

The immediate objective is to secure adoption of the plurilateral Investment Facilitation Agreement (IFA) into the WTO’s legal architecture under Annex 4 of the Marrakesh Agreement — despite the U.S. not having participated in the IFA negotiations and having no interest in being a party to it. U.S. Ambassador Joseph Barloon identified the IFA as one of a limited number of issues the U.S. wants decided at MC14.

Why would the US push through an agreement it will not sign? Because the IFA is not the end but the means. Its incorporation into the WTO — while its initiation, negotiation and addition have been formally contested — would establish that plurilateral agreements can be adopted and added to the WTO rulebook without the consent of all members. Once that door is opened, the principle of consensus in WTO agenda-setting and rule-making is effectively undermined.

This is precisely what the U.S. wants. Its December 2025 reform submission argues that plurilateral agreements should allow “likeminded trading partners committed to fair and reciprocal trade” to strengthen ties “within the architecture of the WTO agreements,” with benefits limited to consenting parties — that is, on a non-MFN basis.

The paper warns that without a path for plurilaterals, the WTO is “not a viable forum for negotiating.” Read together with the Trade Policy Agenda’s call to reassess MFN, the logic is clear: plurilaterals are the vehicle through which the U.S. intends to displace MFN as the organising principle of the multilateral trading system. Members that cannot or choose not to join will simply be left out.

The second U.S. priority reinforces this trajectory. Washington is pressing developing countries to make permanent the moratorium on customs duties on electronic commerce transmissions. First adopted as a temporary measure in 1998, the moratorium was last renewed at MC13 in Abu Dhabi, where members agreed it would expire at MC14 or 31 March 2026. The U.S. now wants to lock it in permanently and expand the scope of digital goods and services beyond customs authorities.

The stakes are high and direct. UNCTAD has estimated that the moratorium costs developing countries up to $10 billion annually in foregone tariff revenue, with 95 per cent of the losses borne by developing countries. For many, customs duties constitute 10–30 per cent of total tax revenue — for some, over 50 per cent.

The primary beneficiaries are the large technology firms in developed countries that dominate cross-border digital trade. Making the moratorium permanent would formalise this revenue transfer and strip developing countries of policy space to regulate digital imports as the digital economy grows.

Both these issues — the IFA and the e-commerce moratorium — involve developing countries giving up something concrete (MFN treatment, consensus-based decision-making, effective say over agenda setting, customs revenue and regulatory autonomy) in exchange for nothing.

The U.S. is not offering concessions on agriculture, S&DT, or the longstanding mandated issues that matter to developing country Members. It is not proposing to fix the dispute settlement system it broke. It is leveraging reform to extract structural concessions that tilt the WTO’s institutional machinery in its favour, while pursuing its trade interests bilaterally.

Once plurilaterals are entrenched and the moratorium made permanent, the U.S. will have a freer hand to set the WTO agenda without negotiating with developing country and Least Developed Country members. S&DT, already under pressure from demands to end self-designation and narrow its application, will recede further as a meaningful principle and integral part of the negotiations.

The reform agenda, for all its complexity, is secondary to the structural question: will the WTO remain a consensus-based institution where MFN and consensus decision-making ensure the smallest member has a say? Or will it be refashioned into a platform for variable-geometry agreements where the powerful set the terms and the rest face compliance or exclusion?

Developing countries have fought for decades to preserve a multilateral trading system in which trade could serve as a tool for their development. That system is now under direct threat — not from its irrelevance, but from a deliberate strategy to hollow it out from within.

Chien Yen Goh and Kinda Mohamadieh are trade and investment lawyers at Third World Network (TWN) based in Geneva.

IPS UN Bureau

 

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By Jomo Kwame Sundaram and Kuhaneetha Bai Kalaicelvan
KUALA LUMPUR, Malaysia, Mar 24 2026 (IPS)

In mid-1971, US President Nixon ended the dollar’s gold peg at $35 per ounce, triggering de-dollarisation. The 2025 gold and silver rush followed private speculators trying to profit from central banks hedging against perceived new risks.

Jomo Kwame Sundaram

De-dollarisation
Some believed that flexible exchange rates, replacing earlier fixed rates, would resolve the ‘Triffin dilemma’ of the ‘dollar system’, due to its role as world reserve currency.

Many believe OPEC was allowed to raise oil prices from 1972, on condition petroleum purchases would be settled in dollars. ‘Petrodollars’ were thus believed to be the ‘black gold’ underlying the dollar system’s survival after 1971.

Although still the dominant world reserve currency, the dollar’s role has gradually declined over the decades. Trump 2.0’s rhetoric and actions appear to have accelerated de-dollarisation.

Trump’s 2 April 2025 ‘Liberation Day’ tariffs announcement triggered even greater uncertainty and volatility in foreign exchange and other markets worldwide.

Greater policy unpredictability has caused governments and investors to explore new options. Authorities worldwide are considering and developing alternatives to the dollar system.

Besides higher inflation, Trump’s threats and actions, particularly his tariffs, sanctions and wars, have pushed investors to sell dollar assets and seek alternatives.

Various factors have significantly accelerated de-dollarisation. In the first half of 2025, the dollar fell by over 10%, its sharpest fall since the 1973 oil crisis.

K Kuhaneetha Bai

Many countries in the Global South have been purchasing gold rather than dollar-denominated assets for reserve accumulation.

Geopolitical economy commentator Ben Norton highlighted an April 2025 note by the Deutsche Bank foreign exchange research head, noting:

“We are witnessing a simultaneous collapse in the price of all US assets [including stocks, foreign exchange, and bonds] … we are entering uncharted territory in the global financial system…

“The market is rapidly de-dollarising. In a typical crisis environment, the market would be hoarding dollar liquidity…The market has lost faith in US assets. They are actively selling down their US assets.

“US administration policy is encouraging a trend toward de-dollarisation to safeguard international investors from a weaponisation of dollar liquidity.”

Western confiscations
The weaponisation of central banks by the US, Europe, and their allies has caused other central banks to seek ‘safety’ by switching from dollar assets to gold.

Increased weaponisation of the dollar and Western confiscation of others’ assets under various pretexts have accelerated this trend.

Billions of dollars’ worth of Venezuelan central bank gold, held at the Bank of England, was confiscated by the UK government during the 2019 Washington-instigated Caracas coup attempt.

After the coup failed, the Bank of England refused to return the gold to Venezuela. Trust in Western governments and central banks thus continued to erode.

Similarly, the US Fed and European Central Bank confiscated over $300 billion worth of Russian dollar-, euro- and sterling-denominated assets after it invaded Ukraine.

European authorities have since pledged to transfer these Russian assets to Ukraine rather than return them to their owners.

Western confiscations of the central bank reserves of Iran, Venezuela, Afghanistan, Russia and others have alarmed authorities and publics worldwide.

Central banks’ reserve managers have increasingly viewed gold as safe despite greater volatility. Besides serving as a hedge, the precious metal also offered lucrative speculative gains.

Mitigating risk
Many monetary authorities have reversed their earlier accumulation of dollar-denominated US Treasury bills and bonds in their official reserves.

While US government debt has continued growing, inflationary pressures have mounted, albeit episodically. Gold and silver holdings are believed to help hedge against inflation and fiat currency debasement.

Gold holdings in central bank reserves increased significantly after the 2008-09 global, actually Western, financial crisis, followed by the Western turn to ‘quantitative easing’.

For the first time in three decades, central banks’ total gold holdings in their international reserves exceeded their US Treasury bond holdings in 2025.

About 36,200 tons, or a fifth of all gold holdings, is now held by central banks, rising rapidly over two years from 15% at the end of 2023!

Meanwhile, rising gold prices drew more speculative investments for profit. But such price spikes are not sustainable indefinitely.

Once gold was seen as overpriced, investors turned to other precious metals, notably silver, and other financial assets.

BRICS’ golden hedge?
After Lord Jim O’Neill identified Brazil, Russia, India and China as significant new financial powers outside the Western sphere of influence, BRICS was formed in 2009 by adding South Africa.

BRICS now has ten members and ten partners. Together, they account for 44% of world income, measured by purchasing power parity, and 56% of its people.

Russia, China, and India have been among the largest recent buyers of gold. Other major purchasers include Uzbekistan and Thailand, both BRICS partners.

Trump 2.0 has generated significant apprehension internationally. Without BRICS’ help, his weaponisation of economic policies and agreements has accelerated de-dollarisation.

Although Trump accuses the BRICS of conspiring to accelerate de-dollarisation, their precious metal purchases make sense as a hedge for their reserves.

IPS UN Bureau

 

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A group of Russians and Angolans are going on trial in Angola after being accused of fomenting protests, which they deny.

A group of Russians and Angolans are going on trial in Angola after being accused of fomenting protests, which they deny.

England defender Jess Carter, Arsenal attacker Eberechi Eze and Fulham midfielder Alex Iwobi are on the 2025 Football Black List.

- Agenda / France - Régions

By James Alix Michel
VICTORIA, Seychelles, Mar 23 2026 (IPS)

When the 11th Our Ocean Conference opens in Mombasa and Kilifi, Kenya, from June 16-18, 2026, it will mark the first time this influential meeting has been held on African soil. For coastal and island nations across the continent and the wider Indian Ocean – and for the Global South more broadly – the stakes could not be higher: the promises and commitments made there will help decide whether the ocean becomes a source of justice and resilience, or deepens existing inequalities.

James Alix Michel

And the most recent report by the UN, indicates that Planet Earth is being pushed beyond its limits. Every key climate indicator is flashing red as it continues to overheat .

Since its launch in 2014, the Our Ocean Conference has generated a steady stream of commitments on marine conservation, sustainable fisheries, climate action and pollution control. Billions of dollars have been pledged for marine protected areas, surveillance, research and community projects. Yet, for many communities in the Global South, the reality at sea has often changed far less than the rhetoric on land. Overfishing, climate-driven ecosystem shifts and pollution continue to undermine food security and livelihoods, while benefits from the “blue economy” still tend to flow upwards to those with capital and technology.

I know this process intimately. In 2018, at the Our Ocean Conference in Bali, Indonesia (October 29–30), I was honoured to be invited by renown Philanthropist, Dona Bertarelli, and named one of the founding Pew-Bertarelli Ocean Legacy Ambassadors, alongside John Kerry, former US Secretary of State, and David Cameron, former UK Prime Minister, Heraldo Munoz former Chilean minister of Foreign Affairs and Carlotta Leon.

Our central mission was to champion large-scale marine protected areas (MPAs).

Under my presidency of Seychelles (2004–2016), we set a global example for the Global South. At Rio+20 in 2012, we announced our bold commitment to protect 30% of our 1.35 million km² Exclusive Economic Zone (EEZ) by 2020 – a full decade ahead of today’s global 30×30 targets. We launched the Seychelles Marine Spatial Plan (SMSP) process in 2014, involving 265 stakeholder consultations and over 100 GIS data layers, culminating in 410,000 km² (30% of our EEZ, an area larger than Germany) designated as Marine Protected Areas in March 2020, with the full SMSP becoming legally binding across our entire EEZ on March 31, 2025. We also pioneered the world’s first sovereign blue bond in October 2018 – a US$15 million issuance (with $21.6 million debt-for-nature swap via The Nature Conservancy) that reduced our borrowing costs from 6.5% to 2.8% while funding fisheries governance, marine protection and blue economy projects through SeyCCAT and the Development Bank of Seychelles.

Mombasa’s significance lies not only in geography but in timing. The High Seas Treaty – formally the BBNJ Agreement entered into force on the 17th January this year having reached 60 ratifications in 2025.

The Treaty offers, for the first time, a framework to create marine protected areas and regulate potentially harmful activities in areas beyond national jurisdiction, which cover nearly half the planet and play critical roles in climate regulation and biodiversity. For African and other developing countries, the way this agreement is implemented will test whether “common heritage of humankind” can move from slogan to reality.

Seychelles was among the first African nations to ratify BBNJ, advocating for high seas MPAs like the Saya de Malha Bank.

The treaty’s provisions on environmental impact assessments, area-based management tools, capacity-building and benefit-sharing will shape who gets to decide what happens on the high seas, and who gains or loses from emerging ocean industries. Without strong institutions, adequate financing and meaningful participation from the Global South, there is a risk that powerful states and corporations will dominate decision-making, reproducing on the ocean the same patterns of inequality seen on land.

The debate over deep-sea mining makes these concerns concrete. Proponents argue that mining polymetallic nodules and other deep-sea deposits could supply minerals needed for the energy transition.

But scientific assessments warn that such operations may cause long-lasting damage to seafloor habitats, disrupt carbon cycles and threaten species we have barely begun to study. Small-scale fishers, coastal communities and Indigenous peoples worry that the costs will be borne by those least responsible for climate change and least able to adapt.

In recent years, a broad coalition of states, scientists, civil society groups and youth movements has called for a precautionary pause or moratorium on commercial deep-sea mining in the Area. This demand is rooted in the precautionary principle and in a vision of the ocean as a living system, not just a stockpile of raw materials. For many in the Global South, it is also a justice issue: the world cannot repeat, in the deep sea, an extractive model that has left communities polluted and marginalised on land.

In Africa’s Indian Ocean, these debates are particularly urgent. Recently, I joined ocean Renown philanthropist and a strong advocate of Ocean Conservation , Dona Bertarelli in calling for a moratorium on deep-sea mining in Africa’s ocean, especially in the Indian Ocean. Our message to governments is that precaution and long-term stewardship must come before short-term profit – a principle Seychelles has applied through our SMSP and blue bonds.

Kenya has framed the 2026 conference under the theme “Our Ocean, Our Heritage, Our Future”, with a focus on jobs, equity and healthy oceans. This framing resonates across the Global South, where coastal and inland communities face converging crises of climate change, biodiversity loss and economic insecurity.

For the conference to be a turning point, African and other developing countries could push for three outcomes :

First, insist that BBNJ implementation be guided by equity: robust funding for capacity-building and technology transfer, transparent environmental assessments, and benefit-sharing that reaches frontline communities.

Second, unite behind a precautionary moratorium on deep-sea mining until independent science shows it can proceed without irreversible harm and robust global rules exist.

Third, demand commitments that improve lives: secure markets for small-scale fishers, nature-based solutions like mangrove restoration, climate-resilient infrastructure, and support for youth, women and Indigenous leadership. Seychelles proves this works – 30%+ EEZ protection with sustainable financing balancing ecology and equity.

Mombasa sits at the intersection of vulnerability and possibility, like coastal cities across the Global South. Hosting Africa’s first Our Ocean Conference offers a chance to centre perspectives of those who live with the ocean daily.

The test of Our Ocean 2026 will be whether it shifts power towards those most affected and committed to stewardship. For Africa, SIDS and the Global South, Mombasa is a moment to say: the ocean is not a frontier to be mined, but a living foundation for our survival and dignity.

James Alix Michel is the former President of Seychelles (2004–2016) and a global advocate for the blue economy, ocean conservation and climate resilience.

IPS UN Bureau

 

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