World & Politics

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Published dates (RSS): 15 Nov – 12 Aug

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World & Politics

Hong Kong-based mediation body ‘ready to tackle state disputes, serve as Asian legal hub’

A former Hong Kong justice minister who now heads an intergovernmental mediation body based in the city has said the organisation is ready to handle state-to-state disputes, with six countries having nominated more than 100 mediators from the legal, diplomatic and academic fields. Teresa Cheng Yeuk-wah, secretary general of the International Organisation for Mediation (IOMed), told the South…

Β· 1 MIN READ Β· South China Morning Post
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Where did the ivory trade go after China banned elephant tusks? North, into the Russian permafrost — where an estimated 10M frozen mammoths lie waiting, and a kilogram of tusk fetches up to $1,900.

Mammoth tusks came to be known as “ethical ivory” after China banned imports of elephant tusks in 2017, closing the market that elephants were being slaughtered to supply. China and Hong Kong are home to the world’s most developed tusk-carving industry, in which a single piece can sell for as much as billions of rubles (tens of millions of dollars). Meeting that demand fell to Yakutia‘s tusk…

Β· 1 MIN READ Β· Meduza (English)
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Hong Kong’s commercial property investment growth beats peer Asia-Pacific markets

Hong Kong’s commercial property investment more than doubled to US$3.1 billion in the second quarter, making it the fastest growing investment market in Asia-Pacific thanks to a strong increase in retail and office deals and a low base effect, according to JLL. The 129 per cent growth from a year earlier beat other top-performing markets including Singapore with 108 per cent growth and Australia…

Β· 1 MIN READ Β· South China Morning Post
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Novosibirsk hastily repaved its roads and planted new lawns before Putin’s visit. In his last two stops, gas prices mysteriously dropped when he arrived — and rose again once he left.

Vladimir Putin traveled to Novosibirsk after a working visit to Buryatia, the Kremlin press pool reported.

Β· 1 MIN READ Β· Meduza (English)
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Sanctioned Russian tanker leaks oil off Oman after mystery explosion

The tanker Caroline Bezengi, part of Russia’s “shadow fleet,” leaked oil after running aground off the coast of Oman. The resulting slick, covering roughly 390 square kilometers (about 150 square miles), lies northeast of the Hallaniyat Islands, Oman’s Environment Authority said.

Β· 1 MIN READ Β· Meduza (English)
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The Kremlin let Russia’s only anti-war party, Yabloko, onto the ballot to bleed protest votes. But when it started polling at 6%, the Supreme Court stepped in.

Yabloko last cleared the threshold for the State Duma in 1999, when it won 5.93 percent of the vote — above the 5 percent required for representation. In every parliamentary election since, opposition politicians — from the Communist Party to Yabloko’s own members — and independent observers have documented serious fraud.

Β· 1 MIN READ Β· Meduza (English)
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