Edition #034 (March 8th, 2024)

Read Time: 3 ½ Minutes

Moldova’s Breakaway Region, Changing Global Demographics, & more!

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Global Insights

Moldova’s breakaway region

Situated on the eastern bank of the Dniester River, Transdniestria encompasses around 1,350 square miles (3,500 square km) within Moldova. Despite declaring independence in 1990 as the self-proclaimed Pridnestrovskaia Moldavskaia Republic, it remains unrecognized by any sovereign nation.

Transdniestria operates its own institutions, including a national bank, currency (the ruble), and customs house, and boasts national symbols like a flag and anthem. Over time, it has been governed by various powers, including the Ottoman Empire, Russia, Ukraine, and the Soviet Union, with Tiraspol as its primary city.

Economically vital to Moldova, Transdniestria hosts several key industries. However, tensions escalated in 2005 when Transdniestrian authorities severed power to Moldova, straining their relationship. Additionally, the notable presence of Russian military forces in Transdniestria has impacted Moldova's relations with Russia.

The region's quest for independence in 1990 stemmed from concerns about potential reunification with Romania, as it had been part of Romania until 1940 when the Soviet Union took control of the region. This declaration led to a brief but intense conflict between pro-Russian separatists and Moldovan government forces, eventually mediated by Russia.

Transdniestria's heavy reliance on Russia for energy supplies has further shaped its political landscape, with Moscow exerting significant influence. Furthermore, the presence of Sheriff, a powerful conglomerate that owns Sheriff FC that plays in Transdniestria’s capital of Tiraspol. (who notably beat Real Madrid in 2021 for any soccer fans out there) In Transnistria, there have been several referendums on the region's status. The latest one occurred in 2006 when over 97% of voters supported moving towards annexation with Russia. Currently, approximately 1,500 Russian troops are stationed in the enclave.

Recent events, such as unexplained explosions in early 2022 and Transdniestria's appeal to Russia for economic protection, underscore the region's intricate complexities.

Tiraspol

Transdniestria's situation reflects the intricacies of post-Soviet geopolitics and regional power dynamics. As Moldova aims for integration into the European Union by 2030, finding a peaceful resolution with Transdniestria will be an interesting topic throughout the rest of the decade.

Despite all of this, Transdniestria remains part of Moldova and is not officially recognized by any sovereign nation.

Changing Global Demographic

Over the past 250 years, the world's population has grown significantly since the time of the Industrial Revolution, along with economic progress. However, a new demographic shift is emerging - the possibility of a shrinking global population due to fewer births.

A Shifting World

Around 2000, the global fertility rate was comfortably above the "replacement rate" of 2.1, with 2.7 births per woman. Today, it's at 2.3 and still dropping. Surprisingly, even the largest 15 economies by GDP have fertility rates below the replacement level. This includes countries like the United States, as well as emerging nations like China and India, which together make up over a third of the world's population.

Aging Populations

As fertility rates decline, aging populations are becoming more common. It's not just Japan and Italy anymore, which have populations that are expected to be half of what they are now by 2100. Countries like Brazil, Mexico, and Thailand are also experiencing this trend. By 2030, over half of East and South-East Asia's population will be over 40, potentially leading to population decline as older generations aren't replaced. Except for Africa, the world's population is expected to peak in the 2050s and end the century smaller than it is today, with even Africa seeing a decline in fertility rates.

Economic Challenges

Aging populations bring economic challenges. The elderly depend on the working-age population for support through pensions and care, placing more burden on younger generations. While the rich world currently has around three working-age individuals (20-64 years old) for every person over 65, this ratio is expected to drop to less than two by 2050. This could mean higher taxes, delayed retirements, lower savings returns, and potential government budget concerns.

Balancing Act

While declining fertility rates present challenges, it's essential to understand that many of the reasons behind these trends are driven by positive socioeconomic factors. As societies become wealthier, individuals often choose to have fewer children

Looking Ahead

Addressing the potential shortage of young, educated workers globally will require creative solutions. Improving the skills of disadvantaged populations could help fill the workforce gaps. Africa's youthful population, combined with skills development, may lead to innovation in economies facing stagnation such as many African nations.

Israel approves plan for homes in West Bank


Israel's government has announced plans to build over 3,400 new homes in settlements in the occupied West Bank.

About 70% of these homes will be in Maale Adumim, east of Jerusalem, with the rest in nearby Kedar and Efrat, south of Bethlehem. The Palestinian Authority has criticized these plans, noting they are the first approvals since June.

Since the 1967 Middle East war, Israel has established roughly 160 settlements, housing around 700,000 Jewish settlers, in the West Bank and East Jerusalem—land desired by Palestinians for a future state. While most of the international community sees these settlements as illegal under international law, Israel disputes this.

Portugal

Portuguese authorities seized over 1.3 tons of cocaine hidden inside frozen fish intended for distribution across Europe. Seven individuals of different nationalities were detained as part of the operation. The cocaine, originating from Ecuador, was found at the Lisbon port. The police, conducting searches under "Operation Squid," also confiscated eight firearms, luxury vehicles, and various documents and objects.

Britain arrests over social media posts

A new study shows that 3,300 people were arrested last year for what they said on social media in Britain. One example showed a women in Liverpool, England who posted a rap song containing “the n-word”. She was arrested, prosecuted, found guilty, and was sentenced to a fine and 800 hours of community service.

History & Culture - The Emu War

In the early 1930s, Australia found itself in an unusual conflict known as the "Emu War." This event unfolded in Western Australia's wheat fields, where World War I veterans struggled to farm amidst the challenges of the Great Depression. Large groups of emus, driven by drought conditions, descended upon the region, causing extensive damage to crops.

In response, the government dispatched soldiers armed with machine guns in November 1932 to control the emu population. However, the soldiers faced significant challenges. Emus proved to be agile and difficult targets, evading attempts to corral them using trucks and gunfire.

The Emu War garnered attention both domestically and internationally. Despite the soldiers' efforts, the conflict failed to resolve the underlying issue, and emus continued to pose a threat to agricultural interests.

Today, the Emu War remains a peculiar episode in Australian history. The great nation of Australia declared war on Emu’s, and lost.

Fast Facts

  • In Ancient Asia, death by Elephants was a popular form of execution.

  • When you lose fat, it leaves your body in two ways: as carbon dioxide when you exhale, or as water through urine or sweat.

  • Since 1450 there have been six major world reserve currency periods. Portugal (1450–1530), Spain (1530–1640), Netherlands (1640–1720), France (1720–1815), Great Britain (1815–1920), and the United States from 1921 to today

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