Plenty of words have been written and spoken about climate change. But residents of Kolkata and other Indian cities are being given the opportunity to get to grips with the issue in a new way: via dance and music.

Ekonama: The Beginning in the End is a contemporary dance work that challenges audiences to consider what humans will have to live for if the environment is ravaged beyond sustainability.

The creators of the hour-long performance hope that the combination of dramatic choreography, folk dance, vivid costumes and music will raise awareness and compel viewers to become climate change activists.

“I find art is extremely impactful in cases where you want the audience to have an emotional response,” Paramita Saha, co-director of Sapphire Creations Dance Company in Kolkata, said in an interview with the Thomson Reuters Foundation.

The performance depicts members of a secluded Indian tribal community going about their lives, reliant on their masked gods to protect them. One day a storm comes and the villagers find themselves caught in the throes of extreme weather brought on by climate change.

The dance depicts a future where hurricanes, droughts, floods and pollution have turned the planet’s last survivors into half-naked creatures scrounging and even killing for food, water and shelter.

Their gods, stripped of their regal costumes, turn out to be themselves only human.

“You could read three textbook chapters on the environment and feel bored, but when the same subject is turned out as an hour-long creative dance you get goosebumps, in awe when it ends,” said 22-year-old Anusaya Mitra about the piece, which premiered in Kolkata in 2016.

End of the journey

Mitra was one of a group of university students who were also studying dance at Sapphire Creations, and who developed an early version of the dance in 2015 as part of a fellowship sponsored by Microsoft.

The fellowship offered 18- to 25-year-olds a chance to experiment with art projects on environmental issues affecting Kolkata.

Mitra’s team created a 15-minute dance work entitled Ekoboom, which was performed in 16 universities and schools in and around Kolkata and seen by around 6,000 young people.

Saha, the co-director of Sapphire Creations, said that Ekoboom’s impact on audiences inspired her company to create the longer version, with a more developed narrative and sophisticated lighting and music.

The costumes worn by the dancers are made from textile off-cuts, to emphasize the need for recycling and reducing waste.

“For the general population a journey of a ‘thing’ ends in its being thrown into the bin or on the road. What happens after is none of their concern or is not even something they would think about normally. Such a journey depicted through any artistic medium… can be extremely thought-provoking for them,” Saha said.

Wake-up call

Mahashweta Bhattacharya, 20, who was part of the fellowship team, said the play was a wake-up call, even for many of the cast.

“We know that each of us is responsible in some small way for the decay of our planet. But we keep ignoring that voice and pushing it to the back of our minds. After seeing Ekonama, we couldn’t ignore our consciences any longer,” Bhattacharya said.

Sudarshan Chakravorty, artistic director of the dance company, worked with Turkish, Singaporean and Canadian choreographers and composers to develop the piece.

“Because climate change is already deeply touching everyone on this planet, Ekonama’s music… shows how art, when about a threat shared by all, can transcend cross-country borders, genres and culture,” Chakravorty said.

Following Ekonama’s international premiere at the Seattle International Dance Festival in June, the U.N. Framework Convention on Climate Change newsroom also has publicized the piece, noting the contribution of art and culture in raising awareness about climate change.

“Science, economics and politics will be crucial (to building climate resilience) but so will new thinking and new ways of expressing the challenges and opportunities to both leaders and the public — something arts and culture can do in fresh and fundamental ways,” Nick Nuttall, director of communications for the UNFCCC, said at a seminar earlier this year.

Now the Sapphire Creations troupe is busy practicing for performances scheduled for Mumbai’s Contemporary Dance Season in December, and the Uday Shankar Dance Festival in Jaipur, Rajasthan, in February.

Moved to act

Performers say they have already seen those affected by the performance taking action on environmental issues.

“Ekonama made an environmental activist out of my mother. She now goes up to people at our apartment block and asks them not to throw trash everywhere, especially (one-use) plastic stuff,” said Bhattacharya, who is pursuing a master’s degree in sociology at Delhi’s Jawaharlal Nehru University.

Saha points out that India, a country heavily vulnerable to climate disasters, needs greater public awareness of the need to act — but also policies to put that will into action.

“Performances like ours (will) help to open the climate conversation more in the mainstream,” she predicted.

 
…

From: MeNeedIt

California Governor Jerry Brown is continuing his international fight against climate change with an 11-day trip to Europe starting Saturday that includes stops at the Vatican and a U.N. conference in Germany.

Brown is a chief adversary to Republican President Donald Trump in the battle over U.S. climate policy, promising to help the country reach its emissions reductions targets even as Trump withdraws from an international climate accord. He’s been named the special adviser for states and regions at the U.N. Climate Change Conference in Bonn, Germany.

“While the White House declares war on climate science and retreats from the Paris Agreement, California is doing the opposite and taking action,” Brown said in a statement announcing the trip. “We are joining with our partners from every part of the world to do what needs to be done to prevent irreversible climate change.”

The nonprofit California State Protocol Foundation, which accepts donations from private businesses, pays for Brown’s international travel. Travel for Brown’s staff members will be partially covered by money from the nonprofit Climate Registry and the Climate Action Reserve, a program that deals with carbon offset projects, spokesman Evan Westrup said.

Summit next year

Brown’s November trip follows visits to China and Russia earlier this year to promote international collaboration on climate change. Next year, he plans to host a summit in San Francisco.

He will give a speech Saturday to the Vatican Pontifical Academy of Sciences symposium. During the week, Brown will address European Parliament leaders and the state parliament in Baden-Wurttemberg Germany, meet with representatives from national scientific academies and serve on several panels at the U.N. conference.

Governors Kate Brown of Oregon, Jay Inslee of Washington and Terry McAuliffe of Virginia, all Democrats, will join him on a panel about states’ roles in fighting climate change. California Senate leader Kevin de Leon, also a Democrat, is scheduled to speak Friday at a Vatican workshop on climate.

The trip ends November 14.
…

From: MeNeedIt

Members of the U.S. International Trade Commission on Tuesday made three different recommendations for restricting solar cell and panel imports on Tuesday, giving President Donald Trump a range of choices to address injury to domestic producers.

The recommendations range from an immediate 35 percent tariff on all imported panels to a four-year quota system that allows the import of up to 8.9 gigawatts of solar cells and modules in the first year. The president’s ultimate decision could have a major impact on the price of U.S. power generated by the sun.

Both supporters and critics of import curbs on solar products were disappointed by the proposals, which were unveiled at a public meeting in Washington.

Trade remedies were requested in a petition earlier this year by two small U.S. manufacturers that said they were unable to compete with cheap panels made overseas, mainly in Asia. The companies, Suniva Inc and the U.S. arm of Germany’s SolarWorld AG, said Tuesday’s recommendations did not go far enough to protect domestic producers.

“The ITC’s remedy simply will not fix the problem the ITC itself identified,” Suniva said in a statement. The company, which is majority owned by Hong Kong-based Shunfeng International Clean Energy, filed the rare Section 201 petition nine days after seeking Chapter 11 bankruptcy protection in April. It had sought a minimum price on panels of 74 cents a watt, nearly double their current cost.

One analyst said the stiffest remedy recommended, a 35 percent tariff on solar panels, would add about 10 percent to the cost of a utility-scale project but would have a negligible impact on the price of residential systems because panels themselves make up a small portion of their overall cost.

“It’s not nearly the doomsday impact we were potentially expecting,” said Camron Barati, a solar analyst with market research firm IHS Markit Technology.

But the top U.S. solar trade group, the Solar Energy Industries Association, said in a statement on Tuesday that any tariffs would be “intensely harmful” to the industry. The group has lobbied heavily against import restrictions on the grounds that they would undermine a 70 percent drop in the cost of solar since 2010 that has made the technology competitive with fossil fuels.

Recommendations

The ITC will deliver its report to Trump by Nov. 13. He will have broad leeway to come up with his own alternative or do nothing at all. Since only two members agreed on the same restrictions, there was no majority recommendation from the four-member commission.

“There is still plenty to be worried about,” said MJ Shiao, who follows the U.S. solar market for GTM Research.

Trump has vowed to protect U.S. manufacturers from low-priced imports, and U.S. Commerce Secretary Wilbur Ross has talked about tariff-rate quotas as a flexible way to protect some industries, allowing imports in as needed, but only up to a certain level before high tariffs kick in.

Commissioners David Johanson and Irving Williamson urged the president to impose an immediate 30 percent tariff on completed solar modules, to be lowered in subsequent years, and a tariff-rate quota on solar cells. Imports of cells in excess of one gigawatt would be subject to a 30 percent tariff that would decline after the first year.

ITC Chair Rhonda Schmidtlein recommended an immediate 35 percent four-year tariff on imported solar modules, with a four-year tariff rate quota on solar cells. This would impose a 30 percent tariff on imports exceeding 0.5 gigawatts and 10 percent on imports below that level. These tariffs would decline over a four-year period.

In the most lenient recommendation, Commissioner Meredith Broadbent said the president should impose a four-year quota system that allows for imports of up to 8.9 gigawatts of solar cells and modules in the first year.
…

From: MeNeedIt

Property damage claims from a series of deadly October wildfires now exceed $3.3 billion, California Insurance Commissioner Dave Jones said Tuesday.

The figure represented claims for homes and businesses insured by 15 companies and was more than triple the previous estimate of $1 billion. Jones said the number would continue to rise as more claims were reported.

The amount of claims now reported means that the fires caused more damage than California’s 1991 Oakland Hills fire, which was previously the state’s costliest, with $2.7 billion in damage in 2015 dollars, according to the Property Casualty Insurers Association of America.

Forty-three people were killed in the October blazes that tore through Northern California, including the state’s renowned winemaking regions in Napa and Sonoma counties. They destroyed at least 8,900 buildings as more than 100,000 people were forced to evacuate. It was the deadliest series of fires in California history.

Several dozen buildings were also damaged or destroyed in fires in Southern California’s Orange County.

“Behind each and every one of these claims … are ordinary people, Californians who lost their homes, lost their vehicles, in some cases whose family members lost their lives,” said Jones, a Democrat who is running for attorney general.

Jones said there were just over 10,000 claims for partial home losses, more than 4,700 total losses and about 700 for business property. There were 3,200 claims for damaged or destroyed personal vehicles, 91 for commercial vehicles, 153 for farm equipment and 111 for watercraft.

The figures do not reflect uninsured losses, including public infrastructure and the property of people who were uninsured or underinsured.

Arson suspect’s warning

Meanwhile, a man facing arson charges for a wildfire that destroyed two homes south of the San Francisco Bay Area had an ominous message for a prosecutor during a court hearing Tuesday: “You’re next.”

Marlon Coy, 54, uttered the words while glaring at Santa Cruz County District Attorney Jeffrey Rosell while he explained four of the felony charges Coy is facing, the Santa Cruz Sentinel reported.

Coy pleaded not guilty to charges of arson of a nondwelling, arson causing bodily injury and being a felon in possession of a firearm, the newspaper reported.

Witnesses saw Coy start the fire on October 16 near a property in Santa Cruz County connected to someone with whom he had a dispute, sheriff’s officials said.

Coy was arrested in possession of jewelry and a bicycle taken from a home that had been burglarized while under evacuation, according to sheriff’s officials.
…

From: MeNeedIt

The suburbs of Washington are the setting for a pilot project to promote healthier eating habits, a partnership between leaders of the Latino community there and researchers at George Washington University. The “Water up Project” encourages the community to drink more water and reduce their consumption of sugary beverages. Faiza Elmasry reports. Faith Lapidus narrates.
…

From: MeNeedIt

The luncheon special has brought a crowd into El Puente de Oro, a Salvadoran restaurant in Langley Park, Maryland. Owner and chef, Ciro Castro, has put together a meal with a large plate of chicken, beans and rice, salad, and a bottle of water.

“The plate that costs $10, for them costs only $5,” he says.

The meal deal is not only saving his customers money, it’s encouraging them do what they usually don’t – drink water.

“When they are over here eating, they ask for juice or soda, or any other stuff – no water,” Castro says. “I ask the waiters to offer water, even if they have a beer or any other soda or other drink, they can sometimes get a sip of water.”

Castro is pleased to be part of a positive change in his customers’ eating habits.

El Puente de Oro is one of five restaurants in this largely Latino suburb that joined a pilot program called the Water Up Project. Its goal is to get the community to drink more water and reduce their consumption of sugary beverages.

Neighbors and Friends

The campaign depends on volunteers, like local leader Brenda Barrios, who’s been explaining the program to neighbors and restaurant owners.

“It’s not like convincing (the business’ owners), it’s more like informing,” she explains. “It’s more like, you know why we need to change these menus. Can you, please help your families because at the end we are a big family, a big Latino family. We want to be healthy.”

Cindy Aguiler is one of her neighbors who have become supporters of the campaign.

“I like the idea and very excited about the Water Up Project because it promotes water. One of the simple, healthy and cheap things is water.”

She’s now drinking more water, and helping her five children develop this healthy habit by not buying soda drinks at home. “I buy juices. It’s maybe on the weekends, but try to make them drink a lot of water.”

Make it Visible, Make it Accessible

Uri Colon-Ramos, assistant professor of global heath at Milken Institute of Public Health in George Washington University, is co-principal investigator of the Water Up Project.

She says the question was how to promote drinking water instead of sugary drinks.

“One of the things we noticed right away that you go to these businesses, to the restaurants and you sit down and they don’t offer you water to drink,” she says. “You go here in DC and elsewhere, you sit down and this is the first thing they bring you, or there is a place where you can just grab water for free. That’s a big barrier because people would come thirsty, they would say, well give me a beer or horchata or tamarind or something really sugary. And they don’t drink water because they don’t have access there, and even if they ask for water, they would bring you a bottle of water that costs more than sugary drinks.” 

And, she says, ads target Latinos encouraging them to consume more sugary drinks. “Also in their home countries, they are targeted as well, and the globalization is very real. They’re used to drinking or seeing the promotion of soft drinks as well. They come here to the U.S. and they have more access to these drinks.”

The commercials downplay the serious health risks linked to sugary drinks.

“Sugary drinks are the number one risk factor for diabetes that we don’t need to have in in our diet,” the researcher explains. “There is no reason why we need the calories that are coming from sugary drinks. At least other foods provide other kinds of nutrients. These are nutrient poor type of food that contributes nothing but calories. And those calories come all in the form of sugar.”

The four-month long Water Up project started a few months ago, and researchers are now evaluating the results and feedback, hoping to make it more impactful and expand it to more neighborhoods. They hope this pilot project will inspire other communities around the United States and the world to think about what they drink and choose more water.
…

From: MeNeedIt

Climate change has caused severe harm to human health since the year 2000 by stoking more heat waves, the spread of some mosquito-borne diseases and under-nutrition as crops fail, scientists said on Tuesday.

Scant action to slow global warming over the past 25 years has jeopardized “human life and livelihoods,” they wrote in a report published in The Lancet, a British medical journal.

“The human symptoms of climate change are unequivocal and potentially irreversible,” said the report, entitled Lancet Countdown and drawn up by 24 groups, including universities, the World Bank and the World Health Organization (WHO).

Many governments are now trying to cut their greenhouse gas emissions under the 2015 Paris climate agreement, though U.S. President Donald Trump has weakened the pact by saying the United States, the world’s second biggest greenhouse gas polluter after China, will pull out.

“This (report) is a huge wake-up call,” Christiana Figueres, chair of the Lancet Countdown’s high-level advisory board and the United Nations’ climate chief at the Paris summit, told Reuters. “The impacts of climate change are here and now.”

Among its findings, the report said an additional 125 million vulnerable people had been exposed to heat waves each year from 2000 to 2016, with the elderly especially at risk.

Labor productivity among farm workers fell by 5.3 percent since the year 2000, mainly because sweltering conditions sapped the strength of workers in nations from India to Brazil.

The report, based on 40 indicators of climate and health, said climate change seemed to be making it easier for mosquitoes to spread dengue fever, which infects up to 100 million people a year.

The number of undernourished people in 30 countries across Africa and Asia rose to 422 million in 2016 from 398 million in 1990, it said.

“Undernutrition is identified as the largest health impact of climate change in the 21st century,” the report added.

“Glimmers of hope”

But despite the overall gloom, Anthony Costello, a director at WHO and co-chair of the Lancet Countdown study, said there were “significant glimmers of hope” in the situation.

The number of weather-related disasters such as hurricanes and floods rose 46 percent since 2000, but the number of deaths remained stable, suggesting that societies were improving protection measures against environmental catastrophes.

Almost 200 nations will meet in Bonn, Germany, from Nov. 6-17 to work on a “rule book” for the 2015 Paris climate agreement for shifting from fossil fuels.

The Lancet Countdown study did not estimate the total number of deaths from climate change. The WHO has previously estimated there could be 250,000 extra deaths a year between 2030 and 2050 because of climate change.

Nick Watts, executive director of the Lancet Countdown, said there could be a few benefits from warmer temperatures, such as fewer deaths from winter cold in nations from Russia to Canada.

“But those numbers are … almost negligible,” he said compared to the overall harm from global warming.

The Lancet study also said that the air in 87 percent of all cities, home to billions of people, exceeded pollution guidelines set by the WHO. Fossil fuels release both toxins and heat-trapping carbon dioxide when burnt.

Johan Rockstrom, director of the Stockholm Resilience Center and who was not involved in the Lancet study, said the report could bolster efforts to limit pollution in cities from Beijing to Mexico City.

“Air pollution is in a way an old issue,” he said, referring to decades of efforts to limit smog. “But it’s potentially coming to the forefront again as the most rapid vehicle to get action on climate change.”
…

From: MeNeedIt

Actor Kevin Spacey said Sunday he is “beyond horrified” by allegations that he made sexual advances on a teen boy decades ago.

The two-time Oscar winner posted on Twitter that he doesn’t remember the encounter. “But if I did behave then as he describes, I owe him the sincerest apology for what would have been deeply inappropriate drunken behavior, and I am sorry for the feelings he describes having carried with him all these years,” he said.

In an interview with BuzzFeed, actor Anthony Rapp said Spacey befriended him while they both performed on Broadway shows. Rapp was 14 when he attended a party at Spacey’s apartment in 1986, he said. At the end of the night, an inebriated Spacey picked him up, placed him on his bed, and climbed on top of him, Rapp said.

Rapp said the 26-year-old was holding him down tightly, but he was able to get away and left the apartment.

Rapp, who is now 46 and starring in the TV show “Star Trek: Discovery”, said he came forward after allegations against Harvey Weinstein sparked conversations about sexual abuse and harassment in the entertainment industry.

Spacey, who is now 58, spoke publicly about his sexual orientation for the first time Sunday on Twitter.

“As those closest to me know, in my life I have had relationships with both men and women,” he said. “I have loved and had romantic encounters with men throughout my life, and I choose now to live as a gay man.”

Spacey, who has fiercely protected his private life, had never disclosed his sexuality before but said Rapp’s story encouraged him to speak.

“I want to deal with this honestly and openly and that starts with examining my own behavior,” he said.
…

From: MeNeedIt

Despite a national fascination with everything new and shiny, there is a portion of America that is focused on the old and quirky. They can find what they’re looking for at antique shops, where treasures from someone’s attic share space with memorabilia from long-forgotten celebrations. Barry Richards takes us antiquing in Tennessee.
…

From: MeNeedIt

From eye-popping colors to outfits with plunging necklines and see-through tops to more conservative wear, fashionistas and industry professionals showcased their latest eye catching designs at this year’s Lagos Fashion Week in Nigeria Mariama Diallo reports.
…

From: MeNeedIt

People are big polluters, on the land, in the sea and even in outer space, that can include anything from a hammer that floats away from the space station, to radiation from a nuclear weapons test in the atmosphere.

“This can range from little chips of paint all the way up to spent rocket bodies and things like that,” said Dan Baker, director of the Laboratory of Atmosphere and Space Physics at the University of Colorado, Boulder. “We’ve been trying to figure out how can we most effectively eliminate this debris without causing more of a problem.”

Space debris travels so fast, even an orbiting chip of paint can poke a hole in a satellite. But Baker says something tinier, and natural, is a bigger hazard: It’s the highly charged “killer electrons” of the magnetized zone above the earth called The Van Allen Belts.

“We’ve observed them to cause very significant problems for spacecraft,” Baker said.

Electro-magnetic planetary blanket

The doughnut-shaped Van Allen Belts around our planet protect life on earth from solar winds and cosmic rays. But their highly energetic charged particles can damage the circuitry in space stations, weather satellites and other machines that travel through that region of space.

Baker notes that “killer electrons” can also come from some human activities, like the atmospheric testing of nuclear weapons.

“Back in the 1950s and especially in the 1960s, there were nuclear explosions that put huge amounts of radiation into space that caused many satellites to ‘die’ because of radiation damage,” he said. “And if that were to happen today, we know that there are over 1,400 satellites operating in space around the earth and all of those could be subject to very severe consequences.”

Most nations adhere to treaties that prohibit atmospheric weapon testing. But Baker says that’s no guarantee.

“What is worrisome to us from a political standpoint today is that there are nations, for example, North Korea and others, that may be thinking once again, and who may not be adherent to such treaties, that this might be an interesting way to mess with modern technology,” Baker said.

Mysterious space shield

Radiation particles in the Van Allen Belts already “mess” with modern technology. So when satellites must spend time in that region, they are built with thicker materials. That armor makes them heavier, and more expensive. Fortunately, spacecraft and satellites that orbit just under the Van Allen Belts don’t need this heavy shielding. Baker says that’s because, at the lower edge of the Van Allen Belts, the killer electrons abruptly stop.

He compares it to the shields that protected Captain Kirk’s ship, the Enterprise, from phasers and asteroids on Star Trek.

Scientists have known for years that something here on the earth creates an invisible bubble that clears killer electrons from the lower edge of the Van Allen Belts. Just what makes that shield has been a mystery.

But recently, Baker’s teams figured out its source. The “bubble maker” is very low frequency radio transmissions, also known as VLF. Militaries use VLF to communicate with submarines underwater. It turns out those radio waves also travel up, through the atmosphere, to the Van Allen Belts.

“So the VLF bubble is made up of these intense waves. These waves act to sort of scatter and scrub the inner part of the Van Allen Belts,” Baker said, admitting, “I would prefer that we not be messing with nature. However, in this particular case I would say that there is some evidence that this is beneficial.”

John Bonnell, a researcher at the University of California Berkeley’s Space Sciences Lab, agrees that VLF “pollution” is probably benign, and he points to the high-energy radiation emitted by lightning bolts as evidence.

“We’ve had natural clearing of the radiation Belts with lightning, for as long as we’ve had lightning. So in essence, you’ve had a long-running experiment that you can look at and say, ‘Well, if we’re going to do things on sort of a sporadic basis, whereas lightning’s been doing it daily for hundreds of millions of years, the likelihood of there being a bad side effect is pretty minimal,’” he said.

Bonnell says that discovering a man-made way to clear killer electrons from the Van Allen Belt does not mean we will soon create “shields up” devices that use magnetics or radio transmissions. At least, he says, we’re not making them yet.

“It’s a fascinating possibility and it’s a fascinating technology that could enable us in the future, to explore more of the solar system with people, with robots. And so it’s definitely something that people pick away at slowly over time,” he said.

Bonnell says scientists, engineers and astronomers have teamed up to make amazing discoveries about how to study, and travel through, outer space. And while the future shape of space exploration is a mystery, our new understanding about the man-made “pollution” that shields satellites may be an important part of it.
…

From: MeNeedIt

Xavier Gabriel can take some credit if the tiny Catalan mountain town of Sort is one of the most famous in Spain.

He runs a lottery shop called La Bruja de Oro, or The Golden Witch, in a town whose name, aptly, means “Luck” in Catalan. Its fortune in having sold many prize-winning tickets has made it a household name and a successful online business.

But the crisis surrounding Catalonia’s push for independence has changed life for 60-year-old Gabriel. He joined more than 1,500 companies in moving their official headquarters out of the wealthy region in recent weeks. Their main fear: that they would no longer be covered by Spanish and European Union laws if Catalonia manages to break away, dragging their businesses into unknown territory.

“The time had come to make a decision,” said Gabriel, who employs 16 people and describes himself as a proud Catalan.

​Hedging their bets

Like Gabriel’s, the vast majority of companies that moved their headquarters didn’t transfer workers or assets, such as bank holdings or production equipment. So far, it’s mainly a form of legal insurance. But as the political crisis escalates, the risk is that companies are deferring investments and hiring. There is evidence that tourists are holding off booking, perhaps frightened by images in the media of police crackdowns, street demonstrations and strikes.

And the situation risks getting worse before it improves: the central government’s decision Friday to take control of the region could spiral out of control if there is popular resistance, whether by citizens or local authorities like the Catalan police force.

“There is absolutely no doubt that the crisis is having a very damaging effect on the economy,” said Javier Diaz Gimenez, an economics professor at Spain’s prestigious IESE Business School.

Financial markets in Spain have so far fallen only modestly, reflecting investors’ apparent belief that the tensions will eventually be resolved. The Spanish government has called a regional election in Catalonia for Dec. 21 and could later consider revisions to the constitution that might placate some of the independence supporters.

But that could take some time, Diaz Gimenez says, given how confrontational both sides have been.

Banks leave

The list of businesses moving headquarters includes Catalonia’s top two banks, Caixabank and Sabadell, which are among Spain’s top five lenders. Then there is the Codorniu cava sparkling wine maker for which Catalonia is famous. Another well-known cava maker, Freixenet, is also planning to follow if the independence drive continues. Publishing giant Planeta, the world’s leading Spanish-language publisher and second biggest publisher in France, has also moved its official address out of Catalonia.

Caixabank says it suffered a moderate but temporary run on deposits because of the crisis, but said it has since recovered and was adamant the move was permanent.

Shares for Caixabank, Sabadell and some other companies have been volatile, falling after the Oct. 1 vote for independence and jumping sharply when they announced their decision to move headquarters.

Tip of the iceberg

Lottery shop owner Gabriel says ticket sales this month are up nearly 300 percent over last year, a rise he attributed to popular support for his decision to move his business.

Diaz Gimenez said the decisions to move headquarters, while not immediately affecting jobs, were “just the tip of the iceberg.”

“Plans to relocate firms or invest elsewhere are going to accelerate and some of it is going to go to, say, Poland, and it’s never going to come back,” he said.

“People that were thinking about investing in Spain and Barcelona are starting to think again,” he said. “It’s not just Catalonia. It’s the mismanagement by Spain, which is proving that it’s not a serious country because it cannot solve this thing.”

Spanish economy humming

The turmoil, ironically, comes just as Spain has been enjoying some of the fastest economic growth in Europe.

Its economy, the fourth-largest in the 19-country eurozone, grew by a hefty quarterly rate of 0.9 percent in the second quarter. The government has maintained its forecast for growth in 2017 at 3.1 percent, but revised its estimate for 2018 from 2.6 percent to 2.3 percent because of the political crisis. Moody’s credit rating agency has warned that a continued political impasse and, ultimately, independence for Catalonia would severely hurt the country’s credit rating.

Billions at stake

Tourism seems to be taking the biggest hit so far.

Experts say spending in the sector in Catalonia in the first two weeks of October — that is, following the independence referendum — was down 15 percent from a year earlier.

Tourism represents about 11 percent of Spain’s 1.1-trillion euro ($1.3 trillion) gross domestic product, with Catalonia and its capital, Barcelona, providing a fifth of that, being the most popular destinations for visitors.

Exceltur, a nonprofit group formed by the 25 leading Spanish tourist groups, expects growth in tourism this year to ease from an estimated 4.1 percent to 3.1 percent.

Reservations in Barcelona alone are down 20 percent compared with last year, it said. If the trend continues in the final three months of the year, it could lead to losses of up to 1.2 billion euros ($1.41 billion) in the sector, which in turn could affect jobs.

Analysts fear that the independence movement’s stated aim of continuing to create as much social and economic chaos for Spain as possible could exacerbate the situation. The Catalan National Assembly group has been openly talking about a boycott against Spain’s top companies and major strike activity.

“Spain, its tourism, everything is very dependent on image,” Diaz Gimenez said. “And this is just killing it.”
…

From: MeNeedIt