
Borkena
Toronto – Ethiopia’s Ministry of Foreign Affairs (MFAE) on Tuesday announced that Ethiopia is selected to host a UN Climate Summit #COP32 in 2027.
In a brief update on its social media page, MFAE said “With the strong backing of the Africa Group, Addis Ababa is set to become the meeting ground for the world’s climate leaders in 2027.”
The Ministry tends to see that the Green Legacy and investment in clean energy Ethiopia has been making is a testament that “Ethiopia embodies the spirit of sustainable transformation.”
Reuter’s report published on Tuesday indicated that Nigeria was competing in the bid to win host status for the climate summit. MFAE said Ethiopia secured the support of the Africa Group.
What the win means for Ethiopia is, according to sources, it will be assuming a presidency role which enables it to influence goal setting for the summit and its outcome. Ethiopia will also be in a position to highlight its own challenges related to climate issues.
The decision has not yet been “officially adopted.” However, Ethiopia has got the support of African nations.
Reuters cited Ethiopian Ambassador to Brazil, Leulseged Tadese Abebe, as saying, to a plenary session of the COP30 summit, “We are deeply grateful for the trust and confidence bestowed on the Ethiopian people and government.”
The host country for COP31 is not yet confirmed. Australia and Turkey are pursuing the role, according to Reuters. COP30 is underway in the Amazonian city of Belem, Brazil and over 50,000 participants are taking part from across the world.
Ethiopia expects a similar number of participants from around the world.
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‘Rent seeking’ (1%) and ‘Sustainable Development’ (99%) CANNOT go hand in hand…
The current ‘Climate Crisis’ is the OUTCOME of ~400 years of Capitalist ‘RENT SEEKING” (maximizing PROFIT) scheme.
When GDP and (narrow) ‘Economic-Growth’ ( such as ‘AI & Chips’) are measured (erroneously) by ‘HUGE PROFIT MARGIN’ ( Higher Rent return) ‘expectations’ for hundreds of years, it easy to get mislead and call PRICE DROPS and LOWER PROFIT MARGINS ( (engineered) ‘Sustainable Development’ ) as ECONOMIC COLLAPSE, while the DATA (of 45 years) from China shows, the OPPOSITE is true.
It just shows that ‘rudimentary’ methods may bring intended results (some of the times) but they ARE NOT sufficient enough tools to rely on to determine future OUTCOMES, ( “The proof is in the pudding”).
‘Top China execs forecast more deflation and falling profits ahead. And that’s the plan.’
Link = youtube.com/watch?v=wQex7kNSnJg
Lesson:
======
“Privatization” ( liberalization = Rent seeking ‘scheme’ ) is ‘Achilles’ heel’, leading to ( DEBT TRAP).
Managed Economies do better overtime.
WAR, Stoke Market, & Financial Services based economies (‘yuge’ GDP) are DECLINING in real-time, while Infrastructure, Manufacturing, Natural Resources development, & green energy based economies are on the RISE.
The Oct 2025 IMF report GDP growth for 2026 shows G7 = 1.2% , BRICS + =3.7%
Link = imf.org/en/-/media/files/publications/weo/2025/october/english/text.pdf
Be well.
‘Rent Seeking’ capitalist system vs Inclusive -‘Sustainable Development’ & healing the Climate…
‘Richard D. Wolff & Michael Hudson: Trump Is Blowing It Up: Dollar Is on the Edge of TOTAL COLLAPSE!’
( ‘Rent seekers’ desperate to find a prey, to exploit… Venezuela… SA )
Link = youtube.com/watch?v=y2T–gsve5Y
The flip side of ‘COP’ (Climate Change Conferences) is that many outside of the ‘movement’ always suspected it to be a ‘cash cow’ ( TAX collection scheme…) but now the main and LEADING supporters ( the likes Bill Gates) seem to have come to the regularization and stepping away from it or changing their stance.
Many people always knew that all the ‘natural disasters’ worldwide that were LINKED to “Climate Change’ were the result of HAARP (The High-frequency Active Auroral Research (Atmospherics-warfare) Program is a University of Alaska Fairbanks program funded by US Military.)
Be well.
‘Rent seeking’ vs ‘Sustainable (inclusive) Development’
‘Why everything you know about China is wrong? (Episode 1)’
Prof. Keyu Jin
Link = youtube.com/watch?v=sEXiN57s64w
Part 2:
‘The Secret Economic Playbook That Outsmarted America (Episode 2)’
Link = youtube.com/watch?v=zykSx_0xbag
#3)
‘Chinese economist explains how China’s economy works | Keyu Jin and Lex Fridman’
Link = youtube.com/watch?v=U1mZOs5rp18
Be well.
When Capitalism decay into Imperialism (( Capitalism (‘Market Economy’) -> ‘Sanction Regime’ -> Dictatorship & Fascism).
Makes ‘DEMOCRACY’ an empty ‘SLOGAN’ designed to be used as a WEALTH TRANSFER ‘cloak’ to FATTEN-THE FEW (1%) while impoverishing THE MANY (99%); yes a few LOCAL BENEFICIARIES (banddas/hired guns) will fill their pockets till the pot is emptied, and only the shell is left.
‘Venezuela Breaks the Script: Why U.S. Power Fails in the New Multipolar World’
Prof. John Mearsheimer’.
Link = youtube.com/watch?v=TWGZXQUviUM
While Maria Corina Machado (Nobel Peace Prize 2025) awaits, for Venezuela ( her birth place) to be turned in to Libya by US Military, and to be AWARDED the Presidency ( to build a new PALACE for herself on the blood socked RUINS.
#2)
‘Ground Zero in Venezuela: The REAL Reasons for US Aggression | Diego Seguera w Carl Zha’
Link = youtube.com/watch?v=0SX6DaGVFpE
#3)
Why the PANIC in the COLLECTIVE West, is making their leadership to blind-walk into taking CATASTROPHIC moves; that would make their INEVITABLE DOOM in WARP speed.
‘Mass Bankruptcies Sweep U.S. Economy, Yellen Blasts Trump, Panic Over China Gold Buying’
Link = youtube.com/watch?v=gmXaJ1N8di0
“First slowly, and all of a sudden”, EH.
Be well.
Rent Seeking vs Sustainable & Inclusive Development
‘BRICS Launches New Payment System in 185 Countries…Watch Out Dollar!’
Link = youtube.com/watch?v=jJZ6fpt3wv4
#2)
‘China Just Popped America’s AI Bubble…Watch Out!’
Link = youtube.com/watch?v=yLZHq2lwTv0
#3)
‘U.S. Bond Sales Go HAYWIRE As Bessent Begins Unthinkable $3T Plan To Reverse Demand Collapse’
Link = youtube.com/watch?v=HOBIOHj8VH4
When grabbing the Russian Oil via Ukraine-proxy-war fails, Venezuela’s Oil (with its newly minted ‘Nobel Prize’ winner in pocket) and Nigeria’s Oil ( with the help of its proxy “Boko Haram) come to CENTER STAGE & IN FOCUS…
Be well.