Friday 26 December 2014

The World In Crisis

As i sit down and write this piece, i realized how fast the year 2014 has gone by, and we are left with only four more days for the year to end and we will be ushering in the year 2015. A lot has happened on the international scene and for that matter the global arena with all sorts of power play going on. But the highlights of 2014 to me will be the disappearance of the Malaysian Airlines Flight MH370 with almost 239 passengers on board, Russia's annexation of Crimea, the Ukrainian crisis and the alleged shooting down of another Malaysian Airlines Flight MH17 over Ukraine also killing almost 300 innocent passengers. The shooting of unarmed blacks in the US could also be something worth mentioning as protests are seriously going on in some of the US cities to bring to the fore the senseless killings. The US Senate also released the much dreaded CIA Torture Report and the world was taken aback by the details of the report with some people calling for the officials in charge of such gross human rights abuses to be brought to book, but hey, who cares? Its the US the so called bastion of Western Democracy and they do as they please, so we just shut up and watch as the report gathers dust on the shelves.

In my opinion, coupled with other major events that took place in the year 2014, like the imposition of sanctions on Russia by the EU and the US the world is seriously in crisis. The reduction of the price of crude oil  on the world market is having far more repercussions  than it was imagined. The economies of some of the major OPEC countries is suffering as a result of this reduction. The Russian currency, the Rouble is in a serious decline and Nigeria's Naira is facing the same problem as the government had to devalue the currency. The sanctions imposed on Russia is also affecting the EU countries badly and it seems they do not want to admit it.

the year 2015 will definitely be a challenging year and we must all avoid plunging the world into a major crisis. Dialogue must be used to settle conflicts, human rights of people must be respected and the hypocrisy must end on the international scene. The world is truly and really is in a crisis judging by what went on during the year 2014.