DAILY GEOPOLITICAL INSIGHTS: The Geopolitical News Roundup & Analysis for Monday 22 January 2024

Good Morning from the GEÓ Newsteam in Gibraltar – Today´s  Geopolitical Insights including: Red Sea tension, Renewables expansion & Ukraine Drone Attacks … #GEÓInsights #GEÓAnalysis #GEÓVoice #Geopolitics #RedSea #ClimateCrisis #Renewables #UkraineWar #DroneAttacks

RISK INTELLIGENCE: RED SEA – Regional Tension causes Geopolitical nightmare for maritime traffic. Despite the presence of the US & UK Royal Navy in the region the current Iran sponsored tension is causing serious problems for international trade. The fallout of the “blockage” caused as a result of the Ever Given being run aground saw over 369 ships queuing to pass through the canal, stranding an estimated €8.8 billion worth of trade. Learn More /…

CLIMATE CRISIS: RENEWABLES – The International Energy Agency (IEA) The huge expansion of Renewables opens the door to tripling the target set at COP28 according to a new report. The Global capacity for the generation of renewable electricity is growing faster than any time this century. Renewables 2023 features the first in-depth assessment of trends in renewables deployment since COP28 concluded. Learn More /…

GLOBAL FLASHPOINT: UKRAINE WAR – Many reports on the wires this weekend as a major Ukrainian Drone attack has “severely damaged” a major gas terminal close to St. Petersburg resulting in a huge fire. The huge Ust-Luga complex on the Gulf of Finland is approximately 170 km west of Russia´s second city – St. Petersburg. The attack has been attributed to the Ukraine SBU security service. Learn More /…