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Welcome to Factal Forecast

For the week of Sept. 20-28

Welcome to Factal Forecast, a look at the week’s biggest stories and what they mean from the editors at Factal. We publish our forward-looking note each Thursday to help you get a jump-start on the week ahead. If this email was forwarded to you, and you like what you see, you can subscribe for free.

Have feedback, suggestions or events we’ve missed? Drop us a note: hello@factal.com

A look ahead:

Sept. 19/ U.S. Labor Secretary confirmation hearing: Eugene Scalia will appear before a Senate panel Thursday after being nominated by President Donald Trump in August to serve as the United States' next secretary of labor.

  • What's happened so far: Former Labor Secretary Alexander Acosta resigned in July amid fallout from his handling of the Jeffrey Epstein case as a U.S. attorney more than a decade ago. In picking his successor, Trump nominated the son of late Supreme Court Justice Antonin Scalia, who served as a top lawyer in the Labor Department during the George W. Bush administration.
  • The impact: Scalia, who in the past represented large companies and will likely continue to push an anti-labor agenda, is all but certain to be confirmed. His hearing comes amid the first United Auto Workers strike in a decade. Democrats have criticized the pace of Scalia's confirmation, with ranking committee member Sen. Patty Murray, D-Wash., saying a rushed hearing would undermine the vetting process.
A Google Earth view of the highly classified Area 51, which is located outside of Las Vegas.

Sept. 20/ Area 51 "raid": Security is high in rural Nevada after a joke Facebook post urging people to storm a U.S. Air Force facility Friday morphed into plans for two music festivals. 

Sept. 20/ Possible protests in Egypt: Five years after assuming Egypt’s presidency, Abdel Fattah el-Sisi is facing a rare threat of street protests Friday against his authority. 

  • What's happened so far: Though opposition groups have failed previously to rally public support against el-Sisi’s regime, the relatively well-known Egyptian actor and construction contractor Mohamed Ali has led this effort, posting frequently about alleged corruption in the country’s military establishment. He has called for a nationwide peaceful protest that would last one hour on Friday, demanding the president’s resignation.
  • The impact: While Ali has made a significant impact on social media, it’s unclear whether Egyptians will answer his call to take to the streets. Police have reportedly started preparing for potential demonstrations in Cairo and other major cities, and it’s possible the government could shut down internet and phone communications, as well as order a curfew.
Students in Prague went on the street to strike on March 15 to demand politicians to act urgently in order to prevent further global warming and climate change.
Photo credit: Petr Zewlakk Vrabec / Greenpeace

Sept. 20/ Manhattan climate change protest: Demonstrators will take to the streets of Manhattan on Friday as part of a global climate strike just days before world leaders gather in the city to discuss “concrete, realistic plans” to address climate change at the U.N. Climate Summit

Sept. 21/ Anti-Brexit protests in Edinburgh: On Saturday, pro-EU campaigners plan to march through the streets of Edinburgh, toward the Scottish Parliament at Holyrood, in opposition to the U.K. government’s Brexit policy.

Sept. 24/ U.N. General Debate: The United Nations’ 74th General Assembly (UNGA) kicks off Tuesday for a weeklong summit in New York City. UNGA President Tijjani Muhammad-Band, of Nigeria, selected poverty eradication, education and climate action as discussion themes.

  • What's happened so far: This year’s U.N. meeting takes place against the backdrop of a global climate crisis, international trade war and renewed conflicts between India and Pakistan, and the United States and Iran, among others. World leaders will address the summit over a schedule of five days — Trump is expected to speak Tuesday, while Indian Prime Minister Narendra Modi and Pakistan’s Imran Khan are expected Friday. Iran’s President Hassan Rouhani is also expected to address the gathering but has reportedly not yet been granted a U.S. visa to travel.
  • The impact: Iran has ruled out a sidelines meeting between Rouhani and Trump, according to state-run outlet Fars. The comments come in the wake of an attack on two major oil facilities in Saudi Arabia, which the Trump administration and Saudi Arabia has claimed was perpetrated by Iran. During the summit, New York City is shutting down many major streets, limiting ferry service and closing some bike routes around the United Nations compound.
Satellite imagery shows smoke billowing from Abqaiq, Saudi Arabia, after drone strikes set fire to the major oil facilities. Photo credit: Planet Dove

What else matters:

Attacks on Saudi oil assets: Saudi Arabia, the world’s biggest oil exporter, lost about half of its production capacity when drone and missile strikes (members’ link) significantly damaged the biggest processing facility of state-owned Aramco. The attacks, which are still being analyzed by Saudi and U.S. officials to determine their exact source, sent oil prices up by as much as 20 percent and prompted Trump to authorize the release of supplies from the U.S. strategic reserves if necessary to stabilize oil markets. 

  • Watch for: U.S. Secretary of State Mike Pompeo was quick to blame Iran for the attacks, despite the Houthis of Yemen claiming responsibility. Saudi Arabia said Wednesday the attacks came from the “north” and were sponsored by Iran, but stopped short of saying the missiles were launched from Iranian territory. Trump said the United States is “locked and loaded,” and chances of armed conflict have escalated.

Forest fires in Indonesia: Forest fires burning across Sumatra and Borneo in Indonesia are sending choking smog across Malaysia, Singapore and Brunei. Deliberate burning to clear land is an annual issue in the archipelago, but it has been particularly bad this year due to dry conditions. There are approximately 1,000 hotspots in Indonesia alone. Air quality is so poor in some areas that residents have fled their homes and hundreds of schools have closed in Indonesia and neighboring Malaysia. Nearly 150,000 people have been treated for respiratory conditions and more than 100 flights have been canceled.

  • Watch for: Environmental groups have accused the Indonesian government of failing to address the growing environmental disaster. Indonesian President Joko Widodo said 6,000 troops have been deployed to tackle the blazes and cloud seeding and water bombing efforts are also underway. The fires have also sparked diplomatic tensions – Indonesia has accused Malaysia of not being transparent about the extent their fires have contributed to the smog. In Borneo pollution is at "hazardous” levels. In nearby Singapore, air quality has hit unhealthy levels for the first time in three years.
Petronas tower covered by haze in Kuala Lumpur city, Malaysia, as the country is hit by haze from forest fires that came from Indonesia Borneo island and Sumatra.
Photo credit: Joshua Paul / Greenpeace

Extended outlook:

What’s on our radar in the coming weeks

Sept. 19: Climate forum with 2020 presidential candidates; U.S. Labor Secretary confirmation hearing; Supreme Court Brexit verdict expected

Sept. 20: NYC Climate Strike; Australian Prime Minister visits U.S.; Germany climate protection measures announced; Area 51 "raid"; possible protests in Egypt

Sept. 21: Brexit protest in Edinburgh; Polk County, Iowa, Steak Fry

Sept. 22: 71st Primetime Emmy Awards

Sept. 23: U.N. climate summit; climate change protest in Washington, D.C.; Spain government negotiation deadline; Cameroon to hold national dialogue with separatists to end Anglophone crisis

Sept. 24: U.N. General Assembly debate begins

Sept. 25: Michael Flynn called to testify before U.S. House committee

Sept. 27: Saudi Arabia to grant tourist visas for first time

Sept. 28: Afghanistan presidential election

Sept. 29: Austrian legislative elections

Oct. 1: China tariffs scheduled to rise

Oct. 2: Netanyahu pre-indictment trial due to begin

Oct. 4: Trump rally in Rochester, Minnesota

Oct. 6: Legislative elections in Portugal

Our members can subscribe to our full editorial calendar. Please email us at members@factal.com for access.

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