The Broken Economics of the Oceans

24m 35s2023-07-14N/A
Global AffairsInternational TradeGovernmentLegal+2 more

The Arafura Sea, located between Indonesia and Australia, used to be a very rich fishing area. However, illegal fishing, especially by large foreign vessels, has significantly reduced fish populations in Indonesian waters. This has led Indonesian fishers to illegally fish in Australian waters, particularly for sharks, whose fins are very valuable. The problem of illegal fishing is global, with large fleets from countries like China overfishing in many parts of the world, including off the coast of West Africa, and even North Korea, often ignoring international rules. This overfishing is a major threat to ocean health. Beyond fishing, the ocean also holds potential for new medicines and valuable metals for technology. However, deep-sea mining for these metals is controversial due to its potential environmental harm, and international rules for it are still being debated. A new treaty called the High Seas Treaty aims to better manage and protect marine resources in international waters, but its effectiveness will depend on countries' willingness to follow and enforce its rules.

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WreakedC2Verb (past participle)

To cause or inflict widespread damage or harm.

Examples:

  • The recent storm wreaked havoc on the coastal town, destroying many homes.
  • The company's unethical practices wreaked significant damage to its reputation.
  • A single careless mistake can sometimes wreak unforeseen complications for an entire project.
HamstrungC2Verb (past participle)

To severely restrict the efficiency or effectiveness of something or someone.

Examples:

  • Lack of funding has hamstrung the research team's ability to conduct crucial experiments.
  • The new regulations effectively hamstrung the small businesses, making it difficult for them to compete.
  • His injury hamstrung the athlete's performance in the final race.
BeallC2Noun

The ultimate solution or the most important thing; often used in the phrase "end-all be-all" to suggest something is perceived as the absolute and final answer.

Examples:

  • While the new software is impressive, it's not the end-all be-all for all our technical issues.
  • Many consider a college degree to be the be-all for career success, but experience also plays a vital role.
  • The committee debated whether this single policy would be the be-all to solve the complex economic problem.
WoefullyC2Adverb

In a manner that is very poor, inadequate, or regrettable.

Examples:

  • The city's public transportation system is woefully underfunded and inefficient.
  • Despite repeated warnings, the safety measures in place were woefully insufficient.
  • The team's performance was woefully lacking in the second half of the game.
CountdownC2Noun

A period of time leading up to an important event, often marked by the successive announcement of decreasing units of time.

Examples:

  • The launch control team began the final countdown to liftoff.
  • The two-week countdown to the project deadline left everyone feeling the pressure.
  • She started a personal countdown to her retirement, marking off each day on a calendar.
TerritoriallyC2Adverb

In a way that relates to a specific territory or area, often concerning its boundaries or jurisdiction.

Examples:

  • The dispute between the two nations was primarily territorially based, focusing on border regions.
  • The species is highly territorial, defending its nesting grounds vigorously.
  • Local laws are applied territorially, meaning they only have force within the city limits.
EvadesC2Verb (present, 3rd person singular)

To avoid or escape from something, especially by cleverness or trickery.

Examples:

  • The suspect successfully evades capture by disguising himself.
  • He always evades direct questions about his past, changing the subject quickly.
  • The slippery fish continually evades the fisherman's net.
DiscontinuedC2Adjective

To stop producing, providing, or offering something.

Examples:

  • The company discontinued the production of the outdated model of smartphone.
  • Due to low demand, the local bus route was discontinued last month.
  • The old software program has been discontinued, and updates are no longer available.
IllicitC2Adjective

Forbidden by law, rules, or custom; illegal or unlawful.

Examples:

  • The police raided the warehouse, seizing a large quantity of illicit goods.
  • Their illicit affair was kept a secret from their families for years.
  • The government is working to combat the illicit trade of endangered species.
PristineC2Adjective

In its original condition; unspoiled or uncorrupted.

Examples:

  • The remote beach remained pristine, untouched by human development.
  • She kept her vintage car in pristine condition, meticulously cleaning and maintaining it.
  • The newly discovered ancient manuscript was found in remarkably pristine shape.
PlunderedC2Verb (past participle)

To steal goods from a place or person, typically using force and in a time of war or civil disorder; to take something by force or theft.

Examples:

  • The ancient tomb was plundered by grave robbers, leaving little behind.
  • The pirates plundered the merchant ship, taking all its valuable cargo.
  • The invading army plundered the city, leaving widespread destruction in its wake.
ConundrumsC2Noun (plural)

Confusing and difficult problems or questions.

Examples:

  • The detective faced several complex conundrums in trying to solve the mysterious case.
  • Economists are grappling with the conundrums of inflation and stagnant growth.
  • The ethical conundrums presented by artificial intelligence are increasingly relevant.
ExploratoryC2Adjective

Relating to or involving exploration or investigation; done for the purpose of discovery or research.

Examples:

  • The team conducted an exploratory drilling operation to assess the oil reserves.
  • The initial exploratory phase of the project revealed unexpected challenges.
  • Scientists launched an exploratory mission to study the deep-sea vents.
ExpanseC2Noun

A wide, continuous area of something.

Examples:

  • The vast expanse of the desert stretched as far as the eye could see.
  • From the mountain peak, they admired the shimmering expanse of the ocean.
  • The city's lights twinkled across the dark expanse of the night sky.
OptC2Verb (base form)

To make a choice from a range of possibilities.

Examples:

  • Given the options, she decided to opt for the healthier meal choice.
  • Many students opt to study abroad during their junior year.
  • If you prefer a quieter environment, you can opt for the room facing the garden.
GroundworkC2Noun

Preliminary work or preparation; the basic work needed to prepare for something.

Examples:

  • The diplomatic discussions laid the groundwork for a future peace treaty.
  • Before starting construction, careful groundwork must be done to ensure a stable foundation.
  • Her early research provided the essential groundwork for later scientific breakthroughs.
NebulousC2Adjective

In a form of a cloud or haze; unclear, vague, or ill-defined.

Examples:

  • The concept of 'justice' can be nebulous, varying greatly from person to person.
  • His explanation of the new policy was so nebulous that no one understood it.
  • The boundaries of the new department remained nebulous, causing confusion among staff.
WhimC2Noun

A sudden desire or change of mind, especially one that is unusual or unexplained.

Examples:

  • She decided on a whim to travel to a new continent without much planning.
  • The artist often created his best work on a whim, following sudden bursts of inspiration.
  • He bought the expensive car on a whim, without considering his budget.
BlatantC2Adjective

Done openly and unashamedly, often in a negative sense.

Examples:

  • The politician's blatant disregard for the rules sparked public outrage.
  • It was a blatant lie, and everyone in the room knew it.
  • The advertisement was a blatant attempt to mislead consumers.
BastionsC2Noun (plural)

Institutions, places, or people upholding or defending certain principles, attitudes, or activities.

Examples:

  • The old university was considered one of the last bastions of classical education.
  • In a rapidly changing world, the library remains a bastion of knowledge and quiet contemplation.
  • The small town was seen as a bastion of traditional values.