Australia’s Decision Day

Australia’s Decision Day

Voters in Australia head to the polls tomorrow to elect a new government. Though few outsiders closely follow politics in this country, this election tells interesting stories about three of the most important issues in today's world: Immigration, climate change, and managing changing relations with China. It's also a country with a steady economy—but lots of political turnover.

Consider:


  • Australian prime ministers enter politics through a revolving door. The country has had six changes of prime minister in the past 12 years, mainly as a result of infighting within both major political parties.
  • But that's not because of an economy in the dumps. In fact, Australia hasn't suffered a recession in nearly three decades. Analysts cite openness to immigration and trade, and intelligent government as the secret formula to Australia's economic success.
  • Australians have to vote or face a fine. Compulsory voting will bring an expected 97 percent of eligible voters – more than 16 million people – to cast a ballot. Nearly 3 million have already voted in early balloting.
  • Australia is a nation of immigrants. In fact, more than a quarter of Australians were born abroad, double the rate in the United States.
  • Migration has become a hot political topic. More than half of Australians said in 2018 that immigration rates are too high, and Prime Minister Scott Morrison, a former immigration minister, is running for re-election on a pledge to cap immigration.
  • Relations with China also loom large. Ethnic Chinese make up 1.25 million of the country's 25 million people, and many of them live in competitive districts that are particularly important for the election outcome. China is Australia's number one trade partner, but controversies over alleged Chinese spying and an Australian decision to ban Chinese firm Huawei from its 5G communications network have angered some in the Chinese community.
  • The weather is heating up too. Following a steady rise in temperatures and a year of drought, floods, wildfires and cyclones, nearly 60 percent of Australians say "Global warming is a serious and pressing problem. We should begin taking steps now even if this involved significant costs." Opposition leader Bill Shorten has made climate change a major part of his campaign.

The bottom line: The center-right Liberal-National Coalition or center-left Australian Labor Party: Whoever wins will face tough questions on the future of immigration, climate policy, and all-important relations with China.

For more than 15 years, Walmart has been collaborating with others to drive change across global supply chains. The company's sustainability efforts prioritize people and the planet by aiming to source responsibly, sell sustainable products, protect natural resources and reduce waste and emissions.

  • Walmart powers around 29% of its operations with renewable energy.
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  • Walmart is working with suppliers through its Project Gigaton initiative to avoid a gigaton of greenhouse gas emission by 2030.

Iran has vowed to avenge Sunday's attack on its Natanz nuclear facility. Tehran blames Israel, which — as in the past — has neither confirmed nor denied it was responsible. And all this happens just days after indirect talks on US plans to rejoin the 2015 Iran nuclear deal resumed in Vienna. What the Iranians do now will determine the immediate future of those negotiations, a Biden administration priority.

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Ian Bremmer shares his perspective on global politics this week on World In 60: J&J vaccine woes, Blinken warns China, Fukushima water and a large rabbit.

How will the pause of Johnson & Johnson vaccine affect the overall pandemic fight in the United States?

Yeah. Right at it, right? Well, we heard that the FDA has suspended vaccines from J&J because of blood clots. They found six in seven million cases. It's kind of like the suspension of AstraZeneca in Europe. It's likely only going to last for a few days. It's a very small percentage of the total number of vaccines that are being jabbed right now into the arms of Americans. It's not going to really slow America's ability to get everyone vaccinated, but it is going to create more vaccine hesitancy. People at the margins will say, "Is this safe? They said it was fine. Now they're saying it's not okay." I understand why there's enormous caution on the part of the FDA, but I wish, wish, wish the communications had been a little softer around all of this. Also will be a problem in terms of export, as J&J is going to be a piece of that. And again, others around the world will say, "Well, if I don't get Moderna, if I don't get Pfizer, I'm not sure I want to take it at all." So all of this is negative news, though I would still say the United States this year is looking really, really good among major economies in dealing with pandemic.

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750 million: While struggling with one of the worst coronavirus outbreaks in the world right now, India has approved Russia's Sputnik V COVID vaccine. Moscow has a deal in place to produce 750 million doses of the shot in India.

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In recent weeks, both Pfizer and Moderna have announced early phases of vaccine trials in children, and Johnson & Johnson also plans to start soon. If you know a kid who wants to learn about vaccines, how they work, why we need them, this story is just what the doctor ordered.

Watch the episode: Vaccine nationalism could prolong the pandemic

Ian Bremmer's Quick Take:

Hi everybody. Ian Bremmer here. Welcome to your week and I've got your Quick Take and thought I would talk a little bit about where we are with Iran. One of the Biden administration's promises upon election was to get the Americans back into the JCPOA, the Iranian nuclear deal. As of last week, negotiations are formally restarted, and pretty quickly, in Vienna, they're not direct. The Americans and Iranians are both there, but they're being intermediated by the Europeans because they're not yet ready to show that they can talk directly to each other. That's Iran being cautious in the run-up to their presidential election coming this summer. But the movement is there. So far the talk has largely been about sequencing the Iranian government, saying that all of the sanctions need to be removed before they're willing to go back into the deal, because the Americans after all, unilaterally withdrew from a deal that the Iranians were indeed adhering to, and the inspections did confirm that.

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Ukraine is once again in a tough spot.

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Andean aftermath: Two big weekend elections in South America produced two stunning results. In Ecuador's presidential runoff, the center-right former banker Guillermo Lasso upset early frontrunner Andrés Arauz, a leftist handpicked by former president Rafael Correa. Lasso will take power amid the social and economic devastation of the pandemic and will have to reckon with the rising political power of Ecuador's indigenous population: the Pachakutik party, which focuses on environmental issues and indigenous rights, is now the second-largest party in parliament. Meanwhile, in a big surprise next door in Perú, far-left union leader Pedro Castillo tallied up the most votes in the first round of that country's highly fragmented presidential election. As of Monday evening it's not clear whom he'll face in the June runoff, but three figures are in the running as votes are counted: prominent neoliberal economist Hernando De Soto, rightwing businessman Rafael López Aliaga, and conservative Keiko Fujimori, daughter of the country's imprisoned former strongman. Meanwhile, in the congressional ballot, at least 10 parties reached the threshold to win seats, but there is no clear majority or obvious coalition in sight.

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