GZERO Media logo

Coronavirus Politics Daily: Zara cancels Bangladesh, Putin aids America, Europe helps Iran

Coronavirus Politics Daily: Zara cancels Bangladesh, Putin aids America, Europe helps Iran

Read our roundup of COVID-19 themes and stories from around the globe.

Europe skirts US sanctions to help Iran: While the US insists on tightening the sanctions noose around COVID-stricken Iran, European countries are now sending medical equipment. To do so, they are using for the first time a system called INSTEX, a back-channel financial mechanism created a year ago that allows Europe to maintain trade ties with Iran despite US sanctions. Recall that in 2018 the US pulled out of the multilateral Iran nuclear agreement and reimposed crippling sanctions – the Europeans stayed in the deal and have tried to salvage it. To date, Iran has suffered more than 3,000 deaths from COVID-19, one of the highest tolls in the world. Some say that Iran's failure to contain the contagion has been complicated further by US sanctions, which have thwarted the Islamic Republic's ability to fund medical imports. Tehran has urged the US to ease sanctions to no avail, but Ayatollah Khamenei has also, citing some wild conspiracy theories about the coronavirus' origin, refused medical aid from Washington.


COVID tears up Bangladesh's garment industry: Bangladesh, the South Asian country of 164 million that produces the most apparel in the world after China, is reeling as coronavirus-related economic slowdowns lead to cancellations from some of the world's biggest clothing retailers. The country has already lost around $3 billion in export revenue, and stands to lose a total $6 billion from lost revenue in this financial year alone, as brands like Zara and Gap scrap their orders. Last year, garment exports made up around 84 percent of Bangladesh's overall export revenue, accounting for some $34 billion. In a country where poverty is already widespread (one person in five lives below the poverty line) the economic fallout from the pandemic alone could be catastrophic.

Russia sends medical aid to...the US: President Trump confirmed this week that Russia had sent a planeload of masks and other medical equipment to help the US as it grapples with a rapidly expanding coronavirus outbreak. Trump reportedly accepted the offer from Vladimir Putin during a phone call this week where the two leaders discussed pandemic response efforts as well as Russia's ongoing oil price war with Saudi Arabia. Putin has already sent a highly publicized shipment of aid to Italy, even as he struggles with what could be a huge outbreak of COVID-19 at home. But watching the United States – whom Putin has for years sought to cut down to size – accept aid from Moscow, is a particularly delicious propaganda victory for the Kremlin. What will Putin use it for?

Carbon has a bad rep, but did you know it's a building block of life? As atoms evolved, carbon trapped in CO2 was freed, giving way to the creation of complex molecules that use photosynthesis to convert carbon to food. Soon after, plants, herbivores, and carnivores began populating the earth and the cycle of life began.

Learn more about how carbon created life on Earth in the second episode of Eni's Story of CO2 series.

On September 23, GZERO Media — in partnership with Microsoft and Eurasia Group — gathered global experts to discuss global recovery from the coronavirus pandemic in a livestream panel. Our panel for the discussion Crisis Response & Recovery: Reimagining while Rebuilding, included:

  • Brad Smith, President, Microsoft
  • Ian Bremmer, President and Founder, Eurasia Group & GZERO Media
  • Jeh Johnson, Partner, Paul, Weiss, Rifkind, Wharton & Garrison, LLP and former Secretary of Homeland Security.
  • John Frank, Vice President, UN Affairs at Microsoft
  • Susan Glasser, staff writer and Washington columnist, The New Yorker (moderator)

Special appearances by UN Secretary-General António Guterres, European Central Bank chief Christine Lagarde, and comedian/host Trevor Noah.

More Show less

62: In a referendum over the weekend, nearly 62 percent of Swiss voters said they wanted to preserve freedom of movement between the European Union and Switzerland, which is not a member of the EU. The right-wing Swiss People's Party had proposed imposing migration quotas at the border, saying that the current frontier is basically a... (okay, they didn't actually say it's a "Swiss cheese" but still).

More Show less

Carl Bildt, former Prime Minister and Foreign Minister of Sweden, shares his perspective on the Navalny poisoning on Europe In 60 Seconds:

Can Europe get to the bottom of Russian opposition leader Navalny's poisoning? And if so, would it change anything?

One has got to the bottom of it, to certain extent. The evidence, there was a German laboratory confirming nerve agent, Novichok. They sent it to a French laboratory and the Swedish independent laboratory, they came to the exact same conclusions. I mean, it's dead certain. He was poisoned with an extremely poisonous nerve agent coming from the Russian state laboratories. Now, there is a discussion underway of what to do. I mean, the Russians are refusing any sort of serious discussions about it. Surprise, surprise. And we'll see what actions will be taken. There might be some sort of international investigation within the context of the OPCW, the international organization that is there, to safeguard the integrity of the international treaties to prevent chemical weapons. But we haven't seen the end of this story yet.

Watch as Nicholas Thompson, editor-in-chief of WIRED, explains what's going on in technology news:

Would Facebook actually leave Europe? What's the deal?

The deal is that Europe has told Facebook it can no longer transfer data back and forth between the United States and Europe, because it's not secure from US Intelligence agencies. Facebook has said, "If we can't transfer data back and forth, we can't operate in Europe." My instinct, this will get resolved. There's too much at stake for both sides and there are all kinds of possible compromises.

More Show less
UNGA banner

GZEROMEDIA

Subscribe to GZERO Media's Newsletter: Signal

Panel: How will the world recover from COVID-19?

UNGA Livestream