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2021 opportunities & threats: inequality, mental health, environment

Kevin Sneader, Global Managing Partner at McKinsey & Company, provides perspective on what corporate business leaders are thinking during the global coronavirus crisis:

What are the opportunities and threats on the horizon for 2021?

Now, given the pandemic is still raging, it's hard to narrow the threats and opportunities down, but here are three threats and three opportunities. One, a growing likelihood of increased inequality on several fronts. Gender, since a quarter of women in work we recently did with LeanIn.org were either contemplating leaving or taking time out of the workforce. This reached 40% for those with young children. Race, since Black Americans have seen their jobs disappear at a far greater rate than their white counterparts. And income, since COVID deaths are 4 to 5 times higher among the unemployed and are concentrated in jobs that have been hardest hit. The second threat, mental health. The signs are increasing that this is the other side of the health threat that the virus poses. And three, the environment. They need to ensure a green rather than brown recovery at a time when money is tight.

On the opportunities, first off, flexibility in working through remote and other forms of working that are now happening. Secondly, innovation; we've seen more startups this year being started than in any year before. And lastly, the environment; for all that I said there is a risk of a brown recovery, policy makers and businesses alike in much of the world assuring they're prepared to invest behind the business case for a green recovery.

Now that Joe Biden is officially US president, leaders from around the world would like a word with him — but where will he make his first international trip?

After a tumultuous four years, many countries are now clamoring for a face-to-face with President Biden. That includes allies who felt abandoned by Trump's "America First" presidency, as well as adversaries with thorny issues on the agenda. We check in on who's pitching him hardest on a near-term state visit.

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Jon Lieber, Managing Director of the United States for the Eurasia Group, shares his insights on what to expect from President Biden's first 100 days:

It's Inauguration Day. And you can see behind me the Capitol Building with some of the security corridor set up that's preventing people like me from getting too close to the building, as Joe Biden gets sworn in as our 46th president. Historic day when you consider that you've got Kamala Harris, the first woman vice president, the first woman of color to be vice president.

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On Wednesday, Joe Biden will become president because eighty-one million Americans, the highest tally in US history, voted to change course after four years of Donald Trump's leadership. Like all presidents, Biden and his vice president, Kamala Harris, take office with grand ambitions and high expectations, but rarely has a new administration taken power amid so much domestic upheaval and global uncertainty. And while Biden has pledged repeatedly to restore American "unity" across party lines — at a time of immense suffering, real achievements will matter a lot more than winged words.

Biden has a lot on his agenda, but within his first 100 days as president there are three key issues that we'll be watching closely for clues to how effectively he's able to advance their plans.

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Kamala Harris was sworn in today as the first woman Vice President of the United States. That means she's only a heartbeat away from occupying the Oval Office — and could well be the Democratic candidate to replace Joe Biden if the 78-year-old president decides to not run for reelection in 2024. Should Harris — or another woman — become US president soon in the future, that'll (finally) put America on par with most of the world's top 20 economies, which have already had a female head of state or government at some point in their democratic history. Here we take a look at which ones those are.

The GZERO World Podcast with Ian Bremmer. Listen now.

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