Protectionism What? EU and South America Strike Major Trade Deal

Protectionism What? EU and South America Strike Major Trade Deal

One of the largest multilateral trade deals in history was signed just a few days ago, between the European Union and Mercosur, a South American trade bloc that includes Argentina, Brazil, Paraguay, and Uruguay. The deal covers countries with a total population of nearly 800 million people and it took 20 years to hammer out. It will open up Europe to more South American agricultural goods, while reducing their duties on European manufactured exports like cars, shoes, machinery, and, of course, wines and cheeses.

Three quick thoughts on this:

Trump wasn't even in the room, but he's in this story: One reason the long-deadlocked talks got crackling again was that Trump's more confrontational approach to US allies on trade had pushed the Europeans into seeking opportunities elsewhere. This is the largest trade deal the EU has ever struck, following smaller recent deals with Japan, Canada, Mexico, and Singapore.

Did you think all "populists" were protectionists? They aren't. Brazil's controversial far-right president Jair Bolsonaro is a major backer of the deal. He has made it his mission to reduce tariffs and other investment barriers in what is one of the world's most protectionist countries. He sees that as a way to spur growth and clear away a legacy of left-wing economic policies.

Could it go up in smoke? Yup. Farmers in Europe and manufacturers in Mercosur don't like it, and that matters because the deal still requires ratification by each member country (that means 28 in Europe alone.) But the biggest immediate challenge will come in Argentina. If Wall Street friendly President Mauricio Macri loses his fading re-election bid to the leftwing protectionist ticket of Alberto Fernandez and former president Cristina Fernandez de Kirchner later this year, Buenos Aires could throw a wrench into this thing fast.

"I knew that history was my life's calling."

On Bank of America's That Made All the Difference podcast, Secretary of the Smithsonian Lonnie Bunch shares his journey and present-day work creating exhibits that inspire visitors to help our country live up to its ideals.

Viktor Orbán, Hungary's far-right populist prime minister, likes to shock people. It's part of his political appeal. Orbán has proudly proclaimed that he is an "illiberal" leader" creating a frenzy in Brussels because Hungary is a member of the European Union.

It's been over a decade since the 58-year old whom some have dubbed "the Trump before Trump" became prime minister. In that time he has, critics say, hollowed out Hungary's governing institutions and eroded the state's democratic characteristics.

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Why do (most) world leaders drink together? It can get them to agree on stuff they wouldn't while sober. Booze "helps people get cooperation off the ground, especially in situations where cooperation is challenging," says University of British Colombia professor Edward Slingerland. Alcohol, he explains, allows you to "see commonalities rather than just pursuing your own interest," which may put teetotaler politicians — like Donald Trump — at a disadvantage. Watch his interview on the next episode of GZERO World. Check local listings to watch on US public television.

In countries with access to COVID vaccines, the main challenge now is to convince those hesitant about the jab to roll up their sleeves, and this has become even more urgent given the spread of the more contagious delta variant. So, where are there more vaccine skeptics, and how do they compare to total COVID deaths per million in each nation? We take a look at a group of large economies where jabs are available, yet (in some cases) not everyone wants one.

Marietje Schaake, International Policy Director at Stanford's Cyber Policy Center, Eurasia Group senior advisor and former MEP, discusses trends in big tech, privacy protection and cyberspace:

QR codes are everywhere. Are they also tracking my personal data?

Well, a QR code is like a complex barcode that may be on a printed ad or product package for you to scan and access more information. For example, to look at a menu without health risk or for two-factor verification of a bank payment. And now also as an integral part of covid and vaccine registration. QR codes can lead to tracking metadata or personal data. And when your phone scans and takes you to a website, certainly the tracking starts there. Now, one big trap is that people may not distinguish one kind of use of QR codes from another and that they cannot be aware of the risks of sharing their data.

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Now that the Tokyo Olympics are finally underway, your Signal crew will be bringing you some intriguing, uplifting, and quirky bits of color from a Games like no other…

Today we've got— the best freakout celebrations!

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Tanzania reverses course on COVID: Just four months ago, the Tanzanian government was completely denying the existence of the pandemic. Then-President John Magufuli insisted Tanzania was COVID-free thanks to peoples' prayers, and refused to try to get vaccines. But Magufuli died suddenly in March — perhaps of COVID. His successor, current President Samia Suluhu, has acknowledged the presence of the virus in Tanzania, and although she was initially lukewarm on mask-wearing and vaccines, Suluhu has recently changed her tune, first joining the global COVAX facility and now getting vaccinated herself to kick off the country's inoculation drive. Well done Tanzania, because if there's one thing we've all learned over the past 18 months, it's that nowhere — not even North Korea, whatever Pyongyang says — is safe from the coronavirus.

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16: A new study tracking Earth's "vital signs" has found that 16 out of 31 indicators of planetary health are getting worse due to climate change. Last year's pandemic-induced shutdown did little to reduce global carbon dioxide emissions, stop the oceans from warming, or slow the shrinking of polar ice caps.

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How booze helps get diplomacy done

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