Watching/Ignoring

​​​​​​WHAT WE'RE WATCHING

China’s Secret Weapons — US chipmaker Qualcomm abandoned a $44 billion deal to buy Dutch counterpart NXP on Wednesday after a deadline passed with no word from China’s antitrust regulators. Beijing’s approval was the only obstacle holding up the merger. The White House had lobbied hard for this deal, and President Trump spent plenty of political capital bailing out ZTE, a Chinese tech giant pushed to the brink of bankruptcy by US penalties. The saga is another reminder that the US-China trade war isn’t just about tariffs, and that both countries have many weapons at their disposal. The risk of escalation has just gone up.


Zimbabwe’s Election — Since independence in 1980, Zimbabwe has never had an election without Robert Mugabe. That streak will end on Monday. And this will be a vote worth watching. All political parties have been able to hold rallies without police interference, and US an European election observers have been welcomed for the first time in 16 years. In addition, Zimbabwe’s Electoral Commission says its new fingerprint ID system will help prevent the cheating that has marred past elections.

US politics adrift — A vandal attacked Donald Trump’s star on the Hollywood Walk of Fame with a pickaxe this week, and someone reportedly boarded and set adrift a $40 million 163-foot yacht owned by Trump administration official Betsy DeVos. Some will find these stories funny. Others, like your Friday author, believe there are 100,000 legitimate forms of protest, and vandalism is not one of them. It’s also the last thing the current US political climate needs.

WHAT WE’RE IGNORING

Steve Bannon — First came news the most overrated man in Washington was headed to Europe to launch a pan-European far-right political movement. Because Europeans who win votes with anti-American rhetoric badly need American help. Then came word that Bannon is in regular contact with former UK foreign minister and political bad boy Boris Johnson. Add Nigel Farage, and we’ll have that scene at the end of the film This Is Spinal Tap where the washed-up metal band reunites for a tour of Japan.

Zuckerberg’s Taste in Art — Facebook is having an awful week, but here’s yet another reason why it’s hard to sympathize. The Flemish tourist board accused Facebook this week of censoring a number of posts featuring paintings by Flemish masters—apparently because they included nudity. Let’s be crystal clear: Your Friday author is no fan of all those pudgy little cherubs Rubens has inflicted on us, but Zuckerberg better not be messing with Breughel the Elder.

Putin’s Inflatable Trojan Horse? — A soccer ball Vladimir Putin gave Donald Trump during their Helsinki summit reportedly contains a chip that can transmit information to nearby cell phones. (For the record, this is not satire). We’re ignoring this story because Trump’s well-known aversion to sports that provoke perspiration suggests Russian intelligence is much more likely to learn what 12 year-old Barron Trump wants for dinner than any presidential secrets.

Empowering minority-owned businesses in 2022

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One of the keys to accelerating financial inclusion and building a more equitable digital economy is to enable minority-owned businesses to scale. And one of the fastest ways to do that is through partnerships with a global network like Visa. At the Visa Economic Empowerment Institute (VEEI), we’re committed to providing research and insights on important issues related to inclusive economic policy. Our reports cover topics like what women-owned businesses need to unlock growth and how to empower Black and Brown-owned banks. Read more of our latest stories here.

Does the EU really have a foreign policy?

For decades, European leaders have debated the question of whether Europe should have a common foreign policy that’s independent of the United States.

Germany, the UK, and countries situated closest to Russia have traditionally preferred to rely on membership in NATO and US military strength to safeguard European security at a cost affordable for them.

French leaders, by contrast, have argued that, with or without NATO, Europe needs an approach to foreign-policy questions that doesn’t depend on alignment, or even agreement, with Washington.

There are those within many EU countries who agree that Europe must speak with a single clear voice if the EU is to promote European values and protect European interests in a world of US, Chinese, and Russian power.

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The politics of US crime: Perception vs reality

A recent spate of violent crimes in New York City has made national headlines. Since Eric Adams was sworn in four weeks ago as mayor of America’s most populous city, violence on the streets — and the subways — has again become a major political focus. Things got even more heated this week, when two young cops were killed while responding to a domestic dispute in Harlem.

Crime is not only a dominant political issue in New York. It also resonates more broadly with American voters worried over increased lawlessness and unrest. Indeed, crime is already shaping up to be a wedge issue as Republicans vie to win control of the US Congress this November.

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Hard Numbers: South China Sea jet search, US economy surges, Cuban protesters charged, Africa gets vaxxed

FILE PHOTO of a F-35C Lightning II, assigned to the Argonauts of Strike Fighter Squadron (VFA) 147, launches off the flight deck of Nimitz-class aircraft carrier USS Carl Vinson (CVN-70) on Jan. 14, 2022.

U.S Navy/EYEPRESS

100 million: The US Navy is scrambling to find a $100 million F-35 stealth fighter jet that crashed and sank soon after taking off on Monday from an aircraft carrier in the South China Sea. One expert described the Cold War-ish race to locate the remains — stocked with classified equipment — before the Chinese do as "basically The Hunt For Red October meets The Abyss."

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The logo of the Nord Stream 2 gas pipeline project is seen on a pipe at the Chelyabinsk pipe rolling plant in Chelyabinsk, Russia, February 26, 2020.

Nord Stream 2 used as a bargaining chip with Russia. The US now says that if Russia invades Ukraine, it’ll block the Nord Stream 2 pipeline, which is set to transfer even more natural gas from Russia to Germany under the Baltic Sea. This is a big deal, considering that Germany – thirsty for more Russian gas – has long been pushing for the pipeline to start operating despite ongoing objections from Washington. The $11 billion energy project, which would double Russian gas exports to Germany, is seen as (a big) part of the reason why Berlin is reluctant to push back hard against the Kremlin over its troop buildup at the Ukrainian border. Still, German officials admit Nord Stream 2 could face sanctions if the Russians invade, suggesting that the Americans’ threat was likely coordinated with Berlin in advance. This comes amid ongoing diplomatic attempts to de-escalate the Ukraine crisis, with US President Joe Biden and German Chancellor Olaf Scholz set to meet at the White House on February 7.

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Putin Has a “Noose” Around Ukraine, Says Russia Analyst Alina Polyakova | GZERO World

What’s going on in Vladimir Putin’s mind? That’s the million-dollar question.

Ukraine and Russia analyst Alina Polyakova doesn’t think it’s anything good.

Russia's president, she says, has put a “noose” around Ukraine with a troop build-up along the border that could spell invasion in the near term. The US has led an effort to deescalate the situation through diplomacy.

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The AI Addiction Cycle | GZERO World

Ever wonder why everything seems to be a major crisis these days? For former Google CEO Eric Schmidt, it's because artificial intelligence has determined that's the only way to get your attention.

What's more, it's driving an addiction cycle among humans that will lead to enormous depression and dissatisfaction.

"Oh my God there's another message. Oh my God, there's another crisis. Oh my God, there's another outrage. Oh my God. Oh my God. Oh my God. Oh my God," he says. "I don't think humans, at least in modern society where [we’ve] evolved to be in an 'Oh my God' situation all day."

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Merkin' It With Angela Merkel | PUPPET REGIME | GZERO Media

Angela Merkel is retired — but only from politics. Still, maybe she's not as good at other jobs as she was as German chancellor.

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