Watching and Ignoring

WHAT WE’RE WATCHING

Locked-up Lula Alex wrote a piece for your Tuesday edition on the emergence of Joaquim Barbosa as a presidential contender in Brazil. Then we got more big news from the country this week. Late Wednesday night, by a vote of 6–5, Brazil’s Supreme Federal Tribunal ruled that former President Luiz Inacio Lula da Silva, popularly known as Lula, must sit in prison while he appeals a 12-year sentence for a corruption conviction. Lula still leads in opinion polls ahead of October’s presidential election — though the number of voters who say they’re dead-set against him would make it hard for him to win. Lula’s incarceration creates space on the left for other candidates, like Barbosa. But, as Alex points out, it could also delegitimize the election for those who agree with Lula that the charges against him are politically motivated.


Macron vs the unions Every French president who tries to change that country’s labor laws knows that sooner or later the showdown with unions will come. It’s Emmanuel Macron’s turn, and a wave of strikes, led by staff at state railway SNCF, is now under way. Strikes are scheduled to disrupt transport on 36 separate days over the next three months. Rail workers want to protect their relatively generous benefits, while the government says the state can’t afford them — and that EU rules require that state railways open to competition. On Wednesday, students, angry over more selective university entry requirements, added their challenge to President Emmanuel Macron. This is a crucial test for a leader with grand ambitions — for France and for Europe.

The Weiner-Dog Museum — Did you know that Albert Einstein, Pablo Picasso, and Star Trek star Leonard Nimoy loved dachshunds? Did you know that Germans bred dachshunds in the Middle Ages to flush predatory badgers from underground tunnels? Did you know the mascot of the 1972 Munich Olympics was a dachshund called Waldi? If you didn’t know these things, would like to learn more, and are passing through Bavaria, Signal recommends the newly opened Dackelmuseum in Passau, Germany.

WHAT WE’RE IGNORING

US withdrawal from Syria — President Trump made news last week by telling a cheering crowd in Ohio that “We’ll be coming out of Syria, like, very soon. Let the other people take care of it now.” But there’s been little clarity since then on what “very soon” means. The Pentagon is not ready for withdrawal. Defense officials made clear this week that ISIS is not finished. Turkey’s intervention in Syria has delayed the “fight going against the remnants of ISIS,” said Defense Secretary James Mattis ten days ago. The Pentagon also appears interested in countering Russian influence in shaping Syria’s future and in dissuading Syrian President Bashar al-Assad, Turkey, and Iran that it’s safe to attack US Kurdish allies. Until the Commander in Chief and Pentagon sort these questions out, the words “very soon” don’t mean much.

Bahrain’s new oil find — This week, the Kingdom of Bahrain — with a population smaller than Barcelona or Phoenix, Arizona — announced discovery of an offshore shale oil field large enough to push the tiny country’s oil reserves from 66th to 8th in the world. This may be good news for the already wealthy and well-connected in Bahrain, but we’re ignoring this story because its government, in lockstep with Saudi Arabia, won’t use new wealth to pursue a more independent foreign policy.

Iranians who fear nipples — The team logo for Italian football club AS Roma features the traditional Roman image of two babies, city founders Romulus and Remus, being suckled by the Capitoline Wolf. During its coverage of UEFA Champions League football, broadcasters in Iran altered the image by blurring out the wolf’s teats. We’re speechless.

Meet Zoe Marshall, grandmother, fishmonger, and thriving business owner.

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When Zoe Marshall decided to switch careers in her forties and become a fishmonger, she was scared. After leaving her job of 23 years, Zoe was forced to pivot in order to keep her family's home. Despite challenges, she forged ahead, opening Sea-Licious. Accepting Visa payments in her fishmonger shop, this access to commerce helps Zoe provide convenience to her customers and confidence in their transactions. Though she's one of the only women in the fish market each morning, her business and its place in the local community are flourishing with Visa's help.

Learn more about Zoe and her story.

In the lead-up to this year's COP26 climate summit in Glasgow, much of the attention has been focused on last summer's wildfires across the US and Europe, and more recently skyrocketing European energy prices. But what about Asia, the world's biggest and most populated region, which also has the highest share of global carbon dioxide emissions that cause global warming? Asia has unique climate risks but also many opportunities for solutions, and whatever happens at COP26, Asian countries led by China and India are primed to lead the world in the struggle to make the planet greener before it's too late. In a live discussion moderated by Shari Friedman, Eurasia Group's Managing Director of Climate and Sustainability, global experts discussed these and other topics during the first of a two-part Sustainability Leaders Summit sponsored by Suntory.

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We're just days away from COP26, the landmark global climate conference that's been dubbed the last chance to get the climate crisis in check. In the lead-up to the event in Glasgow, dozens of countries have released new ambitions to reduce their future carbon footprints. For years, climate activists and experts have called on governments to introduce carbon pricing schemes – either through taxes or emissions-trading schemes. So who's heeded the warning? We take a look at the top ten carbon emitters' share of global emissions and details about their respective national carbon pricing schemes.

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:

Do cryptocurrencies make it harder to enforce foreign policy sanctions?

Well, that is exactly what the Biden administration worries about. As part of growing concerns of whether unregulated currencies undermine a whole host of policies, sanctions and foreign or trade policy should be a priority area. And just like others who wish to evade tracing of their wealth or transactions, the very states or their sanctioned entities should be assumed to resort to all options to evade restrictions while continuing to do business. So having cryptocurrencies undermining the ability to enforce strategic goals logically raises eyebrows in Washington.

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Back in August, when the Taliban took over, we asked whether anyone in the international community would recognize them. Now it looks like things are heading that way.

This week, the Kremlin hosted a summit with the Taliban that was attended by China, India and Pakistan, as well as all five Central Asian Republics.

The domestically-focused US, however, wasn't there. The US continues to maintain that the Taliban can't be trusted. But does it matter? In 2021 does a Taliban-led government even need American recognition to function and thrive?

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For Kevin Rudd, former Australian PM and now CEO of the Asia Society, the science on climate change is pretty much done, so the only unresolved issues are tech and — more importantly — lack of political leadership. He can't think of a single national political leader who can fill the role, and says the only way to get political action on climate is to mobilize public opinion.

Rudd joined for the first of a two-part Sustainability Leaders Summit livestream conversation sponsored by Suntory. Watch here and register here to watch part two Friday 10/22 at 8 am ET.

Taking place on October 21 and 22, the Sustainability Leaders Summit will go beyond preexisting narratives and debate priorities for governments and industries ahead of COP26. Placing the spotlight on Asia's role in the global sustainability agenda, the event will address whether Asian countries and companies can achieve shared sustainability goals, and what is needed to help get them there. The summit will be co-hosted by Tak Niinami, CEO of Suntory Holdings, and Ian Bremmer, founder and president of Eurasia Group and GZERO Media. We will address three key questions: How can Asian countries, with the help of the private sector, achieve shared Sustainability Goals? Why does this matter? And what are the policy changes needed to bring it about?

Attendance is free and open to the public. Register to attend.

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The minutiae of supply chains makes for boring dinner table talk, but it's increasingly becoming a hot topic of conversation now that packages are taking much longer to arrive in the consumer-oriented US, while prices of goods soar.

With the issue unlikely to be resolved anytime soon, right-wing media have dubbed President Biden the Grinch Who Stole Christmas, conjuring images of sad Christmas trees surrounded by distraught children whose holiday gifts are stuck somewhere in the Pacific Ocean.

It hasn't been a good run for Uncle Joe in recent months. What issues are tripping him up?

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