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Is the global economy finally on the right track?
Is the global economy finally on the right track? | GZERO World with Ian Bremmer

Is the global economy finally on the right track?

How’s the global economy doing… really? When it comes to the world’s post-COVID recovery, it’s a tale of two economies: the United States and everyone else. On GZERO World, Ian Bremmer sits down with economist and author Dambisa Moyo for a hard look at the health of the world’s finances and the impact of geopolitical crises in Europe and the Middle East on trade flows and inflation.

Right now, US indicators are strong, but Germany and the UK are slipping into mild recessions, and China’s collapsing real estate sector, local government debt, and exodus of foreign investment is dragging the world’s second-largest economy into stagnation. Not to mention, Global South countries are holding record amounts of debt. So what does it all mean moving forward? Is the global economy still shaking off its post-Covid hangover or are some of these problems more entrenched?

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Ian Explains: Is the US economy good or bad?
Is the US economy good or bad? | Ian Bremmer explains | GZERO World

Ian Explains: Is the US economy good or bad?

What’s going on with the US economy? On Ian Explains, Ian Bremmer breaks down the confusing state of America’s financial health.

Trying to make sense of economic indicators right now can be an exercise in illogic: unemployment is down, but inflation is still stubbornly sticky. Interest rates are higher than they’ve been in two decades, but stock indexes are closing at record highs. Adding to confusion, the upcoming US presidential election means that the economy is front and center, but Democrats and Republicans have a partisan interest in making things seem worse or better than they actually are. So what’s really going on?

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The US vs TikTok (and China)
- YouTube

The US vs TikTok (and China)

Ian Bremmer shares his insights on global politics this week on World In :60.

Four years since the US declared COVID a national emergency, how did it permanently reshape the world?

Well, a couple of things. First, it meant that US-China relations got worse, not better. The World Health Organization, the one global organization meant to deal with pandemics, got delegitimized. This was not a crisis that led to greater cooperation. It led to greater mistrust and greater polarization, in part because it wasn't a big enough crisis. Thankfully, we had vaccines really fast, and it also turned out that COVID really affected mostly the super elderly and those with serious preexisting conditions. All of that allowed the geopolitical rifts that already exist to get worse. One good thing, aside from the fact that technology really works, is that the Europeans got stronger on the back of this crisis. They now have more coordinated capabilities to respond to health crises than they did before the pandemic hit. And that has been the EU response to a lot of crises recently, Brexit, the Russian invasion of Ukraine, you name it.

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US ends federal mask mandate; COVID protection is personal responsibility
US Ends Federal Mask Mandate; Biden Unlikely to Appeal | US Politics In :60 | GZERO Media

US ends federal mask mandate; COVID protection is personal responsibility

Jon Lieber, head of Eurasia Group's coverage of political and policy developments in Washington, discusses the end of federal mask mandates:

What are the implications of the end of the federal mask mandate?

A federal judge in Florida this week ruled that President Biden's order requiring masks, facial coverings on federally regulated forms of transportation, including planes, buses, and trains is unlawful and should not be enforced. The mask mandate was the most visible and impactful mandate handed down by President Biden, who campaigned in 2020 on doing more than his predecessor, Donald Trump to stop the spread of the virus, but was really limited by the limited authorities the federal government has to take drastic measures to control public safety, most of which are controlled by the states. This is the latest setback to Biden's pandemic policies. Earlier this year, a federal judge said that he did not have the ability to impose a vaccine mandate for large employers. And at this point, Biden lacks both the policy tools and the political standing to do much else.

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COVID's lessons on humanity for Annabelle Santos, small business owner
COVID's Lessons About Humanity | Annabelle Santos, Small Business Owner

COVID's lessons on humanity for Annabelle Santos, small business owner

Inspiration struck Annabelle Santos when she struggled to find any products that could help soothe her baby girl’s eczema. Having grown up around plants and flowers, and with a background in biochemistry, Santos set out to make her own formula to help her daughter. Now she brings her mixtures of fruits, olive oils, and herbs to customers through her company, Spadét, which she founded in 2014. For years, she worked on her products from her home kitchen in New York City. Then, just before the pandemic hit, she got her big break: product placement in the whole northeast region of Whole Foods. In fact, her products shipped out to the stores just a week before lockdown. The pandemic was really tough on her business, but grants helped her keep afloat, and she’s looking forward to meeting with and healing customers now that restrictions have lifted.

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Biden administration's COVID response likely to impact midterms
Biden Administration's COVID Response Likely to Impact Midterms | US Politics In :60 | GZERO Media

Biden administration's COVID response likely to impact midterms

Jon Lieber, head of Eurasia Group's coverage of political and policy developments in Washington, discusses the Biden administration's response to the omicron variant:

How is the Biden administration's response to omicron?

Well, it hasn't been great. It started with the travel ban from affected countries that was already probably behind the curve given how widespread the variant was and the administration admitted they did not see this new variant coming. They were caught flat-footed on the surge in demand for testing over the holidays. And while they first promised to make tests reimbursable by insurance, which is, of course, a real pleasure for Americans who love to deal with their insurance companies, they then said they were going to make 500 million tests available for free, but this isn't even enough to have two tests for every American. And news came out that they were instead of investing in increased manufacturing capacity, what they were doing was going to purchase surplus tests, which could exacerbate private sector shortages. But probably, more importantly, it means that the new free tests were going to arrive probably after the current surge in cases is over.

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Were the Aussies right to ban Djokovic?

You’ve probably read this week that Novak Djokovic, the world’s number-one ranked tennis player, was caught in an awkward standoff with Australian border police.

A quick catch up: Upon arriving in Melbourne for the Australian Open, one of the world’s four Grand Slam tennis tournaments, the unvaccinated Serbian tennis star was denied entry by federal authorities who said he did not meet the criteria for a vaccine exemption and so does not satisfy entry requirements.

Djokovic explained that he was previously granted a vaccine exemption by Tennis Australia and the Victorian state government. The feds were unmoved.

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Top five US political moments of 2021
Biggest US Politics Moments of 2021 | US Politics In :60 | GZERO Media

Top five US political moments of 2021

Well, I can think of five. The first and most important was probably January 6th. Historically important moment, rioters breached the Capitol building in order to stop the legal counting of the presidential election results, but also, it was an important moment because it created a dividing line for Republicans who had to decide if they were with President Trump, who had a role in instigating the riot, or if they were against him. A lot of Republicans ended up choosing to be with him creating various forms of apologies for the rioters over time, and even to some degree making martyrs out of some of them. This will be a really important defining moment, not just in American history, but also for the Republican party.

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