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Annie Gugliotta

And the (geopolitical) Oscar goes to …

It's the 95th Academy Awards on Sunday, and we all know that the Oscars often get political. You can expect speeches to reference Russia's war in Ukraine and, of course, US culture-war issues like identity politics. But in this era of political hyper-polarization in America and beyond, we’ve got our own awards to give out.

Here are our picks for a few of the best performances of the past 12 months.

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Luisa Vieira

The Graphic Truth: How does El Salvador's prison rate stack up?

El Salvador made headlines in recent days after President Nayib Bukele released photos of gang members being corralled into the country’s new mega-prison – a sprawling complex that will eventually hold 40,000 inmates. It’s the latest development in Bukele’s massive – and very popular – crackdown on gangs, in which Salvadoran authorities have locked up almost 2% of the adult population. (Never mind that US officials have recently accused Bukele of colluding with the very gangs he says he’s trying to stamp out!) El Salvador now has the highest prison rate per 100,000 people in the world – but how does that compare globally? Here we take a look at the countries with the highest official prison rates.

Annie Gugliotta

Then and Now: Iran’s public trials, Somalia’s new cabinet, El Salvador’s state of emergency

Three Months ago: Islamic Republic announces (sham) public trials

Media attention may have subsided, but protesters in Iran remain unbowed four months after the in-custody death of Mahsa Amini – she was arrested by the Islamic Republic’s “morality police” three days before her death – set off something resembling a revolution. Three months ago, we wrote that the mullahs who rule the country with an iron fist had announced the public trial of around 1,000 Iranians for participating in anti-regime demonstrations. Since then, at least four men have been publicly hanged: Sayed Mohammad Hosseini, 39, Mohammad Mehdi Karami, 22, a karate champ, Majid Reza Rahnavard, 23, a store worker, and Mohsen Shekari, 23, a barista. They were each accused of killing a member of the Basij paramilitary, a ruthless volunteer force that operates under the draconian Islamic Revolutionary Guards Corp – though rights groups say their confessions were coerced under torture.

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Aadhaar logo seen displayed on a smartphone.

Avishek Das/SOPA Images/Sipa U via Reuters Connect

What We're Watching: Digital money experiences in India, Togo & El Salvador

The advent of digital IDs

In poor countries, many are born without birth certificates or identification, a problem that leaves them unable to participate in modern society because they can’t prove who they are. Those without papers can’t open bank accounts, and governments can’t track transactions conducted entirely in cash, meaning they can’t tax people they can’t find. In turn, this lost revenue makes it harder for countries to provide much-needed public services. Before Aadhaar, a biometric ID system issued in India, more than one billion people in that country, and the government in Delhi, faced this very challenge. The Aadhaar system uses thumbprints and iris scans to establish identities and bring people onto the grid. It provides a unique 12-digit number to every user and allows authorities to transfer funds for state pensions, fuel subsidies, and other government help directly into bank accounts created for people who’ve never had access to such things. In important ways, this system is a triumph in human development, but there is a potential downside: In a country where rule of law isn’t firmly entrenched, if a government can put money directly into your bank account, it can also withdraw it. That power could one day become a tool of coercion that political leaders in countries that use similar ID systems can use to enforce obedience from millions of people. There is also the risk of hacking and identity theft, a problem that can only be managed gradually as problems emerge. These are risks we’ll see in many developing countries in the coming years.

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El Salvador’s President Nayib Bukele

GZERO Media

Strongman with a strong mandate? El Salvador’s Nayib Bukele

Since riding an anti-establishment wave to power in 2019, El Salvador’s young, social-media savvy, mano dura (“firm hand”) President Nayib Bukele has tested the limits of his country’s fragile institutions.

He’s sent armed men into congress to pressure lawmakers, harried the opposition with arrests, packed the courts with loyalists, and raised human rights concerns with his jail-first-ask-questions-later approach towards gang violence.

But he’s also done something remarkable: he’s become one of the most popular democratically elected leaders in the world. After three years in office, his approval rating hovers around 90%.

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El Salvador's President Nayib Bukele present the plan of "Bitcoin City."

REUTERS/Jose Cabezas

What We’re Watching: Bukele’s crypto bomb, Somalia needs a president

Has El Salavdor’s crypto experiment bombed?

Mass protests erupted last fall after Nayib Bukele, El Salvador’s youthful, tech-savvy president with an authoritarian streak, announced that the country would begin accepting Bitcoin as legal tender. Many Salvadorans said Bukele’s embrace of the volatile currency would spur inflation and financial instability. Those warnings have proven prescient. In recent days, the crypto world has been caught in a tailspin, in part because global inflation has lowered investors’ tolerance for risk. Bitcoin and Etherium, the biggest cryptocurrencies, have both declined in value by 20-25% this week – and El Salvador is recording losses of about 37% based on what it forked out for crypto in a series of purchases. This has proven to be a disaster for Bukele: two major credit rating agencies predict El Salavdor will default on its loans. San Salvador has an IMF repayment due in January worth a whopping $800 million, and amid ongoing negotiations earlier this year the international lender warned that “Bitcoin should not be used as an official currency with legal tender status.” Still, the enigmatic Bukele continues to double down: this week, he released plans for the Bitcoin city he touted last fall – a smart city based on the use of the flailing currency.

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Sri Lankan workers protest in front of the president's office at Colombo.

Tharaka Basnayaka via Reuters Connect

What We’re Watching: Sri Lanka on strike, trouble in Transnistria, Salvadorans back Bukele

Sri Lankans strike to get president out

Virtually all business activity in Sri Lanka ground to a halt on Thursday, as workers went on a nationwide strike to demand the resignation of President Gotabaya Rajapaksa. For weeks, Sri Lankans have been protesting amid the country’s growing economic and political crisis. Sri Lanka is on the brink of bankruptcy, having already defaulted on its sovereign debt and depleted its foreign currency reserves used for food and fuel purchases. Officials have been trying to get some relief from China and the International Monetary Fund, but Beijing will only refinance, and the IMF requires deep economic reforms. Meanwhile, trade unions say they'll strike permanently if Rajapaksa doesn't step down by May 6. The president is willing to appoint a new interim government and even drop his brother Mahinda as PM, but Mahinda himself has refused to resign. The opposition, which is close to getting a no-confidence vote to remove both Rajapaksas, hopes to appease Sri Lankans who have lost faith in their political leadership.

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Russian President Vladimir Putin and his Brazilian counterpart Jair Bolsonaro attend a news conference following talks in Moscow.

Sputnik/Mikhail Klimentyev/Kremlin via REUTERS

For Latin America, political risks overshadow economic gain from Ukraine crisis

Countries that rely heavily on imported food and energy face the greatest risk of social and economic crises from the disruption caused by Russia’s invasion of Ukraine. Yet even those that are themselves big producers of these essential commodities are suffering fallout from the war. Rising prices for basic goods in many parts of Latin America, for example, are testing governments already struggling to manage elevated public frustration caused by pandemic hardships. We asked Eurasia Group expert Yael Sternberg to explain how this is playing out.

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