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A TV monitor announces the news of North Korea's ballistic missile launch in Chiyoda Ward, Tokyo.
Hard Numbers: NK missile test, aid for Puerto Rico, China's concrete collapse, Chechen leader’s children, Poland's WWII-linked demand
5: Early Tuesday, North Korea reportedly launched a single intermediate-range ballistic missile over Japan, where residents in Hokkaido and Aomori were urged to seek shelter. The missile — Pyongyang’s most provocative test since January, and its first test over Japan in five years — is believed to have landed in the Pacific Ocean.
60 million: US President Joe Biden pledged $60 million in aid for Puerto Rico on Monday during his visit to the US island territory to survey recent hurricane damage. Large parts of the island remain without power two weeks after Hurricane Fiona made landfall.
20: China’s cement production is suffering its biggest decline in more than 20 years, as worries about a financial crisis in the country’s sprawling real estate sector undermine demand. The drop-off in Chinese output caused global cement production to fall nearly 10% in the first half of this year.
3: Chechen strongman Ramzan Kadyrov, a staunch ally of his boss Vladimir Putin, says he is ready to send his three underage sons — ages 14, 15, and 16 — to Ukraine to fight for Russia. Although Moscow is party to a UN treaty against child soldiers, Kadyrov said sending his kids into battle is just part of being a good dad.
1.3 trillion: Ahead of a visit to Warsaw by the German foreign minister, Poland has demanded almost $1.3 trillion in reparations and damages related to World War II. Germany, for its part, says all financial claims related to the war are now settled.man collects crude oil from a mini depot at an illegal oil refinery site near river Nun in Nigeria's oil state of Bayelsa.
Hard Numbers: Nigeria’s dwindling oil output, Baltics and Poland ban Russians, Puerto Rico goes dark, China’s monkeypox warning
32: Nigeria’s oil output has hit a 32-year low due to underinvestment in oil infrastructure as well as widespread crude oil theft by gangs and terrorists. Crucially, the country has been unable to capitalize on increased crude oil prices amid Russia’s war in Ukraine.
4: Four European states – Poland and the Baltic states of Estonia, Latvia and Lithuania – closed their doors to Russian tourists on Monday due to the ongoing war in Ukraine. Finland, which also borders Russia, opted out of the ban, saying it did not want to reject visas to Russians granted by other EU states under the Schengen zone agreement.
1.3 million: More than 1.3 million Puerto Ricans were without power Monday after Hurricane Fiona knocked the power grid offline. This comes almost exactly five years after Hurricane Maria landed in Puerto Rico, killing 3,000 people and destroying infrastructure, much of which has not been fully restored.
1: China’s health ministry told residents to avoid touching any foreigners after the first case of monkeypox was recorded in the southwestern city of Chongqing. This comes amid rumors that Beijing might look to ease its restrictive zero-COVID policy after the Communist Party holds its five-yearly congress next month.
Ukrainians wait to board a train to Poland as they flee Russia's invasion in Lviv.
Hard Numbers: Brits host Ukrainians, Turkmen succession, deadly COVID in HK, Puerto Rico in the black
100,000: Over 100,000 Brits have signed up for a new government program to host Ukrainian refugees in their homes. The UK has been criticized for granting so few visas to Ukrainians thus far, but those without UK family ties will now be eligible.
73: The son of outgoing Turkmen President Gurbanguly Berdymukhamedov was “elected” to succeed his dad on Saturday. But Serdar Berdymukhamedov only got 73% of the vote, 24 percentage points less than what his eccentric father got five years ago in the gas-rich Central Asian nation.
25: Hong Kong’s daily COVID death rate has this month surpassed 25 per 100,000 people, the highest in the world. The big problem there is that more than half of elderly Hong Kongers don’t want to get vaccinated, in part because they don’t trust jabs from mainland China.
70 billion: The US territory of Puerto Rico formally exited bankruptcy on Tuesday, almost seven years after defaulting on over $70 billion in debt. But Puerto Ricans aren’t out of the woods yet — they need to get their books checked before being able to borrow money again.
UK vaccine rollout a key chance to learn; Brexit trade deal is razor close
Ian Bremmer discusses the World In (more than) 60 Seconds:
COVID vaccine rollout has begun in the UK. What's next?
Well, I was so pleased to see that the second person to get the vaccine in the UK is William Shakespeare. Some 86-year-old guy living in the UK. Of course, of course he is. It's also nice for the UK, finally have some good news about something. It's been all Brexit and economic disaster and Boris Johnson, bad news on coronavirus. First, it's herd immunity, then it's not. It's lockdown, it's not. But the first advanced industrial democracy to start getting vaccines out there and capping off an extraordinary year in terms of vaccine development. Really Moore's law for vaccines. It's very, very, very exciting. What happens next is we learn a lot. One of the big mistakes that we made in the United States is we had a couple of weeks when the virus was exploding in Europe and we were twiddling our thumbs in the United States. We weren't prepping, we weren't watching what was happening in Italy and making sure that we understood the type of coordination we needed, the type of testing we needed, the type of contact tracing we needed. As a consequence, some critical time was wasted. We need to be watching very carefully what problems the UK has, challenges in rolling out this vaccine. First vaccine we see right now from Pfizer, that's the one that's most challenging from an infrastructure perspective. It's the one that needs the proprietary cold chain capability, super low temperatures, South Pole type temperatures. It needs labor on site that can dilute the vaccine right before it is administered. Those are things you can do easily in good hospitals. It's not an easy thing to roll out across a countryside.
And so, it's going to be very interesting to learn from the UK. Their successes, and also their failures. We're going to need them in the United States real, real soon. Also of course, seeing how they deal with misinformation, disinformation. How they deal with people talking about side effects that they get that are real side effects and actually do cause fever, for example, will take you out of work for a few days. All of that stuff we need desperately to get right. Especially in the United States, the world's largest economy with a very divided franchise here. We're very politically divided. We've been so divided on coronavirus. We don't want to be divided on vaccines. We've already started to see some of the nationalism play out. This New York Times story that Trump had an opportunity to buy a bunch of Pfizer vaccines in June or August and didn't. And so now the US isn't going to be able to get as many until summertime. We really don't want that to lead Trump to say, "No, we don't like the Pfizer vaccine. We only want the Moderna vaccine." We don't want Americans to think that one is good and one is bad. Because you're not going to have options. As soon as you can get a vaccine, you should be taking that vaccine that's available in the United States. So watching this rollout is going to be incredibly important. And again, lots of things that could go wrong.
Staying in the UK. Will a Brexit trade deal be reached before the end of year deadline?
It's close. The fact that Boris Johnson is going to meet with Ursula Von Der Leyen and negotiate in person gives him more flexibility, means that he wants personal responsibility for getting the deal done, it means it's more than 50/50. He's a very capable and charismatic leader and it's easier for him to do this individually than dealing with all of the politics within his own conservative party at home.
So, it makes me feel a little bit more optimistic. But things can go wrong. There are hard red lines, and the Europeans are negotiating for the entire group, not just for the EU as a whole. And while Boris Johnson suggested that Merkel and Macron be on the phone, in a call with Von der Leyen, she said, "No, you'll just talking to me." So, it's not done. So many of these things, they're razor edge, they're right at the end, and yes, we're still talking about Brexit. Kind of kills me.
Why are farmers in India going on strike?
Nationwide strike across India because Modi wants to create more efficiency in the agricultural sector. That means more market mechanisms and more ability for big corporates to do effective business. And the farmers are concerned that that will mean that they're going to lose income, they're going to lose pricing power. They're not going to be protected. And they have been protected. It's quite a protectionist ag sector in India. And so, they're angry and they started by demonstrating on Delhi and now they're engaging in shutdowns across the country. So, it's probably the most significant nationwide social dissent that we've seen economically under Modi and we'll see how he responds to it. If it's going to affect what he's doing with his own legislation. We saw it with Macron, big protests across France. They're used to big protests, made him pull back on his policing and surveillance, no surveillance law from people doing videos and the rest. We'll see if Modi decides to back down.
The Arecibo observatory telescope collapsed. Yes, it's true, in Puerto Rico. Should they rebuild for the next James Bond movie?
I hope they do. What an extraordinary thing. It was at the end of GoldenEye. It was an iconic telescope, watching it fall apart was so depressing. Just implode in on itself. Puerto Rico, of course, has had more than its share of disasters over the past few years. It's not like there's a lot of infrastructure money that's going into that territory. But I really would like to see it rebuilt. The first message that was ever sent by humanity to outer space, as far as supposed extra-terrestrials, was from Arecibo. And if it's gone and we don't rebuild it, then you know, they're going to look back and they won't know who it came from. You know? You got to have return address on this stuff. So, I'd like to see it rebuilt. I'm kind of a space buff. Not like a Star Trek space buff, though Trouble with Tribbles is a good episode and all that. But more just I think we should be investing in NASA. I like having public support for our space program.
I will also say, it's kind of interesting, you saw that in the last week in China, they've just gotten a lander on the moon and they've got a Chinese flag that's now on the moon. Unless you think that's all fake news, like the American space landing in 1969, of course. And taking some space rocks, going to bring them back to the world, to here to earth. The reason that China's space program is doing so well now is because back in the '80s and '90s, the United States didn't want to cooperate with China anymore. Said they were taking advantage. And so, we cut them off and that became a big moment for the Chinese to invest in their own program. And it led to a much more robust Chinese space program that we have today, much more competitive with the US. There's a big question as to what the United States has been doing on 5G, for example, is going to end up forcing the Chinese to cooperate more with the United States. Will it make them change their red lines? Will it destroy their advanced technology sectors around 5G infrastructure? Or will it force them to invest so much more to become more effective competitors in five to 10 years' time? If it's the latter, this will have been a big mistake. So, something worth thinking about and something worth talking about as we see this observatory that we may or may not be rebuilding.