TWO VISITS FROM THE EAST: PUTIN AND XI

TWO VISITS FROM THE EAST: PUTIN AND XI

Yesterday, Russian President Vladimir Putin touched down in Crimea to celebrate five years since Moscow seized the peninsula from Ukraine. Later this week, Chinese President Xi Jinping will travel to Europe, where Italy is expected to sign on to Beijing's trillion-dollar Belt and Road global infrastructure plan.

Our thought bubble: Each of these visits speaks to a different way that the world order – once dominated, for better or for worse, by the Euro-Atlantic "West" – is now rapidly shifting.

Russia tearing things down: Back in 2014, President Putin justified the annexation of Crimea by rattling off 20 years worth of grievances with the West, finishing with this warning: "if you compress a spring to its limit, it will snap back hard." Russia in the years since has been in snapback mode – keen to defend what it sees Moscow's sphere of influence (Ukraine), force the US to reckon with Moscow as a global player again (Syria), and to accelerate the political fragmentation of the West along nationalist/populist lines (using its cyber capacity to exacerbate underlying social and political polarization in Europe and the US).

China building things up: But where Russia is concerned primarily with accelerating the decline of an old order, China is looking to create a new one of its own – building new Chinese-led global financial structures, exporting Chinese technological standards and norms, particularly in the development of 5G, and broadening economic and trade relationships left to languish by a less trade-friendly US. Critics worry that Chinese loans will create debt traps, or that Chinese technology companies will muscle out Western competitors while creating national security liabilities. But dozens of countries are eager to tap into lavish Chinese financing for much-needed infrastructure, and to gain better access to that billion-strong export market.

The Belt and Road initiative, which already includes some 80 countries, is a centerpiece of President Xi Jinping's plan for China to "take center stage in the world." Until now, the that strategy has focused primarily on Africa, Asia, Latin America, and smaller countries on Europe's fringes – but if Italy signs on, it would be the first G7 country to join. That would mark a major new milestone in Beijing's global rise.

The big picture: US President Donald Trump has certainly upended long-standing assumptions about American support for a certain kind of global order. But that's only part of a much larger story in which a rising China and a rankled Russia are challenging and remaking the international landscape. In sum: it ain't all Trump.

We pay little attention to the waves of the sea, yet they are the greatest unused source of renewable energy in the world. Meet ISWEC and Power Buoy, two interesting new technologies used to harness this energy. Learn more about the extraordinary power of waves in this episode of Eni's Energy Shot series, where we investigate interesting facts and trends about energy.

Ukraine is once again in a tough spot.

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Vaccine nationalism, where countries prioritize their own citizens before the rest of the world, has been effective for rich nations like the United States and Israel. But leaving behind so much of the global population isn't just a humanitarian issue. It could prolong the pandemic, according to the World Health Organization's Chief Scientist, Dr. Soumya Swaminathan, who argues that what the global vaccination effort most urgently lacks are doses, not dollars. In a wide-ranging interview with Ian Bremmer on GZERO World, she calls for a large increase in the global vaccine supply in order to prevent the rise of more dangerous and vaccine-evading super-variants. She also weighs in on a controversial new WHO report investigating the origins of COVID-19 and suggests we may be seeing alternative vaccine forms, like nasal sprays, sooner than we think.

Listen: Soumya Swaminathan calls for a massive increase in the global vaccine supply in order to prevent the rise of more dangerous and vaccine-evading super-variants, in a wide-ranging interview with Ian Bremmer on the GZERO World podcast. Dr. Swaminathan, Chief Scientist at the World Health Organization, argues that vaccine nationalism, where countries prioritize their own citizens ahead of the rest of the world, will only prolong the pandemic because a virus does not stop at any national border. She also weighs in on a controversial new WHO report investigating the origins of COVID-19 and discusses when she thinks the world's children should get vaccinated. In addition, she suggests we may see alternative vaccine forms, like nasal sprays, sooner than we think.

Subscribe to the GZERO World Podcast on Apple Podcasts, Spotify, Stitcher, or your preferred podcast platform to receive new episodes as soon as they're published.

India, the world's third largest emitter of carbon dioxide, is one of the countries worst affected by climate change. But it takes issue with those now asking it to clean up its act. Why, the Indians ask, should we give up our right to get rich by burning fossil fuels like you developed economies have done for generations?

That's precisely the message that India's energy minister had for the US and other wealthy nations at a recent Zoom summit after they pressured Delhi to set a future deadline for net zero emissions. For India, he explained, such targets are "pie in the sky" aspirations that do little to address the climate crisis the country faces right now.

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The Beijing 2022 Winter Olympics are nearly a year away, but discussion of a potential boycott is already stoking tensions on both sides of the US-China relationship. Officials in Washington and other Western capitals are coming under mounting pressure from activists to respond to human rights abuses in China. An increasingly assertive Beijing, meanwhile, vigorously rejects any foreign criticism of what it regards as internal issues.

The last time the US boycotted an Olympics was in 1980, when it withdrew from the Summer Olympics in Moscow to protest the Soviet Union's invasion of Afghanistan. Four years later, the Soviet Union repaid in kind by skipping the Games in Los Angeles. Would the US and its allies do something like that again? And how might China respond? Eurasia Group analysts Neil Thomas and Allison Sherlock explain the drivers of the boycott movement and its possible fallout.

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In two weeks, US President Joe Biden will be hosting an online "climate summit" to mark Earth Day. He'll ask China and India to sign up to America's ambitious new plan to slow down climate change. Will they go for it? China is the world's largest polluter, but Beijing is rolling out solar and wind power as fast as it's burning coal. India, meanwhile, is loathe to pick up the slack for rich countries that polluted their way to wealth and now want everyone else to agree to emissions cuts. No matter what happens, any successful plan to reduce global emissions will require buy-in from these three nations which, along with the European Union, account for almost 60 percent of global carbon dioxide emissions nowadays. Here's a look at emissions by the world's top polluters compared to everyone else over the last two decades.

Two big Andean elections: This Sunday, Ecuadorians go to the polls for the second time this year in a close presidential runoff, while Peruvians will vote in the first round of their own presidential election. In Ecuador, the matchup is between the leftwing-populist frontrunner Andrés Arauz, who has pledged to blow up the country's IMF agreements and boost national oil production, and Guillermo Lasso, a pro-business candidate who is seen as the choice of continuity with the current market-friendly government. Voter abstention is likely to be high, and the final result could very well be close and contested in a polarized country that was struggling with massive social unrest even before the pandemic struck. Meanwhile in Peru — which recently went through three presidents in the space of a week — the candidate field is hugely fragmented. Those with a decent shot to make it to the second round include "change" candidates like the leftist former lawmakers Yohny Lescano and Verónica Mendoza, as well as the prominent neoliberal economist Hernando De Soto, who has recently risen in the polls. Former soccer star George Forsyth is also in the mix, as is Keiko Fujimori, daughter of authoritarian former president Alberto Fujimori. Both of this Sunday's elections will serve as a kind of bellwether for the political mood in a region that has been devastated by the public health and economic impact of the pandemic.

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