Vladimir Putin, and other Iowa winners (and losers)

Vladimir Putin, and other Iowa winners (and losers)

After a day and a night (and most of a day) of technical difficulties, lousy communication, and general bewilderment, the Iowa Democratic Party finally released a batch of caucus results yesterday. With results in from 71% of Iowa's precincts, Mayor Pete Buttigieg has so far won the most delegates, followed by Bernie Sanders, Elizabeth Warren, and Joe Biden. We will know more over the course of the day, but right off the bat, here are three winners and three losers.

Winner #1: Pete Buttigieg who proved he can win an election outside of South Bend, Indiana, and a primary at that (OK, a caucus.)



Winner #2: Vladimir Putin When the infrastructure of American democracy fails, nobody loves it more than the President of Russia. To be clear, there's no evidence of any hacking in Monday's Iowa Caucus – but there doesn't need to be. Colossal electoral screw-ups like this make Americans doubt the legitimacy of their own institutions and bolster Putin's longstanding gripe that no one should be taking democracy lessons from Washington.

Winner #3: Michael Bloomberg The media mogul and former New York City mayor has made $60 billion off of communications technology that, unlike the Iowa caucus app, actually works. The Iowa fiasco may also help his strategy of skipping the early small-state primaries to focus on larger ones later on. True, he's polling in the single digits, but now he's doubling down on spending, and a poor showing by establishment centrist candidate Joe Biden clears some space for him.

So much for the winners. Now to those on the other side of the gym.

Loser #1: Joe Biden, who finds himself up against a wall early, after an unexpectedly weak fourth-place showing. He could still bounce back – he is highly competitive in a number of upcoming primaries including Nevada (Feb 22), South Carolina (Feb 29), and several Super Tuesday states (March 3) – but unless he starts winning soon, Smokin' Joe is going to look more like Joe Smokin'.

Loser #2: The Democratic Party. The party's incompetence on Monday night created an international embarrassment that Republicans will easily exploit. President Trump has already asked voters whether they'd entrust their health care system to people who can't count the number of people in a gym. His son suggested Democrats had fixed the results to hide a Bernie Sanders victory. That's a charge that some Sanders supporters might believe, given evidence that party officials tried to tip the 2016 nomination process away from Sanders toward Hillary Clinton. All of which makes the Dems look unfit and deeply divided at the worst possible moment.

Loser #3: Iowa. Why are Iowa Democrats and Republicans allowed to hold the first nominating contest every four years? Because that's how it's been done for decades. That might end after this year. For one thing, this wasn't Iowa's first screw-up. In 2012, Iowa Republicans declared Mitt Romney their winner before explaining two weeks later that votes had been miscounted and Rick Santorum had actually won. What's more, Iowa's demographics don't match the nation's well, and its caucus process is starting to look a little quaint. After years of complaints about the state's privileged status, Monday might just be the last straw.

That's Bank of America's new target in its Environmental Business Initiative in order to accelerate the transition to a low-carbon, sustainable economy.

Here's how it will drive innovation to address climate change.

On Tuesday, a major US intelligence report said the top threat to America right now is China. A day later, John Kerry, the Biden administration's "climate czar," got on a plane to... China.

Such is the drama of ties between the world's two largest economies these days.

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Should the Biden administration "reverse course on China" in the hope of establishing a friendlier relationship, as diplomat Kishore Mahbubani argues in a recent Financial Times op-ed? Ian Bremmer and Eurasia Group analyst Michael Hirson take out the Red Pen to explain why it's not that simple.

And today, we are talking about the United States and China. The relationship between the two most powerful nations in the world is the worst it's been since the Tiananmen Square massacre in 1989. Pundits and policymakers alike all around the world are trying to figure out how Washington and Beijing can at least stop the bleeding because a reset is nowhere in the cards.

That's the topic of the op-ed that we are looking at today. It's from the Financial Times, written by Singaporean diplomat Kishore Mahbubani, and the title summarizes the key argument: "Biden should summon the courage to reverse course on China." Meaning, he should throw out the Trump era approach and open the door to more cooperation and kinder, gentler relations.

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More than a dozen COVID-19 vaccines have been fully approved or are currently in early use globally, and COVAX, the global initiative started last year by the World Health Organization and other partners, is pushing for equitable access to vaccines for all. But most of the half billion jabs given so far have gone to citizens of wealthy countries, with half going to the US and China alone. What's the problem with so-called vaccine nationalism? Ian Bremmer explains that besides the clear humanitarian concerns, the continued global spread of COVID increases the risk of new mutations and variants that can threaten the entire world, vaccinated or not.

Watch the episode: Vaccine nationalism could prolong the pandemic

Should wealthy individuals and nations shoulder more of the burden in addressing climate change? Pulitzer Prize-winning climate journalist Elizabeth Kolbert argues that Big Tech leaders like Jeff Bezos and Elon Musk should shift more of their focus to fighting for our own planet's survival, instead of space exploration. "We're doing as much as we can to make life difficult on planet Earth for ourselves. But there's virtually nothing we could do to make it as difficult as life on Mars, where there's, among other things, no oxygen." Kolbert, the author of Under a White Sky, discusses why it's so crucial for a few rich countries to bear most of the climate burden, since they're also the biggest emitters. Her conversation with Ian Bremmer is featured in the upcoming episode of GZERO World, airing on US public television stations starting this Friday, April 16. Check local listings.

In recent days, Northern Ireland has seen some of its worst street violence in over a decade. The anger has subsided a bit this week, but post-Brexit fears leave many uncertain about their future in a deeply divided land with a long history of political violence between Irish republicans and UK unionists.

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Fighting climate change is about making the planet get less hot. The more quickly countries slow down their carbon emissions, the faster that'll happen. All the more important for the nations that pollute the most — but not all of them are on board. Although the majority, including China, are setting future targets to go Net Zero, India doesn't want to commit (yet) to when to stop burning fossil fuels to spur economic growth. We take a look at when the world's top polluting economies intend to go carbon-neutral, compared with their share of global emissions, of renewable energy as a source of electricity, and percentage of global coal consumption.

Peruvian runoff: Perú's presidential election is going to a runoff in June between two surprise and polarizing contenders, each of whom won less than 20 percent of votes in a highly fragmented first round. Pedro Castillo, a far-left union leader and teacher who benefited from a late surge in the polls, will battle rightwing populist Keiko Fujimori, daughter of the country's imprisoned former strongman. Castillo wants to rewrite the constitution to weaken the political influence of the country's business elite and maybe to allow the state to nationalize parts of the mining sector to pay for social programs for the poor. Fujimori wants to use mining revenues to create jobs by investing in infrastructure and healthcare. The runoff will probably be a national referendum on Fujimori, a divisive figure running for the top job for the third time. No Peruvian president has ever left office without facing corruption charges, but Fujimori already faces several — and she'll avoid jail time if she wins.

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