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WHAT WE’RE WATCHING/IGNORING

WHAT WE'RE WATCHING

Saudi Arabia's Oil Strategy – Tomorrow, members of OPEC, an organization of large oil producers, will convene in Vienna.


Over the past two months global oil prices have fallen by almost 30 percent, after reaching a high of $86 in early October. Saudi Arabia, the cartel's most powerful producer, hopes to forge an agreement among members and participating "observer states," like Russia, to reduce production with the aim of lifting prices. But it faces a political bind: any attempt to increase prices risks angering President Trump, a frequent OPEC critic, while a continued swoon could damage Saudi Arabia's oil-dependent economy.

The limits of Europe's Big Tech crackdown – A Franco-German effort to tax Silicon Valley giants hit a roadblock this week after a handful of member states objected, forcing Paris and Berlin water down their proposal. Europe has some of the world's toughest data rules and has brought huge antitrust cases against Silicon Valley firms – regulation is one of the ways the 28-member bloc, which lacks its own Silicon Valley, can project digital power in the 21st century. But some EU states remain wary of pushing the companies that will drive the next generation of big digital innovations too far. The debate over digital taxation reveals an important limit to an ongoing crackdown.

WHAT WE'RE IGNORING

Russian attacks on Immanuel Kant – Russia's government recently launched a contentious competition to pick a new name for the airport in Kaliningrad, a small Russian exclave located between Germany and Poland. The territory, which was German (Königsberg) until the end of World War II, is the birthplace of the moral philosopher Immanuel Kant. Once the Kant's name made it to the final round of the contest, things got ugly – mobs have vandalized Kant statues and a senior naval officer there declared him a "traitor to his own country." This sort of behavior almost certainly violates Kant's first categorical imperative. Or is it the second? Either way, it looks like Empress Elizaveta of Russia, who briefly annexed the territory in the 18th century, will get the nod.

Nigeria's really fake first lady – In Tuesday's Signal, we revealed that Nigerian President Muhammadu Buhari has been forced to defend the fact that he is, in fact, the real Muhammadu Buhari, amid persistent rumors that he died and was replaced by a clone or body double. Today, we are perplexed to report that Nigeria's secret service has detained a real-life fake first lady who was posing as Buhari's wife inside the presidential villa. Elaborate scam? Or sinister attempt to distract from the real scandal? We'll leave it to you to speculate, because we're still ignoring this story.

Carbon has a bad rep, but did you know it's a building block of life? As atoms evolved, carbon trapped in CO2 was freed, giving way to the creation of complex molecules that use photosynthesis to convert carbon to food. Soon after, plants, herbivores, and carnivores began populating the earth and the cycle of life began.

Learn more about how carbon created life on Earth in the second episode of Eni's Story of CO2 series.

As we enter the homestretch of the US presidential election — which is set to be the most contentious, and possibly contested, in generations — Americans are also voting on 35 seats up for grabs in a battle for the control of the Senate. The 100-member body is currently held 53-47 by the Republican Party, but many individual races are wide open, and the Democrats are confident they can flip the upper chamber of Congress.

Either way, the result will have a profound impact not only on domestic policy, but also on US foreign relations and other issues with global reach. Here are a few areas where what US senators decide reverberates well beyond American shores.

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On September 23, GZERO Media — in partnership with Microsoft and Eurasia Group — gathered global experts to discuss global recovery from the coronavirus pandemic in a livestream panel. Our panel for the discussion Crisis Response & Recovery: Reimagining while Rebuilding, included:

  • Brad Smith, President, Microsoft
  • Ian Bremmer, President and Founder, Eurasia Group & GZERO Media
  • Jeh Johnson, Partner, Paul, Weiss, Rifkind, Wharton & Garrison, LLP and former Secretary of Homeland Security.
  • John Frank, Vice President, UN Affairs at Microsoft
  • Susan Glasser, staff writer and Washington columnist, The New Yorker (moderator)

Special appearances by UN Secretary-General António Guterres, European Central Bank chief Christine Lagarde, and comedian/host Trevor Noah.

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Jon Lieber, who leads Eurasia Group's coverage of political and policy developments in Washington, offers insights on the Supreme Court vacancy:

Will Senate Republicans, who stopped a Supreme Court nomination in 2016, because it was too close to an election, pay a political price for the change in tactics this time around?

Not only do I think they won't pay a political price, I think in many cases, they're going to benefit. Changing the balance of power on the Supreme Court has been a career-long quest for many conservatives and many Republicans. And that's why you've seen so many of them fall in line behind the President's nomination before we even know who it is.

At this point, do Senate Democrats have any hope of stopping President Trump from filling the ninth seat on the Supreme Court?

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In a special GZERO Media livestream on global response and recovery amid the COVID-19 pandemic, Eurasia Group & GZERO Media president Ian Bremmer discussed the difference between Europe's unified approach to economic stimulus and the deeply divided and political nature of the current conversation in the US. While initial stimulus support was bipartisan, there is little chance of Democrats and Republicans coming together again ahead of the November 3 presidential election. "It's red state versus blue state. President Trump's saying that coronavirus isn't so bad if you take the blue states out. He's president of the blue states, you can't take the blue states out," Bremmer told moderator Susan Glasser of The New Yorker.

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Panel: How will the world recover from COVID-19?

UNGA Livestream