What We’re Watching: Andean election results, China’s vaccine effectiveness

What We’re Watching: Andean election results, China’s vaccine effectiveness

Andean aftermath: Two big weekend elections in South America produced two stunning results. In Ecuador's presidential runoff, the center-right former banker Guillermo Lasso upset early frontrunner Andrés Arauz, a leftist handpicked by former president Rafael Correa. Lasso will take power amid the social and economic devastation of the pandemic and will have to reckon with the rising political power of Ecuador's indigenous population: the Pachakutik party, which focuses on environmental issues and indigenous rights, is now the second-largest party in parliament. Meanwhile, in a big surprise next door in Perú, far-left union leader Pedro Castillo tallied up the most votes in the first round of that country's highly fragmented presidential election. As of Monday evening it's not clear whom he'll face in the June runoff, but three figures are in the running as votes are counted: prominent neoliberal economist Hernando De Soto, rightwing businessman Rafael López Aliaga, and conservative Keiko Fujimori, daughter of the country's imprisoned former strongman. Meanwhile, in the congressional ballot, at least 10 parties reached the threshold to win seats, but there is no clear majority or obvious coalition in sight.


China jabs itself in the foot: China has promised hundreds of millions of doses of its vaccines for more than 45 countries, including some where a Chinese-made jab is the only one available. That's why alarm bells rang over the weekend when George Gao, head of China's Center for Disease Control and Prevention, said publicly China's government might try mixing different vaccines together to address the "not high" efficacy of current Chinese vaccines. (The WHO says there's no evidence that mixing vaccines improves their performance.) Chinese officials, including Gao, moved quickly to limit the damage. Gao now says he was taken out of context, and public officials say any vaccine with an efficacy rate higher than 50 percent is worth taking. China's vaccines will save many lives, even if its products are less effective than others, and we should all hope that scientists everywhere are looking for new ways to boost vaccine effectiveness. But this episode reminds us yet again that for China, where the pandemic began under cover of secrecy, COVID-19 remains a public relations nightmare.

Over the next decade, Walmart's $350 billion investment in U.S. manufacturing has the potential to:

  • Support more than 750,000 new American jobs.
  • Avoid more than 100M metric tons of CO2 emissions by working with suppliers to shift to U.S. manufacturing.
  • Advance the growth of U.S.-based suppliers.
  • Provide opportunities for more than 9,000 entrepreneurs to become Walmart suppliers and sellers through Walmart's annual Open Call.

Cyber is a tool, and sometimes a weapon. Whether espionage for commercial gain or indiscriminate attacks on critical infrastructure, actions taken in cyber space affect you directly, potentially upending even the most mundane realities of everyday life.

Join GZERO Media and Microsoft for a live conversation on cyber challenges facing governments, companies, and citizens in a Munich Security Conference "Road to Munich" event today, May 18.

Event link: gzeromedia.com/globalstage

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A year and a half after millions poured into the streets of Santiago to protest inequality and the vestiges of the Pinochet dictatorship, Chileans voted this weekend to elect the 155 people who will rewrite the country's constitution.

The question now is not whether the people want change — clearly they do — but rather how much change their representatives can agree on. Overall, the new text is widely expected to beef up the role of the state in a country where a strong private sector made Chile one of Latin America's wealthiest yet also most unequal nations.

Here are a few things to bear in mind as the constitutional rewrite process kicks off.

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A big reason the Chinese leader is pushing harder than ever to annex Taiwan is actually quite small. The self-governing island has an outsize manufacturing capacity for semiconductors – the little chips that bind the electrical circuits we use in our daily lives. Cell phones, laptops, modern cars, and even airplanes all rely on these tiny computer wafers. Taiwanese chip manufacturer TSMC alone makes more than half of the chips outsourced by all foreign companies, which means your iPhone likely runs on Taiwanese-made semiconductors. What would happen to the world's semiconductor chips if China were to take control of Taiwan?

Watch the episode of GZERO World with Ian Bremmer: What could spark a US-China war?

Will there be a ceasefire in Gaza? Fighting between the Israeli military and Hamas/Palestinian Islamic Jihad militants in the Gaza Strip has now entered its second week. Over the weekend, Israel intensified its bombing of the Gaza Strip, which included targeting a building that houses Al-Jazeera and AP, two foreign media outlets, causing their reporters to hastily flee the premises (Israel has so far not substantiated its claim that Hamas intelligence operatives were working in the building.) At least 42 Gazans were killed in a single Israeli strike Sunday, bringing the Palestinian death toll above 200. Meanwhile, Hamas continued to fire rockets at southern and central Israel, resulting in several casualties. On Monday, for the first time since the violent outbreak, US President Joe Biden voiced support for a ceasefire driven by the Egyptians and others. However, Benjamin Netanyahu, Israel's prime minister, has said that the operation will "take time," and a truce is off the table until Hamas' military capabilities are significantly degraded. Civilians on both sides continue to suffer.

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Ian Bremmer's Quick Take:

Hi, everybody. Ian Bremmer here. Happy week to you. I thought we would do a quick take as we often do talk a little bit today about the latest in the fighting between the Israelis and the Palestinians, still going on. Thousands now of Hamas' rockets raining down on Israel, hundreds of Israeli air sorties, also tanks and artillery hitting Gaza, as well as some violence locally in the West Bank and a fair amount across Israel Proper between Arabs and Israeli Jews living in the country.

I'm pretty optimistic at this point, if you can even use that word, that this is not going to escalate further in the near term. In other words, this doesn't become a ground war. A couple of reasons. First, the Israeli defense forces over the weekend put out a statement showing how much they had already done to degrade Hamas' military capabilities. And historically, they don't do that until they're ready to show success and wrap up their military operations in relatively short order. So that implies a quick pivot, at least to opening negotiations with the Palestinians as to a ceasefire.

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Ian Bremmer's Quick Take:

Hi, everybody. Ian Bremmer here. And I thought I'd talk a little bit today about the latest in Israel, Palestine. It's obviously been driving headlines all week. And of course, on social media, there's no topic that we all get along and agree with each other more than Israel, Palestine. It's an easy one to take on. Yeah, I know I'm completely full of crap on that. But I thought I would give you some sense of what I think is actually happening where we're going. So first point, massive fight, big conflict between Hamas in Gaza and the Israeli defense forces. Not only that, but also more violence and a lot of violence breaking out between Israeli Arabs and Israeli Jews. Extremists on both sides taking to the streets and fairly indiscriminate violence, in this case, worst since 2014.

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150,000: A deadly cyclone is set to make landfall in COVID-stricken India and has already prompted the evacuation of 150,000 people along the coast of Gujarat, India's third largest state. Dozens of people have already been killed there due to high winds and heavy rain.
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