What We're Watching: Israel's awkward new government, Novavax is ready to play, Spaniards protest pardons

Israel's President Reuven Rivlin sits next to Prime Minister Naftali Bennett as they pose for a group photo together with ministers of the new Israeli government, in Jerusalem June 14, 2021.

Is Israel's new government too awkward to survive? Israel's new government was sworn in on Sunday, and for the first time in 12 years, it is not led by someone named Benjamin Netanyahu. Though Netanyahu will remain head of the opposition bloc and leader of Likud, the biggest party in the Knesset, the new government, one of the most ideologically diverse in the nation's history, represents a massive political shift in the crisis-ridden country. The new government's representatives include right-wing nationalists — like Naftali Bennet, Israel's new prime minister — and centrists like Yair Lapid who heads the influential Yesh Atid party and is responsible for bringing the coalition together. For the first time in two decades, the far-left Meretz party will also sit in the government, as will a conservative Arab party, headed by Mansour Abbas, who reversed a decades-old position by agreeing to serve in government with Jewish Zionists in the hopes of delivering for his community. There are plenty of reasons to doubt the longevity of the new government given its incoherent alliances, but on the flip side, these factions — most of which are small and would likely not have made the cut to sit in government without Lapid's deal-making — have incentives to make the government work. The first item on the agenda will be passing a national budget, the first in two years. But with a slim coalition of only 61 out of 120 Knesset seats, pulling this off won't be easy.


Novavax's COVID vaccine does not disappoint: Clinical trial results for the coronavirus vaccine made by US-based Novavax showed it is 90 percent effective in preventing COVID-19 infections — and 100 percent effective against serious, life-threatening illness. Novavax says it plans to produce 100 million doses per month by the end of September, and 150 million doses per month thereafter. Low and middle-income countries will be among the first to receive shipments, according to Novavax. Approval in the US may take some time as US regulators may not issue "emergency" authorization the way they did earlier in the pandemic for Pfizer, Johnson & Johnson, and Moderna. However, Novavax will seek approvals also in the EU, UK, India, and South Korea where, for the most part, vaccine rollouts have been weaker than in the US. Scientists say that in addition to offering basic protection, this shot could emerge as one of the most effective "boosters" for those who have already been fully inoculated, because it proved very effective against some variants of concern.

Protests over pardons in Spain: Tens of thousands of Spaniards have taken to the streets of the capital, Madrid, to protest the government's plans to pardon Catalan independence leaders who were jailed for sedition in 2019. Leftwing Prime Minister Pedro Sánchez says the move is meant to promote unity in a country where the Catalan independence drive in 2017 provoked a brutal crackdown and constitutional crisis, but critics say he's dangerously pandering to the Catalan nationalist parties whose support his fragile minority government needs. Meanwhile, nationwide, nearly two thirds of Spaniards disapprove of the move, and the figure is almost certainly higher than that among non-Catalans (source in Spanish). The pardons have stoked particular fury among Spain's resurgent far right.

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Learn more about Zoe and her story.

Listen: Can Big Government still rein in Big Tech or has it already lost control? Never before have just a few companies exerted such an outsized influence on humanity. Today's digital space, where we live so much of our daily lives, has increasingly become an area that national governments are unable to control. It may be time to start thinking of these corporations as nation-states in their own rights. Ian Bremmer speaks with Nicholas Thompson, CEO of the Atlantic and former WIRED editor-in-chief, about how to police the digital world.

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.

In the lead-up to this year's COP26 climate summit in Glasgow, much of the attention has been focused on last summer's wildfires across the US and Europe, and more recently skyrocketing European energy prices. But what about Asia, the world's biggest and most populated region, which also has the highest share of global carbon dioxide emissions that cause global warming? Asia has unique climate risks but also many opportunities for solutions, and whatever happens at COP26, Asian countries led by China and India are primed to lead the world in the struggle to make the planet greener before it's too late. In a live discussion moderated by Shari Friedman, Eurasia Group's Managing Director of Climate and Sustainability, global experts discussed these and other topics during the first of a two-part Sustainability Leaders Summit sponsored by Suntory.

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We're just days away from COP26, the landmark global climate conference that's been dubbed the last chance to get the climate crisis in check. In the lead-up to the event in Glasgow, dozens of countries have released new ambitions to reduce their future carbon footprints. For years, climate activists and experts have called on governments to introduce carbon pricing schemes – either through taxes or emissions-trading schemes. So who's heeded the warning? We take a look at the top ten carbon emitters' share of global emissions and details about their respective national carbon pricing schemes.

Marietje Schaake, International Policy Director at Stanford's Cyber Policy Center, Eurasia Group senior advisor and former MEP, discusses trends in big tech, privacy protection and cyberspace:

Do cryptocurrencies make it harder to enforce foreign policy sanctions?

Well, that is exactly what the Biden administration worries about. As part of growing concerns of whether unregulated currencies undermine a whole host of policies, sanctions and foreign or trade policy should be a priority area. And just like others who wish to evade tracing of their wealth or transactions, the very states or their sanctioned entities should be assumed to resort to all options to evade restrictions while continuing to do business. So having cryptocurrencies undermining the ability to enforce strategic goals logically raises eyebrows in Washington.

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Back in August, when the Taliban took over, we asked whether anyone in the international community would recognize them. Now it looks like things are heading that way.

This week, the Kremlin hosted a summit with the Taliban that was attended by China, India and Pakistan, as well as all five Central Asian Republics.

The domestically-focused US, however, wasn't there. The US continues to maintain that the Taliban can't be trusted. But does it matter? In 2021 does a Taliban-led government even need American recognition to function and thrive?

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For Kevin Rudd, former Australian PM and now CEO of the Asia Society, the science on climate change is pretty much done, so the only unresolved issues are tech and — more importantly — lack of political leadership. He can't think of a single national political leader who can fill the role, and says the only way to get political action on climate is to mobilize public opinion.

Rudd joined for the first of a two-part Sustainability Leaders Summit livestream conversation sponsored by Suntory. Watch here and register here to watch part two Friday 10/22 at 8 am ET.

Taking place on October 21 and 22, the Sustainability Leaders Summit will go beyond preexisting narratives and debate priorities for governments and industries ahead of COP26. Placing the spotlight on Asia's role in the global sustainability agenda, the event will address whether Asian countries and companies can achieve shared sustainability goals, and what is needed to help get them there. The summit will be co-hosted by Tak Niinami, CEO of Suntory Holdings, and Ian Bremmer, founder and president of Eurasia Group and GZERO Media. We will address three key questions: How can Asian countries, with the help of the private sector, achieve shared Sustainability Goals? Why does this matter? And what are the policy changes needed to bring it about?

Attendance is free and open to the public. Register to attend.

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