What We’re Watching: UK ditches Huawei, Bolivia becomes COVID hotspot, Caucasus clashes erupt

What We’re Watching: UK ditches Huawei, Bolivia becomes COVID hotspot, Caucasus clashes erupt

UK flops on Huawei: The UK has banned equipment made by the Chinese tech titan Huawei from its 5G networks. The move is a big about-face for London, which as recently as January had said it would allow the use of Huawei components, although with some restrictions. But a lot's changed since January. For one thing, the US — which has banned Huawei gear over national security concerns — is putting more pressure on a post-Brexit, pandemic-wracked Britain that badly needs a good transatlantic trade deal. In addition, UK-China relations have soured over Beijing's new Hong Kong security law, which erases the autonomy promised to the city when London handed it back to China in 1997. But in banning Huawei, London is wrestling with an increasingly widespread dilemma. Huawei provides the fastest and cheapest way to build 5G networks, which everyone agrees are critical for 21st century economies. But using Huawei gear also means accepting the risk of Chinese cyber-snooping on the one hand, or Washington's anger on the other. As the US-China rivalry steadily intensifies, this tradeoff is going to become an acute problem for many countries around the world.


Bolivia, a new hotspot: Bolivia, one of Latin America's poorest countries, has emerged as a coronavirus hotspot despite the government's early lockdown efforts. In recent days, the country's interim president, Jeanine Áñez, and her health minister have both tested positive, and authorities are now reporting some of the highest numbers of new daily cases per capita in the world. Bolivia's ramshackle healthcare system has been pushed to its breaking point, doctors say: the country has just 430 intensive care beds for its population of 11.5 million, and there are reports of sick patients being left to die in the streets. But analysts say two factors are making things worse. First, Bolivians who work in the country's informal sector, making up at least 60 percent of the workforce, were unable to adhere to strict lockdown rules without going hungry. Second, the country's deeply polarized political climate has meant that supporters of Áñez's ousted predecessor, leftwing populist Evo Morales, are often reluctant to heed the government's guidance on public health. We're watching to see how this crisis might affect Áñez's chances of keeping her job when Bolivians head to the polls in a few months' time.

Caucasian clashes: Skirmishes between Armenia and Azerbaijan have left at least 15 soldiers dead on both sides in recent days, in the biggest escalation of hostilities between the countries since 2016. At issue is the still-unresolved conflict over Nagorno-Karabakh, a territory that is still officially part of Azerbaijan but has been controlled by Armenian-backed local forces since a bloody six-year long war that (mostly) ended in 1994. Low-level clashes have persisted ever since, and both governments have often used the conflict to stoke nationalist support at home. The recent clashes are unusual in that they occurred along the actual Armenia-Azerbaijan border, rather than around the disputed territory itself. A wider outbreak of hostilities could quickly destabilize the South Caucasus, a region crisscrossed by important pipelines carrying oil and gas to Turkey and Europe. The US, the EU and Russia have all called for restraint. Moscow is the dominant external player in the region; it sells weapons to both sides and keeps troops garrisoned in Armenia.

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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