What We’re Watching: Unrest on the Isle of Enchantment

#Rickyleaks – A spectacular political crisis has erupted in the US commonwealth of Puerto Rico as tens of thousands of people have taken to the streets in recent days to demand the resignation of Governor Ricardo "Ricky" Rosselló. The trigger for the unrest was the leak of hundreds of text messages in which Rosselló and his associates use homophobic and sexist slurs against a wide variety of public officials and journalists—while joking about the death toll from Hurricane Maria. But this outburst of public fury reflects broader frustrations with mismanagement of post-Maria reconstruction, severe cutbacks in social services in response to a debt crisis, and decades of corrupt and detached politicians in charge of the "Island of Enchantment."

Ukraine's Elections – Comedian Volodymyr Zelensky was elected president two months ago, but the substantive part of his time in office will begin on Sunday, when elections are held for the Rada, Ukraine's parliament. His Servant of the People party, named for the television show that made Zelensky famous, will likely win more votes than any other. We'll be watching to see its margin of victory and what it reveals about the new president's opportunity to transform Ukraine's politics.

Mexicans' attitudes toward migrants – A new poll from The Washington Post and Mexico's Reforma newspaper finds that more than 60 percent of Mexicans say Central American migrants take jobs and benefits that should go to Mexicans. Nearly as many, 55 percent, support the deportation of migrants back across Mexico's southern border.

Rhino Bonds – The Zoological Society of London and Conservation Capital are running the sale of a $50 million bond to finance expansion of the endangered black rhino population. It's a test case for creation of a wildlife conservation debt market that could be used to protect species facing extinction.

What We're Ignoring:

A manmade Antarctic snowstorm – A report published in the journal Science Advances finds that if we had 12,000 wind turbines to power giant seawater pumps and snow cannons to spray trillions of tons of snow over western Antarctica, we might prevent the collapse of a giant ice sheet that threatens to submerge coastal mega-cities like New York and Shanghai. The study's authors devised this ludicrous proposal as a way to focus people's attention, rather than as a feasible project. But we're ignoring this idea because we don't see the value in another argument that leaves us feeling powerless to deal with an important problem.

In Italy, stacks of plastic boxes in supermarkets and stores are not garbage - they are collected and reused, thanks to a consortium that specializes in recycling them for food storage. How do these "circular" plastic boxes help reduce energy consumption and carbon dioxide emissions?

Learn more in this episode of Eni's Energy SUPERFACTS series.

British economist Jim O'Neill says the global economy can bounce back right to where it was before, in a V-shaped recovery. But his argument is based on a lot of "ifs," plus comparisons to the 2008 recession and conditions in China and South Korea that may not truly apply. Ian Bremmer and Eurasia Group's Robert Kahn take issue with O'Neill's op-ed, on this edition of The Red Pen.

Today, we're taking our Red Pen to an article titled "A V-Shaped Recovery Could Still Happen." I'm not buying it. It's published recently by Project Syndicate, authored by British economist named Jim O'Neill. Jim O'Neill is very well known. He was chairman of Goldman Sachs Asset Management. He's the guy that coined the acronym BRICS, Brazil, Russia, India, China. So, no slouch. But as you know, we don't agree with everything out there. And this is the case. Brought to you by the letter V. We're taking sharp issue with the idea that recovery from all the economic devastation created by the coronavirus pandemic is going to happen quickly. That after the sharp drop that the world has experienced, everything bounces back to where it was before. That's the V. Economists around the world are debating how quickly recovery will happen to be sure. But we're not buying the V. Here's why. W-H-Y.

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Over the past few years, we've seen three major emerging powers take bold action to right what they say are historical wrongs.

First came Crimea. When the Kremlin decided in 2014 that Western powers were working against Russian interests in Ukraine, President Vladimir Putin ordered Russian troops to seize the Crimean Peninsula, which was then part of Ukraine. Moscow claimed that Crimea and its ethnic Russian majority had been part of the Russian Empire for centuries until a shameful deal in 1954 made Crimea part of the Ukrainian Soviet Republic. Americans and Europeans imposed sanctions on Russia. But Ukraine is not part of NATO or the EU, and no further action was taken.

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Nicholas Thompson, editor-in-chief of WIRED, provides his perspective on technology news:

Will the new audit of Facebook civil rights practices change the way the company operates?

Yes. It came under a lot of pressure from civil rights activists who organized an advertising boycott. And then an internal audit on Facebook's effect on civil rights came out. It was quite critical. Those two things, one after the other, will surely lead to changes at the company.

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The United States and the European Union have comparable population sizes, but their COVID-19 death toll trajectories have recently become very different. Since the beginning of July, the average number of both new fatalities and new deaths per 1 million people is rapidly increasing in the US while it remains mostly flat in the EU. We compare this to the average number of new cases each seven days in both regions, where the US trend continues upward but is not surging like the death toll. EU countries' robust public health systems and citizens' willingness to wear masks and maintain social distance could explain the disparity.