What We’re Watching: US pokes China on Taiwan, Yemeni rebels blacklisted, new Kyrgyz president

Art by Annie Gugliotta

Embracing Taiwan and provoking China: Over the weekend, the Trump administration eased long-standing restrictions on US diplomatic relations with Taiwan. In essence, just as President Trump is preparing to exit the White House, Secretary of State Mike Pompeo has lobbed a diplomatic Molotov cocktail toward Beijing and doubled down on the outgoing president's challenge to US orthodoxy on cross-Strait relations. In 1979, the US cut ties with Taiwan to open a new era in relations with China. Though Washington has continued to support Taiwan's security against possible Chinese attack, including by selling Taipei sophisticated weapons, Pompeo's directive goes much further in establishing new US-Taiwan ties — diplomatic and military — than any US administration in four decades. Although this isn't a complete break with the "One China Policy" and the US-Taiwan relationship remains "unofficial," we're watching now to see how the Chinese government will respond. It has good reason to wait to see what the incoming US president will say and do. That leaves Joe Biden with interesting problems, and Beijing wondering whether a future Republican president will push even harder on this hottest of hot-button issues.


US blacklists Houthis in Yemen: Washington now considers the Iran-backed Houthi rebels of Yemen to be a terrorist group, based largely on their history of cross-border attacks on Saudi infrastructure. The designation makes it illegal, under US law, for banks or companies to do business with the Houthis. The trouble is that in practice the Houthis now control most of Yemen, after overthrowing the previous government and fighting a six-year ongoing conflict against a coalition led by Saudi Arabia. As a result, humanitarian groups are worried that blacklisting the Houthis will make it harder for them to bring food and aid into the country, where a staggering 80 percent of the population depends on external assistance. It's also unclear whether this move will help or hinder extremely tenuous UN-led peace talks that are aiming to end Yemen's devastating civil war.

From prisoner to president: Sadyr Zhaparov, an outspoken populist who spent three years in jail for kidnapping of a regional governor, is the new president of Kyrgyzstan after winning Sunday's election in a landslide. The vote was a rerun of the October presidential election, which resulted in mass street protests that led to the resignation of then-President Sooronbai Jeenbekov, whom the opposition accused of rigging the vote. Amid the post-election unrest Zhaparov became prime minister after his supporters broke him out from prison. Zhaparov's victory is expected to bring long-overdue stability to the mineral-rich country, but some fear that he may use a June constitutional referendum to turn Kyrgyzstan into a more authoritarian state like most of its Central Asian neighbors. Outside players are also watching closely: Russia is delighted that the new leader of this former Soviet republic favors close ties with Moscow, while China worries that Zhaparov may dusts off his old plans to nationalize Chinese-owned gold mines.

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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