What We’re Watching: Xenophobia in South Africa, Peru's Border Politics, China at the WTO

Xenophobic riots in South Africa: Police in South Africa have arrested more than a hundred people in riots that appeared to target foreign-owned businesses in and around Johannesburg, the country's largest city. In a nation where the official unemployment rate is nearly 30 percent, foreign business owners and refugees from other African countries often face violence by people who accuse them of stealing jobs from South Africans. Over the past ten years, hundreds of anti-foreigner attacks have been registered. The most recent episode has taken on an international dimension as well: Nigeria, which says a number of its citizens were targeted in the violence, has already recalled its ambassador.


Peru beefs up the border: Peru is beefing up border security after imposing stricter rules on Venezuelan migrants seeking to enter the country. Since requiring Venezuelans to have visas earlier this summer, the number of legal arrivals has fallen by 90%. But now authorities are concerned that the new requirements have driven migrants underground or into the hands of traffickers. Ecuador, Peru, and Chile all have visa requirements for Venezuelans. Colombia, which is already home to 1.4 million Venezuelan migrants has thus far imposed few restrictions and has in fact encouraged them to stay visible by registering for basic social services. We are watching to see if harder policies in Bogota's Andean neighbors put greater strain on Colombia's own largesse.

What We're Ignoring

China at the WTO: Beijing has filed a formal complaint with the World Trade Organization (WTO), alleging that the tariffs that the Trump administration has slapped on Chinese goods violate the global trade regulator's rules. We are all for playing by the rules, and some details of the ongoing US-China dustups at the WTO are amusing (Washington, for example, is arguing part of its case for tariffs on the basis of "public morals"), but we are ignoring this for two reasons. First, any WTO rulings will take years, and the US might not even abide by them. Second, to say that China's actions here will have zero effect on WTO-skeptic Donald Trump's trade policy would be to understate the zeroness of the concept of zero itself.

In the southern Italian region of Basilicata, home to the Val d'Agri Oil Centre known as COVA, hydrocarbon processing has undergone a radical digital transformation. COVA boasts one of the world's first fully digitized hydrocarbon plants, but why? Two primary reasons: infrastructure and information. Val d'Agri has the largest onshore hydrocarbon deposit in mainland Europe. The site is expansive and highly advanced, and the plant features a sophisticated sensor system built to capture massive amounts of data. Maintenance checks, equipment monitoring, inspections and measurements are tracked in a fully integrated digital system designed to prevent corrosion and ensure cleaner, more sustainable natural gas processing.

Learn more at Eniday: Energy Is A Good Story

Well, we still don't know who exactly launched the spectacular aerial attack on Saudi Arabia's main oil processing facility over the weekend, which knocked 5% of the world's oil offline and sent crude prices into their biggest one day jump in decades.

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The attack on Saudi Arabia's Abqaiq oil facility knocked out about 5 percent of total global oil supplies in one go. Saudi Arabia accounts for about 12 percent of global crude output in total, and has been at that level for years now. Here's a look at how today's other top producers, the US, Russia, Canada, and Iraq have fared over the past thirty years.

Israeli Elections 2.0 — Israelis go to the polls again today for the second time in five months. Back in April, Prime Minister Benjamin (Bibi) Netanyahu's Likud party (just barely) won the most votes, but failed to form a governing coalition, paving the way for new elections. The big question today is: how many Israelis have actually changed their minds in such a short timeframe? Last time, Likud and the centrist Blue and White coalition each won 35 Knesset seats, and polls show the two parties are still neck and neck, while secular right-winger Avigdor Lieberman — whose dissent in May left Bibi one seat short of a majority — is gaining steam. If this holds, Bibi would not have a majority again, and a complicated rotating premiership, national-unity government, or even a third election, could result. We are watching for results shortly...

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1 billion: West African leaders have pledged $1 billion to combat the growing threat of Islamic extremism in the region. Mali-based insurgent groups with links to the Islamic State and al Qaeda have since spilled over into neighboring countries, hitting Burkina Faso particularly hard in recent months.

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