What We're Watching: Yemen’s Fractured Alliances and An Ominous Russian Explosion

What We're Watching: Yemen’s Fractured Alliances and An Ominous Russian Explosion

A coalition cracking in Yemen - On Saturday, UAE-backed southern separatists took over the presidential palace in Aden, the country's second-largest city. On Sunday, they were bombed by a military coalition led by Saudi Arabia. The Saudis and Emiratis entered the Yemen fray together back in March 2015 to push back against the Iran-aligned Houthis and contain Tehran's expanding influence in the region. But the two countries quickly developed different long-term goals and cultivated very different allies on the ground. The Saudis support the internationally-recognized Yemeni government, while the Emiratis backed separatists that would like to see the country split in two. This weekend's fighting, just weeks after the UAE's drawdown from Yemen, is not the first standoff between Saudi-backed and UAE-backed forces in Yemen, but if it continues, it could be the most destructive. Not what you want to hear about a conflict that the UN has already christened the "world's worst humanitarian disaster."

An ominous explosion in Russia - Last week, an explosion at a missile test site off Russia's northern coast caused radiation in a nearby city to spike to 200 times normal levels. Seven people died in the blast, including five Russian nuclear scientists. Russia has changed the official story several times, but Western spooks think something went wrong while Moscow was testing a new nuclear-powered cruise missile. We're watching this for two reasons. First, because it's a glimpse of the dangers inherent in the new arms race that's developing between the US and Russia. Second, because the poor communication is not a great look for a government that's already under pressure from some of the biggest protests in Moscow in years.

What We're Ignoring:

China's new cryptocurrency - China is apparently "close" to launching its own cryptocurrency. Beijing has been looking into launching a digital renminbi for years, but appears to have intensified its efforts following Facebook's recent decision to back a new cryptocurrency project called Libra. Sounds interesting in theory. Beijing is worried that Libra could undermine its control over its financial system and its long-term effort to promote the renminbi as an alternative to the US dollar. But convincing 1.4 billion people to trade their cash for a digital substitute that authorities can easily track may be a tall order, even for China.

Vaccines are the best hope to end the COVID-19 pandemic. But rich countries are hogging most of the doses, with more than 83 percent of shots administered to date having gone to residents in high- and upper-middle-income countries. Most poor countries will have to wait years to achieve widespread vaccination, according to one study.

To address this inequity some stakeholders are pushing hard for waivers to intellectual-property (IP) rights through World Trade Organization trade rules so that manufacturers in poorer countries can make their own vaccines locally. India and South Africa have been leading the charge, which would essentially mean that deep-pocketed pharma companies like New York-based Pfizer, for instance, would have to hand over the keys to the kingdom, allowing local companies in New Delhi and Johannesberg to make generic versions of their vaccines.

Unsurprisingly, the debate has gotten fiery, with passionate arguments emerging both for and against.

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Russian president Vladimir Putin on Wednesday threatened an "asymmetrical, rapid, and harsh" response for anyone that dares to cross a "red line" with Russia.

What's the red line? Putin says he'll decide on a case-by-case basis. And the cases at the moment are growing: the US has sanctioned Russia over cyber crimes; Putin critic Alexei Navalny is near death in a Russian prison; the Czechs say Russia blew up a Czech munitions depot; and as many as 120,000 Russian troops are reported to be massing along Russia's border with Eastern Ukraine.

Which is to say: there's potentially a Sol Lewitt's-worth of red lines to ponder now.

Europe has been hit by a green wave in recent years. Green parties in countries as varied as Germany, Belgium, France, Ireland, Finland, and Sweden have made sizable electoral gains, with some now sitting in national governments.

The Green phenomenon seems to be gaining yet more momentum in the lead up to some crucial European elections (Germany, France) in the months ahead. What explains the green shift, and where might this trend be headed?

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More than 930 million doses of COVID-19 vaccine have already been administered globally, and another 1 billion more are expected to be manufactured by the end of May. Most of the manufacturing is concentrated in a small group of countries. While some — like China, for instance — are exporting roughly half of the shots they make, others — mainly the US — are keeping most of the supply for domestic use. Meanwhile, export controls have been a particularly thorny issue in the European Union and India, where governments have come under intense pressure to stop sending vaccines to other parts of the world amid sluggish rollouts at home. We take a look at what the world's top manufacturers are doing with the vaccines they are producing.

Ian Bremmer explains how a fire on the Cuyahoga River in Cleveland, Ohio, in the summer of 1969, set the conservation movement ablaze in the United States. A TIME Magazine article about the fire led to the Clean Water Act, creation of the EPA, and the first Earth Day—April 22, 1970. Over 50 years later, citizens of the world agree that climate change is a global emergency. But how can nations come together to find solutions that are truly attainable?

Watch the GZERO World episode: Can We Fix the Planet the Same Way We Broke It?

US President Joe Biden's highly anticipated two-day climate summit opens on Thursday, when dozens of world leaders and bigshot CEOs will gather (virtually) to try to save the planet. Above all, the US is looking to showcase the idea that "America is back" on climate change. But will other countries buy it?

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55: EU governments on Wednesday reached a deal to cut greenhouse gas emissions by 55 percent from 1990 levels by the end of the decade. The commitment is in line with the bloc's broader goal of going carbon-neutral by 2050.

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