Monday, August 2, 2021

POLITICO's Global Translations: X is for intersection

A newsletter from POLITICO that unpacks essential global news, trends, and decisions.
Aug 02, 2021 View in browser
 
POLITICO Global Translations

By Ryan Heath

Send tips and thoughts to rheath@politico.com or follow Ryan on Twitter.

BEHIND THE HEADLINES

TOKYO TALKING POINTS

SIDE-BY-SIDE: Tokyo returned more than 4,000 new Covid cases Saturday and another 3.058 Sunday, but not all locals are following the city's Covid restrictions. With only 259 since cases July 1 linked to the Games, the first ticketed Olympic spectators filled up the Izu Velodrome near Mount Fuji on Monday, which is now open to 50 percent capacity.

X MARKS THE INTERSECTION: American shot putter Raven Saunders displayed her arms in a cross shape as a statement on the medal podium on Sunday. The silver medal winner said the X shape represented the "intersection of where all people who are oppressed meet." and that she did it for the Black, "LGBTQIA" and mentally struggling communities of which she is a part: "I want you to know I see you," the 25-year-old later told NBC. The U.S. Olympic governing body determined that the gesture was "respectful" and not in breach of rules against athlete protest during medal ceremonies.

Raven Saunders poses with her arms in an X with her silver medal on women's shot put at the 2020 Summer Olympics.

Raven Saunders poses with her arms in an X with her silver medal on women's shot put at the 2020 Summer Olympics. | Francisco Seco/AP Photo

Weightlifting in the crosshairs: One of the original Olympic sports may soon be out of future games, after the sport's global governing body failed to agree reforms to clean up the sport. There have been more than 600 doping positive tests since the 2008 Beijing Olympics, including by 34 Olympic medalists.

After attracting major headlines, Laurel Hubbard, the first openly transgender Olympic athlete, exited early from her women's weighlifting competition.

AMBASSADOR FOR EVERYWHERE: U.N. Ambassador Linda Thomas-Greenfield will lead the U.S. delegation to the Tokyo Olympic Games closing ceremony.

GLOBAL RISKS AND TRENDS

TAX — IRISH CENTRAL BANKER SAYS IRELAND WILL COPE WITH HIGHER GLOBAL CORPORATE TAX RATE: Ireland built its modern economy on a 12.5 percent corporate tax rate — enticing many global corporations to set up shop and report profits there. This has put Dublin on a collision course with a U.S. proposal, backed by 130 countries, to establish a global minimum tax rate of 15 percent. "The change in corporation tax rate certainly will have some impact," Irish Central Bank Governor Gabriel Makhlouf told POLITICO. "But is it something that I, sitting here as the governor of a central bank, worry about in a significant way? That would be an exaggeration."

It's the side deals: For European regulators the question is often not the headline tax rate in Ireland, but the government's tendency to do special deals with individual companies such as Apple, that deliver even lower rates to them. The Italian government won a settlement from Apple, after it accused the company of booking sales to Italians through Ireland instead of Italy, avoiding sales tax. The EU executive attempted to claw back more than $15 billion in taxes it says Apple should have paid to the Irish government. Apple meanwhile says it pays more tax than any other company in the world.

GERMANY — FRONTRUNNER TO REPLACE MERKEL TRIPS AGAIN: Armin Laschet just can't put a foot right these days — and it's a real pattern rather than a couple of unlucky stumbles. The latest issue: plagiarism, a problem that has forced several other ministers and Chancellor contenders out of office during the past decade. The only "saving grace": Annalena Baerbock, the Green candidate for Chancellor, has also faced accusations of plagiarism.

Laschet is still favored to win Germany's September election, but he faces extremely long odds on the question of whether he can fill Merkel's shoes. His approval rating has fallen from 47 to 35 percent over the past month.

IRAN — ATTACK ON COMMERCIAL SHIP ATTRIBUTED: Secretary of State Antony Blinken said Sunday that of an exploding drone attack on the commercial ship Mercer Street was conducted in international waters, killing two people. Blinken said "we are confident that Iran conducted this attack." The ship flew under a Liberian flag, but is linked to Israeli billionaire Eyal Ofer.

TUNISIA — THE VIEW FROM JAKE SULLIVAN: In an hour-long discussion between President Kais Saied and National Security Adviser Jake Sullivan (notably, Joe Biden was absent), the NSC said Sullivan focused on the "critical need for Tunisian leaders to outline a swift return to Tunisia's democratic path." Saied dismissed the prime minister and suspended parliament eight days ago. The U.S. now wants "the timely return of the elected parliament" and a new government to "stabilize Tunisia's economy and confront the Covid-19 pandemic.

Translation: 87 percent of Tunisians might support the President suspending Parliament, but the U.S. isn't sending Saied a blank check on that basis.

TAIWAN ON EDGE: Admiral Lee Hsi-min, former head of Taiwan's armed forces, says China's military incursions into Taiwanese air space are frenetic, and well beyond "grey zone" behavior.

AFGHANISTAN — DEADLY ATTACK ON U.N. COMPOUND: The attack, which the U.S. government attributes to "anti-government militants," took place in Herat in the country's west and killed a local guard.

'Complete disaster': Inside the Biden team's chaotic bid to evacuate Afghan interpreters. "It's my view that the evacuations should have started right after the announcement of our withdrawal. That evacuation started too late," Rep. Jason Crow (D-Colo.), a former Army Ranger who served in Afghanistan, said in an interview. The Biden administration is broadening the opportunity for Afghans affiliated with the U.S. war effort.

COVID AND CHINA: The eastern Chinese city of Yangzhou suspended domestic flights over a mini-outbreak of 16 cases. China has administered more than 1.65 billion vaccine doses according to government figures.

SUSTAINABLE RECOVERY SPOTLIGHT

EVICTION LATEST: More than 15 million people in 6.5 million U.S. households are behind on rental payments, according to a study by the Aspen Institute and the COVID-19 Eviction Defense Project. About 7.4 million adult tenants reported they were behind on rent in the latest U.S. Census Bureau survey , with half of those adults reporting they're likely to face eviction in August and September now that a federal moratorium on evictions during the Covid pandemic has lapsed.

Several states have kept protections in place through August including California, New York and New Jersey, but in other states experts say to expect, as a minimum, 450,000 paused evictions to start moving forward.

The House failed to extend the national moratorium on evictions Friday, but four federal government agencies extended "foreclosure-related eviction moratoria until September 30," on properties where the agencies provide guarantees, at the request of the White House.

AOC's blame game: "We cannot in good faith blame the Republican Party when House Democrats have the majority," said Rep. Alexandria Ocasio-Cortez on Sunday, but she does blame state governments: "out of the $46 billion that has been allocated, only $3 billion has gone out to help renters and small mom and pop landlords," Ocasio-Cortez said. Progressives — led by Missouri Rep. Cori Bush — have protested the ban's lapse by sleeping on the Capitol steps. (But they have to sleep in chairs on the steps because of a law outlawing sleeping on the actual grounds of the Capitol.)

THE FIGHT TO CURB RUNAWAY CEO COMPENSATION

GLOBETROTTERS

RELIGIOUS FREEDOM AMBASSADORS: Rashad Hussain, who is Muslim, is nominated as Ambassador-at-Large for International Religious Freedom and Deborah Lipstadt, a renowned Holocaust scholar, is set to be a Special Envoy for combating antisemitism. Khizr Khan and Sharon Kleinbaum are slated to be commissioners for the United States Commission on International Religious Freedom, created in 1998.

YOUTUBE SUSPENDS SKY NEWS AUSTRALIA : YouTube has kicked Australia's top cable news channel off the platform for 7 days, saying it broke policies on coronavirus misinformation, Australia's ABC News reported.

TOMORROW TODAY

The Aspen Security Forum takes place Tuesday and Wednesday. Top of the agenda: Securities and Exchange Commission Chairman Gary Gensler; Lee Hsien Loong, Prime Minister of Singapore; Prince Faisal bin Farhan bin Abdullah bin Faisal bin Farhan Al Saud, Foreign Minister of Saudi Arabia; and U.S. Representative Liz Cheney.

BRAIN FOOD

SHORT READ: South Korea's easily offended men, by Hawon Jung, author of "Flowers of Fire," a book on South Korea's #MeToo movement. Did you know? South Korea's gender pay gap is 35 percent (the widest in the OECD) and two-thirds of listed companies have no female top executives.

Thanks to editor Ben Pauker and Johanna Treeck

 

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Ryan Heath @PoliticoRyan

 

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