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The US Senate majority leader calls for new elections in Israel, South Korea cracks down on Chinese ͏‌  ͏‌  ͏‌  ͏‌  ͏‌  ͏‌ 
 
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March 15, 2024
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Flagship

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The World Today

  1. Schumer takes on Bibi
  2. Biden takes on steel deal
  3. SK’s e-commerce rules
  4. Bitcoin inventor drama
  5. Daniel Craig’s Gulf dreams
  6. ‘India Out’ of Bangladesh?
  7. Japan marriage ruling
  8. New York’s child care costs
  9. SpaceX’s successful launch
  10. NASA contacts voyager

China’s gifts for the Dune director, a former CIA field officer dishes on the agency, and why we beware the middle of the month.

1

Schumer calls for new Israeli elections

REUTERS/Craig Hudson

U.S. Senate Majority Leader Chuck Schumer on Thursday called for new elections in Israel, becoming the highest-ranking American politician to publicly call for Israeli Prime Minister Benjamin Netanyahu’s dismissal. Schumer’s remarks follow intensifying criticism from the White House over Israel’s operation in Gaza, and prompted harsh pushback from Republicans who accused him of meddling in the politics of an allied government. Israel’s leaders also faced rare criticism from its own military, as a general said politicians must “be worthy of us” and reject extremism. Ahead of an anticipated invasion of the Gazan town of Rafah, Israel said Wednesday it would send many of the 1.4 million Palestinians there to “humanitarian islands” in the center of the enclave.

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2

Biden comes out against Nippon deal

U.S. President Joe Biden came out against Japanese company Nippon Steel’s $14.1 billion bid to buy U.S. Steel, a deal that is already under a national security review. Biden’s statement that U.S. Steel should remain “domestically owned and operated” — though he didn’t say whether he would block the deal — marked a rare presidential intervention in a deal that would have drawn much less scrutiny were it not an election year, Bloomberg noted. Meanwhile, a U.S. Steel competitor that tried to buy the company last year formed an unlikely alliance with a steelworkers union, working behind the scenes to kill the Nippon deal, The Wall Street Journal reported.

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3

SK gets tough on Chinese e-commerce

REUTERS/Florence Lo/Illustration

South Korea is cracking down on popular Chinese e-commerce giants AliExpress, Temu, and Shein over consumer complaints about counterfeit goods and sensational ads. Seoul will require the companies to open local offices in Korea, and regulators will increase their monitoring of the platforms, which are known for offering cheaper products and faster delivery than domestic competitors. Chinese state media called it a “targeted move” that threatens to disrupt Sino-Korean trade relations. The e-commerce companies have faced global scrutiny as they’ve exploded in popularity; U.S. lawmakers have called for changes to a trade loophole used heavily by Shein and Temu that allows the inexpensive Chinese goods to be shipped tariff-free.

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4

Computer scientist is not Bitcoin creator

A British judge ruled that an Australian computer scientist who claimed to be the creator of Bitcoin is not, in fact, the creator of Bitcoin. The idea for Bitcoin and other cryptocurrencies was first expounded in a 2008 white paper authored by one “Satoshi Nakamoto.” Craig Wright has said since 2016 that he is Nakamoto and sued people who challenged his story. A group of crypto companies took him to court, accusing him of harming their businesses with his lawsuits. The judge said that “the evidence is overwhelming” that Wright was not the author of the white paper, or the person who created the Bitcoin system or software. The actual identity of Nakamoto remains unknown.

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5

Daniel Craig’s Gulf ambitions

Dimitrios Kambouris/Getty Images for National Board of Review

British actor Daniel Craig is trying to secure financing from Gulf governments for a planned movie adaptation of Othello set in Iraq, while Qatari officials are angling for the country to be part of future James Bond films, the franchise Craig led for 15 years, Semafor reported Thursday. Gulf countries have looked to Hollywood as a soft-power play in recent years as part of their goal of becoming sports and culture destinations. Over a third of the films included in the Cannes film festival’s selection last year were financed by the Saudi government, and the United Arab Emirates is building a massive studio complex. Their efforts haven’t been entirely successful, though: An Emirati-backed bid for a major U.K. newspaper was blocked by the British government.

For more scoops from the world of business and finance, sign up to Liz Hoffman’s twice-weekly newsletter. →

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6

The Bangladeshi ‘India Out’ campaign

REUTERS/Mohammad Ponir Hossain

Bangladeshi social media influencers are calling for a boycott of Indian products in an “India Out” campaign that mirrors a similar push in the Maldives. The activists accuse India of tacitly supporting perceived irregularities in Bangladesh’s electoral process, after the country’s ruling party held onto power in a one-sided election in January. New Delhi is seen as influential over Dhaka’s law enforcement institutions that “have been weaponized to crush political opposition and dissent,” The Diplomat wrote. Unlike the Maldives’ anti-India effort, in which the island nation’s new pro-China president pushed for the removal of Indian military personnel, the Bangladeshi advocates may have a more muted impact. The country is closely linked to India and heavily reliant on its imports.

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7

Japan court rules on same-sex marriage

Kyodo/via REUTERS

A Japanese court ruled Thursday that a ban on same-sex marriage is unconstitutional, a move cheered by LGBTQ+ activists. Allowing same-sex marriage “does not seem to cause disadvantages or harmful effects,” the court said. Only the government, though, has the power to change existing marriage laws, which have been interpreted to only allow marriage between a man and a woman. Public support for same-sex marriage is increasing in Japan, with a survey last year finding that 64% of people were in favor, diverging from the country’s ruling Liberal Democratic Party.

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8

Child care costs hurt New Yorkers

Lindsey Nicholson/UCG/Universal Images Group via Getty Images

Child care costs are preventing New Yorkers from going to work. Two in five people polled said they or someone in their household stayed home to look after children, and more than half of them said they were doing so because they could not afford childcare. Ironically, child care workers themselves are “underpaid and undervalued,” a Cornell University report found, earning 40% less than the median New York wage on average — an issue that is largely mirrored in another global metropolis, London. The report said subsidizing child care would increase the number of people in the workforce and have a huge return on investment.

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9

Successful launch, fiery landing

REUTERS/Joe Skipper

SpaceX’s Starship, the most powerful rocket ever launched, reached orbit on its third trial launch before apparently burning up on re-entry. The test is the most successful so far: The first attempt, in April, exploded before reaching space, while in November SpaceX managed eight minutes of a planned 90-minute flight. This flight was seen as a success: All engines fired and completed their burn, and the spaceship turned them off to “coast” in orbit, and it carried out various tests, such as opening a door which would, in a real launch, deploy satellites. Starship, which SpaceX says will be large enough to carry 100 astronauts, will be crucial in NASA’s Artemis missions, which is scheduled to take humans to the moon in 2026.

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10

NASA back in touch with Voyager

An image from Voyager 1 taken in the 1980s. Photo by Heritage Space/Heritage Images/Getty Images

NASA regained contact with Voyager 1 after months of garbled messages. Voyager 1 and 2 launched in 1977, and Voyager 1 is now more than 15 billion miles from Earth. Radio signals take 22.5 hours to reach it. In November, a malfunction left it sending seemingly meaningless data, and NASA worried that the mission was ending. But on Wednesday, the team decoded some of the garbled information with hopes to get “good science data back,” one researcher told Scientific American. It will, however, only be a temporary reprieve: The Voyagers’ power sources are weakening. Eventually they will go silent, tumbling “like a message a bottle” through interstellar space — to the sadness of the team, some of whom have worked on Voyager for their entire careers.

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Friends of Flagship

Roughly half of the world’s population will go to the polls in 2024, including in India, the world’s most populous country. To stay up to date on the political dynamics, we recommend India Link. Each issue is packed with analysis, perspective, and insight on India’s geopolitical trajectory, from diplomacy to culture. Subscribe to India Link here.

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Flagging

March 15: Senegal’s Supreme Court hears a challenge filed by the Democratic Party of Senegal, seeking to halt the March 24 presidential election.

March 16: Polls close in Russia’s presidential election.

March 17: St. Patrick’s Day parade takes place in Dublin, Ireland.

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Glossary

In Shakespeare’s play, Julius Caesar was warned to beware the ides of March (correctly, since he was then murdered on it). By Caesar’s time, the Romans had 12 months in the year, with either 29 or 31 days. Each month had three key dates: Kalends, nones, and ides. The kalends, from which we get calendar, was the first. Ides was the middle day — so the 13th or 15th, depending. The nones was the ninth day before the ides, counting inclusively, so the 5th or the 7th. The Roman calendar was extremely confusing, and Caesar, as high priest of the city, decided to tidy it up: One historian speculated that it was part of why he was murdered.

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Substack Rojak

Rojak is a colloquial Malay word for “eclectic mix,” and is the name for a Javanese dish that typically combines sliced fruit and vegetables with a spicy dressing.

‘​​I spent a lot of time breaking the laws in other countries’

An ex-CIA base chief in Afghanistan dishes on her former colleagues: Agents often don’t know enough about the places they work in, and the agency’s staff in Washington often aren’t familiar with the situation on the ground. In a fascinating interview with the policy newsletter Statecraft, Laura Thomas said the U.S. has a sense that “reason rules, that people always choose what’s in their best interest, and forget the role of emotion, and basic human nature.” Many field officers, she said, don’t know enough about the history and “tribal dynamics” of where they’re working; meanwhile, it was a challenge to “watch people in D.C. get things so wrong and not be able to do anything about it.”

Thomas couldn’t say where exactly she was based or when exactly she was with the CIA in Afghanistan, and the interview had to go through a CIA review process to make sure she didn’t divulge classified information. She’d face jail time if she ignored that obligation. “I spent a lot of time breaking the laws in other countries,” she said. “I’d really like to stay in the good graces of my own.”

Mobile wallets as soft power

Mobile wallets have become a form of soft power for countries, Matt Jones argues in Payments Culture. Tourists traveling to China for the first time — or for the first time since the pandemic — will be immersed in a world where those apps are ubiquitous for everyday payments. “The impression visitors have of China will be shaped by their experience using AliPay and possibly WeChat Pay,” the two most prominent services.

And as the apps are increasingly adopted by foreigners inside and outside China, the country’s soft power expands: Alipay now allows visitors to link their overseas cards to the app, popular stores in hubs like London have started allowing China’s mobile wallets as payment methods, and Western companies opened accounts on WeChat and Weibo for brand-building. “Companies are keen to signal to Chinese customers that we understand your culture,” Jones wrote.

‘A perfect shitstorm of climate change’

Women are harder-hit by climate change, two recent reports found. Though female farmers are equally capable at adopting farming practices that adjust to environmental changes, they tend to suffer more in extreme weather. Female-led households also lose more income from a long-term increase in average temperatures. The impacts are far-reaching: A decline in rainfall in India’s Maharashtra state, for example, led to crop failures, forcing families dependent on farming to migrate and resort to sugarcane cultivation.

Once in that industry, “women and girls face the added burden of fetching water from distant communal sources and are forced to bathe without privacy,” Thin Lei Win, a longtime food-policy reporter, wrote in her Thin Ink newsletter. “To me, this is a microcosm of what is likely happening in many parts of the world — a perfect shitstorm of climate change, gender inequality, government neglect, and power imbalances hitting the most vulnerable.”

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Curio
CFOTO/Future Publishing via Getty Images

Dune: Part Two has become a big hit in China, bucking the trend of big-budget Hollywood projects underperforming there. The Timothée Chalamet-led epic opened to a $20 million box office start, and has audience ratings of 9.3 on the ticketing app Maoyan and 8.3 on Douban, despite interest in Hollywood movies plummeting in China in recent years, The Hollywood Reporter noted. Director Denis Villeneuve’s press tour to promote the film in China is also endearing audiences: At one screening, he was gifted the popular chili oil Lao Gan Ma and the traditional spice mix Shi San Xiang, given that Dune revolves around a fictional planet known for its coveted Spice.

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