Welcome to Axios World, where two evenings a week we break down what you need to know about the big stories from around the globe.
Yes, I zoomed in, it really says it. Photo: Win McNamee/Getty Images
National security advisor John Bolton took the podium in the White House briefing room today with a notepad containing a striking sentence: “5,000 troops to Colombia.”
Between the lines: Bolton’s announcement had nothing to do with troops — it was about sanctions on Venezuela’s state-owned oil company, PDVSA. Asked hours later about the significance of the message, captured by AP photographer Evan Vucci, a White House spokesman said only: “As the President has said, all options are on the table.” Rhetoric like that has kept the possibility of U.S. military intervention looming over the power struggle in Caracas.
Catch up quick:
What to watch:
The Trump administration had avoided oil sanctions in the past, out of concern they’d deepen the suffering of the Venezuelan people, raise oil prices and hurt U.S. companies.
That brings us back to Bolton, who stated again today that the U.S. “will hold Venezuelan security forces responsible for the safety of all U.S. diplomatic personnel, the National Assembly and President Guaidó. Any violence against these groups would signify a grave assault on the rule of law and will be met with a significant response.”
Illustation: Rebecca Zisser/Axios
We set out for Davos last week planning to probe a vital question in our conversations with business leaders and experts: Why is so much of society being left behind, and what should we do about it?
My brilliant Axios video colleagues Eli Sinkus, Jimmy Shelton and Megan Foley documented that journey.
Behind the scenes: There's been a lot of debate about whether the annual gathering of the rich and powerful in the Swiss Alps is good or bad for the world. I don't know the answer. What I do know is it gave me the opportunity for a number of really fascinating conversations.
A few snippets from my notebook:
Go deeper: Read our Davos Deep Dive.
The world's billionaires may be getting nervous, but they're doing just fine for now. My colleague Felix Salmon had a look in his weekly Edge newsletter.
Felix notes: "The world's billionaires increased their wealth by $2.5 billion per day in 2018. There are now more than 2,200 of them. The amount of wealth stored in offshore tax havens was estimated at $7.6 trillion in 2015."
An Afghan shopkeeper looks out from broken shop windows near the site of a truck bomb in Kabul claimed by the Taliban. Photo: Wakil Kohsar/AFP/Getty Images
After coming up short in many previous talks, the U.S. and the Taliban are now signaling they’re willing to come to an understanding on key demands long made by each side, Michael Kugelman of the Wilson Center writes for Axios Expert Voices.
Why it matters: "This isn’t just a case of several Taliban factions trying to test the waters and seeing what the U.S. has to offer. The Taliban has sent several of its top leaders to the negotiations — high-ranking officials who would not show up just for informal chats with the Americans."
What to watch: "The Afghan government is understandably unhappy for being left out of the conversation thus far, so Washington will have to accommodate it if these fledgling efforts toward peace are to grow more promising."
The bottom line: "The Taliban has plenty of leverage and it’s negotiating from a position of strength. If it doesn't like where things are going, its leaders can easily back out, undercutting the encouraging progress made in the last few days."
John McCallum. Photo: Jonathan Wong/South China Morning Post via Getty Images
The U.S. Justice Department today charged Meng Wanzhou, the CFO of Chinese electronics giant Huawei, with violating Iran sanctions. Meng was arrested last month in Canada, where legal proceedings around her possible extradition to the U.S. are ongoing.
That news comes two days after Prime Minister Justin Trudeau requested and received the resignation of John McCallum, Canada's ambassador to China, after McCallum told reporters it would be "great for Canada" if the U.S. dropped its extradition request.
What to watch: Trudeau has been criticized by some within his Liberal Party for firing McCallum and by the opposition Conservatives for not firing him immediately. The Huawei affair could prove an election year headache for the prime minister, who nonetheless looks likely to win another term in October.
Meanwhile, in Beijing: Chinese President Xi Jinping used a 4-day seminar with provincial and ministerial-level officials to stress that the Communist Party should prepare for heightened risks across every dimension this year, Axios contributor Bill Bishop writes:
Why it matters: "He is laying the groundwork for even more ideological tightening and enhanced social control in face of the economic issues and the many sensitive anniversaries in 2019. These include the 100th of the May Fourth Movement, the 30th of the Tiananmen Square crackdown, and the 70th of the founding of the PRC."
The bottom line: "The Year of the Pig looks like it may be an especially nasty, brutish year in China," Bishop writes.
Go deeper: Isolated Canada faces China, Saudi Arabia
Protest in Kinshasa for supporters of Martin Fayulu, an opposition candidate who has challenged the official results that saw him finish second in the Democratic Republic of the Congo's elections. Photo: John Wessels/AFP via Getty Images
Paulo Gomes, founder of Constelor Investment, writes for Axios Expert Voices that "recent and potential civil unrest will result in lower investment in a region of the world that needs it most."
Yes, but: "Broad perceptions of political risk blind investors to opportunities in Africa, which hosts half of the world's fastest-growing economies. Over the next five years, 20 African economies are expected to grow at 5% or higher, outpacing the 3.6% rate for the world economy."
There are more people around the world than ever before living in countries other than the one they were born in.
As a new Pew report shows, a growing proportion of those migrants are from the Middle East and Africa.
Behind the numbers: "The Latin America and Caribbean region was the world’s fastest-growing source of international migrants from 1990 through 2010. However, growth in the number of emigrants from this region has slowed dramatically in recent years — due in large part to a slowdown of people leaving Mexico."
A ceremony honoring British World War II veterans Edna and Victor Barnett, who died within days of each other without surviving relatives. After a "call to arms" by members of the Royal Air Force, hundreds of people arrived to pay their respects. Photo: Christopher Furlong/Getty Images
"We are proud of the success of Emirati women and their role is central to shaping the future of the country. Gender balance has become a pillar in our governmental institutions."— Dubai Media Office congratulates the four winners of the UAE's gender equality awards. They were all men.
Thanks for stopping by — see you Thursday evening!