Tuesday’s top stories
The U.S. would discuss a joint boycott of the 2022 Winter Olympics in China with its allies and partners, State Department spokesperson Ned Price said during a press conference on Tuesday.
Why it matters: An Olympics boycott by the U.S. and its allies could help persuade international legal institutions to open an investigation related to allegations of genocide in Xinjiang, human rights lawyer Djaouida Siaci tells Axios' Bethany Allen-Ebrahimian.
The global economy is going to end 2021 2.5% larger than it was at the end of 2019. That's according to the latest forecast from the IMF, which has upgraded its economic projections by about half a percentage point since its last forecast in January.
Why it matters: The overall growth rate of 6% in 2021 masks a huge range between countries. India is projected to grow at a 12.5% pace this year, for instance, while Nigeria will only grow by 2.5%.
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A historically bad year for the global economy was also a record-smashing one for the wealthiest people on the planet.
Driving the news: The 35th annual Forbes world billionaires list — out today — had a record number atop its list who largely saw their net worth skyrocket.
Former reality TV star Caitlyn Jenner is talking with political consultants as she actively explores a run for governor of California, three sources with direct knowledge of her deliberations tell Axios.
Why it matters: Gov. Gavin Newsom, a Democrat, is facing a recall election. A challenge from Jenner, a high-profile Republican and previous Trump supporter, would draw heightened attention to the race to lead the nation's most populous state.
U.S. Secretary of Defense Lloyd Austin is expected to travel to Israel next week, Israeli officials tell me.
Why it matters: This will be the first Cabinet-level visit to the Middle East from the Biden administration, which has been shifting attention away from the region and toward China and Russia.
California will aim to fully reopen its economy on June 15 if COVID-19 hospitalizations remain low and vaccine supplies adequately cover people ages 16 and older, Gov. Gavin Newsom (D) announced Tuesday.
Why it matters: More people have died of the coronavirus in California than in any other state. Newsom has faced a growing recall effort in recent months as Californians have called on him to lift heavy-handed restrictions on businesses.
A use-of-force instructor at the Minneapolis Police Department (MPD) testified Tuesday that officers have never been trained to use the type of knee-on-neck restraint that Derek Chauvin employed against George Floyd.
Driving the news: Johnny Mercil, a lieutenant who has worked in patrol and on the community response team, said that officers are trained to use the "least amount of force necessary" to subdue a suspect, and that a knee on the neck would not be authorized against a suspect who is "under control and handcuffed."
General Motors announced Tuesday it will introduce an electric version of its popular Chevrolet Silverado pickup truck that will be built at the company’s Factory ZERO assembly plant in Detroit.
Why it matters: GM is rapidly expanding its portfolio of battery-operated vehicles, with a plan to deliver more than 1 million EVs globally by 2025. It just unveiled the GMC Hummer electric SUV last weekend, joining the previously announced GMC Hummer electric pickup.
The International Olympic Committee (IOC) gave a uniform contract for the Tokyo 2021 Summer Olympics and the Beijing 2022 Winter Olympics to a Chinese textiles company that has an affiliated factory in Xinjiang and that openly advertises its use of Xinjiang cotton.
Why it matters: The opacity of supply chains in China means it may be hard to determine if goods are made through forced labor.
Former President Donald Trump on Tuesday wrote in a statement that it was "too bad" that the GOP-sponsored law restricting voter access in Georgia "didn't go further."
Why it matters: The law has garnered widespread condemnation from civil rights activists, Democrats, and more than 100 businesses and CEOs for instituting stricter ID requirements and limiting the use of ballot drop boxes, among other restrictions.
Bad news for Amazon is usually viewed as good news by its smaller retail rivals, wherever they sit in the supply chain. But that may not be true this week.
The big picture: Nearly 6,000 Amazon warehouse workers in Alabama are awaiting the preliminary results of a unionization vote, which could be released at any moment by the National Labor Relations Board.
Capitol Police officer Billy Evans, who was killed last Friday in a vehicle attack on the Capitol, will lie in honor in the U.S. Capitol Rotunda on April 13, House Speaker Nancy Pelosi (D-Calif.) and Senate Majority Leader Chuck Schumer (D-N.Y.) announced Tuesday.
What they're saying: "In giving his life to protect our Capitol and our Country, Officer Evans became a martyr for our democracy," Pelosi and Schumer said in a statement.
President Biden will announce Tuesday that he is moving up the deadline for states to make all American adults eligible for a coronavirus vaccine to April 19, CNN first reported and Axios has confirmed.
Why it matters: The announcement means states will be pressured to make all Americans 16 years and older eligible for the vaccine two weeks earlier than the original May 1 deadline, reflecting a growing confidence in the U.S. vaccination campaign.
The March reading of the ISM services index reached the highest level on record last month (with data going back to 1997), far outpacing economists' forecasts. At 63.7, it jumped more than eight points from the month before.
The big picture: Readings from business owners in the U.S. services sector now have joined the manufacturing sector in ebullience about the future, as stimulus checks hit bank accounts, vaccination rates rise and job growth returns.
Two weeks after Israel's fourth consecutive election, Israeli President Reuven Rivlin on Monday gave the mandate for forming a new government to Prime Minister Benjamin Netanyahu.
Why it matters: Netanyahu's path for forming a coalition is very, very narrow. Although he received the mandate from the president, Netanyahu does not at the moment have a majority in the Israeli Knesset that will allow him to form a new government.
1 in 4 workers (26%) plans to look for a job at a different company once the pandemic has subsided, according to Prudential's latest Pulse of the American Worker Survey, conducted by Morning Consult in March.
Why it matters: High-skilled workers with plenty of opportunities are the hardest to replace. This massive reshuffling also will create major headaches for employers, and will likely expand the gaps between men and women in the workplace.
Monday's Supreme Court's ruling in favor of Google over Oracle left much of the software industry feeling like they'd dodged a bullet.
Why it matters: By resolving an 11-year-old dispute over rights to program code in favor of Google, the Supreme Court is allowing tech companies to largely continue with their practice of building on past software advances in creation of new technology.
By incentivizing companies to go along with the Chinese government's repressive policies in Xinjiang and imposing punishments on those that don't, the Chinese Communist Party has made complicity in repression profitable for some companies — and for others, even mandatory.
The big picture: With the second-largest market in the world — one that is projected to surpass the U.S. to take the top spot by 2028 — the Chinese Communist Party has an enormous amount of power.
Russia is staging shows of military might in orbit as its civil and commercial space sector loses its longstanding edge.
Why it matters: These demonstrations threaten to undermine responsible behavior in space, and could put U.S. military — and possibly commercial — assets in orbit at risk.
Just half of U.S. parents plan to get their children vaccinated for COVID-19 as soon as they can, according to the latest installment of the Axios/Ipsos Coronavirus Index.
Why it matters: High vaccination rates are seen as a key to achieving herd immunity, but many parents don't want their kids to be the first in line once pediatric vaccinations become available.
New Zealand will open a quarantine-free "travel bubble" with Australia from 11:59pm on April 18, Prime Minister Jacinda Ardern announced Tuesday.
Why it matters: New Zealand tourism industry official Chris Roberts and Michael Barnett, an NZ Chamber of Commerce director, told Axios the plan could serve as a model for other countries.
North Korea's sports ministry announced Tuesday that it's decided to pull out of this summer's Tokyo Olympics "to protect athletes from the global health crisis caused by the coronavirus."
Why it matters: North Korea is the first country to withdraw its team from the Games because of pandemic concerns.
The Baylor Bears defeated the Gonzaga Bulldogs 86-70 in the Division I men's basketball title game at Lucas Oil Stadium in Indianapolis, Indiana, on Monday night.
Why it matters: This was Baylor's first NCAA title, handing the Bulldogs their first loss of the pandemic-interrupted season and quashing their hopes of becoming the first unbeaten champion since 1976.
Driving the news: After the MLB pulled the event from Atlanta over Georgia's new voting restrictions, a spokesperson for Colorado Gov. Jared Polis (D) said last Friday he would be "burning up the phones" to bring the game to Denver.