The failure of rich countries to share vaccines and financial assistance with poorer ones during the pandemic will exacerbate the rise in global poverty and could come back to bite them, Nobel Prize-winning economists Esther Duflo and Abhijit Banerjee tell Axios.
Why it matters: Duflo initially believed the pandemic would produce a “more cooperative world order” as rich countries felt compelled to show solidarity with the developing world, potentially boding well for future collaboration on issues like climate change. Now she fears the opposite.
Gone are the whimsical elements, and in come the suspense, the gothic and the noir. The new Latin American Boom is here, and it is being led by women.
What’s happening: Writers like Argentines Samanta Schweblin and Mariana Enríquez, Mexican Fernanda Melchor and Chilean Lina Meruane have made international waves with books that comment on quotidian violence — gender and otherwise — as well as othering through pulse-racing, enthralling and occasionally beautiful horror.
Some Republican lawmakers are demanding that NBA players end their endorsement contracts with Chinese sports retailers Anta and Li-Ning, which continue to source cotton from the Xinjiang region, Politico reports.
Why it matters: The U.S. government has warned that businesses with supply chains and investments in Xinjiang — where China has been accused of carrying out a genocide against Uyghur Muslims — run a "high risk" of violating U.S. laws on forced labor.
Israel will begin offering a third shot of the coronavirus vaccine to people over the age of 60 starting Sunday, Haaretz reports.
Why it matters: Israel will become the first country to begin giving booster shots, per Haaretz. The country will offer doses to those over 60 who received their second dose at least five months ago.
The member states of the European Union together have administered more coronavirus vaccine doses per 100 people than the United States, the New York Times reports.
Why it matters: The new figures highlight the pace at which the 27 member states of the E.U. are vaccinating their citizens, and stand in stark contrast to the speed of vaccinations in the U.S., which has stagnated.
Relentless heavy rainfall spanning over three days has killed at least six people and displaced thousands in Rohingya refugee camps in southern Bangladesh, according to the UN High Commissioner for Refugees.
Driving the news: About 2,500 shelters have been damaged or destroyed by the monsoon rains and strong winds that have hit camps in Bangladesh’s Cox’s Bazar.
Vice President Kamala Harris has big goals for improving conditions in Central America to help slow migration from the region toward the United States.
Driving the news: Senior administration officials unveiled five sweeping goals during a call on Wednesday: Bettering economic prospects; rooting out corruption; promoting human rights, labor rights, and a free press; preventing gang violence; and combating sexual, gender-based and domestic violence.
There's been plenty of Olympics drama on day six of the Tokyo Games Thursday — notably China's women's swimming team beating the U.S. and Australia in the record-setting 4x200-meter freestyle relay.
The big picture: Katie Ledecky helped the U.S. win silver, which also beat the previous world record smashed by China's team. Team USA grabbed two more swimming gold medals, when Caeleb Dressel won the men's 100m freestyle and Bobby Finke triumphed in the first men's Olympic 800m freestyle.
China grabbed Olympic gold in the women's 4x200m freestyle relay, in a surprise record win in Tokyo Thursday.
The big picture: Katie Ledecky made up time as Team USA's final swimmer to help the U.S. take silver. Australia, which was the heavy favorite, won the bronze. All three teams finished ahead of the previous world record pace.
What she's saying: "the outpouring love & support I’ve received has made me realize I’m more than my accomplishments and gymnastics which I never truly believed before. 🤍" Biles said.
House lawmakers are forming a bipartisan caucus to hold the Chinese Communist Party accountable for its human rights violations against Uyghurs in the Xinjiang region, Axios is first to report.
Why it matters: While the United States economy relies heavily on trade with China, relations between the two global powers are tense. The Chinese Communist Party's human rights violations are at the center of many complications.