Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa Bay news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Charlotte news in your inbox

Catch up on the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

A vendor moves for cover as a Zimbabwean soldier opens fire to disperse a crowd of demonstrators in Harare. Photo: Zinyange Auntony/AFP/Getty Images

Incumbent Emmerson Mnangagwa has won Zimbabwe's presidential election, according to results read out moments ago by the country's electoral commission.

The backstory: The election, the first since the end of Robert Mugabe's 38-year reign, had seemed to represent a historic opportunity for the southern African country. It has thus far yielded only anger, fear and violence. The opposition, led by 40-year-old Nelson Chamisa, has already rejected the results, which showed him securing 44% to Mnangagwa's 51%.

Monday's vote proceeded relatively smoothly. Then, order broke down. Al Jazeera's Hamza Mohamed reports from Harare:

  • "On Wednesday, after electoral officials announced that Mnangagwa's ruling ZANU-PF party won most of the parliamentary vote, opposition supporters who claim Monday's poll was rigged took to the streets, burning tires and throwing stones before riot police and the army intervened. Witnesses say soldiers fired live bullets."
  • "Chamisa claimed victory before the release of official results. Meanwhile, Mnangagwa said he was in talks with the opposition to find ways to defuse the situation."

The FT's David Pilling describes the stakes for a country in the grips of a currency crisis, and with not nearly enough jobs to support its well-educated population:

  • "Down one fork, if a clear winner emerges in a poll deemed to pass muster, Zimbabwe could shed its pariah status and be reinstated into the global community. That could mean a restructuring of debt arrears and a potential flood of investment into one of Africa’s most promising economies."
  • Down the other, "lies a progressive falling out with western capitals — although not necessarily with China. Zimbabwe would then hunker back down into an isolationist sulk."

History has loomed over this election — decades of one-party rule, Mnangagwa's role in enforcing Mugabe's repression, ZANU-PF's history of rigging elections. After the most open election Zimbabwe has seen in decades, it remains unclear how much has changed.

Go deeper

Dion Rabouin, author of Markets
35 mins ago - Economy & Business

Biden's inflation danger

Illustration: Sarah Grillo/Axios

President-elect Joe Biden's $1.9 trillion stimulus proposal has economists and bullish market analysts revising their U.S. growth expectations higher, predicting a reflation of the economy in 2021 and possibly more booming returns for risk assets.

Yes, but: Others are warning that what's expected to be reflation could actually show up as inflation, a much less welcome phenomenon.

Ina Fried, author of Login
2 hours ago - Technology

CES was largely irrelevant this year

Illustration: Sarah Grillo/Axios

Forced online by the pandemic and overshadowed by the attack on the Capitol, the 2021 edition of CES was mostly an afterthought as media's attention focused elsewhere.

Why it matters: The consumer electronics trade show is the cornerstone event for the Consumer Technology Association and Las Vegas has been the traditional early-January gathering place for the tech industry.

The FBI is tracing a digital trail to Capitol rioters

Illustration: Sarah Grillo

Capitol rioters, eager to share proof of their efforts with other extremists online, have so far left a digital footprint of at least 140,000 images that is making it easier for federal law enforcement officials to capture and arrest them.

The big picture: Law enforcement's use of digital tracing isn't new, and has long been at the center of fierce battles over privacy and civil liberties. The Capitol siege is opening a fresh front in that debate.