The World Economic Forum: Party or Policy?
This meeting of hundreds of the world’s most powerful celebrities, bankers, CEOs, entrepreneurs, and economists took place over 4 days starting January 20th in the majestic city of Davos in the Swiss Alps. The declared mission of the WEF this year was “Improving the State of the World.” Over 320 representatives from BRICs countries (i.e. Brazil, Russia, India, and China) were in attendance, signifying the increasingly important role developing countries are playing in world production. Unfortunately, strong decisions regarding China’s recent slump could not be made, as this year no high-ranking Chinese leaders were in attendance.
Notably, just a few days before the Forum met, Oxfam published its yearly Study of Inequality. The report revealed that the 62 richest people in the world have the same amount of wealth as the over 3.5 billion poorest 50% of the world. Five years ago, 388 of the richest were needed to reach that mark. Pointedly published just before the forum began, it’s an indication that the wealth gap is expanding exponentially.
While some see the World Economic Forum as an important collaboration and concentration of pioneers and industry leaders in a neutral European country, others suspect the attendees just turn up for the skiing, discounts on Swiss watches, and the free chocolate and cheese they are undoubtedly gifted. Go figure.
The Zika Virus and Guillain-Barré Syndrome
A virus spreading mostly in Central and South American countries through mosquitoes has been linked to brain damage in infants that are born with exceptionally small heads. In the past year, there have been almost 4,000 cases of the Zika Virus reported in Brazil alone.
While it has not been proven beyond doubt, there is strong evidence that the Zika Virus also drastically increases the chances of developing the Guillain-Barré syndrome, an extremely dangerous condition where patients can remain paralyzed and on life support for weeks at a time.
There is also evidence that the Zika Virus may be transmitted through sex, a possibility that has many experts worried. Health services are advising pregnant women against traveling to Latin America to avoid the Baby catching the Zika Virus, and in El Salvador the government has urged women to avoid pregnancy until 2018.
Readers are also advised against referring to victims of the Zika virus as “pinheads.”
Crisis in the ‘Stans
Since the breakup of the Soviet Union, the rickety and repressive nations of Central Asia have relied primarily on Russia’s relative prosperity to remain stable, with migrant workers in Russia sending home earnings for their families. However, at the moment Russia’s economy is stalling, and it’s dragging Tajikistan, Uzbekistan, Kyrgyzstan, Turkmenistan, and Kazakhstan with it. Experts predict that their relative economies will hit rock-bottom in 2016, and at that point any significant negative event could spell the beginning of violent revolutions over the region.
Russia’s economy is slowing down due to US sanctions, Russian counter-sanctions, and the general slowdown of world markets. The Foreign Policy Magazine’s commentary on this issue can be found here.
Officials were quoted as saying “It’s time to take a ‘stan.”
Syrian peace talks are barely getting off the ground. Secretary of State John Kerry to opposition: “It’s time to get Syrious.”
Disagreements over representatives are preventing the peace talks planned to end the almost 5-year Syrian civil war. This is the third time diplomatic solutions have been attempted since the war began in 2011. The death toll of the conflict is over 250,000 and is one of the major causes of Europe’s refugee crisis. The peace talks have been rescheduled for this Friday, but the representatives for the opposition have yet to be announced, at least publicly.
And no, Kerry didn’t actually say that.
Notable
Terror attacks in Cameroon, Pakistan, and Turkey
In Cameroon, 25 people were killed when 3 suspected Boko Haram bombers set off suicide bombs in a marketplace. The Boko Haram terrorist group declared its allegiance to ISIS in 2015. More here. Additionally, on the 20th attackers affiliated with the Pakistani Taliban stormed the Bacha Khan University near Peshawar, Pakistan, killing 22 people. Finally, 10 tourists were left dead in Istanbul, Turkey, when a single ISIS terrorist set off a suicide vest in the centrally-located Sultanahmet Square.
Hey there, hot stuff.
The National Centers for Environmental Information reported recently that 2015 was the hottest year on historical record (est. 1880). Additionally in the extended report, the Center asserted that the year beat records as the largest margin of temperature increase ever (Up 1.62°F)
Hangover-Free Alcohol? What more could you ask for?
University students, rejoice. North Korea’s Pyongyang Times recently asserted that the nation has invented a beverage with an alcohol content of between 30 and 40 percent. It further claims that this miracle drink, made mostly with ginseng and rice and called Koryo, can be consumed with a reduced risk of a hangover. It also “exudes national flavor,” which I infer is a good thing. Additionally, the ginseng used in the production is claimed to cure Ebola, AIDS, and cancer. If this miraculous refreshment isn’t enough to welcome North Korea with open arms, what is? Welcome to the (communist) party.