Argentina Teeters, Protests Rage, Glaciers Melt: Weekend Reads

Ruth Pollard
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Argentina Teeters, Protests Rage, Glaciers Melt: Weekend Reads

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Argentina is teetering on the edge of an economic abyss while its neighbor Chile is watching its glaciers melt at an alarming rate, and China is massing its troops on the border with Hong Kong.

Dive into these and other stories that chronicle the week’s major political events with the latest edition of Weekend Reads. 

What Life at Center of Chaos Looks Like for Argentine BusinessesAfter two sovereign defaults this century, small business owners in Argentina are well versed in navigating times of crisis. But even they were left floundering by the latest rout. With presidential elections still 10 weeks away, they were left wondering how much worse it can get. Jonathan Gilbert, Jorgelina do Rosario and Patrick Gillespie report.

Macron’s Quiet Summer May Turn to Anger as Voters Return to WorkPresident Emmanuel Macron has spent three weeks in the Cote d’Azur, south of France, alternating between the beach and preparing for a delicate G-7 summit on Aug. 24. While Macron himself doesn’t face voters until 2022, Gregory Viscusi reports any turbulence would be an unwelcome backdrop for local elections that are essential for developing his three-year-old party.

Xi’s Dilemma: Send Forces Into Hong Kong, or Wait Out ProtestersThere’s signs China is preparing to mobilize mainland forces to quell the weeks-long uprising in Hong Kong. The question now is whether President Xi Jinping will actually do it. The protesters, meanwhile, have raised the stakes with actions to inflict economic pain as they push for leader Carrie Lam’s resignation and other demands to loosen Beijing’s grip on the city.

Hong Kong’s Massive Protests Raise Ominous Questions About 2047When the U.K. agreed to return Hong Kong to China, “One country, two systems,” was shorthand for Beijing’s pledge to maintain the city’s character for 50 years — and the possibility that by the time 2047 rolled around, the systems would have converged. But as Matthew Campbell reports, that’s now unlikely.

It’s Democracy vs. the Hackers as the 2020 Election ApproachesThe front line to protect the integrity of the U.S. presidential election is in a Springfield strip mall, next to a Chuck E. Cheese’s restaurant. As Kartikay Mehrotra and Alyza Sebenius report, it’s there that a couple dozen bureaucrats, programmers, and security experts are working to prevent a replay of 2016, when Russian hackers breached voter registration rolls.

Protests Pop Up Across Russia as Putin’s Popularity, Economy DipYevgeny Dubinin had never been to a demonstration before. But he was so angry authorities had refused to register opposition candidates in Moscow’s city council election that he couldn’t sit at home. The protest-arrest cycle represents the biggest public challenge to Vladimir Putin’s two-decade rule since in 2012, Irina Reznik and Ilya Arkhipov write..

Where America Flirted With Its Own ChernobylThe Three Mile Island accident four decades ago turned the U.S. against nuclear energy. Now the complex is closing just as some say it still has a role to play, writes Will Wade. Today, nuclear energy is at the center of a complicated debate — while cheap gas has upended the economics of operating reactors, questions about whether to shut one down involve more than the bottom line.

Gaza Needs Cement to Rebuild, But Israel Dominates the MarketGaza needs concrete, and lots of it. In the 2014 war, some 11,000 housing units were destroyed, and an additional 160,000 sustained damage — affecting more than a quarter of the families in the territory. As David Rocks and Yaacov Benmeleh write, Israeli-Palestinian politics have hampered the pace of recovery.

The Walls Are Closing In on Cyril RamaphosaWhen Cyril Ramaphosa succeeded Jacob Zuma as South Africa’s president, he promised a “new dawn” after nine years of misrule that hobbled the economy. But as Michael Cohen reports, 18 months later, hopes have dissipated that the former labor union leader can orchestrate a turnaround.

Modi Has Limited Options to Boost Economy in Locked Down KashmirPrime Minister Narendra Modi says his move to revoke Kashmir’s autonomy is about boosting its economy. But as Archana Chaudhary and Bibhudatta Pradhan report, observers say it will take more than rhetoric to bring investments to a state that’s lost more than 42,000 lives to conflict in the last three decades.

And finally … Chile has one of the world’s largest reserves of fresh water outside the north and south poles. But its abundant glaciers are melting fast, with the ice mass now retreating one meter per year, Laura Millan Lombrana reports. The formations also happen to cover some of the massive copper deposits that make Chile the world’s largest producer of the metal — and uncovering those minerals also threatens to hasten the glaciers’ demise.

 

To contact the author of this story: Ruth Pollard in New Delhi at rpollard2@bloomberg.net

To contact the editor responsible for this story: Kathleen Hunter at khunter9@bloomberg.net

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