21 May 2024

Daily Newsletter

Voting Falls in Phase 5 of India Elections to 60.3%

The Facts

  • Phase 5 of the Indian elections yesterday saw a 60.3% voter turnout, down from 62.5% in 2019, with polling now completed in 428 parliamentary seats.

  • This phase had the fewest — 49 of the 543 seats in Lok Sabha, India's lower House of parliament — constituencies voting with 89.5M eligible voters.


The Spin

Narrative A

India's vast size and complex logistics require extended election durations. The current election, the second longest, spans 39 days with seven voting phases from April 19 to June 1. With 969M registered voters — including 18M first-timers and 197 million in their 20s — India’s electorate exceeds the population of the EU's member states. Voting duration has varied historically, taking four months in 1952 and four days in 1980.

Narrative B

The extended election campaign favors Prime Minister Narendra Modi, giving him more time to campaign and leveraging his party's better funding. "Digital India," India's much-vaunted program proclaiming its tech prowess, could expedite the process. However, the protracted voting period benefits Modi, enabling him to travel and campaign more, particularly in states where his party, the BJP, faces strong opposition. This has significant political implications.

Nerd narrative

There is a 2% chance that India will experience a successful coup d'etat before 2040, according to the Metaculus prediction community.

See sources

Report: US, Saudi Near Historic Defense Pact

The Facts

  • The White House announced Monday that US National Security Adviser Jake Sullivan has made significant progress in talks with Saudi Crown Prince Mohammed bin Salman Al Saud and other Saudi officials over a bilateral defense agreement.

  • Following Sunday's meeting between Sullivan and the Gulf kingdom's de facto ruler, White House national security spokesperson John Kirby said both countries are "closer than we've ever been" on a pact.


The Spin

Pro-establishment narrative

That the US-Saudi talks on a security agreement that includes the normalization of Israeli ties reached a near-final stage is a major coup for US diplomacy. By reducing its demand for a two-state solution to a "credible path," Riyadh bolstered its role in settling the Gaza war, while Washington prevented the conflict from escalating through talks with Iran. With its impressive comeback in the Middle East, the US now has a unique opportunity to establish regional peace and stability.

Establishment-critical narrative

For months, the US sought to lure Saudi Arabia with a security deal to make them sign a peace agreement with Israel. Washington reckons that such a trilateral pact will thwart both the Palestinians' quest for an independent state and the rapprochement between the Saudis and Iran. They are wrong, however, since the Arab public firmly rejects such a betrayal of the Palestinian cause and will rise against any government that dares to normalize ties with the Israeli regime.

Narrative C

It's a smart move by the Saudis to keep the US engaged in talks about boosting its deterrence capability and normalizing its Israel ties. Following the UAE's example, Riyadh aims to counter Iran's growing influence without openly opposing Tehran. By potentially normalizing its relations with Israel, Riyadh is pursuing a strategy of containment and engagement with Tehran.

Nerd narrative

There's a 13% chance that Saudi Arabia will establish diplomatic relations with Israel before Jan. 20, 2025, according to the Metaculus prediction community.

See sources

EU's AI Act Gets Final Approval

Photo: Unsplash

The Facts

  • The EU's Artificial Intelligence (AI) Act will officially take effect next month after the bloc's member countries voted Tuesday in favor of a December deal to approve legislation drafted by the European Commission.

  • The European Council's approval means the law will begin to come into force in 20 days, with phased implementation taking over two years to complete.


The Spin

Narrative A

Once again, the EU has set world-leading regulatory standards, acting quickly and in unison in a unique manner within international politics. Though the EU’s AI regulation may not become a universal model, it provides a commendable framework for other governments to work toward. Despite critiques and challenges, the EU leads in methodically addressing AI's risks and benefits.

Narrative B

While a step in the right direction, the EU's AI Act contains limitations that must be addressed. Despite some successes, the legislation offers exemptions to industries both in the private and public sectors that are most in need of restriction and scrutiny. For now, if the law is to succeed and European democracy is to be protected, close coordination with civil society and human rights experts is a necessity.

Narrative C

EU lawmakers have chosen to stifle the innovation of technology they do not understand. Despite good intentions, governmental AI regulation is dependent on a level of knowledge that EU bureaucrats lack, and it is likely that the law will only become a detriment to the bloc's future success.

Nerd narrative

There is a 50% chance that by November 2026, AIs will program programs that can program AIs, according to the Metaculus prediction community.

See sources

Russia Masses Troops Near Another Border Region of Ukraine

The Facts

  • Russia has amassed an estimated 9-10K troops in the region of Kursk near Ukraine's border, Ukrainian officials and military observers said on Tuesday — signaling that Russia may be preparing to launch an assault on the Sumy region of Ukraine.

  • On May 10, following similar warnings of troop build-ups, Russia opened up a new front in the war by launching a cross-border offensive into Ukraine's northeastern Kharkiv region. It has since captured a number of villages and settlements there.


The Spin

Pro-Ukraine narrative

These Russian groupings of troops are limited, understaffed, and disjointed therefore it's unlikely they will make serious advances. However, their presence extends the frontline further so Ukraine needs to be prepared to handle this development.

Pro-Russia narrative

With Ukraine's Western partners providing it with long-range weapons that have an increased range, it was necessary for Russia to create this buffer zone inside Ukrainian territory so that it could keep Russian citizens safe.

Nerd narrative

There's a 3% chance there will be a bilateral cease-fire or peace agreement in the Russo-Ukraine conflict in 2024, according to the Metaculus prediction community.

See sources

Report: Israel to Scale Back Rafah Offensive

The Facts

  • A Washington Post columnist claimed on Monday that Israel would scale back its operations in Rafah in line with US expectations, saying that behind-the-scene talks point to a more constrained campaign with plans to send two divisions into the city put on hold.

  • This comes as the main UN agency for Palestinian refugees (UNRWA) reported that as of Saturday, more than 800K people have been displaced from Rafah since Israeli forces launched its offensive on May 6.


The Spin

Pro-establishment narrative

It is simply undeniable that the war in Gaza has taken a terrible toll on its population, and the US is committed to alleviating that suffering. Nonetheless, baseless accusations are unhelpful and may even jeopardize negotiations for a cease-fire. The US has managed to leverage its position to improve the situation, and Israel has worked toward addressing US concerns.

Pro-Israel narrative

In contrast to the cynical predictions made by US politicians, Israel has been quite successful in limiting civilian casualties in Rafah. War is never pretty, and Israel has tried its best to reduce the suffering of Palestinian civilians. However, now it seems that, due to all the delays caused by US misgivings, Hamas elements in Rafah may have already disappeared among the civilian population.

Pro-Palestine narrative

After over seven months of non-stop brutality, the situation in Gaza continues to worsen. The US has simply failed to reel Netanyahu in, and over 35K Palestinians are dead because of it. Indeed, Israeli attempts to evacuate Rafah have forced almost 1M people into even worse conditions. Israeli crimes keep stacking up, yet the international community and the US refuse to do anything meaningful to stop the carnage.

Nerd narrative

There's a 96% chance that the International Criminal Court will bring charges against Benjamin Netanyahu before 2026, according to the Metaculus prediction community.

See sources

Trump Media Reports $327M Net Loss

The Facts

  • In its earnings report published on Monday, Truth Social parent company Trump Media & Technology Group (TMTG) showed it lost $327.6M and earned $770,500 in revenue from advertising in the first quarter of 2024.

  • Former US Pres. Donald Trump's company's revenue dipped from the $1.1M it took in during the first quarter a year ago. TMTG chalked up half of its $12.1M operating loss to costs related to its merger prior to going public.


The Spin

Pro-Trump narrative

TMTG is on the right track. The costs associated with its merger are in the rearview mirror, and the company is looking forward to adding a live TV streaming platform to its successful social media site, Truth Social. TMTG has a vast shareholder base led by legions of retail investors, and it'd be a great idea for others to get on board.

Anti-Trump narrative

This revenue report must raise questions about the multi-billion-dollar valuation of this company. That's unprecedented in a situation like this, as it seems to be based solely on investor trust that things will improve. Without TMTG releasing user metrics, this report gives little reason to believe the company will turn the corner.

Nerd narrative

There's a 50% chance that the highest closing price of TMTG stock any day before the 2024 US presidential election will be at least $67.9, according to the Metaculus prediction community.

See sources

Defense Rests Case in Trump NY 'Hush Money' Trial

The Facts

  • Former US Pres. Donald Trump chose not to testify in his hush-money trial Tuesday, with his defense team resting its case. The jury is expected to return in a week for closing arguments and then begin deliberating.

  • Before resting its case on Monday, the prosecution called upon former Trump legal advisor Michael Cohen, who testified that he was "reimbursed $420,000" for the $130K he paid to Stormy Daniels to keep her quiet about an alleged affair she had with Trump.


The Spin

Pro-Trump narrative

If this case were brought in any other district it would've been thrown out immediately, but Judge Merchan is a loyal Democratic activist. While allowing Cohen to make unethical claims about campaign finance violations on the one hand, Merchan has become visibly perturbed when listening to Costello completely dismantle Cohen's testimony. Hopefully, the jury will see through Merchan's bias and conclude that Cohen is a criminal trying to smear Trump to save himself.

Anti-Trump narrative

The prosecution is clearly winning, so the only saving grace Trump has now is knowing he can delay his likely prison time through appeals. While team Trump whines about a so-called corrupt court, they're ignoring the fact that he's been incredibly lucky regarding the delays in all the other cases against him that are currently awaiting trial. The American people may be tired of hearing about these court cases, but they should remain focused until Trump is finally in prison.

Nerd narrative

There is a 50% chance that Donald Trump will be convicted of a felony before the 2024 presidential election, according to the Metaculus prediction community.

See sources

Russian Missile Scientist Sentenced to 14 Years

The Facts

  • A Russian court Tuesday sentenced physicist Anatoly Maslov to 14 years in prison after finding him guilty of sharing secret information related to Russia's hypersonic missile program with Germany.

  • Two of Maslov's colleagues, Alexander Shiplyuk and Valery Zvegintsev, have also been charged with treason. Meanwhile, Maslov denies the charge.


The Spin

Anti-Russia narrative

Imprisoning these scientists on trumped-up charges is unacceptable. Clearly, Russia is paranoid and attempting to safeguard its technological advantage regardless of its violations of human rights. Russian scientists must be careful working with other countries while Putin remains in power.

Pro-Russia narrative

Russia is facing grave security risks in this time of war and it can't let its defenses down. If these scientists were found guilty of treason, they must be held accountable, and the security agencies must continue working to weed out traitors. Other nations should stay out of Russia's business.

See sources

Passenger Dies After London-Singapore Flight Hits Turbulence

The Facts

  • A British man, aged 73, has died from a suspected cardiac arrest after a Singapore Airlines flight from London's Heathrow to Singapore encountered "sudden extreme turbulence" on Tuesday.

  • The pilot declared a medical emergency and diverted the Boeing 777-300ER to Bangkok's Suvarnabhumi International Airport, landing about 10 hours after its departure.


The Spin

Narrative A

Turbulence-related deaths may be extremely rare, but this tragic mid-air incident must serve as a warning that severe clean-air turbulence has become more frequent and intense with climate change. As the atmosphere warms, the skies get bumpier. If climate change continues, air travel will become costlier and more dangerous.

Narrative B

Climate change has long been a general scapegoat for mainstream media outlets, so it's hardly a surprise that they have quickly jumped to use the tragic death of an elderly passenger from a heart attack during this flight turbulence to support their bad faith alarmism. Climate change does not aggravate turbulence on flights.

Nerd narrative

There's a 15% chance that there will be a commercial service to travel between London and New York City in under three hours before 2030, according to the Metaculus prediction community.

See sources

Yale Graduates Stage Pro-Palestine Walkout

The Facts

  • At least 150 graduates walked out in protest during Yale University's commencement ceremony Monday, leaving the courtyard of the school's Old Campus as part of their efforts to show support for Palestinian people in the Gaza Strip during Israel's war with Hamas.

  • The walkout started when Yale president Peter Salovey began announcing the candidates for degrees in front of thousands of graduates.


The Spin

Progressive narrative

It's great to see these students becoming politically active and having their voices heard. The Yale protesters can take heart that at other campuses across the US, administrators have begun to negotiate with students and the protests are proving successful.

Conservative narrative

Attendees of elite institutions like Yale may want to get out of their left-leaning academic bubble and really look at what their protests are saying. Some of these protesters have come out in support of Hamas, a terrorist organization with a history of mistreating its own people.

Nerd narrative

There's a 50% chance that Palestine will become a full UN member state by November 2062, according to the Metaculus prediction community.

See sources

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