07 June 2024

Daily Newsletter

Russian Warships to Arrive in Cuba Next Week

The Facts

  • A group of Russian naval ships — including the nuclear-powered submarine Kazan — will make a port call to Havana next week, Cuba's Ministry of the Revolutionary Armed Forces said.

  • The Kazan and three other Russian vessels — none of them equipped with nuclear weapons — will reportedly visit the port of Havana between June 12 and 17.


The Spin

Anti-Russia narrative

It's not the first time that Russian warships are visiting Cuba, nor do the naval exercises pose an immediate threat. Moscow's primary goal is to prove that it's still capable of projecting its military power globally, and its failure to notify the US of the drills proves its hostile geopolitical posture. However, Moscow's aging fleet, already struggling to maintain operational readiness and conduct deployments, reveals that Russia is overestimating itself in its expansionist policy.

Pro-Russia narrative

The Russian military drills are, first and foremost, a testament to the traditionally close and friendly Russia-Cuba ties. It would be ironic for the US to exaggerate the maneuvers, as it's the US that deploys its military around the globe at will to protect its so-called "rules-based order." Although the warships' presence poses no threat to the US, it's a powerful reminder that the world has entered a multipolar age and that the US, with its proxy wars, has never been more vulnerable.

Nerd narrative

There's a 9% chance that there will be a US-Russia war before 2050, according to the Metaculus prediction community.

See sources

South Korea: Samsung Electronics Union Calls First-Ever Strike

The Facts

  • South Korean chipmaking behemoth Samsung Electronics on Friday witnessed a large section of its workers staging a walkout for the first time in its 55-year history.

  • The National Samsung Electronics Union (NSEU) — which has around 28K members, 20% of the company's total workforce in the country — said the one-day protest was for better pay.


The Spin

Narrative A

Samsung Electronics has long been regarded as one of the world's best employers. Employees have often praised it for a range of things, from talent development to work-life balance. The chipmaker has consistently improved its working environment and corporate culture, fostering high employee satisfaction. The current strike must be viewed in this context and deemed a temporary blip.

Narrative B

Beyond the global fawning over Samsung Electronics' supposed showering of largesse over its workers lies a dark reality The company's workers face challenging conditions, as reflected in the death of an employee in Vietnam in 2016, which raised concerns about overwork and toxic exposure. The workers striking now in South Korea indeed have legitimate concerns.

Nerd narrative

There's a 24% chance that a Chinese firm order over 20K US or US-allied AI chips before 2027, according to the Metaculus prediction community.

See sources

Biden and Macron Use D-Day to Rally Support for Ukraine

The Facts

  • Veterans and world leaders on Thursday commemorated the 80th anniversary of the Normandy landings in France, the 1944 effort in which 150K Allied troops invaded France by land and sea in order to drive out the occupying Nazi forces.

  • US Pres. Joe Biden and French counterpart Emmanuel Macron both honored the soldiers who took in the World War II offensive in speeches at Omaha Beach. Both also used their addresses to liken the Allied war effort to Ukraine's current war with Russia.


The Spin

Pro-establishment narrative

US Pres. Joe Biden and Emmanuel Macron were right to invoke the memory of the Allied defeat of totalitarianism in World War II. Ukraine is fighting the same fight and it needed to be made clear that they will not face Russia alone.

Pro-Russia narrative

Arrogant Western elites are trying to erase the Soviet contributions to World War II from the history books. D-Day would not have been possible without the sacrifice of at least 25M Russian troops whose army went on to hand several defeats to the Germans before that fateful day in 1944.

Nerd narrative

There's a 40% chance that the next Russian leader will disapprove of the Russian invasion of Ukraine, according to the Metaculus prediction community.

See sources

UK Tech Mogul Acquitted in US Court

The Facts

  • British tech tycoon Mike Lynch, who founded the data analytics software company Autonomy, was acquitted Thursday in a US federal court on 15 fraud charges. He was accused of illegally inflating Autonomy's revenue before selling it to Hewlett-Packard (HP) for $11B in 2011.

  • The jury found Lynch not guilty on one charge of conspiracy and 14 counts of wire fraud. The trial was part of a years-long legal battle that began when HP downgraded Autonomy's value to $8.8B within a year of the sale.


The Spin

Narrative A

This acquittal shows why the UK-US extradition treaty needs reform. Since the treaty's signing in 2003, which was meant to target murderers, terrorists, and pedophiles, the vast majority of British citizens sent to America to stand trial have been non-violent, white-collar suspects. A mere accusation of non-violent offenses — without a warrant, for that matter — should not be the basis to send Britons across the ocean and into the hands of foreign prosecutors.

Narrative B

Opponents of the extradition treaty act as if it unfairly advantages the US, but that's neither true legally nor in practice. The "reasonable suspicion" requirement for the US and the "probable cause" requirement for the UK may sound unfair, but both countries have equal power to make and refuse requests. Depending on the year in question, the UK has also refused numerous US requests while Washington accepts nearly every one from its British counterparts.

Nerd narrative

There is a 50% chance that Julian Assange will not be extradited to the US on or before Jan.1, 2025, according to the Metaculus prediction community.

See sources

Report: Previous Negotiations Over Rafah Crossing Failed

The Facts

  • Axios reported on Friday that negotiations regarding the Rafah Crossing into Gaza — and who will control it — failed last week. Israel has said that neither Hamas nor the Palestinian Authority (PA), which partially controls the West Bank, can run the crossing.

  • Israel said Palestinians affiliated with the PA's ruling Fatah party would be eligible, but that they couldn't work as representatives of the PA. Israel also reportedly proposed that vetted Palestinians could form "a local civilian committee," but the idea was rejected by Egypt and the PA.


The Spin

Pro-establishment narrative

Though the Palestinian Authority is by no means perfect, since the end of the Second Intifada in the mid-2000s, the PA has been able to maintain a relative calm in the West Bank that has ultimately worked in Israel's favor. That stability has been threatened, however, by extremists in the Israeli government who want to annex the entire West Bank. Israel's security would be directly threatened by a power vacuum, and it must make sure the PA's collapse is avoided.

Pro-Israel narrative

Though the US may believe that it can force the PA to "reform," the reality is the PA is simply not a partner for peace. Like Hamas, the PA supports the destruction of Israel and lacks democratic legitimacy. The PA would be incapable of demilitarizing Gaza or deradicalizing its population — meaning that the chance that an attack like Oct. 7 could happen again remains. Indeed, Israel may as well let Hamas stay in power if it's truly considering allowing the PA to take over Gaza the day after the war.

Pro-Palestine narrative

The great irony of the debate regarding the PA is that Palestinians, especially in the occupied West Bank, by and large, see the political body as an extension of Israel's occupation. Mahmoud Abbas and his lame-duck administration in Ramallah are deeply unpopular, and Palestinians simply do not want to be governed by the PA. The US must realize that it cannot force Palestinians to support the PA, and it will have to be more creative if it wants to set the conditions advantageous to ending this conflict.

Nerd narrative

There's a 1% chance that the Palestinian Authority/Fatah will have de facto power in the Gaza Strip on Jan. 1, 2025, according to the Metaculus prediction community.

See sources

Tokyo Plans Dating App Rollout Amid Population Slide

The Facts

  • In a rare initiative by a local government in Japan, Tokyo is launching a fee-based dating app this summer to boost marriage rates and combat low birth rates. Tokyo has allocated 200M yen ($1.2M) for this app and other matchmaking efforts.

  • Tokyo Metropolitan Government officials Tuesday said app users must prove their single status, willingness to marry, and annual incomes via a tax certificate. Approval is also contingent on an interview to prove the user's identity.


The Spin

Narrative A

Japan's birth rate hit a record low for the eighth consecutive year in 2023 at 1.20 — far below the 2.1 needed for demographic stability. Economic stress and work-life balance challenges are contributing factors. With the world's oldest population, Japan is enhancing parental support through financial aid, childcare access, and expanded parental leave. The Tokyo city government's dating app plan is an urgent attempt to address a serious population crunch.

Narrative B

Japan's low birth rates, like in other nations such as China and South Korea, are a result of rising longevity and personal freedoms, besides economic factors. Japan's aging population and shrinking workforce present challenges, yet its emphasis on education, health, and women's empowerment reflects progress. Population decline may ultimately reduce ecological footprints and promote peace — requiring adaptable and thoughtful policies over ones driven by demographic panic.

Nerd narrative

There is a 50% chance that the lowest number of annual births in Japan through the year 2100 will be at least 576.4K, according to the Metaculus prediction community.

See sources

Hunter Biden Case: Pres. Biden Rules Out Pardon

The Facts

  • In an interview with ABC News, Pres. Joe Biden said that he would accept the outcome of his son Hunter Biden's felony gun trial in Delaware and ruled out pardoning him if he were to be convicted.

  • Hunter Biden is charged with purchasing and possessing a gun during his addiction to illegal drugs — with his crack cocaine and alcohol use being a centerpiece of the case. He has pled not guilty to the charges.


The Spin

Democratic narrative

Pres. Biden has shown himself to be a leader who truly respects the country and the values for which it stands. Even though these dubious charges were brought by a Trump-appointed special counsel, he has steadfastly refused to consider pardoning his son and has refrained from commenting on the trial. This is a stark contrast with Trump's undignified mob boss tactics of intimidation and denial.

Republican narrative

Given how cut-and-dry the facts in Hunter's trial seem to be, this is hardly a grand pronouncement, as the public would object to such a blatant injustice in what seems like an open-and-shut case. The same can't be said about the overblown and politically motivated charges that Trump has faced at the hands of left-leaning prosecutors. There is no equivalency between the charges Hunter and Trump are facing.

Nerd narrative

There is a 49% chance that Joe Biden will be elected in the 2024 US presidential election, according to the Metaculus prediction community.

See sources

Yemen: Houthis Reportedly Detain UN Workers

The Facts

  • A spokesperson for the United Nations said on Friday that Houthi security forces have detained Yemeni staff, two women and nine men, from five different agencies and the office of its special envoy over the past three days under unclear circumstances.

  • Earlier, officials from the internationally recognized Yemeni government said that Houthi intelligence had detained at least nine UN employees and six members of two other organizations — a human rights group and the National Democratic Institute — in raids on homes and offices.


The Spin

Pro-establishment narrative

The Houthis have long miscalculated the potential benefits of their terrorist activities. From their years-long civil war — which has cost Yemeni lives dearly while Iran faces little impact — to attacking aid workers and cargo ships, the world has grown no closer to recognizing them. Despite Western forces backing down militarily, so long as Houthi attacks on civilians continue, economic sanctions will remain. Yemen's ability to rebuild and prosper is now solely in Houthi hands.

Establishment-critical narrative

The Houthi movement began as a fight against America's post-9/11 killing of millions of Arabs and continues in response to Israel's genocide in Gaza. The Houthis have never blamed, nor attacked Western people but rather western governments like the US and UK. Since 2019, even US allies Saudi Arabia and the United Arab Emirates have sought peace, but Washington has hindered such efforts every step of the way.

Nerd narrative

There is a 50% chance that Yemen will no longer be classified as in a state of civil war by January 2028, according to the Metaculus prediction community.

See sources

Biden Campaign Hires Former GOP Staffer for Outreach Role

The Facts

  • US Pres. Joe Biden's campaign announced Thursday that it had hired Austin Weatherford, a former GOP staffer, as National Republican Engagement Director in order to reach out to non-Democrat voters who are undecided about supporting former Pres. Donald Trump.

  • Weatherford was chief of staff to former Illinois GOP Rep. Adam Kinzinger, who is prominently known for his anti-Trump stances and for serving on the House committee that investigated the Jan. 6, 2021, riots at the US Capitol.


The Spin

Democratic narrative

With Trump showing little interest in reaching out to independents and Haley voters, the Biden campaign is smart to target those people to give it a bigger shot at pulling ahead in this close election. There are people of every political persuasion who see Trump as an existential threat to the country, and that alone should bring them together to support Biden's reelection efforts.

Republican narrative

A shared hatred of Trump is no reason for Republicans to turn their back on their cause and vote for a Democratic president who offers nothing in terms of conservative policies. Biden is inept in terms of foreign policy, and he's conceded nothing to Republicans related to the economy or immigration. Republicans who want to win and see their worldview represented will be wise to stick with Trump.

Nerd narrative

There's a 53% chance that Trump will be elected US president in 2024, according to the Metaculus prediction community.

See sources

Trump Campaign Raises $12M in California

The Facts

  • Former US Pres. Donald Trump, the presumptive Republican presidential nominee for this year's election, reportedly raised $12M at a San Francisco event hosted by two tech venture capitalists on Thursday.

  • Venture capitalists David Sacks and Chamath Palihapitiya hosted the reception and dinner at Sacks's Pacific Heights mansion, where top tickets cost $500K per couple. Several crypto investors and executives from crypto exchanges were among the sold-out crowd.


The Spin

Pro-Trump narrative

It's impossible for tech entrepreneurs and executives to support Biden, and others should consider the ramifications if Trump doesn't defeat the incumbent president. Biden's administration wants to overtax those who've achieved the most in the US, and his agencies want to impose oppressive regulations on industry. There's no one else worth backing but Trump.

Anti-Trump narrative

It's no surprise that today's tech moguls — most of whom are white, male, and rich — would get behind the candidate who not only looks and thinks most like them, but will do what he can to fight against the diversity efforts they oppose and Democrats embrace. What's good for Silicon Valley, however, isn't always good for the US as a whole.

Nerd narrative

There's a 50% chance that the Republican Party will receive at least 46.9% of the popular vote in the 2024 US presidential election, according to the Metaculus prediction community.

See sources

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