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‘America Is Back’ as G-7 tackles world crises: Weekend Reads

The Covid-19 pandemic and vaccines for poorer nations, climate change, a festering dispute about a post-Brexit trade accord, and the need for a united front toward China and Russia dominated this weekend's Group of Seven meetings on the rugged English coast jutting into the Atlantic.

A renewed commitment to multilateralism was signaled by U.S. President Joe Biden's arrival with his clear message that "America is back." 

Wuhan, the believed center of the Covid-19 outbreak, was back in focus with growing pressure for a new investigation into the origins of the coronavirus and the possibility that it emerged from a local lab. Beijing officials have repeatedly denied that theory.

The apparent victory of a leftist presidential candidate in Peru increased the chances of a significant political swing across Latin America.

Dig deeper into these and other topics with this edition of Weekend Reads. Karl Maier 

Group of Seven leaders in Carbis Bay, U.K. on Friday.

Photographer: Hollie Adams/Bloomberg

Follow our rolling coverage of the G-7 summit here and click here for this week's most compelling political images. Also, tell us how we're doing or what we're missing at balancepower@bloomberg.net.

Pros, a Rookie, a Brexit Man and a New Heavyweight: G-7 Guide
It's been almost two years since the G-7 leaders were able to come together in person. Flavia Krause-Jackson sets the stage for the new set of characters who joined the cast while the doyenne of the group, German Chancellor Angela Merkel, made her last appearance. 

G-7 Poised to Counter China's Effort to Gain Worldwide Influence  Leaders of the G-7 are discussing plans to counter China's effort to win influence around the world and rebuke the country over forced labor practices, Justin Sink reports. On the table is also a coordinated infrastructure initiative for developing countries.

Johnson was responding to a comment by Biden that "we both married way above our station." The prime minister is seeking a post-Brexit trade deal with the U.S.

What the World Wants China to Disclose in Wuhan Lab Leak Probe
The U.S. push for a new probe to determine the origins of the coronavirus — including whether it leaked from a Wuhan lab — raises a key question: What has China failed to disclose? Kwan Wei Kevin Tan and Jason Gale outline the issues a new study should examine.

China's Wolf Warriors Are Turning the World Against Beijing
China's growing power has coincided with a drastic deterioration in public perceptions abroad. As Peter Martin explains, it's Beijing's diplomats, popularly known as "Wolf Warriors," who are doing the most damage to how the country is viewed.

Jailed Kremlin Adviser a Headache for Swiss as Putin Meets Biden
When Biden and Russian President Vladimir Putin meet in Geneva on Wednesday, the summit's Swiss hosts may find themselves caught in a dilemma. Hugo Miller outlines how a Russian IT specialist with ties to the Kremlin sitting in jail in Switzerland and subject to a U.S. extradition request is causing a political headache for the authorities.

Hackers Thrive in Putin's Russia as U.S. Seeks New Strategy
In the past three months, hackers tied to Russia have launched ransomware attacks against a key oil pipeline company and one of the world's largest meat producers. Michael Riley explains how the neighborly relationships some have with Putin's government make it extremely difficult for the U.S. to pursue them.

Harris Finds Political Risk on Migration-Diplomacy Tour
The enormity of U.S. Vice President Kamala Harris's task to curb migration from Central America became clear during a two-day visit to Guatemala and Mexico, Jordan Fabian and Jennifer Epstein write. Her modest offerings of U.S. aid were overshadowed by political attacks back in Washington.

Harris speaks on Monday at the National Palace in Guatemala City. 

Photographer: Daniele Volpe/Bloomberg

GOP, Democrats Trade Places on Drivers Paying for Infrastructure
The debate over how to pay for Biden's infrastructure package has prompted Democrats and Republicans to abandon their traditional positions on certain issues — a change of positions, Keith Laing reports, that has Washington observers scratching their heads.

Draghi Will Find Out If He Has What It Takes to Save Italy's South
Mario Draghi is taking on a challenge that has perplexed every Italian leader for more than a century: to make the nation cohesive from Sicily to the Alps. But, as John Follain and Alessandra Migliaccio report, the banker-turned-prime-minister has cash, experience and a reputation for fixing things.

Japan's Faded Olympic Dream a Stark Contrast to Optimism of 1964
With flames scheduled to rise from the Olympic cauldron in just six weeks, the prospect of staging the Tokyo games is still firing up public angst rather than the optimism it did in 1964. Yuko Takeo reports that as the start date nears, there are signs that strong opposition to holding the games among Japanese is beginning to ease.

Florida's Trump Coast Is the Beating Heart of Republican Party
Since leaving Washington in January, Donald Trump spends the bulk of his post-presidency holed up in what Karl Rove calls his "Fortress of Solitude" — Mar‑a‑Lago, his private club in Palm Beach. There, Joshua Green reports, at every moment of his day, Trump is bathed in adulation.

A Memorial Day boat parade in nearby Jupiter.

Photographer: Bryan Cereijo for Bloomberg Businessweek

The Future of Power Is Transcontinental, Submarine Supergrids
Chinese President Xi Jinping's pitch to the United Nations six years ago for a "global energy internet" with high voltage highways as its backbone hasn't gone very far. Yet, as Marc Champion writes, the increased need for long-distance transmission spurred by the race to replace fossil fuels with green energy is driving renewed interest in supergrids.

Inequality Legacy Haunts South Africa's Vaccine Rollout Plan
South Africa's Covid-19 vaccine rollout has run for just over three weeks, but efforts to inoculate two-thirds of the population this year are being hampered by a long-standing challenge: inequality. John Bowker and Khuleko Siwele explain.

Haiti Is the Only Country in Western Hemisphere Without Vaccines
The poorest nation in the Western hemisphere, Haiti has earned another grim distinction, Jim Wyss writes. It's the only one that hasn't vaccinated a single resident against Covid-19.

And finally … The apparent electoral win in Peru of Marxist candidate Pedro Castillo signals a potential far-reaching shift in a region ravaged by Covid-19 and filled with fury at ruling elites. As Ethan Bronner reports, Latin America faces the onset of what could resemble the "pink tide" kicked off by Venezuela's 1998 election of Hugo Chávez.

Castillo waves to supporters in Lima on Thursday.

Photographer: Miguel Yovera/Bloomberg

 

 

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