Easing anxiety | Prime Minister Boris Johnson's decision to ease coronavirus restrictions is fueling worry that a surge in infections will strain hospitals and undermine Britain's economic recovery. Doctors are warning that the fresh toll of the pandemic will overburden an already beleaguered National Health Service that's struggling to clear a large backlog of other operations, while economists expect a dip in consumer confidence. Fringe theory | U.S. Federal Bureau of Investigation Director Christopher Wray and other top national security officials are on alert over the risk of renewed violence by Trump supporters. As Chris Strohm explains, the concern stems from a baseless prediction circulating on social media from conspiracy theorists like QAnon adherents that Trump will be reinstated as president as soon as next month. Taiwan tensions | Japan for the first time referred to the importance of stability around Taiwan in its annual defense report, ratcheting up concerns over an issue that's been a flashpoint in tensions between China and the U.S. The wording is set to increase friction between the two biggest economies in Asia after Deputy Prime Minister Taro Aso said Japan and the U.S. would have to defend Taiwan together in the event of a major problem. White House officials are discussing proposals for a digital trade pact covering the Indo-Pacific area as they seek ways to check China's influence. The policy would represent an effort from Biden to present a plan for the region after Trump withdrew from talks for the Trans-Pacific Partnership trade deal in 2017. Best of Bloomberg OpinionLooting blow | Some of the most violent protests in post-apartheid South Africa have dealt a body blow to efforts to rebuild its economy and pose the sternest test yet to President Cyril Ramaphosa's authority. The army has been deployed to help quell widespread looting and social unrest that followed ex-leader Jacob Zuma's imprisonment on contempt charges. Power hungry | Bitcoin miners crowded into a hotel in western China had a big problem, Will Mathis, Josh Saul, Alfred Cang and Zheping Huang report. After the Chinese government banned cryptocurrency mining weeks earlier, they had to figure out how to move millions of computers out of the country, abandoning China's cheap electricity for the extreme world of crypto power-hunting. What to Watch -
German Chancellor Angela Merkel said Europe will work to ensure gas supplies continue to flow through Ukraine after the construction of the Nord Stream 2 pipeline between Germany and Russia. - The Taliban warned Turkey of serious consequences over its decision to take over the security of Kabul's airport after the full withdrawal of U.S. troops in less than two months.
- Cuba appeared to block access to some social media sites including Facebook and Instagram yesterday as authorities crack down on dissent following the largest mass demonstrations in years.
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Johnson faces a rebellion in Parliament from his own Conservatives to force his government to abandon plans to slash the U.K. foreign aid budget by about $5.6 billion. - A Haitian man who has lived in the U.S. was arrested for allegedly recruiting the hit squad that assassinated President Jovenel Moise, as police search for the masterminds of the plot.
And finally ... The historic Belgian city of Leuven is renowned as the home of Stella Artois beer and for its centuries-old university. Less well-known is its world-class semiconductor research center, imec, which is pioneering the future of the chip industry. Alan Crawford reports that as computer chips become political weapons in the U.S.-China tech conflict, imec is increasingly in the sights of governments. A technician in an imec cleanroom. Photographer: Olivier Matthys/Bloomberg |
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