November 04, 2021
Things aren't looking good for Joe Biden. And it could get worse for him a year from now, when the Democratic Party could lose control of the US Congress in the 2022 midterm election. But this dynamic isn't unique to the Biden administration. Historically, in the president's first term his party has almost always lost seats in the House of Representatives and the Senate in the midterms. What's more, the president's own approval rating also tends to take a hit as the vote nears. We compare the approval ratings of the last 10 US presidents one year before the midterm election and on the eve of the vote, as well as the number of House/Senate seats lost/won by the party in the White House at the time.
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In this Quick Take, Ian Bremmer breaks down the escalating US-Israel war with Iran and its ripple effects on global markets and supply chains.
As missiles fly and oil prices soar, the Iran war is exposing another major resource vulnerability in the Middle East: water. Fresh water has been a scarce commodity in a region defined by a dry climate and low rainfall, but attacks on the region’s desalination plants, which convert seawater into drinking water, threaten to open a new front.
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