What We're Watching
California scorcher, Gulf states threaten Netflix, potential Putin-Xi meeting
Water is dropped near a fireman as the Fairview Fire burns near Hemet, California.
REUTERS/David Swanson
Californians are bracing for mass power outages as the state of 40 million people suffers a record-breaking heatwave with temperatures in the triple digits. With residents cranking up air conditioners, state authorities say energy use statewide is hitting record levels. (The power grid is under added pressure because of the extreme heat, which makes power transmission less efficient.) Meanwhile, California’s independent grid operator called for energy rationing between 4 and 9 pm, advising residents to turn up their thermostats and avoid using energy-intensive equipment like dishwashers and washing machines. Indeed, the heatwave and energy crunch indicate that extreme weather events linked to climate change are pummeling countries in the developing and developed world alike. (With a GDP of $3.4 trillion in 2021, California’s economy is the largest in the US, surpassing countries like India and France.) As several wildfires broke out in Southern California in recent days, Governor Gavin Newsom warned that “we’re heading into the worst part of this heat wave.”
Ian Bremmer answers reader questions about geopolitical risks and potential conflicts, from the Middle East and the South China Sea to Ukraine and Venezuela.
Regional parliamentary elections began in the Pakistan-administered portion of Kashmir on Monday, but the first round of voting has been racked with violence.
Newly released Kimi K3 has become the center of a fierce debate in Washington and Silicon Valley over whether America’s “closed” approach is protecting its lead, or helping China catch up.
In his latest Quick Take, Ian Bremmer discusses the on-again off-again ceasefire between the United States and Iran and why it has failed to hold, arguing that both sides remain locked in a fundamental disagreement over who has the leverage.