What We're Watching: Confidence in Boris, Shanghai reopens, chicken inflation

What We're Watching: Confidence in Boris, Shanghai reopens, chicken inflation
British PM Boris Johnson looking puzzled.
Leon Neal via Reuters

The Boris vote is coming

Following last week’s Gray report, findings from an investigation into allegations that Boris Johnson attended lockdown-violating social events during the pandemic, it seemed that the UK prime minister might avoid a vote of no-confidence in his leadership of the Conservative Party. But a clumsy response — Johnson claims the report “vindicated” him — and resulting criticism this week from members of his party suggest the vote is coming, perhaps as soon as next week. Here are the basics: It would take a formal request from 54 Tory MPs to force a vote and a simple majority of 180 Tories to oust him. For now, it appears the vote would be close. A narrow victory would leave him a diminished figure, but he could survive in power until a national election in 2024. A loss would create a wide-open, two-month contest to lead the party forward. The vote may wait until after a pair of crucial parliamentary by-elections on June 23. A loss for Conservatives in both those votes might seal Johnson’s fate.

Shanghai’s slow reopening

After a grueling two-month lockdown, 90% of Shanghai’s residents (some 22 million people) are finally allowed to move around the city somewhat freely. Residents of low-risk housing complexes — meaning no COVID cases have been identified for 14 days — no longer need to seek government permission to leave their homes, while many shops also began to reopen. Still, this should not be taken as a sign that Beijing is easing its commitment to a zero-COVID policy. Harsh containment measures are still being enforced, including in Beijing, where 5,000 people were forced into a quarantine facility this week after one man broke lockdown rules before testing positive. While photos show Shanghainese rejoicing at their newfound freedom, many are struggling to readjust, feeling traumatized after a 65-day lockdown in which the government often failed to provide them with enough food and medication. While China’s ruling Communist Party is keen to see the country’s economic hub resume activities hastily in order to reverse a trend of negative national growth, the city isn’t going back to normal just yet: most children will not resume face-to-face schooling for the foreseeable future, and significant restrictions remain for those seeking to leave the city.

Malaysian chicken export ban ruffles Singapore’s feathers

The effects of the global food crisis exacerbated by Russia's war in Ukraine have mainly hit poor countries, but now rich ones are also feeling the pinch. On Wednesday, Malaysia suspended all poultry exports due to an acute shortage of feed that has sent local prices through the roof. The ban has caused mass anxiety in next-door neighbor Singapore, where foodies are panicking it might spoil the taste of the country’s de-facto national dish: delicious Hainanese chicken rice (featured, of course, in the popular film Crazy Rich Asians). While we sympathize with Singaporeans having to replace Malaysian live birds with Brazilian frozen ones, there's a more troubling dynamic at play. Chicken feed is primarily made up of grains like corn and soybeans, which had already become more expensive by early 2022 due to supply chain disruptions, climate change, and higher energy costs but have now seen prices skyrocket after Russia’s invasion. What's more, since feed is by far the biggest input cost of poultry, chicken could soon become more expensive than beef in the UK. Time to go vegan?

More from GZERO Media

- YouTube

In a rapidly shifting geopolitical landscape, businesses are focusing on adapting to global trade uncertainties. Dr. Nikolaus Lang, global leader of the BCG Henderson Institute, shared his insights with GZERO’s Tony Maciulis during the World Economic Forum in Davos.

When his daughter was born, Johnny was able to use Walmart’s paid parental leave to spend six weeks bonding with her: “I’m a living example of the benefits Walmart provides.” Walmart’s comprehensive benefits — including paid parental leave, healthcare, tuition coverage, and more — help associates live better at work and at home. With a $1 billion investment in career-driven training and development, Walmart is creating pathways to higher-paying, higher-skilled jobs, so associates like Johnny can build better lives for themselves and their families. Learn why it pays to work at Walmart.

U.S. President Donald Trump throws a pen after he signed executive orders on the inauguration day of Trump's second Presidential term, inside Capital One Arena, in Washington, U.S. January 20, 2025.
REUTERS/Brian Snyder

Hours after his inauguration, Donald Trump scrapped Joe Biden's October 2023 executive order regulating artificial intelligence.

In this photo illustration, the American Central Intelligence Agency (CIA) logo seen displayed on a smartphone with an Artificial intelligence (AI) chip and symbol in the background.
(Photo by Budrul Chukrut / SOPA Images/Sipa USA) via Reuters

The Central Intelligence Agency has reportedly spent the last two years developing an artificial intelligence chatbot.

SnapChat app displayed on a smart phone with in the background SnapChat My AI, seen in this photo illustration, on August 20, 2023, in Brussels, Belgium.
(Photo illustration by Jonathan Raa/NurPhoto) via Reuters

On Thursday, the US Federal Trade Commission referred a complaint to the Justice Department concerning Snapchat’s artificial intelligence chatbot, My AI.

U.S. President-elect Donald Trump's nominee to be U.S. Secretary of the Interior Doug Burgum attends the vice president?s dinner ahead of the inauguration of Trump, in Washington, U.S., January 18, 2025.
REUTERS/Kevin Mohatt

The AI race depends on fossil fuels.

- YouTube

“I wanted to be a woman in charge,” Diane von Furstenberg, the iconic fashion designer who changed women’s apparel 50 years ago with the “wrap dress,” said. “And I became a conduit for a certain freedom.” This week in Davos, her work earned her a Crystal Award, presented annually by the World Economic Forum to creators and innovators making a positive impact on society. She sat down with GZERO’s Tony Maciulis to talk about bridging the gender gap, the “masculine wave” currently in politics and business, what it means for diversity initiatives, and how she views her legacy decades into her historic career.

Ukraine's President Volodymyr Zelensky speaks during the 55th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 21, 2025.
REUTERS/Yves Herman

It’s Day Two in Davos, and those of us here woke up to the flurry of executive orders from President Donald Trump, many of which were expected but still create complications for dialogues here focused on climate financing and cooperation on AI and tech policy.