2023
January
18
Wednesday

Monitor Daily Podcast

January 18, 2023
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Laurent Belsie
Senior Economics Writer

Maybe it’s the mountain air. Maybe it’s because for the first time in three years, the World Economic Forum meeting is back to normal as a physical gathering in Switzerland in January. For whatever reason, the world’s bankers, CEOs, and policymakers are sounding cautiously optimistic about 2023.

Take the world’s second-largest economy: China. On Tuesday, Vice Premier Liu He said Chinese life had returned to normal with the lifting of pandemic restrictions. “We are confident China’s growth will most likely return to its normal trend,” he added. If he’s right, China’s growth would nearly double from 3% last year, helping to buoy the world economy at a time when the West is slowing.

The head of OPEC: “We’re seeing signs of green” for the global economy, OPEC Secretary-General Haitham Al-Ghais told Bloomberg Television in Davos. The chairman of tech and engineering giant ABB: The worst of the computer chip shortage is over, Peter Voser told CNBC. At the International Monetary Fund, First Deputy Managing Director Gita Gopinath now expects “improvement” in the latter half of 2023.

Even in Germany, hit hard by the war in Ukraine, Chancellor Olaf Scholz said the nation’s energy supply is now secure despite Russia’s cutoff of natural gas. The move is also speeding up Germany’s transition to green energy, he added. 

The world economy still has several valleys of risk to navigate in 2023 – such as uncertainties regarding inflation, recession, and interest rates. But at least there’s some sunlight on the peaks.


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Today’s stories

And why we wrote them

As parties are grappling with more extreme wings, some state legislatures have responded by forming centrist coalitions across the aisle. To work, however, the model requires trust.  

Many South American countries with histories of brutal military dictatorships worked to weaken the role of the armed forces in government. The Jan. 8 capital riots underscore Brazil’s ongoing struggle to keep the military out of politics.

Courtesy of Chao Tayiana Maina
Chao Tayiana Maina stands outside her grandparents’ home library in Ngong, Kenya, on Jan. 11, 2023.

In Kenya, a self-described “headstrong historian” is unearthing suppressed historical narratives. Her quest shows how technology, amplifying rarely heard local perspectives, can ignite a deeper connection with the past. 

Sophie Hills/The Christian Science Monitor
Passengers board a bus on K Street in Washington on Jan. 13, 2023. The district's buses will be free of charge starting in July.

Washington has become the largest American city to institute free bus fare – an innovation aimed at creating equity for underserved populations. The underlying principle of such programs is to treat mass transit as a public good.

Points of Progress

What's going right

In our progress roundup, Nepal and Brazil demonstrate how disparate interests can join forces to make change. That happens both when trust and responsibility are returned to the local level, and when the government’s power protects nature from overutilization.


The Monitor's View

Since late December, a stack of unusual storms known as atmospheric rivers has inundated California, dropping up to 600% of normal rainfall in a month. The visual impact is striking in a state parched by three years of severe drought: flooded streets, mudslides, and brimming reservoirs. At least 20 people have died, the state estimates.

Disruptive weather events tend to reinforce the central fear of a warming atmosphere: that environmental instability and human insecurity are “the new normal.” Floodwaters are still receding in Pakistan, months after heavy monsoon rains and melting glaciers inundated a third of the country. Abnormal rains are flooding wide swaths of the Philippines nearly two months into what should be the dry season.

Just measuring extremity, however, misses something else going on. Dire weather situations have helped raise a tide of global compassion. At the most recent United Nations conference on climate change, wealthy industrial nations agreed to establish a “loss and damage” fund to offset the impact of their greenhouse gas emissions on poorer countries. They have also brokered more targeted agreements to help coal-dependent countries like South Africa, Indonesia, and Vietnam shift toward renewables.

In California, the recent storms are adding momentum to a radical shift in thinking about land use and environmental stewardship – one that is dissolving competition into cooperation among rival interest groups and replacing the subduing of nature with ecological restoration and replenishment.

“Through multi-benefit partnerships that include water interests as key partners, we have the resources to manage our watersheds sustainably, even in a warming climate,” says Roger Bales, director of the Sierra Nevada Research Institute at the University of California, Merced. In a Pacific Forest Trust webinar last year, he described what he called the “three-legged stool” of California’s environmental future: ecological integrity and resilience, human well-being, and environmental equity for rural communities and future generations.

All of that revolves around correcting the effects of human decisions and activity on California’s Sierra Nevada watershed, which accounts for 75% of the state’s water. That system has been disrupted in recent decades by warmer temperatures, which have resulted in less – and less reliable – annual snowpack. But the problem has a deeper history. A century of fire suppression strategies has resulted in thicker, younger forests. Trees drink water. During prolonged droughts, they die and become fire fuel. The U.S. Forest Service estimated that 9.2 million trees died just last year due to drought. That points to a common strategy for fire safety and drought alleviation. While the volumes of storm runoff over the past month underscore a need to transform California’s water catchment system for a warmer era, a growing number of initiatives between public agencies, the scientific community, and industries like timber and recreation are focused on thinning and diversifying California’s forests back to their natural pre-1900 balance.

The historian Kevin Starr observed that “Americans entered California and there, in a variety of ways, responded to its imperatives.” He might have written that sentence about today. Pressed with a need to restore the integrity of California’s watershed, the state’s varied interests are forging future security on a united ecosystem of thought.


A Christian Science Perspective

About this feature

Each weekday, the Monitor includes one clearly labeled religious article offering spiritual insight on contemporary issues, including the news. The publication – in its various forms – is produced for anyone who cares about the progress of the human endeavor around the world and seeks news reported with compassion, intelligence, and an essentially constructive lens. For many, that caring has religious roots. For many, it does not. The Monitor has always embraced both audiences. The Monitor is owned by a church – The First Church of Christ, Scientist, in Boston – whose founder was concerned with both the state of the world and the quality of available news.

If we’re feeling piled on by troubles, a more spiritual and harmonious view of life can empower us to shake off the dirt and step higher.


A message of love

Bryan Woolston/AP
Wes Moore celebrates after being sworn in as the 63rd governor of the state of Maryland in Annapolis, Maryland, Jan. 18, 2023. The first Black governor of Maryland and the third in United States history, he was sworn in on a Bible that had belonged to Frederick Douglass, a famous abolitionist, author, and orator who was born into slavery in Maryland.
( The illustrations in today’s Monitor Daily are by Karen Norris. )

A look ahead

Please join us again tomorrow, when our stories include how colleges are supporting students who are struggling to acclimate after pandemic setbacks.

More issues

2023
January
18
Wednesday

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