Flaws in last year’s groundbreaking Inflation Reduction Act, designed to speed the U.S. energy transition, could end up slowing the adoption of electric vehicles. The IRA’s tax incentives for EVs exclude major potential suppliers of critical minerals, including Argentina, where the lithium sector is growing explosively.
South America
For leftist governments in South America, the unfolding confrontation between the Palestinian militant group Hamas, which some of them view as a liberation movement, and Israel, a country many of them view as damnably oppressive, became the source of domestic tensions, with some leaders struggling to modulate their responses.
Last week, after months of requests from Haiti for international assistance, the U.N. Security Council authorized a peacekeeping mission to fight gangs that have taken over the country’s capital. The question now is whether the force will be enough to make a difference. There’s no shortage of reasons to believe it won’t.