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All Up in Russia’s Grid

All Up in Russia’s Grid

If Willis's story on Tuesday about Argentina being plunged into darkness after a nationwide power failure didn't get you packing a flashlight and checking that your car has a full tank of gas, this one should. Over the weekend, the New York Times said anonymous US officials had revealed a US campaign to plant "potentially crippling malware" inside Russia's power grid "at a depth and with an aggressiveness that had never been tried before."

Quick thoughts:

This is a big provocation. It's the cyber equivalent of mining a harbor — an aggressive move that falls short of actual conflict but sends an unmistakable message: mess with us, and we'll mess you up.

The leak was probably intentional. The campaign fits with the new US strategy, launched under the Trump administration, of trying to deter cyber adversaries like Russia, China, and Iran from hacking its critical infrastructure. By disclosing the US campaign, US officials are effectively telling Russia (and by extension China and Iran), that they've got a loaded gun cocked and pointed at their economies.

That's dangerous. People — and governments — may not always behave rationally when a gun is pointed at their heads. Russia might be even more inclined to lash out. And unlike more conventional forms of conflict, cyber isn't a domain where the US can be sure it has an overwhelming advantage if push comes to shove.

It gets worse. The Times said US cyber officials described a "broad hesitation" to go into details of cyber operations against Russia with President Donald Trump because they feared he might cancel it or tell other governments about it. Among other things that are disturbing about this story, a lack of communication between the President and US cyber warriors could send mixed signals that further embolden US adversaries.

Urbanization may radically change not only the landscape but also investors' portfolios. Creating the livable urban centers of tomorrow calls for a revolution in the way we provide homes, transport, health, education and much more.

Our expert guests will explore the future of cities and its implications for your wealth.

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In a national referendum on Sunday, Chileans overwhelmingly voted in favor of a new constitution. But, why are people in this oasis of political stability and steady economic growth in South America willing to undo the bedrock of the system that has allowed Chile to prosper for so long?

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Ian Bremmer's Quick Take:

Hi, everybody. Ian Bremmer here. This is the last week before elections, have only lasted for two years, cost billions of dollars. We're sick of it. We're ready. We're ready to get past this. What do we think is going to happen?

Well, let's be clear. Biden is way ahead, and it's hard for incumbents to lose. They tended to win in the United States. They need to be unpopular and unlucky to lose, but Trump does seem to be checking both of those boxes. He's never been enormously popular. He has a pretty narrow base that is very strongly supportive of him, some 38 to 42% back and forth, but a narrow band, which has been pretty consistent for most of them the last four years, but he's also been massively unlucky. Unlucky, how?

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We live on an (increasingly) urban planet. Today, for the first time in human history, more than half of the world's population (55 percent) lives in cities. By 2050, that figure will rise to more than two-thirds, with close to 7 billion people living in urban areas. Cities have always been centers of opportunity, innovation, and human progress. But they are also often on the front lines of the major political and social challenges of the day. Here are three areas in which that's true right now.

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Just days from the election, Trump and Biden compete for the last three undecided voters in America. #PUPPETREGIME

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