Europe
Hard Numbers: Zero-COVID censorship, Russian default, NATO’s rapid reaction, Indian political shenanigans
Annie Gugliotta & Jess Frampton
5:Zero-COVID in China until 2027? A senior Communist Party official, in a notice published on Monday, said the policy would remain in place for the next five years. He probably didn’t run his statement by Xi Jinping, since Chinese censors immediately scrubbed it from news sites and social media.
100 million: About $100 million worth of interest on Russian government bonds was unpaid after the grace expired on Sunday night, marking the first technical default on its sovereign debt since the Bolshevik Revolution in 1918. Still, the effect on the economy will be limited by the reality that Western sanctions have already made it extremely hard for Russia to borrow money anyway.
300,000: NATO plans to beef up its high-readiness forces to over 300,000 troops to counter big threats like Russia. The alliance’s leaders are gathering this week in Madrid for their first summit since the war in Ukraine began.
40: Maharashtra — India's richest state and home to Mumbai — is now effectively run by ... no one. Most of the cabinet is now in a hotel thousands of miles away in Assam state, talking to 40 rebel lawmakers from the “ruling” Shiv Shena party holed up there to demand the chief minister step down. They're rumored to be seeking to jump ship and form an alliance with their Hindu nationalist pals from PM Narendra Modi's BJP party.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.
Can a war-torn Lebanon disarm Hezbollah, end Israel’s occupation of its southern territory, and reclaim control of its future? Beirut-based journalist Kim Ghattas joins Ian Bremmer on GZERO World.
As Hezbollah’s power weakens and Israel occupies parts of southern Lebanon, could the country finally reclaim its sovereignty? Or is it headed toward another war? Journalist Kim Ghattas joins Ian Bremmer on the GZERO World Podcast.
Ian Bremmer breaks down how Iran spent four decades building Hezbollah into a powerful proxy against Israel, and why the group’s uncertain future could reshape the Middle East.