May 11, 2018
Trump scraps the Iran deal, China gets cagey with Taiwan, and National Review columnist Jonah Goldberg admits that he is not pure.
A pure conservative, that is.
+OFFICE HOURS (Iran Edition) +PUPPET REGIME ZUCKThe United States will no longer play global policeman, and no one else wants the job. This is not a G-7 or a G-20 world. Welcome to the GZERO. Every week Ian Bremmer will interview the world leaders and the thought leaders shaping our GZERO World.
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On the GZERO World Podcast, Ian Bremmer sits down with Harvard economist and former IMF Deputy Managing Director Gita Gopinath to unpack how the conflict is rippling through the global economy. As oil and gas prices surge, inflation is climbing, adding new costs for households and businesses and putting pressure on growth worldwide.
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The revenue generated by Russia’s main oil tax in April amid the Iran war, per Reuters calculations. The amount is double last month’s revenue, and up by 10% from this time last year.
Natalie Johnson
The Iran war has pushed Brent crude prices to $100 per barrel, up from around $70 before the conflict began.
For sixteen years, Prime Minister Viktor Orban has won every fight: four consecutive parliamentary supermajorities for his party, Fidesz; a constitution rewritten to his specifications; courts, media, and oligarchs brought to heel.
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