Gaza ceasefire deal takes effect
Israel approved the Gaza ceasefire deal on Friday morning, bringing the ceasefire officially into effect. The Israeli military must withdraw its forces to an agreed perimeter inside Gaza within 24 hours, and Hamas has 72 hours to return the hostages. Trump is on his way to the region this weekend, after revealing that a major factor for why Hamas agreed to the deal was because he personally guaranteed that the US would prevent Israel from abandoning the agreement and resuming war – as it did in March when it unilaterally broke a ceasefire. Part of that guarantee includes a US-led military task force to oversee the ceasefire, alongside Trump’s word on the line.
Venezuela’s opposition leader wins Nobel Peace Prize
Venezuelan opposition leader María Corina Machado has won the Nobel Peace Prize for her work to promote democracy and fight against Nicolas Maduro’s dictatorship. Machado has created strong relationships with the Trump administration in support of her cause, and the recognition bolsters her moral authority as the US intensifies regime-change efforts against Maduro. See Riley Callanan’s interview with Machado earlier this year here, or watch her appearance on GZERO World here.
Peru’s impeachment tradition continues
Peru’s congress removed President Dina Boluarte on Friday. Boluarte, who came to power after her predecessor was sacked in 2022, was removed amid a spiraling crime wave, anger over her crackdowns on protestors, and allegations of corruption. One of the least popular leaders in the world, with an approval rating below 4%, she is the third Peruvian president impeached in just five years. Congress chief José Jeri has taken over as interim leader, vowing a “war on crime.” He must hold scheduled elections next spring.
The Supreme Court is facing some of the biggest legal and political questions of the Trump era. Emily Bazelon joins Ian Bremmer to break down the rulings that could reshape executive power, voting rights, and public trust in America's highest court.
Think you know what's going on around the world? Here's your chance to prove it.
Lebanon and Israel signed a ceasefire, but Hezbollah didn't, and that is a problem. With Netanyahu under pressure to escalate, Trump searching for a face-saving exit, and Iran unmoved by US muscle-flexing, the deadlock shows no signs of breaking.
US President Donald Trump listens to a question from a reporter prior to signing an executive order on AI next to Sriram Krishnan, Senior White House Policy Advisor on Artificial Intelligence, US Sen. Ted Cruz (R-TX), US Commerce Secretary Howard Lutnick, and David Sacks, chair of the President's Council of Advisors on Science and Technology, in the Oval Office at the White House in Washington, D.C., USA, on December 11, 2025.
Artificial intelligence and Donald Trump's foreign policy are creating huge tail risks for markets.