What We're Watching

What We’re Watching: Israeli forces advance into new Gaza area, DRC to ink peace deal with rebels, Chilean crime wave pushes voters rightward

​Smoke rises during Israeli strikes amid the Israeli military operation in Deir Al-Balah, in the central Gaza Strip, July 21, 2025.
Smoke rises during Israeli strikes amid the Israeli military operation in Deir Al-Balah, in the central Gaza Strip, July 21, 2025.
REUTERS/Hatem Khaled

Israel advances for first time into central Gazan refuge city

Israeli ground forces have pushed into Deir al-Balah in central Gaza, an area that the IDF has previously largely avoided because it is believed to be where the remaining Israeli hostages are held. The incursion has raised concern for the safety of the many Gazans who have taken refuge there over the course of the conflict. Israel says it aims to dismantle the remains of Hamas’ infrastructure, but families of the hostages have demanded that Prime Minister Benjamin Netanyahu appear before them and the public to clarify the risks to their loved ones.

Democratic Republic of Congo to sign peace pact with rebels

The Democratic Republic of Congo and the Rwanda-backed M23 rebel group have agreed to sign a peace deal by Aug 18, following months of Qatari mediation. The US, which has facilitated separate talks between the Congo and Rwanda, is pushing for peace in the long-running conflict, partly in order to facilitate greater Western investment in the Congo's critical mineral resources. For more background, see our recent piece here.

Crime pushes Chile to the right ahead of election

Deep political polarization is afflicting every region of the world these days, but the trend is especially pronounced in Chile ahead of its November presidential election. Current leftwinger Gabriel Boric must bow out due to term limits, and while polls put Communist candidate Jeanette Jara in first place for now, just behind her is ultraconservative Catholic José Antonio Kast, an open admirer of former Chilean dictator Augusto Pinochet. Given the popularity of several other rightwing candidates, Kast would be the favorite to win a runoff. A key campaign issue: a recent crime wave driven in part by criminal gangs composed of migrants from Venezuela.

More For You

French President Emmanuel Macron, German Chancellor Friedrich Merz, Ukrainian President Volodymyr Zelenskiy, U.S. Special Envoy Steve Witkoff and businessman Jared Kushner, along with NATO Secretary-General Mark Rutte and otherEuropean leaders, pose for a group photo at the Chancellery in Berlin, Germany, December 15, 2025.
Kay Nietfeld/Pool via REUTERS

The European Union just pulled off something that, a year ago, seemed politically impossible: it froze $247 billion in Russian central bank assets indefinitely, stripping the Kremlin of one of its most reliable pressure points.

Walmart’s $350 billion commitment to American manufacturing means two-thirds of the products we buy come straight from our backyard to yours. From New Jersey hot sauce to grills made in Tennessee, Walmart is stocking the shelves with products rooted in local communities. The impact? Over 750,000 American jobs - putting more people to work and keeping communities strong. Learn more here.

Of all the threats to the world, what are the top 10 most urgent global risks for 2026? On Monday, January 5, at 12 pm ET, join us for a livestream discussion with Ian Bremmer and global experts to discuss the Top Risks of 2025 report from Eurasia Group. This report will mark twenty years of Ian Bremmer’s annual forecast of the political risks that are most likely to play out over the year. Event link: gzeromedia.com/toprisks

In this episode of Tools and Weapons, Microsoft Vice Chair and President Brad Smith sits down with Ed Policy, President and CEO of the Green Bay Packers, to discuss how purpose-driven leadership and innovation are shaping the future of one of the world’s most iconic sports franchises. Ed shares how technology and community-focused initiatives, from Titletown Tech to health and safety innovations on the field, are transforming not just the game of football, but the economy and culture of Green Bay itself. He explains how combining strategic vision with investment in local startups is keeping talent in the Midwest and creating opportunities that extend far beyond Lambeau Field.

Subscribe and find new episodes monthly, wherever you listen to podcasts.