Amid intensifying US attacks on alleged Venezuela-linked drug trafficking boats in the Caribbean, Venezuelan strongman Nicolás Maduro iscracking down on dissent at home. The largest US military buildup in the Caribbean in decades has raised concerns that US President Donald Trumpmay seek to knock Maduro out of power altogether. Maduro — who remains deeply unpopular after evidently rigging last year’s presidential election — has deployed loyalist vigilantes to police dissent and arrested dozens more critics. (For more on this see our latest “Debrief” with Eurasia Group’s Venezuela expert Risa Grais-Targowhere.)
As Democrats plot a path back to power in next year’s midterms, last night’s local election results give them much to chew over. First, voters in California authorized a redistricting that gives Dems a shot to overturn five GOP-held seats. Second, centrist Democrats comfortably won the gubernatorial races in New Jersey and Virginia, while voters in swing-state Pennsylvania re-elected three liberal state Supreme Court justices. A key factor in VA and NJ was that voters of color who had voted for Trump in 2024 swungbackto the Democrats. Lastly, of course, democratic socialist Zohran Mamdani’s victory in the New York mayoral race will intensify internal party debates about whether to double down on centrism or populism.
Is the world economy about to take a bubble bath? The head of the World Economic Forum has warned of three potentially crippling financial market bubbles: in crypto, in AI, and in public debt. If any of the three bursts — that is, if a critical mass of investors think they are overvalued and start a mass sell 0ff – we could be in for a world of hurt. Goldman Sachs CEO David Solomon and JP Morgan Chase CEO Jamie Dimon have both recently warned of a coming market correction. The WEF comments came amid a brief selloff yesterday in tech stocks over concerns about over-investment in AI.
In this episode of "ask ian," Ian Bremmer looks at what the rise of Elon Musk as the world’s first trillionaire reveals about wealth, innovation, and the future of the American Dream.
There are 48 countries involved in this year’s World Cup, but that only tells part of the story of just how global the “global game” has become.
In his latest Quick Take, Ian Bremmer says the US and Iran’s memorandum of understanding to end the fighting and reopen the Strait of Hormuz marks progress, but warns it falls far short of resolving the broader conflict.
The United States and Iran said Sunday that they had reached an interim agreement that could end the months-long war and reopen the Strait of Hormuz. Officials are expected to sign the deal in Switzerland on Friday, following the G7 summit in France.