At the 62nd Munich Security Conference, Parag Khanna, founder and CEO of AlphaGeo, says globalization isn't dead, it's evolving.

Speaking with GZERO’s Tony Maciulis, he explains that countries are forming flexible alliances that expand and shrink based on their interests. “You’d rather be in the tent...if it suits your interest than not in it,” Khanna notes, highlighting how the US, Europe, and Asia are adapting to shifting global priorities.

Khanna also explores trade, maritime security, and multi-alignment strategies, stressing that “everyone is hedging, everyone is diversifying." While these coalitions can create stability, Khanna stresses they can also produce tensions when countries balance economic opportunities against political or values-based goals.

This conversation is presented by GZERO Media in partnership with Microsoft. The Global Stage series convenes global leaders for critical conversations on the geopolitical forces reshaping our world.

More For You

Casino depicting things commonly bet on by political betters.
Paige Fusco

The day before the United States and Israel struck Iran on February 28, more than 150 accounts on Polymarket correctly bet it would happen on that specific date.

Last week, Microsoft announced Microsoft Elevate for Changemakers, a new initiative designed to help nonprofit leaders confidently navigate the AI era. The program provides essential AI credentials, access to a peer community, and role-based resources to support responsible, mission-driven AI adoption. Part of Microsoft’s broader Elevate commitment, the initiative builds on the company’s 50-year legacy of supporting nonprofits worldwide. Microsoft partners with nearly one million nonprofit and education organizations globally and will deliver more than $5 billion in discounts, donations, and grants in the coming year. By equipping those closest to social challenges with the tools to lead, Microsoft Elevate for Changemakers helps ensure nonprofits remain at the forefront of AI-powered solutions. Read the full blog here.

U.S. President Donald Trump speaks in the Oval Office, as U.S. Defense Secretary Pete Hegseth and Secretary of the Interior Doug Burgum look on, on the day he signs an executive order, at the White House in Washington, D.C., U.S., May 23, 2025.
REUTERS/Kent Nishimura

The US president has now suggested several times that the Iran war could end without reopening the Strait of Hormuz.