Russian military escalation against Ukraine worries Europe

Carl Bildt, former Prime Minister and Foreign Minister of Sweden, shares his view from Europe:

What's going on with Russia and Ukraine?

Well, the Russians are mobilizing quite substantial military forces and transporting them, deploying them along the borders with Ukraine and in Crimea. At the same time, they are stepping up the propaganda warfare against Ukraine and undertaking also information warfare measures. What is this going to lead to? Are they prepared for some sort of direct military action of limited or larger nature? We simply don't know. But it's clearly a situation that is worrying and that we need to watch very carefully indeed.

Read Now Show less

Latest

Will tech giants be taxed for worldwide profits with a global tax rate?

Get insights on the latest news about emerging trends in cyberspace from Marietje Schaake, International Policy Director at Stanford University's Cyber Policy Center and former European Parliamentarian:

Today, we talk about the "T word", as I often refer to: taxation. But that taboo is finally broken in the United States.

How would a global minimum corporate tax rate, like the one Janet Yellen has called for, affect Big Tech?

Now, ideally, it would ensure a level playing field for all companies, and European leaders embrace the US change of course, but they did add that there should be ways to tax tech giants for their global profits. It's a demand that is widely shared in Europe. So the hope is that that can be arranged between all OECD members.

Keep reading... Show less

Israel's election results, US-Iran nuclear talks, and vaccine passports

Ian Bremmer discusses Netanyahu's challenge, the US-Iran nuclear talks, and why vaccine passports are a good idea on this edition of World In 60 Seconds.

Will Israel's Netanyahu be able to successfully form a new government?

Well, he's been given the charge to. I guess he has 28 days to do it. It's a really, really tight equation. He'd have to get both an ultra-right party that's got a bunch of serious Islamophobes in it and a Muslim party to join. I think they're heading for no-such-luck, and the fifth election in just a couple of years. Israel just keep getting it done. Not as much to worry about, given that the pandemic's been handled with all those vaccines, but still quite a problem.

Keep reading... Show less

Cryptocurrency going mainstream but EU & US regulators face challenges

Marietje Schaake, International Policy Director at Stanford's Cyber Policy Center, Eurasia Group senior advisor and former MEP, discusses trends in big tech, privacy protection and cyberspace:

Has cryptocurrency finally gone mainstream?

Well, it certainly looks like that because after some people had invested in bitcoins out of curiosity or the quiet hope to make a fortune, now the EU and the European Central Bank are considering a digital euro. And this week, Visa announced that it would accept crypto coins, too. So those developments may help facilitate trust in an area that is also known to be a safe haven for criminal money.

Keep reading... Show less

Biden infrastructure plan would boost jobs; Georgia voter law tensions

Jon Lieber, Managing Director of the United States for the Eurasia Group, shares his insights on US politics:

What specifics do you expect to be in Biden's "build back better" infrastructure plan?

Well, this is really a two-part plan. The first part Biden's rolling out this week, and it's focused mainly on infrastructure. Bridges, roads, tunnels, transit, the whole infrastructure smorgasbord, including on broadband deployment, as well as investing in things like rural hospitals, schools and upgrading buildings to be more energy efficient. Biden's proposed between $2 and $2.5 trillion depending on how you do the math, paid for by tax increases primarily falling on the corporate sector that actually spread out over 15 years, as opposed to the bill's spending, which spreads out over 10. That means the bill will be mildly stimulative to the economy on top of creating potentially new jobs through the direct spending that's going to happen.

Keep reading... Show less

China overhauls Hong Kong elections; Brazil & Turkey under pressure

Ian Bremmer discusses Hong Kong's election changes, Bolsonaro's latest cabinet reshuffle, and Turkey's economic problems on World In 60 Seconds.

China has overhauled elections in Hong Kong. Now what?

Well, now nobody that would be in the democratic opposition would really want to run for election in Hong Kong because it's just a titular body that serves mainland China. There is no more one state, two systems policy in Hong Kong. The UK, the United States are angry about it. We've put some sanctions on individual leaders, but that's about it. And China increasingly integrates the small Hong Kong economy into the mainland, and it's considered a domestic sovereign issue. Sorry, it kind of sucks if you're from Hong Kong, and there's not much work we can or are going to do about it.

Keep reading... Show less

Episodes

Biden's first press conference reaffirms his working man approach

Joe Biden gave the first press conference of his presidency, a much-anticipated event. Jon Lieber, head of Eurasia Group's coverage of political and policy developments in Washington, shares some takeaways.

The dangers of deepfakes and the need for norms around trust

The Tom Cruise deepfake is convincing. Are there ways to combat sophisticated misinformation? Marietje Schaake, International Policy Director at Stanford University's Cyber Policy Center and former European Parliamentarian, shares her insights.

Israel's highly charged election; EU-China deal at risk over sanctions

Ian Bremmer discusses Israel's election, the EU-China tensions over sanctions, and Putin's jab on this edition of World In 60 Seconds.

Immigration reform so divisive that even Democrats can't agree

Is the surging immigration crisis the biggest challenge for the still new Biden administration? How are politics getting in the way of the immigration policy Biden wants to implement? Jon Lieber, Managing Director of the United States for the Eurasia Group, shares his insights on US politics.