scroll to top arrow or icon

Gen Z is making moves

For Gen Z, changing jobs can mean a bigger paycheck. Younger workers continue to see the largest gains from switching, offering a glimpse into how career mobility is evolving across generations.

Subscribe to Bank of America Institute to explore the data.

Latest

Machado returns to Venezuela – but when will democracy?

On Sunday, Venezuelan opposition leader María Corina Machado returned home after ten months in exile.

In the time since she last set foot on Venezuelan soil, the United States arrested authoritarian leader Nicolás Maduro on narco-terrorism charges and installed Vice President Delcy Rodríguez as acting president. As the Trump administration slowly negotiated with Rodríguez to hold elections, it made a flurry of oil deals, including one that gives the US the rights to more than 65 billion barrels and involves a Venezuelan businessman under investigation for money laundering. The country was also struck by two devastating earthquakes that killed thousands. Machado, meanwhile, gifted her Nobel Peace Prize to President Trump, in an effort to facilitate her return and Venezuela's transition to elections, in which she would expect to be heavily favored to win.

Much has changed since Machado left. But now that she's back, the big question is: what is the timeline for Venezuela to hold its first free-and-fair elections in over a decade? And does the Trump administration care? The answers (possibly 2027 but more likely 2028; and it does, while not making it a priority) reveal as much about the future of Venezuela as they do about the Donroe Doctrine in Latin America.

Keep reading...Show less

What recent elections say about voter frustration

In this ‘ask ian,’ Ian Bremmer says recent elections around the world point to a common trend: voters are increasingly unhappy with their governments as inflation, security concerns and economic pressures shape political outcomes.

Ian cautions against seeing recent results as a broad victory for either the left or the right. Instead, “a lot of people continue to be really angry with their existing governments,” with high turnout reflecting growing interest in politics. In Brazil, Ian says affordability and concerns over social benefits helped drive Lula’s victory, while in Serbia, young voters rallied against a government they saw as unaccountable.

Ian argues that this sentiment is spreading across countries, including Europe and Israel, and could be reflected in upcoming US midterm elections.

The tough path ahead to power in Israel

Israelis turned out in droves on Tuesday for an election billed as one of the most consequential in the country’s history – and they still don’t know who won.

About 77% of Israel’s eligible voters cast ballots, the highest in more than two decades, to decide whether to give Prime Minister Benjamin Netanyahu and his coalition another term or hand power to a loosely organized opposition led by former IDF chief Gadi Eisenkot.

Most votes are counted, and no clear winner has emerged. As it stands, results show that Netanyahu’s bloc will likely win about 54 seats, Eisenkot’s about 48, and the two Arab parties are expected to win the remaining 18 or 19 seats. With no clear winner, Israel looks to be in political gridlock.

Keep reading...Show less

Fuel costs halt three-year cruise around the world

Ship owner Villa Vie Residences told passengers the cruise would end its journey early in Cambodia because refueling costs have jumped more than 300% since the start of the Iran war. Some passengers have now flown home, while others are still waiting in the port city of Sihanoukville, Cambodia. The ship, Odyssey, was one of the few designed for long-term residency, with some passengers planning to live on the ship for decades. It first began its journey in October 2024.

Flávio Bolsonaro lands in the US, European leaders plead with Putin, South Africa sends troops to quell unrest

Brazil’s Bolsonaro Jr flees to the US after election loss

Bem-vindo a Miami! Flávio Bolsonaro, the right-winger who lost Brazil’s presidential runoff to incumbent lefty Lula on Sunday, landed in the Magic City with his family on Wednesday morning. Bolsonaro, who is under investigation for money laundering in Brazil, fled after Brazilian police demanded his passport late Sunday. The US has granted him political asylum. Bolsonaro, along with prominent Trump-aligned voices in the US, rejects the election results and says the legal charges against him are “lawfare.” Harboring Bolsonaro will complicate Trump’s relationship with Latin America’s largest economy, where Lula will begin his fourth term as president in January. But with Bolsonaro’s brother Eduardo also in US exile, while their father Jair remains under house arrest for plotting a coup to overturn his own 2022 re-election loss to Lula, this could also allow other prominent rightwing voices in Brazil to eclipse the Bolsonaros as leaders of the conservative opposition.

Keep reading...Show less

So many summits, so little substance. Or is that really the case?

Three major UN environmental summits are occurring late this year. What do they actually accomplish?

On the ground at COP17 in Yerevan, Armenia, Eurasia Group's María José Valverde looks beyond the speeches and negotiations at the practical initiatives these conferences can produce: funding Indigenous-led conservation, researching cattle that produce less methane, and attracting investment to restore degraded farmland.

“These conferences can do real good,” she explains. But with climate change and nature loss accelerating, can those individual successes add up fast enough?

Sudan marks a grim anniversary this week. Tens of thousands still remain missing after the RSF’s siege of El Fasher. The RSF also remains in control of the city, and the civil war continues to drag on with seemingly no end in sight. To mark the occasion, the British government has sanctioned 15 Sudanese military leaders from both the Sudanese Armed Forces (SAF) and the rebel RSF over their involvement in sexual violence during the atrocities in El Fasher. But the sanctions are a relatively small response to what some have called one of the worst massacres of the century. Since Sudan’s civil war began, more than 14 million people – roughly a quarter of the population – have been displaced, while an estimated 150,000 have been killed.

France offers concessions to protesters

After weeks of student-led protests over poor conditions in French schools, the government has promised to dedicate €4 billion ($4.5 billion) to school renovations, improve teaching, implement other education reforms, and to replace its controversial university admissions platform by 2028. But while representatives from two student groups welcomed the concessions, they said the government had not yet met their demands and called for protests to continue. The groups also asked for 250,000 additional university places after its admissions platform left many unable to attend, while the government pledged just 15,000. Even so, the 2028 deadline allows President Emmanuel Macron to pass the problem to his successor, with far-right Marine Le Pen currently leading polls.

Read NowShow less

In this Quick Take, Ian Bremmer breaks down Brazilian President Luiz Inácio Lula da Silva’s historic re-election victory and what it means for the country’s political future and democracy.

Ian says Lula’s win defied a broader conservative wave across Latin America, despite his opponent Flávio Bolsonaro appearing favored after the first round. Higher-than-expected turnout and Lula’s expanded social benefits helped drive the result, while concerns over the election process have fueled claims that the vote was stolen.

Ian acknowledges “significant irregularities” around voting access but says they did not change the outcome, noting that Lula won by three points. He warns that the growing refusal by political leaders and their supporters to accept election results they dislike poses a broader threat to democracy.

Overall, Lula’s victory marks a notable shift for a region that has recently seen a string of conservative electoral wins. Ian says Brazil’s result is particularly significant given its size and influence as Latin America’s largest economy, but warns that the country’s political divisions are far from settled.

Brazil’s left-wing President Luiz Inácio Lula da Silva staged an astonishing comeback on Sunday to win a record fourth term, breaking a string of recent right-wing victories in Latin America. His opponent, Flávio Bolsonaro, has so far refused to accept the results – echoing his father, Jair Bolsonaro, who refused to accept a loss to Lula in 2022.

Lula’s victory marked the first time that a Brazilian candidate has finished second in the first round of the election, only to come back to win the runoff. And yet Lula, now 80 years old, won 51.8% of the runoff vote with a margin of more than four million votes.

Read NowShow less

That ban is much to the dismay of inmate Andre McKechnie, who sued Victoria’s Department of Justice and Corrections and argued that the ban violated his right to “enjoy his culture as an Australian.” But on Monday, Victoria’s Supreme Court rejected his challenge. Invented in the 1920s as an alternative to the then-popular Marmite, Vegemite was banned in 2006 from Victoria’s prisons over concerns that its pungent smell could be used to conceal contraband or throw drug sniffing dogs off the scent.

Venezuela’s leading opposition figure returns home

After ten months in exile, Maria Corina Machado is back in Venezuela. Until now she has been largely sidelined by the Trump administration, which ousted strongman Nicolás Maduro in January and installed his deputy, Delcy Rodríguez, instead. Machado wants elections by July, and polls show she is the country’s most popular political figure. Rodríguez has pledged a vote, but given no timetable, and is currently holding US-backed talks with parts of the opposition that exclude Machado. Meanwhile, the Trump administration has focused on securing control over Venezuela’s vast oil resources, striking controversial deals that Machado herself has criticized. Washington has tacitly allowed Venezuela to bar Machado’s return at least half a dozen times in recent weeks. But with popular pressure growing inside of Venezuela, the White House relented. Now the intrigue begins: Rodríguez is pliant but widely reviled, while Machado is popular but has criticized Trump’s approach so far.

Read NowShow less

As AI becomes part of everyday life, access to technology is only part of the equation. Last week, Microsoft announced it's expanding its community-first approach to AI literacy, including new no-cost training with the Public Library Association and expanded support through Elevate for Changemakers and TechSpark. Together, these efforts put trusted local institutions at the center, helping communities build the skills, judgment, and confidence to navigate AI responsibly.

Read more here.

Most Popular Videos