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US response to Iran protests

In this Quick Take, Ian Bremmer breaks down the protests across Iran and how the Trump administration might respond.

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Dispatch from Kyiv, nearly four years into war

If you spend a week in Ukraine, you’ll get a long list of advice. Download the air raid app. Download the power outage app. Don’t use elevators – you’ll be trapped if the power goes out. Download the map of bomb shelters. Bring batteries and portable chargers, more than you think. Take a course on how to tie a tourniquet.

The guidance given to me before my trip to Ukraine’s capital suggested a city where daily life was governed by alarms, blackouts, and contingency plans. What became clear on arrival was that the list was less a warning than a routine, a system Ukrainians have built after nearly four years of war to keep life moving despite daily Russian attacks.

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What We’re Watching: Trump’s DOJ probes Fed’s Powell, Iran cracks down on protestors, Japan’s PM consider snap election

Trump-Fed feud escalates

The feud between US President Donald Trump and the Federal Reserve escalated significantly this weekend, with federal prosecutors opening a criminal investigation into Fed Chair Jerome Powell over whether he lied to Congress about the scale of the central bank’s renovations. Powell responded with uncharacteristic fervor, saying, “This new threat is not about my testimony last June or the renovation,” but rather because he refused to heed Trump’s call to lower interest rates. Trump denied knowledge of the investigation, although he mentioned a possible lawsuit against Powell two weeks ago. The Trump administration’s actions are facing blowback from Senate lawmakers whose votes will be needed to confirm the next Fed chair: outgoing Sen. Thom Tillis pledged to block any successor until the current matter is resolved.

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Hard Numbers: Thai’s progressive opposition leads polls, Trump Org’s Saudi investments reach newmilestone, Gambian court considers overturning FGM ban, Netanyahu seeks to taper off US military aid

30%: A pair of surveys showed that Thailand’s progressive opposition party is leading the polls ahead of the Feb. 8 general election. Both polls showed the People’s Party ahead with at least 30% of the vote, while Prime Minister Anutin Charnvirakul’s conservative Bhumjaithai party languished in the teens. The snap election comes at a rocky time for Thailand, as a border dispute with Cambodia flares up and the PM faces possible impeachment.
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Economic Trends Shaping 2026: Trade, AI, Small Business

Mastercard Economic Institute's Outlook 2026 explores the forces redefining global business. Tariffs, technology, and transformation define an adaptive economy for the year ahead. Expect moderate growth amid easing inflation, evolving fiscal policies, and rapid AI adoption, driving productivity. Digital transformation for SMEs and shifts in trade and consumer behavior will shape strategies worldwide.

Stay ahead with insights to help navigate complexity and seize emerging opportunities. Learn more here.

Maduro is gone. What happens now?

The United States has pulled off a stunning operation in Venezuela, capturing longtime strongman Nicolás Maduro and bringing him to New York to face federal charges. For President Trump, it was a dramatic show of force, executed without US casualties and framed as proof that American dominance in the Western Hemisphere is back. But once the dust settles, far bigger questions remain. What happens when a regime falls but the system behind it stays intact, and who takes responsibility for what comes next?

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The United States has pulled off a stunning operation in Venezuela, capturing longtime strongman Nicolás Maduro and bringing him to New York to face federal charges. For President Trump, it was a dramatic show of force, executed without US casualties and framed as proof that American dominance in the Western Hemisphere is back. But once the dust settles, far bigger questions remain. What happens when a regime falls but the system behind it stays intact, and who takes responsibility for what comes next?

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Ian Bremmer explains why the US capture of Nicolás Maduro marks a turning point for American power, and what the return of “the law of the jungle” means for global stability.

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Europe and South America finally agree to long-sought trade deal

It took more than 25 years, but the European Union and Mercosur, the South American common market, provisionally agreed to a free trade deal, eliminating tariffs on over 90% of each other’s exports. If it passes, it would create the largest free trade zone in the world and mark the largest trade agreement the EU has ever signed, opening the door to expanded trade in agriculture and food products. The deal includes a concession to European farmers, namely early access to €45 billion ($52 billion) in agricultural aid, though that wasn’t enough to ward off opposition from France and several other countries. First envisioned when the world was careening toward globalization, the agreement now represents a bulwark to the “Donroe Doctrine” and US President Donald Trump’s extensive tariffs.

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1,000: A civil war that has produced one of the world’s worst humanitarian crises reached a grim milestone today. One thousand days into the conflict in Sudan, over 150,000 people have been killed and 9 million uprooted across the country by the fighting..

584,000: The US economy added just 584,000 jobs in all of 2025, according to the Bureau of Labor Statistics estimates, the lowest number outside of recession years since 2003. The economy added 50,000 new roles in December, and unemployment dipped slightly to 4.4%.

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Twelve days ago, a protest over Iran’s deteriorating economy began at a market in Tehran, in what were then estimated to be the largest demonstrations in the country since 2022.

Since then, they have spread dramatically. People in over 100 cities and towns across the country have taken to the streets to vent their anger over a plunging Iranian rial and soaring inflation. The unrest has turned violent in places, with demonstrators blocking roads and setting fires in the streets of Tehran. The authorities have responded with a heavy hand. Forty-five people have been killed, including two members of security forces, amid clashes, according to the Norway-based Iran Human Rights NGO, and thousands have been arrested.

“The protests that occurred Thursday night in Tehran is maybe the largest march that city has seen since 2009, since the Green Movement,” said Eurasia Group’s Iran and energy expert Greg Brew, referencing the mass demonstrations that followed what many Iranians saw as a fraudulent presidential election.

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Think you know what's going on around the world? Here's your chance to prove it.

This week, Netflix pulled 27 episodes of a show over a map dispute. Which show is it?

  • A) Emily in Paris
  • B) Shine on Me
  • C) The Diplomat

Take the quiz to see if you guessed correctly!

Is China’s economic model reaching a breaking point?

In GZERO’s 2026 Top Risks livestream, Cliff Kupchan, Chairman of Global Macro at Eurasia Group, highlights mounting pressures on the Chinese economy.

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Listen: With the global order under increasing strain, 2026 is shaping up to be a tipping point for geopolitics. From political upheaval in the United States to widening conflicts abroad, the risks facing governments, markets, and societies are converging faster—and more forcefully—than at any time in recent memory.

To break it all down, journalist Julia Chatterley moderated a wide-ranging conversation with Ian Bremmer, president of Eurasia Group and GZERO Media, and a panel of Eurasia Group experts, to examine the findings of their newly-released Top Risks of 2026 report.

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