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Venezuela after Maduro with Sen. Gallego and Frank Fukuyama



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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Venezuela after Maduro and Trump unleashed

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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What We’re Watching: The kings of soccer make a trade deal, Venezuela’s Machado to meet Trump, Moscow sends message to Europe

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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Hard Numbers: Sudan’s brutal civil war reaches another dark milestone, US economy adds few jobs, Wildfires spread in Australia, Venezuela releases political prisoners

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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Rising protests test Iran’s regime

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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You vs. the News: A Weekly News Quiz - January 9, 2026

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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1 million: Russian drone strikes crippled energy infrastructure in southeast Ukraine overnight, leaving over one million people in Dnipropetrovsk without heat or water in the dead of winter. Electricity supplies were also disrupted for thousands more people in neighboring Zaporizhzhia.

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Yemeni separatist leader flees, exacerbating UAE-Saudi Arabia tensions

Yesterday, we reported that Yemen’s civil war is exposing tensions between the UAE and Saudi Arabia. The bad blood looks set to get worse, after the UAE – according to the Saudis – helped the separatist Southern Transitional Council leader Aidarous al-Zubaidi flee to Somaliland, an autonomous region of Somalia, before taking him to Abu Dhabi. Meanwhile, Saudi-backed Yemeni forces reportedly regained ground in Aden, the war-time capital of Yemen. The transfer of al-Zubaidi comes after the Saudi-backed Yemeni government recommended charges of high treason against him. Separately, the use of Somaliland for al-Zubaidi’s escape also suggests that a new alliance is budding between the UAE, Yemeni separatists, Somaliland, and Israel, underscoring how Yemen’s civil war is reshaping regional politics.

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Three years ago today, supporters of former Brazilian President Jair Bolsonaro stormed Congress and other buildings in the capital of Brasília in a violent attack often compared with the Jan. 6, 2021, assault on the US Capitol. Both events centered on claims that national elections had been “stolen,” but they produced very different outcomes for the far-right leaders linked to them.

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The number of Japanese births is set to hit its lowest level since record-keeping began over 100 years ago. Demographic experts believe there will be fewer than 670,000 newborns in 2025, falling short of even the government’s most pessimistic targets. The decline poses a challenge for Japan’s Prime Minister Sanae Takaichi as she tries to balance economic growth and restrictions on immigration. Falling birth rates are a trend particularly pronounced in East Asia: in South Korea, the population is expected to fall by two-thirds in the next century, while China’s will be cut in half.

How will energy shape global power in 2026 and beyond?

In GZERO’s 2026 Top Risks livestream, Gerald Butts, Senior Advisor at Eurasia Group, breaks down the growing US-China competition for energy dominance.

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2026 is a tipping point year. The biggest source of global instability won’t be China, Russia, Iran, or the ~60 conflicts burning across the planet – the most since World War II. It will be the United States. That’s the throughline of Eurasia Group’s Top Risks 2026 report: the world’s most powerful country, the same one that built and led the postwar global order, is now itself actively unwinding it, led by a president more committed to and more capable of reshaping America's role in the world than any in modern history.

Last weekend offered a preview. After months of escalating pressure – sanctions, a massive naval deployment, a full oil blockade – US special forces captured Venezuelan strongman Nicolás Maduro in Caracas and flew him to New York City to face criminal charges. A dictator removed and brought to justice with no American casualties, it was President Donald Trump's cleanest military win on the global stage.

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