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Succession Session

Succession Session

When you rule over more than a billion people, the question of if, when, and how you leave power — or don’t — is naturally a big one, but Xi Jinping isn’t the only leader whose succession plans carry strong intrigue. Here’s what’s on your mind if you’re…


Russian President Putin: the constitution says time’s up when your next term ends in 2024. You could change it, but you’ve always pedantically fixated on the letter of the law (spirit of same, less so…) The last time you ran into term limits you swapped places with a human seat-warmer rather than mess with the constitution. You could designate a successor, but who could you trust to protect your interests without eclipsing your power? In a country where even the speaker of the legislature has said “If there is no Putin, there is no Russia,” this question will hang over every major decision in Russia for the next six years.

Saudi Arabia’s King Salman: you’ve groomed your 32-year-old son, Mohamed bin Salman, to succeed you, sidelining older members of the family who thought they were in line for the throne. MBS, as he’s known, has proposed radical social and economic reforms and tenderly jailed much of the elite in a bid to secure loyalty ahead of his coronation. Will the succession open the way to much-needed reforms, or will it provoke destabilizing internal frictions?

Kazakhstan’s President Nursultan Nazarbayev: you’ve run oil-rich Kazakhstan with a strong hand since even before the Soviet Union collapsed, but you’ll be turning 78 this summer so you’ve got to think about what comes next. You’ve deftly balanced relations with China, Russia, and the United States — will your successor be able to pull off the same trick?

German Chancellor Angela Merkel: Ok, you aren’t a strongman like the others on this list, but after 13 years dominating German politics, nearly half of your people recently said it’s time to bid you Aufwiedersehen. Luckily, your CDU party overwhelmingly approved your preferred successor, Annegret Kramp-Karrenbauer, as its new leader just yesterday. But your rare combination of political skill, personal probity, and steely ambition are a tough act to follow. Can “mini-Merkel” fill your shoes, or will your legacy of stability be remembered as a prelude to troubles in Germany?

Meet Alessandra Cominetti, a recipient of MIT Technology Review Magazine's Innovators Under 35 award. As a lab technician at Eni's Research Centre for Renewable Energy in Novara, Alessandra has devoted her career to finding new solutions and materials to optimize solar energy. Much like the serendipitous encounter that resulted in her employment, her eagerness and willingness to try new things allowed her to stumble upon a material for the creation of portable solar panels.

Watch her remarkable story on the latest episode of Faces of Eni.

Joe Biden has vowed to radically change the US' approach to foreign policy and international diplomacy should he win next week's election.

But a lot has happened in four years under Donald Trump that could impede Biden's ability to simply return to the status quo ante. How different would US foreign policy really be under a Biden presidency? What will the two-term former vice president likely be able to change, and what's bound to remain the same, at least for now?

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Kevin Sneader, Global Managing Partner at McKinsey & Company, provides perspective on what corporate business leaders are thinking during the global coronavirus crisis

Should big business care about small business in these times?

The answer is yes and for many reasons. First, small business is the lifeblood of our economies. 45% of employment in emerging countries and 70% in the OECD comes from small and medium enterprises. Moreover, these enterprises have been badly hit by the crisis. Surveys indicate as many as 50% of European small to medium enterprises feel they may not survive over 12 months. While SMEs are relying on government support, larger companies do have a role to play. After all, this includes prioritizing small business and procurement by locking in demand for multiple years, thus facilitating access to good credit, paying receivables to small business in time and where possible, ahead of schedule. Cash flow matters most when you're small. Looking out for small businesses that have lower resilience. For example, financial institutions can lend more and in doing so, ensure deeper customer relationships in the future.

In his latest Financial Times op-ed, Martin Wolf argues that the US global role is at stake in this election and that a Trump re-election would undo America's legacy of democratic leadership in the world. Ian Bremmer and Eurasia Group's Jeffrey Wright grabbed the Red Pen to argue that a Trump presidency exists in part because of Americans' rejection of the US's post-war leadership role, and these feelings run deeper than the article suggests.

Today, we're taking The Red Pen to a recent op-ed published in The Financial Times from my good friend, the chief economics commentator Martin Wolf. Martin argues the global role of the United States is at stake on November 3rd, and that a Trump reelection would undo America's legacy of democratic leadership in the world. There's been a lot of this sort of thing recently. I know, we did it once, but if we do it twice, it's all over and I'm not there. To be clear, we don't totally reject what Martin is presenting in this piece. Rather, we'd argue that a Trump presidency exists because there were feelings that were present in the United States before he came along and they run a lot deeper than the article suggests. In other words, it's really not all about Trump.

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"The top priority will be to announce to the world that the United States they've known for decades is back." Former top Obama diplomat and current CEO of the think tank New America Anne-Marie slaughter predicts an American revival on the global stage if Joe Biden wins the presidency. But at a time when the United States has never been more divided, can any nation, even the world's most powerful, be a global leader if it cannot even keep its own house in order? Ian Bremmer's conversation with Slaughter is part of a new episode of GZERO World.

Watch the episode: How a "President Biden" could reshape US foreign policy

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