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Is the global economy finally on the right track?
How’s the global economy doing… really? When it comes to the world’s post-COVID recovery, it’s a tale of two economies: the United States and everyone else. On GZERO World, Ian Bremmer sits down with economist and author Dambisa Moyo for a hard look at the health of the world’s finances and the impact of geopolitical crises in Europe and the Middle East on trade flows and inflation.
Right now, US indicators are strong, but Germany and the UK are slipping into mild recessions, and China’s collapsing real estate sector, local government debt, and exodus of foreign investment is dragging the world’s second-largest economy into stagnation. Not to mention, Global South countries are holding record amounts of debt. So what does it all mean moving forward? Is the global economy still shaking off its post-Covid hangover or are some of these problems more entrenched?
“We need to be growing at 3% per year in order to double per capita incomes in a generation which is 25 years,” Moyo says, “Most of the global south is growing below that number, materially.”
Ian Bremmer and Dambisa Moyo unpack the confusing state of the global economy, China’s economic woes, and where they see the biggest potential for growth in developing economies during the next decade.
Catch GZERO World with Ian Bremmer every week at gzeromedia.com/gzeroworld or on US public television. Check local listings.
- China’s economy in trouble ›
- Ian Explains: Why China’s era of high growth is over ›
- Struggling for economic progress as global recession looms in 2023 ›
- Dambisa Moyo: Europe's energy transition needs more than a "band-aid solution" ›
- The unintended effect of US-China economic breakup ›
- What saved the global economy from another Great Depression? ›
- Global economy headed to a recession ›
- What geopolitics stories could still blow up the global economy? ›
Yuval Noah Harari explains why the world isn't fair (but could be)
In a wide-ranging conversation with Ian Bremmer, filmed live at the historic 92nd Street Y in NYC, bestselling author Yuval Noah Harari delves into the foundational role of storytelling in human civilization, the existential challenges posed by artificial intelligence, the geopolitical implications of the Ukraine war, and the most pressing questions of the Israeli-Palestinian conflict. Harari argues that unlike other species, humans have thrived on their unique ability to construct and believe in shared stories, which has underpinned the formation of societies, governments, and laws. However, this same capability has led to wars, inequality, and exploitation. “Humans don't fight over territory and food,” Harari tells Bremmer. They fight over imaginary stories in their minds."
Harari and Ian discuss the current global crises, including the wars in Ukraine and Gaza, as moments where humanity's collaborative superpower appears to falter. On the Ukraine war, he says that the implications of a Russian victory would spell the end of the global order as we know it. "We could already be in the midst of World War III that started on the 24th of February 2022 with the Russian invasion of Ukraine and we just don't know it yet."
They discuss AI's emerging role in creating and disseminating stories, which represents a new frontier. Harari warns that AI could eventually dominate the world's narratives, making democracy untenable and posing unprecedented challenges to both autocracies and democracies alike. "For the first time in history, we are losing power as a species at a very rapid pace, and similarly, we are also losing control of the stories that we believe."
He also specifically addresses the critical situation in Israel, criticizing government attempts to undermine democratic institutions and pointing to an ideological battle that risks altering the essence of Judaism and Israeli identity. Harari also stresses the importance of reconciling support for Palestinian rights with the defense of Israel's existence, challenging the narrative that these positions are inherently contradictory.
Catch GZERO World with Ian Bremmer every week online and on US public television. Check local listings.
- Modern antisemitism on the rise ›
- The surprising history of disaster ›
- Why do Black people feel "erased" from American history? ›
- Why human beings are so easily fooled by AI, psychologist Steven Pinker explains ›
- Steven Pinker shares his "relentless optimism" about human progress ›
- From CRISPR to cloning: The science of new humans ›
- Yuval Noah Harari: Netanyahu's 'Deep State' fears enabled Oct 7 attack ›
- Israel, Hamas and US in impasse over cease-fire deal - GZERO Media ›
Norway's PM Jonas Støre says his country can power Europe
Norwegian Prime Minister Jonas Støre is optimistic about his country’s progress in the global energy transition, particularly regarding the pivot from reliance on fossil fuels to a broader adoption of renewable energy sources. And given Norway’s increased importance in supplying Europe with energy, the transition could not come a moment too soon. “I think the energy transition is happening... For the first time you have written down in text all agreeing that there will be a transition out of fossil fuels,” Støre tells Ian in a wide-ranging interview for GZERO World on the sidelines of the Munich Security conference. Støre extolls the significant strides being made despite the prevailing geopolitical tensions and environmental challenges.
Støre points out the collaborative spirit of the international community, which he witnessed at COP 28. The Prime Minister emphasizes the importance of market incentives, technological innovation, and political will in driving these changes. “You cannot make it unless you make the market economy be at the service of the transition." Støre and Ian also touch on the need for a loss and damages fund to support the countries most affected by climate change, underscoring the ongoing efforts to provide financial mechanisms for environmental preservation and sustainable development.
Watch full episode: Solving Europe's energy crisis with Norway's power
Catch GZERO World with Ian Bremmer every week online and on US public television. Check local listings.
Norway's school phone ban aims to reclaim "stolen focus", says PM Jonas Støre
Sometimes the best ideas are the ones that seem obvious in retrospect. In recent weeks, Norway's government has made a concerted push to ban smartphones and tablets from classrooms nationwide. Norwegian Prime Minister Jonas Støre explains his administration's radical move, which Education Minister Kari Nessa Nordtun has spearheaded, to Ian Bremmer in a wide-ranging conversation on the sidelines of the Munich Security Conference.
Their interview is featured in the latest episode of the show GZERO World on US public television stations nationwide (check local listings). Bremmer and Støre's discussion focuses primarily on Norway's energy transition and NATO, but towards the end of the conversation, they talk about schools and screentime and the remarkable benefits so far.
"We see students have started to play in the breaks [recess]. The girls say, 'We can finally take a shower after the gym. We are not afraid anymore to be photographed.' And there's a completely different level of social interaction."
This move, Støre explains, reflects a broader effort in Norway to prioritize community well-being and address the effects of the digital age on children's development, including declining reading abilities. And it's not just children who benefit from less screen time, he adds, but adults as well. And it's a decision, Støre explains, that other governments across Europe and the world could also do well to implement.
Watch the full interview on GZERO World with Ian Bremmer on public television beginning this Friday, March 1. Check local listings.
Greece's PM on NATO, Navalny, and the wake-up call to Europe
Greece, the world’s oldest democracy, is undergoing a major digital, economic, and social transformation era. Ian Bremmer sat down with Greek Prime Minister Kyriakos Mitsotakis on the sidelines of the Munich Security Conference to discuss global security, the threat of AI in elections, and Greece’s landmark ruling allowing same-sex couples to marry.
With the two-year anniversary of Russia’s invasion of Ukraine looming large, Mitsotakis stressed the importance of continuing to send financial and military aid to Kyiv and for Europe to increase its own defense spending. NATO allies have committed to spending at least 2% of their GDP on defense, but only 18 of the 31 NATO countries currently meet this goal. Mitsotakis says it’s high time for all NATO countries to step up.“We do our part as Greece, we spend more than 3% of our GDP on defense,” Kyriakos emphasized, “Just taking a look at what's happening in Ukraine, we cannot afford the same risks.”
Kyriakos also explains why it was important for Greece to participate in the unveiling of a major new tech accord aimed at combating AI-generated election misinformation at the conference and why his center-right government pushed hard to pass the recent landmark LGBTQ+ rights bill granting marital and adoption rights to same-sex couples.Watch full episode here: Can Ukraine win the war?
Catch GZERO World with Ian Bremmer every week online and on US public television. Check local listings.
- Why Greek PM Mitsotakis pushed for same-sex marriage despite strong opposition ›
- Mitsotakis wins big in Greece ›
- Greece's PM answers: Are refugees becoming geopolitical pawns between Greece and Turkey? ›
- Russia-Ukraine: Two Years of War ›
- As Russia balks, NATO might gain two strong Nordic recruits ›
- The Graphic Truth: How NATO absorbed its old foes ›
- NATO bares its teeth ›
- Everything is political™: Ancient sculptures edition ›
Can Ukraine win the war?
Are NATO allies as united in their support for Kyiv as they were when Russia began its invasion of Ukraine two years ago? That was the question at the top of everyone’s minds at the Munich Security Conference, where world leaders gathered to discuss the biggest challenges to global security. On GZERO World, Ian Bremmer sat down with Deputy Secretary General Mirceǎ Geoana on the sidelines of Munich to discuss the ongoing war in Ukraine and what the conflict means for the future of the NATO alliance.
“Ukraine is more than Ukraine, and Ukraine is more than European security,” Geoanǎ explains, “Ukraine is an indicator of the willingness and the capacity of the West to be able to cope with challenges coming from China or anywhere else.”
Geoanǎ also called the recent death of Alexei Navalny a “wake-up call” for the West and challenged President Trump’s recent comments about allowing Russia to invade NATO countries that don’t meet the target of spending 2% of GDP on defense. While he admits Europe could do better, he points out that NATO allies are well above the 2% target on aggregate due to heightened security concerns in former Soviet countries and the Baltics.
“In the end, this alliance, [which will celebrate] 75 years in the next few weeks, will be as indispensable to America and to all of us like it’s been since the inception,” Geoanǎ says.
Catch GZERO World with Ian Bremmer every week online and on US public television. Check local listings.
Why Greek PM Mitsotakis pushed for same-sex marriage despite strong opposition
On GZERO World, Ian Bremmer asked Greek Prime Minister Kyriakos Mitsotakis for his reaction to Greece becoming the first Orthodox Christian country to legalize same-sex civil marriage. Greece’s parliament voted 176-76 to approve the legislation, which also legalizes adoption for same-sex families, despite opposition from the influential Greek Orthodox Church and from within Mitsotakis’ own center-right New Democracy party.
“I knew from the beginning that there are a lot of people within my party that did not agree with this,” Mitsotakis tells Bremmer, “But at the end of the day, human rights is about protecting smaller groups. Otherwise, you have the tyranny of the majority.”
Marriage legalization is a watershed moment for Greece’s LGBTQ+ community, which has been fighting for equal rights and recognition for decades. While opinion polls suggest that most Greeks support the new reform by a narrow margin, the conservative Orthodox Church is still a powerful force in Greek society. That, Mitsotakis explained, is why consensus-building was crucial for passing legislation.
“We worked very hard to explain to people what we’re doing, and we fully respected those who disagreed,” Mitsotakis said, “People understand it’s something that helps a few people and doesn’t threaten anyone, that’s why it’s so important.”
Catch GZERO World with Ian Bremmer every week online and on US public television. Check local listings.
- The Parthenon Marbles dispute and the debate over cultural repatriation ›
- The Graphic Truth: LGBTQI identification vs. social acceptance ›
- Catholic priests can now bless same-sex couples, with a big caveat ›
- The Graphic Truth: Worlds apart on LGBTQ rights ›
- The times they are a-changin’ – is the Catholic Church? ›
- Greece’s “lost generation” election ›
- Greece's PM answers: Are refugees becoming geopolitical pawns between Greece and Turkey? ›
- Greece will soon head to the polls again ›
- Greece's PM on NATO, Navalny, and the wake-up call to Europe - GZERO Media ›
Navalny's death is a huge loss for democracy - NATO's Mircea Geona
Alexei Navalny's death is a huge loss for the democratic world and for Russians, says NATO Deputy Secretary General Mircea Geoana. Ian Bremmer was interviewing Geoana at the Munich Security Conference when news of Russian opposition leader Navalny’s death broke.
News broke early Friday that Russian dissident Alexei Navalny – a vocal critic of President Vladimir Putin – has died in prison. “On 16.02.24 in the correctional colony number three, convict Navalny felt ill after a walk almost immediately losing consciousness,” the Federal Penitentiary Service for Yamal said in a statement, noting that emergency services were unable to revive him.
This interview is part of our upcoming GZERO World with Ian Bremmer episode on the second anniversary of Russia’s invasion of Ukraine.
Catch GZERO World with Ian Bremmer every week online and on US public television. Check local listings.
- Putin critic Alexei Navalny dies in prison ›
- Santa's newest neighbor: Navalny's Arctic transfer aims to ice out opposition ›
- What happens if Alexei Navalny dies? ›
- Putin's gulag gamble with Navalny ›
- “A film is a weapon on time delay” — an interview with “Navalny” director Daniel Roher ›
- Understanding Navalny’s legacy inside Russia - GZERO Media ›
- Tracking anti-Navalny bot armies - GZERO Media ›