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Palestinian children look at rubble following Israeli forces' withdrawal from the area, after Israel and Hamas agreed on the Gaza ceasefire, in Khan Younis, in the southern Gaza Strip, October 10, 2025.
What We’re Watching: Gaza ceasefire begins, Venezuela’s opposition wins Nobel, Peru’s president ousted
Gaza ceasefire deal takes effect
Israel approved the Gaza ceasefire deal on Friday morning, bringing the ceasefire officially into effect. The Israeli military must withdraw its forces to an agreed perimeter inside Gaza within 24 hours, and Hamas has 72 hours to return the hostages. Trump is on his way to the region this weekend, after revealing that a major factor for why Hamas agreed to the deal was because he personally guaranteed that the US would prevent Israel from abandoning the agreement and resuming war – as it did in March when it unilaterally broke a ceasefire. Part of that guarantee includes a US-led military task force to oversee the ceasefire, alongside Trump’s word on the line.
Venezuela’s opposition leader wins Nobel Peace Prize
Venezuelan opposition leader María Corina Machado has won the Nobel Peace Prize for her work to promote democracy and fight against Nicolas Maduro’s dictatorship. Machado has created strong relationships with the Trump administration in support of her cause, and the recognition bolsters her moral authority as the US intensifies regime-change efforts against Maduro. See Riley Callanan’s interview with Machado earlier this year here, or watch her appearance on GZERO World here.
Peru’s impeachment tradition continues
Peru’s congress removed President Dina Boluarte on Friday. Boluarte, who came to power after her predecessor was sacked in 2022, was removed amid a spiraling crime wave, anger over her crackdowns on protestors, and allegations of corruption. One of the least popular leaders in the world, with an approval rating below 4%, she is the third Peruvian president impeached in just five years. Congress chief José Jeri has taken over as interim leader, vowing a “war on crime.” He must hold scheduled elections next spring.
Venezuela's opposition leader: Maduro's regime "is not a conventional dictatorship
"This is not a conventional dictatorship. Venezuela has been turned into the criminal hub of the Americas." Venezuelan opposition leader María Corina Machado warns that under Nicolás Maduro, the country has become a haven for drug cartels and terrorist groups. "Networks of smuggling, even women and children being used for prostitution—this is dramatic," she says, emphasizing that Venezuela’s deepening ties to transnational crime threaten the entire Western Hemisphere.
Machado argues that stopping Maduro requires more than diplomacy—it demands cutting off the regime’s illicit revenue streams. She points to the recent revocation of US oil sanctions relief as proof that international pressure is working. "That's precisely what's starting to happen right now," she notes, adding that fractures within Maduro’s power structure are emerging. But she insists more must be done: "Those that today torture, disappear, and kill Venezuelans must get it very clear that they will be held accountable." For Machado, the goal is not just to weaken Maduro but to push for a peaceful, democratic transition.
Watch full episode: Can Venezuela's opposition leader unseat Nicolás Maduro?
GZERO World with Ian Bremmer, the award-winning weekly global affairs series, airs nationwide on US public television stations (check local listings).
New digital episodes of GZERO World are released every Monday on YouTube. Don't miss an episode: subscribe to GZERO's YouTube channel and turn on notifications (🔔).GZERO World with Ian Bremmer airs on US public television weekly - check local listings.
Has China lost patience with Venezuela's Maduro regime?
China once poured untold billions into Venezuela’s oil industry, but opposition leader María Corina Machado says that era is over. “China was producing around 70,000 barrels a day in Venezuela in 2016. Today, that's less than 40,000,” she tells Ian Bremmer on GZERO World. The reason? “China does not want to deal with a profoundly corrupt, inept tyranny such as Maduro. They know him very well.” She argues that fears of China stepping in to rescue Maduro are misplaced; Beijing has already learned its lesson.
For investors, Venezuela is a dead zone. “Would you lend to a country that ranks literally last in the world for rule of law?” Machado asks, citing the World Justice Project’s assessment of 142 nations. Despite holding the world’s largest oil reserves, Venezuela’s economy remains in ruins because, as she puts it, "you cannot develop resources under communism, crime, and dictatorship." But she insists that Venezuela is ready for change: “We know what we have to do in the first 100 days—guarantee security, restore basic services, and open markets.” The country, she says, is waiting for its chance to rebuild.
Watch full episode: Can Venezuela's opposition leader unseat Nicolás Maduro?
GZERO World with Ian Bremmer, the award-winning weekly global affairs series, airs nationwide on US public television stations (check local listings).
New digital episodes of GZERO World are released every Monday on YouTube. Don't miss an episode: subscribe to GZERO's YouTube channel and turn on notifications (🔔).GZERO World with Ian Bremmer airs on US public television weekly - check local listings.
Venezuelan opposition presidential candidate Edmundo Gonzalez and Venezuelan opposition leader Maria Corina Machado greet supporters during a campaign rally for the presidential election in Valencia, Carabobo State, Venezuela, July 13, 2024.
Meet Venezuela’s Edmundo González
Who is Edmundo González? He’s the opposition candidate with a chance, at least on paper, to unseat strongman President Nicolás Maduro in this weekend’s Venezuelan election. It’s a surprising position for this 74-year-old former diplomat who has never run for office and was virtually unknown to Venezuelans a few months ago. It’s more surprising that polls show him running ahead of Maduro.
But in a sense, Edmundo González is María Corina Machado, who won more than 90% of the vote in an open opposition primary in late October. Maduro-aligned judges on Venezuela’s supreme court then ruled her ineligible for election. After Machado’s first chosen replacement was also banned, she turned to the soft-spoken González, whose deliberately anodyne campaign message is that all Venezuelans must “come together.”
Meanwhile, it’s Machado on the campaign trail working hard to get out the vote while González remains safely on the sidelines. A vote for González is a vote for the popular Machado.
In the end, none of these opposition gymnastics are likely to matter. Maduro will almost certainly rig the election to stay in power, and it appears the military remains on his side. But this weekend’s vote is still one to watch.
For more on this weekend’s election, check out GZERO’s Viewpoint interview with Eurasia Group expert Risa Grais-Targow here.