We have updated our Privacy Policy and Terms of Use for Eurasia Group and its affiliates, including GZERO Media, to clarify the types of data we collect, how we collect it, how we use data and with whom we share data. By using our website you consent to our Terms and Conditions and Privacy Policy, including the transfer of your personal data to the United States from your country of residence, and our use of cookies described in our Cookie Policy.
{{ subpage.title }}
U.S. Secretary of State Antony Blinken arrives at the Beijing Capital International Airport, in Beijing, China, April 25, 2024.
Blinken meets with Xi, but no breakthroughs
US Secretary of State Antony Blinken brought up concerns over China's support for Russia with his counterpart Wang Yi in Beijing on Friday, before meeting with Chinese President Xi Jinping. Blinken’s visit is largely meant to advance the mutual goal of stabilizing the relationship, and Xi said he wants to be "partners, not rivals" with the United States.
As Blinken landed in Shanghai for the first leg of his trip earlier this week, the Biden administration signed bills providing Taiwan with $8 billion in military aid and starting a process that could result in a ban of the popular video app TikTok in the US unless its Chinese owner, ByteDance, sells. The day before, the State Department released its annual human rights review, which criticized Chinese treatment of Muslim minorities.
Once he landed, Blinken pressed Shanghai Communist Party Secretary Chen Jining on treating US companies fairly. Meanwhile, he told students at NYU’s Shanghai campus that the cultural ties being built between both countries are of utmost importance.
Despite the many possible pratfalls during the first leg, China’s response has been fairly milquetoast. Spokesperson Wang Wenbin said, “We hope that the US side will respect the principle of fair competition, abide by WTO rules, and work with China to create favorable [trade] conditions.” Hardly “Wolf Warrior” stuff, and Wang said Friday that ties are “beginning to stabilize.”
Columbia & Yale protests: What campus protesters want
Ian Bremmer shares his insights on global politics this week on World In :60.
Why hasn't the United Nations insisted on military observers in Gaza?
Well, the United Nations doesn't really insist on things. And when they do, it's usually symbolic. Like they insist that humanitarian aid needs to get into Gaza and it doesn't happen. Or they insist that, there needs to be protections for the Palestinian civilians or that the Hamas needs to let go, release all of the illegally held hostages, and it doesn't go anywhere. So you can insist all you want. Also, keep in mind the Security Council would be vetoing that sort of thing because the US has a veto and they continue to use it on most Israel-Palestine related resolutions.
What specific demands are being voiced by campus protesters at institutions such as Columbia and Yale?
Well, I mean, the demands that got these protests started, are all about divestment of the endowments of these universities away from any corporations that do business in make money with Israel. Because of the view that the Israeli war in Gaza is wrong, the student protesters called it a genocide and that they want to end that. We've seen that kind of demand in Europe across the board. Not as much in the United States, at least not to this degree. Having said that, now that you also have students that have been suspended and arrested, surely the campus protesters are also saying those things need to be unwound. We're also increasingly seeing demands for university administrators, including presidents, to resign. So, I mean, the longer this goes, the harder it is to actually, accede to these student demands. And of course, the more polarized the environment on the ground in these universities become.
How will US aid package approval shake the dynamic of the Russia-Ukraine war?
Well, it makes it more likely that the Ukrainians can defend their front lines, at least for now. They had been losing some territory. Not a lot, but including one city. And the Russians are planning, with an additional mobilization, a new major offensive, probably end of spring, early summer. Ukrainians have a much better capability to hit back and stop the Russians from making gains there. They had been down to about 20% of the ammunition and artillery being fired against Russia, that the Russians were firing against Ukraine. This brings that back to parity through that offensive. What does this mean for 2025? Still, massive uncertainty and eventually a need to engage in negotiations with a much bigger Russia fighting an illegal war, an invasion with all these war crimes. Is that fair? No. But is that reality? Yes, absolutely. And any NATO leader you talk to privately recognizes that's where this is eventually going.
- Israel’s looming constitutional crisis: What’s the tech sector going to do about it? ›
- College campus watch: The chaos is spreading ›
- Campuses in crisis vs. Capitol Hill calm ›
- Crisis at Columbia: Protests and arrests bring chaos to campus ›
- How campus protests could influence the US presidential election - GZERO Media ›
Europe welcomes US Ukraine package, but pushes to add even more aid
Carl Bildt, former prime minister of Sweden, shares his perspective on European politics from Stockholm.
What's the European reaction to, finally, the decision by the US House of Representatives to give green light to military aid to Ukraine?
Well, obviously enormous satisfaction. We've been waiting for quite some long time. But it has to be said, however important this is, that it will take some time for it to reach the battle lines in the east of Europe. It's not enough. And, in the days before the US decision, that was a decision by the European head of state, the government, to increase European aid. There's already very substantial European aid packages there, of course, but more is needed primarily in the terms of our defense. Germany immediately decided to commit to further battery of Patriots. And, discussions are underway among European capitals to further Patriots and other deliveries that are necessary in order to, make certain to Mr. Putin that they will never win at some point in time, they simply have to cave back. And the last week was an important one.
What about the European aspirations of Georgia in view of the measures taken by its government?
Yeah, that's a big question. I mean, the Georgian government, a rather doubtful one, in my opinion, with this new foreign agents, Russian-inspired law against opposition is creating substantial doubts in European capitals, whether it was that wise to give the country candidate status. That has been done. But, let's see what happens now. It is certainly not going to be an issue of quick march for Georgia with the European Union in light of what we see happening in Tbilisi these days.
- Georgia’s parliament advances divisive foreign agents bill ›
- Russia invaded Georgia too, and it never left ›
- Tiktok ban and foreign aid to Ukraine, Israel, and Taiwan passes in the House ›
- Ian Explains: If the US steps back from Ukraine, can Europe go it alone? ›
- Why the US is sending aid to Ukraine, Israel, and Taiwan - GZERO Media ›
World Bank economist: The poorest are getting poorer globally
It’s a staggering statistic and a marked setback from the years before the COVID-19 pandemic—the world’s poorest countries are falling further behind, and the wealth gap between the least and most developed nations is growing. One in three of these countries is poorer today than in 2019.
Ayhan Kose, World Bank Group’s Deputy Chief Economist, said that the combined shocks of multiple crises, including the pandemic, wars in Ukraine and the Middle East, food insecurity, and inflation, have taken a massive toll on the 75 least developed economies.
Kose spoke to GZERO’s Tony Maciulis as the annual Spring Meetings of the World Bank and the International Monetary Fund were underway this week in Washington, DC.
“When the food price goes up, the price of oil goes up. That has significant implications for these economies,” he told GZERO. “Where we are now, when you look at 2020-24, they registered the weakest growth rate on average since the 1990s.”
In many ways, the global economic outlook presented this week tells a tale of two post-pandemic realities. Kose explained that the most developed nations, particularly the US, showed greater resilience than expected early in 2023, and the threat of recession has been kept at bay. However, the negative impacts on poor countries, many of which are in Sub-Saharan Africa, cannot be ignored and could lead to greater geopolitical risk and humanitarian emergencies.
This week, World Bank leaders are calling for a renewed commitment to the International Development Association (IDA), which provides zero-interest loans and grants to nations most in need. Kose said the risk associated with crippling sovereign debt has caused some private sector funding to dry up and that politics and protectionism are impacting how wealthier nations approach funding.
But he also pointed to enormous opportunity in nations that are IDA-funded, including a younger population that could serve as a future global workforce and rich natural resources.
With proper investment and funding, he explained, other developing countries have been lifted to find sustained growth.
“At the end of the day history is full of examples. China, India, Indonesia, Chile, (South) Korea. They all used to be IDA borrowers. They were poorer countries. They became much richer.”
For more of our 2024 IMF/World Bank Spring Meetings coverage, visit Glogal Stage.
- What We're Watching: Nigerians vote, Biden's World Bank pick ›
- What We’re Watching: Terror in Kyiv, World Bank/IMF meetings ›
- Podcast: Fix the global debt crisis before it's too late, warns World Bank's David Malpass ›
- Debt limits of rich countries hurt poor countries' growth, says World Bank's Malpass ›
- World Bank's David Malpass on global debt & economic inequality ›
- How to tackle global challenges: The IMF & World Bank blueprint - GZERO Media ›
File photo - Myanmar opposition leader Aung San Suu Kyi at National League at the Democracy (NLD) headquarters, address journalists and supporters in Yangon, Myanmar on April 2, 2012.
Hard numbers: Myanmar’s Aung San Suu Kyi moved to house arrest, Hugh Grant settles Sun case, Russian death toll in Ukraine, Boeing whistleblowers testify
3,000: Myanmar’s detained former leader Aung San Suu Kyi, 78, has been moved from prison to house arrest in a bid to protect her health amid severely hot weather. The junta also granted amnesty for more than3,000 prisoners to mark this week’s traditional Thingyan New Year holiday.
66 million:Hugh Grant says he has settled a high court claim against the publisher of TheSun newspaper, News Group Newspapers, for“an enormous sum of money.” Grant accused the paper of phone hacking, unlawful information-gathering, landline tapping, bugging his phone, and burgling his flat and office. His case was meant to go to trial alongside Prince Harry and other high-profile individuals next year. NGN, which has rejected any wrongdoing, said of the settlement with Grant that it was "in both parties' financial interests not to progress to a costly trial.” Last year, The Sun paid £66 million to victims of its illegal information-gathering.
50,000: Over50,000 Russian soldiers have died in the Ukraine conflict, with the death toll in the second year of fighting nearly 25% higher than the first, according to the BBC. BBC Russian, Mediazona, and volunteers focused on open-source information and new graves to conduct the count, and the total is eight times higher than Russia's official figures.
98.7: Multiple whistleblowers testified before a US Senate panel on Wednesday, alleging widespread manufacturing and safety issues within Boeing, as Congress and regulators try to hold Boeing accountable following a mid-air blowout on a 737 MAX 9 jet in January that reignited safety concerns. The whistleblowers alleged that the company failed 98.7% of the time to fill tiny gaps between components in the aircraft's fuselages, which could eventually cause fatigue failure. Boeing said that while it has taken “important steps to foster a safety culture that empowers and encourages all employees to raise their voice,” it knows there is “more work to do.”
FILE PHOTO: Ukrainian servicemen of the 28th Separate Mechanized Brigade fire a 120-mm mortar towards Russian troops at a frontline, amid Russia's attack on Ukraine, near the town of Bakhmut, Ukraine March 15, 2024.
Ukraine’s struggles multiply on the battlefield
Ukraine’s situation on the eastern front line has “significantly worsened,” wrote the country's top military commander, Oleksandr Syrskyi, on Saturday. Kyiv fears that Moscow might be planning an assault on Kharkiv, Ukraine’s second-largest city in the north-east, as well as a major attack in late spring or summer in the regions of Donetsk, Kherson, Luhansk, and Zaporizhzhia.
Simultaneously, the conflict is precipitatinga severe energy crisis, not just in Ukraine but across Europe. Andriy Kobolyev, former CEO of Ukraine’s Naftogaz, warned of spikes in European energy prices as Russian forces target Ukraine's energy infrastructure. “Russia is trying to wage a global energy war," Kobolyev stated, stressing the urgent need for weapons to defend energy assets. But this week, European nations rejected requests for more Patriot and SAMP/T air defense systems.
And the attacks keep coming, thanks to help from Beijing. China is reportedlysupplying Russia with crucial components for its defense equipment, enabling Moscow to ramp up production of missiles and drones. The US has asked Chinese firms to desist, but Beijing maintains it is not taking a side in the conflict, despite thecozy relationship between Chinese President Xi Jinping and Russian President Vladimir Putin..
British Foreign Secretary David Cameron holds a joint press conference with US Secretary of State Antony Blinken at the State Department in Washington, US, April 9, 2024.
Ukraine and Russia war over energy
UK Foreign Secretary David Cameron visited Washington on Tuesday to lobby for greater material US support for Ukraine, and Congress is likely to provide a package that includes help for Ukraine by the end of the month, according to analysis from Eurasia Group, our parent company.
The war, meanwhile, has settled into a grim exchange of attacks that are unlikely to speed an end to the fighting, but which target energy supplies. Russia continues to launch missiles against Ukraine’s energy infrastructure, and it has reportedly begun to prioritize targets like hydroelectric and thermal power stations outside Kyiv and other major cities that are less well-defended.
In response to the Russian barrage, the EU has announced that help is on the way. Austria, Germany, Sweden, and the Netherlands have offered 157 power generators as part of the EU Civil Protection Mechanism, and the EU itself has deployed 10 large-capacity power generators from its own stockpiles.
For its part, Ukrainian drones have repeatedly struck oil refineries deep inside Russian territory since the beginning of the year, and Russian air defenses haven’t yet found a way to defend against them.
Ukraine will define the future of NATO
Carl Bildt, former prime minister of Sweden, shares his perspective on European politics from Stockholm.
How is the role of NATO evolving now as the 75th anniversary of the organization coming up?
Well, it's going to be Ukraine that's going to be defining the future of NATO. Two issues most immediately: One, if NATO can take on a stronger role for coordinating military aid to Ukraine, that's been done so far by an ad hoc coalition and US support; there’s a proposal on the table for taking that over. The second is, of course, what Secretary General Jens Stoltenberg proposed on the day of the ministerial meeting in Brussels, to set up a very large fund for financing the military support in the years to come. We'll see how these two proposals evolve over the time period up until the Washington summit. And then there's, of course, the big issues of Ukraine membership.
How will the willingness of different countries to give military support be affected by what we've seen in terms of attacks on humanitarian aid in the last ten days?
Obviously, a negative impact, and a vivid debate, not least in the UK, over this decision. But I think most will be dependent upon how Israel will react, whether it will change its way of operating in terms of allowing humanitarian access of a sufficient quantity in and respecting the rights of humanitarian workers and truly respecting military law. Open questions, remains to be seen,