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Ian Bremmer takes a look at the week's top stories in geopolitics.

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After Austrian Chancellor Nehammer's meeting with Putin, will more peace talks become possible? Is Shanghai's lockdown a humanitarian crisis? With the US inflation rate rising to 8.5%, what will happen if imposing further sanctions against Russia? Ian Bremmer shares his insights on global politics this week on World In :60.

After Austrian Chancellor Nehammer's meeting with Putin, will more peace talks become possible?

Was the first time a foreign leader from Europe actually met Putin in person in the seven weeks since the war has occurred. Did not go anywhere, no optimism, lots of war crimes, and the Russians are sending more troops into the Donbas as we speak. It seems pretty clear that Putin intends to declare victory. And before that happens, it is hard to imagine any utility of further negotiations. Doesn't mean you can't try. But I think we have to wait, frankly, until the military situation on the ground plays out more fully and then perhaps we might be able to get some form of frozen conflict or ceasefire. That's kind of where we are right now.

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