Ian Bremmer shares his insights on global politics this week on World In 60 Seconds.

Can new Prime Minister Rishi Sunak fix the United Kingdom?

No. Fix is aggressive. Right? But can he stabilize it? I think he can move in that direction, certainly not in the next few months because you know the economic crisis is real. The hole is deep. Energy prices are massive, and the UK's not prepared for it. But the orientation of UK fiscal policy is going to be very much more in line with what the markets want. They have been punishing the UK and Liz Truss dramatically from all of these. The giveaways that were being planned, many to the rich, and none of which were going to be funded. A more constrained fiscal environment is what Rishi is going to be putting in place. Of course, the UK population may not be happy about that at all. What he can do for his own future and the Conservative Party is a much bigger hole, frankly, than where the UK is going.