Skip to content
Search

Latest Stories

popular

What We're Watching: Bennett throws in the towel in Israel, Petro wins in Colombia, Macron loses majority in France

What We're Watching: Bennett throws in the towel in Israel, Petro wins in Colombia, Macron loses majority in France

Israeli PM Naftali Bennett speaks next to Foreign Minister Yair Lapid at the Knesset in Jerusalem.

REUTERS/Ronen Zvulun

Israel faces fifth election in three years

Israelis are headed to the polls, again, for the fifth time in just over three years. After almost two months of being on the brink of collapse following a number of high-profile defections that made it lose its parliamentary majority, the fragile eight-party coalition government led by PM Naftali Bennett is set to disband. In the coming days, Bennett and his main coalition partner, Foreign Minister Yair Lapid, intend to dissolve the Knesset (parliament) and call a fresh election in October or November. Lapid will serve as caretaker PM once Bennett steps down, but Bennett will retain the Iran portfolio as part of the power-sharing agreement. Former PM Benjamin “Bibi” Netanyahu, who now heads the opposition, celebrated the demise of an unwieldy government whose members could pretty much only agree that they didn't want him as prime minister. Bibi, for his part, is (surprise!) gunning for a return to power despite being on trial for corruption. Will his rightwing Likud Party win enough seats and allies to cobble together a majority to form a government, or will Israel's political deadlock continue with no end in sight?


Colombia lurches left

For the first time in its history, South America’s third-largest economy will have an avowed leftist as president. Gustavo Petro, the former mayor of Bogota who was a guerrilla rebel in his youth, won the presidency decisively on Sunday, defeating upstart real-estate tycoon Rodolfo Hernández by more than 700,000 votes. Petro finally got lucky in his third run for president by promising big changes to a country wracked by the economic impacts of the pandemic, rising violence, and two recent waves of protests over inequality. He has pledged to redistribute wealth, wean the country off of oil and coal exports, and build a more inclusive society in one of the world’s most unequal countries. His running mate, Francia Márquez, becomes the first vice president of African descent in South America. When he takes office in August, Petro will immediately face stiff resistance from the country’s conservative business and political elites and will have to work hard to broaden his coalition in a fractious congress where he does not hold a majority. He may also encounter pushback from the US, Colombia’s closest ally, over his plans to legalize certain drugs, revise the US-Colombia free trade pact, and normalize ties with Venezuela.

Macron’s agenda hits major snag

Whiplash alert in French politics. Two months after getting re-elected as president, Emmanuel Macron saw his party lose its parliamentary majority by a bigger-than-expected margin in Sunday's second round of legislative elections. Macron's centrist Ensemble (Together) Party secured only 245 seats, not even close to the 289 it needed for a majority in the National Assembly. Nupes, a progressive coalition led by the far-left presidential candidate Jean-Luc Mélenchon, came in second with 131, while Marine Le Pen's far-right National Rally got its best result ever with 89 seats. What does this mean for Macron, and for the country? The French president will now need the support of establishment conservatives to advance his reform agenda, because both Mélenchon and Le Pen oppose his plans to boost the government’s financial health by pushing the standard retirement age from 62 to 65, on top of more basic reforms meant to cut public spending and help businesses weather tough economic times. "France now faces the prospect of a period of prolonged political instability — with a war raging in Ukraine and the growing threat of an economic downturn at home," tweeted Eurasia Group's top Europe analyst Mujtaba Rahman.

Note: The original version of this article incorrectly listed the Israeli government coalition as having seven parties, not eight.

More For You

French President Emmanuel Macron, German Chancellor Friedrich Merz, Ukrainian President Volodymyr Zelenskiy, U.S. Special Envoy Steve Witkoff and businessman Jared Kushner, along with NATO Secretary-General Mark Rutte and otherEuropean leaders, pose for a group photo at the Chancellery in Berlin, Germany, December 15, 2025.

French President Emmanuel Macron, German Chancellor Friedrich Merz, Ukrainian President Volodymyr Zelenskiy, U.S. Special Envoy Steve Witkoff and businessman Jared Kushner, along with NATO Secretary-General Mark Rutte and otherEuropean leaders, pose for a group photo at the Chancellery in Berlin, Germany, December 15, 2025.

Kay Nietfeld/Pool via REUTERS
The European Union just pulled off something that, a year ago, seemed politically impossible: it froze $247 billion in Russian central bank assets indefinitely, stripping the Kremlin of one of its most reliable pressure points. No more six-month renewal cycles. No more Hungarian vetoes. The money stays locked up, full stop.Turns out that was the [...]
​US President Donald Trump, Ukrainian President Volodymyr Zelensky, German Chancellor Friedrich Merz, French President Emmanuel Macron, UK Prime Minister Keir Starmer, Italian Prime Minister Giorgia Meloni, Finland's President Alexander Stubb, NATO Secretary General Mark Rutte and European Commission President Ursula von der Leyen at the White House in Washington, D.C., USA, on August 18, 2025.

US President Donald Trump, Ukrainian President Volodymyr Zelensky, German Chancellor Friedrich Merz, French President Emmanuel Macron, UK Prime Minister Keir Starmer, Italian Prime Minister Giorgia Meloni, Finland's President Alexander Stubb, NATO Secretary General Mark Rutte and European Commission President Ursula von der Leyen pose for a family photo amid negotiations to end the Russian war in Ukraine, at the White House in Washington, D.C., USA, on August 18, 2025.

REUTERS/Alexander Drago
– By Lindsay NewmanAs his second term came into view, US President Donald Trump put the world on notice that the administration many had been preparing for may not be the one it would be getting. Promising a “golden age of America,” Trump laid out an ambitious agenda. “America First” would no longer be an isolationist story, but an aspirational [...]
The Top Risks of 2026 | Ian bremmer & Eurasia Group | A GZERO Media Live Event | Monday, January 5 | 12 pm | gzeromedia.com/toprisks
Of all the threats to the world, what are the top 10 most urgent global risks for 2026? On Monday, January 5, at 12 pm ET, join us for a livestream discussion with Ian Bremmer and global experts to discuss the Top Risks of 2026 report from Eurasia Group. This report will mark 20 years of Ian Bremmer’s annual forecast of the political risks that [...]
Europe takes control of Ukraine’s future
- YouTube
Ian Bremmer explains a major shift in the Ukraine war: Europe, not the United States, is now driving the strategy.The EU has agreed to indefinitely freeze $247 billion in Russian assets, unlocking Belgian support for a nearly $200 billion loan to Ukraine. This guarantees Kyiv enough funding to continue fighting for years, regardless of what [...]