Skip to content
Search

Latest Stories

popular

What We're Watching: Hungarian holdout, hope in Shanghai, US troops return to Somalia

What We're Watching: Hungarian holdout, hope in Shanghai, US troops return to Somalia

Hungary's Prime Minister Viktor Orban and European Commission President Ursula von der Leyen during their meeting in Budapest.

Reuters.

Is Hungary holding the EU “hostage”?

The European Commission is pushing hard for a bloc-wide ban on Russian oil imports. But one member state — Hungary — has gone rogue and is holding up the embargo. At a meeting of EU foreign ministers on Monday, Lithuania’s representative accused Hungary of holding the bloc “hostage,” after PM Viktor Orbán demanded that Brussels dole out hundreds of millions of dollars to offset losses from moving away from cheap Russian fossil fuels. Orbán is buddies with Vladimir Putin and has been trying to expand Hungary’s economic relationship with the Kremlin in recent months, so he is driving a hard bargain, saying that ditching Russian oil would be an “atomic bomb” for his country’s economy. Landlocked Hungary relies on Russia for around 45% of its total oil imports, and finding alternative sources could lead to shortages and price hikes at a time when Hungarians are already grappling with sky-high inflation. Still, Brussels says Budapest is being greedy because Hungary has already been given a longer window — until the end of 2024 — to phase out Russian imports. But Orbán is hoping to get more concessions ahead of a big EU summit on May 30, when the bloc aims to find a political solution to this stalemate.


Shanghai’s June bloom

Officials in China’s most populous city say they are planning for life to return to normal by June 1 following a draconian COVID lockdown that has kept most of Shanghai’s 26 million residents cooped up since early April. China’s zero-COVID policy, which imposes harsh restrictions in response to even the smallest outbreaks of the virus, has wreaked havoc not only on the lives of tens of millions of people in Shanghai and other Chinese cities but on global supply chains too. When the world’s second-largest economy buys and makes fewer things, the world quickly feels it. Public health experts, including the head of the World Health Organization, have said that zero-COVID is unsustainable due to the high transmissibility of omicron, but Beijing remains unmoved. Given the low vaccination rates among China’s elderly (and most vulnerable) population and questions about the efficacy of Chinese-made jabs more broadly, researchers warn that if omicron were left to spread freely in China, more than 1 million people could die in the coming months. That’s something that Xi Jinping seems keen to avoid ahead of this fall’s 20th Party Congress, where he’s aiming to be re-“elected” to an unprecedented third term as party boss and president. Will Shanghai soon find a way out of lockdown, and will the city become a model for other Chinese urban centers looking to get back to normal?

US troops return to Somalia

The Biden administration has approved a Pentagon request to redeploy US troops to conflict-ridden Somalia. This comes less than two years after the Trump administration withdrew almost all 700 US ground troops from the East African nation as part of a broader effort to pull back from “forever wars” in faraway places. Fewer than 500 troops will be stationed in Somalia, according to the US Department of Defense, which says that since Trump’s pullback, al-Shabab — a militant group loosely aligned with al-Qaida — has expanded its reach across the country. As part of Washington’s new counterterrorism mission, President Joe Biden has also reportedly authorized the targeting of al-Shabab leaders. It remains unclear, however, whether this will allow the US military to conduct airstrikes inside Somalia. Hassan Sheikh Mohamud, Somalia’s newly tapped president, welcomed the US’ return, but many Americans who supported Biden’s pledge to end US involvement in foreign conflicts might not feel the same way, particularly given the symbolism associated with the previous (and disastrous) US presence in Somalia.

More For You

​Women prepare a makeshift memorial in tribute to Iran's late Supreme Leader Ayatollah Ali Khamenei on a street, after he was killed in Israeli and U.S. strikes on Saturday, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 4, 2026.

Women prepare a makeshift memorial in tribute to Iran's late Supreme Leader Ayatollah Ali Khamenei on a street, after he was killed in Israeli and U.S. strikes on Saturday, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 4, 2026.

Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
Over the weekend, the United States and Israel pulled off one of the most operationally impressive military campaigns in recent memory. In the span of 48 hours, they killed Iran's Supreme Leader Ayatollah Ali Khamenei, decapitated much of the country's political and military leadership, destroyed its air defenses, decimated its naval assets, and [...]
​A satellite image shows black smoke rising and heavy damage at Iranian Supreme Leader Ayatollah Ali Khamenei's compound in Tehran, Iran, on February 28, 2026.

A satellite image shows black smoke rising and heavy damage at Iranian Supreme Leader Ayatollah Ali Khamenei's compound, following strikes by the United States and Israel in Tehran, Iran, on February 28, 2026.

Pleiades Neo (c) Airbus DS 2026/Handout via REUTERS
The supreme leader is dead, the conflict is spreading, and US President Donald Trump still isn’t clear on who he wants to run Iran. With the fighting spreading to multiple fronts and Iran seeking a new leader, here’s what else you need to know about the conflict right now. First and foremost, the Islamic Republic confirmed on Sunday that Supreme [...]
The US and Israel launch war on Iran
- YouTube
The United States and Israel have launched massive military strikes on Iran. The stated goal: dismantle Iran’s nuclear program and ballistic missile capabilities. The unstated but increasingly clear objective: regime change.In this Quick Take, Ian Bremmer breaks down what this means. [...]
You vs. the News collage
Think you know what's going on around the world? Here's your chance to prove it. [...]