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Russia/Ukraine

Xi invites Putin to China to strengthen "no limits" partnership
Putin visits Xi to continue "no-limit" relationship with China | Ian Bremmer | World In :60

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

Does Putin's upcoming visit with Xi Jinping signal a continuing “no limits” partnership between China and Russia?

The relationship is certainly becoming more strategic over time. Not so much because the Russians are changing their behavior. They have very few options at this point. North Korea and Iran are their top allies. Belarus, Syria. I mean, it's a rogues’ gallery, but China is increasingly finding that their ability to work long term in a stable and sustainable way with America's allies in Asia, with the Europeans, and with the United States itself becoming more constrained. And given all of that, willingness to be a closer ally with Russia is increasing over time. Just look at Biden putting 100% tariffs on Chinese electric vehicle exports. All of this is sending a message to the Chinese that no matter who's elected in November, that the US is trying to contain them. And yeah, I think longer term, the more they see that from the US and their allies, the closer with the Russians they will eventually be.

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FILE PHOTO: Russian President Vladimir Putin and Chinese President Xi Jinping walk during a meeting at the Kremlin in Moscow, Russia March 21, 2023.

Sputnik/Grigory Sysoyev/Kremlin via REUTERS
Russian President Vladimir Putin will be in Beijing on Thursday for talks with Chinese President Xi Jinping, in a rare overseas trip to publicly underline strong relations. It’s Putin’s first journey since he was inaugurated for his fifth term as president and parallels Xi’s visit to Russia last year after he ascended to his unprecedented third term.
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Russian President Vladimir Putin, Defence Minister Sergei Shoigu, and Chief of the Russian Land Forces Oleg Salyukov attend a military parade on Victory Day, in Moscow, on May 9, 2024.

Sputnik/Mikhail Klimentyev/Kremlin via REUTERS

One way to look at Russian President Vladimir Putin’s decision to replace long-serving Defense Minister Sergei Shoigu with career economist Andrey Belousov is this: Since the invasion of Ukraine, Putin’s nerds have performed better than his jocks.

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A man casts his vote during a presidential election in Vilnius, Lithuania May 12, 2024.

REUTERS/Ints Kalnins

On Sunday, Lithuania held both a presidential election and a referendum on dual citizenship, an issue that has divided the Baltic nation of 2.8 million people since its independence from the Soviet Union 34 years ago.

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FILE PHOTO: Participants, including Russian President Vladimir Putin, Defence Minister Sergei Shoigu and Belarusian President Alexander Lukashenko, attend a military parade on Victory Day, which marks the 79th anniversary of the victory over Nazi Germany in World War Two, in Red Square in Moscow, Russia, May 9, 2024.

REUTERS/Maxim Shemetov/File Photo
Russian President Vladimir Putin has announced significant changes to his senior military and political leadership as he begins his fifth term, including the reassignment of powerful Defense Minister Sergei Shoigu.
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Ukraine's President Petro Poroshenko (L) speaks with U.S. servicemen delivered counter-battery radars for Ukrainian army in Lviv, Ukraine, November 14, 2015.

REUTERS/Mykhailo Markiv/Ukrainian Presidential Press Service/Handout via Reuters

Remember when the EU froze billions of euros worth of Russian assets following Vladimir Putin’s invasion of Ukraine? Well, if the EU gets its way, interest earned from those assets will soon be headed to Ukraine for much-needed arms replenishment and reconstruction.

The bloc’s 27 ambassadors agreed in principle to a deal directly targeting the Euroclear depositary in Belgium, which holds much of the €210 billion ($226b) worth of frozen assets. The interest from those assets alone is worth up to €3 billion ($3.22b) a year.

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With a Rafah invasion, is the Israel-Hamas cease-fire dead?
Rafah invasion: Did Israel violate any cease-fire agreement? | Ian Bremmer | World In :60

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

With Israel beginning its invasion of Rafah, is the recent Hamas agreed to cease-fire dead?

No. Though, of course, it was never really alive. Wasn't alive because the Israelis didn't agree to the terms that the Palestinians and Hamas did. But they are still negotiating and Israel's initial foray across the border to take over the crossing in Gaza is not, considered a redline, by the Americans, though it is disrupting humanitarian aid, and it's certainly not a full fledged invasion. So, I mean, again, escalation, lots of warnings, expectation that invasion is going to ensue quickly. But still a possibility that you get a short term cease-fire, a short term cease-fire. We'll see.

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