Hunter Biden's convictions won't derail his father's re-election bid

Hunter Biden's convictions won't derail his father's re-election bid | Ian Bremmer | World In :60

Ian Bremmer shares his insights on global politics this week on World In :60, live from the Toronto US-Canada Summit.

What are the implications of Hunter Biden's convictions for his father's presidential campaign?

You know, it's a little bit of tit for tat. You're going to see a lot of Republicans saying, “See the Biden crime family! Look at this guy. I mean, he's a convict.” It's ugly. It's embarrassing for the Biden family, of course. But at the same time, it's not very significant charges and it certainly doesn't link directly to President Biden. Five months away, are people going to be talking about this or Trump's 34 convictions, the weakest of the cases that he's actually facing? I suspect neither of them are going to matter very much, even though, on balance, Trump's is the one that should matter more.

Will recent EU elections bring a dramatic shift to Europe or more of the same?

Well, overall, the European Parliament looks a lot like the old European Parliament. A few more seats for the right wing, but the far-right is not very aligned, doesn't work cohesively. I still think Ursula von der Leyen is going to be, yet again, European Commission president. And in many countries the populist, the anti-establishment did a lot worse. In Sweden, for example, in Portugal and others. On balance, there's not much change here. Two things that matter one a little bit is that Schulz and his Social Democrats really underperformed. The German economy not doing well, he's not seen as much of a leader. A three-party coalition, Germany, largely centrist and pretty stable no matter what. Much bigger: France. Macron's party, historically, got pasted. That's why he's called for parliamentary elections in just a few weeks. And when they happen, if Le Pen's party, the National Rally, wins and they're able to put forward a prime minister, there's is a major, major problem for governance in France and for the need of anything that the EU has to have parliamentary approval in France to get done, and that includes the Ukraine problem going forward.

How Canadians viewing the impending Biden Trump rematch?

You know, in some ways a little more comfortably than they did the last time around because the US-Mexico-Canada agreement's already in place and Trump got it done with this Canadian government. So, I think that they feel a little like, “Hey, we dealt with them once, we can deal with them again.” There's much more strategy and strategic alignment in the importance of the US-Canada relationship today than there was five, 10 years ago, in part because on China they're much more aligned, on things like, major wars outside of this part of the world, they're much more aligned, on Haiti, they're much more aligned. But also keep in mind that Canada's also facing an election in a year. And right now, it looks like the Tories, the conservatives in Canada, would win big, ahead by over 20 points. In which case you'd have a Canadian government and a US government, if Trump were to win, that would be very aligned. Just on a very different part of the political spectrum. Either way, very friendly and very stable relationship, which is more than we can say for most of them around the world.

More from GZERO Media

Rebel forces seized Mengh Airbase and the city of Tel Rifaat in the Aleppo countryside on December 1, 2024, following clashes with the Syrian Democratic Forces (SDF) and Syrian regime forces.
Photo by Rami Alsayed/NurPhoto

In case anyone has forgotten just how complicated Syria’s civil war always was, the recent drama around Aleppo escalated on Monday as the Syrian National Army, a group backed by Turkey, attacked US-backed Kurdish groups near the city.

French Prime Minister Michel Barnier leaves following the weekly cabinet meeting at the Elysee Palace in Paris, France, on Nov. 27, 2024.

REUTERS/Stephane Mahe

In France, political push came to shove on Monday, as Prime Minister Michel Barnier moved to ram a controversial pensions finance reform bill through the Assemblée Nationale, France’s lower (but more powerful) house of parliament.

Supporters of the radical right Alliance for Uniting Romanians wave Romanian flags following the first exit polls, at the party’s campaign headquarters, on the day of the parliamentary election, in Bucharest, Romania, on Dec. 1, 2024.
REUTERS/Alkis Konstantinidis

Romania’s leftist and centrist parties declared victory Monday following Sunday’s election as the ruling Social Democrat party, or PSD, secured 22.4% of the vote. The far right also saw increased support, with the Alliance for Uniting Romanians winning 18.2%, double its 2020 support. Pro-western parties are now expected to form a coalition, but the country still needs to hold its crucial presidential runoff on Dec. 8.

While many investors took a ‘wait-and-see’ approach in the lead up to the election, as the results sets in, investors and businesses are evaluating how recent political shifts will impact market conditions and capital flows in the months ahead. With the election now behind us, will the next administration drive a transaction revival and support new investment opportunities? Analyze election impacts to markets and industries with insights from leading experts on the issues that matter most with Beyond the Ballot, brought to you by RBC Capital Markets.

U.S. President Joe Biden stands with his son Hunter Biden, who earlier in the day was found guilty on all three counts in his criminal gun charges trial, after President Biden arrived at the Delaware Air National Guard Base in New Castle, Delaware, U.S., June 11, 2024.
REUTERS/Anna Rose Layden

After previously promising to allow the justice system to handle Hunter Biden’s federal felony gun and tax convictions, outgoing President Joe Biden instead issued a "full and unconditional pardon" to his son on Sunday.

Rebel factions successfully seized control of the city of Aleppo, Syria, on November 30, 2024, after intense clashes and fierce battles with Assad regime forces.
Photo by Rami Alsayed/NurPhoto

Anti-government forces opposed to Syrian President Bashar Assad launched a shock attack on the largest city, Aleppo, on Saturday.