What We're Watching: Russia lashes out, Khan ups election ante, China's population shrinks

Tributes are left at the site where an apartment block was heavily damaged by a Russian missile strike in Dnipro, Ukraine.
Tributes are left at the site where an apartment block was heavily damaged by a Russian missile strike in Dnipro, Ukraine.
REUTERS/Clodagh Kilcoyne

Russia strikes civilians, braces for long war in Ukraine

At least 40 people died in Saturday's Russian missile strike on an apartment building in Dnipro, Ukraine's fourth-largest city, authorities said Monday. It was one of Russia's deadliest attacks against Ukrainian civilians since the invasion began, as Moscow doubles down on the strategy of targeting civilians to turn the tide of the war in its favor. Meanwhile, the Washington, DC-based Institute for the Study of War on Sunday claimed that the Kremlin is preparing for a drawn-out conflict and a fresh mobilization to push back against Ukraine's military gains in recent months. What does that mean for Kyiv? That the US and its NATO allies will need to stay the course on providing weapons to keep the Russians at bay. Clearly on message, the UK on Friday announced that it would for the first time send Challenger 2 tanks to Ukraine. This might open up a can of worms within NATO: Poland wants to supply the Ukrainians with German-made Leopard tanks but has yet to get the green light from Berlin, while the US, Germany, and France have so far only agreed to give Ukraine light armored vehicles. If they all go a step further and send in the heavy equipment, Vladimir Putin will know that Ukraine's friends remain committed to its defense and are less worried about Russia escalating.

Khan keeps pushing for snap election

Pakistan’s former PM Imran Khan, who was ousted last April, continues to try to force the government into holding early elections. In his latest maneuver, the 70-year-old former superstar cricketer has managed to dissolve the assembly of Punjab province, home to about half of the country's population. According to the rules, Punjab must elect a new legislature within 90 days. As Khan is threatening to dissolve another provincial assembly soon, potentially triggering snap elections in two of Pakistan’s four provinces, he has created a conundrum for his rival, current PM Shehbaz Sharif. Should Pakistan, which is dead broke, engage in two massive — and expensive — elections now and then again at their due date in November? Or should the government just give up and let Khan have his nationwide polls immediately? Considering that Khan’s popularity has only soared since his ouster, and even more so after the attempt on his life in October, he’s probably likely to dominate the election. But nobody gets to win a vote in Pakistan without the blessing of the all-powerful army, whom Khan has been gunning for. Will the generals he’s challenged so brazenly for many months let him return to power?

Chinese population falls for 1st time in 61 years

China's demographic time bomb has exploded ... early. The population of the world's most populous country and second-largest economy dropped in 2022 by some 850,000 people to 1.41 billion — the first annual decline in over six decades. What's more, this happened a few years before authorities were bracing for due to falling birth rates (the now-scrapped zero-COVID policy made Chinese couples even less willing to have babies last year). The bad news is that an aging and shrinking population will hurt China's economy by having fewer young people entering the workforce while the state spends more on pensions and elderly healthcare. In other words, a smaller labor pool combined with a bigger fiscal burden. The good news (sort of) is that unlike rapidly graying Japan — whose population has been getting smaller since 2010 — China has only recorded a single annual drop and has time to reverse the trajectory before it becomes permanent. If there's any big country that can pull that off, that's authoritarian China, where Xi Jinping simply needs to get his people to have more kids.

More from GZERO Media

A satellite image shows a Russian, Gorshkov-class frigate offshore in Tartus, Syria December 10, 2024.
Maxar Technologies/Handout via REUTERS

The fall of the Assad regime erases a decades-long ally of both Moscow and Tehran -- but one of those two countries has lost way more than the other.

A protester wears a South Korean President Yoon Suk Yeol mask while holding a representation of prison bars, during a rally calling for the impeachment of the South Korean President, who declared martial law, which was reversed hours later, in front of the National Assembly in Seoul, South Korea, December 11, 2024.
REUTERS/Kim Hong-Ji

The lead prosecutor in South Korea’s criminal investigation into last week’s brief declaration of martial law said Wednesday he would arrest President Yoon Suk Yeol if warranted.

Romanian independent far-right presidential candidate Calin Georgescu gives a statement outside his voting station after the annulation of the presidential elections, in Mogosoaia, Romania, on Dec. 8, 2024.

REUTERS/Louisa Gouliamaki

Romanians are still absorbing the shock of a first-round election result that saw a previously unknown ultranationalist, pro-Russian candidate finish in first place in the race for president and a collection of new parties with pro-Russian platforms capture about one-third of the vote.

Following the end of the "traffic light" coalition, Federal Chancellor Olaf Scholz has submitted a request to the president of the Bundestag for a vote of confidence in the Bundestag.

Michael Kappeler/dpa via Reuters Connect

Faced with a political impasse preventing action on acute economic and geopolitical challenges, the German parliament will hold a vote of confidence in Chancellor Olaf Scholz’s government on Dec. 16. We asked Eurasia Group expert Jan Techau to explain what set off this chain of events and where it is likely to lead ahead of February's snap elections.

- YouTube

With all of the millions of Syrian refugees that you find in Europe, what's got to be the consequences for them of the fall of the Assad regime? What's the nature of the big agreement that is now being concluded with the European Union and the Mercosur countries of South America? Carl Bildt, former prime minister of Sweden and co-chair of the European Council on Foreign Relations, shares his perspective on European politics from San Francisco, United States.

What will be the #1 concern for the year ahead? Join us January 6 at 12 pm ET for a livestream with Ian Bremmer and global experts to discuss the Top Risks of 2025 report from Eurasia Group. The much-anticipated annual forecast of the biggest geopolitical risks to watch in 2025 will be released that morning. Evan Solomon, GZERO Media's publisher, will moderate the conversation with Ian Bremmer and Cliff Kupchan of Eurasia Group, along with special guests.
Watch live at https://www.gzeromedia.com/toprisks