What We're Watching: Protests erupt in Minsk, Hong Kong isn't special anymore, Ethiopia surfs the web again

A rare rally in Belarus: It's not often that you see people protesting a president known as "Europe's last dictator." But that's precisely what happened in the Belarusian capital of Minsk, as a brave few hundred protesters demonstrate against the government's decision to ban the two main opposition candidates from running in next month's presidential election. It's a rare show of defiance against President Alexander Lukashenko, who has ruled Belarus with an iron fist since the country emerged from the Soviet Union in 1991, and now wants a sixth term in office. But his hold on power could be waning due to popular exhaustion with his authoritarian style, a sluggish economy, and his ridiculous approach to the coronavirus pandemic: he's recommended "vodka and saunas" as a cure for the disease and refused to impose any lockdowns. So far Belarus has recorded more than 65,000 cases and about 500 deaths. We're watching to see whether the protests grow enough for Lukashenko to get into serious trouble ahead of the (almost assuredly rigged) vote.

Trump ends HK's special status: The Trump administration decided on Wednesday to end preferential economic treatment for Hong Kong, while authorizing sanctions on any US banks that do business with Chinese officials in charge of implementing China's controversial new security law there. Trump's move is the latest installment in Washington's tit-for-tat with Beijing over Hong Kong, which includes fresh tensions over the South China Sea, China's treatment of the Uighurs in Xinjiang, and US-China competition for global tech domination. China has already vowed to retaliate against Washington over the Hong Kong measures — we're watching to see what, exactly, that means.

Ethiopia is back online: The Government of Ethiopia has partially restored internet access nationwide, more than three weeks after the murder of a popular singer led to mass protests that prompted the government to pull the plug on the web. Hachalu Hundessa, whose songs call to empower the Oromo, the country's largest ethnic group, was gunned down last month in the capital city, Addis Ababa. Amid the subsequent unrest more than 200 people were killed and thousands arrested. A fragile calm has been restored, especially since the police detained two suspects in Hundessa's murder several days ago, and the government now seems comfortable enough to switch on the internet again. But violence can return as long as the murder remains unsolved. We're watching to see if Ethiopian Prime Minister Abiy Ahmed, an Oromo himself, succeeds in his efforts to unite ethnic groups to keep the peace in a deeply fragmented country.

More from GZERO Media

A man rides a scooter past a giant screen showing news footage of Chinese President Xi Jinping attending a Chinese Communist Party politburo meeting, in Beijing, China December 9, 2024.
REUTERS/Tingshu Wang

China’s Politburo — the top leadership cabinet — said Monday it would take “more proactive” fiscal measures and loosen up its monetary policy in 2025 as it aims to boost domestic consumption.

HTS leader Ahmed Al-Shara, aka Abu Muhammad Al-Golani, overlooks Damascus, Syria, after the overthrow of Bashar Assad on Dec. 8, 2024.

Balkis Press/ABACAPRESS.COM via Reuters

The Shura Council of Hayat Tahrir al-Sham, or HTS, has appointed Mohammed al-Bashir as interim PM of its proposed 18-month transitional government of Syria. What will his appointment mean for Syria, how are the Kurds faring amid the chaos, and why is Israel making moves inside Syria?

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.

Jess Frampton

In addition to multiple ongoing conflicts, a year of electoral instability, and pandemic hangovers, the return of Donald Trump as the US president injects further unpredictability into the geopolitics.

KYIV, UKRAINE - DECEMBER 9, 2024 - Head of the Office of the President of Ukraine Andriy Yermak, President of Ukraine Volodymyr Zelenskyy and Deputy Head of the Office of the President of Ukraine Ihor Zhovkva (L to R) attend a meeting with German Chancellor candidate, leader of the Christian Democratic Union Friedrich Merz, Kyiv, capital of Ukraine.
Photo by Ukrinform/Ukrinform/Sipa USA via reuters

President-elect Donald Trump has pledged to end Russia’s war with Ukraine.

- YouTube

What will President-Elect Donald Trump’s election win mean for the US economy? After years of inflation and stagnating wage growth, millions of voters elected Trump off the back of his promise to usher in a “golden age of America.” Trump has vowed to raise tariffs, slash business regulation, and deport millions of undocumented immigrants, policies he says will put Americans first. But what will that mean practically for workers and consumers? On GZERO World, Ian Bremmer is joined by Oren Cass, the founder and chief economist of the conservative think tank American Compass, who thinks Trump’s tariff plan will be a step in the right direction.

This week, in GZERO Daily, we will be rolling out our top political game changers of the year. Stay tuned, and check back here on Friday for our Top 10.

Syrian refugees in Ankara, Turkey, celebrate the fall of Syrian President Bashar al-Assad on Dec. 8, 2024.

Diego Cupolo/NurPhoto via Reuters

The toppling of Bashar Assad’s regime in Syria could significantly impact the future of Syrian refugees, in both neighboring states and beyond.

French President Emmanuel Macron shakes hands with US President-elect Donald Trump as he arrives for a meeting at the Elysee Palace in Paris as part of ceremonies to mark the reopening of the Notre-Dame de Paris Cathedral, in Paris, on Dec. 7, 2024.
REUTERS/Sarah Meyssonnier

Forget the Eras Tour: From Paris to New York City, US President-elect Donald Trump had a whirlwind weekend.