What We’re Watching: US-Russia nuclear talks, Spanish PM faces the music, Thai protests continue

Art by Gabriella Turrisi

US and Russia buy time to talk arms control: Americans and Russians are close to agreeing on a one-year extension of their last remaining nuclear arms control agreement. For months the two sides have been unable to settle on terms to extend the New START treaty, an agreement limiting long-range nuclear weapons that was hammered out by the Kremlin and the Obama administration back in 2011, and expires next February. One of the main points of contention was the Trump administration's insistence that Russia bring China into any new arms control pact. But Beijing has no interest in capping its nuclear arsenal at levels far lower than what the US and Russia have, while the Kremlin says that if China is part of it, then other Western nuclear powers like the UK and France should join as well. But those disputes will be shelved now, as Moscow and Washington have agreed to freeze their nuclear arsenals for one year and to keep talking about an extension in the meantime. Of course, the Kremlin — which proposed the one-year extension as a stopgap — can't be sure just whom they'll be talking to on the US side after January…

Spain's no-confidence vote: Spanish Prime Minister Pedro Sánchez faces a no-confidence vote in parliament over his minority coalition government's alleged mismanagement of the COVID-19 crisis. Infections have already surpassed one million, while Spain is suffering the worst pandemic-related economic crisis in the European Union. Although Sánchez has (just barely) enough votes to stay in power, the move will give Santiago Abascal, the firebrand leader of the increasingly popular far-right Vox party, an opportunity to blame the PM for all of Spain's problems. But his real target is the establishment center-right Popular Party, which Abascal is painting as too weak to lead a true conservative opposition. The PP, for its part, will vote against removing Sánchez — but only because the no-confidence mechanism was brought by an extremist party. Moreover, the PP is also under pressure from its moderate wing to support the leftist government on declaring a second nationwide state of emergency against COVID-19. Will the urgency of dealing with the public health crisis bring some badly-needed compromise to increasingly toxic Spanish politics?

Thailand lifts protests ban: Thai leader Prayuth Chan-ocha has lifted the state of emergency he declared days ago to stop young pro-democracy activists from protesting against his government and the all-powerful king... after the youngsters completely ignored the ban on public gatherings. Since the rallies started months ago, Prayuth has shied away from launching a harsh crackdown against the peaceful protesters, despite calls by hardliners and royalists to unleash the military on them. But lately the former army chief and 2014 coup leader has focused on fighting the activists on the internet by censoring social media, blocking critical news sites, and shutting down an independent online TV network. Prayuth has also detained a handful of the most prominent pro-democracy activists, but the arrests have done little to cow a movement that remains defiant. So, what's the way out for both sides? Years ago the beloved former Thai king would have already intervened to calm things down — we're watching to see whether his less-revered son and successor will follow dad's playbook.

More from GZERO Media

Listen: On the GZERO World Podcast, we’re taking a look at some of the top geopolitical risks of 2025. This looks to be the year that the G-Zero wins. We’ve been living with this lack of international leadership for nearly a decade now. But in 2025, the problem will get a lot worse. We are heading back to the law of the jungle. A world where the strongest do what they can while the weakest are condemned to suffer what they must. Joining Ian Bremmer to peer into this cloudy crystal ball is renowned Stanford political scientist Francis Fukuyama.

President-elect Donald Trump appears remotely for a sentencing hearing in front of New York State Judge Juan Merchan in his hush money case at New York Criminal Court in New York City, on Jan. 10, 2025.
REUTERS/Brendan McDermid/Pool

President-elect Donald Trump was sentenced in his New York hush money case on Friday but received no punishment from Judge Juan M. Merchan, who issued an unconditional discharge with no jail time, probation, or fines

Paige Fusco

In a way, Donald Trump’s return means Putin has finally won. Not because of the silly notion that Trump is a “Russian agent” – but because it closes the door finally and fully on the era of post-Cold War triumphalist globalism that Putin encountered when he first came to power.

Venezuelan opposition leader Maria Corina Machado greets supporters at a protest ahead of the Friday inauguration of President Nicolas Maduro for his third term, in Caracas, Venezuela January 9, 2025.
REUTERS/Leonardo Fernandez Viloria

Regime forces violently detained Venezuelan opposition leader María Corina Machado as she left a rally in Caracas on Thursday, one day before strongman President Nicolás Maduro was set to begin his third term.

Paige Fusco

Justin Trudeau is leaving you, Donald Trump is coming for you. The timing couldn’t be worse. The threat couldn’t be bigger. The solutions couldn’t be more elusive, writes GZERO Publisher Evan Solomon.

- YouTube

Is international order on the precipice of collapse? 2025 is poised to be a turbulent year for the geopolitical landscape. From Canada and South Korea to Japan and Germany, the world faces a “deepening and rare absence of global leadership with more chaos than any time since the 1930s,” says Eurasia Group chairman Cliff Kupchan during a GZERO livestream to discuss the 2025 Top Risks report.

During the Munich Security Conference 2025, the BMW Foundation will again host the BMW Foundation Herbert Quandt Pavilion. From February 13th to 15th, we will organize panels, keynotes, and discussions focusing on achieving energy security and economic prosperity through innovation, policy, and global cooperation. The BMW Foundation emphasizes the importance of science-based approaches and believes that the energy transition can serve as a catalyst for economic opportunity, sustainability, and democratic resilience. Our aim is to facilitate solution-oriented dialogues between business, policy, science, and civil society to enhance Europe’s competitiveness in the energy and technology sectors, build a strong economy, and support a future-proof society. Read more about the BMW Foundation and our Pavilion at the Munich Security Conference here.