Trending Now
We have updated our Privacy Policy and Terms of Use for Eurasia Group and its affiliates, including GZERO Media, to clarify the types of data we collect, how we collect it, how we use data and with whom we share data. By using our website you consent to our Terms and Conditions and Privacy Policy, including the transfer of your personal data to the United States from your country of residence, and our use of cookies described in our Cookie Policy.
{{ subpage.title }}
A motorist rides past a hoarding decorated with flowers to welcome G20 foreign ministers in New Delhi, India, March 1, 2023.
What We’re Watching: Tense G-20 talks in India, Finland’s fence-building, China’s economic activity, Chicago’s mayoral runoff
An awkward G-20 summit in Delhi
When G-20 foreign ministers met in New Delhi on Thursday, it was, as expected, an awkward affair. While India, the current G-20 chair, had hoped that the bloc would focus on issues of importance to the Global South, like climate change and the global food crisis, the agenda was disrupted by US-Russia bickering over the war in Ukraine, which US Secretary of State Antony Blinken called "unprovoked and unjustified war", while Russian Foreign Minister Sergei Lavrov blamed the West for not doing enough to extend a deal to allow Ukrainian grain exports that will soon expire. Of course, focusing on anything else was going to be a tall order when the top diplomats of the US, China, and Russia were all in the same room. (President Biden and Xi Jinping last met at the G-20 summit in Bali in November, though there was no bilateral meeting between the US and Russia.) In a sign of how fractured Washington's relationship remains with these two states, Blinken on Wednesday again urged Beijing not to send lethal weapons to Russia and canned China’s peace plan for Ukraine. As for US-Russia relations … need we say more? India, which has gone to painstaking lengths to maintain its neutral status over the past year, says it thinks the group can get stuff done. But at a meeting last month of G-20 financial heads, the group couldn’t even agree on a joint statement.
Finland builds a border fence against Russia
Rakentaa se aita! That's Finnish for "Build that fence!" — which is what Finland plans to do to protect its borders from Russian draft dodgers. Construction of a 10-foot tall wall, ahem, fence began this week along Finland's 800-mile border with Russia, with the first section expected to be finished by June. The Finns want to stop Russians from entering after fleeing the draft to fight in Ukraine, a number that could rise if Vladimir Putin orders another mobilization in the coming months. Meanwhile, Finland's parliament on Wednesday overwhelmingly approved the government's plan to speed up the process to join NATO — ideally along with Sweden, a fellow Nordic, if Turkey ever backs off. Going back to the fence, parts of it will have all the bells and whistles — night-vision cameras, lights, and loudspeakers — that former US President Donald Trump could only dream of for his partially built "Big, beautiful wall." And like Mexico, you can bet that Russia won't pay for it.
Chinese economic activity rebounds
China's official manufacturing sector purchasing managers’ index — a closely watched indicator of economic activity — reached 52.6% in February, expanding at its fastest monthly pace in over a decade. What's more, home sales rose for the first time in two years amid a persistent property-sector slump. The good: The two figures beat expectations and are a clear sign that the world's second-largest economy is recovering quicker than expected after abruptly ditching zero-COVID. The bad: The starting point was very low, as China's GDP grew last year by only 3%, barely half of what the ruling Communist Party had targeted. The ugly: While this is excellent news for Xi Jinping and a global economy that's eager for both more Chinese demand for stuff and more Chinese capacity to make stuff, economic activity has yet to reach pre-pandemic levels. Also, China's economy is still facing strong pressure from the fallout of the US-China rivalry, with American companies feeling increasingly bearish about the future as ties between Beijing and Washington get icier.
Chicago election result portends impending showdown over policing
Voters in Chicago denied Lori Lightfoot, who made history as the city’s first openly gay and Black female mayor, a second term amid concerns over rising crime, which increased by 41% between 2021 and 2022. Lightfoot, who cruised to office in 2019 on an anti-corruption platform, had been widely criticized for the high crime rate in America’s third-largest city. No candidate in the Democratic stronghold clinched over 50% of the vote needed to win outright this week, so the two remaining candidates – both Dems – will go to an April 4th runoff, with the controversial issue of policing underscoring the stark divide between them. On one side is Paul Vallas, who has drawn criticism for past comments and for associating with the Windy City’s controversial police union leader. He promises to add hundreds of officers back to the police force if elected. His challenger, Brian Johnson, favors investment in services like housing, education, and mental health over more policing. Amid rising post-pandemic crime in major US cities, political differences over investment in public safety measures will play an increasingly central role in US mayoral elections. We’ll be watching as Philadelphia and Houston head to the polls later this year.
Putin's tragic genius: war crimes & isolated Russia
In a Global Stage delegate interview, on the ground in Davos, Ian Bremmer speaks to an old friend of the show, former Finnish PM Alexander Stubb. Stubb explains why Crimea is crucial for Ukraine's conception of "victory" against Russia and why Finland views its eastern neighbor with suspicion.
“If you have a 1,340-kilometer border with Russia, you always have be concerned because, as we can see, Russia is quite unpredictable,” he explains.
As a global citizen with many friends in Russia, Stubb says that he's looking at years, if not decades, of Russian isolation, which he calls "a sad reality, but a reality nevertheless.”
- Putin past the point of no return ›
- Putin only understands power and force, says Finland’s former PM ›
- Russia has pushed Finland towards full NATO membership: former Finnish PM Alexander Stubb ›
- Podcast: Why Putin will fail: former Finnish PM Alexander Stubb ›
- Stubb takes Finnish presidency in close race - GZERO Media ›
Russian unpredictability & Finland's border threat
Finland isn't taking its eastern neighbor for granted. Yes, that means you, Russia.
Indeed, the Finns don't one of Europe's largest standing armies to defend themselves against Sweden, former PM Alexander Stubb tells Ian Bremmer on GZERO World, on the ground in Davos.
“If you have a 1,340-kilometer border with Russia, you always have be concerned because, as we can see, Russia is quite unpredictable,” he explains.
As a neighbor with many friends across the border, Stubb regrets that he's looking at years, if not decades, of Russian isolation, which he regards as "a sad reality, but a reality nevertheless.”
Watch the GZERO World episode: Russia's tragic brutality and the humbling of the West
- Putin only understands power and force, says Finland’s former PM ›
- Russia has pushed Finland towards full NATO membership: former Finnish PM Alexander Stubb ›
- Why Finland’s top diplomat is proud of EU's response to Russia ›
- Finland “investing in security and stability” with NATO push ›
- When Russia is your neighbor: Estonian PM Kaja Kallas' frontline POV - GZERO Media ›
- Putin's Europe Problem - GZERO Media ›