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President Joe Biden, South Korea's President Yoon Suk Yeol, and Japan's Prime Minister Shigeru Ishiba participate in a trilateral meeting at the Asia-Pacific Economic Cooperation summit in Lima, Peru, on Nov. 15, 2024.
Japan, US, South Korea unite against North Korea-Russia Pact
The next day, Japan’s foreign minister, Takeshi Iwaya, met his Ukrainian counterpart, Andrii Sybiha, in Kyiv, to reaffirm Tokyo’s support for Ukraine and discuss further sanctions against Russia. Sybiha accused Pyongyang of feeding Moscow’s war machine in exchange for access to Russian military program, including missiles and nuclear weapons. Then on Sunday, Japan announced it will begin holding regular joint exercises with US troops in Australia starting in 2025, as those three countries strengthen their security ties amid growing threats from China.
Hard Numbers: US and Mexico reach water deal, Russia and Ukraine smash drone records, US students look abroad after Trump win, Indonesia’s new president walks non-aligned line, Haiti's interim leader fired
18: After 18 months of talks, the US and Mexico announced on Saturday that they have reached a new water-sharing agreement. The accord revises and makes more flexible a decades-old pact under which Mexico provides water from the Rio Grande to the US Southwest in exchange for water from the Colorado River. The breakthrough comes amid growing concerns about water scarcity on both sides of the border. (For more on the complicated (geo)politics of the Colorado River, see our report here).
84 and 145: Russia and Ukraine each launched their largest drone attacks ever against the other side this weekend. Moscow said it intercepted at least 84 Ukrainian drones, at least 34 of which were aimed at the capital city itself, while Kyiv said Russia had launched at least 145 unmanned craft of its own. Both sides said they shot down the majority of the other’s drones. The barrages come as both sides try to game out the impact of Trump 2.0, with the president-elect having pledged to end the war in “24 hours” when he returns to office.
500: The number of US students seeking to study abroad has spiked in the days since Donald Trump won the presidential election. A leading provider of information on foreign education opportunities reported that average inquiries jumped nearly 500% to 11,000 a day since last Tuesday night. College students were one of the few demographics that overwhelmingly supported Kamala Harris, with polls showing more than 70% favoring the vice president.
10 billion: Indonesia’s new president hailed cooperation with China, signing $10 billion in new business and security deals with the country at a forum in Beijing on Sunday. Prabowo Subianto, a former army general and businessman who took office last month, has praised China’s emergence as a “civilizational power” but also said Indonesia would remain “non-aligned.” His first trip abroad as president will take him from Beijing to Washington, DC, and then to South America and the UK.
6: Haiti’s interim Prime Minister Garry Conillewas fired on Sunday after just six months on the job. The country’s transitional council, established to restore democratic order amid increasing gang violence, signed a decree to dismiss Conille, replacing him with businessman Alix Didier Fils-Aimé, the former president of Haiti’s Chamber of Commerce and Industry. The decree is set to be published on Monday.
Graphic Truth: Foreign-born populations in the US and Canada
The foreign-born populations in the US and Canada have been steadily rising for decades. Both are countries of immigrants, with millions upon millions arriving on their shores from distant lands over the centuries, and this is ingrained into their national identities. But polling shows that in recent years a majority of Americans and Canadians want to see less immigration — including legal immigration.
Politicians have taken notice. President-elect Donald Trump has made curbing immigration a central aspect of his platform and has pledged to conduct mass deportations of undocumented immigrants once he takes office.
Prime Minister Justin Trudeau also recently took steps to reduce the number of new immigrants coming into Canada. “Immigration is essential for Canada’s future, but it must be controlled and it must be sustainable,” Trudeau said late last month.
Are these trends driven by xenophobia or a product of people feeling financially vulnerable and concerned that more immigrants will place strains on the economy? Or is it both? We would love to hear your thoughts!
Podcast: The State of the World in 2024 with Ian Bremmer
Listen: The world is grappling with intense political and humanitarian challenges—raging wars, surging nationalism, and a warming climate, to name a few. Yet, we also stand at the brinkof some of the most transformative opportunities in human history. So how do we make sense of the future and what’s next? Ian Bremmer breaks it all down in a special edition of the GZERO World Podcast: The 2024 State of the World.
Each year, Ian examines the biggest political moments (and movements) and shares an honest assessment of where we are… and where we’re going. Most worrying? Leadership, or rather, the glaring lack of it. Nowhere is this clearer than in ongoing wars in the Middle East and Ukraine, where everyone claims to want peace, but no one is both willing and able to make it happen. But it’s not all bleak.There are plenty of reasons for optimism. Ian Bremmer discusses the good, the bad, and where we all go from here in his 2024 State of the World, delivered live at the GZERO Summit in Tokyo, Japan.
Subscribe to the GZERO World Podcast on Apple Podcasts, Spotify, Stitcher, or your preferred podcast platform, to receive new episodes as soon as they're published.
Rescuers work at a site damaged in the aftermath of an Israeli strike in Sohmor, in Lebanon's Bekaa Valley, October 30, 2024.
US pushes for cease-fire as Israel escalates fight against Hezbollah
Senior White House officials are traveling to Israel on Thursday as the Biden administration continues to push for an end to hostilities in the Middle East.
The US is reportedly proposing a 60-day cease-fire between Israel and Hezbollah, the Iran-backed militant group based in Lebanon. Washington hopes that a two-month period will lead to the resurrection of a UN resolution that ended the 2006 Israel-Hezbollah war but was never fully enforced.
Israeli Prime Minister Benjamin Netanyahureportedly discussed the prospect of a cease-fire with top officials on Tuesday, suggesting that he’s taking the idea seriously.
But major obstacles remain – namely that Israel is continuing to escalate the fight. On Wednesday, for example, Israel ordered the evacuation of an entire city in eastern Lebanon, a move that Beirut-based journalist Kim Ghattasdescribed as “insanity” and a “first since this war started.”
Meanwhile, Hezbollah’s new leader, Naim Kassem, on Wednesday said the militant group will only accept cease-fire terms it finds acceptable. “If the Israelis decide to stop the aggression, we say that we accept, but according to the conditions that we see as suitable,” Kassem said, implying his side will keep fighting Israel until it’s given favorable truce terms. “We will not beg for a cease-fire,” he added. Kassem, who officially replaced Hassan Nasrallah on Tuesday, has also offered mixed signals on whether Hezbollah will continue to condition a cease-fire agreement on an end to the war in Gaza.
We’ll be watching to see if there are any signs of progress after US officials meet with Netanyahu on Thursday.
US takes a close look at TSMC and Huawei
The US Commerce Department is looking into whether Taiwan Semiconductor Manufacturing Company, the world’s largest contract chipmaker, is — knowingly or unknowingly — producing computer chips for the Chinese technology giant Huawei.
TSMC is one of the most strategically important companies to the United States because of its overwhelming market share in the chip fabrication process. Chip designers such as NVIDIA, AMD, and Apple send their chips to be made at TSMC facilities. But it’s also located, as its name suggests, in Taiwan — and that makes its relationship with China, which doesn’t acknowledge Taiwan’s independence, geopolitically significant.
The US investigation, recently reported by The Information, is eyeing whether TSMC is manufacturing Huawei chips — either those used to power smartphones or AI applications. Under the Biden administration, the US has strengthened export controls, preventing US companies — or those reliant on US parts — from selling chips and semiconductor manufacturing equipment to Chinese companies. While Huawei has the most advanced AI chips in China, they lag significantly behind US chipmakers Nvidia, AMD, and Intel because they don’t have unfettered access to important middlemen like TSMC and the Dutch photolithography company ASML — that is, unless the US finds a major breach or loophole.
Commerce Secretary Gina Raimondo recently said she’s under “no illusion” that her department is completely sealing off China – so she knows that US-made chips and equipment are making their way to China through underground markets and intermediaries. The New York Times reported that hundreds of thousands of banned chips have been sold in the Shenzhen electronics markets alone.
Xiaomeng Lu, director of Eurasia Group’s geo-technology practice, said that the TSMC investigation appears to look at whether the company is following export control rules. “This question is slightly different than whether Huawei got restricted chips from TSMC through illegal channels,” she said. “If Huawei is doing that, which is a more geopolitically significant development than potential TSMC misconduct – and TSMC proves they are following all US rules and regulations, Huawei should be the one receiving severe penalties. And I am almost certain they will.”
A violation by TSMC would be legally risky – and a massive business mistake given the company’s closeness with the US and other Western nations it relies on. But the experts who spoke with GZERO are skeptical this is the case.
Hanna Dohmen, a research analyst at Georgetown University's Center for Security and Emerging Technology, said TSMC would be foolish to knowingly allow sales to Huawei — even through an intermediary.
“Given TSMC’s position in the US-China technology competition, it would be surprising if TSMC is knowingly providing its services and exporting TSMC-fabricated chips to Huawei or any third-party affiliates,” she said. “Such a brazen violation of US export controls would put it squarely at risk of significant legal, political, and reputational consequences.”
TSMC is also set to receive $6.6 billion from the US government, she notes, to build advanced fabrication facilities in Phoenix, Arizona. “For such a significant amount of taxpayer money, it will be important for TSMC to demonstrate that it is doing everything it can to comply with US regulations to avoid political and reputational fallout with policymakers on the Hill, the administration, and the public.”
The US has not yet alleged any wrongdoing and has merely opened an inquiry, and it could be months before the probe is completed.
If wrongdoing is proven, TSMC would be on the hook for major financial penalties, just as Seagate was last year when it was fined $300 million by the Commerce Department for illicit sales to Huawei. Such a revelation would also call into question the balance of power between the US and China, their race for AI, and Taiwan’s role in the middle.Israeli soldiers stand guard as they deny access to Palestinian farmers to harvest olives, in Burqa near Ramallah in the Israeli-occupied West Bank October 20, 2024.
US probes intel leak, drones hit Bibi’s house
Washingtonis investigating a leak of highly classified intelligence about Israel’s preparations for a strike on Iran. Two reports, marked “top secret” and intended only for the US and its Five Eyes allies (Canada, UK, Australia, and New Zealand), began circulating last week on Telegram, a messaging app. They appear to have beenprepared by the National Geospatial-Intelligence Agency and detail Israeli air force exercises and movements of munitions in retaliation for Iran’s Oct. 1 missile attack on Israel.
House Speaker Mike Johnson described the leak as“very concerning” with the potential to damage relations between the US and Israel. They were posted to Telegram around the same time Washington gave Israel 30 days to increase aid to Gaza or risk cuts to its military aid.
Meanwhile, Hezbollah intensified its attacks on Israel’s northern border while one of its dronesstruck the home of Israeli Prime Minister Benjamin Netanyahu on Saturday morning. Netanyahu, who was not home at the time, declared that nothing could deter Israel from winning the war and that “The attempt by Iran’s proxy Hezbollah to assassinate me and my wife today was a grave mistake.” Iran denied responsibility for the attack, trying to distance itself from Hezbollah.
We’re watching how it affects US-Israeli relations ahead of the US election, and whether Washington will follow through on its threats over Gaza.Envisioning Europe's path forward with European Parliament President Roberta Metsola
The European Union is at a crossroads. Big issues, like Russia’s Ukraine invasion, a migrant crisis, and an economic slowdown coming out of the Covid pandemic have been major tests of the bloc’s resilience and unity. There’s a lot at stake. Can the EU’s 27 member states hold it all together? On this week’s episode of the GZERO World Podcast, Ian Bremmer sits down with the woman at the heart of Europe’s government: European Parliament President Roberta Metsola. They discuss Europe’s path forward, its role on the world stage, and how a fragmented EU avoids being squeezed by the US and China. Metsola admits that, on China policy in particular, the bloc’s “biggest problem is we have not been coherent" and says a unified EU strategy toward China has (so far) been “absent” from policy discussions. So where does Europe go from here? In a wide-ranging discussion, Bremmer and Metsola dig into the EU’s push for strategic autonomy, rising far-right nationalism in recent EU elections, and whether Ukraine will be able to join the bloc anytime soon, even as Russia’s war rages on.
Subscribe to the GZERO World Podcast on Apple Podcasts, Spotify, Stitcher, or your preferred podcast platform, to receive new episodes as soon as they're published.