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Myanmar's military chief Senior General Min Aung Hlaing leaves after a military parade on Victory Day, marking the 80th anniversary of the victory over Nazi Germany in World War Two, in Red Square in central Moscow, Russia, May 9, 2025.
23: At least 23 people were killed on Friday in an airstrike on a Buddhist monastery in northern Myanmar. The attack is believed to have been carried out by the country’s ruling military junta. Since seizing power in a 2021 coup, the junta has been locked in brutal civil war with several powerful rebel groups.
15%: The US State Department is about to lay off 15% of its 18,000 US-based staff, as part of an efficiency drive. Secretary of State Marco Rubio says the move will make Washington’s foreign policy more agile, while critics say it will downsize America’s diplomatic capabilities at a critical moment.
$4 trillion: The AI chipmaker Nvidia has become the world’s first company valued at more than $4 trillion. Its remarkable rise in value is one of the fastest in Wall Street history, leaving its main domestic rivals Apple and Microsoft feeling.. Nvious indeed.
$20 million: Former Columbia University student and Palestinian activist Mahmoud Khalil filed a $20-million claim Thursday against the US government for damages incurred during his Immigration and Customs Enforcement (ICE) detention. The lawsuit accuses ICE of false arrest and imprisonment, malicious prosecution, abuse of process, and intentional infliction of emotional distress. The Department of Homeland Security dismissed Khalil’s claims as “absurd.”
5,000: Gang violence has killed nearly 5,000 people in Haiti since last October alone, according to a new UN report. The Caribbean country has been mired in a deepening political, economic, and humanitarian crisis since the 2021 assassination of president Jovenel Moïse. An international police force sent to the island last year has failed to dislodge the gangs, which control large swathes of the capital, Port-au-Prince.An armed PKK fighter places a weapon to be burnt during a disarming ceremony in Sulaimaniya, Iraq, July 11, 2025, in this screengrab obtained from a handout video.
Kurdish militants burn their own guns
In a symbolic ending to more than 40 years of rebellion against the Turkish government, fighters from the PKK — a Kurdish militia — melted a cache of weapons in a gigantic cauldron on Friday. Earlier this year jailed PKK leader Abdullah Ocalan called for disarming as part of a process expected to deliver more cultural autonomy for Kurds, who make up 20% of Turkey’s population. The move shifts attention onto the future of affiliated Kurdish militias in Syria, as well as to Turkey’s parliament, where President Recep Tayyip Erdoğan is courting support from Kurdish parties as he seeks to soften term limits.
Is the White House done with legislating?
A week after signing the One Big, Beautiful Bill into law, and just six months since taking office again, US President Donald Trump is reportedly done with pushing major legislation through Congress. As he goes into campaign mode ahead of the 2026 midterms, he will instead focus on key issues like trade and immigration via executive actions, which don’t require congressional approval but are susceptible to legal challenges. However, it seems not everyone is aligned: House Speaker Mike Johnson has said he still wants to pass two further budget reconciliation packages. Which is it? More bills or no more bills?
German constitutional court clash embarrasses Chancellor Merz
Germany’s Chancellor Friedrich Merz's government had to shelve a vote on appointing three judges to the Constitutional Court after one of them was accused – spuriously, it turned out – of plagiarism, and criticized by conservative coalition members for supporting abortion rights. Critics are likening the drama to US-style culture wars over the judiciary, and have warned it undermines the legitimacy of Germany’s top court. The debacle also reflects the fragility of Merz’s three-month-old coalition, which holds just a slim, 12 seat majority in the Bundestag.
Russian President Vladimir Putin attends a meeting with Head of the Federal Service for Financial Monitoring Yury Chikhanchin at the Kremlin in Moscow, Russia, on July 8, 2025.
At first glance, Russia has coped well under the weight of Ukraine-related Western sanctions. In 2024, its economy grew at a faster rate than every G7 country. Though Europe has gone almost entirely cold turkey on Russian oil and gas supplies, thirst for these resources in China and India, quenched by a shadow tanker fleet that helps evade those sanctions, has kept Russia’s energy trade stable.
Longer term, climate change can help. Warming temperatures will open new Russian lands to farming and boost its agricultural output. They will open new sea routes that lower Russia’s cost of commerce and bring revenue from transit fees imposed on others. Perhaps most importantly, the Kremlin has long claimed it can transition from its currently heavy reliance on oil and gas exports to deeper investment in wind, hydro, geothermal, biomass, hydrogen, and solar energy.
But the realities of Russia’s future are darkening.
Its economy has become addicted to war in Ukraine. Its growth over the past two years was fueled mainly by the tidal wave of military spending needed to eke out modest gains in what’s become a war of attrition. Military and security spending now make up about 40% of Russia’s total government expenditure. This spending surge is sending inflation into overdrive, forcing Russia’s central bank to raise interest rates to a record 21%, raising borrowing costs for businesses and slowing future investment. Manufacturing has slowed and ordinary Russians aren’t spending.
None of this will persuade President Vladimir Putin to cut a deal with Ukraine – and that’s Russia’s bigger problem. Current evidence suggests Putin intends to keep doubling down on a war that leaves a supposed great military power to take 1,000 casualties per day to make tentative gains of a few kilometers, to kill Ukrainian civilians, and to laud slow advances on individual towns and villages in a war that’s already dragged on for three years and four months.
In addition, while China and India remain eager to buy the energy Russia pumps out of the ground, they know the loss of Moscow’s best customers in Europe allows them to buy the product at a below-market price. China, with an economy nearly nine times larger than Russia’s, has done remarkably little to help Putin win his war. India has shifted large volumes of arms purchases from Russia to the United States. The Kremlin’s trade problem is compounded by the reality that even ending the war with Ukraine won’t bring mistrustful Europeans to return to their former volumes of trade with Russia.
But Russia’s biggest problems are found inside its borders. Longtime reliance on the revenue from exports of oil, gas, metals, and minerals has allowed Russia to avoid large-scale investment in the digital-age industries needed for an innovative 21st-century economy. The most recent credible measure of this comes from the Global Innovation Index 2024, produced by the World Intellectual Property Organization, a UN agency. According to the report, which measures entrepreneurship and innovation-driven growth and development across 133 countries, Russia ranks 59th in the world, behind Mauritius, Georgia, and North Macedonia.
This problem probably has many sources – an economy dominated by well-connected elites who don’t need innovation to remain wealthy, a lack of entrepreneurial tradition, and increased investment focus on a war Russia isn’t winning. But the larger challenge facing Russia is the depletion of the generation of young people that might help solve these problems. A report last month from the Center for Strategic and International Studies found “250,000 Russian soldiers have died in Ukraine, with over 950,000 total Russian casualties.” That’s a tremendous blow for Russia’s potentially most productive generation, with no end of the sacrifice in sight. Here’s another: aware of both Russia’s long-term economic problems and the much more urgent problem of avoiding war, nearly one million Russians have fled the country in search of better opportunities since the earliest days of Putin’s invasion of Ukraine.
Russia, a resource-rich country with 11 time zones and an economy about half the size of California’s, still depends almost entirely for its great-power claims on its stockpile of nuclear weapons, the world’s largest. But these are weapons that can only be used at high risk of self-annihilation, and Russia’s sophisticated arsenal of cyber-weapons is useful only for undermining other countries.
Worst of all, it’s hard to imagine any Kremlin change of direction toward creating a more dynamic and innovative Russia anytime soon. The war in Ukraine grinds on. For now, Putin and his enablers seem content to define Russia’s “greatness” solely by its ability to disrupt and punish others.
HARD NUMBERS: Houthis attack ships again, US Measles cases reach new high, message in a bottle finally arrives, & More
Plumes of smoke rise from what is said to be a Greek-operated bulk carrier, in a handout video released on July 8, 2025
3: The Iran-backed Houthi rebel group is once again attacking cargo ships passing through the Red Sea, killing three people while snatching a Liberian-flagged, Greek-owned cargo vessel on Monday night. This was the Houthis’ second such attack over the last few days. Until this past weekend, the group hadn’t targeted cargo ships since late 2024.
33: Measles cases in the US have already reached a 33-year high in 2025, with the disease spreading most rapidly in parts of New Mexico and Texas. At least 1,288 cases have been reported in the first half of this year, surpassing the 2019 full-year total of 1,274, when there was an outbreak within the ultra-Orthodox Jewish community of New York. The spread has come amid falling nationwide vaccination rates, driven in part by skepticism about vaccines from Health and Human Services Secretary Robert F. Kennedy Jr.
52: A South Korean court on Thursday issued another arrest warrant for former President Yoon Suk Yeol, who faces trial on a range of charges related to his decision to place the country under martial law back in December. Yoon has already spent 52 days in jail, but was previously released on technical grounds. Prosecutors are now expected to expedite their probe into Yoon, who was impeached and officially removed from office back in April.
5.2: A 5.2-magnitude earthquake struck Guatemala on Tuesday afternoon, with authorities urging residents of the Central American country to evacuate. Some of the aftershocks have registered even higher on the Richter scale than the original quake, reaching magnitudes of 5.6.
13: While most of the world now has instant communication, some people have sought out alternative ways of getting their message across the globe – even if it takes a little longer. Thirteen years ago, a young couple in Newfoundland, Canada, placed a message into a bottle and dropped it into the Atlantic Ocean. This week, it was found on a beach on the west coast of Ireland. The note included a request to contact the original writers. After an appeal on social media, they were found: Anita and Brad Squires are now married with three children.
What We’re Watching: Kenya’s president cracks down further, UK and France open an atomic umbrella, Trump meddles in Brazil
Riot police officers fire tear gas canisters to disperse demonstrators during anti-government protests dubbed “Saba Saba People’s March,” in the Rift Valley town of Nakuru, Kenya, on July 7, 2025.
Ruto orders police to shoot looters as Kenya protest escalate
Amid ongoing anti-government protests, Kenyan President William Ruto has ordered police to shoot looters in the legs. The order is meant to stop attacks on businesses, but could lead to more casualties after 31 people were killed on Monday alone. The youth-led protesters want Ruto to resign over high taxes, corruption allegations, and police brutality. According to Mercy Kaburu, a professor of international relations at United States International University in Nairobi, Ruto’s government “is not at risk of collapse before the next general election” which is set for 2027. But, she cautions, he “could be threatened if nothing changes.”
United Kingdom and France to open their nuclear umbrella
UK Prime Minister Keir Starmer and French President Emmanuel Macron signed a landmark deal aimed Thursday at restricting the flow of migrants across the English Channel. But the cross-channel agreement that may draw more attention globally is a pledge from Europe’s only two nuclear-armed nations to extend their nuclear umbrellas to allies on the continent who face an “extreme threat.” This is a big step toward “common European defense” at a time when Russia’s ongoing invasion of Ukraine and uncertainty about the US long-term commitment to NATO have prompted more urgent action in Europe.
Trump uses tariffs to meddle in Brazil
US President Donald Trump announced Wednesday that the US will slap 50% on Brazil starting on August 1. The reason? Trump blasted Brazil for its “unfair” treatment of former President Jair Bolsonaro, a rightwing firebrand and close Trump ally who is currently on trial for allegedly plotting to overturn the 2022 Brazilian election. Trump also cited an “unsustainable” US trade deficit with Brazil, though official data show the US actually runs a small trade surplus with Latin America’s largest economy. Brazil’s leftwing President Luiz Inácio Lula da Silva, reportedly blindsided by the announcement, has vowed to respond with reciprocal measures.
See below for Ian Bremmer’s Quick Take on what Trump’s move really means.
Hezbollah beat on their chests as a sign of mourning during a mass rally to mark Ashoura, commemorating the martyrdom of the Prophet Muhammad's grandson Hussein.
On Wednesday, the Trump administration’s envoy to Lebanon, Tom Barrack, received a stunning proposal from the Lebanese government– a plan to disarm Hezbollah, the powerful Iran-backed Shia militia group that has dominated Lebanon’s politics and fought two major wars with Israel over the past 20 years. The process would occur over the next four months, in exchange for Israel halting strikes on Lebanon and withdrawing from the country’s South.
If Hezbollah were to drop its weapons it would redefine the Middle East virtually overnight. But can the Lebanese government really turn this proposal into reality?
On the one hand, Hezbollah has never been weaker. Over the past year and a half, Israel has decimated the group’s leadership and destroyed a great deal of its weapons. The collapse of the Assad regime, a key ally, upended a major smuggling route for weapons from Iran. And the regime in Tehran itself has been hobbled by the recent Israeli and American airstrikes.
Hezbollah has not publicly responded to the proposal, but is reportedly at least considering shrinking its arsenal. However, according to Eurasia Group’s Middle East expert Firas Maksad, “Hezbollah could just be buying time” by appearing open to diplomacy, hoping that the winds in the region shift back in its direction.
Why does the Lebanese government want Hezbollah to disarm? Hezbollah, which enjoys support from Lebanon’s sizable Shia population, is a major challenge to the Lebanese government. The group dominates South Lebanon, providing social services to the population, and it makes decisions about war and peace in the conflict against Israel without the national government’s consent.
“With the exception of Hezbollah’s support base, most Lebanese very much would like to see strengthened state authority and control over weapons,” says Maksad.
They aren’t the only ones. Wealthy international donors, including the US and the Gulf Arab monarchies, have made it clear that desperately needed financial and reconstruction aid won’t flow to the Lebanese government while a powerful armed group like Hezbollah operates effectively beyond state control.
What would it take for them to disarm? Hezbollah and its supporters in South Lebanon see its arsenal as a protection of Shia interests in Lebanon’s fragile sectarian balance, as well as a defense against Israel. Among many in the Shia community, Maksad explains, “any attempt to try and take away the weapons [is seen as] meant to undermine the community.”
He added that real disarmament would require, at a minimum, Israeli withdrawal from Lebanon under the terms of ceasefire agreements reached last November.
“There is this sense in Beirut, reflective of Hezbollah’s thinking, that Israel would need to fulfill its side of the obligations before more can be expected,” says Maksad.
But that sets up an impasse: Israel’s position is that it can’t leave Southern Lebanon while an Iran-backed militia is dug in there with weapons pointed at the Jewish state.
So where do things go from here? Maksad says there are two scenarios. One is a slow, drawn-out process where Hezbollah makes limited concessions under the guise of diplomatic dialogue — but without any real, comprehensive disarmament.
The other involves Israel forcing the issue. With its campaign in Gaza winding down, Israel may now look northward again, making a fresh effort to weaken Hezbollah so much that the group has no choice but to surrender.
At the moment, that looks like the way things are headed – Israel on Wednesday night launched a limited attack into South Lebanon, and its attacks on Hezbollah’s territory have ramped up in recent weeks. That almost certainly puts the prospect of a negotiated disarmament further out of reach in the near term.
“I don’t see diplomacy right now providing the required results of fully disarming Hezbollah,” Maksad warns.
Elon Musk in an America Party hat.
“Today, the America Party is formed to give you back your freedom,” he announced a day after President Donald Trump signed into law the One Big Beautiful Bill Act (OBBBA), the deficit-busting tax-and-spend package that Musk had blasted as a “disgusting abomination.” The megabill that broke the bromance will add an estimated $3-4 trillion to the deficit over the next decade thanks to large tax cuts for the wealthy and corporations, increased spending (especially for defense and homeland security), and higher debt interest payments, making what’s already an unsustainable fiscal situation much worse. If some of the law’s now-temporary provisions are eventually made permanent, as this bill did for the 2017 “temporary” tax cuts, the total cost could be as much as $6 trillion. “When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy,” Elon wrote on X.
What exactly does the America Party stand for? Details are scarce, but Musk says his goal is to disrupt the uniparty’s hold over American politics and reduce federal deficits (oh, and uncover the real Jeffrey Epstein story) – for real this time. Elon went all-in on support for Trump in 2024, who in return installed him to lead the Department of Government Efficiency’s efforts to slash government spending. Himself a disruptor of the uniparty, President Trump has broken with bipartisan consensus on immigration and foreign policy, tightening border enforcement and actually trying to end foreign wars (even if not very effectively). But Trump has governed like a card-carrying uniparty member when it comes to expanding the size and cost of government.
This grievance is the core driver behind Musk’s creation of the America Party. He was right to ask ‘what the heck was the point of DOGE’ once the OBBBA’s debt blowout was codified – although in fairness to Trump, DOGE did deliver less than $175 billion in “savings,” a rounding error in the overall federal budget and far short of the $2 trillion in “waste, fraud, and abuse” Musk had promised to cut initially. Even before the ink dried, the bill was polling deep underwater with the American people. But most voters hate the OBBBA not because it increases the deficit and debt, but despite it. By revealed preference, voters support politicians who spend on them and punish those who threaten their benefits or raise their taxes. It’s no wonder that the biggest wealth transfer from the working class to the top 1% in modern US history, which kicks more than 10 million Americans off Medicaid to make the rich richer, is so deeply unpopular. But fiscal discipline? That has had no real constituency in our spend-happy nation – and, accordingly, no home in either major party – for a very long time.
The America Party faces a product-market-fit problem that everyone but Elon seems to recognize. Most voters claim to be deficit hawks in the abstract – it sounds so serious and responsible! – but few support the broad-based tax increases and spending cuts on everything from entitlements and healthcare to defense, education, and border security that balancing the budget entails in real life.
If Elon wanted to create a party that represents the interests of “the 80%” of Americans “in the middle” and not just a fringe of too-online libertarians, its platform would have to consist of higher taxes on the wealthy and corporations, cheaper healthcare, childcare, energy, and housing, congressional term limits and lobbying reform, common-sense gun regulations, comprehensive immigration reform, and other such policies supported by bipartisan majorities. Some positions may be accommodated by one or the other major party, whether now or in the future. It’s even possible that there may exist a majority for an economically populist, socially moderate third party today. But there’s definitely no popular appetite for the kind of America Party that Elon has in mind.
So, does that mean that Elon is going to fail? Not necessarily ... but probably.
On the one hand, unlimited funds plus razor‑thin congressional majorities equal mischief potential. We’re talking about the wealthiest dude in the world perhaps being willing to throw a blank checkbook at America’s coin-operated political system. Musk poured nearly $300 million into GOP campaigns in 2024 and happily spent over $20 million on a single Wisconsin Supreme Court race earlier this year. And while he’s highly unlikely to be able to get America Party candidates elected to Congress, he may not need to. Musk could plausibly influence primaries, spoil close races, and force Republicans to tack (slightly) toward fiscal discipline. His stated goal of controlling “2 or 3 Senate seats and 8-10 House districts” by 2026 sounds modest until you remember that four Senate races and 11 House contests were decided by under two points in 2024. In a 50‑50 nation, margins that slim turn even a 2% spoiler vote into real leverage. And if he’s willing to burn, say, $250 million coaxing ten safe‑seat incumbent Republicans to switch jerseys, he could build himself a small blocking coalition in the House with veto power over key legislation before voters ever see the America Party on a ballot.
On the other hand, not even Musk’s eyewatering fortune is likely to be able to override the laws of political physics that have humbled every third‑party crusader before him. America’s deep-rooted two-party presidential system is designed to strangle third parties in their crib: first-past-the-post, winner-take-all elections herd voters into two big tents, and state ballot-access and federal campaign-finance laws pose formidable entry barriers even for someone with Musk’s resources. Worse still, there are fewer true independent voters than polls suggest: most Americans who dislike both major parties (and there are many of us) tend to hold their noses and often vote for one of them, fearing “wasting” their ballot. The few voters out there who actually affiliate with neither party and are open to voting for a third party don’t agree on much with one another – certainly not on an uncompromising commitment to austerity. Musk may soon discover that building a successful third-party bid in America, especially one centered around Making Fiscal Responsibility Great Again, is not rocket science … it’s harder.
Then there’s Elon himself – a wellspring of liabilities matched only by the depth of his pockets. There’s no denying that he’s a generationally talented entrepreneur and an incredibly hard worker, but the mercurial billionaire’s popularity trails even Trump’s, his attention span is legendarily short for ventures that aren’t core to making him money, and he has a history of not following through on his most outlandish and overconfident promises. Leading a political party will cost him a fortune, distract from his business activities and humanity-saving mission, end in failure and frustration, and otherwise make his life more difficult than it needs to be.
This is especially true if President Trump reacts as viciously against Musk’s betrayal as I expect him to. Should he decide that Musk’s America Party threatens not just MAGA’s political agenda but his personal spotlight, there’s no telling how far he’ll be willing to go to punish him – and to what extent he will be constrained by the rule of law in doing so. Based solely on what Trump has gotten away with doing to other people who have harmed him far less grievously, Musk’s federal contracts, tax subsidies, even his security clearance and US citizenship could be on the chopping block. That risk alone may deter Elon from sticking with this effort for very long, and would-be recruits (many already skeptical about Elon’s long-term commitment to the bit) from joining it.
Musk may yet scare a few vulnerable incumbents or win over the handful of principled libertarians like Rep. Thomas Massie (R-KY), but the structural logic of US politics still points to a binary choice in 2026 and 2028. If the history of US third parties is any guide, his latest moonshot will flame out faster than a Tesla battery. Even in the strongest-case scenario, the America Party is likely to end up looking more like a successful pressure group – something closer to the Tea Party, the Club for Growth, or the Sierra Club – than an electable third party.
Of course, the man who builds reusable rockets and is landing them on barges in the middle of the ocean thrives on low-probability bets. So keep an eye on the launchpad and enjoy the show. After all, even if the party fizzles, Musk is always sure to deliver the one thing Americans consistently reward: entertainment value.