fighter-bombers, to dominate eurasia.is punching through circles of steel, breaking the u.s. geopolitical group over eurasia. and consolidating its control. moreover, china has built 40 ports ringing the eurasian landmass and the coast of africa. so the combination of this geopolitical circling of the coastlines of eurasia, combined with this massive grid of infrastructure across the continent, is placing china in control where it is going to dominate the eurasian landmass. that is the key to geopolitical power. has been for the last five centuries and will likely be for the rest of the century as well. juan: professor, i would like to ask a couple of things. first of all, we talked about china and u.s. as if they are two separate economic spheres. often they are regarded that way in competition. it hasn't american capitalism depended for decades on the chinese working class to produce its goods at low which levels? so in a growing rit between china and the u.s., which economy is likely to suffer the more profound of peop

sam fazeli a bloomberg intelligence and scott rosenstein of eurasia group, inc.ou for your insight. coming up jimmy conway will join us next on a red friday for this equity market. this is bloomberg. ♪ his is bloomberg. ♪ guy: european stocks have had a lot to think about over the last few weeks. we have been mainly focused on what has been going on with inflation. covid has been in the background. we have been increasingly worried about increasing delta case is that we have seen and pleases like austria. that story now has been put on steroids as we look at what is happening with this new variant and figure out what is going on. but isn't -- but even as we have come into november, looking to december, we have seen the pickup and hedging. that certainly has been a factor. people have been looking at their portfolios. they have had a great run this year. but there was still this expectation that we are seeing a significant pickup into year end for equities. hedging demand has increased, but the market generally has been on the front foot. more worry about inflatio

and the director of energy, climate and resources at eurasia group and joined us from london.nk you for being with us. how much of this is about cooling down oil prices and how much of this is about president biden's falling approval ratings? >> it is really about both. thanks for having me on today. it is about both and they are both quite related. the administration is fighting the messaging and the data around information broadly and with energy and petroleum products. it is front and center. i think they are handling the economies and one of the aspects of the polling that comes out. i think there is a targeted plan to address that. and certainly lowering oil prices is the goal. we are just about to go into thanksgiving weekend. i'm about to hit the road myself. followed by we will have the holidays coming up later in december. there'll be a lot of travel coming up in the u.s. wanting to lower the price at the pump is a key priority. it goes hand-in-hand for sure. i think we will get to it later in the conversation. the focus is short-term price relief. there are medium-te

is michael, he is a senior china analyst for the eurasia group, which helps investors and businessesstand how politics impacts markets around the world. michael, good to have you on the program. there were smiles all around at the beginning of these virtual talks between biden and xi. but there was some harsher rhetoric when it came to trade. how did you read that? guest: well, i mean, i think as with many issues, as you have said, really a lot of the fundamental differences are going to be very difficult to bridge between the two. this meeting was really about looking to avoid tail risks. a recognition by both leaders that the relationship has been on a trajectory where a crisis was a real stability. it's neither side and neither leader. so i think the back-and-forth on trade on taiwan reflects the fact that it is going to be very difficult to make progress on these issues. trade, i would say, is difficult. but probably, there is a bit more room for cooperation, certainly on an issue like taiwan, which is really, truly intractable. brent: you say it is intractable. we have two count

i said bake jazeera poland. care giles is a senior consulting fellow of the russian and eurasia programmer. chatham, how does, he says it's not clear what bellows and russia are trying to achieve in this crisis . neither of those 2 capitals actually stated there demarc, they've not said what it is they actually want to achieve by triggering this process. now it could be that some of the most easy and obvious gains for both of them have already been negated because it might have assumed that it would be easy to split poland from the you and to divide the yoga. how to respond to this process . and show within poland, which already had the argument with brussels. that actually the was not coming to say, but to everybody's surprise that you have responded in the right way to this. it's showing unity solidarity. it's backing poland. it's not giving me a hard time for not allowing these refugees through and it's stepping up sanctions against those parts in the human trafficking pipeline to actually cut off the flow to the border altogether. so it looked as though if the game was to try to discre

ian bremmer is president and founder of eurasia group. hejoins us now from singapore.in on bbc world news. at the beginning of the week, president biden and xi jinping are talking now, now president biden is considering a diplomatic boycott of the winter olympics so it is again a rocky time in the relationship between america and china. it relationship between america and china-— and china. it is a better time in the relationship. - and china. it is a better time in the relationship. the - and china. it is a better time in the relationship. the lastl in the relationship. the last couple of weeks were marked both by the chinese expressing willingness to engage with the americans directly on climate at the cop26 and then an over three hour meeting between the americans and chinese at the head of state level, where they are trying to find ways to lower the tensions in the relationship. you don't yet have an announcement of a diplomatic boycott, despite the fact that is clearly where the biden administration had been heading before the summit, before the virtual summit, an

and we discussed the story with the old rasmussen, executive vice president of the eurasia center and kennestone from the hamilton coalition. just off the wall. when david suzuki says the result is going to be that pipelines are blown up, always saying is that canadians are frustrated by the canadas hypocrisy when it comes to the environment. and actually the man is 100 percent, correct. he did not call for illegal activity. he is merely expressing the frustration of canadians at the hypocrisy of our governments, while the canadian government is making these climate commitments at the same time, the canadian government bought a pipeline to extract very polluting car sans oil. the british columbia government is trying to push a pipeline through native land, the wet to wet and land, and other native lands that the people do not want. i think especially someone with his prominence and exposure saying such thing. whether there were men directly or not provide the mechanism in it and it. busy is platform a reaches many people and you've got, you've got different sectors in the environmenta

business days from eastern europe, eurasia middle east africa ban. welcome back. it's been all righty. let's talk about a part of the world that is not getting a lot of attention on mainstream media is becca stam. you just returned from a week long trip there. tell us about what you saw on the ground in terms of their booming economy. yes, so change i went there 2025 years ago. so the after independence in the country is completely collapsed. this is an agriculture country, many dependent on cotton exports. and it was run by the name of the last 25 years. they had one president since independence used to be the soviet us. and 5 years ago they brought in a new president and he opened the country up last month, migration after a liberalize the currency of the exports made friends with his neighbors and had been lobbying and within the former soviet union and also to europe and to the arab nations, the south issue, so interesting. and if booming is absolutely booming, all this, all these, these liberalization works. and every i went to a number of big companies in se

it's business news from eastern europe, eurasia. the middle east africa always applies to have been on the show ban awhile back. sim x, last cuts are all righty. so the natural gas crisis in europe, let's talk about that. everyone has an opinion or an accusation on who's to blame. what's going on? what are your thoughts on this? i, i think it's certain there's, there's been a perfect storm and everybody's been accusing russia carrying the gas in order to use it as a weapon against specifically ukraine. but the, you, in general, however, most of what's happened with spiky prices can be put down to market force. and it's kind of complicated. i mean, it's one packet. in 2000 times there was very warm wind. and at the same time, russia. ready was in an argument with you kind of a gas transit and so builds up massive storage and the price is plummets as a result of that. but then the following year in 2021 that was extremely cold and it went on in the spring. and so everybody used up their gas and then suddenly realize they hadn't got en

were called, break to find a clue, says strategic alliance with russia to build on the strength of eurasia, which could act as a balance to china and to the us. there were plenty of other hard hitting words to about the you particularly over it's management of the current energy crisis that we are in a complete a mass. now when you room marquez her are, are feeling completely at the prizes arm. extraordinary. hi, it is approve of history, young and anxious. we rapid gas price growth in europe is mostly connected to an excess of confidence and renewable energy sources. so mythologies say that this year, the wind force in europe was 15 percent lower than average. that negatively affected power generated by wind turbines and lead to the lack of gas reserves in europe, and nobody would be europeans would be val advice to enter into a reasonable dyrock with our supplier countries. instead of making a crazy many you politicians may find it tempting to lift the burden of responsibility from themselves and perhaps lay the blame on someone else. and you guessed it, in this case, it is on russia. bu

. _ earlier i asked ian bremmer, president and founder of eurasia group, whether this is a sign the relationships a better time in the relationship. the last couple of weeks were marked both by the chinese expressing willingness to engage with the americans directly on climate at the cop26 and then an over three—hour meeting between the americans and chinese at the head of state level where they are trying to find ways to lower the tensions in the relationship. we don't yet have an announcement of a diplomatic boycott, despite the fact that is clearly where the biden administration had been heading before the summit, before the virtual summit, and there is a lot of pressure on the americans right now because, of course, biden recognises that he did lose some vote in 2020 in swing states from working—class folks who believe he was soft on china. i can tell you the biden white house, if it was up to them, they are trying not to have a diplomatic boycott of the olympics. if it does go ahead, this diplomatic boycott, would it make much difference? especially if the athletes are still going to compet

he's the owner of b and e dot e u business days from eastern europe, eurasia middle east africa ban. welcome back. all righty. let's talk about a part of the world that is not getting a lot of attention on mainstream media is becca, stan, you just returned from a week long trip there. tell us about what you saw on the ground in terms of their booming economy. a change i went to 2025 years ago, shortly after independence and the country is completely collapsed. this is a country many dependent on con exports and it was run by a car for the last 25 years. they had one president since independence, who used to be the us. and 5 years ago they brought in a new president and he's opened the country up. he's launched modernization effort . a liberalized currency. started exports, made friends with his neighbors, and have been lobbying and within the c, i s the force of the union and also to europe and to the arab nations, the south, which are so interesting. and it's booming. it's absolutely booming. all this, all these them, these liberalization, have worked, and every, i went to a number

because, first of all, asia is still in trouble --so, the first thing for india, eurasia leaders havele still is the economic issue and plus asia needs lots of support from their economies in terms of technology. because we cannot rely on the conventional renewables like wind power, like solar panels. we need more technology like geotherm. hydro power and nuclear. we need that variety of technology to cure energy shortages. more than the conventional ones. haidi: how much collaboration is their right now when it comes to those goals, whether it is on technology and other issues between governments, and the private sector and businesses like yourself? >> yeah, well, we have committed to providing support like plastic issues and like the greenhouse gas emission things. giving technology and providing funds from the government of japan, for example, to southeast asia. >> when it comes to your goal specifically we know that you have targeted some ambitious goals, including reducing water usage by 15% of 2030, 50% by 2050, net zero gas emissions. give us an update about how much progress h

i want to bring in ian bremmer right now, president and founder of the eurasia group and g-0 media.wanting to be seen as a global leader on issues like this, are other countries convinced that we can play that role, and do they need us to play that role? >> they would like us to play that role. certainly, our allies would like us to be doing more. i will tell you, on the readouts that i've got. on the meetings that biden has had at the g-20, every single international leader has been pressing on, when's this $3 trillion coming? because he's been talking about it with foreign leaders since he's become president. and that's a big part of the climate agenda. so, i mean, we're really caught up with it here in the united states, and of course, it's not helped his approval ratings, but internationally, it matters, as well. what's interesting is, even though we're not playing as much of that role as our allies would like, most of our allies have been much more antagonized by the chinese, and asia, in particular, and by the russians in europe, in particular. and that has helped to ensure th

china is a long-term threat, but the immediate threats are centered on eurasia as well as internal instabilityeurope through gas and all these immigration crises that russia is probably playing a hand in developing. >> yeah. and obviously you famously testified during the former president's first impeachment trial. here we are coming up on the one-year anniversary of january 6 which led to his second impeachment. i'm just wondering, as you're watching the house select committee investigating january 6 do its work, if they can't get some of these key trump allies, people like rudy giuliani who we had to deal with during the whole ukraine saga, if they can't get some of these key trump allies to testify, and this thing gets dragged out in the courts, what happens, do you think? >> i think time is limited. there is potentially a window up to 2022, and those congressional election, midterm elections, to take action. there is a good chance that republicans could sweep in and gain control of congress. you would think that president biden's significant successes on the economic front with regards to

ian bremmer is the president of the eurasia group. good to have you back as always.that's a smart approach, an abundance of caution here. some of that seems to be learning that we didn't move quickly enough with delta to take steps to try to stem it. >> well, i mean, there is a perform tiff aspect to this. governments want to show they are doing something in case this represents a worse case scenario. and a third pandemic. and that's why you see all of these sort of travel restrictions, but you're not seeing sudden imposition of lockdowns and i think that's appropriate. in china, you're maintaining zero covid policy, no surprise there. they knew they couldn't open up because their vaccines weren't very effective against delta to begin with. so i'm not sure in terms of real policies that are affecting actual citizens living in these countries that we are seeing a very significant chain so far. what we're seeing is that south africa and a bunch of other states aren't able to travel anywhere. and if this vaccine -- we already know this variant is everywhere. so, i mean,

. >> reporter: melinda haring is the deputy director of the eurasia center at the atlantic council, artisan think tank. she said that as lukashenko became more authoritarian and more isolated in the west, he sought ways to appear legitimate. >> so he is saying, i control the migrants. i'm in charge of the situation here, and you're going to have to negotiate with me. >> reporter: his regime used social media campaigns: offering visas, direct flights and hotel reservations to people in iraq, syria and afghanistan. they lured migrants to belarus with the promise of getting to e european union. but when they arrived, authorities abandoned them at european borders. in response, the european union threatened new sanctions. in the past week, camps on the belarus side of the border have disappeared. >> it reached such a fever pitch that lukashenka had to back down. >> reporter: belarus sent some migrants to the warehouses, and many others back towards europe. these siblings, from syria, said belarus officials drove them to the polish border. >> ( translated ): they forced us every day to cro

yourself, i recognise we left schultz, i can't place him, then i should warn you as the president of the eurasiainking of. because that gentleman on the left is of course senator chris coons, a regular on this programme. and he says they have been seen in the same room together. and i'll remind you that doppelganger is a german word and highly applicable in this particular instance. still to come. americans will soon be serving up come. americans will soon be serving up the most expensive thanksgiving dinner on record. we will look at what that means for families up and down the country. here, anyone convicted of killing an on—duty member of the emergency services while committing a crime in england and wales will automatically receive a life sentence, under government plans. the proposed change in the law follows a campaign by the widow of pc andrew harper, who died trying to stop a burglary in 2019. his teenage killers were convicted of manslaughter. lissie harper spoke of her relief at the changes. i remember sitting in the garden having a conversation about why we needed to do this. and it s

neil gruma from eurasia group and the asia development group vice president will be speaking. here with me is haslinda amin. you have had a really busy night. you spoke with the prime minister who had some very interesting comments when it came to taiwan. haslinda: the prime minister weighed in on the issue of taiwan. he said we are not seeing a war overnight, but tensions remain. we are seeing the u.s. increasingly engaging taiwan. they are seeing how china is testing taiwan's capacity, so there is a risk that a war could happen if there is miscalculation, so he says be careful. of course, we have had so many great guests on day one of the new economy forum. we heard about talking to continue to open up china to foreign investments. we also had henry kissinger weighing in on u.s.-china tensions and now day two. we have so much more to go, if it is drug development of medicine, pandemic readiness, and of course, climate as an issue as well. haslinda: we talked about taking a pulse check of the health of our planet following cop 26. we are increasingly tapping space to solve pr

, this really is a situation where you can see problems on both ends and this could spread beyond eurasiae protest in the u.s. thinking we will not make good on those protest or a stern warning. russia thinking in the case of a potential invasion of ukraine or china with the potential invasion, more of taiwan administered islands before taiwan that we won't do anything. >> that is in calculus, they look at the white house and they see in disarray, after the fall of afghanistan, noticeable change in chinese propaganda saying it was incapable of winning wars and they mentioned taiwan, when we invade taiwan will fall in the u.s. will not come to help, also something disturbing. in people's daily which is official, the most official publication in china they're talking about the u.s. launching barbaric attacks against china. this is propaganda and we americans never pay attention to it, what china is doing is laying the justification for strike on the u.s. or u.s. interest, this is a particularly dangerous time for us because we are not paying attention. >> we assume that given our economic r

bush, and later as senior director for russia, ukraine and eurasia affairs under president clinton. in those roles he helped shepherd the united states through the clachs of the soviet union and establishment of new relationships with the former soviet bloc countries. in 1997 he was named u.s. ambassador to greece where he helped to expand our bilateral defense relationship and counterterrorism. in 2001 president george bush selected him to serve as u.s. ambassador to nato. he took post one month before the attacks of 9/11. when the alliance invoked article 5 for the first time in its history. he later served as secretary of state for political affairs. ambassador burns has established a deep understanding of the united states' relationship with china and has been a returning visitor to china for more than three decades. as a junior officer he first accompanied secretary john schultz in 1988 and president bush in 1989. and later accompanied secretary madeline albright to hong kong in june 1987 for his handover from the united kingdom to the people's republic of china. after his reti