The GZERO World Podcast heads to Davos, Switzerland for the World Economic Forum this week for a look at transatlantic relations and how President Trump’s second term is reshaping the global order. Uncertainty and tensions were high this week as Trump doubled down on his desire to control Greenland—before announcing a deal with NATO over the Danish territory’s future and walking back tariff threats. Ian Bremmer spoke with Finnish President Alexander Stubb on the sidelines of Davos to discuss the future of the transatlantic relationship, Arctic security, the war in Ukraine and why, despite so many geopolitical challenges, Europe is more united than ever.

Then, Bremmer sits down with Kristalina Georgieva, Managing Director of the International Monetary Fund, for a look at the surprising resilience of the world economy. Georgieva says there are four key reasons why the IMF upgraded its global growth forecast for 2026. They also discuss the importance of independent central banks and Trump’s push for more control over Fed policy.

Host: Ian Bremmer

Guests: Alexander Stubb, Kristalina Georgieva

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It’s been a year since President Trump returned to office, this time with fewer constraints, a better understanding of how government works, and a much more muscular view of US foreign policy. This week on the GZERO World Podcast, Harvard’s Stephen Walt joins Ian Bremmer to help answer a simple question with complicated answers: what kind of presidency is he building this time around?

Over the past year, we’ve seen a dramatic expansion of presidential power and a rewriting of America's role in the world. There’s been a retreat from multilateral institutions, targeting of long-standing allies, and a view of global politics where great powers dominate, and weaker ones fall in line. It’s a big departure from 80 years of the postwar order America spent building and leading. How much more will change by the time he leaves office?

Host: Ian Bremmer

Guest: Stephen Walt

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Ian Bremmer unpacks the fallout from the Trump administration’s dramatic operation in Caracas that captured Venezuelan strongman Nicolás Maduro and brought him to the US to face federal charges. The raid was a stark demonstration of American power, and few are mourning the fall of a leader whose rule helped collapse Venezuela and drive millions to flee. But even with Maduro gone, the hard questions start immediately: who governs now, how long does the US stay involved, and how quickly could “stability” turn into something far messier?

First, Bremmer speaks with Democratic Senator Ruben Gallego, who says the operation may have been “limited” in scope, but the political and strategic risks are only beginning. Gallego argues that the White House is improvising and that Congress is watching closely for signs of escalation. “There really isn’t a plan,” he warns. “They’re kind of just playing this as it goes, which is very scary that they’re doing that.” He lays out what a more sustainable path could look like, including releasing political prisoners, setting a timeline for elections, and pursuing economic steps that reduce the chances of renewed conflict.

Then Bremmer is joined by Stanford political scientist Frank Fukuyama, who cautions against viewing Maduro’s capture as a clean “one and done” victory. The regime, he argues, is bigger than any single leader, and the US may be stepping into a long, unpredictable project whether it admits it or not. “Let’s not kid ourselves,” Fukuyama says. “This is a nation building exercise.” From the risk of economic collapse and refugee flows to the precedent set by a US foreign policy driven by raw leverage, Fukuyama and Bremmer explore what happens when Washington embraces the “law of the jungle,” and why the consequences could extend well beyond Venezuela.

Host: Ian Bremmer

Guests: Ruben Gallego and Francis Fukuyama

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