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Russia/Ukraine
Carl Bildt, former prime minister of Sweden and co-chair of the European Council on Foreign Relations, shares his perspective on European politics from Stockholm, Sweden.
How do you believe that the Trump presidency will influence elections in Europe?
Well, of course we don't know. But what we've seen during the last week with important elections in Canada and Australia, not Europe, but fairly similar in other ways, is that the Trump factor has been very important. It has boosted the incumbent governments. It has boosted the center-left. It has boosted those who are seen as standing up to American pressure, and thus produced results both in Canada, primarily in Canada, but also in Australia. Very different from what practically everyone expected a couple of months ago.
Europe, different place. But still we have two important elections coming up, within slightly more than 10 days. We have the first round of the presidential election in Poland. That's very important for the future possibilities of the Tusk government to continue reforming that particular country. And we have the second round of the presidential election in Romania. An important country often forgotten. But there of course, we had gross interference from Russia and TikTok, and a candidate was banned. In both of these cases, we see the Trump presidency acting. They received, in the White House the other day, the opposition candidate. The extreme right nationalist opposition candidate the other day. And they've been making distinct noises in favor of the same political alternative in Romania. Will this backfire in the way it did in Canada, Australia? Remains to be seen. Very important elections both of them. Watch this space.
Nuns walk at St. Peter's Square, ahead of the conclave, at the Vatican, on May 6, 2025.
26: The conclave of 133 cardinals will gather in the Vatican’s Sistine Chapel on Wednesday to begin the process of electing a new pope via secret ballot. To win the job with a puff of white smoke, a candidate must garner the support of two thirds of the conclave, plus one. Cardinal Pietro Parolin, a veteran Vatican diplomat, is the favorite, per Polymarket, which gave him a 26% chance of winning.
182: Some 182 days on from the 2024 election, and North Carolina has still yet to certify state Supreme Court Justice Allison Riggs’ reelection victory. The Tar Heel State did move one step closer to affirming the result on Tuesday, though, after a federal judge narrowed the number of votes that were under dispute. Last November, Riggs, a Democrat, defeated Republican challenger Jefferson Griffin by 734 votes out of 5.5 million cast.
4: All four major airports in Moscow were ordered to shut after the Kremlin accused Ukraine of launching a drone attack on the Russian capital. There were no casualties in the reported attack, which came days before Russia holds a celebration to mark the 80th anniversary of the Red Army’s triumph over Nazi Germany.
14%: The US trade deficit jumped 14% in March, setting a new record of $140.5 billion as American consumers and businesses rushed to buy foreign goods like pharmaceuticals and computer accessories ahead of President Donald Trump’s announcement of global tariffs in early April. Some economists believe US firms were still frontloading purchases well into April.
18,500: An estimated 18,500 Sudanese have crossed the country’s western border into Chad over the last two weeks alone, per the United Nations, with many severely malnourished. Nearly 800,000 Sudanese have fled to Chad since Sudan’s civil war began two years ago. For more on why one of the world’s deadliest conflicts continues, see here.
>$1 million: Chris LaCivita, who ran Donald Trump’s successful presidential campaign last year, is reportedly earning more than $1 million to advise Albania’s former Prime Minister Sali Berisha. LaCivita is rehashing the MAGA message, only with “Albania” replacing “America.” Berisha, who faces corruption allegations, is hoping to lead the Balkan country again after the parliamentary elections on Sunday.A man holding a cake sings Happy Birthday for Calin Georgescu during an event to celebrate Georgescu's birthday, in Bucharest, Romania, March 26, 2025.
Far-right nationalist George Simion won the first round of Romania’s presidential rerun election on Sunday, securing 41% of the vote. Simion, leader of the Alliance for the Union of Romanians, or AUR, is known for his pro-Trump, Eurosceptic stance and opposition to military aid for Ukraine. Simion came in first but failed to reach the 50% threshold needed to win outright. Independent Bucharest Mayor Nicușor Dan came in second with 21% of the vote, edging out centrist Crin Antonescu,and will face Simion in the runoff on May 18.
What led up to this election? The vote is a rerun afterthe Constitutional Court annulled Romania’s November 2024 presidential contest over allegations of Russian interference. Moscow was pushing for ultranationalist candidate Călin Georgescu on social media in November, and though barred from running, Georgescu remains influential – he even voted at Simion’s side on Sunday – and could play a significant role in an AUR administration.
How did Simion succeed – and where would he take Romania? Simion tapped into widespread public discontent with Romania’s political establishment, struggling economy, and skepticism toward EU institutions. His rise could bring Bucharest closer to Moscow, and he has pledged to end Romanian support for Ukraine in its war with Russia.A fire rages in an apartment block damaged by a large-scale Russian drone attack in Zaporizhzhia Where: Zaporizhzhia, Ukraine When: 01 May 2025
Is US President Donald Trump turning the tables on Ukraine? On Sunday, the New York Times reported that Washington would be sending Kyiv a Patriot air defense system being refurbished in Israel, while Greece and Germany are discussing whether to furnish another one. The US deal was apparently struck under the Biden administration but had not been announced; when asked about it, the White House commented only that Trump “wants the war in Ukraine to end and the killing to stop.”
The news comes after Russia has stepped up its attacks on Ukraine, and mere days after Kyiv signed a long-awaited minerals deal with the White House. On Saturday, Ukrainian President Volodymyr Zelensky said he is open to a ceasefire but rejected Moscow’s proposal for a three-day pause as “a theatrical performance.” He emphasized the need for a 30-day truce to facilitate any meaningful talk of peace – a position Washington supports as well.
But those talks could still prove elusive. On Sunday, Russian President Vladimir Putin declared that Moscow possesses the strength to bring the war to its “logical conclusion with the outcome Russia requires.” All eyes are now on Russia’s Red Square Victory Parade in Moscow on May 9 – at which Chinese President Xi Jinping and other leaders will be in attendance – and for which Ukraine has offered no safety guarantees. The deputy head of Russia’s security council, Dmitri A. Medvedev, posted to Telegram that, “in the event of a real provocation on Victory Day, nobody guarantees Kyiv will see May 10.”
Carl Bildt, former prime minister of Sweden and co-chair of the European Council on Foreign Relations, shares his perspective on European politics from Stockholm, Sweden.
What is the importance of the so-called minerals deals, which have now been concluded between Ukraine and the United States?
Well, I think it's primarily of political significance, and I think the Kyiv team has done good work and so has the US team in getting a somewhat more realistic agreement. It sets up a reconstruction fund, joint efforts to finance different reconstruction things, so I don't think it's going to have any immediate substantial impact in material terms. But I do think that it takes away an irritant in the Trump-Ukraine relationship, and that is important itself. It might make it somewhat more difficult for the Trump team to just dump Ukraine in the way that some of them might have been inclined to do.
What is the importance of the visit by the Danish King Frederik to Greenland?
Well, I don't think it should be seen primarily in the context of the relationship with Trump and his bizarre ambitions to take over Greenland. It's a new king in Denmark. He's the sovereign. He has a very strong personal relationship with Greenland. It is a new government, a new parliament in Greenland after the elections there in March. And it is to some extent, of course, a new geopolitical situation. So I think it was very natural for the sovereign, the King, to come and spend some days together with the new leadership in Greenland and pave the way also for the new discussions on defense relationships and the overall relationships that are going to come now between the Copenhagen and the Nuuk authorities. But certainly, it sends some sort of signal to Washington as well.
A photovoltaic power station with a capacity of 0.8 MW covers an area of more than 3,000 square metres at the industrial site of the Chernobyl Nuclear Power Plant, Kyiv region, Ukraine, on April 12, 2025.
Two months after their infamous White House fight, the US and Ukraine announced on Wednesday that they had finally struck a long-awaited minerals deal.
What’s in this deal? It creates a joint US-Ukraine investment fund to invest in the development of Ukraine’s rare earth minerals – which are used in electric vehicle batteries and other consumer and military technology – as well as oil and gas. Future US military support for Ukraine will be counted as part of Washington’s investment in the fund. Revenue from the natural resources extraction will be split 50/50 between the two countries. None of the proceeds of the fund will be used to reimburse the US for the roughly $120 billion in aid it has sent so far.
Will the deal help end the war? Ukraine’s President Volodymyr Zelensky has argued the deal would give Washington a stake in Ukraine’s peaceful future, making it less likely that Trump would halt all US support for Ukraine’s defense against Russian invaders. Trump prides himself on his ability to cut big deals and will protect an agreement once signed. The president noted during a press event at the White House yesterday that the US presence in Ukraine “will keep a lot of bad actors out of the country.” That’s clearly what Kyiv is hoping for. The text of the deal recognizes a “free, sovereign, and secure Ukraine.
But this deal, however lucrative for the US and useful for a Ukraine desperate to keep Trump onside, doesn’t change the reality that Kyiv and Moscow’s visions for Ukraine’s future are fundamentally incompatible. That said, anything that keeps Washington invested in Ukraine’s defense will be greeted as good news in Kyiv.
One last step. Ukraine’s parliament must still ratify the framework for the deal before it becomes law.
Ian Bremmer's Quick Take: It is a hundred days of President Trump's second administration. How's he doing? And the answer is not so well, certainly not if you look at the polls. Worst numbers for first a hundred days of any president since they've been taking those polls. Markets, of course, down, global economy also down, so much of this self-imposed. And it's not the big-picture policy ideas. The things that Trump says he wants to do are not only popular, but they're also sensible policy: end wars, secure the border, and fair trade. Running on those three planks would work for pretty much anyone in the United States, the things that Trump is committed to, the things that previous administrations, including Biden and the promise of Harris, had not been particularly effective at. But the implementation has been abysmal. The lack of interest in policy specifics, lack of ability to effectively execute, and the dysfunction inside the Trump team/teams, economy, national security has been really challenging.
Tariffs, of course, so far have been the big problem, big internal fight on what it was that Trump should do and for what purpose. In terms of the purpose of these tariffs, you had so many ideas, and a lot of them were mutually contradictory. You're meant to raise revenue and lower taxes and reshore manufacturing and balance deficits and decouple from China and improve national security and on and on and on. These tariffs were going to be a panacea for absolutely everything, and you can't accomplish all of it. And that means that all of the fights that are going on, these countries don't know what the Trump administration actually wants. Bessent, the secretary of treasury, came in with one idea, and Peter Navarro, who initially won, came in with a second, the senior trade advisor in the White House, and Lutnick sort of had a third, and now Bessent is in charge for now, nominative.
Of course, Trump is really in charge, and Trump isn't interested in the specifics. He just wants deals. He wants wins. And he's saying, "Well, you guys, you other countries, you tell us what you're going to do. Well, it's not our job to tell you what we want, even though we're the ones that are expecting these deals to come together." And of course, it's happening with the Americans picking fights with all of these countries, literally everybody in the world simultaneously. And the impact that's going to have on the American economy is going to be dramatic. It's going to be long-lasting. It'll be, in many ways, as big as the pandemic, but completely self-imposed.
And even if deals were put together tomorrow, and they won't be, with the Europeans, with the Mexicans and Canadians, with the Chinese in particular, you'd already have a massive long-term disruption because the supply chains, the tankers, the contracts have already been severed for a period of time. And every day this goes on is a day that it's going to get worse. So that's going to lead to a lot of inflation in the United States, going to lead to a lot of bankruptcies and need for stimulus in other countries around the world, and the average voter's not going to be happy about that at all, which does help to explain why they did Liberation Day the day after elections in the US, special elections in Wisconsin and Florida and elsewhere.
Ending wars, Gaza did have a ceasefire early on, but not now. And now Trump is planning his trip to the Gulf and doesn't have Israel on the schedule, at least not yet, because there's more fighting happening between the Israeli Defense Forces and what's left of Hamas. And that fighting is not something Trump wants to see. Let's see how successful he is at bringing it to a ceasefire.
More important for everyone right now in the United States is the Russia-Ukraine War. The Americans are pushing to end that war, and Trump has had some success in getting the Ukrainians to the table because they understand that the or else is their intelligence and defense support from the US will be shut down, as it was suspended, so they're taking it very seriously. But the Russians are not because Trump has not displayed much of an or else for the Russians, hasn't said directly that if Russia refuses to do a ceasefire, that the US will provide more support for Ukraine, even though Trump advisors were saying that before he became president, has said, "Well, maybe there'll be secondary sanctions." But Trump is not making this very serious for Putin, and so Putin isn't taking it very seriously. Nobody thought he was really going to end the war in a day, but it's been a couple of months of effort, and clearly now Trump and team are losing patience and it's looking increasingly that they might walk away, which is why they're engaging with the Iranians and why, heck, Kim Jong Un probably is going to get a call at some point, right? Because Russia-Ukraine not working so well. So much for ending those wars.
And then on the border front, where Trump is having much more success in terms of policy, you don't see illegal immigrants coming into the US at anywhere close to the numbers they were under Biden or during Trump first term, and that has been a response to effective US policy. But there's also been overreach in terms of refusal to carry out the rulings of federal justices and even the Supreme Court, and that overreach is something that most Americans oppose. So even in the area where Trump is doing the best, his numbers are actually not as favorable as you might otherwise expect because of the dysfunction and because of the overreach of a more revolutionary Trump orientation.
Look, even DOGE, where I was kind of hoping in the early days that DOGE was certainly going to be effective at taking a lot of the corruption and the overspending out of the US government, but much less has been done on that front. There's been lots of claims of fraud, but very little evidence of actual fraud. There's been lots of claims that they were going to take two trillion, then one trillion, then maybe 150 billion, and now looks like less of that with Elon in charge of DOGE. And the focus that they have had has been much more politicized, much more ideological. Anything that looks like DEI or woke, let's just remove all of it and not necessarily do it with a scalpel, but more with a sledgehammer or a chainsaw, which means a lot of important programs get caught up, along with programs that no Americans should be funding.
And so overall, it's been a very challenging first hundred days. This is very much a move fast and break things approach. They are moving very fast. They are breaking a lot of things. There's not a lot of building, at least not yet. And a lot of Americans, while they feel that their government is inefficient and bloated, very few Americans want to see the government be broken further than it already is and less effective than it is, and that is so far what people are seeing. They're seeing it at home and they're seeing it internationally.
And they're not seeing a lot of restraint, even as mistakes are made, not only because Trump is never going to admit to have made any mistakes, of course that is something that you see from pretty much every president, but also, unlike most presidents, he's surrounded by people that don't tell him when he gets things wrong. And that is very different from Trump's first term, and that's a problem because you want to have people, irrespective of how loyal they are to you, you want them to be loyal first and foremost to the country. But Trump doesn't want that. He wants them loyal to him before they're loyal to the country, and that means not giving him information when he screws up because he will retaliate against them. And that's going to get you negative outcomes, I think, not just for the first a hundred days, but also for a much longer period of time in the United States and internationally. I hope I'm wrong. I certainly want to see him succeed, I want to see the country succeed, but that is not the trajectory that we are now on.
That's it for me, and I'll talk to y'all real soon.