Why Grand Bargains Elude Washington, Beijing and Moscow

Portrait montage of world leaders Vladimir Putin, Xi Jinping, and Donald Trump.

High-level summits in Beijing between leaders of the U.S., China, and Russia highlight a new era of strategic distrust. As interdependence fades, these powers are prioritizing economic resilience and flexible, time-limited understandings over comprehensive global accords. This shift reflects a broader trend toward a fragmented, multipolar world defined by competition rather than shared rules.

Putin-Trump Talks Chart Path Beyond Ukraine Stalemate

Split screen showing Vladimir Putin and Donald Trump both speaking on landline telephones.

Recent high-level discussions between President Trump and Vladimir Putin suggest a pivot beyond the Ukraine stalemate. Building on the 2025 Anchorage Summit, the leaders are exploring limited cooperation on Iranian enrichment and energy markets. This evolving dialogue signals a shift toward pragmatism, as both capitals navigate a complex multipolar landscape.

Israel’s Lebanon Quagmire Drains a Tired Military

Large plume of smoke rising from an explosion in a hilly, residential area of Southern Lebanon.

Weeks after a mid-April ceasefire, Israeli forces remain entrenched in southern Lebanon, facing a war of attrition. The mission, characterized by outpost defense and infrastructure demolition, is severely straining military readiness and reserve morale. Without a clear political exit strategy, the situation risks repeating the unsustainable occupation cycles of previous decades.

Iran War Drives Saudi Red Sea Recalibration

Saudi Crown Prince Mohammed bin Salman engaging in a conversation with a regional leader and military officials.

The conflict with Iran has prompted a strategic recalibration in Saudi Arabia, shifting focus toward the Red Sea to bypass the blocked Strait of Hormuz. By expanding the East-West pipeline and NEOM’s port infrastructure, Riyadh aims to secure trade routes amid a deepening rift with the UAE and volatile global energy markets.

Europe’s Israel Policy Faces Public Reckoning

Ursula von der Leyen and Isaac Herzog walking together at the European Commission building in Brussels.

European nations are facing a significant public reckoning regarding their Israel policies. As favorable views reach single digits in several countries, a massive citizens’ petition has forced EU leaders to debate the suspension of the Israel Association Agreement, exposing a deepening divide between government diplomacy and public sentiment.