Trending Now
We have updated our Privacy Policy and Terms of Use for Eurasia Group and its affiliates, including GZERO Media, to clarify the types of data we collect, how we collect it, how we use data and with whom we share data. By using our website you consent to our Terms and Conditions and Privacy Policy, including the transfer of your personal data to the United States from your country of residence, and our use of cookies described in our Cookie Policy.
{{ subpage.title }}
What We’re Watching: Trump and Musk feud, Russia retaliates, Bangladesh sets elections
Will Trump and Musk kiss and make up?
The extraordinary public feud between US President Donald Trump and his former government efficiency czar Elon Musk continues. Despite late night reports that the two alphas were seeking detente, Trump was reportedly unwilling to engage with Musk again on Friday morning. The potential break-up risks fracturing the MAGA coalition and could affect Trump’s efforts to pass his “big beautiful” spending agenda (which Musk has called “an abomination.”) And if things get really ugly, could Musk actually start a third party?
Russia responds “very strongly”
Russia haspounded Ukraine with airstrikes over the past 24 hours, in response to Kyiv’s recent drone attacks which crippled a third of Russia’s strategic bombers. The ferocious exchange comes after Ukraine-Russia talks earlier this month went nowhere: Kyiv wants an unconditional ceasefire, Russia wants only a partial one. Trump, who spoke with Putin this week and warned that Russia would respond “very strongly”, said yesterday the two sides, already at full-scale war since 2022, may “need to fight for a while.”
Bangladesh to hold elections next spring.
Bangladesh, a South Asian country of 173 million people, will hold national elections in April 2026, the country’s de facto prime minister, Muhammad Yunus, announced on Friday. The textile-exporting nation has been without an elected leader since a student uprising last August forced then-Prime Minister Sheikh Hasina to flee to India. The opposition Bangladesh Nationalist Party had pushed for an election this December, but Yunus said he wanted to ensure a free and fair electoral process before sending voters to the polls.
Elon vs. Trump: Billionaire fallout goes public
Ian Bremmer breaks down the clash in his latest Quick Take, calling it “super dysfunctional … but what isn’t around US politics?”
The fallout stems in part from a sweeping tax-and-spending bill Musk opposes, but deeper tensions are personal. Trump abruptly cut ties with Musk, removing key allies like NASA’s administrator, despite Musk's massive political donations and behind-the-scenes influence.
Musk, feeling betrayed, fired back, publicly suggesting Trump should be impeached. Ian warns the feud reflects deeper dysfunction in American politics, where influence is bought, loyalty is volatile, and institutions bend to personal power. Still, don’t rule out a truce.
As Ian notes, “They can clearly patch it up, and they should … because it is in both of their interests.”
Israeli Prime Minister Benjamin Netanyahu followed by National Security Minister Itamar Ben-Gvir walk inside the Israeli parliament, the Knesset, in Jerusalem March 27, 2025.
Netanyahu’s coalition is crumbling
Israel’s ruling coalition is facing its most serious crisis yet. Two of the country’s ultra-Orthodox parties — United Torah Judaism and Shas — announced they are quitting Prime Minister Benjamin Netanyahu’s government over proposed changes to long-standing rules that exempt ultra-Orthodox students from Israel’s military draft. The split is likely to collapse the coalition. The centrist opposition Yesh Atid party has already filed a motion to dissolve the Knesset, Israel’s legislature. A vote on that, set for June 11, is likely to succeed, triggering a general election by November.
The withdrawal of the two parties came in response to a bill introduced by a member of Netanyahu’s Likud party that would curtail military exemptions. The ultra-Orthodox community has largely been exempted from military service since Israel’s founding, but that arrangement is under growing strain as the Gaza war stretches Israel’s manpower, forcing repeated reserve call-ups that have generated increasing public anger at this exemption.
“This issue — ultra-Orthodox conscription — is part of a divide that’s governed Israel for 70 years. It’s not new, but it’s symbolic of the larger cultural war,” says Middle East Institute Scholar Dr. Ilan Peleg.
But this was just the straw that broke the camel’s back. Netanyahu’s coalition has been becoming increasingly fractured as polarization and government dissatisfaction has risen in the country. The prime minister is personally motivated to remain in charge to preserve his legal immunity amid ongoing corruption trials. To do so, he has relied on two key groups to stay in power: ultra-nationalists who want to escalate the war in Gaza beyond what much of the Israeli public is willing to tolerate, and ultra-Orthodox parties who insist on maintaining exemptions from military service — a stance that has generated resentment among some non-Orthodox Israelis, who bear the brunt of the war effort.
With the ultra-Orthodox unlikely to return without a clear legislative fix — and none is forthcoming — the odds of a government collapse are high.
This upheaval raises big questions.
The first is Iran. “The threat posed by Iran’s nuclear program is one of the few unifying issues among Israelis,” says Eurasia Group’s Middle East Director Firas Maksad. “A successful raid that delays Iran’s ability to acquire a nuclear weapon could strengthen Netanyahu’s domestic position.”
But a dramatic move against Iran, without strong US backing — particularly from President Donald Trump, who currently favors diplomacy — would carry major risks.
“Even if it’s possible technically to do it, maybe desired by Israelis,” Peleg explains, “the American veto would be a major factor on the negative side.”
The second is Gaza. Early elections would raise pressure on Netanyahu to secure more hostage releases from Gaza and strike a temporary ceasefire — with growing war fatigue and frustration over hostages likely to weaken Likud at the polls.
If the government collapses and elections are held, the increasingly unpopular Netanyahu could lose his grip on power. He would be challenged by former Prime Minister Naftali Bennett, whose newly-registered right-wing party is currently leading in the polls.
Netanyahu, a skilled politician who has held the premiership in several stints since the 1990s, has come back from more than one prediction of his demise. Will this time be different?
Maksad says that while it’s “not impossible that [Netanyahu] could manage to return the premiership… It would be an uphill battle.”
U.S. President Donald Trump speaks next to U.S. House Speaker Mike Johnson (R-LA), on the day of a closed House Republican Conference meeting on Capitol Hill in Washington, D.C., U.S., May 20, 2025.
We read the “Big, Beautiful, Bill” so you don’t have to
Republicans have a math problem—and it’s turning into a political one. As the party in full control of government moves to advance its sweeping policy agenda, internal divisions are surfacing over what to prioritize: tax cuts or budget cuts.
On Tuesday, Donald Trump met with House Republicans in an effort to rally them behind the so-called “One Big, Beautiful Bill”—a 1,116-page budget package. The bill would boost border security, and make Trump’s 2017 tax cuts permanent. Those tax cuts are projected to add over $5 trillion to the national deficit.
This is the problem: How do you give funds to expensive policy priorities, without ballooning the deficit – which many Republicans adamantly oppose?
Enter the budget hawks. The House Freedom Caucus sees the Republican unified government as a rare opportunity to dramatically scale back government spending. But keeping the Trump tax cuts in place while reducing the deficit would require deep budget cuts. And despite efforts to target government “waste,” it's nearly impossible to achieve the scale of savings they want without touching some of the biggest drivers of federal spending: Medicare, Medicaid, defense, and Social Security.
With cuts to defense and Social Security — the largest two expenditure categories — largely off the table because of their near-universal popularity among Republican voters, the Freedom Caucus has zeroed in on Medicaid, which funds medical care for low-income people. Their proposals include stricter work requirements, excluding undocumented immigrants from coverage, and reducing the amount of Medicaid funding that states get from the federal government. These changes could leave millions more Americans without health insurance.
But moderate Republicans are pushing back, warning that such drastic cuts could be politically damaging. Polls show that 75% of Republicans view Medicaid favorably, and the program is more prevalent in red states than blue.
As GOP communications strategist Douglas Heye put it, “They could be biting their own voters,” if the cuts are too steep. Trump seems to understand this political calculus. In Tuesday’s closed-door meeting, he reportedly told Republicans: “Don’t fuck around with Medicaid.”
Another major sticking point is the cap on state and local tax, AKA SALT, deductions. A group of moderate Republicans from high-tax states has warned they’ll oppose the bill unless the cap is raised—an adjustment that would further reduce the federal revenue needed to offset the growing debt.
But if you’re thinking, surely you don’t need 1,116 pages just for some tax proposals and Medicaid referendums, you’re correct. There are a lot of other policies in this bill worth knowing about:
- It increases the debt limit by $4 trillion.
- It creates MAGA accounts – short for Money Account for Growth and Advancement – which would authorize the Treasury to create tax-preferred savings accounts for children, and give each child $1,000 initial deposit.
- It eliminates most of Biden’s clean energy provisions, like the electric-car tax credit, and strikes the majority of the programs in the $1 trillion Inflation Reduction Act of 2022.
- It appropriates $500 million to update government agencies with AI technology.
- It eliminates the $200 excise tax on firearm silencers.
All of that extra pork could be on the table as negotiations heat up.
“When you're in this stage of negotiations, it’s not about how much gets added—it’s about what gets cut,” says Heye.
The House is expected to start making final cuts in the early hours of Wednesday —with voting as early as 1 AM— with debate stretching into Thursday. Holdouts are pushing to get the bill to a place they can claim as a victory for their faction -- before ultimately, and inevitably, falling in line. The goal is to send the bill to the Senate before the Memorial Day weekend kicks off.
But the fight is far from over. The Senate will have its own priorities—and its own fractures — to manage. Experts say the chance of a bill, no matter how big or beautiful, is slim before July 4th.
FILE PHOTO: Members of media speak in front of cameras outside the premises of the Supreme Court in New Delhi, India October 13, 2022. REUTERS/Anushree Fadnavis/File Photo
Indian government opposes criminalizing marital rape as “excessively harsh”
India’s Supreme Court is hearing petitions this month and will soon rule on whether to criminalize marital rape, but the government opposes the idea, stating it would be “excessively harsh.” The Interior Ministry argues that while a man should face “penal consequences” for raping his wife, criminalizing the act “may lead to serious disturbances in the institution of marriage.”
The petitions seek to overturn Section 375 of India’s Penal Codewhich lists “exemptions” for sex to be considered rape, including “by a man with his own wife” if she is not a minor. A lower Delhi High Court delivered a split verdict on the issue in 2022, but when Prime Minister Narendra Modi’s government overhauled the country’s penal code in July, the exemption stayed on the books. Modi’s party, the conservative Bharatiya Janata Party, has longopposed changes for reasons of “illiteracy, poverty, social customs and values.”
But activists argue the 164-year-old law must be amended to combat systemic gender inequality. Sexual violence against women is rampant in India, andmedical workers are still striking over the August rape and murder of a trainee female doctor in Kolkata, for which a man was formally charged last Monday.
Around the world, more than 100 countries have outlawed marital rape. We’re watching whether public outcry – and a high court verdict - will force Modi’s government to do the same.