US Expands Eurasia Engagement via Minsk, Abu Dhabi, Washington
US Expands Eurasia Engagement via Minsk, Abu Dhabi, Washington

US Expands Eurasia Engagement via Minsk, Abu Dhabi, Washington

News summary

The international order in the 21st century is experiencing significant transformation, with Eurasia emerging as a geopolitical and geoeconomic focal point where major powers' interests converge, and the United States is increasingly engaging with the Eurasian Economic Union members, particularly Belarus and Kazakhstan, to enhance diplomatic and economic ties. Fiona Hill highlights the challenges democratic systems face amid global threats and populism, noting the difficulty in taking decisive action on complex issues. Concurrently, global geopolitical turmoil, including international trade tensions and conflicts like the war in Ukraine, complicates corporate decision-making and organizational leadership. Meanwhile, in the U.S., President Donald Trump has enacted the "Big, Beautiful Bill," a $5 trillion public spending law signaling a shift away from neoliberalism toward a stronger state role in the economy, emphasizing public investment in defense, infrastructure, and industry to reduce dependency and promote domestic production. This legislative move reflects a broader trend of states reasserting their influence economically and strategically amid global crises and challenges to the post-Cold War neoliberal order. The evolving dynamics in Eurasia and the U.S. policy shift illustrate the complex interplay between geopolitical realignments and domestic economic strategies shaping the global landscape.

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