Hello and welcome to the G0 World Podcast.

This is where you'll find extended versions of my interviews on public television.

I'm Ian Bremmer, and today we are talking about what feels like a hinge moment for the global economy.

First, there's trade.

More than a year after the United States launched sweeping tariffs across much of the world,

the aftershocks are still reverberating. Even efforts by the United States launched sweeping tariffs across much of the world, the aftershocks

are still reverberating. Even efforts by the United States Supreme Court that diluted parts

of Donald Trump's agenda haven't reversed the bigger shift. The system the United States spent

decades building a predictable, rules-based economic order, giving way to something more fragmented,

more politicized, and far

more uncertain. And now there's the Iran War and the energy crunch that comes with it.

Fuel prices around the world are surging, and after living through one of the most severe

inflation spikes in recent memory during Joe Biden's presidency, Americans will soon be facing renewed price pressure.

So to Europe, which not that long ago overcame a different energy shock spurred by Russia's

full-scale invasion of Ukraine. It's all something I get into with Gita Gopanath, former first deputy

managing director and chief economist at the International Monetary Fund.

Let's get to it.

GEDAGO. GEDAGO, Enoch, welcome to GZero World.

It's a pleasure, Ian.

So earlier this year, I think it was at Davos,

you said everything in the world economy has changed.

And of course, that was before we saw even more change with the war in the Middle East.

...