GIS Weekly Brief #15

?? Weekly update by Prince Michael von Liechtenstein

Ukrainian President Volodymyr Zelenskiy traveled to the United States last week, meeting with President Biden at the White House and holding talks with both U.S. presidential candidates. He aimed to promote his so-called “victory plan” and secured financial and other commitments for continued support. However, restrictions on using NATO-provided weapons to strike Russian territory remain in place, which has been a significant disappointment.

The U.S. and its European allies remain concerned about escalation. Meanwhile, fighting on the front lines in the Donbas region is intensifying, with Russian forces heavily attacking the strategically important town of Vuhledar.

Both sides are ramping up their efforts. President Biden pledged to Mr. Zelenskiy that, during his visit to Germany in October, he would call for a global Ukraine summit. Switzerland, which hosted a peace summit in June, is expected to host an even larger one soon. It appears both warring parties are positioning themselves to strengthen their standing ahead of these upcoming summits.

?? This week’s relevant geopolitical events

• Israeli Defense Forces have eliminated Hezbollah leader Hassan Nasrallah, delivering a significant blow to Hezbollah and Tehran’s subversive activities.
• After bombings in parts of Beirut,?Israel may invade Lebanon?to dismantle Hezbollah installations threatening its security.
• Japan’s former defense minister, Shigeru Ishiba, will replace?Fumio Kishida as prime minister, potentially signaling a shift toward tighter fiscal policies in Tokyo.
• Germany revised its 2024 economic forecast, now projecting a GDP contraction of 0.1 percent.
• Austria’s national elections confirmed trends seen in Germany and France, with the Freedom Party (frequently labeled right-wing and populist) ?making significant gains to become the leading party. The ruling People’s Party (Christian Democrats) came in second after substantial losses.

?? New webinar

As the U.S. presidential election approaches, Europe is watching closely. The stakes are high for transatlantic relations, NATO and the global economy. Join us for a webinar with GIS Chairman and Founder, Prince Michael von Liechtenstein , and Dr. James Carafano , a leading expert on American national security.

What would be the consequences of Trump’s plan to “end the Ukraine war in 24 hours”?? Could Europe be split by a Trump presidency? What might surprise Europe about a Kamala Harris presidency? What kinds of economic consequences should Europeans keep in mind as they watch the election unfold?

Our experts will provide answers during this must-watch webinar. Join here.

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