๐ŸŒ The world reacts to that Oval Office meeting


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IN TODAYโ€™S EDITION
1๏ธโƒฃ That Trump-Zelensky meeting
2๏ธโƒฃ Iranโ€™s economy minister on the ropes
3๏ธโƒฃ Park of the day
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Hi Intriguer. Your typical diplomat might write a thousand cables over their career. Very few (if any) cables would ordinarily be remembered long-term even within the classified confines of your own ministry, let alone the broader world.

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But thereโ€™s one cable thatโ€™s bucked tradition: commonly known as The Long Telegram, George Kennanโ€™s 1946 cable from the US embassy in Moscow ended up serving as a blueprint for the US strategy throughout the Cold War.

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Re-reading it now, itโ€™s striking to see the contrast between:

  • a) An old-school country specialist like Kennan, who frames his arguments on a deep understanding of Russiaโ€™s specific history, culture, and world view, and

  • b) Some of todayโ€™s broader geopolitical theorists, who paint history as the inevitable result of historic forces more than the decisions by any one player.

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Anyway, letโ€™s get you an update on Fridayโ€™s jaw-dropping meeting between Donald Trump and Ukraineโ€™s Volodymyr Zelensky.

THE HEADLINES

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Mexico + Canada tariffs loom, rate unclear.
Commerce Secretary Howard Lutnick has suggested Donald Trump still hasnโ€™t decided exactly how high to set tariffs on Canadian and Mexican imports, due to take effect tomorrow (Tuesday). Trump previously flagged a 25% rate, though it could be lower. An additional 20% tariff on Chinaโ€™s goods is also set to kick in tomorrow.

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Israel halts aid into Gaza.
Israel has halted all humanitarian aid into Gaza after Hamas refused to extend the ceasefire by six weeks in exchange for the release of half the remaining hostages. Instead, Hamas insists the deal should now move to the agreed โ€˜second phaseโ€™ (talks to end the war) before it releases any more hostages.

US halts cyber operations against Russia.
Defense Secretary Pete Hegseth has reportedly ordered the halting of all cyber operations against Russia, as part of Trumpโ€™s broader effort to get Putin to the negotiating table and reset US-Russia ties.

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Trump names five cryptocurrencies for US reserve.ย 
The president has named five cryptocurrencies (Bitcoin, Ethereum, XRP, Solana, and Cardano) that he’d like included in a new strategic reserve. Supporters have cheered the news as re-establishing the US as the worldโ€™s crypto capital, while sceptics say US taxpayers now merely become exit liquidity for crypto insiders (prices have soared).

The week ahead.ย 
Chinaโ€™s annual โ€˜Two Sessionsโ€™ will kick off on Wednesday โ€” itโ€™s expected to unveil new growth and inflation targets, plus more measures to revive the economy. The EUโ€™s central bank is then set to cut rates on Thursday, before the latest US jobs report drops on Friday.

TOP STORY

The world reacts to that Oval Office meeting

Zelensky, Trump, and Vance mid shouting-match

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If Friday’s meeting between Donald Trump and Volodymyr Zelensky had wrapped around the 40-minute mark, it might’ve passed like any other โ€” grip and grin before the two delegations head next door for a bit of roast tenderloin and steamed vegetable, sign their minerals deal, then fly off into the weekend.

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But it was around the 40-minute mark that things really collapsed into a shouting match, triggered by a clash between the Ukrainian president and VP JD Vance.

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When Zelensky asked Vance what kind of diplomacy without security guarantees could realistically stop Putin, things quickly got heated. The entire presser is worth a look, but here are just three quick quotes to give you a (very spicy) flavour:

  • Trump: “You’re either going to make a deal, or we’re out

  • Zelensky: “I’m not playing cards” (in response to Trump saying he had none), and

  • Vance: “Have you said thank you once?” (“a lot of times“, responded Zelensky).

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The whole unprecedented affair left Ukraine’s ambassador with her head literally in her hands before the White House booted the Ukrainians out, and Trump then tweeted that Zelensky could only return when he’s ready for peace.

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Now, let’s take a quick look at how this is rippling around four capitals:

  1. ๐Ÿ‡บ๐Ÿ‡ธย Washington, DC

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While opposition lawmakers were dismayed and Vance had to adjust his Vermont family ski trip amid local protests, the White House has since been amplifying messages of support from his cabinet and party. The gist here includes two basic arguments:

  • Zelensky showed a lack of gratitude and respect for the US, and

  • Ukraine needs to re-think its attitude (and even its leader) or the US will walk.

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With pressure to deliver on his campaign promises of peace, Trump seems to have calculated that he can’t or won’t push Putin for concessions, so heโ€™s offering him unilateral US concessions instead (like Pete Hegsethโ€™s cyber ceasefire in todayโ€™s headlines), while pressing Zelensky hard. Speaking of whom…

  1. ๐Ÿ‡บ๐Ÿ‡ฆย Kyiv, Ukraineย 

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Zelensky soon tweeted his thanks again to the US, then went on Fox to elaborate that a peace deal without US security guarantees will just give Putin a break before he attacks again. When asked if he thought he should apologise, Zelensky responded “I am not sure we did something bad“, though noted Fridayโ€™s meeting wasn’t good for either side.

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And since then, Zelensky has now reiterated that a) he’s willing to step down if it brings real peace (ie, with Ukraine in NATO deterring more Russian aggression), and b) he’s still ready to sign the minerals deal.

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And speaking of which, Trump elaborated during the meeting, suggesting the presence of US workers digging for Ukrainian minerals would serve as an effective deterrent against Russia, though the deal leaves open when (if ever) US workers might actually arrive.

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Anyway, while voicing appreciation for the avalanche of support he then received from dozens of world leaders, Zelensky headed straight to…

  1. ๐Ÿ‡ฌ๐Ÿ‡งย London, United Kingdom

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This is where UK Prime Minister Keir Starmer hosted Sunday’s emergency summit with 18 other Western world leaders, culminating in a four-point plan to:

  • i) Keep economic pressure on Russia and security assistance flowing to Ukraine

  • ii) Ensure any lasting peace includes Ukraine and respects Ukraine‘s sovereignty

  • iii) Back any peace plan by bolstering Ukraine’s defence against Russia, and

  • iv) Develop a ‘coalition of the willing‘ to defend any peace deal.

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Meanwhile, some of the European comments on the sidelines hinted again at the stark reality that Europe will really need to level-up โ€” Poland’s Donald Tusk, for example, put it like this: โ€œ500 million Europeans are asking 300 million Americans to defend them against 140 million Russians. […] Europe today lacks the belief that we are truly a global force.โ€

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And as for those 140 million Russians…?

  1. ๐Ÿ‡ท๐Ÿ‡บย Moscow, Russia

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Kremlin figures and state TV outlets have remained pretty triumphant.

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Putin’s deputy on the security council (Medvedev) rejoiced that the “insolent pig [Zelensky] finally got a proper slap down“, and Putin’s spokesperson welcomed Trump’s “rapidly changing foreign policy configurations” which “largely coincide with our vision“.

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This doesnโ€™t reflect any new success in Putinโ€™s basic war aims on the ground.

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Rather, the above sense of jubilation in Moscow reflects something somehow potentially even bigger than the prospect of this war ending on Russian terms with US help: specifically, Putinโ€™s state media outlets have now welcomed what they see as an emerging future in which a troika of strongmen (Putin, Trump, and Xi) will carve up the world.

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The foreign minister of US ally Germany summed it up as a world in which โ€œthe strength of lawโ€ is replaced by โ€œthe law of the strongโ€.

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INTRIGUEโ€™S TAKE

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Powers rise and fall, but arguably only one has ever emerged on top then immediately limited its own power โ€” the US did that after WWII, driving the development of the UN, international law, a rules-based trading system, and so on. Its basic insight was that eventually, some other power would rise, so longer-term US interests were best served by erecting basic, credible guardrails beforehand.

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Now, there’ve long been seasons when folks have forecast the end of that order, or the weakening of US leadership within it. But the current level of alarm across Europe reflects more than just a system creaking under pressure. Even among those wishing Zelensky had kept his cool, or agreeing on the need for Europe to contribute more to its own defence, or even seeing Trumpโ€™s moves as mere posturing to press for a dealโ€ฆ thereโ€™s a deeper, creeping fear at this point that the US no longer even sees the value of its own international system.

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The EU’s top diplomat (and former leader of US ally Estonia) Kaja Kallas put it like this after Friday’s meeting: โ€œToday, it became clear that the free world needs a new leader.โ€

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Also worth noting:

MEANWHILE, ELSEWHEREโ€ฆ

  1. ๐Ÿ‡ฐ๐Ÿ‡ทย South Korea: A US aircraft carrier has arrived in South Korea as a show of force and unity between the US and its South Korean allies. The USS Carl Vinson and its strike group docked just days after North Korea again test-fired ballistic missiles in violation of international law.

  2. ๐Ÿ‡ณ๐Ÿ‡ดย Norway: Oslo is considering tapping its huge sovereign wealth fund to support Ukraineโ€™s self-defence as European countries rush to fill what they fear will be a European security vacuum left by the US. Norway holds the worldโ€™s biggest sovereign wealth fund, sitting on a cool $1.8T.ย 

  3. ๐Ÿ‡ฆ๐Ÿ‡บย Australia: The Australian government has temporarily frozen scheduled hikes in local beer taxes ahead of elections due by May. The ruling centre-left party is currently struggling in the polls against the conservative opposition.ย 

  4. ๐Ÿ‡บ๐Ÿ‡พย Uruguay: Yamandu Orsi, a former mayor and history teacher, has taken the oath of office as Uruguayโ€™s new president after last yearโ€™s remarkably civil election. Heโ€™ll preside over a broad left-leaning coalition, with supporters hoping heโ€™ll repeat the same pro-growth approach his Broad Front delivered when last in power (2015-2020).

  5. ๐Ÿ‡ฎ๐Ÿ‡ทย Iran: The quasi-parliament in Tehran has voted to oust Iranโ€™s economy minister, blaming him for the countryโ€™s ongoing economic crisis (including a 60% currency crash since he took office last year). He must now seek a renewed vote of confidence from parliament within a week or so โ€” otherwise, heโ€™s out.

EXTRA INTRIGUE

๐Ÿคฃ Your weekly roundup of the worldโ€™s lighter newsย 

PARK OF THE DAY

Yep, thatโ€™s a park. Credits: Guinness Book of Records.

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Who doesnโ€™t love a good park? The lush greenery, the fun-filled playgrounds, the occasional dog chasing a squirrel.ย 

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But itโ€™s hard to pack all that into Japanโ€™s Nagaizumi park, which just got crowned the worldโ€™s smallest park. The patch of green is about the size of four pieces of A4/Letter paper, though donโ€™t scoff โ€” it does still feature an entrance, a small bench (more of a perch if you ask us), and some absolutely thriving grass to rest your tired, tired eyes.

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Last Thursdayโ€™s poll: How do you think Syria’s caretaker government should handle its neighbours?

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โฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธ ๐Ÿ’ข Strike back (4%)

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๐ŸŸฉ๐ŸŸฉ๐ŸŸฉ๐ŸŸฉ๐ŸŸฉ๐ŸŸฉ ๐Ÿ“ช Maintain dialogue (80%)

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๐ŸŸจโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธ ๐Ÿ‡น๐Ÿ‡ท Phone a friend (14%)

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โฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธ โœ๏ธ Other (write us!) (2%)

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Your two cents:

  • ๐Ÿ“ชย I.I: โ€œMaintaining dialogue and trying to create multilateral pressure against foreign involvement seems like the only option.โ€

  • โœ๏ธ D.N.M: โ€œIt doesn’t matter what Syria does. Israel is grasping this opportunity of de facto territorial expansion.โ€

  • โœ๏ธ R.T: โ€œMove important installations to safer places if possible, until better days come.โ€

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