FP at Davos: Trump, Carney, and the Geopolitics of Material

U.S. President Donald Trump’s pursuit of Greenland has brought a geopolitical hot spot—the Arctic—back into the fore. Host Ravi Agrawal is joined by Heather A. Conley, one of the leading experts on the region, to hear more. Plus, One Thing from Ravi on China’s latest military purge. Casey Michel: Annexing Greenland Would Be a Strategic Catastrophe Imran Bayoumi: Trump’s Greenland Threats Paper Over a Lack of Arctic Strategy Christina Lu: Greenland’s Rare Earths Aren’t All That Stephen M. Walt: What Spheres of Influence Are—and Aren’t Michele Barbero: To Protect Greenland, Europe Kicks Into High Gear Deng Yuwen: As Generals Fall, Xi Jinping’s Anti-Corruption Campaign Is Eating Itself Learn more about your ad choices. Visit megaphone.fm/adchoices

Host Ravi Agrawal is joined by world leaders and industry executives on the sidelines of the World Economic Forum in Davos, Switzerland. The panelists include Bandar Alkhorayef, Saudi Arabia’s minister of industry and mineral resources; Jonathan Price, the president and CEO of Teck Resources; Boitumelo Mosako of the Development Bank of Southern Africa; and SandboxAQ’s Jack Hidary. Plus, One Thing from Ravi on dueling speeches by U.S. President Donald Trump and Canadian Prime Minister Mark Carney. Ravi Agrawal: In Davos, a Tale of Two Speeches Transcript: Trump Says He ‘Won’t Use Force’ to Acquire Greenland Transcript: ‘A Rupture in the World Order’ Learn more about your ad choices. Visit megaphone.fm/adchoices

What is driving U.S. President Donald Trump’s foreign policy in his second term? Eurasia Group President Ian Bremmer says it is the “law of the jungle ... it’s always been about power.” Bremmer sits down with Ravi Agrawal to share his assessment of Trump 2.0 and what the coming months could look like. Plus, Ravi’s One Thing on U.S universities and immigration. New York Times: Chinese Universities Surge in Global Rankings as U.S. Schools Slip Steven A. Cook: Faulty Assumptions About Iran Have Driven a Failed U.S. Policy Marc Lynch: Why a U.S. Attack on Iran Would Backfire A. Wess Mitchell: The Grand Strategy Behind Trump’s Foreign Policy Oliver Stuenkel: The EU-Mercosur Deal Is a Hedge Against the Donroe Doctrine The Atlantic: Is the Iranian Regime About to Collapse? Learn more about your ad choices. Visit megaphone.fm/adchoices

What comes next after U.S. President Donald Trump’s shocking capture of Venezuelan President Nicolás Maduro? Does Trump have a day-after plan? Most experts say no. But FP columnist Matthew Kroenig disagrees, arguing in a recent piece for Foreign Policy that a plan is coming into focus. He shares his take with Ravi Agrawal. Plus Ravi’s One Thing on the nationwide protests in Iran. Alireza Nader and Nik Kowsar: Iran’s Currency Crisis Could Be the Regime’s Downfall Matthew Kroenig: Trump Has a Strategy for Venezuela Matthew Kroenig: Two Cheers for the National Security Strategy Matthew Kroenig: Trump Should Oust Maduro Vasabjit Banerjee and Maria I. Puerta Riera: Venezuela’s Military Won’t Surrender Its Privileges Easily David Ignatius: Trump Might Have His Hubris Checked in Venezuela Learn more about your ad choices. Visit megaphone.fm/adchoices

Comfort Ero joins FP Live for her annual analysis of the 10 conflicts to watch this year.  Plus Ravi’s One Thing on the stunning capture of Nicolás Maduro and the future of Venezuela. Ravi Agrawal: 5 Unanswered Questions About Trump’s Venezuela Plan Comfort Ero and Richard Atwood: 10 Conflicts to Watch in 2026 Casey Michel: Annexing Greenland Would Be a Strategic Catastrophe Christopher Sabatini: Trump Has No Real Plan for Venezuela Emma Ashford: Venezuela Might Be Where Trump’s Luck Runs Out Jesse Marks: Trump’s Venezuela Attack May Give China Cover on Taiwan Learn more about your ad choices. Visit megaphone.fm/adchoices

We begin 2026 with a look ahead. New York Times chief White House correspondent Peter Baker joins host Ravi Agrawal to share his take on what’s to come in the new year. Learn more about your ad choices. Visit megaphone.fm/adchoices

New York Times chief White House correspondent Peter Baker sits down with Ravi Agrawal for a 2025 review. What have we learned from the first year of the Trump administration’s second term? And how have the White House’s foreign-policy choices in particular differed from previous presidencies? Vanity Fair Exclusive: Susie Wiles, JD Vance, and the “Junkyard Dogs”: The White House Chief of Staff on Trump’s Second Term (Part 1 of 2) Learn more about your ad choices. Visit megaphone.fm/adchoices

Tensions continue to rise off the coast of Venezuela as U.S. President Donald Trump orders a blockade on sanctioned ships to and from the country. James Story served as the U.S. ambassador in Caracas under both the Trump and Biden administrations, and he shares his predictions on what might happen next.  Plus Ravi’s One Thing on India, Pakistan, and 2025’s great U.S. policy pivot.  Keith Johnson: Trump’s Venezuela Fixation Is Not About the Oil Alexandra Sharp: Trump Intensifies Pressure Campaign on Venezuela Emma Ashford and Evan Cooper: Trump Should Stick to His Guns on Venezuela Learn more about your ad choices. Visit megaphone.fm/adchoices

Is the growth of sovereign wealth funds, especially in the Middle East, transforming geopolitics? Jared Cohen, co-head of the Goldman Sachs Global Institute, sat down with FP’s Ravi Agrawal to discuss why sovereign funds are so pivotal today.  Note: This discussion is part of a series of episodes brought to you by the Goldman Sachs Global Institute.  Jared Cohen and George Lee: The New Wealth of Nations Learn more about your ad choices. Visit megaphone.fm/adchoices

Former Secretary of State Hillary Clinton sits down with Ravi Agrawal in front of a live audience at the annual Doha Forum in Doha, Qatar. The two discussed the Trump administration’s just-released National Security Strategy, the impacts of U.S. foreign policy around the world, women’s rights, how Democrats can revive their fortunes, and also a controversy over remarks Clinton recently made about why young Americans are shifting their views on Israel.  Plus: Ravi’s One Thing on Trump’s National Security Strategy Ravi Agrawal: Hillary Clinton: ‘Congress Has Abdicated Its Responsibility’ Rishi Iyengar and Christina Lu: Trump’s New National Security Strategy Goes Full ‘America First’ Nathalie Tocci: Does Europe Finally Realize Its Alone? Daniel W. Drezner: Foreign-Policy Fantasy Literature Learn more about your ad choices. Visit megaphone.fm/adchoices