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German Marshall Fund
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The German Marshall Fund of the United States is a nonpartisan, nonprofit, transatlantic organization. GMF envisions a democratic, secure, and prosperous world in which freedom and individual dignity prevail.

Learn more: www.gmfus.org
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📣 Upcoming Event: Disinformation Frontlines: Unpacking China and Russia’s Strategies of Covert Influence
🗓️ November 25, 2025
18:00 – 20:00 CET
📍 Rue de la Loi 115, 1040 Brussels

🔗 Register to join: www.gmfus.org/event/disinf...
Disinformation Frontlines: Unpacking China and Russia’s Strategies of Covert Influence
Coordinated hybrid campaigns led by Russia and China are increasingly targeting institutions, exploiting vulnerabilities, eroding trust, and reshaping narratives in Europe’s democracies. From…
www.gmfus.org
November 19, 2025 at 7:03 PM
📈 In the latest roundup of the competitiveness check, GMF experts highlight mounting divide on Europe's sustainability legislation, Washington's trade deals, and the top five transatlantic trade-related developments.

➡️ Read the full roundup here: www.gmfus.org/news/competi...
Competitiveness Check—November 18 Edition
The Quick Take
www.gmfus.org
November 19, 2025 at 3:24 PM
🇺🇦 The Ukrainian corruption scandal that erupted last week is growing into the largest corruption scandal since Ukraine’s independence.
Yermak Must Go: Zelenskyy’s Anti-Corruption Test
The Ukrainian corruption scandal that erupted on November 10—when it came to light that contractors of the state-owned nuclear energy company had paid $100 million in kickbacks to a “criminal…
www.gmfus.org
November 19, 2025 at 8:30 AM
On November 14, GMF hosted a roundtable on “Strengthening Health Security in an Era of International Uncertainty” in Washington with GMF’s Yukimasa Matsuzawa, Schmidt Initiative for Long COVID’s Adam Tewell, and CSIS’s Erika Elvander.
November 18, 2025 at 5:36 PM
GMF’s Sudha David-Wilp spoke to Bloomberg about the shifting public perception of Germany’s current chancellor:

"There are people in his caucus who are questioning all of the chancellor's talk and asking themselves, where are the results? But the outlook is grim.”
Germans Are Running Short on Patience With Their Stumbling Chancellor
When Friedrich Merz became Germany’s chancellor this year, he promised to revive a moribund economy, rebuild the nation’s neglected infrastructure and make the country relevant on the global stage…
www.bloomberg.com
November 17, 2025 at 9:41 PM
🇪🇪 This morning, GMF hosted a roundtable discussion with Estonian Foreign Minister Margus Tsahkna.

Moderated by GMF’s Kristine Berzina, the talk focused on ways to deepen cooperation among NATO allies and partners amid Russia’s intensifying hybrid threats in the Baltic region and across Europe.
November 17, 2025 at 4:17 PM
🇪🇺 This week, the European Parliament voted to weaken two flagship sustainability directives — the Corporate Sustainability Due Diligence Directive and the Corporate Sustainability Reporting Directive, scaling back firms’ obligations on climate plans, liability, and reporting.
Pivot and Slash
The European Parliament voted on November 13 to weaken the EU’s Corporate Sustainability Due Diligence Directive (CSDDD) and scale back its Corporate Sustainability Reporting Directive (CSRD). These…
www.gmfus.org
November 14, 2025 at 7:00 PM
After a major anti-corruption scandal shook Ukraine in July, the government is facing a new test. This week, Ukraine’s anti-corruption agencies charged Ukraine’s Deputy Prime Minister Chernyshov with illicit enrichment, with others implicated in the scheme.
Ukraine’s Corruption Scandal Part Two: How Zelenskyy Can Get Ahead of It
The corruption investigation rocking Kyiv this week is part two of the Ukrainian anti-corruption scandal that erupted in July, triggering the biggest protests in a decade and strident international…
www.gmfus.org
November 14, 2025 at 11:04 AM
🇺🇦 Today, GMF hosted a roundtable luncheon with Ukrainian Ambassador to the United States, Olha Stefanishyna.

The event, hosted by Alexandra de Hoop Schefferr and moderated by Josh Rudolph, covered a wide range of topics on the transatlantic community’s evolving relationship with Ukraine.
November 13, 2025 at 9:09 PM
On November 6, the US hosted its first C5+1 summit with Central Asian leaders at the White House. The summit marked a milestone in US–Central Asia relations, with nearly twenty new agreements announced in what officials dubbed the “Deal Zone.”
Beyond the “Deal Zone”: Future US-Central Asia Negotiations Must Include Transparency Standards
Given Central Asian leaders’ goals going into the first C5+1 summit to be held at the White House, the November 6 meeting was a success. Secretary of Commerce Howard Lutnick helmed a “Deal Zone” at…
www.gmfus.org
November 13, 2025 at 8:30 AM
🇹🇷🇷🇴 Last week, TEPAV and GMF’s Ankara office hosted a dicussion with Romanian Minister of Foreign Affairs, Oana-Silvia Țoiu, moderated by Amb. Emeritus N. Murat Ersavcı. The dicussion covered regional security, economic integration, energy resilience, and educational cooperation.

Key takeaways👇
November 12, 2025 at 11:00 PM
"All these moves, including the activities around the ‘Taiwan retrocession’ Day, suggest that Beijing is more aggressively pressing for progress toward reunification,” said GMF’s Bonnie Glaser in an interview with the Guardian.
China sharpens its language on Taiwan as part of ‘longer-term’ strategy
A series of statements, articles, photos and even a new national holiday indicate a shift in Beijing’s stance over the island, analysts say
www.theguardian.com
November 12, 2025 at 8:37 PM
On October 30, US President Trump and China’s leader Xi Jinping met in Busan, South Korea, for their first face-to-face meeting in 6 years. There was a lot at stake, not just for the US and China, but also for the rest of the world. The result was what can best be described as a fragile truce.
China Global Podcast - Episode #80 - Ft. Dennis Wilder
On October 30, US President Trump and China’s leader Xi Jinping met in Busan, South Korea. It was their first face-to-face meeting in 6 years. There was a lot at stake in this meeting for the US and…
www.youtube.com
November 12, 2025 at 2:04 PM
🗳 Early elections in Bosnia and Herzegovina’s Republika Srpska are a pivotal test for the country's institutions. Following a court ruling that removed Milorad Dodik from the region’s presidency, opposition parties see a rare opening to challenge entrenched power and reshape the political landscape.
Bosnia’s Democratic Test: Republika Srpska’s Elections Provide a Rare Opportunity
Early elections in Republika Srpska, one of the political entities making up Bosnia and Herzegovina, will serve as a test of the country’s institutional resilience. The November 23 vote follows the…
www.gmfus.org
November 10, 2025 at 7:58 PM
Belarus’s 2020 political crisis and Russia’s 2022 full-scale invasion of Ukraine forced millions of skilled workers to relocate to the EU. While this migration could help offset Europe’s shrinking population and labor shortages, challenges to integration persist...👇
Skilled But Displaced: Belarusian and Ukrainian Migrants in the EU Labor Market
Summary
www.gmfus.org
November 10, 2025 at 4:17 PM
“Trump was crystal clear about that he wishes the re-election of the Hungarian prime minister. And against that background, they are aware that they should not weaken him. I think there will be at least a small symbolic victory provided for Orban," GMF's Daniel Hegedűs told Euronews.
Trump hosts Hungary's Orban, eyes Russian oil sanctions carve-out
US President Donald Trump said he would consider giving Hungary a carve-out from sanctions on Russian oil, as Prime Minister Viktor Orban sought to cozy up to his right-wing ally at the White House…
www.france24.com
November 9, 2025 at 5:30 PM
GMF’s Zsuzsanna Végh shared her insights with The Hill on the political impact of Orbán’s White House visit👇
Hungary’s ‘spoiler’ Orbán receives long-delayed White House debut
President Trump’s hosting of Hungary’s Prime Minister Viktor Orbán at the White House on Friday provides the European leader a major platform to showcase how the two are conservative kindred spirit…
thehill.com
November 8, 2025 at 5:01 PM
"The White House meeting between Hungarian PM Orbán and US President Trump was about more than mere diplomacy. It was carefully crafted political theatre to showcase Orbán’s close ties with the White House as evidence of his standing on the global stage," writes GMF's Zsuzsanna Végh: buff.ly/V1dEnEN
Orbán’s Prizes
The White House meeting between Hungarian Prime Minister Viktor Orbán and US President Donald Trump was about more than mere diplomacy. It was carefully crafted political theatre to showcase Orbán’s…
www.gmfus.org
November 7, 2025 at 10:52 PM
GMF’s Lindsay Gorman joined a moderated discussion yesterday on “Deploying AI: Growth, Innovation, and the US AI Stack,” organized with the US Mission to the UN in Geneva.
November 7, 2025 at 9:44 PM
In this month's 'Watching China in Europe' newsletter, GMF's Noah Barkin explores how Trump’s second-term diplomacy with Xi Jinping has impacted Europe, Germany’s stalled response to China’s economic coercion, and the deepening crisis over rare earths and chip supply chains.
Watching China in Europe—November 2025
A High Fence with Holes
www.gmfus.org
November 7, 2025 at 8:00 AM
After a year of setbacks, Democrats have scored sweeping victories in the off-year elections, gaining new momentum ahead of the 2026 midterms.
A Big Win For Now
One year after defeat and disappointment, Democrats finally have reason to celebrate. They made an impressive sweep of the US off-year elections, and party leaders expect the momentum from these…
www.gmfus.org
November 6, 2025 at 7:34 PM
🇪🇺 In the wake of Russia’s invasion of Ukraine, Central and Eastern European companies led the charge in voluntarily exiting the Russian market. Yet the same region has also remained a key conduit for sanctions evasion.
Incomplete Exit: Central and Eastern Europe’s Corporate Decoupling From Russia
Summary
www.gmfus.org
November 6, 2025 at 8:00 AM
💻 Hybrid and cyber attacks on European infrastructure have quadrupled since 2023. To meet increasing threats, NATO has allocated 1.5% of its new 5% GDP defense spending for cybersecurity, infrastructure protection, and tech innovation.
NATO Needs To Target Its Spending
NATO defense spending plan includes 1.5% for cybersecurity, infrastructure, and tech innovation—but more is needed to match modern hybrid threats.
www.gmfus.org
November 5, 2025 at 8:15 PM
This Thursday, the C5+1 summit between 5 Central Asian countries and the US will convene at the White House for the first time. Amid Russia’s war in Ukraine, Central Asian leaders are seizing the opportunity to diversify foreign relations beyond Russia and China.
Central Asia Has What the US Wants
The C5+1 annual summit, established in 2015, has offered a diplomatic platform for the United States to engage with the five Central Asian countries: Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan,…
www.gmfus.org
November 5, 2025 at 8:00 AM
🇰🇷🇺🇸 At the end of his Asia trip, Trump announced he had approved South Korea’s long-desired nuclear submarine program on Truth Social. The announcement was met with confusion, as South Korean officials scrambled to clarify the scope, timeline, and feasibility of the plan.
Seoul’s Nuclear Submarine Breakthrough
US President Donald Trump ended the first Asia trip of his second term with a splash: an announcement via Truth Social that he had given South Korea approval to acquire nuclear submarine capability.…
www.gmfus.org
November 4, 2025 at 9:30 PM