Is the age of nuclear nonproliferation over? There are certainly worrying signs. New START, the main nuclear treaty between the United States and Russia, recently expired. China is rapidly expanding its nuclear arsenal. Talks to bring Iran back to the negotiating table seem to be at an impasse. And one increasingly hears about the possibility of South Korea or Japan going nuclear. What can the world do in response?

Rafael Grossi, the director-general of the International Atomic Energy Agency, sits down with Ravi Agrawal.

Rebecca Lissner and Erin D. Dumbacher: The Pillars of the Global Nuclear Order Are Cracking

Decker Eveleth: The Real Risk After New START Isn’t Arms Racing

Fareed Zakaria: The Post-Cold War Nuclear Era Might Have Just Ended

Esfandyar Batmanghelidj: An Oil Deal for Trump Can Mean a Nuclear Deal for Iran

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The Pentagon’s policy chief Elbridge Colby recently called for a “NATO 3.0”, stating that the United States would “continue to provide the U.S. extended nuclear deterrent” to Europe, but when it came to most defense matters, Europe would need to “assume primary responsibility.” Colby is the undersecretary of war for policy and joins FP Live host Ravi Agrawal at the annual Munich Security Conference.

And in part two of this podcast, Colby and Agrawal were joined by four other guests: Richard Marles, the deputy prime minister and defense minister of Australia; Judith Collins, the minister of defense of New Zealand; Toshimitsu Motegi, the foreign minister of Japan; and David van Weel, the foreign minister of the Netherlands. 

Plus, One Thing from Ravi on U.S. Secretary of State Marco Rubio’s speech at the Munich Security Conference. 

Listen to Munich Moments on Apple or Spotify.

A transcript of U.S. Vice President J.D. Vance’s 2025 speech at the Munich Security Conference.

A transcript of U.S. Secretary of State Marco Rubio’s 2026 speech at the Munich Security ConferenceA transcript of Colby’s interview with Ravi

A collection of FP’s reporting and analysis from the Munich Security Conference

Matthew Kroenig: Two Cheers for the National Security Strategy

A. Wess Mitchell: The Grand Strategy Behind Trump’s Foreign Policy

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U.S. tariffs have upended decades of trade policy, but new U.N. data shows that the economies suffering most are those that can least afford a setback. At the Munich Security Conference (MSC), FP’s Ravi Agrawal hosted a panel on the trade wars, with policymakers on the front lines of these economic changes: Ngozi Okonjo Iweala, the director-general of the World Trade Organization; Finnish President Alexander Stubb; German Vice Chancellor Lars Klingbeil; and U.S. Sen. Thom Tillis. 

Follow FP’s MSC coverage here.

Wendy Cutler: How Countries Should Respond to Trump’s Tariffs

Keith Johnson: Tariffs Have Hurt, Not Helped, the U.S. Economy

Rishi Iyengar: EU Don’t Need U.S.?

Ramon Pacheco Pardo and Robyn Klingler-Vidra: Middle Powers Don’t Have to Work Together to Get Ahead

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With the White House continuing to threaten military action against Tehran even as diplomatic talks continue, Iran expert Karim Sadjadpour joins FP Live host Ravi Agrawal to discuss what might come next. Sadjadpour is a senior fellow at the Carnegie Endowment for International Peace.

Plus, One Thing from Ravi on a sobering new report about a world “Under Destruction.”

A transcript of J.D. Vance’s 2025 Munich Security Conference speech

Under Destruction: Munich Security Report 2026

Amitav Acharya: The World-Minus-One Moment

Follow FP’s MSC coverage here

The Atlantic: Karim Sadjadpour and Jack A. Goldstone: Is the Iranian Regime About to Collapse?

Trita Parsi: Iran’s Despair Is U.S. Policy

Saeid Golkar: Why Iran’s Regime Didn’t Collapse

Abbas Milani: Iran’s Crown Prince Has Become Indispensable

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FP’s Ravi Agrawal sits down with Greek Prime Minister Kyriakos Mitsotakis to discuss NATO, a shifting European defense strategy, and more.

Plus, One Thing from Ravi on the rising nuclear threat.

Ravi Agrawal: Greek PM: ‘I haven’t given up on the trans-Atlantic relationship.’

Stavros Papastavrou: The Trans-Atlantic Energy Relationship Is Stronger Than Ever

Kristi Raik: Europe’s 4 Different Ways of Handling Trump

Luke McGee: Europe Is Prepared to Create Its Own Army

Stephen M. Walt: NATO’s Leader is Totally Lost

Rebecca Lissner and Erin D. Dumbacher: The Pillars of the Global Nuclear Order Are Cracking

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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

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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’

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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?

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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

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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

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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.

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