Host Stephanie Flanders is joined by Bloomberg News Editor in Chief John Micklethwait and Jennifer Welch, chief geoeconomics analyst for Bloomberg Economics, to unpack the Munich Security Conference and what it revealed about the shifting global order. From Secretary of State Marco Rubio’s rising influence inside the US administration to Europe’s rethinking of nuclear deterrence and ties with China, the conversation explores how Trump has reshaped alliances.See omnystudio.com/listener for privacy information.