South Korea

Bangladesh

Economics

Bangladesh and South Korea signed a comprehensive economic partnership agreement, granting preferential tariff treatment to 97% of Bangladeshi products exported to South Korea and 87% of South Korean products exported to Bangladesh, The Daily Star reported on Aug. 4.

Bangladesh, South Korea: Governments Sign Comprehensive Economic Partnership Agreement

China

Japan

Military & Security

Politics

Japan's Ministry of Defense published its annual defense white paper on Aug. 4, listing Chinese military activities as an "unprecedented and the greatest strategic challenge" to Japan.

Japan: White Paper Focused on China Threat, Defense Production and Economic Security

Europe

EU member states are moving to replace the European Commission's discretionary approach to third-country participation in the Industrial Accelerator Act's "Made in Europe" scheme with a "partner origin" category tied to specific procurement commitments under trade agreements, Politico reported on Aug. 3, citing a draft compromise. 

EU: Member States Move To Narrow 'Made in Europe' Rules in Industrial Accelerator Act

United States

Environment, Science & Technology

The U.S. Federal Communications Commission is drafting a ban on the import of Chinese optical transceivers and hopes to publish and apply it later in 2026, Reuters reported on Aug. 4.

U.S., China: FCC Drafting Ban on Chinese Data Center Technology

U.S.-China Relations

Japan's finance ministry confirmed on Aug. 3 that the U.S. and Japanese governments had coordinated on July 31 for Washington to buy Japanese yen to bolster the currency, the first such intervention since 1998.

Japan, U.S.: Governments Coordinate To Buy Yen for First Time Since 1998

Malaysia

The center-right Barisan Nasional, or BN, coalition -- which governs alongside Prime Minister Anwar Ibrahim's center-left Pakatan Harapan, or PH, coalition as a junior partner at the federal level -- joined forces with the opposition Islamist-led Perikatan Nasional, or PN, coalition to win 25 of Negeri Sembilan's 36 seats in the Aug. 1 state election, Channel News Asia reported the same day.

Malaysia: Another State Loss for Prime Minister's Coalition Makes Snap Election Less Likely

Egypt

The International Monetary Fund completed reviews of Egypt's Extended Fund Facility and Resilience and Sustainability Facility, agreeing to disburse nearly $1.8 billion, Reuters reported on July 30.

Egypt: IMF To Disburse Nearly $1.8B Following Reviews

Cuba

Cuba announced new plans to open up the private sector, including allowing businesses to import fuel and medication and allowing private tourist companies to more easily operate on the island, Reuters reported on July 30.

Cuba: Government Further Opens Economy to Private Industry

The world is connected, but even the broadest topics deserve an individual look. Below are our latest and most relevant economics analyses.

Below are our latest and most relevant economics analyses.

Sub-Saharan Africa

Americas

Asia-Pacific

Eurasia

Middle East and North Africa

South Asia

Beyond Quantitative Easing

The New Silk Road

The Fate of the Eurozone

South America: Split Decisions on Trade

Banking

Commodities: A Cautionary Tale

Social Issues

European Disintegration

Russia's Internal Struggle

China in Transition

A Japanese Awakening

East African Integration

Assessments

Garment workers sew clothes at a textile factory in Dhaka, Bangladesh, on Dec. 29, 2024. 

Energy

The government's efforts to secure U.S. tariff exemptions and external financial aid will have only a modest impact without addressing the ready-made garment sector's energy shortages and other structural challenges.

The Outlook for Bangladesh's Garment Sector Under U.S. Tariffs

Snapshots

Ukraine

Russia

Ukrainian President Volodymyr Zelensky (center) chats with U.S. senators before heading to a closed-door meeting at the U.S. Capitol on July 28, 2026. 

Russia-Ukraine Conflict

If enacted, the proposed bill would give Trump broad new authority to impose tariffs on major Russian oil buyers, but selective enforcement means it would unlikely compel Russia to end its war in Ukraine.

New U.S. Sanctions Bill Unlikely To Impact Russia's Oil Exports or War Strategy

Media

Podcasts

Trace the hidden chain reaction from a closed Strait of Hormuz to a local bakery line, and discover how a Middle East energy shock can quietly turn into a global food crisis.

The Decision Advantage: The Foreseen Effects of the Strait of Hormuz Closure

Colombia

Venezuela

Iran

Israel

Lebanon

Colombia's President-elect Abelardo de la Espriella (R) delivers a speech during a military parade commemorating Colombia's Independence Day in Medellin, Colombia, on July 20, 2026. 

Cyber

A look at what the coming week will bring -- and a list of recommended RANE articles from the week that was.

The Weekly Rundown: Colombia's New President Takes Office, Brussels Gains AI Act Enforcement Powers

U.S.-Iran Relations

Ethiopia

South Africa

Brazil

Saudi Arabia

India

(From left to right) Chinese President Xi Jinping, Russian President Vladimir Putin, and South African President Cyril Ramaphosa attend a plenary session at the BRICS summit in Kazan on Oct. 24, 2024.

The bloc's push to develop an independent payment system for trade will not immediately undermine the U.S. dollar's global dominance, though it could reduce the effectiveness of U.S. sanctions.

The Implications of an Independent BRICS Payment System

Iraq

U.S. President Donald Trump (right) speaks during a meeting with Iraqi Prime Minister Ali al-Zaidi (2nd-L) in the Oval Office of the White House on July 14, 2026.

While the Iraqi prime minister's visit to the White House yielded some deals, implementation constraints will likely eventually lead to renewed U.S. economic pressure, further straining Baghdad's finances.

New U.S. Agreements Unlikely to Ease Iraq's Economic Woes

Chile

Chilean lawmakers in Congress celebrate at the end of the voting session on the economic reform bill on July 21, 2026.

Chile is poised to soon enact one of its broadest economic reform packages in decades, which will likely boost investor confidence and regulatory certainty, but at the expense of rising fiscal pressures.

What To Expect as Chile Prepares to Enact Sweeping Economic Reform Bill

Yemen

Yemeni protesters take part in a demonstration held to send a message of defiance against the continued siege and any military escalation involving Saudi forces against Houthi-controlled northern Yemen on July 17. 

Israel-Hamas Conflict

Forced to bypass the disrupted Strait of Hormuz, Saudi Arabia's increased reliance on alternative routes leaves its critical oil shipments vulnerable to Houthi attacks.


Yemen's Houthis Threaten Saudi Oil Exports With Red Sea Blockade

United Kingdom

A giant Indian flag is displayed from the country's embassy in London on May 7, 2025.

While the agreement will support both countries' economic diversification efforts, U.K. regulatory standards and supply chain challenges will limit some gains for India.

What To Expect as the India-U.K. Trade Deal Enters Force

A decorative plate featuring an image of Chinese President Xi Jinping is seen behind a statue of late communist leader Mao Zedong at a souvenir store next to Tiananmen Square in Beijing, China, on Feb. 27, 2018. 

China will remain a geopolitical enigma to the West as Beijing turns inward to insulate the CCP from the influence of external powers, an exercise that history suggests will threaten national prosperity and regime stability.

The Modern Geopolitics of China

Germany

France

Spain

Italy

A 20 euro note.

The European Union is likely to advance banking reforms in 2027 that reduce internal barriers to cross-border banking, boosting its financial competitiveness by freeing up funds tied up in savings, but will stop short of significantly greater fiscal and financial risk sharing.

Brussels Seeks To Boost the EU Banking Sector's Competitiveness

Vietnam

A large container ship is seen docked at a port. 

Though interim measures or narrower agreements are plausible, Vietnam's dependence on Chinese inputs will likely prevent a comprehensive agreement, potentially exposing it to stricter U.S. scrutiny and new tariffs.

Vietnam's Reliance on Chinese Imports Complicates U.S. Trade Talks

Economics

SITUATION REPORTS

Bangladesh, South Korea: Governments Sign Comprehensive Economic Partnership Agreement

Japan: White Paper Focused on China Threat, Defense Production and Economic Security

EU: Member States Move To Narrow 'Made in Europe' Rules in Industrial Accelerator Act

U.S., China: FCC Drafting Ban on Chinese Data Center Technology

Japan, U.S.: Governments Coordinate To Buy Yen for First Time Since 1998

Malaysia: Another State Loss for Prime Minister's Coalition Makes Snap Election Less Likely

Egypt: IMF To Disburse Nearly $1.8B Following Reviews

Cuba: Government Further Opens Economy to Private Industry

Forecasts

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