United States

Europe

Ukraine

Russia

Economics

Energy

Politics

Russia-Ukraine Conflict

European Commission President Ursula von der Leyen announced that the European Union was working on a new package of sanctions against Russia that would target the Nord Stream 1 and 2 pipelines, more vessels linked to Russia's shadow oil tanker fleet, and the country's financial sector, as well as further reduce the oil price cap, Reuters reported on May 16.

EU, Russia: Von der Leyen Floats New EU Sanctions on Russia, Including on Nord Stream Pipelines

China

Thailand

Vietnam

Military & Security

Thai Prime Minister Paetongtarn Shinawatra and Vietnamese Prime Minister Pham Minh Chinh announced their countries have officially elevated bilateral relations to a comprehensive strategic partnership, marking the highest level of diplomatic ties short of a military alliance, Vietnamese state-run Bao Chinh Phu reported on May 16.

Vietnam, Thailand: Governments Upgrade Ties to Top Tier

Syria

U.S. Secretary of State Marco Rubio said that the United States would look to issue a 180-day waiver for Congressional sanctions on Syria, with eventual aspirations to permanently remove the sanctions, though that would require Congressional approval, Bloomberg reported May 16. 

U.S., Syria: Trump Administration Pushes for 180-Day Sanctions Waiver

Australia

Australian Trade Minister Don Farrell said Canberra would resist U.S. pressure to reduce trade with China, emphasizing that China remains Australia’s largest export market by a wide margin, The Australian Financial Review reported on May 15.

Australia, U.S., China: Canberra Rejects U.S. Trade Pressure on Beijing

Sub-Saharan Africa

U.S. President Donald Trump is planning to hold a trade and investment summit with African heads of state and government before the end of 2025, The Africa Report reported May 14.

U.S., Africa: Trump to Hold U.S.-Africa Trade and Investment Summit by Year-End 

United Kingdom

Belgium

The European Union continues to demand further British concessions on fishing rights and youth mobility as part of a new, broader EU-U.K. post-Brexit cooperation framework, only days ahead of the London U.K.-EU summit on May 19, delaying finalization of a draft summit communique, the Financial Times reported May 15.

EU, U.K.: Post-Brexit Disagreements Continue to Complicate EU-U.K. Security and Defense Pact

Qatar

The United States and Qatar committed to a $1.2 trillion "economic exchange," Qatar Airways' $200 billion purchase of 160 Boeing jets, and defense deals, including the Qatari acquisition of unmanned aerial vehicles, Reuters reported on May 14.

U.S., Qatar: Governments Sign Economic Commitments, Defense Deals

Colombia

Colombian President Gustavo Petro and Chinese President Xi Jinping signed an agreement for Colombia to join China's Belt and Road Initiative, El Colombiano reported on May 14.

Colombia: Bogota's BRI Membership To Spur Chinese Investments, Risk Deteriorating Ties With U.S.

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.

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

Peru

Peruvian President Dina Boluarte delivers an address in Lima on July 28, 2024.

The potential for reduced political volatility once a new president takes office in July 2026, combined with efforts to reduce bureaucratic red tape, could help the country attract foreign investment, especially in its crucial mining sector.

In Peru, Greater Political Stability Could Unleash Economic Growth

Azerbaijan

Belarus

Kazakhstan

Russian President Vladimir Putin (R) and Vietnamese Communist Party General Secretary To Lam (L) address journalists following their talks in Moscow, Russia, on May 10, 2025, during celebrations of the 80th anniversary of the Soviet Union's victory over Nazi Germany in World War II. 

Vietnam is strengthening its relationships with Eurasian countries, especially Russia, as it looks to further diversify economic and energy ties away from great powers amid an unstable geopolitical landscape.

Russia-Vietnam Ties Are Set To Grow Following Lam's Eurasia Tour

Columns

On Geopolitics

Global Trade

For export-reliant developing countries that were already facing financial distress, the global uncertainty created by Trump's sweeping tariffs will sharply increase economic risks, as well as introduce political instability risks.

 Trump's Tariffs Will Hit Developing Economies Hard

India

Pakistan

The Bombay Stock Exchange building May 7 in Mumbai, India. If military hostilities were to resume and lead to a prolonged conflict, Pakistan would be far less well-positioned than India to sustain it from an economic and financial perspective.

If military hostilities were to resume and lead to a prolonged conflict, Pakistan would be far less well-positioned than India to sustain it from an economic and financial perspective.

The Economic Case for an India-Pakistan Ceasefire

Snapshots

Containers are seen at China's Lianyungang port in eastern Jiangsu province on May 1, 2025. 

Although the U.S.-China trade deal will bring short-term economic relief, negotiations over a broader agreement will remain fraught, particularly since the rapid reduction of U.S. tariffs will embolden China to implement strong retaliation when talks falter.

Despite Tariff Reprieve, a Broader U.S.-China Deal Will Remain Elusive

U.S.-China Relations

U.S. President Donald Trump -- flanked by Vice President JD Vance (left) and Peter Mandelson, the U.K. ambassador to the United States (right) -- holds a phone call with U.K. Prime Minister Keir Starmer in the Oval Office of the White House on May 8, 2025. 

The agreement's narrow scope and quota system suggest the White House remains intent on restricting imports, meaning tariff relief for most other countries reaching deals will also be limited.

Trump Reaches First Post-Tariff Trade Deal With the U.K.

Poland

Supporters of the PiS party demonstrate April 12 in Warsaw, Poland. Poland will hold a presidential election May 18 and runoff June 1 if no candidate obtains more than 50% in the first round.

The outcome of Poland's election will determine whether Prime Minister Donald Tusk's centrist government will coexist with a cooperative president or continue to face institutional constraints from an ideologically opposed president.

Poland's Election: Potential Outcomes and Their Implications

Global Elections

Iraq

Saudi Arabia

The OPEC logo is seen outside the bloc's headquarters in Vienna, Austria, on Oct. 4, 2022.

The production boost will further decrease oil prices, which will provide some financial relief for oil-consuming countries affected by U.S. tariffs, while further straining the budgets of poorer oil producers like Iraq. 

The Mixed Economic Impact of OPEC's Production Increase

After winning the general election, Australia's Prime Minister Anthony Albanese waves as he arrives onstage at the Labor Party election night event in Sydney on May 3, 2025. 

The Labor Party's sweeping victory in Australia will strengthen Prime Minister Anthony Albanese's ability to increase public spending and bolster ties with foreign partners.

Albanese Returns Stronger Than Ever Following Australia's General Election

Singapore

Supporters of Singapore's ruling People's Action Party attend an election rally on May 1, 2025. 

While the ruling party is set to extend its 60-year rule, a weaker mandate could impede its ability to navigate economic headwinds and rising public demands for policy reform.

Previewing Singapore's Election

Drag-line excavator mines rare earth materials on Ukrainian soil on Feb. 25, 2025, in the Zhytomyr region of Ukraine. 

A new U.S.-Ukraine economic deal offers Washington a long-term stake in Ukraine's critical resources -- and a potential lever in ceasefire diplomacy.

New Strategic Pact Gives U.S. Stake in Ukraine's Economic Future

Benin

Burkina Faso

Cameroon

Central African Republic

Chad

Comoros

Cote d'Ivoire

Djibouti

Gabon

Guinea

Madagascar

Mali

Mauritania

Niger

Republic of the Congo

Senegal

Togo

France

A picture released on July 12, 1963, of then-French President Gen. Charles de Gaulle (2L) and Jacques Foccart (L) greeting African, Malagasy and French overseas territories veterans arriving in Paris for French Bastille Day celebrations.

After decades of cultivating tight-knit relationships with francophone African countries, France has effectively ended its forward military presence in West and Central Africa amid shifting political dynamics in both regions, which will weaken its influence on the continent but enable Paris to reallocate resources towards Europe's security.

France, Africa and the Future, Part 1: A New Balance of Power 

Economics

SITUATION REPORTS

EU, Russia: Von der Leyen Floats New EU Sanctions on Russia, Including on Nord Stream Pipelines

Vietnam, Thailand: Governments Upgrade Ties to Top Tier

U.S., Syria: Trump Administration Pushes for 180-Day Sanctions Waiver

Australia, U.S., China: Canberra Rejects U.S. Trade Pressure on Beijing

U.S., Africa: Trump to Hold U.S.-Africa Trade and Investment Summit by Year-End

EU, U.K.: Post-Brexit Disagreements Continue to Complicate EU-U.K. Security and Defense Pact

U.S., Qatar: Governments Sign Economic Commitments, Defense Deals

Colombia: Bogota's BRI Membership To Spur Chinese Investments, Risk Deteriorating Ties With U.S.

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