Canada

Mexico

United States

Economics

Energy

Politics

London-based Harbour Energy announced in a Dec. 31 press release that it had been appointed the operator of the Zama oil field project offshore Mexico.

Mexico: Sheinbaum Administration Names Private Company Operator of Zama Oil Field

Europe

Military & Security

European Defense Commissioner Andrius Kubilius confirmed in a Dec. 1 post on X that all 19 participating EU member states had submitted national investment plans for the Security Action for Europe (SAFE) loan facility by the Nov. 30 deadline, adding that 15 of the plans included Ukraine.

EU: Defense Joint-Procurement Loan Scheme Progresses, Canada Joins

Canada's 13 provinces and territories, plus the federal government, signed the Canadian Mutual Recognition Agreement on Nov. 19 to remove internal trade barriers for thousands of products, according to a statement from British Columbia's provincial government. 

Canada: Agreement Reached To Break Down Internal Trade Barriers

Canadian Finance Minister Francois-Philippe Champagne revealed the minority Liberal government's budget for the next fiscal year, which pledges large investments in infrastructure, defense and a variety of targeted measures for both households and industries to offset the negative impacts of U.S. tariffs, CTV News reported on Nov. 4.

Canada: Liberal Government Unveils High-Stakes Budget Powered by Deficit Spending

China

Philippines

The Philippines and Canada signed their status of visiting forces agreement, formalizing troop access and joint military training cooperation, The Philippine Star reported on Nov. 3.

Philippines, Canada: Manila, Ottawa Sign Defense Pact

U.S. President Donald Trump told reporters that he does not want to meet with Canadian Prime Minister Mark Carney at the Asia-Pacific Economic Cooperation summit later this week and said he does not anticipate reviving trade talks with Canada anytime soon, Bloomberg reported on Oct. 25.

U.S., Canada: Trump Rules Out Talks With Carney After Threatening New Tariffs

U.S. President Donald Trump announced in a Truth Social post late on Oct. 23 that he was ending all trade talks with Canada due to a video ad paid for by the province of Ontario and running in U.S. markets featuring former U.S. President Ronald Reagan criticising tariffs.

U.S., Canada: Trump Cancels Trade Talks With Canada Due to Anti-Tariff Ad

Indonesia

Indonesia and Canada signed a Comprehensive Economic Partnership Agreement in Ottawa on Sept. 24 that eliminates or significantly reduces tariffs on over 90% of Indonesian exports to Canada and 95% of Canadian exports to Indonesia, which mostly consist of agricultural products, Bloomberg reported on Sept. 25. 

Indonesia, Canada: Jakarta, Ottawa Ink Trade Deal 

Assessments

Benin

Uganda

Venezuela

Greenland

Iran

Denmark

The Greenlandic flag on Jan. 8, 2026, on the roof of Tivoli Castle in Copenhagen, Denmark.

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

The Weekly Rundown: Elections in Uganda and Benin, Canada's Carney Goes to China

A 3D rendering of the Canadian, U.S. and Mexican flags.

The White House is expected to utilize threats of scrapping the trilateral pact in favor of bilateral agreements as a high-stakes negotiating tactic, creating a period of intense business uncertainty and market volatility.

The Outlook for USMCA Renegotiation in 2026

Burkina Faso

Democratic Republic of the Congo

Madagascar

Mali

Niger

Nigeria

Rwanda

Paraguay

Egypt

Israel

Lebanon

Morocco

Palestinian Territories

Qatar

Syria

Turkey

Yemen

Australia

Cambodia

Timor-Leste

Japan

Mongolia

Myanmar

South Korea

Thailand

Vietnam

Bulgaria

Ukraine

Russia

Afghanistan

India

Nepal

Pakistan

Flight routes.

Cyber

Environment, Science & Technology

Science & Technology

As 2026 approaches, we look back at the previous year and consider the top five patterns and trends as measured by geopolitical impact.

2025: A Geopolitical Review

The clock tower outside of Canada's parliament building is seen in Ottawa, Ontario.

Global Trade

Canada's push to revive its economy and diversify its trade and security ties beyond the U.S. will likely see slow progress and could prompt U.S. retaliation, while the associated deficit spending will risk long-term fiscal strain.

The High Stakes of Canada's Attempt To Pivot Away From the U.S.

Snapshots

A digital illustration of the Indian and Canadian flags.

India and Canada's efforts to improve relations could see them resume trade talks after a two-year hiatus. But lingering mistrust, particularly over Sikh separatist activity in Canada, may hinder deeper progress.

India and Canada's Diplomatic Reset: Opportunities and Challenges

Argentina

Bolivia

Brazil

Uruguay

United Arab Emirates

Singapore

The Geopolitics of Trade

Mercosur is increasingly opening its markets in pursuit of free trade agreements with partners around the world, particularly as U.S. protectionism shifts global trade dynamics.

The Geopolitics of Trade: What Changing Trade Dynamics Mean for Mercosur

Taiwan

A Cambodian soldier stands on a truck with a rocket launcher in Cambodia's Oddar Meanchey province, which borders Thailand, on July 25, 2025. 

U.S.-China Relations

The Weekly Rundown: U.S. Tariff Deadline Passes, Thai-Cambodian Border Tensions Persist

A worker positions a robotic underwater vehicle that can be remotely operated to harvest mineral deposits in the deep ocean, after conducting tests in a lake in Collingwood, Ontario, on May 1, 2025.

Recent U.S. actions will likely accelerate commercial seabed mining operations in certain resource-rich waters around the world, despite international regulatory hurdles and ongoing environmental concerns.

Deep-Sea Mining: Opportunities, Risks and the Path to Commercial Extraction

United Kingdom

Australian Defense Minister Richard Marles and British Defense Secretary John Healey sit together for the AUKUS Defense Ministers Meeting at Old Royal Naval College on Sept. 26, 2024, in London, England.

Despite growing U.S. skepticism, strong imperatives to counter China's maritime presence will likely lead Washington to see a revised version of the AUKUS defense pact through.

U.S. Review of AUKUS Pillar I Puts Pact on Shaky Ground

Sub-Saharan Africa

Germany

France

Italy

Rescue teams work at damaged buildings in Nobonyad Square following Israeli airstrikes on June 13, 2025, in Tehran, Iran. 

Russia-Ukraine Conflict

The Weekly Rundown: G7 Leaders' Summit, More Israeli Attacks on Iran

An image shows a row of flags from the G7 members.

The June 15-17 summit will provide an opportunity for the bloc to discuss trade tensions and the war in Ukraine, but the meeting is more likely to expose transatlantic divisions over Trump's tariffs and reluctance to pressure Russia.

What To Expect From the First G7 Summit Following Trump's Return to the White House

A U.S. courthouse facade with columns in lower Manhattan, New York.

The court ruling nullifies most -- though not all -- of the Trump administration's tariffs, giving U.S. trading partners temporary breathing room in negotiations while the White House searches for alternative trade measures.

The White House's Tariff Ambitions Bend -- But Do Not Break -- Under the Weight of a Court Ruling

Located on the North American continent, Canada is the world’s second-largest country. Most of Canada is uninhabited wilderness, and Arctic temperatures make the northern territories inhospitable to large population centers.     Canada became independent from the United Kingdom in 1867. The country is made up of 10 provinces and three territories. A majority of Canada’s 35 million people reside within 100 kilometers of the U.S. border, where the climate and topography support meaningful populations. However this population is spread across a distance of roughly 7,000 kilometers, from the Atlantic to the Pacific oceans. Canada's primary geographic challenge is maintaining unity across its diverse population cores, which include Toronto and Montreal in the Great Lakes watershed; the prairie provinces of Manitoba, Saskatchewan and Alberta; and Vancouver on the Pacific coast.     The economies of these population cores are geared toward external trade as they try to meet demand for their services, manufactured goods and natural resources like oil. Heavy crude oil found largely in the province of Alberta is exported to U.S. and international markets, making Canada the world’s sixth-largest oil producer. Distance and climate are perennial challenges for Canada. The Trans-Canada Railway was Ottawa’s first effort, completed in 1886, to link Montreal, Toronto, the prairies and Vancouver. Redistribution payments, collected from resource-rich provinces and disbursed to resource-poor provinces and territories, is a contemporary policy aimed to unify and equalize provincial and territorial finances.     Because of its location, Canada is well within the U.S. sphere of influence and the country's freedom to act is constrained by U.S. interests.

North America Unrivaled

A Crude Recovery

SITUATION REPORTS

Mexico: Sheinbaum Administration Names Private Company Operator of Zama Oil Field

EU: Defense Joint-Procurement Loan Scheme Progresses, Canada Joins

Canada: Agreement Reached To Break Down Internal Trade Barriers

Canada: Liberal Government Unveils High-Stakes Budget Powered by Deficit Spending

Philippines, Canada: Manila, Ottawa Sign Defense Pact

U.S., Canada: Trump Rules Out Talks With Carney After Threatening New Tariffs

U.S., Canada: Trump Cancels Trade Talks With Canada Due to Anti-Tariff Ad

Indonesia, Canada: Jakarta, Ottawa Ink Trade Deal

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