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AssessmentsAug 4, 2020 | 10:00 GMT
Plainclothed Belarus' security forces and riot police officers detain a protester at an opposition demonstration in Minsk, Belarus, on July 14, 2020.
In Belarus, an Election Fuels the Fight for Russia's Borderlands
The likely tumultuous aftermath of Belarus's upcoming presidential election could significantly shake up the balance of power in the strategic borderland region between Russia and Western Europe. Amid the growing popularity of opposition movements in Belarus, the outcome of the country's Aug. 9 presidential election is widely expected to be heavily contested. The likely emergence of post-election protests will cast doubt over President Alexander Lukashenko's grasp on power and could open the door to a potential regime change. Belarus's importance to Russia's external security strategy will make Moscow extremely invested in the outcome of any power struggle in the country, which could prompt Russia to intervene directly.
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SnapshotsJul 31, 2020 | 10:00 GMT
Yemen’s Separatists Pause Their Push for Autonomy to Advance It Later
Yemen's Southern Transitional Council (STC) will temporarily implement the terms of a previous peace deal with the Yemeni government to gain political leverage before ultimately returning to its pursuit of an independent southern Yemen. The STC, which is an umbrella force of southern militias and secessionists, announced July 29 that it would abide by a Saudi-brokered political reconciliation agreement with its rivals in President Mansoor Hadi's internationally recognized government. The announcement came a few hours after Saudi Arabia announced its plans to “accelerate” the implementation of the power-sharing agreement signed last year in Riyadh, which demands the STC end its attempts at self-rule in exchange for more posts in the government.
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SnapshotsJul 30, 2020 | 17:16 GMT
A Year On, China's Tech-Focused Stock Market Is Making Strides
The STAR Market, China's equivalent to a tech-focused Nasdaq, is fueling growth in China's tech sector, but Beijing's regulation and fears of both domestic speculation and industry bubbles will constrain the exchange's potential for growth. A recent string of launches is demonstrating the STAR Market's potential power to raise capital and draw investment into the Chinese technology sector. China will likely continue to liberalize the market faster than its other domestic stock markets, as the exchange becomes increasingly central to China's overall technology ambitions amid its tech war with the United States. The success of the STAR Market, however, will depend on the innovativeness and quality of the companies involved in it, as well as the broader constraints to China's tech sector.
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AssessmentsJul 29, 2020 | 10:00 GMT
Ukraine's new central bank chief, Kyrylo Shevchenko, wears a face mask as he watches lawmakers vote on his candidacy during a parliamentary session on July 16, 2020.
Is Ukraine on Thin Ice with the IMF?
A potential falling out with the International Monetary Fund (IMF) over monetary policy and independence of the National Bank of Ukraine (NBU) would be highly damaging, but not catastrophic, to Ukraine's economic recovery efforts. The economic fallout from COVID-19 has made Kyiv heavily dependent on the bailout money it's receiving from the IMF, as well as the European Union. The IMF has placed Kyiv on a fairly short leash, warning that the recent appointment of Kyrylo Shevchenko -- an advocate of easier monetary policy and ally of President Volodymyr Zelensky -- raises questions regarding the NBU's independence and possible politicization. Zelensky and Shevchenko's political views are unlikely to cause the IMF to suspend its assistance to Ukraine, though the actions of the NBU will be monitored closely.
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SnapshotsJul 21, 2020 | 16:23 GMT
The EU Reaches a Landmark Recovery Fund Deal, but Divisions Remain
The European Union has overcome its most serious political crisis since Brexit by approving a large stimulus package to mitigate the economic fallout from COVID-19. But the decision came at the cost of watering down some of Brussels' initial proposals, showing that internal divisions continue to complicate the bloc's policymaking process.
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AssessmentsJul 17, 2020 | 10:00 GMT
A general view of the Grand Ethiopian Renaissance Dam near Guba, Ethiopia, on Dec. 26, 2019.
The Grand Ethiopian Renaissance Dam Is Filling Its Reservoir. What's Next?
The filling of the Grand Ethiopian Renaissance Dam's reservoir was not initiated by Ethiopian government action, but rather the alignment of the project's construction timeline and weather patterns. But while this will mitigate the near-term impact on the flow of the Nile Basin river system into Egypt, tensions between Addis Ababa and Cairo will likely again increase when water availability decreases after the rainy season. The concept of Addis Ababa restricting the Nile River flow to fill the dam's reservoir has become controversial due to Egyptian opposition and failure to reach a negotiated arrangement. But according to Ethiopia's water minister, recent heavy rains caused its water levels to grow rapidly without the government taking direct action. 
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SnapshotsJul 15, 2020 | 20:33 GMT
Trump Carefully Continues to Increase Pressure on China in Hong Kong
Despite growing bipartisan pressure among U.S. legislators to take more aggressive action against China, the White House's latest actions in Hong Kong indicate the administration still seeks to avoid any moves that could substantively damage the city's status as an economic hub or jeopardize the U.S.-China phase one trade deal. On July 14, U.S. President Donald Trump announced the issuing of an executive order invoking the United States-Hong Kong Policy Act of 1992 to certify the city no longer warrants autonomous treatment under U.S. law, as well as the signing of the Hong Kong Autonomy Act (HKAA) into law. These two actions mark another step in the incremental escalation of U.S. pressure on China over its implementation of a severe new national security law in the city but still fall short of more extreme moves Washington could take, reflecting a still cautious White House strategy. 
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AssessmentsJul 14, 2020 | 10:00 GMT
German Chancellor Angela Merkel wears a protective face mask as she attends a plenary session at the European Parliament in Brussels, Belgium, on July 8, 2020.
Germany's Next Election Season Will Begin a Period of Political Turbulence
Disputes between outgoing German Chancellor Angela Merkel and her potential successor will likely lead to an ineffective government ahead of Germany's next parliamentary election, which will take place in late 2021 and could result in the collapse of the country's ruling coalition. In addition to reducing Berlin's ability to manage the economic fallout from COVID-19, this period of political turbulence will also slow the European Union's policymaking process as the rest of the bloc refrains from making meaningful decisions until its largest economy appoints a new government.
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SnapshotsJul 2, 2020 | 15:49 GMT
Amid Spiking COVID-19 Cases, Israel Slows Its Annexation Push
Israel is slowing, but not yet stopping, its annexation plans in the face of a COVID-19 resurgence and possible future changes to its relationship with the United States, forestalling Palestinian unrest and international backlash. The acceleration of these two trends -- further COVID-19 infections and U.S. President Donald Trump's sliding approval ratings -- could upend the annexation process by convincing Israel to shrink its scope or even commit to a long-term delay.
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AssessmentsJul 1, 2020 | 10:00 GMT
An image depicts waving Chinese and Indian flags overlaying a map of the world.
In India, Anti-China Anger Will Bring Out Modi's Hawkish Side
A surge of anti-China sentiment among Indian lawmakers, business leaders and voters will prompt Prime Minister Narendra Modi to take a more aggressive approach against Bejing in the wake of the two countries' recent border clash. This could include a variety of actions ranging from diplomatic moves to economic and trade measures, as well as a continued military build-up against China, which will only further ratchet up tensions between the nuclear-armed neighbors. 
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Quarterly ForecastsJun 29, 2020 | 00:02 GMT
2020 Third-Quarter Forecast
While many of the trends identified in our annual forecast remain slowed down by COVID-19, their pace is picking up as countries carefully emerge from lockdown.
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