Snapshots

South Africa

Democratic Alliance leader John Steenhuisen holds a press conference in Johannesburg, South Africa, on Jan. 28, 2025.

Economics

Politics

Rising tensions between the ruling ANC and its key coalition partner over the 2025 budget are raising the risk of a coalition breakdown, which would threaten policy paralysis and a marked depreciation of the rand.

What the Democratic Alliance's Exit From Government Would Mean for South Africa

United States

China

Cranes unload shipping containers from a ship at a port in Qingdao, in eastern China's Shandong province, on April 2, 2025. 

Global Trade

U.S.-China Relations

The timing and scope of Beijing's retaliatory measures signal a significant escalation of its trade war with Washington, which may nonetheless increase the long-term chance of a trade deal.

China Abandons Restraint With Latest Trade Salvo Against the U.S.

Chad

Sudan

A photo of Khartoum, Sudan, with columns of smoke rising in the background.

Military & Security

The SAF's military victory in Khartoum marks a turning point in the country's civil war, but a firm resolution remains out of reach as the RSF fights to consolidate control in the west.

What Next for Sudan After the Army Retakes Khartoum?

Germany

France

Netherlands

Spain

Italy

Ireland

U.S. President Donald Trump signs an executive order after delivering remarks on reciprocal tariffs during an April 2 event in the Rose Garden in Washington. The U.S.–EU trade dispute is on track to escalate as Brussels prepares retaliation against Washington's sweeping 20% tariff on EU goods, increasing the risk of a protracted tit-for-tat trade war that would disrupt supply chains, slow growth on both sides of the Atlantic and strain broader cooperation. 

The developments could see a protracted tit-for-tat trade war that disrupts supply chains, slows growth on both sides of the Atlantic and strains broader cooperation.

Brussels Prepares to Respond to the Latest Trump Tariffs

French far-right Leader Marine Le Pen leaves the courtroom after a guilty verdict in her embezzlement case trial on March 31, 2025 in Paris, France. 

Marine Le Pen’s conviction for embezzling EU funds and an immediate five-year ban from public office has shaken French politics, threatening government stability and fueling far-right outrage ahead of the 2027 election.

Le Pen's Five-Year Political Ban Sets the Stage for Renewed Political Instability in France

Bolivia

Morales supporters march against the Arce government and denounce the economic crisis Jan. 13 in La Paz, Bolivia. The crisis will fuel political instability ahead of the country's August presidential election amid shortages of dollars and fuel.

Energy

The crisis will fuel political instability ahead of the country's August presidential election amid shortages of dollars and fuel.

Bolivia's Socioeconomic Crisis Will Spiral Ahead of Its Presidential Election

Australia

Australian Treasurer Jim Chalmers delivers a speech in parliament on the government's newly unveiled 2025-26 budget on March 25, 2025, in Canberra, Australia.

Unveiled just ahead of May elections, the budget marks a pivot to resource-driven growth, U.S.-aligned defense integration and domestic industrial development, but its durability will be tested.

Reading Between the Lines of Australia's 2025-26 Budget

Turkey

People in Istanbul, Turkey, walk past a currency exchange board showing the Turkish lira, which fell to historic lows against the dollar upon the news of Istanbul Mayor Ekrem Imamoglu's arrest on March 19, 2025. 

Extensive foreign exchange sales have so far kept the Turkish lira relatively stable, but this is a high-risk strategy as it could eventually force Ankara to allow for significant exchange rate depreciation.

Turkey's Efforts To Stabilize Markets Amid Protests May Not Be Sustainable

Sub-Saharan Africa

The skyline of Kigali, Rwanda, is seen on March 27, 2024.

The region's population dynamics will remain favorable in the context of strong labor force growth and declining dependency ratios.

The Economic Potential of Sub-Saharan Africa's Population Growth

New Zealand

Europe

United Kingdom

India

India's Prime Minister Narendra Modi (L) walks with New Zealand's Prime Minister Christopher Luxon (R) before their meeting at the Hyderabad House in New Delhi, India, on March 17, 2025. 

U.S. tariff threats are pushing India to revamp negotiations over free trade agreements, but protectionist trade policies and other obstacles will challenge the progression of talks.

India Dusts Off Old FTA Negotiations Ahead of U.S. Tariffs

Cambodia

Thailand

The Ta Moan Thom temple is seen on the border between Thailand and Cambodia.

While full-scale military conflict is unlikely, the dispute risks spurring localized border clashes, as both Cambodia and Thailand maintain entrenched military positions with no clear legal resolution.

Thai-Cambodian Tensions Flare Over Disputed Temple, Raising Fears of Clashes

Incoming German Chancellor Friedrich Merz addresses the Bundestag on March 18, 2025, before a vote on changes to the country's constitutional debt limits.

The historic reform will allow for increased investment and higher defense spending, which will help raise medium-term economic growth in both Germany and the euro area. 

The Economic Impact of Germany's Debt Brake Reform

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