Snapshots

Ghana

A man holds cedis, the Ghanan currency, notes in Accra, Ghana, on Dec. 1, 2022.

Economics

Military & Security

Politics

Social Issues

Ghana's adherence to its IMF program will likely see it enjoy rebounding economic growth in 2025, even if the country's upcoming elections and reliance on commodity exports pose short- and long-term risks.

Despite Downside Risks, Ghana Is Poised for a Progressive Economic Recovery

Sub-Saharan Africa

China

Chinese President Xi Jinping (center) and leaders from African nations assemble for a group photo at the 2024 Forum on China-Africa Cooperation (FOCAC) in Beijing, China, on Sept. 5, 2024.

In a recent speech, Chinese President Xi laid out a $51 billion funding pledge for Africa, but fiscal and security constraints make a return to the heavy Chinese engagement of the mid-2010s highly unlikely.

China Commits to Long-Term Africa Ties, Even if Belt and Road Remains Muted

United States

Netherlands

Environment, Science & Technology

U.S.-China Relations

Science & Technology

The United States and the West are likely to continue tightening export controls on China's semiconductor and other high-tech industries to close loopholes exploited by Chinese companies.

Tightened Western Tech Export Controls on China Signal More to Come

France

Incoming Prime Minister Michel Barnier (R) delivers a speech next to outgoing Prime Minister Gabriel Attal on Sept. 5 in Paris. Barnier will struggle to pass legislation in a highly fragmented National Assembly.

France's new prime minister will struggle to pass legislation in a highly fragmented National Assembly. While the government will still have options to reduce the country's fiscal deficit and avoid a financial crisis, these would come at the cost of severe social unrest and political volatility.

France's New Prime Minister Will Struggle to Pass Laws and Avoid Financial Woes

Romania

The EU flag is projected on the facade of Romania's parliament building in Bucharest on the eve of Europe Day on May 8, 2024. 

Romania's financial risks are manageable in the short-to-medium term, but failure to reduce its fiscal and current account deficits could expose the country to external shocks.

The Financial Risks of Romania's Twin Deficits

Ukraine

Russia

India

Indian Prime Minister Narendra Modi arrives for a working session on the second day of the G-7 summit in Schloss Elmau, Germany, on June 27, 2022. 

Russia-Ukraine Conflict

The trip is likely aimed at addressing backlash from the prime minister's recent visit to Russia, as India tries to mitigate Western criticism and reinforce its neutrality in the Ukraine conflict.

Modi's Upcoming Visit to Ukraine Reflects India's Balancing Act

Thailand

Former Thai Prime Minister Srettha Thavisin addresses the media after the Thai Constitutional Court removed him from office Aug. 14 in Bangkok.

The removal of the Thai prime minister represents the military establishment's latest attempt to impose its influence on the government, which in the coming months and years will continue to constrain Thailand's economic growth while stoking social unrest.

The Thai Military Establishment Replaces Another Prime Minister

Japan

Japanese Prime Minister Fumio on Aug. 14 in Tokyo. The prime minister's resignation raises the prospect for change in domestic economic policy, such as cost-of-living issues, but major changes are unlikely regarding Japan's pursuit of military partnerships in the Indo-Pacific, and a national policy turn toward the left is not yet imminent.

The prime minister's resignation raises the prospect for change in domestic economic policy, such as cost-of-living issues, but major changes are unlikely regarding Japan's pursuit of military partnerships in the Indo-Pacific, and a national policy turn toward the left is not yet imminent.

In Japan, Kishida's Resignation Will Bring a New Face to the Same Old LDP

Poland

Polish Prime Minister Donald Tusk on July 2 in Warsaw.

Global Elections

Poland's ongoing political volatility will continue to create policy and economic uncertainty leading up to the presidential election in mid-2025. If this persists after the election, it could have long-term negative effects on the country's appeal to investors.

Political Polarization Fuels Uncertainty Ahead of Poland's 2025 Presidential Election

Denmark

Sweden

An apartment block damaged when a gang-related bomb exploded early Feb. 2 in Sundbyberg, Sweden. Persistently high and increasingly politicized violent crime rates in Sweden could negatively affect the country's political stability, international reputation, social cohesion and economic growth.

If unresolved, rising violent criminal activity could exacerbate social tensions, cause political instability and lead to a gradual deterioration of the country's business environment.

Persistent Gang Violence in Sweden Threatens Political Stability and the Economy

Kazakhstan

Kazakh President Kassym-Jomart Tokayev waits to greet foreign leaders during the Shanghai Cooperation Organization member states leaders' summit in Astana on July 4, 2024.

Continued liberalization will strengthen Kazakhstan's economic outlook in the coming years, but close ties to Russia and China may stifle foreign investment and limit growth.

Will Economic Liberalization Be Enough To Attract Foreign Investment in Kazakhstan?

United Kingdom

Far-right activists gather in Sunderland, England, on Aug. 2, 2024, after misinformation spread via social media falsely attributed to a Muslim migrant to the recent murders of three girls in Southport.

The unrest following a fatal attack falsely blamed on a Muslim migrant underscores the growing threat of far-right extremism and disinformation in the U.K. and Europe more broadly, but the riots are unlikely to notably impact the new Labour government.

The New U.K. Government Faces Its First Test Amid Rash of Far-Right Riots

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