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Politics

U.S. President Donald Trump's administration is pressuring the European Union to jettison an artificial intelligence code of practice rulebook intended to create higher transparency and risk-mitigation standards for AI developers, Bloomberg reported on April 25. 

EU, U.S.: White House Pressures Europe To Abandon AI Code of Conduct

Democratic Republic of the Congo

Rwanda

Military & Security

U.S. Secretary of State Marco Rubio will receive Congolese Foreign Minister Therese Kayikwamba Wagner and her Rwandan counterpart, Olivier Nduhungirehe, who are due to sign a "declaration of principles," Jeune Afrique reported on April 25.

Congo: U.S. Secretary Marco Rubio To Receive Congolese and Rwandan Counterparts for 'Peace Pathway Deal'

Kenya

China

Kenyan President William Ruto and Chinese President Xi Jinping agreed to upgrade bilateral ties to a “new level” and strengthen cooperation in a range of sectors, including infrastructure, healthcare, science and technology, and security following a bilateral meeting, Reuters reported on April 24. 

Kenya, China: Nairobi and Beijing Upgrade Ties Following Ruto-Xi Meeting

South Africa

South Africa's National Treasury announced that it would not proceed with a 1% increase in the value-added tax rate scheduled in the country's 2025 fiscal framework and would instead ask parliament to "adjust expenditure" in a way that does not harm the country's fiscal sustainability, Reuters reported on April 24.

South Africa: ANC Capitulates on VAT Hike, Spending Cuts Now on the Table

South Korea

South Korea's first-quarter gross domestic product dropped 0.1% year on year, while consumption fell 0.1%, exports dropped 1.1%, and construction and facility investment fell 3.2% and 2.1%, respectively, according to the Bank of Korea on April 24. 

South Korea: First Quarter GDP Contracts, Second Quarter Off to a Poor Start

Lebanon

Lebanon's National Assembly approved a law to remove banking secrecy, Reuters reported on April 24.

Lebanon: Parliament Passes Banking Secrecy Act

India

Pakistan

India announced the suspension of the 1960 Indus Water Treaty and ordered Pakistani nationals within its territory to leave the country by April 27, following the April 22 attack by The Resistance Front that killed at least 26 people in the locality of Pahalgam, Jammu and Kashmir province, The Times of India reported on April 24.

India, Pakistan: Tensions Rise as Pakistan, India Downgrade Relations, Threaten Escalation

Belgium

China is preparing to lift sanctions on European Parliament lawmakers in an effort to revive its stalled Comprehensive Agreement on Investment (CAI) with the European Union, the Financial Times reported April 23, citing a spokesperson for European Parliament President Roberta Metsola.

EU, China: Beijing Ready to Lift Sanctions on European Lawmakers to Revive EU Investment Agreement 

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.

Sub-Saharan Africa

Americas

Asia-Pacific

Eurasia

Middle East and North Africa

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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

A digital illustration of the Chinese and EU flags.

Global Trade

Transatlantic trade tensions have created a window for tactical EU-China engagement, but structural constraints and unresolved disputes limit prospects for meaningful realignment.

Budding EU-China Rapprochement Amid U.S. Tariffs Will Have Its Limits

U.S.-China Relations

Media

Podcasts

Will India be able to stay on track for its growth goals?

Essential Geopolitics: The Outlook for India's Economy

An Indian paramilitary serviceman keeps watch in Pahalgam, south of Srinagar, on April 23, 2025, following a deadly attack in Indian-administered Kashmir. 

India and Pakistan's exchange of tit-for-tat diplomatic and economic moves is raising the risk of a military escalation, while also fueling domestic unrest due to rising nationalist sentiment in both countries.

India-Pakistan Tensions Surge Following Deadly Kashmir Attack

Snapshots

Russia

People walk past an electronic panel, promoting the contract service in the Russian armed forces, with a sign that reads "Our profession is to defend the Fatherland" in a shopping mall on May 11, 2024, in Moscow, Russia. 

Russia is signaling it may welcome back Western companies, but strict conditions, ongoing sanctions and reputational risks are likely to deter a widespread return.

Russia Opens Door to Western Firms, But With Major Strings Attached

Mexico

Trucks travel by the U.S.-Mexico border after crossing the border into the United States at Otay Mesa, California, on April 2, 2025. 

Although U.S. tariffs will hurt Mexico's economy in the short term, they may eventually grant Mexico a competitive advantage over countries that face even higher duties.

The Buffers That Will Help Mexico Navigate Tariff Turbulence

Japan

The Geopolitics of Trade

U.S. reciprocal tariffs will have major economic and political impacts on Japan and South Korea, particularly as both East Asian countries prepare for summer elections.

The Geopolitics of Trade: The Impact of U.S. Tariffs on South Korea and Japan

Columns

On Geopolitics

Iran

Israel

Syria

A Lebanese flag painted on a damaged building in the village of Meiss El-Jabal in southern Lebanon is seen from a position on the Israeli side of the border on Jan. 23, 2025, in northern Israel. 

Hezbollah's military losses and the formation of Lebanon's new government have opened the door to a new chapter in Lebanese history, although external pressure will complicate the country's next steps.

Hezbollah's Future in Lebanon

A crowd of men in 1930 wearing jackets and hats.

U.S. tariffs are throwing economies across the globe into disarray, just as they did in 1930, but lessons from the past could keep the world from tipping into a second Great Depression.

Lessons From the 1930s on Avoiding a Second Great Depression

Kuwait

Kuwaiti traders follow the stock market activity at the Boursa Kuwait stock exchange building in Kuwait City on April 7, 2025. 

Energy

The law will enable external borrowing to finance the country's deficits and Vision 2035 investments, but Kuwait's growing reliance on debt markets to increase capital expenditure could eventually prove problematic. 

After Eight Years of Gridlock, Kuwait Finally Passes a New Debt Law

Bangladesh

Sri Lanka

A general view shows Sri Lanka's Colombo port on April 9, 2025.

Textile exports from Bangladesh, Sri Lanka and Pakistan will suffer under new U.S. tariffs, worsening economic hardships and risking political instability.

South Asia's Textile Industry Reels From U.S. Tariffs

Argentina

Aerial view of 9 de Julio Avenue in Buenos Aires, Argentina, is seen on April 10, 2025, during a 24-hour strike called by workers' unions against the economic policies of President Javier Milei. 

The $20 billion bailout package will reduce financial risks amid Argentina's ongoing macroeconomic adjustment, but the threat of policy slippage will increase ahead of the 2027 presidential election.

What To Make of Argentina's Latest IMF Deal

Australia

Australian Labor Prime Minister Anthony Albanese (L) debates Liberal opposition leader Peter Dutton on April 8, 2025, in Sydney, Australia. 

While another Labor government would portend domestic and foreign policy continuity, a victory by the Liberal-National coalition would signal a shift toward fiscal austerity, loosened energy regulations, expanded defense spending and stricter immigration regulations.

Australia's Election: Potential Outcomes and Their Implications

Global Elections

Economics

SITUATION REPORTS

EU, U.S.: White House Pressures Europe To Abandon AI Code of Conduct

Congo: U.S. Secretary Marco Rubio To Receive Congolese and Rwandan Counterparts for 'Peace Pathway Deal'

Kenya, China: Nairobi and Beijing Upgrade Ties Following Ruto-Xi Meeting

South Africa: ANC Capitulates on VAT Hike, Spending Cuts Now on the Table

South Korea: First Quarter GDP Contracts, Second Quarter Off to a Poor Start

Lebanon: Parliament Passes Banking Secrecy Act

India, Pakistan: Tensions Rise as Pakistan, India Downgrade Relations, Threaten Escalation

EU, China: Beijing Ready to Lift Sanctions on European Lawmakers to Revive EU Investment Agreement

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