United Kingdom

Economics

Military & Security

Outgoing U.K. Prime Minister Keir Starmer on June 30 revealed an additional 15 billion pound (approximately $19.8 billion) investment over four years to bring defense spending to 80 billion pounds by 2029 in a much-delayed and highly anticipated Defence Investment Plan (DIP), The Guardian reported.

U.K.: Starmer Presents Defense Investment Plan to Boost Spending Over Four Years

China

Japan

China's commerce ministry on June 29 announced it was adding 20 Japanese companies to its export control list, cutting off their access to China's list of dual-use exports like rare earths, with the ministry noting the measures are aimed at "deterring Japan's reckless pursuit of 'new-type militarism."

China, Japan: China Curbs Exports to More Japanese Companies Over Military Modernization

Ethiopia

The Ethiopian Finance Ministry announced that it reached an agreement in principle with a bondholder committee regarding the restructuring of a $1 billion eurobond, Reuters reported June 29.

Ethiopian Government Announces Debt Restructuring Deal With Eurobond Committee

After a two-seater, private airplane crashed into CITIC Tower, Beijing's tallest skyscraper, on June 26, Financial Times sources claim that flights at recreational airports nationwide, along with all drone flights, were steadily grounded over June 27-28, with only commercial cargo and passenger flights allowed.

China: Crash Grounds Flights Nationwide, Impedes 'Low-Altitude Economy'

Argentina

Politics

Argentine President Javier Milei appointed Interior Minister Diego Santilli as the new chief of cabinet after the resignation of Manuel Adorni, who is under investigation over alleged illicit enrichment, La Nacion reported June 28.

Argentina: Milei Replaces Cabinet Chief After Monthslong Scandal

Former Greater Manchester mayor Andy Burnham proposed a major shift toward regional governance to counter the concentration of power in London during his first major policy speech since launching his bid to succeed Keir Starmer as Labour Party leader and U.K. prime minister, the Guardian reported June 29.

U.K.: Burnham Proposes Massive Rebalancing of Power 

Australia

Vanuatu

Australia and Vanuatu signed the Nakamal Agreement after months of delay, with Vanuatu committing not to host foreign military bases or infrastructure and to keep critical infrastructure free from militarization, according to treaty text published by Australia's Department of Foreign Affairs and Trade on June 29.

Australia, Vanuatu: Countries Sign Pact to Limit Foreign Military Access

Indonesia

Indonesia's parliament approved rules allowing Danantara, the country's sovereign wealth fund run by the executive branch, to issue special bonds to help fund the government's spending priorities, Bloomberg reported on June 26.

Indonesia: New Bond Protections Raise Governance Risks

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.

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Beyond Quantitative Easing

The New Silk Road

The Fate of the Eurozone

South America: Split Decisions on Trade

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Russia's Internal Struggle

China in Transition

A Japanese Awakening

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Russia-Ukraine Conflict

A fragile truce in the Middle East, persistent energy-driven inflation, shifting U.S. trade policy and escalating regional pressures from Europe to Africa will collectively shape geopolitical risk in the third quarter.

2026 Third-Quarter Forecast: An Excerpt

Canada

Mexico

United States

Iran

India

Cargo ships June 19 off the coast of the Khor Fakkan Container Terminal in Sharjah emirate, along the Gulf of Oman.

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

The Weekly Rundown: Japan's Takaichi Goes to India, an Unsteady U.S.-Iran Ceasefire

U.S.-Iran Relations

Snapshots

Israel

Lebanon

Oman

Maps4media-processed Sentinel-2 satellite imagery shows a broad overview of the Strait of Hormuz on June 16, 2026.

U.S.-Iran talks will face increasingly large obstacles as negotiators approach more contentious topics, namely Iran's nuclear program.

For the U.S. and Iran, the Hardest Negotiations Lie Ahead

Columns

On Geopolitics

The U.S. Treasury Department building in Washington, D.C.

The legal and geographical constraints of Washington's jurisdiction make freezing the assets of countries like Iran a far more flexible and effective diplomatic tool than outright seizure. 

American Financial Power: Freezing vs. Seizing Other Countries' Foreign Assets

Bahrain

Kuwait

Qatar

Saudi Arabia

United Arab Emirates

U.S. Secretary of State Marco Rubio (C, top) meets with GCC foreign ministers during his visit to the Middle East to discuss with Arab Gulf allies the interim deal between the U.S. and Iran on June 25 in Manama.

While Qatar and Saudi Arabia explore restoring trade ties with Iran, the United Arab Emirates is aligning its security with Israel and the United States.

Divergent Approaches to Iran Expose Gulf Arab Splits

Colombia

Venezuela

Abelardo de la Espriella, who has since been declared president-elect, waves to supporters after casting his vote during the runoff election on June 21, 2026, in Barranquilla, Colombia. 

De la Espriella's administration will reverse many of the outgoing government's security, economic and social policies, restoring a hard-line anti-crime approach and deepening ties with the United States.

What de la Espriella's Victory Means for Colombia

Venezuela's acting President Delcy Rodriguez speaks with journalists following a session at the International Court of Justice (ICJ) regarding the Essequibo region in The Hague on May 11. 

Risk-tolerant investors stand to benefit from unprecedented regulatory changes and direct resource access, but face the risk of reforms being unwound by a future Venezuelan government.


Venezuela's Outlook and Implications for Strategic Sectors, 6 Months After Maduro's Capture

Britain's Prime Minister Keir Starmer poses with his wife Victoria at the door to 10 Downing Street after making a statement on his future outside 10 Downing Street on the morning of June 22, 2026, in London. 

While a swift leadership transition by mid-July could restore near-term political stability, investors will focus on whether Prime Minister Keir Starmer's successor will be able to successfully balance party unity with fiscal discipline.


Burnham Premiership Could Stabilize U.K. Politics, But Markets Remain Cautious

The logo of Danantara Indonesia, the country's second sovereign wealth fund, is seen at its headquarters in Jakarta on March 31, 2026. 

Indonesia's new commodity oversight regime marks a major expansion of state control over strategic exports, but fiscal pressure, investor unease and street protests will likely push a softer monitoring model short of a full state takeover.

Managing Uncertainty Under Indonesia's Evolving Export Control Regime

Cockroach Janta Party founder Abhijeet Dipke (center) participates in a protest in Amritsar, India, on June 13, 2026.

While the Cockroach Janta Party has so far struggled to convert its online popularity into large street protests, worsening economic grievances among India's youth could catalyze the movement's growth.

Can India's Viral 'Cockroach' Party Mobilize a Gen Z Uprising?

Algeria

The Council of the National Assembly, Algeria's primary legislative body, is seen in Algiers.

Upcoming elections are unlikely to change the pro-president composition of Algeria's lower house, making significant policy change or reforms unlikely.

Algeria's Parliamentary Elections Will Yield Policy Continuity

An Iranian woman walks past a mural depicting Iran and the United States at the negotiation table, painted on the outer walls of the former U.S. embassy in Tehran, on Feb. 6, 2026.

While the deal will reduce the immediate threat of renewed conflict, shipping through Hormuz will likely resume only gradually amid the risk that talks stall, flare-ups resume and vessels face renewed harassment.

U.S.-Iran Deal Pauses Conflict, but the Path to Peace Remains Fraught

Economics

SITUATION REPORTS

U.K.: Starmer Presents Defense Investment Plan to Boost Spending Over Four Years

China, Japan: China Curbs Exports to More Japanese Companies Over Military Modernization

Ethiopian Government Announces Debt Restructuring Deal With Eurobond Committee

China: Crash Grounds Flights Nationwide, Impedes 'Low-Altitude Economy'

Argentina: Milei Replaces Cabinet Chief After Monthslong Scandal

U.K.: Burnham Proposes Massive Rebalancing of Power

Australia, Vanuatu: Countries Sign Pact to Limit Foreign Military Access

Indonesia: New Bond Protections Raise Governance Risks

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