Europe

Economics

Energy

Environment, Science & Technology

Global Trade

Politics

The European Commission is set to adopt the Industrial Accelerator Act on March 4, following weeks of internal debate and last-minute revisions, Politico reported March 3.

EU: Brussels To Present Industrial Accelerator Act With Revisions Expected To Blunt "Made in Europe" Rules

United States

The European Parliament suspended ratification of the EU-U.S. trade agreement, International Trade Committee Chair Bernd Lange said Feb. 23.

EU, U.S.: European Parliament Freezes EU-U.S. Trade Deal Ratification Amid Renewed Tariff Uncertainty

Military & Security

The European Parliament's trade committee agreed on a common position on the July 2025 EU-U.S. trade framework agreement, backing amendments ahead of a plenary vote, Politico reported Feb. 10. 

EU, U.S.: European Parliament Backs Safeguards in EU-U.S. Tariff Deal, Paving Way for Plenary Vote

Americas

Paraguay

France

Belgium

Poland

Austria

Italy

Ireland

Hungary

EU member states gave provisional approval for the European Commission to sign the long-delayed free trade agreement with South America's Mercosur bloc, Reuters reported Jan. 9.

EU, Mercosur: EU Member States Approve Mercosur Trade Deal

China

The U.S. Federal Communications Commission (FCC) blacklisted all new foreign-made drones and components on Dec. 22, deeming that they pose "an unacceptable risk" to U.S. national security, Reuters reported Dec. 23.

U.S.: FCC Prohibits Approval of All New Foreign-Made Drones 

Indonesia

Indonesian officials said Jakarta and Washington had resolved all substantive issues in bilateral tariff talks and planned to formally sign a trade agreement in late January during a visit by President Prabowo Subianto to meet U.S. President Donald Trump, the South China Morning Post reported Dec. 23. 

Indonesia, U.S.: Jakarta Claims Trade Deal Issues Resolved, Paving Way for January Signing

Ukraine

Russia

Russia-Ukraine Conflict

On Dec. 22, the European Council officially extended the European Union's sanctions against Russia for an additional six months, until July 31, 2026, the institution announced. 

EU: Brussels Extends Sanctions on Russia for Further 6 Months

Taiwan

Taiwanese President William Lai published an opinion piece in the Washington Post on Nov. 26 in which he proposed a $40-billion supplemental defense budget to support U.S. arms procurement and domestic arms production over eight years from 2026-2033, effectively doubling the military's procurement budget, which was $4.28 billion in 2025.

Taiwan: Proposed $40 Billion Arms Budget Could Help Seal U.S. Trade Deal

Assessments

Iran

A woman holds a photo of Ayatollah Ali Khamenei as Iranians protest against attacks on Iran by Israel and the United States on Feb. 28, 2026 in Tehran, Iran. 

Depending on the duration of maritime disruptions in the Strait of Hormuz, the escalating conflict is set to subject European economies to significant energy market volatility.

European Economic Growth Likely To Suffer From Impact of U.S. and Israel-Iran War

U.S.-Iran Relations

Snapshots

Australia

European Union and Australian flags together.

European and Australian negotiators aim to strengthen supply chain resilience and hedge against growing global trade volatility.


The Strategic Logic Behind Revived Australia-EU Free Trade Talks 

Canada

Mexico

Japan

South Korea

Vietnam

U.S. President Donald Trump speaks during a press briefing at the White House on Feb. 20, 2026, after the U.S. Supreme Court ruled against Trump's use of emergency powers to implement international trade tariffs.

The Trump administration will use other trade authorities to replace many of the IEEPA tariffs struck down by the Supreme Court, meaning U.S. trading partners will remain incentivized to engage on trade matters.

What the Supreme Court Tariff Ruling Means for Trump and U.S. Trading Partners

India

U.S. Secretary of State Marco Rubio (right) meets with Indian External Affairs Minister Subrahmanyam Jaishankar at a hotel in New York City on the sidelines of the U.N. General Assembly meeting on Sept. 22, 2025. 

A trade deal could gradually reduce barriers in the tech, industrial and energy sectors, but progress will likely remain constrained by U.S. tariff uncertainty and India's reluctance to make concessions in sensitive sectors like agriculture.

Where Things Stand in U.S.-India Trade Talks

Greenland

Germany

Finland

Denmark

Sweden

United Kingdom

Norway

Netherlands

The HDMS Knud Rasmussen ship of the Danish Navy patrols the waters off of Nuuk, Greenland, on Jan. 20, 2026. 

Trump's threatened tariffs over his bid to acquire Greenland have turned the U.S.-EU trade dispute into a high-stakes geopolitical confrontation, raising the risk of a sustained trade war that would severely strain transatlantic economic ties and NATO cohesion.

Trump's Greenland Tariff Threat Escalates Transatlantic Tensions

Columns

On Geopolitics

U.S. protectionism has dramatically weakened the rules-based, multilateral trade regime established after World War II, driving governments to increasingly view trade through a national security lens rather than purely an economic one.

The Geopolitics of Trade: Conclusion

Venezuela

Chinese Foreign Minister Wang Yi (right) and Venezuelan Foreign Minister Yvan Gil (left) attend a meeting in Beijing on May 12, 2025.

U.S. pressure on the new Venezuelan government will briefly cool China's engagement in Latin America and could renew trade tensions with Washington, though Maduro's removal is unlikely to affect China's calculus regarding Taiwan.

Assessing China's Response to the U.S. Capture of Venezuela's Maduro

U.S.-China Relations

Nigeria

Colombia

Cuba

Israel

Pakistan

Cyber

Social Issues

RANE's Top 10 Risks for 2026 highlights high-impact, low-probability risks and trends from the annual forecast presented in more extreme terms.

RANE's Top 10 Risks for 2026

Sub-Saharan Africa

Middle East and North Africa

Asia-Pacific

Eurasia

South Asia

A NASA satellite image shows the city lights of Europe. 

Israel-Hamas Conflict

In this scorecard, we take a critical look at our hits and misses in forecasting geopolitical events over the past year.

Grading Our 2025 Annual Forecast

Oman

New Zealand

Indian Prime Minister Narendra Modi walks alongside Oman's Deputy Prime Minister for Defence Affairs Sayyid Shihab bin Tariq al-Said upon his arrival in Muscat on Dec. 17, 2025.

New trade pacts offer gains in market access and investment but India's protectionist stance on agriculture and dairy remains an obstacle to deals with the United States and European Union. 


Oman and New Zealand Deals Indicate India's Push To Diversify Trade Partnerships

Uzbekistan

Tajikistan

Turkmenistan

Kazakhstan

Kyrgyzstan

Despite growing interest from Russia, China and Western powers, Central Asia will struggle to emerge as a true continental trade hub due to competing agendas, weak financing and coordination, and security and governance issues.

The Geopolitics of Trade: Central Asia's Struggle for Logistics Sovereignty

Russian President Vladimir Putin and Indian Prime Minister Narendra Modi hold a meeting on the sidelines of the Shanghai Cooperation Organisation (SCO) Summit in Tianjin on Sept. 1, 2025.

While Putin's Dec. 4-5 visit may yield some progress in defense, energy and trade cooperation, India will likely maintain selective engagement with Russia as it navigates U.S. pressure and continues diversifying its arms suppliers.

What To Expect as Putin Visits India

Global Trade

SITUATION REPORTS

EU: Brussels To Present Industrial Accelerator Act With Revisions Expected To Blunt "Made in Europe" Rules

EU, U.S.: European Parliament Freezes EU-U.S. Trade Deal Ratification Amid Renewed Tariff Uncertainty

EU, U.S.: European Parliament Backs Safeguards in EU-U.S. Tariff Deal, Paving Way for Plenary Vote

EU, Mercosur: EU Member States Approve Mercosur Trade Deal

U.S.: FCC Prohibits Approval of All New Foreign-Made Drones

Indonesia, U.S.: Jakarta Claims Trade Deal Issues Resolved, Paving Way for January Signing

EU: Brussels Extends Sanctions on Russia for Further 6 Months

Taiwan: Proposed $40 Billion Arms Budget Could Help Seal U.S. Trade Deal

Forecasts

ANALYSES

SECTIONS

Explore

Subscribe

Help & Support