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Russia-Ukraine Conflict

U.S. President Donald Trump announced that he would give Russia 10-12 days to reach a ceasefire with Ukraine, shortening the initial 50-day deadline he issued on July 14, Bloomberg reported on July 28.

Russia, Ukraine: Trump Compresses Ceasefire Ultimatum Deadline, Signals Pivot to Economic Coercion

Negotiators from Russia and Ukraine met in Istanbul, Turkey, for their third round of direct talks, during which envoys agreed to exchange captured and deceased people, though there are conflicting reports about precise numbers, Bloomberg reported on July 23.

Russia, Ukraine: Envoys Meet for Third Time but Make Little Progress

The third meeting between Russia and Ukraine will occur "at the end of this week," Russia's TASS agency reported on July 21, citing an undisclosed source. 

Russia, Ukraine: Third Round of Negotiations Expected the Week of July 21

Kremlin spokesperson Dmitry Peskov said Russia "continues to analyze" U.S. President Donald Trump's threat to impose a 100% tariff on countries purchasing Russian oil unless Moscow agrees to a peace deal with Kyiv by early September, Reuters reported on July 17.

Russia, Ukraine: Russia 'Continues To Analyze' Trump's Sanctions Threat

Russian Deputy Foreign Minister Sergei Ryabkov said Moscow was ready to negotiate with the White House to end the war in Ukraine, but he added that Moscow would not respond well to ultimatums, The Guardian reported on July 15.

Russia, U.S.: Russia Says It Is Willing To Negotiate Peace, but Rejects 'Ultimatums'

North Korea

Environment, Science & Technology

Russian Foreign Minister Sergey Lavrov met with North Korean leader Kim Jong Un and received a public pledge of "unconditional support" for Russia's actions in Ukraine, Yonhap reported on July 13.

North Korea, Russia: Lavrov Secures Pyongyang's Open-Ended Support for Ukraine War

U.S. President Donald Trump said the United States would send "really massive numbers of military equipment, both for air defence, but also missiles, ammunition" to Ukraine, paid for by Ukraine's European allies, The Guardian reported on July 14.

U.S., Ukraine: U.S. To Send 'Massive' Numbers of Military Equipment to Ukraine

Speaking to reporters on July 7, U.S. President Donald Trump said his administration would send "more weapons" to Ukraine and that he was "disappointed" in Russian President Vladimir Putin, Politico reported the same day.

U.S., Ukraine: Trump Pledges More Weapons Deliveries to Ukraine, but Details Scant

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U.S. President Donald Trump speaks during a meeting with Philippine President Ferdinand Marcos Jr. in the Oval Office of the White House on July 22, 2025. 

Global Trade

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

The Weekly Rundown: Last-Minute U.S. Trade Talks, a New Polish President

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A view in Rostock, Germany, of the first exit of warships for the NATO exercise BALTOPS in the Baltic Sea on June 5, 2025. 

In response to Russian aggression, NATO is seeking to establish strategic control over the Baltic Sea via rearmament and more assertive posturing, creating an environment where the risk of miscalculation grows exponentially.

Baltic on the Brink: The New Flashpoint in Europe's Confrontation With Russia

A protester holds a Ukrainian flag in downtown Kyiv on July 22, 2025, during a demonstration calling for President Volodymyr Zelensky to veto a law that reduces the powers of Ukraine's anti-corruption agencies.

A new law placing Ukraine's two anti-corruption agencies under executive control raises the risk of further protests that could destabilize Zelensky's government and undermine its war effort.

In Ukraine, a Controversial Law Fuels Protests and Corruption Concerns

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U.S. President Donald Trump on April 24 in the Oval Office at the White House in Washington. In an interview July 10, U.S. President Donald Trump suggested he would "have a major statement to make on Russia on Monday," perhaps representing a shift in his administration's policy.

The Weekly Rundown: Trump Speaks on Ukraine, Sweeping EU Budget Reform

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A Ukrainian soldier works on an AN/TWQ-1 Avenger anti-aircraft missile system on Nov. 28, 2023, in Kyiv, Ukraine. 

Despite Trump's impatience with Russia's failure to de-escalate in Ukraine, the White House is highly unlikely to dramatically ramp up pressure in a way that significantly alters the Kremlin's calculus.

What Trump's Growing Frustration With Russia Means for U.S. Policy

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U.K. Prime Minister Keir Starmer (L) and French President Emmanuel Macron hold a press conference on July 10, 2025, in London.

The series of agreements will deepen cooperation between Europe's two nuclear powers at a time of strategic flux and institutional fragmentation across the Continent.

New U.K.-France Defense Deals Mark a Step Toward a European Nuclear Deterrent

A Ukrainian soldier works on an Avenger AN/TWQ-1 anti-aircraft missile system on Nov. 28, 2023, in Kyiv, Ukraine.

Without new supplies of U.S. Patriot interceptors and precision-guided munitions, Ukraine will struggle to defend against Russia's escalating aerial attacks, which could eventually force it into an unfavorable peace deal.

Ukraine Grapples With a Freeze on U.S. Weapons Deliveries

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The third quarter of 2025 will be defined by disruptive trade policies fueling supply chain volatility and the persistent risk of escalation in major conflicts.

2025 Third-Quarter Forecast: An Excerpt

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Forecast Webcast

Join our analysts for this webcast recording exploring key topics identified in RANE's 2025 Third-Quarter Forecast.

2025 Third-Quarter Forecast Webcast

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The entrance of the building where the 2025 NATO summit will be held is seen in The Hague, the Netherlands, on June 22, 2025.

The June 24-25 summit will likely yield a political agreement on higher defense spending and highlight Europe's move toward greater defense autonomy, though structural and financial limitations will make it hard to maintain this shift over time. 

Previewing the 2025 NATO Summit

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Israeli air defense systems are activated to intercept Iranian missiles over the Israeli city of Tel Aviv early on June 18, 2025. 

The Weekly Rundown: Israel-Iran Conflict Rages On, NATO Holds Annual Summit

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Rescue teams work at damaged buildings in Nobonyad Square following Israeli airstrikes on June 13, 2025, in Tehran, Iran. 

The Weekly Rundown: G7 Leaders' Summit, More Israeli Attacks on Iran

Russia-Ukraine Conflict

SITUATION REPORTS

Russia, Ukraine: Trump Compresses Ceasefire Ultimatum Deadline, Signals Pivot to Economic Coercion

Russia, Ukraine: Envoys Meet for Third Time but Make Little Progress

Russia, Ukraine: Third Round of Negotiations Expected the Week of July 21

Russia, Ukraine: Russia 'Continues To Analyze' Trump's Sanctions Threat

Russia, U.S.: Russia Says It Is Willing To Negotiate Peace, but Rejects 'Ultimatums'

North Korea, Russia: Lavrov Secures Pyongyang's Open-Ended Support for Ukraine War

U.S., Ukraine: U.S. To Send 'Massive' Numbers of Military Equipment to Ukraine

U.S., Ukraine: Trump Pledges More Weapons Deliveries to Ukraine, but Details Scant

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