Mexico

United States

Economics

The Mexican government announced an update to its Plan Mexico industrial policy, aiming to fast-track permits for projects worth more than $110 million, El Economista reported on May 4. 

Mexico: Government To Fast-Track Permitting in Update to Industrial Policy

Military & Security

Politics

The U.S. Justice Department charged the governor of Mexico's Sinaloa state, ‌Ruben Rocha, and nine other government officials for their alleged connections to the Sinaloa cartel, La Jornada reported on April 29.

U.S. Mexico: U.S. Indicts Sinaloa Governor and Government Officials for Drug Trafficking and Cartel Ties

Canada

Canadian Chief Trade Negotiator to the United States Janice Charette said she does not expect to renew the U.S.-Mexico-Canada Agreement, or USMCA, before the July 1 deadline, The Wall Street Journal reported on April 21.

U.S., Canada: Chief Canadian Negotiator Does Not Expect To Renew USMCA Before July 1

U.S. Trade Representative Jamieson Greer visited Mexico to meet with Mexican President Claudia Sheinbaum and Mexican Economy Secretary Marcelo Ebrard, with the governments agreeing to hold the first bilateral negotiations for the U.S.-Mexico-Canada Agreement trade pact review the week of May 25 in Mexico City, Bloomberg reported on April 20.

Mexico, U.S.: Officials Meet in Preparation for USMCA Review

China

China announced that it had the right to retaliate against Mexico's barriers to Chinese goods and investments, although it has not announced any countermeasures, El Economista reported on March 25.

Mexico, China: Beijing Says It Has the Right To Retaliate Against Mexico Over Tariffs

Mexico's Economy Minister Marcelo Ebrard posted on X that he met with U.S. Trade Representative Jamieson Greer on March 18 for the first in-person meeting about the U.S.-Mexico-Canada Agreement (USMCA) review.

U.S., Mexico, Canada: USMCA Review To Fuel Uncertainty, Result in Ad Hoc Changes

Mexico's Chamber of Deputies rejected President Claudia Sheinbaum's proposed electoral reform on ‌March 11, La Jornada reported the same day.

Mexico: Legislators Reject Electoral Reform in Government's First Congressional Defeat

Shootings, arson attacks and blockades by the Cartel de Jalisco Nueva Generacion, or CJNG, in response to the Feb. 22 operation that resulted in the death of the group's leader, Nemesio Oseguera "El Mencho," have declined substantially as of Feb. 27, BorderReport reported the same day.

Mexico: Violence Declines Following Surge After Death of Cartel Leader 

Media

Cuba

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Iran

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United Arab Emirates

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Forecast Webcast

Energy

U.S.-Iran Relations

Join our analysts for this webcast recording exploring key topics identified in RANE's 2026 Second-Quarter Geopolitical Forecast.

2026 Second-Quarter Forecast Webcast

Snapshots

A burned car is seen on a highway near Acatlan de Juarez, Jalisco state, Mexico, on Feb. 22, 2026. The car was allegedly set on fire by organized crime groups in response to the killing of Nemesio Oseguera "El Mencho," the top leader of the Jalisco New Generation Cartel (CJNG).

The killing of the Jalisco New Generation Cartel's notorious leader will initially improve U.S.-Mexico ties, but the likely surge in cartel violence will pose long-term risks to businesses and eventually renew pressure for U.S. military action in Mexico.

What a Cartel Leader's Killing Means for Mexico's Security and U.S. Relations

Japan

South Korea

Vietnam

Europe

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.

Global Trade

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

Assessments

American Airlines planes sit on the tarmac at Jose Marti International Airport in Havana on Feb. 9, 2026. 

Facing imminent economic collapse and the loss of key allies, the Cuban government will likely yield to U.S. demands for market liberalization to avoid a total breakdown of state authority while attempting to preserve political control.

Economic Concessions to U.S. Offer Path for Regime Survival in Cuba

Nigeria

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Greenland

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Science & Technology

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

A 3D rendering of the Canadian, U.S. and Mexican flags.

The White House is expected to utilize threats of scrapping the trilateral pact in favor of bilateral agreements as a high-stakes negotiating tactic, creating a period of intense business uncertainty and market volatility.

The Outlook for USMCA Renegotiation in 2026

Belize

Dominican Republic

Ecuador

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Guatemala

Haiti

Honduras

Bahamas

Trinidad and Tobago

Jamaica

A U.S. Marine V-22 Osprey takes off from Jose Aponte de la Torre Airport, formerly Roosevelt Roads Naval Station, on Sept. 13, 2025, in Ceiba, Puerto Rico. 

The Trump administration will likely expand its attacks against alleged drug traffickers in the region over the next year, potentially extending to land-based targets, which will create safety, operational and compliance challenges for organizations.

The Outlook for U.S. Strikes on Drug Traffickers in Latin America and the Caribbean

France

Portugal

Spain

Italy

An anti-tourism protest in June in Barcelona, Spain. Anti-tourism sentiment is certain to grow in major tourist destinations, though it will be unevenly distributed globally, particularly as the tourism sector could face potential challenges in the future.

Anti-tourism sentiment is certain to grow in major tourist destinations, though it will be unevenly distributed globally, particularly as the tourism sector could face potential challenges in the future.

The Causes and Implications of the Rise in Anti-Tourism Sentiment

North Korea

Helicopters fly in the sky during a rehearsal for a military parade Aug. 24 in Beijing.

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

The Weekly Rundown: An SCO Summit, Rubio Closes Security Deals With Mexico and Ecuador

Columns

On Security

DEA New York special agent in charge speaks to the press in New York City on Feb. 28, 2025, after the former leader of a brutal Mexican cartel, Rafael Caro Quintero, described by the White House as the world's ''most evil'' drug boss, pleaded not guilty to narcotics charges in New York.

Despite the political and diplomatic risks, Trump is more likely than not to launch some direct operations against Mexican cartels before he leaves office, potentially ranging from light and sporadic U.S. drone strikes to more extensive ground operations.

The Outlook for Trump's 'War' on Mexican Cartels

Cambodia

Thailand

A Cambodian soldier stands on a truck with a rocket launcher in Cambodia's Oddar Meanchey province, which borders Thailand, on July 25, 2025. 

The Weekly Rundown: U.S. Tariff Deadline Passes, Thai-Cambodian Border Tensions Persist

Argentina

Bolivia

Brazil

Chile

Costa Rica

Guyana

Nicaragua

Panama

Paraguay

Peru

Suriname

Uruguay

(L-R) Colombian Foreign Minister Laura Sarabia, Chinese Foreign Minister Wang Yi and Honduran Foreign Minister Eduardo Enrique Reina attend a plenary session of the China-CELAC ministerial meeting at the Great Hall of the People on May 13, 2025, in Beijing, China. 

Latin America and the Caribbean will welcome China's increased engagement, but strong ties to the West and China's economic slowdown will limit Beijing's influence in the region.

Despite Stronger Trade Ties, China's Influence in Latin America Will Remain Limited

Mexico is defined by dramatic geographic features that have shaped the country's politics. Forming the southern portion of North America, Mexico borders the tropical Central American isthmus, a broad band that defines Mexico's northern border with the United States. To the east and west, the Sierra Madre Occidental and the Sierra Madre Oriental dominate the Pacific and the Caribbean coasts, forming highlands that cradle of the modern heart of Mexico. The desolate Baja California peninsula shields approaches from the western sea. To the east, the tropical limestone outcropping named the Yucatán peninsula dominates entry from the Caribbean into the Gulf of Mexico. Mexico's central valley, which includes Mexico City and the adjacent Veracruz region, form Mexico's core.     To control Mexico City is to control Mexico, and the greatest conventional threats to Mexico City have traditionally come from the deepwater Port city of Veracruz. Since the 16th century, Spain, France and the United States &mdash; not to mention numerous mutinous factions of the Mexican military &mdash; have used Veracruz to threaten and even conquer what is now Mexico City. Mexico's mountains and frontier territories are traditional hotbeds of unrest. From the rebels of Chihuahua to the drug kingpins of Tierra Caliente and Sinaloa, the historical and ongoing challenge for Mexico is to subdue and incorporate far-flung, geographically-isolated communities. The modern expression of this struggle can be seen in today's war with drug trafficking organizations, but it is a pattern that has been repeated throughout history and has been shaped by Mexico's physical geography. 

SITUATION REPORTS

Mexico: Government To Fast-Track Permitting in Update to Industrial Policy

U.S. Mexico: U.S. Indicts Sinaloa Governor and Government Officials for Drug Trafficking and Cartel Ties

U.S., Canada: Chief Canadian Negotiator Does Not Expect To Renew USMCA Before July 1

Mexico, U.S.: Officials Meet in Preparation for USMCA Review

Mexico, China: Beijing Says It Has the Right To Retaliate Against Mexico Over Tariffs

U.S., Mexico, Canada: USMCA Review To Fuel Uncertainty, Result in Ad Hoc Changes

Mexico: Legislators Reject Electoral Reform in Government's First Congressional Defeat

Mexico: Violence Declines Following Surge After Death of Cartel Leader

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