<p>To the west of Eurasia lays Europe, a region predisposed to division. It is surrounded on nearly all sides by islands and peninsulas that make it difficult for Europe to cohere. The northern half of the continent, moreover, sits on a plain whose short, meandering rivers tend to empower countries without forcing them to work with others. The southern half is situated on more mountainous terrain that has historically impeded the creation of strong, unified economies. As a result, Europe is a continent riven by pockets of distinct cultures whose differences are all too often irreconcilable.</p>

Europe is a continent riven by pockets of distinct cultures whose differences are all too often irreconcilable.

Europe

Belize

Andorra

Bosnia and Herzegovina

Czech Republic

Denmark

Estonia

Finland

France

Germany

Greece

Holy See

Latvia

Liechtenstein

Lithuania

Luxembourg

Malta

North Macedonia

San Marino

Sweden

United Kingdom

Bulgaria

Portugal

Serbia

Croatia

Poland

Romania

Cyprus

Norway

Austria

Slovakia

Albania

Slovenia

Netherlands

Switzerland

Spain

Montenegro

Monaco

Italy

Ireland

Iceland

Hungary

Kosovo

Beyond Quantitative Easing

The Ukraine Conflict

The Politics of Pipelines

EU: Regional Blocs

Divided EU Foreign Policies

Brexit

The Fate of the Eurozone

Banking

Crossing Borders

Globalization

European Disintegration

Echoes of the Cold War

The Fight for Russia’s Borderlands

Assessments

United States

Euro banknotes lie atop U.S. dollar banknotes.

Economics

Global Trade

Politics

The dollar's depreciation against the euro will likely persist due to U.S. trade and fiscal policy uncertainty, which will hurt European exports but also reduce the risk of destabilizing U.S. financial policies.

Making Sense of Dollar Weakness and Euro Strength

Australia

China

Ukraine

Russia

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.

Military & Security

Russia-Ukraine Conflict

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

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

Snapshots

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

Georgia

Georgian anti-government demonstrators attempt to block a highway entrance to the capital Tbilisi on Feb. 2, 2025

The government's efforts to suppress the opposition risk roiling its relations with the West, triggering more mass protests, and potentially enabling Russia to expand its influence in Georgia.

Georgia's Crackdown on Dissent Risks Drawing It Closer to Russia and Alienating the West

A newly installed sign pointing to Schengen transfer flights is pictured next to EU and Romanian flags on March 31, 2024. 

Poland's move to reimpose border checks to curb irregular migration from Germany and Lithuania highlights a greater trend that risks entrenching uncertainty for businesses and travelers in the EU's passport-free area.

New Polish Border Controls Bring Europe's Schengen Area Back Into Question

Brazil

Iran

Israel

Israel-Hamas Conflict

The Weekly Rundown: Netanyahu's U.S. Visit, a Franco-British Summit

U.S.-Iran Relations

Sub-Saharan Africa

Americas

Middle East and North Africa

Asia-Pacific

Eurasia

South Asia

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

Japan

India

A photo taken in Tehran, Iran, on June 26, 2025, shows an Iranian political banner hanging near the remains of a residential building struck by an Israeli attack. 

The Weekly Rundown: Fragile Iran-Israel Ceasefire Holds, U.S. Tariff Deadline Approaches

Media

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

U.S.-China Relations

French Prime Minister Francois Bayrou speaks during a press conference at a hotel in Paris on June 24, 2025. 

The collapse of negotiations over potential changes to President Macron's controversial pensions reform will increase the risk of more no-confidence votes against the government, budgetary deadlock and another early election.

In France, the Collapse of Pension Reform Talks Risks Worsening Political Instability

Cyber

The British government sanctioned 18 people across three units of Russia's GRU military intelligence agency who are accused of conducting cyber and hybrid warfare operations targeting the United Kingdom and Ukraine, Bloomberg reported on July 18.

U.K., Russia: British Government Sanctions Russian Spies Over Hybrid Warfare

Senegal

France completed the handover of its two remaining military facilities in Senegal to Senegalese authorities, Le Monde reported on July 17.

Senegal: France Completes Handover of Military Facilities 

Energy

EU member states approved the bloc's 18th sanctions package against Russia, introducing a revised dynamic oil price cap, expanded banking restrictions, sanctions on the Nord Stream gas pipelines and curbs on imports of oil products refined from Russian crude, Reuters reported on July 17.

EU, Russia: EU Approves 18th Sanctions Package Against Russia

The European Union is offering the United States a tit-for-tat tariff reduction on vehicles that would see the United States reduce its 25% tariff on European cars to 17.5% in exchange for the European Union reducing its tariffs on U.S. cars to 0%, the Financial Times reported on July 17.

U.S., EU: Brussels To Propose Tit-for-Tat Tariff Reduction on Auto Sector

Georgian Prime Minister Irakli Kobakhidze dismissed a request by the European Union to implement institutional reforms and said that "If it comes down to peace and stability or visa-free travel [with the EU], we will certainly prioritize peace and stability," JAMnews reported on July 17.

Georgia: Government Rejects EU Calls for Institutional Reforms, Accuses Brussels of Blackmail

German Chancellor Friedrich Merz and British Prime Minister Keir Starmer signed a landmark bilateral agreement in London designed to deepen cooperation on defense, trade and migration, according to a joint press release on July 17.

U.K., Germany: London and Berlin Sign Bilateral Defense and Security Pact

The European Commission unveiled a proposal for a 1.98 trillion euro ($2.31 trillion) EU budget for 2028-34 on July 16, a press release shows.

EU: European Commission Proposes Larger, Reformed EU Multi-Year Budget

Moldova

On   July 15, the Council of the European Union added seven people and three organizations to its Moldova‑focused sanctions list.

Moldova: EU Sanctions Individuals and Organizations Accused of Destabilizing Country

Europe

SITUATION REPORTS

U.K., Russia: British Government Sanctions Russian Spies Over Hybrid Warfare

Senegal: France Completes Handover of Military Facilities

EU, Russia: EU Approves 18th Sanctions Package Against Russia

U.S., EU: Brussels To Propose Tit-for-Tat Tariff Reduction on Auto Sector

Georgia: Government Rejects EU Calls for Institutional Reforms, Accuses Brussels of Blackmail

U.K., Germany: London and Berlin Sign Bilateral Defense and Security Pact

EU: European Commission Proposes Larger, Reformed EU Multi-Year Budget

Moldova: EU Sanctions Individuals and Organizations Accused of Destabilizing Country

Forecasts

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