Europe

Armenia

Belarus

Kazakhstan

Russia

Kyrgyzstan

Economics

Energy

Politics

Leaders of Belarus, Kazakhstan, Kyrgyzstan and Russia issued a joint statement calling for Armenia to hold a referendum on whether to pursue EU membership or remain in the Eurasian Economic Union, and asking their governments to report by December on the possible consequences of suspending the EAEU treaty's application to Armenia, TASS reported on May 29.

Armenia: EAEU Leaders Threaten To Review Armenia's Membership Amid EU Bid

China

European commissioners met to discuss measures aimed at shielding EU industries from a surge in subsidized Chinese imports and securing alternative supplies of critical minerals and key inputs to reduce reliance on Beijing, the European Commission said in a May 29 statement.

EU, China: European Commissioners Weigh Tougher Trade Defenses Against China

Hungary

Hungarian Prime Minister Peter Magyar and European Commission President Ursula von der Leyen announced an agreement in Brussels, Belgium, on May 29 to unlock 16.4 billion euros ($19.1 billion) in EU post-pandemic recovery and cohesion funds for Hungary that had been frozen under the previous government.

Hungary, EU: Hungary Strikes Deal With Brussels To Unlock Billions in Frozen EU Funds

Russian President Vladimir Putin's state visit to Astana on May 27-28 produced a joint declaration on the "seven foundations" of friendship and good-neighborliness between Kazakhstan and Russia and a package of bilateral agreements, including accords on a $16.5 billion nuclear power plant and Russian export-credit financing for 85% of the project, Qazinform reported on May 28.

Kazakhstan, Russia: Putin Visit Highlights Kazakh Export Risks Despite Bilateral Pageantry

United States

Iran

Military & Security

U.S. and Iranian negotiators reached a memorandum of understanding to extend their ceasefire and begin negotiations on Iran's nuclear program, although U.S. President Donald Trump and Iranian leadership must still approve the draft, Axios reported on May 28, citing U.S. officials.

U.S., Iran: Negotiators Reportedly Reach Draft MoU Amid Clashes

U.S.-Iran Relations

During a Cabinet meeting with U.S. President Donald Trump to discuss the Iran conflict, U.S. Secretary of State Marco Rubio said the United States preferred a diplomatic resolution and that there had been some progress in negotiations, AP reported on May 27.

U.S., Iran: Trump Meets With Cabinet To Discuss Iran War

Indonesia

France

Indonesian President Prabowo Subianto arrived in France for a state visit that Indonesia's foreign ministry said would conclude with the two countries upgrading ties to a comprehensive strategic partnership, the Jakarta Globe reported on May 27.

France, Indonesia: Paris, Jakarta Likely To Upgrade Ties

Senegal

Senegal's National Assembly overwhelmingly elected former Prime Minister Ousmane Sonko as speaker of parliament with 132 of 133 votes cast after reinstating him as a member of parliament, days after his dismissal from government, Bloomberg reported on May 26.

Senegal: Dismissed PM Sonko Appointed Speaker of Parliament, Worsening Political Tensions

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.

Sub-Saharan Africa

Americas

Asia-Pacific

Eurasia

Middle East and North Africa

South Asia

Beyond Quantitative Easing

The New Silk Road

The Fate of the Eurozone

South America: Split Decisions on Trade

Banking

Commodities: A Cautionary Tale

Social Issues

European Disintegration

Russia's Internal Struggle

China in Transition

A Japanese Awakening

East African Integration

Assessments

Colombia

Supporters of Colombian presidential candidate Ivan Cepeda wave flags ahead of his closing campaign rally in Barranquilla, Colombia, on May 24, 2026.

A left-wing victory would portend increased social spending and policy gridlock, a far-right win would portend austerity and decree-based governance, and a center-right win would foster market-friendly policies and stability.

Colombia's Presidential Election: Potential Outcomes and Their Implications

Global Elections

Ukraine

Technicians work at the main blast furnace at the Zaporizhstal Iron and Steel Works on Feb. 12, 2024 in Zaporizhzhia, Ukraine.

Russia-Ukraine Conflict

Part two of this report examines how either a comprehensive peace agreement or a severe escalation of the war would affect Ukraine's investment climate.



Scenarios for the Future of Foreign Investment in Ukraine, Part 2

Ethiopia

Ethiopian Prime Minister Abiy Ahmed delivers remarks during the official inauguration ceremony of the Grand Ethiopian Renaissance Dam in Guba on Sept. 9, 2025.

Prime Minister Abiy will likely be reelected without sustained unrest, but escalating tensions in Tigray could still fuel a worsening security crisis in the Amhara and/or Oromia regions in a less-likely, higher-impact scenario.

Previewing Ethiopia's General Elections

An employee assembles a long-range drone in a workshop of the Fire Point company, which manufactures FP-1 deep-strike drones and FP-2 strike drones, Jan. 29 in an undisclosed location in Ukraine.

This two-part report outlines how the trajectory of the war with Russia will act as the ultimate determinant of capital allocation and economic recovery in Ukraine.

Scenarios for the Future of Foreign Investment in Ukraine, Part 1

Argentina

Bolivia

Chile

Environment, Science & Technology

Global Trade

The Geopolitics of Natural Resources

Argentina, Bolivia and Chile are poised to benefit from the expected rise in lithium demand in the coming years, but they are unlikely to see a substantial surge in wealth without a more monumental market change.

The Outlook for the Lithium Triangle Amid the Global Energy Transition, Part 2

Argentina, Bolivia and Chile have had varying degrees of success in developing their lithium production capacity, with Chile achieving the greatest success of the three, and Bolivia lagging behind.

The Outlook for the Lithium Triangle Amid the Global Energy Transition, Part 1

Israel

Lebanon

Japan

Philippines

India

A cargo ship anchored May 16 in the Strait of Hormuz near Larak Island, Iran. Major gaps in negotiations over the Strait of Hormuz and Iran's nuclear program persist, and the U.S.-Iran ceasefire will remain fragile over the next week.

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

The Weekly Rundown: Rubio Visits India, a Fragile U.S.-Iran Ceasefire

Cuba

Acting U.S. Attorney General Todd Blanche (center) speaks during a news conference announcing the indictment of former Cuban president Raul Castro, at the Freedom Tower in Miami, Florida, on May 20, 2026.

Recent U.S. escalations against Cuba are creating a pretext for kinetic action, most likely a targeted operation to capture key officials, though an airstrike campaign and/or a ground deployment also remain possible.

Assessing the Potential for U.S. Military Action in Cuba

Greenland

Denmark

U.S. special envoy to Greenland, Republican Louisiana Governor Jeff Landry (center right), and Greenlandic mason and Trump supporter Jorgen Boassen (center left) are pictured in Nuuk, Greenland, on May 20, 2026, on the sidelines of the Future Greenland business fair. 

Ongoing talks with Greenland and Denmark will likely yield a deal that meets most U.S. objectives without requiring formal annexation, though a broader transatlantic crisis remains possible if negotiations collapse.

Can the U.S. Reach a Compromise on Greenland That Averts a Transatlantic Crisis?

Snapshots

The Japanese flag flies outside the Bank of Japan (BoJ) headquarters in central Tokyo on March 19, 2024. 

Monetary tightening will increase government interest payments and fiscal deficits, but the impact on debt dynamics and defense spending will remain manageable, provided the central bank avoids large-scale government bond sales.

How Will Rising Interest Rates Impact Japan's Debt Outlook?

Palestinian Territories

Germany

United Kingdom

Slovenia

Spain

Ireland

The EU and Israeli flags in March 2024 in central Berlin's Rotes Rathaus. Although the European Union has sanctioned extremist Israeli settlers, deep-seated internal divisions and a reliance on Israeli defense systems will likely prevent the bloc from imposing comprehensive trade restrictions.

Israel-Hamas Conflict

Although the European Union has sanctioned extremist Israeli settlers, deep-seated internal divisions and a reliance on Israeli defense systems will likely prevent the bloc from imposing comprehensive trade restrictions.

Targeted EU Sanctions on Israeli Settlers Unlikely To Broaden Into Wider Restrictions 

A view taken on Dec. 13, 2023, shows pumping units at the grounds of a fuel tank farm of Russia's oil pipeline giant Transneft.

The intensifying drone strikes are unlikely to trigger an oil sector crisis or alter Moscow's war calculus, but they will financially drain Russian oil companies, even as high prices buoy the Kremlin's revenues.

Assessing the Impact of Ukrainian Strikes on Russia's Oil Sector

Economics

SITUATION REPORTS

Armenia: EAEU Leaders Threaten To Review Armenia's Membership Amid EU Bid

EU, China: European Commissioners Weigh Tougher Trade Defenses Against China

Hungary, EU: Hungary Strikes Deal With Brussels To Unlock Billions in Frozen EU Funds

Kazakhstan, Russia: Putin Visit Highlights Kazakh Export Risks Despite Bilateral Pageantry

U.S., Iran: Negotiators Reportedly Reach Draft MoU Amid Clashes

U.S., Iran: Trump Meets With Cabinet To Discuss Iran War

France, Indonesia: Paris, Jakarta Likely To Upgrade Ties

Senegal: Dismissed PM Sonko Appointed Speaker of Parliament, Worsening Political Tensions

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