Turkey

Kazakhstan

Economics

Energy

Politics

Kazakh President Kassym-Jomart Tokayev and Turkish President Recep Tayyip Erdogan co-chaired the fifth High-Level Strategic Cooperation Council in Ankara, which produced 20 intergovernmental agreements covering a variety of sectors, Kazinform reported on July 30.

Kazakhstan: Tokayev-Erdogan Summit Revives Strategic Ties, Anchors Oil and Transit Cooperation

United States

India

In a post on Truth Social, U.S. President Donald Trump announced plans to impose a 25% tariff on India beginning Aug. 1, and he indicated that an additional penalty could follow due to India's defense and energy purchases from Russia, the Financial Times reported on July 30.

U.S., India: Trump Announces 25% U.S. Tariff on Indian Goods Starting Aug. 1

Somalia

Israel

Palestinian Territories

Military & Security

Somalia's breakaway region of Somaliland offered the United States access to a military base in its territory as well as critical mineral deals in exchange for recognition of its independence, Bloomberg reported on July 30. 

Somalia, U.S.: Somaliland Offers Access to Military Base, Mineral Deals in Return for U.S. Recognition

Europe

Eighteen EU member states - including Belgium, Finland, France, Italy, Poland, Romania, Spain and the three Baltic States - have applied for funding under the bloc's new Security Action for Europe (SAFE) loan facility to support defense investments and joint procurement across the bloc, the European Commission announced on July 30.

EU: 18 Member States Apply for Funding Under Joint Defense Procurement Scheme

China

At a summit with U.S. officials in Sweden, China's top trade negotiator said China and the United States had agreed to extend their 90-day tariff exemption period -- due to expire on Aug. 12 -- though he did not say by how long, Reuters reported on July 29. 

U.S., China: Sweden Talks Yield Extended Tariff Relief

U.S.-China Relations

South Africa

Taiwan

Environment, Science & Technology

Taiwan's Ministry of Foreign Affairs said it was considering restricting the sale of semiconductors to South Africa after the South African government unilaterally renamed the island's two representative offices in Cape Town and Johannesburg as "Taipen Commercial Offices," Focus Taiwan reported on July 29.

South Africa: Taiwan Mulls Semiconductor Restrictions Amid Renaming of Diplomatic Missions

Germany

Belgium

Slovenia

Netherlands

Spain

Hungary

The European Commission proposed suspending Israel's participation in the Horizon Research fund due to human rights concerns associated with Israel's ongoing military operations in the Gaza Strip, Reuters reported on July 28.

EU, Israel: EU Proposes Suspending Israeli Participation in Research Fund

The German government is set to approve its 2026 draft budget on July 30, outlining 520.5 billion euros ($607 billion) in spending and record borrowing of 174.3 billion euros ($203 billion) -- up from 50.5 billion euros in 2024 -- alongside a medium-term financial framework extending through 2029, Reuters reported on July 28. 

Germany: Berlin to Propose Increased Investment, Borrowing and Defense Spending in 2026 Budget Plan

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

Brazil

Brazilian President Luiz Inacio Lula da Silva speaks during a press conference at the BRICS summit in Rio de Janeiro, Brazil, on July 7, 2025. 

Global Trade

While most of Brazil's main exports are exempt, the additional U.S. tariffs -- along with Brazil's impending economic retaliation and the likely arrest of former President Bolsonaro -- will further strain bilateral ties.

The Implications of Trump's New Tariffs on Brazil

Iran

Iraq

Iraq and Turkey's flags together on a textile cloth fabric 

Turkey is repositioning itself in Iraq by replacing its security-heavy posture with a push for economic and energy integration, signaling Ankara's long-term ambitions to become a regional power broker as U.S. and Iranian influence wanes.

Turkey Shifts Iraq Strategy Amid Waning U.S. and Iranian Influence

Snapshots

The EU flag is seen on stacked cargo containers.

The framework deal avoids an escalation of tit-for-tat tariffs that would have strained both economies, but various unresolved issues could still reignite transatlantic trade tensions in the future.

New U.S.-EU Deal Averts Full-Blown Trade War -- For Now

Canada

Mexico

Cambodia

Japan

South Korea

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. 

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

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

Australia

Australian Prime Minister Anthony Albanese speaks during a luncheon at Parliament House in Canberra on June 17, 2024. 

The Australian prime minister's efforts to stabilize relations with Beijing will yield short-term economic benefits, but rising regional security concerns will ultimately limit long-term engagement.

The Challenges Facing Albanese's Bid to Reset China-Australia Relations

A photo taken on Feb. 21, 2025, shows Subaru vehicles bound for shipment at a port in Yokohama, Japan. 

The deal is a win for Japan's economy and its ruling party, but it may hasten Prime Minister Ishiba's exit. It will also help South Korea and Taiwan secure their own U.S. trade deals.

U.S. Trade Deal Is a Mixed Victory for Japan, a Template for Regional Partners

Egypt

Egyptian Prime Minister Mostafa Madbouly (center right) meets with Chinese Premier Li Qiang (center left) in Cairo on July 10, 2025.

In the coming years, Egypt will deepen its economic ties with China via increased trade and investment, while simultaneously maintaining its military alliance with the U.S. to address regional security concerns.

Egypt Navigates Its Needs for Chinese Investment and U.S. Military Support

A worker positions a robotic underwater vehicle that can be remotely operated to harvest mineral deposits in the deep ocean, after conducting tests in a lake in Collingwood, Ontario, on May 1, 2025.

Recent U.S. actions will likely accelerate commercial seabed mining operations in certain resource-rich waters around the world, despite international regulatory hurdles and ongoing environmental concerns.

Deep-Sea Mining: Opportunities, Risks and the Path to Commercial Extraction

Flags of EU countries are seen outside the European Parliament building in Brussels, Belgium, on April 5, 2025.

The proposed budget prioritizes competitiveness, defense and strategic autonomy, but it will face significant internal resistance regarding revenue sources, spending cuts and greater centralization.

Reviewing the 2028-2034 EU Budget: New Priorities and Anticipated Pushback

Philippines

 The European Union and China will hold a high-level leaders' summit July 24 in Beijing, marking the 50th anniversary of Chinese-EU diplomatic relations.

The Weekly Rundown: An EU-China Summit, South Africa's Budget Vote

Euro banknotes lie atop U.S. dollar banknotes.

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

Indonesia

Containers are unloaded from a ship at a terminal of Tanjung Priok Port, the main seaport in Jakarta, Indonesia, on Jan. 24, 2025. 

In exchange for a lower U.S. tariff rate, Indonesia accepted significant concessions, including purchasing commitments and regulatory changes, that risk limiting its long-term autonomy and industrial policy goals.

To Avoid Steeper Tariffs, Indonesia Reaches High-Stakes Trade Deal With the U.S.

Economics

SITUATION REPORTS

Kazakhstan: Tokayev-Erdogan Summit Revives Strategic Ties, Anchors Oil and Transit Cooperation

U.S., India: Trump Announces 25% U.S. Tariff on Indian Goods Starting Aug. 1

Somalia, U.S.: Somaliland Offers Access to Military Base, Mineral Deals in Return for U.S. Recognition

EU: 18 Member States Apply for Funding Under Joint Defense Procurement Scheme

U.S., China: Sweden Talks Yield Extended Tariff Relief

South Africa: Taiwan Mulls Semiconductor Restrictions Amid Renaming of Diplomatic Missions

EU, Israel: EU Proposes Suspending Israeli Participation in Research Fund

Germany: Berlin to Propose Increased Investment, Borrowing and Defense Spending in 2026 Budget Plan

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