Canada

Mexico

United States

Economics

Politics

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

South Korea

Vietnam

Energy

Environment, Science & Technology

Military & Security

South Korean President Lee Jae Myung and Vietnamese leader To Lam agreed to expand cooperation on energy security, supply chains and infrastructure during the former's four-day visit to Hanoi, Yonhap News Agency reported on April 22.

South Korea, Vietnam: Countries Deepen Energy and Supply Chain Coordination

Indonesia

Malaysia

Singapore

Indonesia is exploring imposing a levy on ships transiting the Strait of Malacca, arguing that Indonesia should better capitalize on its position astride the major global trade and energy route, citing Iran's proposed tolls in the Strait of Hormuz as precedent, Channel News Asia reported on April 22.

Indonesia, Malaysia, Singapore: Jakarta Floats Fees for Malacca Strait Transit

Brazil

Brazilian President Luiz Inacio Lula da Silva said he could adopt reciprocal measures after the United States expelled a Brazilian federal police attache indirectly involved in the arrest of Brazil's former intelligence chief Alexandre Ramagem by Immigration and Customs Enforcement on April 13, g1 reported on April 21.

Brazil, U.S.: Lula Threatens Reciprocal Measures After U.S. Expels Attache

Iraq

The United States reportedly withheld a shipment of $500 million in cash to Iraq from the Federal Reserve Bank of New York to intensify pressure on Baghdad to disarm Iranian-backed Shiite militias and select a nominee for prime minister suitable to the United States, Reuters reported April 22.

U.S., Iraq: U.S. Suspends Dollar Shipments to Iraqi Central Bank, Pauses Some Security Cooperation

Europe

Ukraine

Russia

Russia-Ukraine Conflict

The Cypriot presidency of the European Union announced that the bloc had approved the long-delayed package of 90 billion euros (about $106 billion) in financial support for Ukraine and had "preliminarily approved" the 20th package of sanctions against Russia, The Guardian reported on April 22.

EU, Russia, Ukraine: EU Approves Money for Ukraine and Sanctions for Russia

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

Kazakhstan

Kazakhstan's Atomic Energy Agency head Almasadam Satkaliyev said Russia will provide an intergovernmental loan covering about 85% of the $15 billion cost of Kazakhstan's first nuclear power plant, Kursiv reported on April 21. 

Kazakhstan, Russia: Russian-Financed Nuclear Project Is Unlikely To Deliver on Time

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

A digital illustration shows the euro currency symbol burning with a blue flame inside a gas stove. 

Brussels' strategy prioritizes temporary relief and coordination over broad market intervention, which will likely result in a fragmented response and sustained price volatility.

EU Outlines Energy Relief and Coordination Measures in Response to Iran-Linked Supply Shock

Snapshots

Romania

Romanian Prime Minister Ilie Bolojan delivers a speech to lawmakers in parliament in Bucharest on June 23, 2025.

The crisis could undermine fiscal consolidation and further empower far-right forces, potentially reversing Romania's EU alignment and harming its economic credibility.

Romania's Latest Political Crisis Threatens Fiscal Reform and EU Alignment

Cuba

A general view of El Capitolio and the Havana skyline on December 16, 2014, in Havana, Cuba.

A recent unannounced U.S. diplomatic visit to Havana bodes well for a deal that reduces tensions, but Washington's ongoing demands for political and economic reforms will sustain the risk of a U.S. military and/or law enforcement operation.

U.S.-Cuba Talks Progress, but Threat of Military Action Still Looms

Egypt

The exterior facade of the new headquarters of Egypt's central bank is seen at the New Administrative Capital megaproject about 45 kilometers east of the current capital, Cairo, on Aug. 1, 2023. 

Egypt will try to avoid submitting to another IMF loan program, which would likely require unpopular austerity and privatization measures. But the escalating economic impact of the Iran war may eventually force its hand.

Iran War Fallout Could Force Egypt to Seek Another Unpopular IMF Bailout

Iran

Lebanon

Bulgaria

Chairman of the Joint Chiefs of Staff Gen. Dan Caine speaks as he displays a map showing the U.S. Navy's blockade of the Strait of Hormuz during a press briefing at the Pentagon on April 16, 2026, in Arlington, Virginia. 

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.-Iran Diplomacy, Political Instability in the Balkans

U.S.-Iran Relations

Satellite imagery shows a broad view of the Strait of Hormuz between southern Iran and Oman's Musandam Peninsula on April 7, 2026.

Pledges to reopen the strait will support U.S.-Iran diplomatic momentum and reduce near-term escalation risks, but shipping activity will recover only gradually amid persistent tensions, with a continued risk of disruption until a durable agreement is reached.

The Operational vs. Diplomatic Impact of the Strait of Hormuz's Nominal Re-Opening

Israel

Afghanistan

Bangladesh

Maldives

India

Nepal

Pakistan

Sri Lanka

A passenger boat sails past the Indian-flagged oil tanker Kashimasan, which is docked near an offloading terminal at Butcher Island (also known as Jawahar Dweep) off the coast of Mumbai, India, on April 1, 2026.

Energy and fertilizer price shocks from the Iran war will increasingly threaten energy supplies, crop yields and economic growth across the region, pressuring governments' foreign exchange reserves and heightening unrest risks.

In South Asia, Iran War Fallout Risks Worsening Economic and Political Instability

Armenia

Russian President Vladimir Putin (center) and Armenian Prime Minister Nikol Pashinyan (left) hold talks at the Kremlin in Moscow on April 1, 2026.

Russia is actively calibrating pressure on Armenia to derail its pro-EU course, as the Iran war temporarily impedes Yerevan's push to reduce its reliance on Russia-linked trade corridors.

Armenia's Push for Autonomy Meets Russian Resistance

IMF officials participate in an economic outlook briefing in Washington, D.C., on April 14, 2026.

The sharp increase in global oil and fertilizer costs will force import-reliant, low-income nations in South Asia and sub-Saharan Africa to choose between fiscal discipline and maintaining social stability.

Iran War Price Shocks Will Hit Low-Income Energy Importers Hardest

Nigeria

The Dangote petroleum refinery plant is seen in Lagos, Nigeria, on April 6, 2026.

Nigeria will enjoy a short-term revenue boost from elevated oil prices, but the potential for renewed instability in the Niger Delta could undermine efforts to increase oil production.

Nigeria's Oil Gains From Iran War Face Old Challenges

Columns

On Geopolitics

The Geopolitics of Natural Resources

Weaponizing raw material exports can provide short-term political leverage, but it often pushes the targeted nations to permanently restructure their trade relationships to reduce dependencies.

The Historical Lessons of Global Commodity Weaponization

Media

Podcasts

An in-depth, forward-looking examination of key risks and trends to watch as the legal, regulatory and compliance landscape continues to evolve.

The Decision Advantage: The Outlook for the Legal, Regulatory and Compliance Landscape

Economics

SITUATION REPORTS

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

South Korea, Vietnam: Countries Deepen Energy and Supply Chain Coordination

Indonesia, Malaysia, Singapore: Jakarta Floats Fees for Malacca Strait Transit

Brazil, U.S.: Lula Threatens Reciprocal Measures After U.S. Expels Attache

U.S., Iraq: U.S. Suspends Dollar Shipments to Iraqi Central Bank, Pauses Some Security Cooperation

EU, Russia, Ukraine: EU Approves Money for Ukraine and Sanctions for Russia

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

Kazakhstan, Russia: Russian-Financed Nuclear Project Is Unlikely To Deliver on Time

Forecasts

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