International Economy
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European Union-Australia Free Trade Agreement
The European Union and Australia successfully agreed on the final text of a comprehensive free trade agreement in Melbourne. The agreement eliminates over 99% of tariffs on EU exports to Australia while expanding access to critical raw materials.
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U.S. Signals Plan to Remove Iranian Oil Sanctions
The United States has announced its intention to relax sanctions on oil exports from Iran, which represents a major policy shift in its stance towards Iran. This growing pressure is in an effort to stabilize oil supplies.
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Cuba’s Energy Crisis Continues
The Cuban government has attributed the collapse to the US-imposed oil blockade, which has effectively halted energy imports to the country. As of now, Cuba can only domestically produce 40% of the country’s pre-blockade energy demand.
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U.S. Urges Allies to Move to Secure Strait of Hormuz
Iranian attacks on ships and maritime infrastructure have disrupted ships passing through the strait, sending global oil prices above $100 per barrel and raising fears of a major energy shock.
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India Steps Into Global AI Policy
Last week, the India AI Impact Summit 2026 took place in New Delhi, bringing together world leaders, tech CEOs, and researchers to discuss the future of artificial intelligence. It was one of the largest global gatherings on AI ever organized.
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Supreme Court Rules Trump’s Tariffs Unconstitutional
In a 6-3 ruling, the court said that the International Emergency Economic Powers Act’s language did not give President Trump the power to impose tariffs.
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Railway Reborn: The Lobito Corridor
Connecting the Atlantic port of Lobito, Angola, to the Copperbelt mining regions of the Democratic Republic of the Congo (DRC) and Zambia is a railway reborn: The Lobito Corridor.
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Expo 2027 Belgrade: In Light of Serbia’s Instability
Serbia is preparing to host Expo 2027 in Belgrade, its capital. There’s a lot on the line: government corruption allegations, judicial amendments, a modern economy…
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A Debriefing of Davos
The 56th World Economic Forum Summit in Davos, Switzerland concluded on January 19. It marked a reversal from a place of cooperation to coldness…
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The EU and India
European Commission President Ursula von der Leyen and European Council President Antonio Costa will head to New Delhi. They focused on a strategic agenda regarding India and sought cooperation in trade, security, and defense.
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The EU-Mercosur Free Trade Agreement
The EU and Latin America have strengthened ties through the long-awaited trade agreement EU-Mercosur FTA, aimed at boosting both economies and developing resilience against the Trump administration.