European Union (EU)
Anything is possible when Belarus’ long-serving president steps aside, including a repeat of the Ukraine crisis.
Iran nuclear deal stakeholders are scrambling to evade or circumvent looming US sanctions, but there’s one major hurdle they must clear: the US financial system.
The Italian government is going all-in against Brussels, and this is a fight it believes it can win.
One of the enduring legacies of the Trump presidency might be how allies and enemies alike came together to dismantle the US monopoly on global financial transactions.
It's not Moscow, but the new government in Rome that might be turning off the TAP and dooming the Trans-Adriatic Pipeline project.
Italy’s coalition conflict is over, but Rome’s external conflict with bond markets and the EU is only just beginning.
Early indications suggest that the austerity of Finance Minister Giovanni Tria has been eclipsed by spending initiatives from Italy’s anti-establishment coalition parties, sending yield rates for 10-year Italian bonds back toward 3%.
Sweden’s far-right might sneak into the Riksdag via the back door, Brexit gut-check time in the United Kingdom, and new hope for US-Turkey relations.
The demise of Prime Minister May’s Chequers plan increases the odds of a hard Brexit.
There’s no relief in sight for the long-suffering Russian economy, which is now faced with new sanctions and a renewed currency plunge.