Economy
Japan’s Political Economy in Q3, 2026
Japan’s political economy is contending with a convergence of pressures in the second half of 2026: record-high fiscal demands, a sovereign bond market under strain not seen in three decades, persistently weak household consumption and a diplomatic balancing act between Washington and Beijing. Each of these dynamics is unfolding simultaneously, and together they define the...
USA Secures Majority Control Of Venezuela’s Oil
The United States of America (hereinafter: USA) announced on 29 August 2026 that they had entered a Venezuela oil “deal” granting majority control of more than 65 billion barrels of the South American nation’s proven petroleum reserves. The agreement, described by USA officials as structured through a partnership with private business, is projected to bring...
SCO Summit Bishkek: Xi, Putin and Modi to Meet
The leaders of China, Russia and India are scheduled to attend the SCO summit Bishkek gathering on 31 August and 1 September, as the Shanghai Cooperation Organisation (hereinafter: SCO) marks the 25th anniversary of its founding. Chinese President Xi Jinping, Russian President Vladimir Putin and Indian Prime Minister Narendra Modi will be among the heads...
USA National Debt Exceeds $40 Trillion
The United States of America’s (hereinafter: USA) gross national debt surpassed $40 trillion (approximately €34,4 trillion) for the first time on Tuesday, 19 August 2026, according to Finance Ministry’s latest public debt statement, which recorded total public debt outstanding at $40.047 trillion (The Japan Times). The negative milestone arrived ahead of earlier official forecasts and...
The Free Trade Agreement: How It Functions and What It Does
A free trade agreement (hereinafter: FTA) is a treaty between two or more parties that reduces or removes barriers to commerce between them while leaving each party free to set its own trade policy towards everyone else. Several hundred such agreements are now in force, and the great majority of world commerce takes place between...
EAEU Summit in Kyrgyzstan
Prime ministers of the Eurasian Economic Union (hereinafter: EAEU) member states convened at Lake Issyk-Kul in Kyrgyzstan for the EAEU summit in Kyrgyzstan, bringing together senior officials to review trade, investment and integration priorities. The session of the Eurasian Intergovernmental Council ran in a narrow format, meaning only heads of delegation and a restricted number...
