A I GEOPOLITIK I GEOPOLITICS

After the War on Ukraine, Russia Became the Second Largest Defense Spender Percentage of GDP spent on military by top ten largest defense spenders

The Kremlin had a plan. The day after the invasion, Putin signed an amendment to Federal Law No. 29-FZ, compelling those Russian lenders authorized to work on defense contracts, to issue what the legislation called “preferential” loans to war-related contractors.

Shrinking Share Chinese exports of goods to the US, as a share of China’s GDP

Trump Tariffs Push Up Average Rate Average US levies highest since World War II era

Where US Tariff Income Is Coming From In June, China accounted for nearly 30% of all US calculated duties

Money Is Flowing Into Emerging-Market Debt Funds Again

US Growth Outlook Hasn't Recovered From 'Liberation Day' Forecasts for GDP in Bloomberg economist surveys

US Tariffs Already Highest in Decades Before New Deadline Average US tariff rate

Investment Forecasts Are Lower After Trump's Tariffs Expected growth rate of fixed capital investment in 2026 for G7 countries

Trump’s Tariffs Drive Europe to Rethink Its China Trade Relationship

“It is already clear that it will not be easy,” Herman Gref, chief executive officer of state-owned Sberbank, Russia’s largest lender, said of the prospects for the next year at the annual shareholders meeting last month, because loan portfolio quality is deteriorating with companies increasingly needing to restructure their debts. “I hope, as always, we will be able to find joint plans to get through these difficult times,” he added.