Central banks have become major strategic players in international economic balances. Faced with systemic crises (2008, Covid-19), the major central banks have developed unprecedented coordination of their interventions, fostering the emergence of the “Jackson Hole consensus.”

The state election in Baden-Wuerttemberg in March 2026 will be the first major test of public opinion for Chancellor Friedrich Merz's federal government. At the same time, Baden-Wuerttemberg is one of the federal states that—as an important location for the German automotive industry and its suppliers—is particularly affected by the transformation policy driven by climate change and the international conflict constellation.

Critical Raw Material (CRM) value chains are more vulnerable than ever and entire vital industries in Europe are now at risk if supplies are not secured through strategic and urgent actions, given mounting geopolitical confrontation, resource nationalism, growing demand and limited supply increase.

The partnership between the European Union (EU) and India has long been limited to economic exchanges. Its political dimension has gradually developed, culminating in its elevation to the status of a “strategic partnership” in 2004. However, the failure of negotiations for a free-trade agreement in 2013 slowed this momentum. Since the early 2020s, in an uncertain geopolitical context, bilateral rapprochement has gained new momentum.

The Zeitenwende (historic turning point) announced by Olaf Scholz on February 27, 2022, is shifting into high gear. Financially supported by the March 2025 reform of Germany’s “debt break” and backed by a broad political and societal consensus to strengthen and modernize the Bundeswehr, Germany's military capabilities are set to rapidly increase over the coming years. Expected to assume a central role in the defense of the European continent in the context of changing transatlantic relations, Berlin’s military-political position on the continent is being radically transformed. 

The Soviet Union (USSR), and subsequently the Russian Federation as its internationally recognized legal successor, has consistently sought to play a visible role in efforts to resolve the Israeli-Palestinian conflict.

Donald Trump’s return to the White House reintroduced acute uncertainty into the security commitment of the United States (U.S.) to Taiwan. Unlike President Joe Biden, who repeatedly stated the determination to defend Taiwan, President Trump refrains from commenting on the hypothetical U.S. response in the context of a cross-Strait crisis.

This report maps out the evolution of key technologies that have emerged or developed in the last 4 years of the war in Ukraine. Its goal is to derive the lessons the North Atlantic Treaty Organization (NATO) could learn to strengthen its defensive capabilities and prepare for modern war, which is large-scale and conventional in nature.