Will North America try to revive USMCA—or finally bury it?

Will North America try to revive USMCA—or finally bury it?

It is virtually certain that the trade agreement between the U.S., Canada, and Mexico (USMCA) negotiated in President Donald Trump’s first term will not be renewed by the deadline of June 30. And indeed, just this morning, Trump confirmed that he would not be reauthorizing the agreement before the July 1 deadline. Such slippage might … Read more

Putin denies economic stagnation after 4 years of war

Putin denies economic stagnation after 4 years of war

Given the uneven course of the Russian economy during the first five months of 2026, Russian authorities, especially President Vladimir Putin, were keen to minimize the impacts of any possible stagnation at the 29th St. Petersburg International Economic Forum. When asked by a reporter about Russia’s stagnating economy, Putin avoided a detailed response and paraphrased … Read more