Artemis II and the New Geopolitics of the Moon

On April 1st, 2026, four astronauts left low Earth orbit for the first time in more than half a century. The mission was officially scientific, but the political signal it sent was a lot more interesting. The mission The Artemis II flight lasted ten days and took four North American astronauts on a free-return trajectory […]

Belt and Road Initiative debt: defaults and the Renminbi

Belt and Road Initiative debt: defaults and the Renminbi

The BRI at a crossroads Belt and Road Initiative debt has become one of the defining fault lines in 21st-century geopolitics. When China launched the BRI in 2013, the ambition was clear. It aimed to replicate the ancient Silk Road — financing infrastructure that would bind Asia, Africa, and Europe into a single commercial network, […]

CIPS vs SWIFT: the battle for global financial infrastructure

CIPS vs SWIFT: the battle for global financial infrastructure

Why CIPS vs SWIFT defines the future of financial power Behind every international wire transfer, trade invoice, and central bank operation lies a messaging infrastructure invisible to markets yet structurally decisive for geopolitical power. SWIFT — the Society for Worldwide Interbank Financial Telecommunication — has performed that function since 1973. China’s Cross-Border Interbank Payment System (CIPS), launched […]

US, China and the petro-dollar system

US, China and the petro-dollar system

US, China and the petrodollar system sit at the intersection of geopolitics and financial power — a never-ending story that defines the global power scenario of the 21st century. Financial superiority has become an increasingly decisive realm of this contest. If we take a snapshot of the current state of the two currencies — dollar […]

How Sudan’s civil war became a regional power contest 

How Sudan’s civil war became a regional power contest is a critical development that the international community can no longer afford to ignore. What began in April 2023 as a localized power struggle has transformed into a high-stakes geopolitical battlefield. Consequently, Sudan is now a “forgotten war” where massive global consequences are unfolding in silence. […]

From grain to fertilizer: the new geopolitics of agriculture

As the 2026 sowing season commences, the blockade of the Strait of Hormuz has transformed the agricultural input market into a battlefield of resource nationalism. Consequently, food security no longer represents a simple trade metric ; it functions as a strategic military lever. The global squeeze: a two-front war on calories Geopolitics has finally collided […]

The geopolitical risk premium: pricing tension

Markets do not wait for disruption to become visible before they start pricing it. In energy, finance, and cross-border investment, markets often absorb part of the cost of instability in advance through expectations. This forward-looking element is the geopolitical risk premium: the extra return, spread, or price adjustment that markets demand when political tension raises the perceived […]

Doing business in Russia: market resilience & geopolitical risks

Introduction: a Market transformed Doing business in Russia has become one of the most contested strategic questions in international commerce. Since 2022, geopolitical tensions, sanctions, and economic fragmentation have fundamentally altered operating conditions for foreign companies. Many have been forced to reconsider whether — and how — they can remain active in the market. And yet, […]

Shipping & choke points: geography as risk

Globalization is often described as a world of seamless flows. Goods move, capital circulates, and supply chains stretch across continents. Yet global trade is far less fluid than it appears. In practice, much of it still depends on a small number of narrow maritime passages, where geography compresses movement into a few vulnerable corridors. There may […]

Geopolitics of fossil fuels: energy transition and new global crisis

Geopolitics of Fossil Fuels: Energy Transition and New Global Crisis

In an increasingly unstable global context, fossil fuels continue to play a crucial role in global geopolitics. This is one of the key points that emerged during the seminar held by Pier Paolo Raimondi, Research Fellow at EUI and Senior Research Fellow at IAI, dedicated to the geopolitics of fossil fuels, with its trends, players […]