The impending full implementation of sweeping U.S. tariffs threatens to significantly disrupt export-driven ASEAN economies, which is driving countries to seek alternative trade partners.

The Israel-Iran conflict is set to evolve into a short war of attrition as Iran pits its degraded missile stocks against Israel's dwindling air defense systems.

Israel and Iran are increasingly likely to expand the scope of their attacks to include targets like each other's political leadership, energy infrastructure and other sensitive targets that would open the door to a wider regional war.

Latin America and the Caribbean will welcome China's increased engagement, but strong ties to the West and China's economic slowdown will limit Beijing's influence in the region.