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Graphic Truth: It Could Be Worse!

French President Emmanuel Macron and UK Prime Minister Theresa May are in dire straits these days. But a look back at support for their predecessors shows that things have been worse. At this point in his presidency, Macron can still look down on the approval ratings of his much-reviled predecessor Francois Hollande, while Ms. May can take solace in the knowledge that she is still more popular two years into the job than the Iron Lady (Margaret Thatcher) herself.

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Mastercard Economic Institute's Outlook 2026 explores the forces redefining global business. Tariffs, technology, and transformation define an adaptive economy for the year ahead. Expect moderate growth amid easing inflation, evolving fiscal policies, and rapid AI adoption, driving productivity. Digital transformation for SMEs and shifts in trade and consumer behavior will shape strategies worldwide. Stay ahead with insights to help navigate complexity and seize emerging opportunities. Learn more here.

US President Donald Trump arrives to announce reciprocal tariffs against US trading partners in the Rose Garden of the White House in Washington, DC, USA, on April 2, 2025.
POOL via CNP/INSTARimages.com

From civil conflicts to trade wars to the rise of new technologies, GZERO runs through the stories that have shaped this year in geopolitics.