The monthly macro outlook video: January 2026

Global tensions are rising fast. How will Venezuela’s upheaval and new US tariff threats reshape markets? Discover the key geopolitical shifts driving 2026 in our latest video.

Author

Lizzy Galbraith

Senior Political Economist

Image show title 'Macroeconomic outlook' on background of economic data

ระยะเวลา: 5 นาที

วันที่: 21 ม.ค. 2569

The new year was never expected to be calm — but few anticipated just how quickly the geopolitical landscape would shift.

From a dramatic power shake up in Venezuela to rising tensions between the US and Europe over Greenland, the opening weeks of 2026 have delivered a series of developments that could shape the global economy for years to come.

Lizzy Galbraith explains:

Why Venezuela is suddenly back in focus, and how the US-led intervention could influence the world’s largest oil reserves.
What the new US foreign policy direction may mean, from elections across Latin America to strategic control of critical infrastructure.
How Greenland became a geopolitical pressure point, sparking new tariff threats from Washington.
What rising global tensions could mean for markets, including energy prices, trade flows and defence spending.

Watch the video for more details.

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