Geopolitical Insights

We no longer have the luxury of viewing the world from a linear perspective. The compounding effects of global events and the speed at which they occur produce exponential shifts in market dynamics.

Through our Situation Reports (SITREP), Academy’s Geopolitical team responds to potentially market-moving developments with a quick and to the point report that reflects immediate reactions and thoughts from some of the foremost experts on each subject. As events unfold and a deeper story emerges, these reports are later supplemented by our more in-depth Around the World reports and podcasts.

Headline Geopolitical News

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Academy SITREP – President Yoon is Impeached in South Korea

What has Happened: On Saturday, President Yoon of South Korea was impeached by the National Assembly, and now the Constitutional Court has up to 180 days to determine whether to reinstate him or officially remove him from office. Yoon’s presidential powers and duties were suspended and Prime Minister Han Duck-soo, the country’s number two official, ... Academy SITREP – President Yoon is Impeached in South Korea

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Additional Articles

2024

Academy SITREP – Assad’s Regime in Syria Comes to an End

December 8, 2024 What has Happened: Earlier today, President Assad resigned and left Syria after rebels opposed to his rule stormed across the country in a fast-moving offensive. Over the past few days, Syrian government forces desperately tried to reinforce their lines of defense after rebel victories in cities north and south of the capital of Damascus started ... Academy SITREP – Assad’s Regime in Syria Comes to an End

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Academy SITREP – Civil War in Syria Reignites as Rebel Forces Seize Aleppo

December 2, 2024 What has Happened: The civil war in Syria, which started more than a decade ago, took a significant turn over the weekend when rebels, including many with the U.S.-designated terrorist group Hayat Tahrir al-Sham (HTS), took control of the major city of Aleppo in northern Syria. HTS, previously known as the Nusra Front (which broke ... Academy SITREP – Civil War in Syria Reignites as Rebel Forces Seize Aleppo

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Academy SITREP – Biden Authorizes Ukraine to Use Long-Range U.S. Weapons in Russia

November 17, 2024 What has Happened: This afternoon, for the first time, President Biden authorized Ukraine to use U.S.-supplied long-range missiles for strikes inside of Russia. The weapons will likely be used against Russian and North Korean troops around Kursk as these forces prepare a massive counterattack against Ukrainian forces in the region. Allowing the Ukrainians to finally ... Academy SITREP – Biden Authorizes Ukraine to Use Long-Range U.S. Weapons in Russia

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Academy SITREP – Israel Commences Retaliatory Strikes on Iran

October 26, 2024 What has Happened: This evening, Israel launched its highly anticipated retaliatory strikes against Iran in response to the ballistic missile attack on Israel earlier this month. The initial attack hit military targets such as a barracks and a weapons depot near Tehran and was followed up by a second round of strikes. Iranian news has ... Academy SITREP – Israel Commences Retaliatory Strikes on Iran

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Academy SITREP – Israel Kills Sinwar in Gaza

October 17, 2024 What has Happened: Earlier today, it was reported that the Israel Defense Forces (IDF) had killed Hamas leader Yahya Sinwar during an operation in Gaza. Sinwar has been the leader of Hamas operations in Gaza since 2017, and he is believed to be the key architect of the October 7, 2023 attack on Israel. Sinwar, ... Academy SITREP – Israel Kills Sinwar in Gaza

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Academy SITREP – North Korea Sends Troops to Help Russia in Ukraine

October 16, 2024 What has Happened: While North Korea began supplying munitions to Russia for use in its war in Ukraine over a year ago, there are now reports that the regime has sent troops as well. A small number of North Korean personnel have been in a training role with the Russian military and some of them ... Academy SITREP – North Korea Sends Troops to Help Russia in Ukraine

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Academy SITREP – Iran Launches Ballistic Missile Attack Against Israel

October 1, 2024 What has Happened: After the U.S. picked up indications that Iran was preparing to fire ballistic missiles at Israel this morning, Iran moved forward with the attack this afternoon by launching over a hundred ballistic missiles at targets in Israel (though initially there were no known reports of major injuries or fatalities). This action from ... Academy SITREP – Iran Launches Ballistic Missile Attack Against Israel

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Academy SITREP – Israel Begins Ground Operations in Southern Lebanon

September 30, 2024 What has Happened: Israel has commenced “limited” ground operations targeting Hezbollah military infrastructure close to the Israel-Lebanon border. According to the IDF, the initial targets were “located in villages close to the border and posed an immediate threat to Israeli communities in northern Israel.” Over the weekend, it was reported that Israel had launched raids ... Academy SITREP – Israel Begins Ground Operations in Southern Lebanon

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Academy SITREP – Israel Kills Hezbollah Leader Nasrallah in Strike Near Beirut

September 28, 2024 What has Happened: Yesterday, Israel targeted Hezbollah leader Hassan Nasrallah in a massive airstrike south of Beirut. Israeli forces destroyed several residential buildings, which is reportedly where Hezbollah’s underground central headquarters was located. The attack followed two weeks of complex intelligence operations, targeted killings of other Hezbollah leaders, and heavy aerial bombardments of southern Lebanon ... Academy SITREP – Israel Kills Hezbollah Leader Nasrallah in Strike Near Beirut

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Academy SITREP – Israel Targets Hezbollah Wireless Communications Devices in Lebanon and Syria

September 18, 2024 What has Happened: Yesterday, at least 12 people were killed and at least 2,800 were wounded in an Israeli attack that saw thousands of pagers used by Hezbollah in Lebanon and Syria explode almost simultaneously. Today, at least nine people were killed and more than 300 were injured, after walkie-talkies detonated in a second wave ... Academy SITREP – Israel Targets Hezbollah Wireless Communications Devices in Lebanon and Syria

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Academy SITREP – Iran Sends Ballistic Missiles to Russia

September 12, 2024 What has Happened: Iran recently sent short-range ballistic missiles to Russia for use in its war in Ukraine following a deal that was in the works for over a year. The Fath-360 is a satellite-guided ballistic missile with a range of 75 miles and is carried by a truck. Secretary Blinken said that this move ... Academy SITREP – Iran Sends Ballistic Missiles to Russia

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Academy SITREP – Israel Conducts Preemptive Strike Against Hezbollah to Thwart Larger Attack

August 25, 2024 What has Happened: Early this morning, the IDF struck over 40 targets in Lebanon destroying thousands of rockets/launchers with about 100 jet fighters after it detected that Hezbollah was preparing for a major attack against northern and central Israel. Following the pre-emptive strikes, Hezbollah fired over 300 rockets and drones into northern Israel targeting military ... Academy SITREP – Israel Conducts Preemptive Strike Against Hezbollah to Thwart Larger Attack

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Academy SITREP – Ukraine Continues its Cross-Border Assault into Russia

August 12, 2024 What has Happened: Last week, Ukraine launched a major ground assault with troops, tanks, and Stryker armored fighting vehicles into Russia, in what is the largest incursion into the country since the invasion of Ukraine began in February 2022. Military analysts said the attack could be an attempt to divert Russian units from the front ... Academy SITREP – Ukraine Continues its Cross-Border Assault into Russia

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Academy SITREP – Iranian Attack on Israel Imminent

August 5, 2024 What has Happened: Today, President Biden will convene his national security team in the situation room as the U.S. believes that an Iranian attack on Israel is imminent, possibly in the next 24-48 hours. The expectation is high for a retaliatory attack on Israel following last week’s back-to-back assassinations of Hezbollah military chief Fuad Shukr ... Academy SITREP – Iranian Attack on Israel Imminent

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Academy SITREP – Hamas Political Leader Ismail Haniyeh Killed in Tehran

July 31, 2024 What has Happened: Earlier this morning, the head of Hamas’ political bureau, Ismail Haniyeh, and his Iranian bodyguard were killed in an Israeli strike on his house in Tehran. Haniyeh, who was based in Qatar, had been visiting Iran for the inauguration of the new Iranian president Masoud Pezeshkian that was held yesterday. Iran’s supreme ... Academy SITREP – Hamas Political Leader Ismail Haniyeh Killed in Tehran

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Academy SITREP – Protests in Venezuela After Maduro Claims Victory

July 30, 2024 What has Happened: On Sunday July 28th, Venezuela held their widely anticipated presidential election. Yesterday, the National Electoral Council, loyal to Maduro’s ruling party, declared that Maduro was the winner with 51% of the votes. However, opposition candidate González and opposition leader Marina Corina Machado, who was barred from running in the election, told supporters ... Academy SITREP – Protests in Venezuela After Maduro Claims Victory

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Academy SITREP – Chinese and Russian Bombers Intercepted Off Alaskan Coast

July 25, 2024 What has Happened: Last evening, two Russian TU-95 Bear and two Chinese H-6 bombers flew into the Alaska Air Defense Identification Zone (ADIZ) in international airspace near the Alaskan coast. These warplanes were intercepted by U.S. and Canadian fighters and marked the first time ever that strategic bombers from both Russia and China operated together ... Academy SITREP – Chinese and Russian Bombers Intercepted Off Alaskan Coast

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Academy SITREP – Iran Elects a Reformist President

July 8, 2024 What has Happened: Over the weekend, it was announced that reformist candidate Masoud Pezeshkian won the runoff presidential election in Iran, beating hardliner Saeed Jalili, a former nuclear negotiator. Pezeshkian, a 69-year-old cardiac surgeon and member of Iran’s Parliament who also served as its First Deputy Speaker from 2016 to 2020, will replace Ebrahim Raisi ... Academy SITREP – Iran Elects a Reformist President

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Academy SITREP – Putin to Visit Kim in North Korea

June 17, 2024 What has Happened: Today it was announced that Russian President Vladimir Putin will visit North Korea and meet with its leader Kim Jong-un during an official state visit beginning on Tuesday. This visit, which will be Putin’s first to North Korea in 24 years, is a follow-up to the September 2023 trip when Kim travelled ... Academy SITREP – Putin to Visit Kim in North Korea

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Academy SITREP – Russia Conducts Naval and Air Exercises in the Caribbean

June 12, 2024 What has Happened: Three Russian naval vessels and a nuclear-powered submarine are expected to arrive in Havana, Cuba today to conduct joint sea and air exercises with Cuba and Venezuela. The deployment to the Caribbean is likely a show of strength as tensions remain high with the U.S. over the war in Ukraine, but it ... Academy SITREP – Russia Conducts Naval and Air Exercises in the Caribbean

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Academy SITREP – Ukraine Uses U.S. Weapons Inside of Russia

June 3, 2024 What has Happened: As we addressed in our May ATW, Ukraine has been asking for permission to use offensive weapons supplied by the U.S. and E.U. nations against targets inside of Russia. Earlier last week, French President Emmanuel Macron and German Chancellor Olaf Scholz stated that weapons supplied by those nations should be allowed for ... Academy SITREP – Ukraine Uses U.S. Weapons Inside of Russia

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Academy SITREP – Iranian President Raisi Dies in Helicopter Crash

May 20, 2024 What has Happened: Yesterday, a helicopter carrying Iranian President Raisi crashed while he was visiting a region in northern Iran. After a 12-hour search, it was confirmed by Iranian state media earlier this morning that nine people including President Raisi and Iran’s foreign minister, Hossein Amir-Abdollahian, were killed in the crash. Reportedly, at least 40 ... Academy SITREP – Iranian President Raisi Dies in Helicopter Crash

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Academy SITREP – Israel Moves Forward with Rafah Operation

May 6, 2024 What has Happened: As we addressed in our April ATW, the Israeli operation to clear Hamas from Rafah and eradicate its ability to further threaten Israel appears to be imminent. Earlier today, Israel ordered the immediate evacuation of tens of thousands of civilians in the area. This order was preceded by a Hamas rocket attack ... Academy SITREP – Israel Moves Forward with Rafah Operation

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Academy SITREP – Israel Launches Attack in Iran

April 19, 2024 What has Happened: This evening, Israel conducted a limited attack in Iran using drones (possibly instead of missiles). Multiple explosions were reported near an Iranian military installation in Isfahan, site of a nuclear facility and where fighter jets are based. This is the anticipated Israeli retaliation following the Iranian missile and drone attack last weekend. ... Academy SITREP – Israel Launches Attack in Iran

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Academy SITREP – Israeli Options for Retaliation Against Iran

April 15, 2024 What has Happened: As a follow-up to our SITREPs on Friday and over the weekend covering the Iranian drone/missile attack, Israel has several options regarding how it can respond at a time and place of its choosing. While Israel would prefer to respond to the attack on Saturday to reinforce the concept of deterrence, there ... Academy SITREP – Israeli Options for Retaliation Against Iran

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Academy SITREP – Iran Launches Drone and Missile Attack on Israel

April 13, 2024 What has Happened: This evening, Iran commenced a retaliatory attack on Israel by launching more than 100 drones as well as missiles targeting Israeli government sites. This attack appears to be in line with Iranian doctrine involving “swarm tactics” in an effort to overwhelm Israel’s anti-air defenses. Israeli forces are attempting to intercept the drones/missiles ... Academy SITREP – Iran Launches Drone and Missile Attack on Israel

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Academy SITREP – Iran Seizes Israeli-Linked Container Ship Near Strait of Hormuz

April 13, 2024 What has Happened: Earlier today, IRGC forces (via helicopter) boarded and seized an Israeli-linked container ship and its 25 crew members near the Strait of Hormuz, then directed it into Iranian waters. The vessel is the Portuguese-flagged MSC Aries, which is associated with London-based Zodiac Maritime (part of Israeli billionaire Eyal Ofer’s Zodiac Group). This ... Academy SITREP – Iran Seizes Israeli-Linked Container Ship Near Strait of Hormuz

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Academy SITREP – Israel Prepares for Imminent Iranian Retaliatory Strike

April 12, 2024 What has Happened: As we have reported in our previous two SITREPs, Iran had vowed to strike back against Israel following the April 1st airstrike that killed several people including General Mohammad Reza Zahedi, who was in charge of Iranian paramilitary operations in Syria and Lebanon. Israel and the U.S. are on high alert for ... Academy SITREP – Israel Prepares for Imminent Iranian Retaliatory Strike

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Academy SITREP – Iran Prepares to Retaliate for Israeli Strike in Damascus

April 6, 2024 What has Happened: In our last SITREP, we addressed the April 1st Israeli strike on the Iranian diplomatic facility in Damascus that killed Mohammad Reza Zahedi, a senior commander of the Quds Force in the Iranian Revolutionary Guard Corps (IRGC). At the funeral on Friday, the IRGC commander General Hossein Salami said that Israel “cannot ... Academy SITREP – Iran Prepares to Retaliate for Israeli Strike in Damascus

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Academy SITREP – Israeli Airstrike on Iranian Consulate in Syria Kills IRGC Commander

April 1, 2024 What has Happened: Earlier today, Israeli warplanes destroyed the Iranian consulate in Damascus, killing six people including Mohammad Reza Zahedi, a senior commander of the Quds Force in the Iranian Revolutionary Guard Corps (IRGC). General Zahedi was responsible for covert military operations in Syria and Lebanon, and he is among the most senior Iranian commanders ... Academy SITREP – Israeli Airstrike on Iranian Consulate in Syria Kills IRGC Commander

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Academy SITREP – Urgent Cyber Threat of Volt Typhoon

March 25, 2024 What has Happened: As a follow-up to our recent T-Report, last week, the Cybersecurity and Infrastructure Security Agency (CISA) warned of the “urgent risk” posed by Chinese state-sponsored threat actors against critical infrastructure and urged senior leadership to take defensive actions. The fact sheet warns critical infrastructure organizations of the risk posed by Volt Typhoon ... Academy SITREP – Urgent Cyber Threat of Volt Typhoon

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Academy SITREP – Terrorist Attack in Moscow

March 23, 2024 What has Happened: Earlier today, multiple gunmen opened fire at a concert hall just outside Moscow killing at least 40 people and wounding over 100. The incident took place about two weeks after the U.S. Embassy in Moscow warned that an attack (from ISIS-K) could be imminent, and it strongly advised American citizens to avoid ... Academy SITREP – Terrorist Attack in Moscow

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Academy SITREP – Houthi Attack on Commercial Vessel Kills Two Crew Members

March 6, 2024 What has Happened: Earlier today, a missile attack by Houthi rebels in the Gulf of Aden killed two crew members, injured six others, and forced the survivors to abandon ship. This attack on the Liberian-owned, Barbados-flagged bulk carrier named True Confidence is the first fatal attack since the Houthis began their assault on commercial shipping ... Academy SITREP – Houthi Attack on Commercial Vessel Kills Two Crew Members

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Academy SITREP – Russian Opposition Leader Navalny Dies in Prison

February 16, 2024 What has Happened: Earlier today, it was announced that Alexei Navalny, who was an outspoken critic of President Putin, died in a Russian Arctic Circle maximum-security prison. Navalny, who had been behind bars since he returned to Russia in 2021, had been serving a 30-year sentence when he supposedly felt sick and lost consciousness. While ... Academy SITREP – Russian Opposition Leader Navalny Dies in Prison

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Academy SITREP – Venezuela Deploys Military Forces to Guyana’s Border

February 10, 2024 What has Happened: Venezuela has begun to move additional military forces to the border with Guyana including light tanks, missile-equipped patrol boats, and armored personnel carriers. This is seen by many to be a significant escalation in the situation that began in early December after Venezuela voted to annex the territory of its oil-rich neighbor ... Academy SITREP – Venezuela Deploys Military Forces to Guyana’s Border

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Academy SITREP – U.S. Drone Strike in Iraq Kills Iranian-Backed Militia Commander

February 8, 2024 What has Happened: Last evening, a U.S. drone strike in Iraq killed a commander of the Iran-backed Iraqi militia that the U.S. said was responsible for the attack that killed three American service members (and injured over 40) at a base in Jordan late last month. The Pentagon reported that the target was a commander ... Academy SITREP – U.S. Drone Strike in Iraq Kills Iranian-Backed Militia Commander

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Academy SITREP – U.S. Commences Retaliatory Strikes on Iran’s Islamic Revolutionary Guard Corps and Affiliated Groups in Syria and Iraq

February 2, 2024 What has Happened: A short time ago, the U.S. conducted strikes in Syria and Iraq in retaliation for the deadly attack that killed three U.S. troops on a U.S. base in Jordan last weekend. Dozens of other American troops were wounded in the drone attack on the Tower 22 base near Jordan’s border with Iraq ... Academy SITREP – U.S. Commences Retaliatory Strikes on Iran’s Islamic Revolutionary Guard Corps and Affiliated Groups in Syria and Iraq

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Academy SITREP – Three U.S. Troops Killed in Drone Attack in Jordan

January 28, 2024 What has Happened: Earlier today, U.S. Central Command reported that three U.S. service members were killed, and twenty-five personnel were injured, in a drone attack (attributed to Iran-backed militia) on a base in northeast Jordan. This attack marks the first time that U.S. military personnel have been killed by hostile fire since the war between ... Academy SITREP – Three U.S. Troops Killed in Drone Attack in Jordan

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Academy SITREP – Iran and Pakistan Exchange Strikes

January 18, 2024 What has Happened: Earlier today, Pakistan conducted strikes inside Iran against separatist hideouts, a day or so after Iranian forces launched an attack on what they claimed were militant camps in Pakistan. Pakistan attacked at least seven locations used by separatists from the Baloch ethnic group about 30 miles inside of the border with air ... Academy SITREP – Iran and Pakistan Exchange Strikes

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Academy SITREP – U.S.-Led Coalition Launches Strikes on Multiple Houthi Targets in Yemen

January 11, 2024 What has Happened: A U.S.-led coalition launched more than a dozen strikes on Houthi rebel targets in Yemen late today. Targets in the strike included drone and missile launch sites used by the Houthis as well as radar installations. On Tuesday, the Houthis defied an ultimatum to halt their attacks on ships in the Red ... Academy SITREP – U.S.-Led Coalition Launches Strikes on Multiple Houthi Targets in Yemen

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Academy SITREP – U.S. Drone Strike Kills Iran-Backed Militia Leader in Baghdad

January 5, 2024 What has Happened: Yesterday, a U.S. drone strike in Baghdad killed Mushtaq Taleb al-Saidi, who was deputy head of operations for the Popular Mobilization Force (PMF), a network of Iran-backed militia groups. Since the war between Israel and Hamas began on October 7th, there have been over 100 attacks on U.S. and allied forces in ... Academy SITREP – U.S. Drone Strike Kills Iran-Backed Militia Leader in Baghdad

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Academy SITREP – Iran Sends Warship to Red Sea

January 2, 2024 What has Happened: As we anticipated in our most recent ATW, tensions with Iranian-backed proxy forces (and risks to shipping) in the region have significantly increased. Last evening, it was reported that the Iranian warship Alborz entered the Red Sea through the Bab-el-Mandeb Strait. On Sunday, U.S. Navy helicopters from the USS Eisenhower Carrier Strike ... Academy SITREP – Iran Sends Warship to Red Sea

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