The 21st edition of this annual report marks the second half of a turbulent decade. The report analyses global risks through three timeframes to support decision makers in balancing current crises and longer-term priorities. It explores the range of implications of these risks and their interconnections, through six in-depth analyses of selected themes.

The index measures resources and influence to rank the relative power of states in Asia. It ranks 27 countries and territories in terms of their capacity to shape their external environment. This report contains in-depth analysis of the 2025 edition, providing insight into the changing power distribution in Asia and its geopolitical consequences.

The United Nations (UN) Charter is an international treaty that is binding on all 193 member states. The current geopolitical environment and major power competition is challenging the UN Security Council (UNSC) as it struggles to uphold its obligations under the UN Charter. This paper outlines shifting alliances, reform, UNSC resolutions and UN challenges.

Australia faces increasing threats from natural disasters, pandemics and geopolitical tensions, necessitating robust preparedness mechanisms. This report recommends a road map of immediate, near-term and longer-term initiatives that the Australian Government should embrace. The report outlines building an effective national preparedness system, and the capabilities and capacities needed for it, using Finland as an exemplar.

This brief examines China's statements on foreign policy issues in the six months to mid-May 2025. It covers trade restrictions between China and the US; Taiwan’s reunification with China; tensions between the US and Europe; and the Russia-Ukraine War.