These sources provide a comprehensive update on global political and economic developments as of mid-February 2026. In the United States, a partial government shutdown has paralyzed the Department of Homeland Security due to intense partisan disputes over immigration enforcement and agent accountability. Concurrently, the Munich Security Conference highlights a growing rift in the transatlantic alliance, with European leaders calling for greater strategic independence. Global instability is further evidenced by a massive military purge in China, the aftermath of a deadly uprising in Iran, and stalled peace efforts in the Russia-Ukraine and Gaza conflicts. Despite these tensions, the reports note advancements in international trade deals and the successful launch of Europe's Ariane 6 rocket.