Globalization • Local markets Snapshot: 2025–2026 (latest available international data) Updated: 2026-02-07 Globalization is changing shape, not disappearing “Deglobalization” headlines can be misleading. What is happening in 2025–2026 is better described as a shift in how the world connects: more services and data, more policy friction at borders, more regional supply-chain clustering, and stricter climate-linked - Globalization • Local markets Snapshot: 2025–2026 (latest available international data) Updated: 2026-02-07 Globalization is changing shape, not disappearing “Deglobalization” headlines can be misleading. What is happening in 2025–2026 is better described as a shift in how the world connects: more services and data, more policy friction at borders, more regional supply-chain clustering, and stricter climate-linked