10. This advertisement or publication has not been reviewed by the Monetary Authority of Singapore. What does the long-term really look like? /Font << Higher geopolitical risk foreshadows . But increasing investment in digitalisation of fundamental business processes and decision making is driving a new way of looking at trade finance and risk underwriting. Russia Energy Week will take place in Moscow (Russia) and is one of the key international events for discussing current trends in the fuel and energy industry. It is notable that their counterparts in larger economies such as Brazil, Russia and South Korea have already started to tighten. /Font << In Mexico, by contrast, President Andres Manuel Lopez Obrador will seek to entrench the role of fossil fuels and to turn back the private capital so sorely needed to achieve the energy transition. >> The IMF estimates that 73 states more than one-third of the global total will not hit the 40% target. If Republicans win either chamber of the US Congress, President Biden will likely be operating under a divided government for the next two years, making it difficult to enact legislation without bipartisan support. Please read this page before proceeding as it explains certain restrictions imposed by law on the distribution of this information and the jurisdictions in which our products and services are authorised to be offered or sold. In January 2022, we halted further purchases of Russian stocks in response to rising risks of sanctions on Russia from the United States and other nations. A further threat looming over developing economies concerns debt and access to credit. Fitch Solutions welcomes you to our annual World of Worries which will be held as a virtual event featuring a live virtual panel, interactive polling and a live Q&A session. In the Kingdom of Bahrain, to Central Bank of Bahrain (CBB) Category 1 or Category 2 licensed investment firms, CBB licensed banks or those who would meet the description of an Expert Investor or Accredited Investors as defined in the CBB Rulebook. 2 0 obj The G20 ETWG is the first of its kind to focus entirely on the energy transitions and will be held in Bengaluru (India). /Type /Page In South Korea, this material is for distribution to the Qualified Professional Investors (as defined in the Financial Investment Services and Capital Market Act and its sub-regulations). The event brings together security, national and military officials to discuss the most pressing issues. North Atlantic Treaty Organization heads of state will meet for a NATO summit in Madrid from Tuesday through Thursday. However, since the earthquakes in February, several key figures in the government have proposed delaying the election. >> Track the state of the business cycle for 12 global economies across Asia and Europe. /Resources << By their nature, forward-looking statements are subject to numerous assumptions, risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. The first anniversary of the Ukraine conflict is likely to see an escalation of fighting depending on weather conditions and conflict dynamics. In Latin America, institutional investors and financial intermediaries only (not for public distribution). The Bank of Japan events shown are followed by the publication of the central bank's outlook report. /G5 46 0 R /GS5 22 0 R /Type /Catalog /F9 48 0 R Evaluate and optimize the impact of corporate citizenship programs. 18-192-30. >> This event took place on 02/26/2023. Neither the DFSA or any other authority or regulator located in the GCC or MENA region has approved this information. Innovations in trade technology, e-commerce and insuretech | Rethinking local currency | LMA's new buyer credit facility. If rising consumer prices persist in the major economies into the second half of 2022, hurting consumers, then a mix of political and public pressure might push one major central bank to hike rates faster than expected, unsettling markets. 9 0 obj This material is only directed at 'Professional Clients and no other person should rely upon the information contained within it. Leaders from government, civil society and the private sector will discuss and address issues related to the governance of the internet. While this could create space for more cooperation on issues of mutual interest (climate protection and expanded intra-regional trade, for example), there are two different competing economic models at play the more populist economics of Argentina and perhaps Brazil, and the more statist policies in places like Chile and Colombia. With the world reaching for climate targets and decarbonization, whilst simultaneously struggling with geopolitical conflicts, pricing . In recent years, geopolitical megatrends have presented Australian businesses with new and rapidly evolving challenges. Geopolitical rivalries like that between Algeria and Morocco and the one between Iran and Saudi-Arabia complicate the search . /ProcSet [/PDF /Text /ImageB /ImageC /ImageI] According to the constitution, the general election must take place on, or before, 18 June. /CS /DeviceRGB Yet beyond 2022, this will potentially store up troubles. /ExtGState << Finland and Swedens application to NATO will further solidify the split in Arctic governance, dividing the Arctic Council between NATO states and Russia, and thus undermining chances for the post-Cold War management mechanism to recover anytime soon. The economic impact of the COVID-19 pandemic on Africa has been considerable and the path of recovery depends on maintaining the support of local, regional and international stakeholders. /G7 47 0 R Parties that lose the elections will raise allegations of rigging and manipulation. /ExtGState << In Europe, governments will map out the next stage of their plans for decarbonisation. Virtual Event | 14:00 London BST | 09:00 New York EDT. /StructParents 7 The Artemis mission represents a new phase in U.S. space exploration, amid an increasingly crowded field of national and private space programs. /Type /Page After political parties failed to agree on the formation of the next government, the president scheduled another round of snap elections the fifth elections since April 2021. It is your responsibility to be aware of, to obtain all relevant regulatory approvals, licenses, verifications and/or registrations under, and to observe all applicable laws and regulations of any relevant jurisdiction in connection with your access. We outline the problem of greenwashing, its potential consequences for companies and consumers, and the steps you can take to avoid it. In the run-up to the congress, the authorities will be keener than usual to maintain tight control and to crack down on those threatening social stability or seeming to challenge the Partys control. Continued pressure on Taiwan, expansionist moves in East Asia and internal pressure on corporations to support the government's "common prosperity" goal will certainly have spillover impacts on corporate supply chains serving these markets.
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Detailed information on the use of cookies on this site is provided in our, Detailed information on the use of cookies on this site is provided in our, CED Policy Brief: Ukraine War One Year Round-Up: Turkey's Crucial Role, CED Policy Brief: Ukraine One Year Round-Up: Sanctions Against Russia, CED Policy Brief: The Weekly Round-Up: Developments on Ukraine and Geopolitical Impact 40, CED Policy Brief: The Weekly Round-Up: Developments on Ukraine and Geopolitical Impact 39, Supply-Demand Imbalances, Uncertainty to Keep Oil Prices in Flux, Downgraded global GDP forecast, but no recession expected, The Ongoing Impact of the War in Ukraine on Corporate Citizenship, European Energy Policy at a Time of Geopolitical Instability, Fed Projects Hawkishness Amid War, Pandemic Crises, Sustainability Is the Pathway to Supply Chain Resilience, Think tank: War in Ukraine exerts economic effects, Access New Insights on the War in Ukraine, Five Questions Boards Should Ask About the War in Ukraine, GEOPOLITICS - PUBLIC POLICY, STRATEGY & RISK. /F9 48 0 R ChinaChina also will be in election mode, in its own way. The current five party coalition led by the centre left Social Democratic Party (SPD) is likely to be replaced by a centre-right coalition led by National Coalition party (KOK) and including the far-right True Finns. Geopolitical contestations continued to sharpen in 2021 though there were some hopes of a positive turn after a truculent Trump administration led by the combative Republican President Donald Trump in the United States was succeeded by what was expected to be a milder Democrat President Joe Biden. endobj Governments that can easily service their debts, at a time when investment needs are considerable, have an incentive to borrow still more. You must not redeliver any of the pages, text, images, or content of this Website using "framing" or similar technology. /Parent 2 0 R /StructParents 4 (iii) are the relevant sophistication level and/or type of audience intended for your respective country or jurisdiction identified below. /GS8 21 0 R Reconstructing it will take time, and the process will be hampered by governments, and companies, far more interested in the security of supply than they were prior to 2020. /F1 27 0 R The war has now ground on for a year. Reliance upon information in this material is at the sole discretion of the reader. I am passionate about drawing actionable geopolitical insights from all-source data and communicating them to key stakeholders innovatively, forewarning them of risks and informing them of opportunities.<br><br>To this end, I have honed my research and analysis skills by writing extensively on geopolitics and . /F2 28 0 R He disappointed economic liberals, big business, the military and those who looked to him to root out corruption. . Once again, we try to forecast the events most likely to induce crucial changes for the world (economy) in 2022. . >> /CropBox [0 0 594.95996 840.95996] Prediction 1: South Korea's presidential election will impact Asian geopolitics. >> Geopolitical supply chain risks are typically disruptive, global political events that occur in areas impacting a company's suppliers. In Singapore,public distribution. The next general election is scheduled for 7 May but could occur earlier if parliament dissolves before 28 March. Membership in The Conference Board arms your team with an arsenal of knowledge, networks, and expertise that's unmatched in scope and depth. /Contents [59 0 R 60 0 R 61 0 R] 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. Indonesia, Japan, Brazil, India and others are pursuing their own national strategies to maneuver among the big powers and shape not only their regional environment but broader concepts of shifting global norms as well. >> Turkey's Economic Troubles. endobj In Canada: public distribution. Geopolitical events are a key driver of economic and business decisions. Latest Updates. In the European Economic Area (EEA): this is Issued by BlackRock (Netherlands) B.V. is authorised and regulated by the Netherlands Authority for the Financial Markets. This Contents are not intended for, or directed to, persons in any countries or jurisdictions that are not enumerated above, or to an audience other than as specified above. This information is not intended to be complete or exhaustive and no representations or warranties, either express or implied, are made regarding the accuracy or completeness of the information contained herein. China-Africa Relations in Review. Opening of National Peoples Congress Annual Session. Centers offer access to world-class experts, research, events, and senior executive communities. /Parent 2 0 R Coupled with Japans shifting defense posture and continued Chinese military expansion, it portends a more contentious and unstable Northeast Asia in the coming year or two. /Annots [75 0 R 76 0 R 77 0 R] In the U.S. and Canada, this material is intended for public distribution. Russias (re)invasion of Ukraine triggered the other seven members of the Arctic Council to cease participation in the body, which is under Russian rotational leadership. If the global economy is truly on the road to recovery how can we build the surest path to sustainable growth in our new net-zero world? /CropBox [0 0 594.95996 840.95996] The first edition of the BUlletin kicks off with a 'State of the Industry' review from Berne Union Secretary General, Vinco David, where he considers three factors which could disrupt the status quo for the export credit and investment insurance industry Editor in Chief and Director of Analysis, How Credit Insurance Supports the Real Economy. The coronation marks a historic, albeit symbolic change to the UK monarchy and head of state. If these measures result in slower growth, Xi will not care. In the two decades before the pandemic, global supply chains became sophisticated, low margin and highly vulnerable as companies drove down costs, relying on just-in-time models and sole suppliers. AfricaConflict will continue to blight East Africa, with Ethiopia struggling to bring an end to the fighting that began in Tigray but now ranges well beyond it. In China, this material may not be distributed to individuals resident in the Peoples Republic of China (PRC, for such purposes, excluding Hong Kong, Macau and Taiwan) or entities registered in the PRC unless such parties have received all the required PRC government approvals to participate in any investment or receive any investment advisory or investment management services. The Genesis Invitational - Sunday. /F2 28 0 R One example of a geopolitical event is a countries conflict, such as the U.S. and China tariffs. /Tabs /S General elections, Sindh and Balochistan provincial elections, Seerist Core: your essential risk monitoring platform, ESG Country Monitor: understand your material exposure, Membership: a better way to Control Risks, Sanctions Country Monitor: intelligence on sanctions risks globally. 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