Global Scans · Geopolitics · Weekly Summary

• [New] Fitch Ratings has raised its assumptions for oil prices for the period from 2024-2025 based on the expectation that geopolitical issues in the world will extend for a while, and will not be resolved soon. Times of Oman
• [New] The economic expansion could be thrown off by the continuing adverse effects of higher rates and by geopolitical tensions, including the war in Gaza, that risk disrupting trade and raising energy and other prices. The Washington Post
• [New] An intensification of geopolitical tensions could further disrupt shipping and energy production and push up inflation. The Star
• [New] Asian currencies and equity markets extended losses, amid escalating geopolitical tensions in the Middle East after lingering worries that Israel will respond to Iran's attack over the weekend. Mint
• [New] Despite Israel's successful defence against Iran's attacks, geopolitical tensions in the Middle East continue unabated, posing potential risks to global commodity markets. Euronews.com
• [New] External risks include increased trade tensions with the United States and European Union weakening the PRC's exports; escalated geopolitical tensions that may disrupt supply chains; renewed energy challenges triggered by geopolitical conflict; and fragmentation of the global economy. Asian Development Bank
• [New] There are several risks to developing Asia's growth outlook, including the current conflicts in the Middle East and geopolitical tensions. Current Affairs - NEXT IAS
• [New] We expect gold prices to trade higher in 2024 as safe-haven demand continues to be supportive amid geopolitical uncertainty with the ongoing wars and the upcoming US election. investing.com
• [New] Last week, European gas futures rose 5% toward € 29/MWh, driven by fears of attacks on Ukrainian gas storage facilities and escalating geopolitical tensions in the Middle East. oilprice.com
• Geopolitical events including the war in Ukraine and the Israel-Hamas war, as well as U.S. political polarization, could be creating an environment that may very well be creating risks that could eclipse anything since World War II. San Diego Union-Tribune
• Looking ahead, the outlook for global steel demand remains cautiously optimistic, with potential risks including geopolitical tensions, persistent inflation, and fiscal challenges in major economies that could impact the ongoing recovery. petromindo
• Recent geopolitical events in Central and Eastern Europe, specifically Russia's unprovoked attack on Ukraine, and non-political events, like the global Covid pandemic, have brought home the risks to governments and private sector organizations alike. GFS
• Conflict in the Middle East and Ukraine, a year of elections around the world, and rising regulatory uncertainty in natural resource sectors, are refocusing attention on political risks in commodity markets. Gilmore
• There are some other external risks too: potentially higher energy prices when India is a net oil importer; a global economic slowdown that can affect exports; and geopolitical tensions with neighbours China and Pakistan which could also have an impact on political stability. The Armchair Trader
• In MPC's reckoning, food price uncertainties, the recent uptick in international crude oil prices, upward bias in cost-push pressures faced by firms and geopolitical tensions constitute major upside risks to the inflation outlook. billionpress
• With new challenges on the horizon, it is unclear whether Botswana's economic and political legacy will stand tall or begin to collapse. Harvard International Review
• The greatest external risk to the US economy is geopolitical tensions in the Middle East because they would boost oil and gasoline prices. CNN
• With Europe urgently reevaluating its defence capabilities amid escalating geopolitical tensions and ongoing conflicts in Ukraine and Gaza, the theme of the second annual London Defence Conference is Deterrence: Building Capacity to Counter Global Threats. King's College London
• Recent geopolitical events may very well be creating risks that could eclipse anything since world war two, pointing to Russia's full-scale invasion of Ukraine and the current violence in the Middle East. Financial Times
• In a nutshell, China wants to succeed the US as the dominant hegemonic power, but economics, rather than ideology, will drive geopolitics and the new multipolar system. Modern Diplomacy
• Building a national consensus with political support to provide long-term incentives for private businesses to invest in tourism and alternative energy could set Brazil on a new growth path. The Emerging Markets Investor
• Despite geopolitical tensions and regulatory challenges, 88% of investors plan to increase FDI in the next three years, with AI adoption playing a crucial role in business operations and investment decisions. Gulf Business

Last updated: 21 April 2024