In the Gulf, the Arab producers who have handled COVID-19 well will enjoy a revenue windfall and be well placed to meet recovering demand. In Latin America, no securities regulator within Latin America has confirmed the accuracy of any information contained herein. /Parent 2 0 R As a result of disappointing progress at COP27, members will be under pressure to make significant progress in securing commitments to reducing carbon emissions. 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. The Bank of Japan events shown are followed by the publication of the central banks outlook report. /Type /Group /S /Transparency >> The US along with Costa Rica, the Netherlands, South Korea and Zambia will host the online second Summit for Democracy, amid rising concerns of weakening democratic institutions globally. The agreement largely ended decades of communal conflict in Northern Ireland. /F1 27 0 R Some states facing these threats could step away from full convertibility and embrace capital controls. No casualties were reported. 8 0 obj While seemingly contradictory, this both increases the risks of short, sharp clashes between North Korean and South Korean (or even U.S. or Japanese) forces or assets and decreases the risk of rapid escalation to nuclear conflict or all-out war. Traditionally celebrated in support of the military, the holiday is likely to be used to rally public support for Russias military operation in Ukraine, which is expected to escalate in the coming months. G20 foreign ministers will meet in New Delhi (India) for the first time under the new Indian presidency. Geopolitical events are a key driver of economic and business decisions. However, since the earthquakes in February, several key figures in the government have proposed delaying the election. /F5 24 0 R >> Spring Periodical with 2018 Year end statistics and commentary, plus results of the 2019 'State of the Industry Survey', conducted jointly with ICISA. >> /Contents [11 0 R 12 0 R 13 0 R 14 0 R 15 0 R 16 0 R 17 0 R 18 0 R 19 0 R 20 0 R] Registered under the laws of KSA. /Type /Page The value of investments and the income from them can fall as well as rise and is not guaranteed. As a consequence, many developing states will continue to face agonising trade-offs between lockdowns and other restrictions to check the spread of the virus, especially now the more transmissible Delta variant dominates, and efforts to keep economies open. /Font << The BSGI was extended from 19 November for 120 days. The third anniversary of the killing of George Floyd will be accompanied by memorial events and demonstrations in major US cities and other locations. The Russia-Ukraine conflict will likely remain top of the agenda at the annual meeting. In Canada: public distribution. /F7 24 0 R 5. Those with strong extractive sectors seemed poised to benefit from strong demand for commodities, albeit with the risk of price volatility. endobj We outline the problem of greenwashing, its potential consequences for companies and consumers, and the steps you can take to avoid it. /F1 27 0 R Our economic indicators, surveys, and analyses are the most authoritative source of timely, accurate information on business conditions around the globe. Elections must be held within 60 days of parliamentary dissolution. Lula will visit Biden in Washington DC (US). /Font << The Conference Board is the global, nonprofit think tank and business membership organization that delivers Trusted Insights for What's Ahead. You acknowledge that you have no right to use the content of this Website in any other manner. Russia is clearly far ahead of the other Arctic nations in reestablishing a strong economic and security presence in the Arctic. << /F2 28 0 R /F7 23 0 R /Annots [69 0 R] In Hong Kong, this material is issued by BlackRock Asset Management North Asia Limited and has not been reviewed by the Securities and Futures Commission of Hong Kong. /CS /DeviceRGB The information contained on this website (this Website) (including without limitation the information, functions and documents posted herein (together, the Contents) is made available for informational purposes only. MENA: Turkey's opposition alliance will discuss potential presidential candidates to run in the June general election. /F9 48 0 R << In the UKand outside the EEA: professional clients (as defined by the Financial Conduct Authority or MiFID Rules) and qualified investors only and should not be relied upon by any other persons. . Abroad, Biden will find it difficult to show allies in Europe and Asia that the US is a committed leader given domestic imperatives. Save. Emerging market corporate borrowers could suffer as a result. stream April 12, 2022 Fed Projects Hawkishness Amid War, Pandemic Crises March 16, 2022 Ukraine Invasion Begins to Impact CPI March 10, 2022 PRESS RELEASES & IN THE NEWS Sustainability Is the Pathway to Supply Chain Resilience Think tank: War in Ukraine exerts economic effects Access New Insights on the War in Ukraine << 2 0 obj /Type /Group In the U.S. and Canada, this material is intended for public distribution. The war has now ground on for a year. The information contained within, does not constitute and should not be construed as an offer of, invitation or proposal to make an offer for, recommendation to apply for or an opinion or guidance on a financial product, service and/or strategy. >> endobj /Resources << Another year, another try. /GS8 21 0 R The policy course set out in 2021 a determination to bring the countrys tech giants to heel, to limit the ability of richer citizens to cement their wealth and position through private tutoring, and a cultural crackdown on those who deviate from social conservatism will continue. Those reliant on tourism will have a more difficult time, and all will to varying extents be constrained by the restrictions on movement required to control COVID-19. The falling value of the Turkish . << /ProcSet [/PDF /Text /ImageB /ImageC /ImageI] /ExtGState << House approves measure targeting Biden rule allowing money managers to consider Top takeaways from student loan forgiveness arguments at the Supreme Court, These beaches are the best of the best in US, according to Tripadvisor, Trumps polling strength causes heartburn for Senate GOP. /MediaBox [0 0 595.2 841.92] /F6 32 0 R Geopolitical events typically have a modest and short-lived impact on markets and economies. Listen. /Font << China remains a market capable of creating high expectations and even larger surprises. The health-related uncertainties present a unique challenge for policymakers. /F4 49 0 R >> Address: 28F., No. Geopolitical risk dashboard July 2022 . The meeting also marks Lulas commitment to the resetting of relationships with countries after tensions with key partners rose under then president Jair Bolsonaro. Within a broader group of developed states, there has been a shiftfrom the consumption of personal services to goods that will persist for some time. Countries governed by coalitions, in particular, could struggle under these pressures. Parties that lose the elections will raise allegations of rigging and manipulation. These events are normally widely followed by investors. Tools to help manage corporate governance, sustainability, and philanthropy programs. Prime Minister Narendra Modi has chosen One Earth, One Family, One Future as the theme. >> As a user, you must not sell, copy, publish, distribute, transfer, modify, display, reproduce, and/or create any derivative works from the information or software on this Website. North Korea will commemorate the 90th anniversary of the founding of the Korean Peoples Revolutionary Army. After nearly two decades of growing economic convergence between developed and developing economies at the start of this century, the pandemic shifted the path to one of divergence as 2020 wore on and 2021 began. General disclosure: This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. Innovations in trade technology, e-commerce and insuretech | Rethinking local currency | LMA's new buyer credit facility. The Website has not made, and expressly disclaims, any representations with respect to any forward-looking statements. Santiago Pea of the ruling Colorado Party (ANR) will face opposition leader Efran Alegre (Concertacin alliance) in the presidential race. /GS5 22 0 R /Font << /F3 24 0 R Please note that you are required to read and accept the terms of ourPrivacy Policybefore you are able to access our websites. China has started to deleverage its property sector, and while this will eventually put the country on a more solid financial footing it will certainly result in weaker GDP growth. North Atlantic Treaty Organization heads of state will meet for a NATO summit in Madrid from Tuesday through Thursday. The event consistently ranks as one of the highlights in our annual programme, so join our panelists: Philip Shaw, Chief Economist, Investec. /F2 28 0 R Australia has witnessed a perfect storm of damaging cyber-attacks, and by looking at what is happening in Australia, businesses around the world can gain critical insights and learn how they can best prepare to identify, predict and mitigate these risks. /Count 7 12 0 obj 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. 43288. We are not currently buying Russian . Contributors to the July BUlletin explore the development of a new era in export credit, through the lens of proceedings at the IWG; trade wars; sustainability andexport finance regulation, Themes for this month focus on: Linking Trade and Economic Growth /Collaborative approaches toSustainable Development /Wind Financing / Digital Innovation / Venezuela /, By all accounts 2017 was an excellent year for Berne Union members. Source: BlackRock Investment Institute, January 2023. /Image107 74 0 R Higher geopolitical risk foreshadows . The anniversary will occur as Northern Ireland's status within the UK and relations with Europe remain under strain as a result of the UK's exit from the EU (which took full effect in 2021). Published July 25, 2022. Find . The desire to prevent Ukraine falling into NATOs orbit remains as strong as ever in Moscow. State/Region/County . What has weakened, perhaps, is the conviction that Western punishment for military action against Ukraine will extend beyond economicsanctions. Political Risks in 2022. Sanchezs left-wing coalition has also shown signs of splintering, further casting doubt on his re-election chances. And extreme weather events, which have caused massive disruption in recent years, can unexpectedly pile even more pressure on supply chains. Russia chose not to participate in the 2022 meeting, which took place shortly before its invasion of Ukraine. 2022BlackRock, Inc. All Rights Reserved. Though asteroid mining and space colonies may still be far in the future, competition over access to space, future resources and the technology and prestige associated with space exploration is driving renewed focus on the ultimate strategic high ground. Montenegro will hold its presidential election. /F3 29 0 R 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 first anniversary of the Ukraine conflict is likely to see an escalation of fighting depending on weather conditions and conflict dynamics. /Image9 36 0 R 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. The World Health Organization target is for states to have vaccinated 40% of their population by the end of 2021 and 70% by mid-2022. Greenwashing is a growing concern in today's business world. In South Korea, Qualified Professional Investors (as defined in the Financial Investment Services and Capital Market Act and its sub-regulations). Pakistan will hold general elections and provincial elections for the Sindh and Balochistan provinces in October after the term of the National Assembly (lower house) and respective provincial assemblies end in August. We can see the seeds of the future in digitalisation, automation, applications of block-chain, or machine learning. The Contents do not purport to be complete and is subject to change. In the Sultanate of Oman, to sophisticated institutions who have experience in investing in local and international securities, are financially solvent and have knowledge of the risks associated with investing in securities. By confirming below, you also acknowledge that you: (i) have read this important information; (ii) agree your access to this website is subject to the disclaimer, risk warnings and other information set out herein; and. /F5 31 0 R << /GS8 21 0 R Corruption will be a key topic in the campaign as scandals tarnish both sides. The views expressed by contributors are their own and not the view of The Hill, NATO Secretary General Jens Stoltenberg, right, welcomes Turkish President Recep Tayyip Erdogan at the official arrivals for the NATO summit in Madrid, Spain, on Wednesday, June 29, 2022. The commodity-hungry engine of the early 21st century world economy will be less of a motor for global growth next year than in the last two decades. Yet that winter will pose new strains for some developed states, as publics press for increased freedom of movement and governments seek to press the vaccine-hesitant and the vaccine opposed to either accept the jab or suffer limits on their ability to work and move. 7:00 am. >> The coronation marks a historic, albeit symbolic change to the UK monarchy and head of state. ( Concertacin alliance ) in the campaign as scandals tarnish both sides price volatility 49 0 R geopolitical are! Geopolitical events are a key driver of economic and security presence in the government have proposed delaying election. Any forward-looking statements technology, e-commerce and insuretech | Rethinking local currency | LMA 's new credit... | LMA 's new buyer credit facility Western punishment for military action against will! Meeting also marks Lulas commitment to the UK monarchy and head of will! 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