Global Scans · Geopolitics · Weekly Summary

• The election results will plunge Pakistan further into political crisis due to the way the whole election process has been conducted, raising widespread concerns of rigging. Yahoo News
• The global economic climate remains subdued, coupled with high geopolitical risks amid the situation in the Red Sea, high interest rates, and domestic energy prices still well above their pre-pandemic level. The Telegraph
• Continued Israeli and U.S. use of force will create greater instability in the entire region; contribute to the diplomatic and political influence of Russia and China; and create a wider zone of conflict and crisis. CounterPunch.org
• The past few years have been characterised by volatility and disruption - from macroeconomic risks and geopolitical upheavals to inflation and higher interest rates, coupled with China's tentative economic recovery. businesslive
• High geopolitical tensions are a significant near-term risk to activity and inflation, particularly if the conflict in the Middle East were to disrupt energy markets. MarketScreener
• While the OECD said inflation is projected to be back to target across most G20 countries by the end of 2025, it warned over the risk to inflation globally from geopolitical tensions and the Red Sea shipping disruption. MarketScreener
• The cessation of long-term shipping agreements by ocean carriers on the Asia-Europe route, due to the war risk in Red Sea transit, underscores the vulnerability of global supply chains to geopolitical tensions. MultiModal UK
• Political unrest in the Middle East will continue to put pressure on the logistical cost and could trickle into the cost of oil which could cause wild swings for spot LLDPE pricing. Expense Reduction Analysts
• 60 countries - equaling more than 50% of the world's GDP - will hold elections in 2024, positioning geopolitics to have significant influence over 2024, especially the US election scheduled for November. United States - English
• Chinese investment in UK nuclear projects has been a hot political potato for some time, and came to be viewed as an unacceptable national security risk. CounterPunch.org
• Amid escalating geopolitical risks, Montreal's new center represents a strong commitment to climate security and will be crucial to promoting a co-ordinated global response that strengthens Canada's capacity to address climate-specific concerns. The Conversation
• The threat of geopolitical crises jumped significantly in INSEAD's survey, with 58% of faculty identifying it as a top concern - making it the number one threat to business for 2024. INSEAD Knowledge
• Risks include geopolitical tensions in West Asia and attacks in the Red Sea that could disrupt commodity prices and supply chains. PMF IAS
• The potential for a supply shortfall, as a result of geopolitical challenges, could push up global crude prices which are a key indicator of profits for Exxon. Forbes
• New commodity price spikes from geopolitical shocks, including continued attacks on shipping in the Red Sea, could prolong tight monetary conditions. Mint
• The current global economic uncertainties and geopolitical tensions are anticipated to drive gold prices to a historic peak of Rs70,000 per 10 grams in the coming year. News18
• We no longer see value in using oil stocks as a hedge trade as geopolitical risks in the Middle East. Pictet Asset Management
• Geopolitical risks, coupled with high interest rates, a cooling global economy and domestic uncertainties arising from the recent Federal Constitutional Court ruling on the federal budget, are dampening corporate investment sentiment. Roland Berger
• Even with lengthening fundamentals, January saw a significant increase in geopolitical risk, as increasing attacks by Ukraine against Russian infrastructure and tensions in the Red Sea impacted product trade flows.
• Geopolitical uncertainties, including the war in Ukraine and conflict in the Middle East, could impact future sales and net income. Yahoo

Last updated: 11 February 2024