GEOPOLITICS

Rising tensions and geo-economic fragmentation, including protectionism and sanctions.

• Disruptive trade policies and re routing of global supply chains as a reaction to tariffs.
• Ukraine-Russia: ongoing fighting, but ceasefire odds increase.
• Middle East: talks and conflicts likely.
• China-US: decline of relations.
• US-Europe relations under pressure.

You can now read the full whitepaper at the link below