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NEWS HIGHLIGHT:
Security tight in Canada as police probe Parliament gunman's ties ... Doctor who worked in Africa first Ebola case in New York City ... Specter of no-inflation world looms over Fed's return to normal ... Hong Kong protesters set for the long haul at self-sustaining village ... EU strikes compromise to set new climate target ... New York police officer critically wounded in hatchet attack ... Merkel says EU will discuss bridging finance for Ukraine next week ... Venezuela seizes warehouses packed with medical goods, food ... EU strikes compromise to set new climate target ... EU reaches deal to cut emissions by at least 40 percent versus 1990 levels ... Canada Parliament gunman had planned to travel to Syria: police ... Microsoft sales beat Street hopes, cloud profits up ... New York tests doctor who was in West Africa for Ebola ... Iran will be seen as responsible if nuclear talks fail: U.S. ... Syria's Kobani less at risk but could still fall: U.S. officials ... Amazon's holiday-quarter forecast disappoints, shares dive ... Russian captured in Afghanistan to face terrorism charges in U.S. ... Fed lays out scenarios for 2015 bank stress tests ... Baby killed by Palestinian driver in Jerusalem was American: U.S. ... Brazil's president widens lead in polls ahead of Sunday vote ... U.S.-led air strikes killed 521 fighters, 32 civilians in Syria: monitor ... Six in quarantine in Connecticut as U.S. steps up Ebola checks ... Sears to close stores, lay off about 5,500: Seeking Alpha ... South Carolina house speaker pleads guilty in ethics case, to resign ... Islamic State militants seize Iraq village, press assault on Yazidis ...
The Abdullah Bin Hamad Al-Attiyah International Energy Awards
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TOP RISKS 2013


17/01/2013
By:Eurasia Group
It's 2013. We've made it. For those of us watching from the United States, the last few days of 2012 (to say nothing of the first couple of this year) were touch and go. But here we are.
 
Political risk has entered our vocabulary. Whether staring over the fiscal cliff, battling the eurozone crisis, trying to profit from a rising China, or taking cover from the Middle East; around the world, politics has come to dominate market outcomes. Geoeconomics now sits alongside geopolitics in matters of war, peace, and prosperity. Economic statecraft is a key component of global foreign policy. State capitalism is a principal challenge to the free market.
 
That's been increasingly true for the last four years because of the way perceptions of political risk have spread across the developed world. Since the financial crisis, what did or didn't happen in Washington has had an outsized impact on market outcomes. So too the reaction of European governments and pan-European political institutions to a crippling, systemic eurozone crisis. We’ve seen a succession of five governments in Japan digging out, first from the recession and then from the largest-scale natural disaster the world has seen in decades.
 

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Last Update: 17/01/2013

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