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Washington wins diplomatic support for campaign in Iraq; Syria trickier ... Sweden's new leader reaches out to foes after shock far-right gains ... Autos weigh on U.S. factory output; outlook still upbeat ... Apple receives record pre-orders for new iPhones ... PM Cameron to appeal to keep Britain intact on last Scotland visit before vote ... Western sanctions are testing Russia's strength: Medvedev ... Danaher to buy Nobel Biocare for $2.2 billion ... OECD slashes growth forecasts, urges aggressive ECB action ... Alibaba worried about Facebook IPO as considered Nasdaq versus NYSE ... Exclusive: Two Apple medical trials shed light on how HealthKit will work ... An unlikely hero, Gordon Brown wrestles with Scotland's fate ... New Zealand dismisses Snowden's claim it planned mass domestic spying ... U.S. sees Middle East help fighting IS, Britain cautious after beheading ... Worry, mystification in China over Scotland independence vote ... China says 'rescues' more children from Xinjiang religious schools ... Obama to detail plans on Ebola offensive on Tuesday: WSJ ... With appearance in Iowa, Clinton takes a big step toward 2016 ... Sweden votes for minority left government, far right surges ... Sweden heads for minority left government, far right surges ... NATO countries have begun arms deliveries to Ukraine: defense minister ... Carolina Panthers sidelines Hardy as pressure builds on NFL ... Scots independence battle reaches fever pitch on streets and screens ... Treasury's Lew warned China on antitrust probes of foreign firms: WSJ ... U.S. sees Middle East help fighting IS, Britain cautious after beheading ... Liberal Vermont Senator Sanders may seek U.S. presidency in 2016 ...
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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