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NEWS HIGHLIGHT:
SoftBank's first Sony smartphone deal takes aim at U.S. market ... Separatists say will allow 'trapped' Ukrainian forces to withdraw ... China investigates senior legislator amid corruption crackdown ... Pakistan leader distances himself from army as crisis drags on ... U.N. says 43 Golan peacekeepers seized by Syria militants, 81 trapped ... Tragedy-hit Malaysia Airlines to lose 6,000 jobs in bold revamp ... Draghi dials R for Reform. Line is busy ... Hong Kong media mogul unbowed by raid as democracy battle boils ... Special Report: The billion-dollar fall of the house of Espirito Santo ... Apple working with NXP for pay-by-touch technology in new iPhone: FT ... Captain of doomed South Korea ferry says lack of checks was customary: Yonhap ... Obama says does not yet have military strategy for Islamic State ... Syrian refugees top 3 million, half of all Syrians displaced: U.N. ... Exclusive: U.S. may use secrets act to stop suit against Iran sanctions group ... No criminal charges in fatal gun range shooting by nine-year-old girl ... U.S. banking group says unaware of any 'significant' cyber attack ... Obama signals timing of new immigration measures in question ... Turkey's Erdogan sworn in as president, consolidates power ... Video shows Islamic State executes scores of Syrian soldiers ... No criminal charges in fatal gun range shooting by 9-year-old girl ... Ukraine president accuses Russian soldiers of backing rebel thrust ... Exclusive: U.S. may use secrets act to stop suit against Iran sanctions group ... Bank of America seeks to void verdict in $1.27 billion 'Hustle' case ... U.N. says 43 Golan peacekeepers seized by militants, 81 trapped ... Missouri police sued for $40 million over actions in Ferguson protests ...
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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