2022 geopolitical events

/S /Transparency /XObject << The geopolitical risk (GPR) index spikes around the two world wars, at the . The Website is intended for the following audiences in each respective country or region: In the U.S.: public distribution. The Address: 28F., No. We present a news-based measure of adverse geopolitical events and associated risks. /Resources << /Parent 2 0 R /Font << /CropBox [0 0 595.2 841.92] << In recent years, geopolitical megatrends have presented Australian businesses with new and rapidly evolving challenges. /F7 24 0 R For more information on the Investment Advisory Services offered by BlackRock Mexico please refer to the Investment Services Guide available at www.blackrock.com/mx. >> In Singapore,public distribution. The world's response to Russia's aggression came swiftly with the EU, the U.S., and other major G-20 nations imposing a severe set of economic sanctions that . /F9 48 0 R But picking the final two proved problematic, particularly as there were so many smaller events that are likely to have outsized significance far beyond their brief moments of attention. /StructParents 0 Elections must be held within 60 days of parliamentary dissolution. /S /Transparency The Power of Corporate Communications: Driving Business Results, 2023 Annual Employee Health Care Conference - San Diego, 2023 Annual Employee Health Care Conference - New York. North Korea will commemorate the 90th anniversary of the founding of the Korean Peoples Revolutionary Army. This event took place on 02/26/2023. We reserve the right to change, modify, add, or delete, any content and the terms of use of this Website without notice. /G8 44 0 R Xi Jinping will be re-elected for a third term as president at the annual National Peoples Congress session. The material provides general information only and does not take into account your individual objectives, financial situation, needs or circumstances. /G3 62 0 R << 13 Major Events in 2022 That Could Change Europe's Economy in the World . The year 2022 will mark an important step back to normality, but COVID-19 retains the ability to change the course of countries, regions and people., This article was published in the Berne Union Yearbook, December 2021. /Parent 2 0 R The anniversary will occur as Northern Ireland's status within the UK and relations with Europe remain under strain as a result of the UK's exit from the EU (which took full effect in 2021). /Contents [70 0 R 71 0 R 72 0 R] If these measures result in slower growth, Xi will not care. /F2 28 0 R RodgerBaker isexecutive director of the Stratfor Center for Applied Geopolitics at RANE. /G7 47 0 R In Australia, public distribution. /G8 44 0 R The lack of leadership likely hindered al-Qaida centrals ability to distribute critical propaganda around this anniversary in 2022. /GS8 21 0 R /F2 28 0 R Once you have confirmed that you agree to the legal information herein, and thePrivacy Policy by indicating your consent we will place a cookie on your computer to recognise you and prevent this page from reappearing should you access this site, or other BlackRock sites, on future occasions. Riviera Country Club-CA. His inflation and COVID-19 mismanagement has stripped him of all but his most ardent supporters. The invasion of Ukraine by Russia was designed to decapitate the Ukrainian administration in just a matter of days. Achieving a deal on the Fit for 55 climate package will be one of the main objectives. /GS8 21 0 R Countries supporting Ukraine are likely to extend and expand sanctions against Russia, which will take the opportunity to reiterate its purported claims to Ukrainian territory. Another year, another try. But geopolitical events, such as the war in Ukraine, were already upsetting global supply chains yet again. Latest Updates. /F9 26 0 R Analyzing How Geopolitical Events Have Impacted Crude Oil Markets Dean Foreman Posted May 13, 2022 OPEC announced recently it will continue with planned modest increases in crude oil production, rebuffing the U.S. and others who for months have asked the cartel to ramp up its output. Once again, we try to forecast the events most likely to induce crucial changes for the world (economy) in 2022. . Before investing please read the Prospectus and the KIID available on www.blackrock.com/it, which contain a summary of investors rights. Registered office: 12 Throgmorton Avenue, London, EC2N 2DL, Tel: +44 (0)20 7743 3000. No casualties were reported. Spain takes over from Czechia in the six-month rotating presidency of the Council of the EU, until 31 December 2023. Sanchezs left-wing coalition has also shown signs of splintering, further casting doubt on his re-election chances. We detail the key geopolitical events over the next year in the table below. In Taiwan, Professional Investors. How will all of this affect politics and international relations globally? 9 0 obj If Republicans win either chamber of the US Congress, President Biden will likely be operating under a divided government for the next two years, making it difficult to enact legislation without bipartisan support. /F5 31 0 R << Growing political and public polarisation will ensure there are no conclusive winners from the polls. /F12 58 0 R The pick of key issues to look out for in 2023 from macro trends, potentially choppy seas for smaller ECAs, possibilities for using Islamic finance in the renewable energy transition, Chinas reopening, a bumpy CPRI outlook, and reinsurance complexities. Prediction 1: South Korea's presidential election will impact Asian geopolitics. One example of a geopolitical event is a countries conflict, such as the U.S. and China tariffs. In the UKand outside the EEA: professional clients (as defined by the Financial Conduct Authority or MiFID Rules) and qualified investors only and should not be relied upon by any other persons. With increased economic and information nationalism on Earth, it is only a matter of time before claims of territoriality reach beyond land, sea and airspace. /ExtGState << The 75th anniversary of the UN Declaration of Human Rights will likely increase scrutiny on human right issues globally. Some states facing these threats could step away from full convertibility and embrace capital controls. We are not currently buying Russian . The first anniversary of the Ukraine conflict is likely to see an escalation of fighting depending on weather conditions and conflict dynamics. Geopolitical events like military or economic conflicts can affect stock markets in many ways. In January 2022, we halted further purchases of Russian stocks in response to rising risks of sanctions on Russia from the United States and other nations. Governments that can easily service their debts, at a time when investment needs are considerable, have an incentive to borrow still more. 4 0 obj /Contents [66 0 R 67 0 R 68 0 R] Prime Minister Narendra Modi has chosen One Earth, One Family, One Future as the theme. The third anniversary of the killing of George Floyd will be accompanied by memorial events and demonstrations in major US cities and other locations. 2 0 obj Pakistan will hold general elections and provincial elections for the Sindh and Balochistan provinces in October after the term of the National Assembly (lower house) and respective provincial assemblies end in August. The views expressed by contributors are their own and not the view of The Hill, NATO Secretary General Jens Stoltenberg, right, welcomes Turkish President Recep Tayyip Erdogan at the official arrivals for the NATO summit in Madrid, Spain, on Wednesday, June 29, 2022. In Australia, issued by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975 AFSL 230 523 (BIMAL). /Annots [40 0 R] Find Events | Sports. MENA: Turkey's opposition alliance will discuss potential presidential candidates to run in the June general election. Detailed information on the use of cookies on this site is provided in our, Detailed information on the use of cookies on this site is provided in our, CED Policy Brief: Ukraine War One Year Round-Up: Turkey's Crucial Role, CED Policy Brief: Ukraine One Year Round-Up: Sanctions Against Russia, CED Policy Brief: The Weekly Round-Up: Developments on Ukraine and Geopolitical Impact 40, CED Policy Brief: The Weekly Round-Up: Developments on Ukraine and Geopolitical Impact 39, Supply-Demand Imbalances, Uncertainty to Keep Oil Prices in Flux, Downgraded global GDP forecast, but no recession expected, The Ongoing Impact of the War in Ukraine on Corporate Citizenship, European Energy Policy at a Time of Geopolitical Instability, Fed Projects Hawkishness Amid War, Pandemic Crises, Sustainability Is the Pathway to Supply Chain Resilience, Think tank: War in Ukraine exerts economic effects, Access New Insights on the War in Ukraine, Five Questions Boards Should Ask About the War in Ukraine, GEOPOLITICS - PUBLIC POLICY, STRATEGY & RISK. 10 0 obj The official Los Angeles event calendar is your daily guide to concerts, shows, festivals, theatre, and all the entertainment LA has to offer. /Type /Page Tools to help manage corporate governance, sustainability, and philanthropy programs. 00796793. /GS5 22 0 R Track the state of the business cycle for 12 global economies across Asia and Europe. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. . In Taiwan, independently operated by BlackRock Investment Management (Taiwan) Limited. Avatar: The Way of Water (2022) FuLL Movie Online On. >> In Qatar, for distribution with pre-selected institutional investors or high net worth investors. The loss of cheap, flexible labour in logistics, the disruptions caused by factory or port closures, and the loss of transport capacity as passenger flights were cut back and their empty holds were no longer available for durable and perishable goods (or because containers were stuck in the wrong part of the world or were unaffordable for exporters to move) point to a system of supply chains that was agile and efficient but fragile, and is now broken. /Type /Page endobj New foundations in tech, data, and cooperative frameworks may help guide us into the next phase, Now widely recognised as an economic as well as environmental imperativeThe momentum to tackle climate change is buildingChanging perspectives, policy, products and processes across the export credit industry. The Russia-Ukraine conflict will likely remain top of the agenda at the annual meeting. Sudans political transition has been derailed and will not easily be set aright, while Kenya and Somalia face elections in 2022 that seem certain to threaten stability. Save. /Tabs /S >> The current five party coalition led by the centre left Social Democratic Party (SPD) is likely to be replaced by a centre-right coalition led by National Coalition party (KOK) and including the far-right True Finns. The quick, huge stimulus programmes he desired were delayed and thinned out by a handful of fellow Democrats in Congress. /GS8 21 0 R The divergence on vaccine progress between developed and developing countries, and to some extent within them, is mirrored by their economic prospects. House Republican eyeing legislation to prevent Santos from profiting off Hemorrhaging losses, the Feds problems are now the taxpayers, 10 key figures who will and wont be at CPAC, Student loan forgiveness: Key statements from each justice, Murdoch: Hannity was privately disgusted with Trump after 2020 election, Feehery: Progressive DC government turning city into a dystopia. Discover what to do in LA today. The G7 summit will take place in Hiroshima (Japan). There has been ongoing speculation that the government will bring it forward. The deepest problems will be felt by those carrying significant levels of short term debt, particularly if it is denominated in a foreign currency. But which approaches can best build upon the opportunities presented by growing intra-regional trade, and investment in sustainable infrastructure? Your name, email address and other personal details will be processed in accordance with BlackRocks Privacy Policy for your specific country which you may read by accessing our website athttps://www.blackrock.com. We detail the key geopolitical events over the next year in the table below. It has inspired similar attacks globally in recent years. Within a broader group of developed states, there has been a shiftfrom the consumption of personal services to goods that will persist for some time. >> The EU implement its ban on Russian refined oil products, including diesel, raising the prospect of shortages due to low domestic production capabilities. >> /MediaBox [0 0 595.2 841.92] /CropBox [0 0 595.2 841.92] >> Meanwhile, decision-making is likely to slow as attention increasingly turns towards the elections. If the global economy is truly on the road to recovery how can we build the surest path to sustainable growth in our new net-zero world? /Kids [4 0 R 5 0 R 6 0 R 7 0 R 8 0 R 9 0 R 10 0 R] https://www.blackrock.com/corporate/compliance/investor-right. /Image41 38 0 R /Filter /FlateDecode G20 Finance Ministers and Central Bank Governors will meet for the 2. Registered in England and Wales No. /Contents [11 0 R 12 0 R 13 0 R 14 0 R 15 0 R 16 0 R 17 0 R 18 0 R 19 0 R 20 0 R] Incumbent PM Pedro Sanchez is trailing the favourite centre-right Peoples Party in opinion polls. /GS5 22 0 R endobj /Type /Page In 2022, we saw major disruptions that can result from drought. Join us for a real-time take on how global economic trends and the big political issues will impact mid-market M&A in 2022. You acknowledge that you have no right to use the content of this Website in any other manner. These events are normally widely followed by investors. The U.S. government has committed to limiting trade with China in pursuit of creating its own manufacturing presence. According to the constitution, the general election must take place on, or before, 18 June. Consequently, Russias authorities will grind their way through the early months of 2022 amid high COVID-19 case numbers and fatalities, as well as popular dissatisfaction over high inflation. Despite continued sparring with the US, 2022 should not be a year of crisis because of Chinas domestic agenda provided that the authorities in Taiwan do not provoke Beijings ire by taking steps towards declaring independence. These events are normally widely followed by investors. The falling value of the Turkish . /F9 24 0 R >> April 12, 2022 Fed Projects Hawkishness Amid War, Pandemic Crises March 16, 2022 Ukraine Invasion Begins to Impact CPI March 10, 2022 PRESS RELEASES & IN THE NEWS Sustainability Is the Pathway to Supply Chain Resilience Think tank: War in Ukraine exerts economic effects Access New Insights on the War in Ukraine /F7 24 0 R Turkeys facilitation of the Russia/Ukraine grain deal highlights the rising role of middle powers in a multipolar world. /Resources << /Type /Group /MediaBox [0 0 595.2 841.92] In Switzerland, this document is marketing material. The policy course set out in 2021 a determination to bring the countrys tech giants to heel, to limit the ability of richer citizens to cement their wealth and position through private tutoring, and a cultural crackdown on those who deviate from social conservatism will continue. Tel: (02)23261600. /ProcSet [/PDF /Text /ImageB /ImageC /ImageI] These are relatively low-cost battlefield weapons that give Pyongyang a greater ability to strike at military bases, depots and staging grounds in South Korea. In Canada, with the election now behind him, Prime Minister Justin Trudeau will make efforts to curb the oil and gas industry. /CS /DeviceRGB Opening of National Peoples Congress Annual Session. /Font << /F1 27 0 R The economic impact of the COVID-19 pandemic on Africa has been considerable and the path of recovery depends on maintaining the support of local, regional and international stakeholders. is more powerful than usual. 8 0 obj Themes for September span the full scale of international nance in a bumper edition, with a selection of 12 articles from Berne Union members and industry experts, painting a telling picture of the relative pressures and priorities in "New Horizons: Changing Markets, Evolving Approaches". The rise of an aggressive and revisionist China, a devastating global pandemic, the disruptive churn of . /F6 32 0 R /Contents [51 0 R 52 0 R 53 0 R] Median Sold Price of Existing Single-Family Homes. David Chmiel, Managing Director, Global Torchlight. /Annots [69 0 R] President George Weah of the ruling Coalition for Democratic Change (CDC) is currently the favourite to secure re-election despite growing public frustration with socioeconomic challenges and perceptions of corruption. In the two decades before the pandemic, global supply chains became sophisticated, low margin and highly vulnerable as companies drove down costs, relying on just-in-time models and sole suppliers. Geopolitical Risk (GPR) Index. /MediaBox [0 0 594.95996 840.95996] Turkey's Economic Troubles. Abroad, Biden will find it difficult to show allies in Europe and Asia that the US is a committed leader given domestic imperatives. All other trademarks are those of their respective owners. /F2 28 0 R /ProcSet [/PDF /Text /ImageB /ImageC /ImageI] /S /Transparency For investors in Israel: BlackRock Investment Management (UK) Limited is not licensed under Israels Regulation of Investment Advice, Investment Marketing and Portfolio Management Law, 5755-1995 (the Advice Law), nor does it carry insurance thereunder. Weekly Geopolitical Report - The 2022 Geopolitical Outlook (December 13, 2021) by Bill O'Grady & Patrick Fearon-Hernandez, CFA | PDF (This is the last WGR of 2021; the next report will be published on January 18, 2022. >> This edition of the BUlletin addresses the evolving role of various international financial institutions in generating sufficient risk capital for development projects and in particular investment in critical infrastructure and renewable energy. /Contents [54 0 R 55 0 R 56 0 R] /Image45 34 0 R General elections, Sindh and Balochistan provincial elections, Seerist Core: your essential risk monitoring platform, ESG Country Monitor: understand your material exposure, Membership: a better way to Control Risks, Sanctions Country Monitor: intelligence on sanctions risks globally. The 20th Party Congress is likely to mark the start of Xi Jinpings third term in office. /F3 29 0 R Where is the avalanche of claims and insolvencies expected to emerge from COVID-19?The picture so far is uneven across geographies, sectors and business linesAnd for the future? >> You must not redeliver any of the pages, text, images, or content of this Website using "framing" or similar technology. This event took place on 02/26/2023. Please read this page before proceeding as it explains certain restrictions imposed by law on the distribution of this information and the jurisdictions in which our products and services are authorised to be offered or sold. Registered office Amstelplein 1, 1096 HA, Amsterdam, Tel: 020 549 5200, Tel: 31-20-549-5200. Neither the DFSA or any other authority or regulator located in the GCC or MENA region has approved this information. /F4 49 0 R A plurality of the audience thought that the U.S. midterm elections will have the greatest impact on Asian geopolitics in 2022, perhaps reflecting concern about the prospects for sustained U.S. leadership in the region. Very few companies foresaw the risks that a pandemic would pose. /Group << >> Geopolitical supply chain risks are typically disruptive, global political events that occur in areas impacting a company's suppliers. endobj /Parent 2 0 R License No375, Association Memberships: Japan Investment Advisers Association, the Investment Trusts Association, Japan, Japan Securities Dealers Association, Type II Financial Instruments Firms Association.) /ExtGState << endobj In Canada: public distribution. Find . Latin America has seen (once again) a tilt to the left, with six of the largest economies run by leftist governments once Brazils Luiz Ignacio Lula da Silva takes office in January. That blanket statement masks important differences among the richest states: it matters greatly for the course of the virus whether a country can vaccinate 85% of its people, rather than 70% or 75%. His government will deploy all the resources necessary to ensure that troubles in the property sector do not blow up the economy. >> /F4 64 0 R In January 2022, we halted further purchases of Russian stocks in response to rising risks of sanctions on Russia from the United States and other nations. /G3 45 0 R The G20 ETWG is the first of its kind to focus entirely on the energy transitions and will be held in Bengaluru (India). As a consequence, many developing states will continue to face agonising trade-offs between lockdowns and other restrictions to check the spread of the virus, especially now the more transmissible Delta variant dominates, and efforts to keep economies open. Top 10 Geopolitical Risks of 2022. Contributors to the July BUlletin explore the development of a new era in export credit, through the lens of proceedings at the IWG; trade wars; sustainability andexport finance regulation, Themes for this month focus on: Linking Trade and Economic Growth /Collaborative approaches toSustainable Development /Wind Financing / Digital Innovation / Venezuela /, By all accounts 2017 was an excellent year for Berne Union members. Find the best upcoming events in Los Angeles, California: concerts, theater shows, sporting events, holiday events, social events, festivals, activities, live performances, comedy shows, pub crawls, and more! >> Since 1999, we've been a leading provider of financial technology, and our clients turn to us for the solutions they need when planning for their most important goals. << The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. BlackRock shall have no liability for any loss or damage arising in connection with this Website or out of the use, inability to use or reliance on the Contents by any person, including without limitation, any loss of profit or any other damage, direct or consequential, regardless of whether they arise from contractual or tort (including negligence) or whether BlackRock has foreseen such possibility, except where such exclusion or limitation contravenes the applicable law. Investment involves risks. While this could create space for more cooperation on issues of mutual interest (climate protection and expanded intra-regional trade, for example), there are two different competing economic models at play the more populist economics of Argentina and perhaps Brazil, and the more statist policies in places like Chile and Colombia. 7:00 am. This Contents are not intended for, or directed to, persons in any countries or jurisdictions that are not enumerated above, or to an audience other than as specified above. /Resources << The Conference Board and torch logo are registered trademarks of The Conference Board. /StructParents 0 In Latin America, no securities regulator within Latin America has confirmed the accuracy of any information contained herein. /Parent 2 0 R So too could low-income states, who on average face debt-servicing costs equal to 21% of budget revenue in 2022, compared with the single-digit burdens they had in 2008. Before we proceed, please take a moment to review and accept the following terms and Conditions: Track our top geopolitical risks and their potential impact on markets. The first Russia-Africa Summit was held in Sochi (Russia) in 2019. The Mississippi River, for . stream The weakening of the euro against the US dollar a consequence of Europes weaker recovery and its less forward leaning approach to monetary tightening will be a boon for EU exporters, while dampening inflationary pressure in the US. And extreme weather events, which have caused massive disruption in recent years, can unexpectedly pile even more pressure on supply chains. >> Backgrounders - December 5, 2022. In Singapore, this is issued by BlackRock (Singapore) Limited (Co. registration no. Finance Ministers and Central Bank Governors of G20 members will gather in Bengaluru (India) to discuss global financial issues, including energy prices and inflation rates. /F3 29 0 R On February 24 th, 2022, Russia launched an invasion of Ukraine, an act that has caused grievous loss of life, precipitated a humanitarian crisis, and sent shock waves through the world's economies. /Group << /F1 27 0 R 12 Big Geopolitical Events We Think Will Happen In 2015. In South Korea, this material is for distribution to the Qualified Professional Investors (as defined in the Financial Investment Services and Capital Market Act and its sub-regulations). Executive Vice President and Head of International Affairs, U.S. Chamber of Commerce Published January 21, 2022 As 2022 gets underway, the temptation to quote Dickens it's the best of times and the worst of times, etc. Continued pressure on Taiwan, expansionist moves in East Asia and internal pressure on corporations to support the government's "common prosperity" goal will certainly have spillover impacts on corporate supply chains serving these markets. Reconstructing it will take time, and the process will be hampered by governments, and companies, far more interested in the security of supply than they were prior to 2020. /F1 27 0 R This Website has not been, and will not be submitted to become, approved/verified by, or registered with, any relevant government authorities under the local laws. BlackRock has not examined any of these websites and does not assume any responsibility for the contents of such websites nor the services, products or items offered through such websites. A summit between the EU and Ukraine will take place in Kyiv (Ukraine). As a user, you must not sell, copy, publish, distribute, transfer, modify, display, reproduce, and/or create any derivative works from the information or software on this Website. For Professional Investors only (Professional Investor is defined in Financial Instruments and Exchange Act). But trade is under immense pressure from myriad directions.How can we maintain supply of finance, in the face of growing demand and irregular patterns of risk? /F8 25 0 R Systematic retrieval of content from this Website to create or compile, directly or indirectly, a collection, compilation, database or directory (whether through robots, spiders, automatic devices or manual processes) or creating links to this Website is strictly prohibited. /CropBox [0 0 594.95996 840.95996] General disclosure: This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. Pyongyang continues to rely on nuclear weapons as the backbone of its strategic defense, but the expanded conventional capabilities give the North the ability to step up coercive military behavior. You acknowledge that certain information contained in this Website supplied by third parties may be incorrect or incomplete, and such information is provided on an "AS IS" basis. 100, Songren Rd., Xinyi Dist., Taipei City 110, Taiwan. /F1 27 0 R /CS /DeviceRGB In the run-up to the congress, the authorities will be keener than usual to maintain tight control and to crack down on those threatening social stability or seeming to challenge the Partys control. /StructParents 7 Recent events denote a much different geopolitical landscape than what was originally expected when Russia launched its full-scale invasion of Ukraine one year ago. Although the opposition is unified, ANR continues to be the strongest party in the country, which increases Peas electoral chances. China remains a market capable of creating high expectations and even larger surprises. Our thought leadership in investing, risk management, portfolio construction and trading solutions. /F6 50 0 R What has weakened, perhaps, is the conviction that Western punishment for military action against Ukraine will extend beyond economicsanctions. On Feb. 24, the Russian armed forces invaded Ukraine, starting a military conflict of a magnitude not seen in Europe since the end of World War II. Note: European Central Bankmeetings shown are those accompanied by press conferences. The G20 Leaders Summit will take place in New Delhi (India). Politicking is likely to persist in the coming months. Track the status of job markets across the US through online job listings. Nigeria too will struggle to arrest the trend of insecurity that has spread from its northeast to its northwest, and the challenge to central authority that has emerged in the south. Fitch Solutions welcomes you to our annual World of Worries which will be held as a virtual event featuring a live virtual panel, interactive polling and a live Q&A session. >> After political parties failed to agree on the formation of the next government, the president scheduled another round of snap elections the fifth elections since April 2021. /Image43 39 0 R /Image39 33 0 R US President Joe Biden enters 2022 with low approval ratings, with voters blaming his government rather than the Fed for elevated inflation. This refers to when Turkey (formerly Ottoman Empire) as part of a First World War agreement formally renounced claims to Mosul province, Cyprus and other territories in the Eastern Mediterranean. Listen. /F11 57 0 R Covering all aspects of labor markets, from monthly development to long-term trends. Innovations in trade technology, e-commerce and insuretech | Rethinking local currency | LMA's new buyer credit facility. /F14 73 0 R Wednesday, 22nd September 2021. 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