As It Happens: Global economy | Philstar.com : comparemela.

The Economist Intelligence Unit launches a new report which identifies an outbreak of hostilities in the South China Sea due to territorial disputes and a major military confrontation on the Korean Peninsula as among the top 10 risks to the global political and economic order.

The EIU report also cites that the two top risks are a prolonged fall in major stock markets that destabilizes the global economy and a trade war provoked by US protectionism.

The report details how the various risks could morph into threats that may destabilize large parts of the world. 

Related Keywords

Shanghai , China , United States , Hong Kong , Paris , France General , France , United Kingdom , Shenzhen , Guangdong , Beijing , Russia , South China Sea , Brunei General , Brunei , Ukraine , San Francisco , California , Manila , Philippines , India , Wyoming , Frankfurt , Brandenburg , Germany , South Korea , New York , China Point , Tawi , Japan , Tokyo , Texas , Iran , Washington , Florida , Khurais , Ash Sharqiyah , Saudi Arabia , Manchester , London , City Of , Abqaiq , Jackson Hole , North Korea , America , Saudi , Chinese , Britain , French , German , British , Japanese , American , Yoshihiro Ito , Angela Merkel , Donald Trump , Sibeth Ndiaye , Mario Draghi , David Madden , Mark Carney , Alan Turing , Abu Dhabi , Li Keqiang , Jean Claude Juncker , Boris Johnson , Toshikazu Horiuchi , Jerome Powell , James Bullard , Philip Hammond , Yoshihiro Okumura , George Osborne , Benoit Coeure , Narendra Modi , Christine Lagarde , Steven Mnuchin , Saudi Energy , International Monetary Fund , Energy Intelligence , St Louis Federal Reserve Bank , Us Commerce Department , European Central Bank , Eu Commission , Council On Foreign Relations , People Bank , Chinese Commerce Ministry , European Union , Facebook , Nissan , Sterling , Organisation For Economic , Drug Administration , Federal Reserve , Commerce Department , World Energy Congress , Saudi Basic Industries Co , Industry Museum In Manchester , Office For National Statistics , Ministerial Monitoring Committee , Regional Economic , West Texas Intermediate , Federal Reserve Chairman Jerome Powell , World Economic Outlook , Hang Seng , Shanghai Composite Index , Shenzhen Composite Index , Texas Intermediate , North Sea , Wall Street , Hang Seng Index , British Prime Minister Boris Johnson , Energy Minister Prince Abdulaziz , Tadawul All Shares Index , Prince Abdulaziz , King Salman , Joint Ministerial Monitoring Committee , Chibagin Asset , President Donald Trump , Secretary Steven Mnuchin , World War , Industry Museum , New York Dow , Financial Times , Online Securities , South American , Foreign Relations , Prime Minister Narendra Modi , Reserve Bank , National Statistics , Chancellor Angela Merkel , Chinese President Xi Jinping , Emmanuel Macron , President Jean Claude , Economic Co Operation , Economist Intelligence Unit , Korean Peninsula , ,