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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. ....
ASIAN markets rose on December 28 following strong gains on Wall Street as investors bet a surge in Covid-19 cases due to the fast-spreading Omicron variant would not derail the economic recovery. ....
Asian markets rose on Tuesday following strong gains on Wall Street as investors bet a surge in Covid-19 cases due to the fast-spreading Omicron variant would not derail the economic recovery. ....