Posted 1/12/2024, 4:49:00 PM
Geopolitical Tensions Create New Uncertainty for Global Business
- The world has entered a "geopolitical recession" as global power dynamics shift, impacting business
- Rising US-China tensions are rippling across economies more than ever before
- The Russia-Ukraine war and Middle East conflicts are adding to geopolitical uncertainty
- Major state actors like the US and China have gone "off script", reducing credibility
- Geopolitical volatility is hitting businesses with higher costs and market instability