Economics
It’s the ‘Most Volatile’ Year for Political Risk Since WWII, Eurasia Group Says
- Weakened Merkel, China-U.S. tension, Turkey drift in outlook
- Dollar may strengthen amid turmoil: Eurasia Group’s Bremmer
Bremmer: Trump Is Principal Driver of Global Market Risk
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U.S. unilateralism under Donald Trump, China’s growing assertiveness and a weakened German Chancellor Angela Merkel will make 2017 the “most volatile” year for political risk since World War II, according to Eurasia Group.
“In 2017 we enter a period of geopolitical recession,” the New York-based company said in its annual outlook. International war or “the breakdown of major central government institutions” isn’t inevitable, though “such an outcome is now thinkable.”