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2024 Marked by Global Conflicts and Historic Elections

Business leaders grapple with geopolitical risks as major conflicts escalate and nearly half the world's population prepares to vote.

Overview

  • Three major conflicts are threatening global peace in 2024: Russia-Ukraine, Israel-Hamas, and internal strife in the United States.
  • Geopolitical risks have topped the list of concerns for business leaders in 2024, a shift from not even making the top 5 in 2022.
  • Despite the risks, many business leaders are not seriously considering altering business strategy or asset allocation.
  • 2024 will see more people go to the polls than in any one year in human history, with elections in many systemically- and geo-strategically-significant countries like the US, India, Mexico, Taiwan, and Russia.
  • US-China relations are expected to be more stable in 2024, despite ongoing tensions.