Big geopolitical crisis in 2018 could happen: Eurasia Group
New York political risk consultancy says China's influence and Iran-US tensions pose risks
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THE YEAR 2018 could see a geopolitical crisis on the scale of the financial crash a decade ago, Eurasia Group has warned in its annual outlook.
Describing global political challenges as "daunting," the New York-based political risk consultancy said the world is "now closer to geopolitical depression than to a reversion to past stability". It said the biggest uncertainty surrounds China's move to fill a vacuum as US influence continues to decline, stoking tensions between the two powers.
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