Big geopolitical crisis in 2018 could happen: Eurasia Group

Hong Kong

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.