In today's world, nations are becoming increasingly interconnected by air, land, sea and cyberspace. As globalization has knitted countries and continents closer together, the borders of the map and the barriers of geography have been rendered, in some ways, obsolete. Now events in one region can more easily have consequences in another, at times even rippling across the globe. We explore those with the greatest impact on international decision-making during the forecast period below.
Mar 8, 2018 | 18:33 GMT
As U.S. President Donald Trump's 2018 trade agenda put it, "these are exciting times for U.S. trade policy." That may be the understatement of the year.
The White House's economic assault against China will cause collateral damage around the globe, but on their own, tariffs will likely do little to solve the United States' perceived trade deficit problem.
As concerns about data privacy and corporate monopolies give rise to new regulations in the West, China will pump its resources into the development of strategic technologies to try to catch up with the United States.
Cryptocurrency regulations will proceed apace while more and more countries experiment with the perks of state-backed cryptocurrencies, including insulation from sanctions and diversification away from the dollar.
United in their goal of countering the rise of U.S. shale, global producers led by Saudi Arabia and Russia will extend their production cuts and work toward a more enduring cooperation deal.