An illustration from a sixteenth-century German book on the cosmos depicts an old man penetrating the earth's firmament to see the workings of the universe beyond, circa 1550.
I'd like to first take this opportunity to thank you and our readers around the world. As we approach the end of the year, it is usually a time for all of us to reflect on the past and look forward to the future. Over the last few years, geopolitics (and the associated concept of geopolitical risk) has become quite the common buzzword in many circles, especially as people try to comprehend the shift in the international system we are all now witnessing. For us this is not new -- it has been our mission for over two decades. As we discuss in our 2019 Annual Forecast, the path forward will not be a straight line, but if you know how to focus on the horizon and not just the next few steps ahead, you will never be lost. This is the core of all of our work -- our assessment of...
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