Annual

We expect most of the world to adopt a "live-with-COVID" strategy that seeks to keep economies as open as possible and to avoid the recession-provoking policies of 2020 and parts of 2021.

Uncertainty surrounding the outcome of the U.S. presidential and congressional elections will shape the actions and decisions of countries around the world in 2020. A contentious election year in the United States means that even as other nations deal with their own domestic, regional and global concerns, they must take into account the opportunities and risks in decisions that overlap U.S. interests, considering the possible dramatic post-election change in U.S. posture