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Quarterly ForecastsSep 28, 2020 | 11:00 GMT
2020 Fourth-Quarter Forecast
The last quarter of 2020 will be a waiting game -- waiting for the results of the U.S. election in November, waiting on economic numbers, and waiting to see how the COVID-19 crisis plays out.
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SITUATION REPORTSep 23, 2020 | 20:26 GMT
Malaysia: Opposition Leader Claims to Have Parliamentary Majority
The head of Malaysia's opposition Pakatan Harapan bloc, Anwar Ibrahim, announced Sept. 23 that he has garnered the support of nearly two-thirds of the country's 222 parliamentarians and is planning to meet with monarch Sultan Abdullah Sultan Ahmad Shah to receive permission to form a new government, South China Morning Post reported Sept 23. 
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SnapshotsAug 26, 2020 | 21:36 GMT
The U.S. Expands Its South China Sea Fight to Chinese Firms and Officials
New U.S. restrictions on Chinese companies and individuals involved in supporting Beijing’s actions in the South China Sea still fall short of more extreme options, demonstrating Washington’s desire to avoid derailing outreach to China, even as overall U.S.-China tensions continue to mount. On Aug. 26, the U.S. Commerce Department’s Bureau of Industry and Security (BIS) added 24 Chinese companies to its entities list, which increases U.S. export controls, for supporting the militarization of China's maritime claims in the South China Sea, specifically citing the violation of Philippine sovereignty as upheld by the 2016 Permanent Court of Arbitration ruling. The list of entities includes five subsidiaries of the massive state-owned enterprise China Communications Construction Company, as well as one shipbuilding group and numerous telecommunications and electronics companies. The new export controls coincide with the U.S. State Department announcing it would also impose a visa ban on Chinese nationals found to be
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AssessmentsAug 25, 2020 | 10:00 GMT
A vintage map of the Middle East.
What's Driving Muslim Countries to Normalize Their Ties With Israel?
The waning influence of the pan-Islamism and pan-Arabism movements, combined with increasing U.S. pressure, will cause Oman, Bahrain and Morocco to soon join the United Arab Emirates in formalizing ties with Israel, accelerating a longer-term normalization trend that no longer hinges on the formation of a Palestinian state. The allure of Israel's technology and defense capabilities could also compel other Muslim states with covert ties and limited histories of overt conflict with Israel, such as Pakistan, to follow suit. Israel will, in turn, see expanding global economic ties that strengthen its post-pandemic recovery, as well as stronger regional allies that bolster its position against Iran should the upcoming U.S. election yield a less hawkish administration in Washington.
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SnapshotsAug 19, 2020 | 10:00 GMT
Argentina's New Debt Deal Is Just the First Step in Its Recovery
The deteriorating global and local economic conditions due to COVID-19 paved the way for a breakthrough in deadlocked negotiations between Argentina and its creditors by adding an impetus for debt reduction. Unlike previous rounds of talks that ended in long and acrimonious disputes, negotiations this time yielded a concrete agreement to significantly restructure roughly $65 billion in Argentine sovereign debt. But while the new debt deal is a significant accomplishment, Argentina's economic recovery still depends on President Alberto Fernandez's ability to balance his populist credentials against the need to appease the International Monetary Fund (IMF) and provide a healthy environment for investment by implementing structural reforms. 
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AssessmentsAug 17, 2020 | 10:00 GMT
Steam and exhaust rise from a chemical company's coking plant in Oberhausen, Germany, on Jan. 6, 2017.
What the EU Green Deal Means For Governments and Companies
The European Union will increase pressure on private and public companies to reduce their carbon emissions in the coming years, and will also make significant funds available to help member states transition to cleaner energy. The actual implementation of the ambitious policies laid out in Brussels' Green Deal, however, will be slow and uneven due to the bloc's current pandemic-induced economic crisis, insufficient funding, internal political divisions, and limited access to the technologies needed to create more eco-friendly European economies. 
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AssessmentsAug 5, 2020 | 10:00 GMT
A view of Dubai, the most populous city in the United Arab Emirates, at sunrise.
COVID-19 Risks Robbing Dubai of Its Economic and Political Autonomy
By sapping Dubai's economic growth, the COVID-19 pandemic will also ultimately erode the emirate's political and economic independence from neighboring Abu Dhabi. Without the tools and funding needed to support its own recovery, Dubai will likely be forced to rely on another bailout from wealthy Abu Dhabi, which could impact Dubai's development plans, especially in tourism and finance. 
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SnapshotsJul 28, 2020 | 15:46 GMT
Europe Braces for Another Round of COVID-19 Travel Restrictions
Amid rising COVID-19 cases, the reintroduction of travel warnings and quarantine measures in Europe will undermine economic activity, especially in tourism-dependent countries, leading to a slower recovery in the third quarter. These dynamics will probably force governments to introduce additional stimulus measures, which would further worsen their deficit and debt situations. 
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On GeopoliticsJul 17, 2020 | 09:30 GMT
Mischief Reef in the disputed Spratly Islands on April 21, 2017.
In the South China Sea, Washington Tries to Balance Support and Entanglement
In the recently released U.S. Position on Maritime Claims in the South China Sea, Washington continues to walk a delicate balance between supporting its allies and partners in the region and avoiding entanglement in regional territorial conflicts. The test will come when the United States is called to act upon its more clearly articulated position on Chinese expansionist behavior.
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SnapshotsJul 14, 2020 | 16:31 GMT
What to Make of the U.S. Rejecting China's Claims in the South China Sea
The United States' partial rejection of China's South China Sea claims will add to mounting tensions between the two countries, but will not alone derail their trade deal or upset the status quo of the contested waterway. This marks a shift from the previous U.S. approach of refraining from an official position on specific Chinese claims in the South China Sea, though Washington is still remaining partly neutral by not explicitly backing the overall maritime claims of countries contesting those of China. The waterway, however, will still be a growing site of U.S.-China competition, worsening the two countries' already fraught relationship troubled by Hong Kong, COVID-19, human rights issues and tech competition.
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Quarterly ForecastsJun 29, 2020 | 00:02 GMT
2020 Third-Quarter Forecast
While many of the trends identified in our annual forecast remain slowed down by COVID-19, their pace is picking up as countries carefully emerge from lockdown.
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AssessmentsMay 4, 2020 | 10:00 GMT
Pedestrians wearing face masks cross an intersection in Seoul, South Korea, on April 23, 2020. In the first quarter of 2020, South Korea's economy saw its worst performance in more than a decade as COVID-19 spread across the country.
With Its COVID-19 Outbreak Contained, South Korea Braces for the Global Fallout
As his country's COVID-19 outbreak wanes, South Korean President Moon Jae In is emerging from the battle stronger than ever, though the economic challenges ahead will impede his ability to translate that success into progress on his ambitious reform agenda. In early March, South Korea's epidemic was the worst outside of China, but it has since been far surpassed by COVID-19 outbreaks elsewhere. On April 30, new domestic spread in the country hit the milestone of dropping to zero after topping 10,000 cases overall. Despite its relatively quick recovery from the virus itself, however, South Korea's economic outlook will remain grim even after the rest of the world -- and in particular, its top trade partners in North America and Europe -- join it on the other side of COVID-19. In the meantime, the need to shore up growth amid a deepening global recession will delay Moon's promised progress on economic inequality
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AssessmentsApr 28, 2020 | 11:00 GMT
A Chinese navy formation, including the aircraft carrier Liaoning (C), during military drills Jan. 2, 2017, in the South China Sea.
Even a Pandemic Does not Stop the South China Sea Competition
Numerous reports have raised fears that China is taking advantage of U.S. distraction and the sidelining of two U.S. aircraft carriers in the Pacific due to the COVID-19 pandemic. China had made similar accusations against the United States earlier this year, claiming Washington was exploiting China's pandemic response to advance its own containment strategy. And both are correct in that the pandemic does not appear to have slowed down Chinese or U.S. activities in the region.
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