2018 Feels Ripe for Big Unexpected Crisis, Eurasia Group Says

This year could see a geopolitical crisis on the scale of assessments of financing of the crash a decade ago, Eurasia Group alarmed in its annual outlook. Describing world political challenges as “daunting,” the New York-based government peril consultancy “re…

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Trump Bonds With Duterte Over Their Dislike of Obama, Avoids Human Rights

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China Makes Historic Move to Open Market for Financial Firms

China took a major step toward the long-awaited opening of the financial services organisation, saying it will remove foreign possession restrictions on banks while allowing overseas the company to take majority posts in neighbourhood protections speculations, money managers and insurers….

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Chinas Xi Promotes No Clear Heir, Opening Door to Stay in Power For Decades

Chinese President Xi Jinping unveiled a brand-new leader line-up that didn’t include a clear possible heir, breaking with a quarter-century-old inheritance system and developing the opportunities that he might seek to stay in place beyond 2022. Key Takeaways: * Although…

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S&P Cuts Chinas Credit Rating, Citing Risk From Debt Growth

S& P Global Ratings chipped China’s sovereign credit rating for the first time since 1999, citing health risks from rising pay, and reworked its outlook to stable from negative. The sovereign rating was chipped by one stair, to A+ from…

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