2024 Marked by Global Conflicts and Historic Elections
Business leaders grapple with geopolitical risks as major conflicts escalate and nearly half the world's population prepares to vote.
- Three major conflicts are threatening global peace in 2024: Russia-Ukraine, Israel-Hamas, and internal strife in the United States.
- Geopolitical risks have topped the list of concerns for business leaders in 2024, a shift from not even making the top 5 in 2022.
- Despite the risks, many business leaders are not seriously considering altering business strategy or asset allocation.
- 2024 will see more people go to the polls than in any one year in human history, with elections in many systemically- and geo-strategically-significant countries like the US, India, Mexico, Taiwan, and Russia.
- US-China relations are expected to be more stable in 2024, despite ongoing tensions.