- Daily Brief
- June 20, 2019
Without US economic power backing it, the WTO could become a toothless tiger.
Iraq’s shaky new coalition government has a fiscal window to address major problems.
As the war draws to a close, the major players will try to consolidate their positions.
Local elections will not offset anger over border clashes, insurgencies, and corruption.
Savvy diplomacy should boost the economy but domestic tensions will persist.
The stand off between the economic giants will continue unless an unlikely win-win solution is found.
The downward spiral of US-China relations will increasingly focus on 5G tech.
Domestic distractions and Chinese demands will slow progress on the draft agreement.
The US and its allies will find their military options increasingly curtailed by China’s defensive plans.
Tehran will probably refrain from confronting the US due to domestic considerations.
Bluster and limited sanctions will be the hallmark of the US-Saudi relationship in 2019.
Crisis-prone Euro states will push for more stringent rules while limiting their loss of sovereignty.