Geopolitics now a key financial risk, but let us avoid the hype

Geopolitical risk creates uncertainty, and this weighs on economies and financial markets. PHOTO: REUTERS
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SINGAPORE - Businesses and investors in Singapore and worldwide will need to contend with rising adverse geopolitical events and associated risks in the coming years.

That is according to virtually all 2023 outlook reports from asset managers and investment bankers who are now looking at the challenges to free trade and foreign investment as a multi-year trend, and not something singularly driven by irrational politics of populist leaders.

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