Week Ahead in Geopolitics: Iran Blockade and US-EU Decoupling | Global Geopolitical Foresight
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Geopolitical expert Abishur Prakash ("Mr. Geopolitics") presents his latest "Week Ahead in Geopolitics," touching on new US tariffs on Europe, a drawdown of American soldiers in Germany, Croatia's fuel crisis, Pakistan's land-trade with Iran, and EU-China trade tensions.
Summary:
Western Decoupling: The UK has announced it will create a “naval force” with nine European nations, including Nordic and Baltic states, to defend against Russian aggression. In tandem, the US is raising tariffs on EU vehicles to 25% and is pulling 5,000 soldiers from Germany (while also debating reductions in Italy and Spain).
Broken Tourism: Officials in Croatia are warning that the energy crisis, linked to the Strait of Hormuz, could upend the summer tourism season. On the back of the Iran war, a global tourism crisis may be forming, exacerbating global economic challenges
Risky Trade: Pakistan has opened six land-based trade routes to move goods into Iran, mainly from “third-party” nations. The move comes after Pakistan held US and Iranian delegations for peace talks, and as America debates whether to renew strikes on Iran in order to bring them to the negotiating table.
Red Rivalry: As the EU moves forward with two bills, “Made in Europe” and the “Cybersecurity Act”, both of which threaten to restrict China’s footprint in Europe, the Chinese government is warning of major retaliation. In the backdrop of the tensions, a new report warns of Europe’s immense reliance on Chinese green tech, including that China supplies 98% of Europe’s solar panels.
Expert Perspective: Analysis by Abishur Prakash, one of the world's leading geopolitical experts and strategists. This insight, "Week Ahead in Geopolitics," shows executives and policymakers how geopolitical risks could play out.
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