GEOPOLITICAL RISKS DASHBOARD

Source: BlackRock Investment Institute

High Risk

THE U.S. CHIPS AND SCIENCE ACT

  1. $52.7 billion for chip manufacturing and research
  2. $39 billion over five years to expand domestic semiconductor manufacturing. It will provide companies incentives to build, expand and modernize US facilities and equipment.
  3. New 25% tax credit for companies that invest in semiconductor manufacturing equipment or the construction of manufacturing facilities.
  4. Private companies that receive financial assistance will be restricted from expanding certain chip manufacturing in China for 10 years.

WHY BANNING RUSSIANS FROM SCHENGEN IS UNLAWFUL

Prime Minister of Finland, Sanna Marin, asked for an EU-wide ban for Russian citizens from Schengen, targeting tourists with Russian passports more specifically. “It’s not right she said that at the same time as Russia is waging an aggressive, brutal war of aggression in Europe, Russians can live a normal life, travel in Europe, be tourists.

CRIMINAL STATUTES THAT COULD APPLY TO TRUMP’S RETENTION OF GOVERNMENT DOCUMENTS

18 U.S.C. 1924 – Unauthorized Removal and Retention of Classified Documents or Material

Section 1924 makes it a crime to knowingly remove classified documents with the intent to retain them in an unauthorized location. There are a few problems with this statute, however, as applied to Trump. 

OFFICIAL INVESTIGATIONS AND CIVIL LAW SUITS AGAINST TRUMP

  1. Federal criminal investigation into White House records removal: Possible violations of laws related to the Presidential Records Act and the handling of classified material. Federal law bars the removal of classified documents to unauthorized locations. To bring criminal charges against Trump, investigators would need to prove he acted knowingly.

GENERAL GOVERNMENT EXPENDITURE ON FIRE-PROTECTION SERVICES IN THE EU

In 2020, general government expenditure in the 27 EU Member States on "fire protection services" amounted to €32.9 billion, a 6.4% increase from 2019, when expenditure was around €30.9 billion.

% of total expenditure 2020

0.1%

  1. Denmark

0.2%

  1. Iceland

0.3%

  1. Belgium
  2. Malta
  3. Austria
  4. Portugal
  5. Slovenia
  6. Switzerland

0.4%

RUSSIA’S FABRICATED NARRATIVES

Russia spreads disinformation, distorts history for its own political purposes and promotes hugely damaging false narratives and disinformation about neighboring countries. Russia engages in information warfare with the goal to divide and polarize society, tear it apart, fragmentize it, incite hatred and infighting, initiating a struggle for destruction, or fuse the aggression and direct it against the current government.

GENOCIDE IN UKRAINE

There are reasonable grounds to believe Russia is responsible for (i) direct and public incitement to commit genocide, and (ii) a pattern of atrocities from which an inference of intent to destroy the Ukrainian national group in part can be drawn; and 2) the existence of a serious risk of genocide in Ukraine, triggering the legal obligation of all States to prevent genocide.

THE FUTURE OF THE GLOBAL ORDER

Author: Colin I. Bradford, Nonresident Senior Fellow- Global Economy and Development.

G-20 COUNTRIES THAT DID NOT SANCTION RUSSIA

  1. Argentina
  2. Brazil
  3. China
  4. India
  5. Indonesia
  6. Mexico
  7. Saudi Arabia
  8. South Africa
  9. Turkey

 

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