The new geopolitical economy
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The impacts of the recent blockade on the Strait of Ormuz, a route responsible for 20% to 30% of the world's transport of oil, gas and fertilizers, demonstrate how dependence on fossil fuels generates costs for the global economy. In addition to logistical and geopolitical issues, the increase in commercial protectionism interferes in the global macro-economy, highlights the Commission's study [...]
The new geopolitical economy
This analysis was written for a Spring 2026 Special Report on the repercussions of conflict on local economies For a group that is as notoriously divisive in their analyses and divided in their predictions as the global top-gun advisory class of economists, the consensus is glorious. The current global economic climate worries all expert voices into pointing to gathering storms of universal uncertainty. But this unanimity on the global economy i…
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