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Where does world stand in 2017

Geopolitical risks continue to be dicey as U.S., China and Russia jostle for spheres of influence. The unstable global order is here to remain. The lethality of terror attacks is wet to increase with new and improvised ways and means coming into play. Cyber threat is the buzz word across the globe. The global economy continues to languish in a low-growth trap. Increasing unemployment and widening inequality will worsen this situation.

In such an environment, nationalism and populism will dictate the course of events. A desire to change the status quo and unpredictability will rein the global stage. With Donald Trump s election, the world may see a xenophobic hysteria with consequent repercussions and a return to the era of insular policies. Protectionism and opposition to open borders and free trade will rule the roost. The unpredictability of what Mr. Trump might do during his presidency exacerbates the instability in the country and the world. He might roll back quite a few of the climate change initiatives agreed to by the incumbent President Obama. More interesting and anticipated is how he will deal with foreign relations with Russia or China. Probably, terrorism will be dealt with more seriousness if anything concrete is to come out of Mr. Trump s idea of a  Coalition of the Willing . Brexit has unbalanced the Europe a bit, which is working hard to deal with hangover of economic recession and mass migrants from West Asia and confronting with other dangers such as threat to its democratic policies and polarization. With increasing terror attacks and death tolls, terrorism will continue to remain a dangerous threat as it was in previous two years. 2017 may find the world in a messier place.


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