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Geopolitics was not widely viewed as a key trigger for the turmoil in international financial markets this month. However, several potential political fissures might yet emerge in 2024, including in the Middle East, bringing greater economic disequilibrium in their wake.

There are major political differences between the Labour government that was elected on July 4 and its Conservative predecessor which gained power in May 2010. However, one common challenge that each faced on day one was that of a troubled economic inheritance.

Many governments still believe that hosting major sporting contests commands significant prestige, yet that assessment may be sorely tested with the huge challenges facing the ongoing Olympic Games in Paris.

Western leaders this week marked the 75th anniversary of NATO. Yet most of the attention during the organization’s annual summit in Washington was focused on US President Joe Biden.

American writer Mark Twain is widely credited as the originator of the phrase: “History never repeats itself but it often rhymes.” This alludes to the potential patterns that can be observed in certain events over time.

Almost 850 days into the war in Ukraine, a sustainable deal to end the conflict seems as distant a prospect as ever, despite a peace summit in Switzerland last week attended by representatives of about 100 nations.

The G7 was created amid the instability of the 1970s to monitor developments in the world economy. Yet, its role as a geopolitical lynchpin has long been key to a function that has been highlighted at the Italian leadership summit this week.