Europe
Slow at first to pick up on the disruptive nature of battery technology, Europe is now aiming to give the industry a boost. The U.S. and Asia, especially, have a head start. The stakes are high: if Europe loses out, not only could it suffer economically, it could also lose geopolitical influence to China.
Central & South America
Argentina’s President Mauricio Macri is in a tight spot at the start of the election year. His government presides over cuts to public spending, including politically sensitive social protection programs, under the conditions of a lifeline deal with the IMF. Mr. Macri’s hopes for inducing growth by restoring Argentina to the good graces of the financial markets and attracting significant foreign investment are yet to materialize. But not all is lost for the pro-market reformer in Buenos Aires.
Russia & Central Asia
The rise of President Shavkat Mirziyoyev to power in Uzbekistan has brought with it economic reform and billions of dollars in new investment. The country desperately needs foreign partners, both to diversify its economy and strengthen its military. China and Russia, respectively, have stepped in to play these roles. At the same time, the U.S. is withdrawing from the region. As the influence of Beijing and Moscow grows, President Mirziyoyev’s options will shrink.
Recommended Reports
Free reports
Potential conflict between Asian giants