Highlighted the political risks that could shake global markets in 2019
Wall |
The withdrawal of political risks to the world's sky in 2018 amid uncertainties threatens to cast its shadow on global economic growth next year, which was followed by many warnings for its future.
Here is a look at the political flash points that could hinder growth and increase the pain of the global economy next year.
Expected controversy within the US Congress
The change of control in the House of Representatives after last November's election, which gives the Democrats the legislative power for the first time in eight years, complicates the political image of the United States in the next two years.
The Democrats' takeover of the House of Representatives could open the way for investigations into President Donald Trump's condemnation, presidential campaign and family work, although if charges go so far, Trump's final fate will lie with the Republican-dominated Senate.
Assuming a clash between Democrats and Republicans and the Trump administration, the United States is on the verge of a two-year stalemate, says Ulrich Lichtman, analyst at Commerzbank.
Thus, democratic laws will die from the House of Representatives in the Senate and Republican ideas will end from the Senate in the House of Representatives
So there may be no hope of additional tax cuts and increased spending on infrastructure, but the preparation for periodic spells of political drama and the closure of the government that has already begun and threatened Trump to lengthen, which would disrupt its basic functions and cast a shadow over the economy.
There will be a great challenge to lead both parties to pass bills to finance government and other operations. But while the disagreement within Congress is not necessarily bad for the economy, if no good legislation is passed, there will be nothing harmful.
But is the main political threat to the economy "psychologically to some extent." Will the rhetorical and legal wrangling between the parties in Congress and the Democratic Party and the Trump administration become so severe as to undermine the optimism of the country's business and consumers? "According to Giuseppe Tervesani, "He said.
If one thing Democrats and Republicans agree on is that China's rise poses a challenge to the entire United States, Trump may use this common ground in Congress to gain support in the upcoming presidential election by tackling Beijing and curbing its technological and commercial practices.
In addition, the US president faces a major challenge to win the support of citizens, while a recent poll by the Independent newspaper showed that 60 percent of Americans do not want Trump to be president in 2020.
Unusually in campaigning, Trump launched early in early 2017, raised funds from donations and launched two ad campaigns for the 2020 presidential race under the slogan "Save America."
Internal conflict in the European Union
The European Union enters in 2019 and its lobby is full of problems and political issues in the four largest economies within the bloc.
The British political scene over the UK's exit from the EU on the world stage was overshadowed by uncertainty as to how it would approach March 29.
The main point on the bricast is the British parliament's scheduled vote in mid-January. Its decision would determine the fate of the exit agreement after it was backed by the European Union, which decided to raise its hand and throw the ball at the British prime minister's court.
It is true that the concessions come at the last minute, but the unfavorable bricast deal will have a negative impact on the economy, which could be in the worst-case scenario, the UK economy shrank by 8% within months of the date of exit, according to the Bank of England.
In Rome, the populist government is struggling to get approval from the Italian House of Representatives on the draft budget before it puts 2018 after winning Senate support following an agreement with the European Commission after a months-long dispute.
Meanwhile, in Europe's largest economy, attention has shifted to Angela Merkel's successor, Anjrit Kramp Karinbauer, in the Christian Democratic Union party, especially on the issue of immigration, and how to cooperate with Merkel until her term ends in 2021 after she announced her intention to run again for the post.
Just a few weeks ago, the bloody protests in France, known as the "yellow jackets," which could lead to a decline in the economic growth of half according to the National Statistics Institute, with the recent measures taken by French President Emmanuel Marcon to appease the demonstrators. The French fiscal deficit is making it into a clash with European Union rules.
Elections determine the fate of emerging markets
Next year many emerging economies will see major elections, which may have far-reaching effects on their political position and the stability of their markets.
Among those who will go to the polls are countries led by Argentina, India, Indonesia, South Africa and Nigeria.
"The theory is very simple," said Anthony Peters, an independent analyst at Blocx. "Emerging market assets have already suffered severe losses, so the downside if things get worse is little. If things recover, they have the potential to return. Strengthen itself again ".
Despite statements by the US Treasury Department that it is ready to lift sanctions on one of Russia's largest companies, United Rosal, investors will be wary of Congressional moves if the investigation of Robert Mueller's Kremlin intervention in the 2016 US election confirms this, New sanctions, including restrictions on the circulation of debt or sovereign Russian banks.
But China remains the biggest issue in emerging markets because of its trade dispute with the United States. Chinese President Xi Jinping still defies Washington, telling some of the country's most powerful military and trade figures that Beijing will not bow to US trade and investment demands quickly, "He said.
The United States and China signed a three-month trade truce agreement to study how to end the trade dispute.
Source: Mubasher
Today at 10:04 am by Rocky
» Al-Alaq: The monetary situation in Iraq is excellent and our reserves support the stability of the e
Today at 8:29 am by Rocky
» utube 11/23/24 MM&C Reporting-Expectations are High-IMF-Flexible Exchange Rate Regime-Pr
Today at 6:33 am by Rocky
» utube 11/25/24 MM&C MM&C Iraq News-CBI Building Final Touches-Oil Exports-Development Road-Turkey-B
Today at 6:33 am by Rocky
» Parliamentary movement to include the salary scale in the next session
Today at 5:11 am by Rocky
» Parliamentary Finance Committee reveals the budget paragraphs included in the amendment
Today at 5:10 am by Rocky
» Al-Maliki calls on the Bar Association to hold accountable members who violate professional conduct
Today at 5:08 am by Rocky
» Politician: The security agreement with America has many aspects
Today at 5:07 am by Rocky
» Kurdistan Planning: More than 6 million people live in the region, the oldest of them is 126 years o
Today at 5:05 am by Rocky
» Al-Alaq: Arab consensus on the role of central bank programs in addressing challenges
Today at 5:03 am by Rocky
» Economics saves from political drowning
Today at 5:02 am by Rocky
» Agriculture calls for strict ban on import of "industrial fats" and warns of health risks
Today at 5:01 am by Rocky
» Iraq is the fourth largest oil exporter to China
Today at 5:00 am by Rocky
» Railways continue to maintain a number of its lines to ensure the smooth running of trains
Today at 4:59 am by Rocky
» Parliament resumes its sessions tomorrow.. and these are the most important amendments in the budget
Today at 4:58 am by Rocky
» Bitcoin Fails to Continue Rising as It Approaches $100,000
Today at 4:57 am by Rocky
» Minister of Planning: There will be accurate figures for the population of each governorate
Today at 4:56 am by Rocky
» Popular Mobilization Law is ready for voting
Today at 4:54 am by Rocky
» Mechanisms for accepting people with disabilities into postgraduate studies
Today at 4:52 am by Rocky
» Government coordination to create five thousand jobs
Today at 4:51 am by Rocky
» Transport: Next month, a meeting with the international organization to resolve the European ban
Today at 4:50 am by Rocky
» Census is a path to digital government
Today at 4:49 am by Rocky
» Calls to facilitate loans and reduce interest rates for the private sector
Today at 4:47 am by Rocky
» The launch of the third and final phase of the "population census"
Today at 4:46 am by Rocky
» Al-Sudani: We have accomplished a step that is the most prominent in the framework of planning, deve
Today at 4:44 am by Rocky
» Justice discusses modern mechanisms to develop investment in real estate and minors’ money
Today at 4:43 am by Rocky
» Dubai to host Arabplast exhibition next month
Today at 4:41 am by Rocky
» Al-Tamimi: Integrity plays a major role in establishing the foundations of laws that will uphold jus
Today at 4:39 am by Rocky
» Reaching the most important people involved in the "theft of the century" in Diyala
Today at 4:38 am by Rocky
» Transportation: Completion of excavation works and connection of the immersed tunnel manufacturing b
Today at 4:36 am by Rocky
» Between internal and regional challenges... Formation of the Kurdistan government on a "slow fire" a
Today at 4:35 am by Rocky
» Kurdistan Region Presidency: We will issue a regional order to determine the first session of parlia
Today at 4:34 am by Rocky
» The Minister of Foreign Affairs announces the convening of the Ambassadors Conference tomorrow, Mond
Today at 4:33 am by Rocky
» Al-Sudani: Iraq must always be at the forefront
Today at 4:32 am by Rocky
» Al-Mashhadani: We support the Foreign Ministry in confronting any external interference that affects
Today at 4:31 am by Rocky
» Al-Sudani chairs meeting with Oliver Wyman delegation
Today at 4:29 am by Rocky
» Half a million beggars in Iraq.. 90% of them receive welfare salaries
Today at 4:27 am by Rocky
» Sudanese announces preliminary results of the general population and housing census in detail
Today at 4:26 am by Rocky
» The centenary of the Iraqi Ministry of Foreign Affairs.. A journey of challenges and achievements
Today at 4:25 am by Rocky
» Prime Minister's Advisor Announces Assignment of Two International Companies to Study Iraqi Banking
Today at 4:23 am by Rocky
» Agriculture: Integrated Support Project Provides 1,333 Job Opportunities
Today at 4:22 am by Rocky
» The Media and Education Commission discuss introducing advanced curricula related to artificial inte
Today at 4:20 am by Rocky
» Al-Mashhadani’s First Test: Discussing Israeli Threats and Avoiding Controversial Laws
Today at 4:20 am by Rocky
» By name.. A parliamentary bloc reveals that five ministers will be questioned at the end of the legi
Today at 4:19 am by Rocky
» The financial budget is subject to political and economic amendments in the next parliamentary sessi
Today at 4:18 am by Rocky
» Will the government's efforts succeed in ending the electricity crisis in Iraq?
Today at 4:17 am by Rocky
» Baghdad Airport Customs Increased to 400% After Implementing Automation
Today at 4:16 am by Rocky
» EU: Integrated Support Project in Iraq Creates Jobs in Agriculture and Youth
Today at 4:15 am by Rocky
» Al-Sudani attends the centenary ceremony of the establishment of the Ministry of Foreign Affairs
Today at 4:13 am by Rocky
» Al-Mashhadani: We seek to keep foreign policy away from alignments that harm Iraq’s unity and sovere
Today at 4:12 am by Rocky
» The Iraqi government is working to develop a competitive banking system and support the private sect
Today at 4:10 am by Rocky
» Al-Alaq: Arab consensus on the role of central bank programs in addressing challenges
Today at 4:09 am by Rocky
» Regional markets rise in first session of the week
Today at 4:08 am by Rocky
» Kurdistan Region Presidency: We will issue an order to set the first session of the regional parliam
Today at 4:06 am by Rocky
» Political differences hinder oil and gas law legislation
Today at 4:05 am by Rocky
» Government coordination to create new job grades for graduates
Today at 4:04 am by Rocky
» The financial budget is subject to amendments in the next parliamentary session
Today at 4:03 am by Rocky
» Alsumaria Newsletter: Iraq reaches the final stages of the census and Parliament resumes its session
Today at 4:01 am by Rocky
» After the elites and workers... Iranian factories "migrate" to Iraq
Today at 3:58 am by Rocky
» Beggars in Iraq "refuse" welfare salaries.. Their profits are 10 times the salary!
Today at 3:57 am by Rocky
» Amending the Election Law... A Means to Restore the Dilapidated Legitimacy
Today at 3:56 am by Rocky
» Prime Minister announces population census results, Iraq reaches 45 million mark
Today at 3:54 am by Rocky
» Find out the dollar exchange rates in the Iraqi markets
Today at 3:53 am by Rocky
» Kurdistan Interior Ministry: General amnesty does not include those accused of killing women
Today at 3:52 am by Rocky
» utube 11/21/24 MM&C MM&C News Reporting-Global Trade-Best Route in World-Purchase Power-Justice-Cen
Yesterday at 6:58 am by Rocky
» Al-Sudani discusses with the Secretary-General of the Digital Cooperation Organization enhancing dig
Yesterday at 6:56 am by Rocky
» President of the Republic: Partnership with the United States is essential to achieve regional stabi
Yesterday at 6:54 am by Rocky
» Mazhar Saleh reveals details of the 2023 budget and the 2024 budget horizon
Yesterday at 5:18 am by Rocky
» Absent control and rising corruption.. Sudan faces a harsh political winter
Yesterday at 5:16 am by Rocky
» A representative shows the laws prepared for voting during the upcoming sessions.
Yesterday at 5:14 am by Rocky
» Corrupt people in it.. Independent MP criticizes the performance of Al-Sudani's government
Yesterday at 5:13 am by Rocky
» Parliamentary Oil Committee reveals government move to end electricity crisis
Yesterday at 5:11 am by Rocky
» The Administrative Court postpones consideration of the lawsuit on the legitimacy of the Kirkuk gove
Yesterday at 5:10 am by Rocky
» MP: The ministerial reshuffle depends on consensus within the state administration
Yesterday at 5:09 am by Rocky
» Politicians put question marks on Al-Sudani: corruption, espionage and serving foreign interests
Yesterday at 5:08 am by Rocky
» The International Union of Arab Bankers honors the Chairman of the Private Banks Association: A prom
Yesterday at 5:03 am by Rocky
» Industry: Contracts to supply state ministries with food products
Yesterday at 5:02 am by Rocky
» After Shell Withdrawal, American Company Heads to Implement Al-Nibras Project in Iraq
Yesterday at 5:01 am by Rocky
» Revealing the fate of the Chinese deal in Iraq.. It was disrupted by this party
Yesterday at 5:00 am by Rocky
» The Central Bank of Iraq 77 years of challenges and reforms
Yesterday at 4:57 am by Rocky
» "Unprecedented numbers"... American "CNN" talks about tourism in Iraq
Yesterday at 4:56 am by Rocky
» After implementing automation, Baghdad Airport Customs jumps 400 percent
Yesterday at 4:55 am by Rocky
» Iraq participates in sustainable development activities
Yesterday at 4:53 am by Rocky
» Al-Sudani opens 790 model schools
Yesterday at 4:52 am by Rocky
» Parliamentary Culture: The Right to Information Law will satisfy all parties
Yesterday at 4:51 am by Rocky
» Al-Mashhadani to {Sabah}: Tomorrow we will discuss the Zionist threats
Yesterday at 4:50 am by Rocky
» Industry to {Sabah}: Contracts to supply state ministries with food products
Yesterday at 4:49 am by Rocky
» Trade cooperation between Najaf and Isfahan
Yesterday at 4:48 am by Rocky
» {New building} and {electronic systems} to develop forensic medicine
Yesterday at 4:47 am by Rocky
» A specialized center for monitoring the environmental situation in the capital
Yesterday at 4:46 am by Rocky
» International and parliamentary praise for the success of the "population census" process
Yesterday at 4:45 am by Rocky
» The European Union organizes a workshop in Basra on central administration and the wealth distributi
Yesterday at 4:42 am by Rocky
» The Media Authority and the Ministry of Education discuss the importance of enhancing and introducin
Yesterday at 4:41 am by Rocky
» Iraq's oil exports to America rose last week
Yesterday at 4:40 am by Rocky
» Electricity announces loss of 5,500 megawatts due to complete halt of Iranian gas supplies
Yesterday at 4:39 am by Rocky
» Tomorrow.. The Arab League is looking to unify its position against Israeli intentions to strike Ira
Yesterday at 4:37 am by Rocky
» The Central Bank moves its secret vaults to its new building.. Clarification of the truth of the cla
Yesterday at 4:35 am by Rocky
» Network reveals the fate of the Chinese deal.. It was disrupted by "Iraqi officials"
Yesterday at 4:34 am by Rocky
» From the White House to the "Leaders of Iraq"... A Message Regarding the Targeting of Baghdad
Yesterday at 4:33 am by Rocky