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2018 Feels Ripe for Big Unexpected Crisis, Eurasia Group Says

This year could see a geopolitical crisis on the scale of the financial crash a decade ago, Eurasia Group warned in its annual outlook. Describing global political challenges as “daunting,” the New York-based political risk consultancy said that “if we had to pick one year for a big unexpected crisis — the geopolitical equivalent of the 2008 financial meltdown — it feels like 2018." The biggest uncertainty surrounds China’s move to fill a vacuum as U.S. influence continues to decline, stoking tensions between the two powers, it said. That’s likely to…

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Trump’s $250 Billion China Haul Features Little of Substance

Donald Trump can use to show he’s creating opportunities for U.S. businesses and jobs for his base. The reality, however, is that the roughly 15 agreements unveiled on Thursday are mostly non-binding memorandums of understanding and could take years to materialize — if they do at all. A day earlier, Commerce Secretary Read More: Details on the Deals Trump’s Team Plans to Unveil in China “To me this is an old-style visit when you pile up all the deals so you can to get a big number,” said James McGregor, China…

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Tillerson Says U.S. Talking With North Korea on Nuke Program

The U.S. is communicating with North Korea about its nuclear program and testing Pyongyang’s appetite for negotiations, Secretary of State Rex Tillerson said in the first public acknowledgment by a senior administration official of direct contact on the matter. A State Department spokeswoman later tamped down prospects for a breakthrough in the tense relations between Washington and Pyongyang. Tillerson, speaking to reporters on Saturday after meeting Chinese officials in Beijing, insisted that the U.S. would never accept a nuclear-armed North Korea. His remarks offered the clearest glimpse so far into U.S….

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