Geopolitics Revolving Axis

In the last week, the world of geopolitics has moved so many times that it is difficult for everybody to keep up with everything that is happening. 

The first event was the USA-UK trade deals, which clarified that a 10% tariff is an alternative and that the world before is not returning. This would result in many calculations of the best case being removed. 

The second event was the action taken by India against the terror attack on April 22nd. This resulted in an escalation to higher levels with Pakistan, which only got diffused over the weekend. 

The third event was China and the USA meeting in Switzerland for the first time after tariff hikes. Post the discussions, a positive message was conveyed by both sides, and the details of the outcomes will be shared today. 

Fourth even was USA Iran fourth round discussions relating to nuclear agreement. Even that resulted in a positive message post the discussions. 

The fifth and final event was Europe and UK leaders meeting Ukraine and proposing a 30-day ceasefire with talks on a truce. This was backed by the USA, and the Russian President also mentioned that it’s ready to talk directly in Istanbul on 15th May.

All these movements have occurred in such a short time that the ground reality of each of these looks like a distant memory. This means we enter a crucial week that might create a positive momentum or result in failed hope. The result on any side will surely impact global financial markets and volatility.