At the same time, it recognizes the need to address these geopolitical tensions.

Sunni Shia tensions tend to rise sharply during geopolitical power struggles, such as in Iraq in 2006 2008.

Moreover, there are broader geopolitical tensions in the Middle East that will not ease and that might intensify.

We continue to face strong headwinds originating from the deepening European debt crisis, as well as geopolitical tensions in the Middle East.

Disruptions in oil production in the Gulf of Mexico in September 2004 further tightened supplies, as did geopolitical tensions in Iraq, Nigeria and Venezuela.

It is against this background that the Iranian nuclear program has come to symbolize the larger geopolitical tensions underlying the confrontation between the US and Iran.

Continuing geopolitical tensions combined with refining and distribution industry bottlenecks caused tight supply conditions for light products, which were coupled with high oil demand throughout 2004.

Indeed, the main question for 2007 is whether macroeconomic volatility will continue to decline, fueling another spectacular year for markets and housing, or start to rise again, perhaps due to growing geopolitical tensions.

Yes, financial markets in troubled countries for example, Russia s currency, equity, and bond markets have been negatively affected. But the more generalized contagion to global financial markets that geopolitical tensions typically engender has failed to materialize.

The Geopolitical Message from Libya

Tensions mounted.

In that case, Greece s geopolitical position would be weakened, its economy would sink further into recession, and social tensions would rise. Moreover, instability would become chronic, because the eurozone would no longer offer a backstop for fiscal and financial laxity.

The Geopolitical Impact of Cheap Oil

Finally, serious geopolitical risks loom large.

Shifting geopolitical power also breeds uncertainty.

That adds up to a tough reform agenda made all the more challenging by adjustment fatigue, increasingly fragmented domestic politics, and rising geopolitical tensions. In this context, a determined shift toward markedly higher and more inclusive global growth is far from guaranteed.

But, beyond ethics, there are geopolitical considerations.

The Geopolitical Consequences of the Financial Crisis

There are two major geopolitical uncertainties as well.

The reasons for Europe s defection are eminently geopolitical.

The reasons for this geopolitical aberration are complex.

Trade tensions continue to mount.

Tensions are on the rise.

From a broader geopolitical perspective, the situation becomes alarming.

BERLIN Russia and the European Union are geopolitical neighbors.

Moreover, currency tensions will remain high.

Indeed, it is already creating tensions.

And regional tensions are running high.

Tensions will arise from such interactions.

But there are geopolitical risks in this scramble for development.

Major economic and geopolitical concessions were offered to both suitors.

Similar dithering is apparent at the geopolitical level as well.

Today most people recognize Kazakhstan as an emerging geopolitical player. Why?

At this stage, one can only speculate about the geopolitical effects.

Naturally, there may be a touch of geopolitical calculation about this.

The conflict in economic policy is spreading to the geopolitical sphere.

Furthermore, trade tensions could weaken political ties.

Territorial disputes have exacerbated these tensions significantly.

Tensions are rising over currencies as well.

Iranian Turkish tensions reflect three larger realities.

Netanyahu thinks in bold military terms, not in terms of geopolitical strategy.

Two decades ago, geopolitical conditions limited blowback from America s foreign policy vacuum.

Such a decision would have a strongly positive economic and geopolitical impact.

The increasing economic weight of Asia is also a geopolitical game changer.

By this time, the geopolitical situation in Southeast Asia had changed dramatically.