Strategically positioned between the US and Asia, the GCC relies heavily on governments and markets in both regions for policy support, investment, and commodities demand. As China and the US double down on opposing trade positions in their pursuit of global economic hegemony, the GCC risks getting caught in the crossfire, according to Ayham Kamel, Practice Head for MENA at Eurasia Group.
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But some of the momentum will be lost over the coming weeks as the impact of the global slowdown in trade and economic activity resonates through Latin America, Itau analysis indicates.
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Mark Mobius, Director of Mobius Capital Partners gives his outlook for 2020
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Dec 13, 2019