Intensity of conflicts

COVID-19 remains in the spotlight. Many European countries, where new cases are declining, have started easing restrictions. In the US, new cases remain stable but the accusation exchange over the pandemic with China continues. The war in Libya and disputes related to Iran have intensified. The UK to initiate trade talks.

Coronavirus hits 180 countries. In the US, the epicenter, strict measures may continue till June. In Europe, it is top priority on the political agenda. G20 announced a united front against the pandemic. Tensions between China and the US due to the virus are easing off. The oil price war triggered a major fall in oil price.

The protests in Iraq, Lebanon and Iran against government policies triggered questions about the regional stability. Hong Kong pro-democracy candidates gained huge victory in local elections. Social unrest in Latin America intensified in some countries and they should be closely monitored.

The US army killed ISIS leader al-Baghdadi. Meanwhile, Turkey brokered separate deals with U.S. and Russia to ensure a safe zone in northern Syria. The UK decided to hold general elections as the EU granted the country a Brexit extension until January 31. The US and China trade war eased with a “phase one” trade deal.