‘Capital is a coward': A whole new world of elevated risk will stay embedded in global markets, keeping prices higher everywhere [Fortune]
SCHNEIDER ELEC UNSP/ADR (SBGSY)
NASDAQ:AMEX Investor Relations:
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Source: Fortune
the regime, but the world is unlikely to revert to its prewar status quo, according to a geopolitics expert. Recommended Video In a Washington Post op-ed on Thursday, Eurasia Group Chairman and former State Department official Cliff Kupchan predicted the Iranian regime, dominated by successive layers of hardliners, will remain hostile to the U.S. “The end of the war, therefore, is unlikely to usher in a stable peace,” he warned. “That reality means the Strait of Hormuz will become a source of geopolitical risk for a long time—a live wire down the middle of the global economy.” Even if Tehran eventually negotiates away its uranium enrichment program and longer-range ballistic missiles, it will still have drones, mines and fast attack boats that can threaten tankers, Kupchan pointed out. And Iran wouldn't have to use its diminished capabilities very often to scare investors. In fact, despite the U.S. and Israel decimating its military with thousands of airstrikes, the Islamic
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