Stories by Shane Savitsky

Everything is (relatively) awesome

While current headlines might make you think that geopolitics is going to hell in a handbasket, things right now are better than normal around the world — at least from the market's perspective — according to BlackRock's latest global risk update.

Reproduced from a BlackRock report; Chart: Axios Visuals

The big picture: The respite is largely due to apparent breakthroughs in trade between the Trump administration and the U.S.' traditional allies. But some of the analysis' most impactful risks — like the state of play between the U.S. and China — are also among its most likely to worsen given the uncertainty of current policymaking, leaving the world facing potential volatility.

May's way or the highway for Brexit

British Prime Minister Theresa May
British Prime Minister Theresa May. Photo: Dominic Lipinski/PA Images via Getty Images

British Prime Minister Theresa May issued her most forceful edict yet on Brexit today, telling the BBC that the "soft Brexit" Chequers plan she negotiated in July, which involves keeping close economic ties to the European Union, is the only possible way forward — even though it's "strongly opposed" by the EU.

Why it matters: With just over six months to go until Brexit day, her statement is sure to provoke the hard-line Brexiteers in her own Conservative Party by essentially forcing them to choose between backing her own moderate Brexit vision or a "no-deal" scenario, which could wreak economic havoc on the U.K.

How climate change is driving global hunger

The number of undernourished people around the globe increased to nearly 821 million in 2017, the third straight year of growth and the highest figure since 2009, according to a new report from the UN's Food and Agriculture Organization.

Adapted from Food and Agriculture Organization of the United Nations, "The State of Food Security and Nutrition in the World"; Chart: Axios Visuals

Why it matters: Along with conflict and instability, this rise in global hunger is driven increasingly by climate change and related extreme weather events, putting some of the world's most vulnerable citizens at even greater risk.