Apart from the dark clouds hovering in the United States, geopolitical risks are mounting in various parts of the world. We started 2014 with a possible escalation of conflict between Russia and Ukraine. We are ending the year with an Ebola outbreak in Africa and an upsurge of ISIS in the Middle East.
So, you will realize I have gone through the trouble of first raising these murky international matters as they are early warning signs for global financial markets. Developments on  BIS central bankers’ speeches  1  battlefields across the world can have an impact on our small island state.