Geopolitical headlines infiltrate news feeds on a daily, if not hourly, basis. The challenge? Separating the signal from the noise — identifying what matters and what’s coming next. In the first episode of our regular series on geopolitics, Tom Donilon, Chairman of the BlackRock Investment Institute and former U.S. National Security Advisor, discusses the geopolitical risks that will shape the year ahead and offers lessons learned during his time working for three U.S. presidents.

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7: Geopolitics update: Key themes for 2019