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One obviously is the Trump presidency. He is the most unpredictable man and leading a $30 trillion economy, the world's most powerful country, adds a significant bit to the uncertainty. Secondly, the US fiscal and monetary policy would also be a key driver of volatility in the markets. Currently, if you see, US is running a 6.5% fiscal deficit.
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Bangladesh is investigating former leader Sheikh Hasina and her family for corruption, including misappropriating land and embezzling funds. Hasina left Bangladesh for India amid protests. An extradition request has been made. India has not yet responded. Hasinas son denies the allegations. The investigation adds further strain to Bangladesh-India relations.
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Osamu Suzuki, the long-serving president and chairman of Suzuki Motor Corp., has passed away at the age of 94 due to lymphoma. Known for his global expansion strategies, he propelled Suzuki's dominance in India and formed alliances with General Motors and Volkswagen. He also oversaw the company's foray into the minicar market.
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