1. International tensions are reaching boiling point on multiple global fronts at the same time. There is a realistic possibility that this will bring popular unrest, sanctions, acts of aggression or even international conflict.
  2. Brinkmanship in international relations raises the risk of miscommunication, misunderstandings, bluffs or posturing leading to unintended serious escalations.
  3. These international tensions have been further raised during the pandemic, and this will grow as vaccine inequality becomes more visible, and as there are inequalities in economic recovery.