SINGAPORE (July 22): With major elections in India, Indonesia, Thailand and the Philippines over, talks resuming between North Korea and the US, President Donald Trump calling off a military strike against Iran at the last minute, and China and the US negotiating again on their trade disputes, it might seem that political risks are contained. But this is a complacent view. As we outline below, there are too many political hot spots around the world where there are rising risks of some kind of dislocation that will affect Southeast Asia. Thus, the region needs to be prepared for a lot of turbulence in coming months and should take proactive measures to support their economies as well as bolster their defence and diplomatic capacities.

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