Geopolitical risks refer to the potential for political events or tensions in one country or region to impact global stability and economic conditions. These risks can arise from conflicts, changes in government, or shifts in international relations, affecting trade, investment, and security. Countries like Russia and China often play significant roles in geopolitical dynamics, influencing global markets and alliances. Events such as territorial disputes, sanctions, or military actions can create uncertainty, prompting businesses and governments to reassess their strategies and operations in affected areas.