Geopolitical alignment can significantly impact global economic growth, and rising fragmentation in the past decade has cut close to 1% cumulatively from global GDP. Read more from Goldman Sachs Research:

Geopolitical conservatism in biotech risks becoming anti-progress. Biosecurity matters but scientific talent is globally distributed and the tools for discovery should be too. @metanova_labs mission is more important than ever. Decentralized, permissionless infrastructure isn't just an ideological position — it's a practical response to a growing problem that ultimately affects all of us. Immigration to the global centers where institutions, capital, and infrastructure are concentrated is harder than ever. At the same time, access to frontier AI is increasingly determined by jurisdiction. As evidenced by @AnthropicAI recent restrictions on Fable and others, the tools that enable scientific discovery are becoming concentrated within a relatively small number of (or single) countries. This has implications for who can contribute to scientific innovation and from where. Roughly 2/3 of Nobel science laureates were not born in the United States, and approximately 40% of U.S. Nobel science prizes awarded since 2000 went to immigrants. Meanwhile, proposals such as a $100k H-1B fee, travel restrictions affecting dozens of countries, and compute export controls under the BIS AI Diffusion Framework are making participation in frontier research increasingly unequal. If similar restrictions had existed throughout the last century, many of the discoveries, companies, and medicines we rely on today may never have emerged. #Bittensor# offers a market-driven alternative for coordinating talent, capital, compute, and scientific innovation across borders.

Geopolitical risk is no longer a backdrop. It’s a core driver of markets. The latest article from the Morgan Stanley Institute explores how global tensions are shaping investment outcomes and why staying ahead of these shifts matters more than ever.

Evolving geopolitical dynamics are reshaping the global economy. Learn what investors should be watching as these trends continue to unfold in the latest newsletter from the Morgan Stanley Institute:

🚨⚡️ GEOPOLITICAL EARTHQUAKE IN BEIJING: Hours Remain Until the Moscow-Beijing Axis Launches a "New Era" that Defies the West! 🇷🇺🇨🇳 President Vladimir Putin will arrive in Beijing this evening, May 19, welcomed by Chinese Foreign Minister Wang Yi. This is no ordinary summit; Putin and Xi Jinping will officially adopt a landmark "Declaration on the Establishment of a Multipolar World and a New Type of International Relations," delivering a direct challenge to unipolar dominance. - High-Stakes Agenda & 40 Strategic Pacts: Closed-door and expanded-format negotiations will take place to redraw the global economic and political roadmap. The two leaders will hold detailed discussions on the massive "Power of Siberia - 2" gas pipeline project to solidify energy security. Signing roughly 40 joint documents designed to lock in deep structural ties across industry, transport, and nuclear energy. On May 20, the leaders will hold an intimate, informal "tea-time" session to break down the most critical and pressing international issues. - A Colossal Russian Influx in Beijing: Putin has effectively transferred the weight of the Russian state to China. He is backed by a massive delegation of top-tier officials and business titans, including Peskov, Lavrov, Manturov, and Novak, alongside billionaire oligarchs and energy czars like Sechin, Miller, Timchenko, and Deripaska. - Moving away from standard newspaper columns, Putin recorded a rare, direct video address to the citizens of the People's Republic of China. - The Kremlin explicitly confirmed there is absolutely no connection between Putin's historic summit and Donald Trump's upcoming schedule. This alliance moves entirely on its own sovereign merit.

🌍🔵| Protecting our GEOPOLITICAL security has always been our priority. "Russia's war of aggression against Ukraine has shown that security in Europe and East Asia is interconnected." The European Parliament has voted on a crucial report backing stronger cooperation with democratic partners in the Indo-Pacific. This breakthrough demands deeper defense and economic partnerships with trusted allies like Japan, South Korea, and Taiwan to counter rising global threats. #AdamBielan#

Rarely has a geopolitical roll of the dice gone so rapidly wrong. Netanyahu played on Trump’s vanity to help convince him to start this war. That same vanity will now be deaf to any future bridges Netanyahu might try to sell.” My column