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The second quarter of the year has been rather more dramatic. President Trump has been flexing his muscles whilst managing to fall out with more or less everyone in Washington. Emmanuel Macron – 12 months ago a virtual unknown – has swept to power in France; the UK has had a chaotic General Election and has begun the Brexit negotiations with the Government in a parlous position. The President of Brazil has been accused of corruption and companies and organisations across the globe have suffered two significant ransomware attacks. World stock markets have mainly done well in the quarter. South Korea has been the best performing market of the ones we cover in this Report: the wooden spoon is en route to Russia. So plenty to report on: let’s make a start…








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