Islamic State group has reinvigorated global jihadism

The past year witnessed further jihadi gains amid the political turmoil in the Middle East that has followed the Arab uprisings -- most significantly the Islamic State Group (ISG)'s conquest of Sunni provinces Iraq in June and proclamation of a caliphate. However, the advance is not even across the board; the threat remains centred on regional targets, more than those in the West. More spillover from a metastasising jihadism in the Middle East is to be expected, including sporadic high-profile attacks in the West.

Tourism in affected countries, particularly Egypt, will continue to suffer.