Geopolitical risks are no longer a marginal question: they are at the heart of investors' strategies and concerns. In a world where political decisions can instantly influence global financial markets, how can one adjust their strategy to navigate between risks and opportunities? Between military conflicts, economic sanctions, and diplomatic tensions, it is becoming crucial to rethink how to invest or raise funds. Which investments can serve as "safe assets" in the context of geopolitical instability? Sovereign bonds or equivalents (supranational and public agencies), despite lower initial returns, have become more attractive. Indeed, cautiousness entails favouring the countries and the issuers that are deemed politically and economically stable in order to minimise the risks associated with global crises.[…]