Bloomberg: 10 trends that will be decisive in 2023 named

03 January 2023, 17:54 | Peace
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The world is waiting for another difficult year. Some current events will still influence the global situation, although a few new trends may emerge.

Bloomberg lists 10 things that will shape global politics in 2023. Although the authors of the list note that it cannot be considered exhaustive. However, the list of the publication includes events that you should definitely follow in the beginning of the year..

And the first in the Bloomberg list was the Russian war against Ukraine, which has been going on for more than 10 months.. This conflict is unlikely to end anytime soon.. Toward the end of winter, the fighting may become more intense, and the question of who will replenish stocks of weapons faster will be key.. Bloomberg notes that now Ukrainian President Volodymyr Zelensky has shown no willingness to negotiate, insisting on the resumption of control over the occupied territories, including Crimea, which Russia annexed in 2014..

“Will the United States force him to negotiate? Also, Putin has no obvious reasons at home that would make him choose diplomacy.. On the contrary, hawks can push him to even more cruelty,” the article says..

Despite the fact that US President Joe Biden strongly supports Ukraine, relations with China are an obvious long-term priority for him.. Therefore, they are second on the Bloomberg list..

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“The two largest economies in the world are still looking for a way to treat each other without coming into conflict.. At least they're talking again. China is far more important to the global economy than Russia. And his ambitions for Taiwan, which he considers his territory, could lead to an outbreak that would involve many other countries, including the US..

Meanwhile, Xi Jinping is facing an accumulation of problems at home. This is the third item on Bloomberg's list.. Chinese leader secures his power for another term. But after Beijing enforced tight COVID-19 restrictions for years, the abrupt lifting of them has plunged China into chaos as cases rise and disrupt supply chains and businesses..

How long it takes Xi Jinping to get his country out of these troubles could have a significant impact on the health of the global economy this year..

In the fourth item on the list, the publication also warns that economic governance is a term that will be mentioned frequently this year.. And it's not just about the US, China or Russia.. Many countries use trade and regulatory tools (in some cases with military backing) to advance their geopolitical goals and influence the behavior of others.. It could affect everything from the supply of high-tech chips to global efforts to combat climate change.. The same approaches are increasingly being applied to energy supplies..

Bloomberg Point Five: Countries around the world are studying the Russian war against Ukraine in real time, evaluating which weapons and command approaches were effective. For example, modest artillery showed its power in combination with drones.. Countries around the world, from Germany to Japan, are increasing their defense budgets.. And they can recalibrate their spending on the army, given the findings. This could lead to a rethinking of the broader procurement system and the speed of defense contractors in ramping up or switching to something else in production..

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In the sixth paragraph, Bloomberg points out that North Korean leader Kim Jong-un has been launching missiles for several months, threatening South Korea, Japan and the United States.. And he still has not stopped doing it, nor has he received the desired attention to himself.. Biden still more focused on Russia and China. What will Kim Jong Un do in this case Maybe he will conduct nuclear tests or launch intercontinental ballistic missiles?

The seventh point recalls that the Democratic Party showed a better result than expected in the mid-term elections in the United States.. However, she still lost control of the House of Representatives.. So, before 2024, when the US presidential election will be held, we should prepare for the fact that the mood in Congress will be more divided.. And there may also be quarrels that will create problems for the legislative process.. Biden has already secured approval for most of his economic agenda. However, there will still be less room for action on Capitol Hill on issues of inflation and debt..

Luiz Inacio Lula da Silva becomes president of Brazil, bringing the left back to power in Latin America's biggest economy. And this is the eighth item on the Bloomberg list.. How does he use this moment But the longevity of the so-called “pink wave”, which means the return of progressive governments in the region, is in doubt.. After all, last year Pedro Castillo was removed from office as President of Peru.. And in Chile, President Gabriel Borych is losing popularity.. Argentina is also facing elections this year and should also be watched.

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Bloomberg's ninth point concerns the emergence of a so-called " Many middle-strength countries are becoming more influential, building their own alliances and acting as intermediaries in solving key problems.. In this vein, it is worth paying attention to Turkey, where Racep Tayyip Erdogan is going to become president again this year, as well as Australia and the UAE.



And the tenth item on the list advises to be ready for an even more intense " Access to everything from food to energy to technology and even water will impact economic governance, defense spending and government budgets. Inflation and rising cost of living will not disappear. Europe is likely to survive this winter normally. But what to do with gas supplies next year? UK hit by industrial turmoil. Will something like this happen in other parts of the world




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