2024 has been chaotic, with upheavals and downdrafts. Although a record number of countries went to the polls this year, they frequently turned inward, with barriers and nativism. Global growth has been affected, reaching only 3.2%. Global governance has eroded, with ever-sharper divisions between factions. With this retreat in globalization, 2025 looks bleak. US-China rivalry may diminish global economic growth, and the divisions between the Global North and Global South have only deepened. Traditional norms are under stress, and new groupings are emerging. Climate promises have faced another round of battering and disillusionment.
The one clear ray of light has been the advancement of critical technology development, especially artificial intelligence. AI agents are heralding a new era of technological development that is anticipated to lead to a period of abundance in the future. The future of international cooperation looks increasingly under stress. The conflict in Ukraine and in Israel has exposed sharp disagreements even within groupings like NATO and member countries that are signatories to the ICC. The ongoing onslaught in Ukraine has culminated in the rise of a new axis—that of Russia, China, Iran, and North Korea—which are now cooperating and integrating with each other like never before.
Esta historia es de la edición December 29, 2024 de The Business Guardian.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición December 29, 2024 de The Business Guardian.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
KASHMIR'S BLACK DAY: HOLOCAUST OF 19TH JANUARY, 1990
A carefully drawn-out strategy and plan of ethno-religious cleansing of Kashmiri Pandits by the armed insurgents is today scattered, devastated and disintegrated
Why Disaster Preparedness Still Falling Short
Despite years of significant investments in disaster preparedness, many vulnerabilities still persist, especially in Low and Middle-Income Countries (LMICs). This ongoing challenge is driven by several factors that require closer examination.
BJP Is Frustrated, Fearing Their Defeat: Satyendar Jain
Satyendar Jain, the AAP candidate from the Shakur Basti assembly seat, on Sunday criticised the BJP, accusing them of orchestrating attacks out of fear of losing the upcoming Delhi Assembly election.
Punjab and Haryana High Court rejects pre-arrest bail of man accused of taking Rs 10 cr for providing Lt Governor post
The Punjab and Haryana High Court in the case Dabir Singh v State of Haryana observed and has refused to grant anticipatory bail to a man accused of taking 10 crore with other co-accused for securing the post of Lieutenant Governor in Andaman and Nicobar, observing that granting relief when there is prima facie sufficient evidence would send a \"very negative message\" to the public.
PM Modi to address BJP booth workers on January 22
Prime Minister Narendra Modi will engage with Bharatiya Janata Party booth-level workers in the national capital through the Namo application as part of the party's campaigning in the run-up to the Delhi Assembly elections.
The Forest Man is transforming a city's air quality
Viral Desai, the Green Man, has been instrumental in creating seven urban forests in and around Surat city over the past five years.
FRAGILE STABILITY: GAZA AID AMID TENSE TRUCE
The ceasefire deal between Israel and Hamas marks a fragile stability, addressing immediate needs
SBI LIFE INSURANCE POSTS 12% GROWTH IN PREMIUM AND RS.1,600 CRORE PROFIT FOR 2024
SBI Life Insurance registers New Business Premium of Rs.26,256 crores for the period ended on 31st December, 2024
NIXI LAUNCHES INTERNET GOVERNANCE INTERNSHIP AND CAPACITY BUILDING SCHEME
NIXI launches Internet Governance Internship to build expertise in internet governance among Indian citizens.
BANGLADESH'S TURMOIL: A VOLATILE MIX OF AGENDAS
The political upheaval in Bangladesh that erupted with the ouster of Prime Minister Sheikh Hasina in August 2024 has plunged the nation into turmoil.
