Economic and political prognosis for 2025: Trends and challenges
The Free Press Journal - Bhopal|December 24, 2024
Economic uncertainties, geopolitical conflicts, and domestic challenges dominate global and Indian scenarios in 2025
AJIT RANADE

We always begin the calendar year with a degree of optimism. To live with hope is in the very nature of human existence. No matter how tough the challenges in the year ahead, the optimists outnumber the pessimists. No amount of gloom or doom prospects purveyed by dismal economists can deter the optimists. Their confidence in the future is undiminished. In that spirit, here is a prognosis for the year 2025, full of tough challenges for the optimists to tackle and overcome.

The year ahead is full of uncertainty. Making an accurate prediction is foolish and sure to fail. The sources of global uncertainty are economic and geopolitical. In the latter category are many factors. These include the outcome of the endless war in Ukraine, the escalation of the Israel-Hamas conflict and its spillover into the wider region of West Asia, and the ascendance of far-right parties in many countries, most prominently in Germany. One of the largest economies in the world, the German government lost the vote of confidence in Parliament this month, leading to mid-term elections early next year. The German economy will contract for a second year in a row, even as it grapples with a rising deficit, the need for greater funding of overseas wars, a shortage of skills, and under-funded education. Then there is rising anti-immigrant sentiment fueled by far-right parties. Will Germany tilt closer to Russia or to NATO? How will it deal with Iran and its competitor China? Will its economy bounce back?

Esta historia es de la edición December 24, 2024 de The Free Press Journal - Bhopal.

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.

Esta historia es de la edición December 24, 2024 de The Free Press Journal - Bhopal.

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.

MÁS HISTORIAS DE THE FREE PRESS JOURNAL - BHOPALVer todo
The Free Press Journal - Bhopal

7-year-old Habiba earns Orange Belt

Sanmati School, Indore, hosted its annual concert 'Adhya Manthan', captivating an audience of students, parents, and esteemed guests with a mesmerising fusion of India's rich cultural heritage and cutting-edge artificial intelligence and modern technology.

time-read
2 minutos  |
December 25, 2024
The Free Press Journal - Bhopal

A lapse, maybe on my part

MANU BHAKER BREAKS SILENCE ON KHEL RATNA ROW

time-read
1 min  |
December 25, 2024
The Free Press Journal - Bhopal

AUSTRALIANS KEEN TO PLAY KHO KHO!

BOTH MEN'S, WOMEN'S TEAMS TO TAKE PART

time-read
1 min  |
December 25, 2024
The Free Press Journal - Bhopal

ISRO's last mission in 2024: India to join elite club

SPADEX SCHEDULED FOR LIFT-OFF ON DECEMBER 30

time-read
1 min  |
December 25, 2024
The Free Press Journal - Bhopal

A special birthday gift

Anil Kapoor announces his next film Subedaar

time-read
1 min  |
December 25, 2024
The Free Press Journal - Bhopal

It's a Wrap for Mrunal

Anil Kapoor announces his next film Subedaar

time-read
3 minutos  |
December 25, 2024
The Free Press Journal - Bhopal

'We waited to be rescued'

Singer Shaan shares horrifying details of fire in his Bandra building

time-read
1 min  |
December 25, 2024
The Free Press Journal - Bhopal

Sharvari's romantic reads

Sharvari is currently spending her holiday time reading romantic books suggested by her fans.

time-read
1 min  |
December 25, 2024
The Free Press Journal - Bhopal

SHYAM BENEGAL'S GROUNDBREAKING DEBUT

With the passing of the iconic Shyam Benegal, we revisit Ankur, his devastating debut

time-read
3 minutos  |
December 25, 2024
The Free Press Journal - Bhopal

Home remedies for a flake-free scalp!

Dandruff, those pesky white flakes that appear on our scalp, can be quite an annoying and embarrassing problem for many.

time-read
1 min  |
December 25, 2024