PNN – In its prediction of the developments of the New Year (2024), the Financial Times predicted the presidential elections in the United States to be the worst electoral contests in the history of this country and expressed the hope that diplomatic pressure will control the situation regarding the Gaza war.
According to the Pakistan News Network the Financial Times wrote: Assuming the recent legal obstacles against Republican candidate Donald Trump in the states of Colorado and Maine are removed, his election campaign against Joe Biden will be the worst presidential election in American history.
This report added: This competition between Trump and Biden will be very close. Trump, who will be convicted in at least one or possibly two of his four trials before the election, will introduce it as a punishment by the “Biden crime family”. But despite the increasing age of Biden, a limited majority supports him in the second term and rejects Trump.
The prediction of the Financial Times about the expansion of the war between the Zionist regime and Hamas was also raised with a negative response about its expansion into a full-scale conflict.
This media wrote about this war: The war in Gaza started violence in the region. The biggest concern is about the conflict between Lebanon’s Hezbollah and Israeli forces and its turning into a full conflict between the two sides.
Benjamin Netanyahu, the prime minister of the Zionist regime, has clearly stated that he can no longer deal with the Hezbollah fighters who are stationed on the border of Lebanon and this regime, but there is hope that diplomatic pressure will control the situation.
This media added that even if the conflict between the party and the Zionist regime escalates, Washington and Tehran do not want to expand conflicts in the region, but the situation is alarmingly tense.
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Washington Post: The Gaza war has cost Israel 18 billion dollars
The Financial Times also predicted that the US economy would achieve a soft landing in the short term. According to this media, even the decline in inflation surprised the Federal Reserve this year and economic growth has been stronger than economists expected.
About the developments in England and the possibility of Keir Starmer becoming prime minister, this newspaper wrote: Yes, although the British elections may not be held until January 2025. Rishi Sunak’s conservatives look disjointed and tired.
The Financial Times wrote about China’s economic growth and whether it will reach 3 percent or less: No. The quality of China’s economic growth has definitely deteriorated significantly in recent years. The real estate market, which accounts for nearly a third of GDP, is slowly collapsing. Many local governments are drowning in debt. The Chinese consumer is hesitant. But GDP growth will easily exceed 4 percent in 2024, helped by a series of debt relief packages, fiscal stimulus plans and other forms of government support.
The Financial Times wrote about the possibility of China attacking Taiwan with a change of president in Taiwan: No, this attack will not happen.
Many people inside and outside of Taiwan are more worried about war these days due to China’s expanding military exercises. Lai Ching-te, the leading candidate for Taiwan’s presidential election from the ruling Democratic Progressive Party, also has a very different background from the current president, Tsai Ing-wen. But it is clear that he will follow Tsai’s cautious policy stance in China. China’s leadership under President Xi Jinping also seems to believe it has a chance to force Taiwan to reunify without war by increasing military intimidation, political influence, economic deception and international isolation.
This report considered the continuation of the financial support of the United States and the European Union to Ukraine in the next year as possible and wrote: The Biden administration is determined to continue the support. The deal with congressional Republicans would include an agreement on border security in exchange for aid to Ukraine. More concern is Trump’s return to power.
The Financial Times made a positive prediction about Ursula von der Leyen’s chances of success for a second term as president of the European Commission, saying that it is possible with a little effort. This media wrote: Von der Leyen has acquitted himself well in a period marked by crises, proving the value of EU joint action on borrowing, health, defense spending and energy policy. His European Green Deal remains largely on track.
In the field of climate issues, the Financial Times predicted that 2024 will be the hottest year in the past 174 years. The media wrote that many scientists expect 2024 to be even hotter than 2023 because the 2023 heat was enhanced by the emergence of a natural El Niño weather pattern. This pattern typically has the greatest impact on global temperatures after reaching its peak, which may not occur until January 2024.