PNN – Reuters news agency called the three issues of inflation, elections and war characteristic of 2024 and predicted that the world will also struggle with issues related to the influence of technology and political power in the coming year.
According to the report of Pakistan News Network, Reuters stated in this report: Voters angered by rising prices for goods—from eggs to energy—have chastised the ruling parties at almost every opportunity over the past few years. As the inflationary pressure in the countries was prolonged, the ruling parties were blamed in the elections.
In the US, rising prices helped Donald Trump win another four-year term as president. Trump’s election started a new era of American leadership that can test the democratic institutions inside and the country’s relations with the outside world.
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Anti-establishment sentiments fueled by inflation also led to the inauguration of new governments in England, Botswana, Portugal and Myanmar. Voters in South Korea gave power to the opposition in the country’s parliament. In early December, the president of South Korea declared martial law. The election also shook France, Germany, Japan and India.
Reuters further added: Moscow continues to pursue its war against Ukraine and has made significant territorial gains. The big question is what effect Trump’s return to the White House will have on this war. The president-elect of the United States has promised to end the war in one day. Many in Ukraine and elsewhere in Europe are concerned about supporting Putin and maintaining the status quo.
In the Middle East, Israel (regime) has continued the war in Gaza and its expansion into Lebanon. In Syria, a coordinated group of Syrian opposition forces overthrew the government of Bashar al-Assad and now seeks to rule the country.
On the business side, companies around the world are grappling with the use of artificial intelligence, and the dominance of tech companies can be summed up in the simple fact that seven tech companies now account for a third of S&P’s stock market shares.
Elon Musk, who runs one of these companies called Tesla, is Trump’s adviser and financial supporter. Looking ahead, a combination of these issues of technology and political power could very well define the year 2025.