Since it caught the world’s attention several years ago, the metaverse has been driving technology developments, corporate rebranding and a search for killer applications that facilitate access to virtual worlds. And now, in the age of increasing decentralization and VR/AR, the metaverse is beginning to shape and influence geopolitics.
Latin America’s broad support for last week’s U.N. resolution calling for a cessation of hostilities in Ukraine and a withdrawal of Russian forces was a clear stand in favor of Ukraine’s sovereignty. But if the U.N. vote was cause for celebration, it was also a rare condemnation on regional leaders’ part of Russia’s actions.
Many observers expect Thailand to return to a state of economic normalcy in the year ahead. But as the country gears up for what will arguably be its first free and fair election since a military coup deposed the government of then-Prime Minister Yingluck Shinawatra in 2014, few expect the poll will usher in political stability.
This weekend’s African Union leaders’ summit in Addis Ababa, Ethiopia, will be Nigerian President Muhammadu Buhari final one ahead of his departure from office in May. Haunting Buhari’s final AU summit, and his last months in office, is a grim reality: Nigeria’s continued decline as a continental power.
For the past month, France has been in the grip of protests against pension reforms proposed by the government of President Emmanuel Macron, with close to a million people demonstrating across the country on Feb. 11. The protests have so far been entirely orderly. But with the government sticking to its guns, tension is mounting.
Amid competition and trade tensions, U.S.-China relations are at a low point. The path forward is treacherous, and how Washington chooses to navigate it will shape not only current events, but possibly the century ahead. The U.S. has three options for how it approaches Beijing going forward: It can oppose China, embrace it or ignore it.
The European Union got a welcome bit of good news this week with a surprise revision to the European Commission’s economic outlook, which now predicts the union will narrowly avoid a recession and has already passed peak inflation. The forecast, though, stands in stark contrast to recent predictions for the United Kingdom.
Over recent months, tens of thousands of protesters have taken to the streets of Dhaka, Bangladesh, to demand the resignation of Prime Minister Sheikh Hasina and an end to the legal targeting of opposition figures. But with Hasina unlikely to concede ahead of scheduled elections, the coming year looks set to be a contentious one.
Acute water stress around the world has galvanized efforts to find new approaches and innovative solutions to access and maintain increasingly scarce water supplies. But critical questions about such trade, particularly with regard to the application of international trade law to untreated water, remain unresolved.
Vietnam’s years-long anti-corruption drive has reached the upper echelons of government as a result of prominent pandemic-related scandals. A series of recent high-profile resignations has led some to wonder where the campaign might lead next and how dramatically it will impact the country’s international positioning.
BRICS countries all are lending support to Moscow at a time when it has been largely cut off diplomatically and economically from the Western world. But while the group functions as a source of support for Russia, it is important to distinguish the differences in how and why they are offering that support.
EU leaders gathered in Brussels today, hoping to devise a response to protectionist subsidies included in the U.S. Inflation Reduction Act, or IRA, a topic that is becoming increasingly important to trans-Atlantic relations. Instead, they found themselves occupied with a surprise guest: Ukrainian President Volodymyr Zelenskyy.
The problem with debates over the effectiveness of sanctions on Russia is that commentators often refer to other countries targeted by Western sanctions, as if these cases hold universal lessons that might be applicable to Russia. But Russia is an entirely different beast, and it presents a unique test case for Western sanctions.
Last month, China’s Foreign Minister Qin Gang continued a decades-long tradition of Chinese foreign ministers starting the year with a trip to Africa. The visit comes at a time of ramped up engagement between African states and the U.S., highlighting the U.S. tendency to characterize Africa’s relations with China in patronizing terms.
Attempts to construct narratives of a golden age of U.S. support for free trade reflect anxieties that Washington’s current focus on subsidies and buy-American clauses could undermine the U.S.-led liberal international order. But this yearning for a golden age of free trade glosses over a much more complex reality.
Carbon markets are set to explode on the world stage. And while they are relatively small compared to regulatory compliance markets, voluntary markets are growing fast. Are they an effective way for companies—and the world—to achieve net zero emissions? The jury is out, with strong voices arguing for and against.
Russia’s invasion of Ukraine combined with the geopolitical instability it caused made 2022 a great year to be an oil major. But while most oil producers across the globe reaped profits, Mexico’s state-owned oil company Pemex struggled financially and enters 2023 with questions about its long-term viability hanging over it.