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Uncertain times ahead – the changing landscape of global order

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As the world grapples with shifting global dynamics, many are speculating whether the leadership of the world order is transitioning from the United States to China.

But the real threat is actually much worse than that.

A more plausible outcome might be the emergence of growing political disorder and potential anarchy on the global stage.

Countries such as the United States, Japan, and several Western nations are expressing concerns about the possible erosion of the carefully crafted “rules-based world order” that has been in place since the aftermath of World War II.

Growth and prosperity

This international political framework has played a pivotal role in fostering unprecedented economic growth and prosperity, particularly for China, which is now challenging the very order it benefited from.

Several factors contribute to the threat facing the rules-based world order:

1. The Ascendancy of China:

China’s state capitalism model has not only fueled its domestic prosperity but has also allowed the Chinese Communist Party to tighten control over its society.

China has sought to expand its influence globally, most notably through initiatives like the Belt and Road Initiative.

China’s aspirations include securing prominent leadership roles within the United Nations, contradicting earlier hopes that it would evolve into a more open and pluralistic nation.

Claims of China becoming a responsible stakeholder in the world order now seem to be primarily propaganda.

2. U.S. Withdrawal from Global Leadership:

The United States, under the leadership of Donald Trump, initiated a significant shift away from its traditional role as a leader in the global order.

Trump’s decisions included withdrawing from international organizations such as the World Health Organization, the Trans-Pacific Partnership, and the Iran nuclear deal.

His administration also undermined institutions like NATO and the WTO and strained relationships with key allies.

Blaming China

When the COVID-19 pandemic struck, the U.S. chose to downplay the pandemic’s significance and focus on blaming China, a departure from the nation’s historical commitment to promoting democracy and global cooperation.

3. Western Reluctance to Share Power:

Western nations have been hesitant to allocate adequate representation and influence within the rules-based order to emerging powers. This reluctance undermines the order’s credibility and fairness.

For example, France and the United Kingdom continue to maintain their permanent United Nations Security Council seats, preventing more deserving nations like India and Brazil from obtaining similar positions.

The United States’ refusal to join the Asian Infrastructure Investment Bank, an initiative led by China, and its pressure on allies to follow suit is another example of this resistance to accommodate emerging powers.

Despite China’s significant contribution to the global economy (around 18%), its voting share in the International Monetary Fund remains disproportionately low (approximately 6%).

What happens next?

1. Resurgence of the U.S.:

While the U.S. has faced criticism and a loss of global trust in recent years due to events such as the Iraq and Afghanistan wars and the 2008/09 Global Financial Crisis, President Biden’s administration represents a return to more conventional global leadership.

However, even with a more cooperative approach, achieving satisfactory outcomes for complex global issues remains uncertain.

The possibility of a return to Trump-style leadership or a divided U.S. Congress could cast shadows over the future of the world order.

2. China’s Role:

China’s ascent to global leadership is challenged by domestic economic issues, international concerns about its coercive behavior, and limited diplomatic friendships.

Initiatives like the Belt and Road Initiative have faced obstacles and criticism.

China’s actions have the potential to undermine its own rise on the global stage.

3. Managing Complexities:

In today’s geopolitical landscape, finding definitive solutions to global challenges is increasingly elusive. Instead, the best approach may be to “manage” these issues to maintain a semblance of stability.

Achieving a balance of power between liberal and illiberal forces will be crucial for maintaining order.

However, this task is complicated in a world where conflicts can manifest through various means, including cyberattacks, economic pressures, and information warfare.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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BREAKING: Shots ring out at Trump rally

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Donald Trump was whisked off the stage at a rally in Butler, Pennsylvania after loud noises rang through the crowd.

Trump was showing off a chart of border crossing numbers when bangs started ringing through the crowd. Trump could be seen reaching with his right hand toward his neck. There appeared to be blood on his face.

He quickly ducked behind the riser as agents from his protective detail rushed the stage and screams rang out from the crowd. The bangs continued as agents tended to him on stage.

His motorcade has left the venue.

In a statement, Trump says he is “fine” and says he is being checked at a medical facility.

Donald Trump was safe, the U.S. Secret Service and his campaign said on Saturday after multiple shots rang out at a rally by the Republican presidential candidate in Pennsylvania as video showed Trump grimacing and raising a hand to his right ear.
The former president had just started his speech when gunshots erupted and Trump and other rally attendees hit the deck. Secret Service agents swarmed around him and live video showed blood on the right side of Trump’s face and ear.
 
Trump repeatedly raised his fist in the air, with an American flag visible behind him, as security ushered him away.
“The Secret Service has implemented protective measures and the former president is safe,” a spokesperson for the agency said on X after what it called an incident.
“This is now an active Secret Service investigation and further information will be released when available.”

A map of the site, showing where the alleged gunman was situated compared to Donald Trump.

CNN reported that Trump was injured, but gave no other details. It was not clear how or what injuries he may have sustained.

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NASA astronauts phone home, confident Boeing’s Starliner will return to Earth safely

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Stranded NASA astronauts express confidence in Boeing’s Starliner spacecraft, assuring its capability to safely transport them back to Earth from the International Space Station.

The astronauts, over a video call to NASA, highlighted Starliner’s enhanced safety features and testing protocols as reassuring factors for their safe return.

“I have a real good feeling in my heart that this spacecraft will bring us home, no problem…”, said Sunita “Suni” Williams, one of the stranded NASA astronauts.

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Franchising vs. Independent: key differences to choosing the right SMB model

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With latest Australian Federal budget, many SMB’s are weighing their options when selecting a suitable business model.

Franchising provides brand recognition, operational support, and economies of scale but involves ongoing fees.

Independent businesses offer full control and profit retention but face higher costs and regulatory challenges.

For risk and reward, the franchising model reduces risk through established practices and support but involves ongoing fees and profit-sharing with the franchisor.

On the alternative, independent businesses retain full control of profits but face higher risks and responsibilities in managing the business.

Sonia Shwabsky, CEO at Kwik Kopy Australia, joins to share her key insights on SMB’s. #featured

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