Since the outbreak of the war in Ukraine, the world has been on the brink of disaster. This remarkable development is not merely a military victory; it represents a geopolitical earthquake that shakes the foundations of the global order. These assaults are not merely military operations; they represent a direct threat to the lifeblood of global trade. Amidst this turmoil, a new factor emerges that was absent in previous conflicts: the intricate web of global economic interdependence. Before World War I, Europe was at the height of economic globalization.

Source: Daily News Egypt October 08, 2024 22:55 UTC