Geopolitical Instability The World under Tension, Recession and Uncertainty
Author : Md Minarul Hoque
01 Aug 2022

World geopolitics are changing. The nature of geopolitics has shifted drastically, showcasing a complexity that was never seen after WWII. The whole world is reeling from conflicts, diplomatic tension, recession and instability. The Covid-19 pandemic has paralyzed the world for the last two years. The impact of the pandemic hit really hard and shattered the economies around the world. Since then, the emergency evolved into global public health and economic crisis that affected the $90 trillion global economy beyond anything experienced in nearly a century. On the heels of a devastating global pandemic that has upended lives and livelihoods alike, the Russia-Ukrainian conflict has dented the hope for smooth recovery, The UN stated that the conflict in Ukraine has severely affected the fragile economic recovery from the Covid pandemic, triggering a devastating humanitarian crisis in Europe while increasing food and commodity prices and globally exacerbating inflationary pressures.