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Geopolitical Economy Report
Most important stories of 2023: Gaza, Ukraine, China, BRICS, dedollarization, bank crises, inflation
Dec 31, 2023
Ben Norton, an accomplished journalist, dives into the tumultuous geopolitical landscape of 2023. He discusses the escalating conflicts in Gaza and Ukraine, highlighting the humanitarian crises involved. The expansion of BRICS and the trend towards de-dollarization signal shifting global power dynamics. Norton also addresses inflation concerns, bank failures, and the impacts of crypto fraud. With a focus on US-China tensions and political upheavals in Latin America, he provides a comprehensive overview of a year filled with significant economic and geopolitical shifts.
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Quick takeaways
- The devastating war in Gaza resulted in over 20,000 Palestinian casualties and initiated legal actions against Israel for alleged genocide.
- The war in Ukraine remains at a stalemate despite extensive Western military support, highlighting a disregard for potential peace agreements by major powers.
Deep dives
Geopolitical Conflicts Intensify
In 2023, significant geopolitical conflicts escalated, particularly the Israel-Palestine war, which resulted in high civilian casualties in Gaza, with reports indicating over 20,000 Palestinians killed. The situation was characterized by heavy bombardment and the displacement of nearly all residents, labeling Gaza as one of the most bombed regions in history. Amidst international concerns, some nations, like South Africa, initiated legal proceedings against Israel for alleged genocide, while the US continued to support Israel, blocking ceasefire attempts at the UN. The conflict expanded regionally, with reports of military involvement from various countries, raising fears of a broader war in 2024.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode