Bargains for Peace
The Statesman|November 08, 2024
The world's fault lines are sharpening into two clear b!ocs: G7 and BRICS -!-. In the optimistic aftermath of world war II, institutions like NATO, w To, the IMF, and the world Bank were established to safeguard peace and uplift humanity through rules-based cooperation. But promises faded as partiality, opacity. and unkept commitments corroded their purpose. Today, this institutional decay not only stains the legacy of global governance but signals a seismic shift: G7's power dwindles, while BRICs -!- rises, challenging the fading dreams of a unified world order
Bargains for Peace

In the shadow of escalating global strife, Iamie Dimon's recent pronouncement rings with unsettling gravity: "World War III has already begun." His words pierce through the financial pragmatism one might expect from a CEO, instead casting a sobering gaze upon a world veering toward conflagration. The Ukraine and Middle East conflicts, Dimon warns, are mere fault lines in a coordinated contest of influence by powers like Russia, China, and Iran.

Against this tabeau, Dimon's rallying call for a renewed U.S. leadership ~ one devoted to reclaiming its "special role in the world" ~ is both prophetic and patriotic. Yet, it's also an urgent critique, issued from the helm of the largest U.S. lender, now trailing Chinese giants in asset clout. With these potent observations, Dimon, the CEO of IP Morgan Chase, illuminates a stark reality: U.S. power is not just a privilege to wield but a duty to reaffirm in a fractured, perilous global landscape.

The world stands, yet again, at the precipice of transformation. History tells us that a new global order rarely arises without the ashes of the old, as seen in the legacies of 1814, 1918, 1945, and the Cold War's end. Yet, our urgent challenge now is unprecedented: to forge a "fifth world order" without enduring a cataclysmic collapse. The US yearns to reclaim its lost crown, yet shadows linger ~ who holds it now, and by what daring alchemy can it be restored?

This story is from the November 08, 2024 edition of The Statesman.

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This story is from the November 08, 2024 edition of The Statesman.

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