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Not only do these global military contractors arm Ukraine, but they stand to benefit from the re-militarization of Western Europe, Japan, and the new NATO - Dan Steinbock for Antiwar.com Original
In 2023, China could outpace many other emerging economies, with its secular long-term trend growth around 4 to 5 percent through the 2020s.
"Thanks to the expected rebound, China's growth could climb to 4.5 to 5 percent in 2023," Dan Steinbock, founder of Difference Group, said in an interview with China Daily.
Colossal structural shifts are taking place in the global economy, as evidenced by the huge challenges of the ongoing year. In 2023, China is moving toward recovery, but the West will cope with recession and the specter of a debt crisis.
In late October, Australia dropped its opposition to a landmark treaty banning nuclear weapons in a vote at the United Nations. The shift in its voting position to "abstain" after five years of "no" is significant.