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31 August 2024

A New World Order Is Coming – OpEd

Lim Teck Ghee

Current media attention on the US presidential election is missing out examining the unprecedented turbulence affecting key players in geopolitics and the current world order dominated by the United States.

The Group of Seven (G7) advanced economies forum, which has been functioning as a handmaiden of the US economic and foreign policy agenda, is now in disarray. Italy has a newly elected president from the radical rightwing and its nationalist conservatism wave, anti incumbency, anti immigrant sentiments, and electoral volatility have had aftershocks reverberating across the continent.

Today, France and Germany, the leading European nations, are having the grip of long running parties not just challenged but also loosened. Emmanuel Macron is virtually a lame duck President during the next 3 years with diluted powers in domestic and foreign policy. A similar fate awaits Olaf Scholz. He is in charge of a coalition government which has turned further right and splintered more during the recent European Parliament election.

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