Bloomberg: Global Significance Looms As World Approaches Pivotal Moments

Experts believe that the situation is reminiscent of the years before the First World War.

Conflicts in today's world have already spread to several continents. Although they appear localized, they are in fact interconnected, so the situation is similar to the First World War, and the world is now at risk of sliding into a new global conflict.

This has been reported by Bloomberg. Journalists remind that over the past two years the world has literally erupted into a series of conflicts on almost all continents.

“Some officials and investors suggest that a web of intersecting conflicts stretching from West Africa through Ukraine to the Middle East could be the prelude to a new global conflict, this time starting not with a bang, but with several,” the story said.

The war is going on in Ukraine for the second year, Israel and Hamas clashed in Gaza, which destabilized the entire Middle East. A number of African countries have undergone a coup d'etat, and recently Azerbaijan put an end to the history of “independent Karabakh” and the conflict around it by seizing this region.

The publication notes that the risk of “unfreezing” old conflicts and creating new ones in the world is growing sharply, as the United States, Russia, Iran, China and other countries are trying to protect what they consider their interests. This takes the world back to the period of great power rivalry in the last century.

Experts believe that the situation is more reminiscent of the years before the First World War — Europe risks being drawn into a huge continental conflict, as continental alliances oppose each other there. At the same time, Asia may also find itself in the fire of war, since China lays claim to Taiwan, which could provoke a war with the United States.

“While there are many incentives to pull back from the brink, what appear to be limited incidents now could actually have catastrophic consequences in the future,” the publication concludes.