Eurasia placed Russia, from Vladimir Putin, and Xi Jinping, from China, as the biggest risks of 2023, according to a report released on Tuesday (3).
Annually, the group gathers forecasts on the political risks most likely to occur throughout the year. Eurasia is the one of the largest risk consultancies in the world.
According to the report, “uBut a humiliated Russia will go from being a global player to the most dangerous rogue state in the world, posing a serious threat to the security of Europe, the United States and beyond.”
Eurasia reckons Putin has little to lose from further escalation against the West and Ukraine, inflicting even more suffering on the Ukrainian people.
Another big risk will be Xi Jinping, who the group says has the tightest grip on power since Mao Zedong – founder of the People’s Republic of China.
“Xi is virtually unrestrained in his ability to pursue his statist and nationalist political agenda. With few checks and balances left to constrain him and no dissenting voices to challenge his views, Xi’s ability to make big mistakes is also unrivaled,” the report says.
Eurasia poses political power in China as a global and overrated challenge”given the unprecedented reality of a capitalist state dictatorship playing such a disproportionate role in the global economy”.
Third, the report lays out the weapons of mass disruption.
“The resulting technological advances in artificial intelligence will erode social trust, empower demagogues and authoritarians, and disrupt businesses and markets. This year will be a turning point for the role of disruptive technology in society,” he points out.
For Eurasia, these advances will have political and economic effects.
Among other risks highlighted by the report are: inflation, Iran, Tik Tok boom and more. See the full list below.
Biggest global risks of 2023, according to eurasia
- Russia
- Xi Jingping
- Weapons of Mass Disruption
- Inflation shock waves
- Will
- energy crisis
- Global development standstill
- Political division in the United States
- Tik Tok Boom
- Water shortage
Source: CNN Brasil
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