TIANJEN: The world is facing the “most complex” geopolitical situation seen in decades, the head of the World Economic Forum (WEF) told AFP Tuesday, warning that turmoil was “impacting global growth.”
“It is the most complex geopolitical and geo-economic backdrop we’ve seen in decades,” WEF President and CEO Borge Brende said ahead of a meeting of the multilateral forum in the northern Chinese city of Tianjin.
“If we are not able to revive growth again, we can unfortunately see a decade of lower growth,” he warned.
Officials including Singaporean Prime Minister Lawrence Wong will attend this week’s WEF meeting in the port city of Tianjin — known colloquially as the “Summer Davos.”
The meeting comes hard on the heels of the United States’ involvement in the Iran-Israel conflict and follows months in which the global economy has been battered by a tariff war launched by US President Donald Trump.
Brende told AFP it was still too soon to predict the impact of Trump’s swingeing tariffs.
It is “too early to say what these tariffs will end with because the negotiations are still ongoing,” he said.
“I think the jury is still out, but the traditional globalization we saw is now changed into a different system,” he said.
“That is a new chapter... especially since trade was the engine of growth.”
Brende also warned mounting conflict could have a “very negative impact” on global growth.
World facing ‘most complex’ situation in decades: WEF
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World facing ‘most complex’ situation in decades: WEF
Brazilian ex-President Jair Bolsonaro undergoes double hernia surgery
- He was granted court permission to leave prison after federal police doctors confirmed that he needed the procedure
- The surgery in Brasilia is expected to last about four hours
SAO PAULO: Former Brazilian President Jair Bolsonaro is undergoing double hernia surgery on Thursday at a hospital in the country’s capital, his family said.
Bolsonaro, who has been hospitalized since Wednesday, has been serving a 27-year prison sentence since November for an attempted coup.
He was granted court permission to leave prison after federal police doctors confirmed that he needed the procedure. The surgery in Brasilia is expected to last about four hours, the DF Star hospital medical team said in a statement Wednesday.
Doctors say Bolsonaro’s double hernia causes him pain. The former leader, who was in power between 2019 and 2022, has gone through several other surgeries since he was stabbed in the abdomen during a campaign rally in 2018.
Justice Alexandre de Moraes, who oversaw Bolsonaro’s coup trial and sentenced him to prison, authorized the procedure, but denied the former president’s request for house arrest after he leaves the hospital.
Bolsonaro doesn’t have any contact with the few other inmates at the federal police headquarters in Brasilia, where he is held and where his 12-square-meter (around 130-square-foot) room has a bed, a private bathroom, air conditioning, a television and a desk, according to authorities.
He has free access to his doctors and lawyers, but other visitors must receive approval from the Supreme Court. On Wednesday, de Moraes authorized Bolsonaro’s sons to visit him while he’s hospitalized. His wife, Michelle Bolsonaro, is accompanying him.
Early Thursday, his eldest son, Sen. Flávio Bolsonaro, told reporters before the surgery that his father had written a letter confirming he had appointed him as his political party’s presidential candidate in next year’s election. Flávio Bolsonaro announced on Dec. 5 that he will challenge President Luiz Inácio Lula da Silva, who is seeking a fourth nonconsecutive term, as the candidate of Bolsonaro’s Liberal Party.
The senator read the letter to journalists, and his office released a reproduction of it to the media.
“He represents the continuation of the path of prosperity that I began well before becoming president, as I believe we must restore the responsibility of leading Brazil with justice, resolve and loyalty to the aspirations of the Brazilian people,” Bolsonaro said in the handwritten letter, dated Dec. 25.
The former president and several of his allies were convicted by a panel of Supreme Court justices for attempting to overthrow Brazil’s democratic system following his 2022 election defeat.
The plot included plans to kill Lula, Vice President Geraldo Alckmin and de Moraes. There was also a plan to encourage an insurrection in early 2023.
Bolsonaro was also convicted on charges that include leading an armed criminal organization and attempting the violent abolition of the democratic rule of law. He has denied any wrongdoing.
