Trump, Israel and Ukraine: Financial Times releases forecasts for 2024
The publication believes that the West will continue to support Ukraine if Trump does not win
Journalists of the British newspaper Financial Times have released their traditional forecasts for 2024 regarding the most resonant global political and economic events. Here are some of them:
* Will Donald Trump be able to return to the US presidency? FT journalists are convinced that he will not succeed, but the election race will be very tense. The "old" Joe Biden will remain in the White House for a second term, but not due to the broad support of voters, but because a small majority is unlikely to want to vote for Trump.
* Is there a risk that Israel's war with Hamas will escalate into a full-scale regional conflict? The biggest concern is the periodic clashes between Israeli forces and the Lebanese Hezbollah movement, but there is hope that diplomatic pressure will prevent the situation from getting out of hand. Neither Washington nor Tehran is interested in expanding the conflict, the publication emphasizes.
* Will the US and the EU continue to fund Ukraine? The Biden administration is determined to continue the supply despite differences in Congress, but the greatest difficulties will arise if Trump is re-elected. The EU should override Hungary's veto and allocate €50 billion in aid to Ukraine. However, Kyiv will still have to make a military breakthrough as pressure to start negotiations with Moscow grows.
* What is the likelihood that Elon Musk's Twitter will go bankrupt? The FT believes it will. Musk often warns about the possible bankruptcy of Tesla and SpaceX, but he does everything to prevent it. In the case of X, the realities are more severe: advertisers are refusing to advertise on the platform, and attempts to find new sources of income have not yet been successful.
* Will Novo Nordisk remain the most valuable company in Europe by the end of 2024? Wegovy, a weight loss drug, has driven the Danish pharmaceutical company's success this year and allowed it to outperform luxury goods manufacturer LVMH. Now Novo Nordisk is actively expanding its production capacity and market presence, which increases the chances that it will remain the most valuable company in the region.
Background. As reported, there is a high probability of a real bankruptcy of social network X (Twitter) due to problems in the field of advertising.
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