The Russian scenario of a war of attrition is beginning to play out in Ukraine and although there are no signs of even a ceasefire, there is likely to be pressure for at least pro forma negotiations after mid-year. The process of decoupling the US economy and trade from China is irreversible, no matter who wins the presidential election in November. This is what Velina Chakirova, geopolitical strategist, founder of the geopolitical risks, trends and scenarios consultancy FACE and former director of the Austrian Institute for European and Security Policy, said on the air of “Business Start” with host Hristo Nikolov
“In 2024, the possibility that China and Russia could open a third geopolitical front in the Indo-Pacific to challenge the influence and credibility of the United States as a global power is interesting, especially in the run-up to the election… I am not talking about a direct military clash. A similar scenario will unfold in the Middle East, where US influence is being challenged by Iran, and Eastern Europe, where Russia is trying to impose new geopolitical realities.”
