Analysts' expectations in various fields for the new year varied between optimism and pessimism, but they agree that the continuation of the war in Ukraine will prevent a breakthrough in the global crises - which were produced by the conflict - during the year 2023.

A report - by author Olga Labedeva published by the Russian newspaper "Pravda" - indicates that the economic crisis resulting from the energy crisis that followed the imposition of sanctions on Russia will likely worsen during this year, and may lead to the disintegration of the global system in light of the continued rise in prices.

The following are the most prominent expectations of experts and analysts for the coming year, while the world is mired in various crises, according to the Russian newspaper report:

The war in Ukraine

With regard to Ukraine, the author says that energy prices, inflation rates, interest rates, economic growth, and food shortages depend on what the Russian-Ukrainian war will witness in terms of developments in the next few months.

Although Ukrainian forces could make advances on the ground that threaten Russia, the conflict is likely to reach a stalemate.

Russia, for its part, will prolong the conflict, hoping that factors such as energy shortages and political shifts in the United States will undermine Western support for Ukraine.

Inevitable recession

The Russian newspaper indicates that Western experts expect major economies to suffer an economic recession against the background of central banks raising interest rates, as part of their attempt to contain inflation rates that rose after the Corona pandemic to reach record levels with the rise in energy prices.

But the United States may not be greatly affected by this recession, unlike Europe.

And unlike previous recessions, the global economy will not help Europe this time, and its exports are expected to decline throughout the current year.

On the other hand, lower energy prices and the United States' control over inflation rates - the factor that will support global economic growth - would help Europe's recovery, but it is unlikely that this will happen before the end of 2023.

the climate

The "Pravda" report indicates that experts expect the Russian-Ukrainian conflict to sharpen the resolve of European countries, which will seek to transition to renewable energy sources as a safer alternative to the energy provided by their opponents.


China

The Russian newspaper quoted the British newspaper "The Economist" as saying that the Chinese "zero Covid" policy pursued by President Xi Jinping is destroying the Chinese economy and inciting public opinion against it, especially with its clinging to the decision not to buy Western vaccines, preferring closure and quarantine.

With the slow growth of the Chinese economy, China will not be able to compete with the US economy in terms of size.

Growing regional conflicts

According to the Russian newspaper, British analysts believe that Russia's war on Ukraine prompted many parties to exploit the situation and unleash other conflicts.

For example, China may try to exploit the current circumstance to wage war on Taiwan, while tensions between India and China may lead to another conflict in the Himalayas, and Turkey may seek to extend its control over a Greek island in the Aegean Sea.

Alliances change

And the current geopolitical tensions - according to Labedeva - will push countries to establish alliances with the aim of eliminating strategic threats.

The report also expected that the current geopolitical tensions would lead to the emergence of new terms describing current trends and realities.

The Russian newspaper concluded its report by noting that the repercussions of the outbreak of the Corona pandemic, the conflicts between the great powers, the succession of economic crises, severe climatic phenomena, and rapid social and technological change, put an end to the period of relative stability and reduced the chances of predicting the geopolitical and economic future.