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BREAKING
Al Mayadeen's correspondent: The Lebanese Army is continuing its investigations and will later announce any information that does not affect the confidentiality of the investigation
Al Mayadeen's correspondent: It has not yet been determined whether the detainees belong to ISIS or another organization
Al Mayadeen's correspondent: Around 10 people of different nationalities, including Lebanese nationals, were detained
Al Mayadeen's correspondent: The Lebanese army arrested a number of people in the Matn area of Mount Lebanon with possession it has not disclosed
Gaza Civil Defense spokesman: We have strong indications that there are martyrs, injuries, and trapped people in the Salah al-Din area
Gaza Civil Defense spokesman: Citizens should avoid Salah al-Din Street because anyone who approaches it is at risk of being directly targeted
Gaza Civil Defense spokesman: Reality is that there is a very limited retreat of the vehicles, with the occupation forces providing cover undeer fire up to Salah al-Din Street
Gaza Civil Defense spokesman: Claims that the Israeli occupation has withdrawn from areas in the neighborhoods of al-Zaytoun, al-Tuffah, and al-Shujaiya are false
Hamas: The two delegations stressed that any negotiations must lead to the achievement of our people's goals and aspirations, foremost among which is ending the war and the complete withdrawal of enemy forces
Hamas: A delegation from the Hamas leadership, led by the head of the leadership council, Mohammad Darwish, met with an Islamic Jihad delegation, headed by its Secretary-General, Ziyad al-Nakhalah

World facing 'most complex' situation in decades: WEF

  • By Al Mayadeen English
  • Source: Agencies
  • 24 Jun 2025 08:56
2 Min Read

World Economic Forum President Borge Brende highlights the most complex geopolitical and geo-economic conditions in decades, warning of long-term impacts on global growth.

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  • World facing 'most complex' situation in decades: WEF
    Former Norwegian Foreign Minister Borge Brende delivers a speech during a conference on Afghanistan in Brussels, on October 4, 2016. (AP)

The world is grappling with the "most complex" geopolitical and geo-economic landscape in decades, warned Borge Brende, President and CEO of the World Economic Forum (WEF).

In an interview with AFP ahead of the WEF’s Summer Davos meeting in Tianjin, Brende cautioned that persistent global instability is casting a long shadow over economic growth prospects.

"It is the most complex geopolitical and geo-economic backdrop we've seen in decades," Brende emphasized, cautioning that without effective measures to stimulate growth, the world could face "a decade of lower growth."

The meeting in Tianjin comes at a time of heightened geopolitical tensions, particularly in light of the United States' involvement in the war on Iran, following months of economic strain caused by a tariff war initiated under US President Donald Trump.

Brende noted that it is too early to assess the consequences of these trade measures, stating: "It is too early to say what these tariffs will end with because the negotiations are still ongoing."

Uncertain future for globalization and trade growth

According to Brende, the traditional form of globalization is fundamentally transforming, "The jury is still out, but the traditional globalisation we saw is now changed into a different system."

"That is a new chapter... especially since trade was the engine of growth."

Brende further warned that increasing global conflict could have a "very negative impact" on overall economic expansion.

High-ranking officials, including Singaporean Prime Minister Lawrence Wong, are set to attend the WEF's meeting in the northern Chinese port city of Tianjin, colloquially known as the "Summer Davos."

The forum is expected to address the urgent need for economic revival amid an unstable geopolitical climate.

  • Summer Davos
  • World Economic Forum
  • Borge Brende
  • Tianjin
  • Oil prices

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