The president of the United States of America has brought the world dangerously close to World War 3. After the major blunder in Afghanistan, the strategies of Joe Biden and NATO led us into the well-known Russia-Ukraine War. This wasn’t the end; another failure of Biden took us into Israel and Gaza. The United Nations has been unsuccessful in preventing these conflicts, and escalations have only been escalating.
Despite the widespread misunderstanding of the crucial reasons behind the Israel-Gaza war, the main cause is not internal and past disputes between Israel and Hamas. However, the main analytical explanation behind this war is the IMEC corridor. The India-Middle East-Europe Economic Corridor idea originated during the G20 summit hosted by India, where the African Union became a full-fledged member under India’s presidency.
The IMEC corridor aims to link India with Europe and vice versa, passing through Saudi Arabia and then Israel. This was considered a game-changer that would strongly impact China’s interests, especially their Belt and Road Initiative. China has invested a massive 70 billion USD in its initiative, with other undisclosed loans given to smaller countries.
The Israel-Gaza war has, however, nullified the IMEC corridor project, as Middle Eastern and Islamic nations are unlikely to collaborate with Israel now. Under the leadership of President Donald Trump, the relations between Israel and various Islamic nations were established and improved. The historical Abraham Accords were signed when countries like the U.A.E, Bahrain, Sudan and Morocco also normalised their relations with Israel. With all this happening around the world, the major beneficiary in this situation is China, whose interests are aligned with all that is going on and where it is taking the USA. In the coming future, the dominance and importance of China will increase and increase massively.
Under the Biden administration, the US dollar has not weakened, but for the first time, countries are seeking alternatives. BRICS nations have been working on introducing their currency, and oil, a crucial commodity, is being bought in currencies other than the US dollar. China trades in yuan with Saudi Arabia, and India trades in rupees with Russia.
Simultaneously, the importance of QUAD has significantly declined. Australia, a QUAD member, has recently aligned with China to resolve their issues. China, while maintaining quietness, is increasing its pressure and assertiveness towards Taiwan, India, and the South China Sea.
With elections in the USA, India, and Taiwan in 2024, and on the other hand, the USA is preoccupied with funding both Israel and Ukraine. Considering geopolitics, it seems like an opportune moment for China to invade Taiwan. This could be strategically the worst blunder in history.
There is a pressing need for a change in US and United Nations leadership; otherwise, the world is on the brink of a time when a communist country like China becomes the new superpower.