The New Global Order

As the globe struggles with worldwide issues, such as climate change, growing inequality and the need to finance the energy transition, new taxation schemes are discussed. Brazil's G20 proposal seeks to transform the global tax framework into a more progressive one. This November, global leaders will have a chance to expand upon these ideas and to deliver on a propositive and determined tax vision for the future.

Ukraine's path to EU membership will necessitate the establishment of clear standards for rule of law and fundamental values, along with effective mechanisms to ensure ongoing compliance post-accession. This approach is crucial to ensuring that future enlargements positively impact EU governance.

Amid growing debates about Brazil's economic policy, President Luiz Inácio Lula da Silva has indicated to his allies that he does not intend to make public demands on economist Gabriel Galípolo, his nominee to take over as president of the Central Bank from January 2025. This position shows a change in the relationship between Lula and the Central Bank. It is worth remembering that this is Lula's first appointment after the institution gained operational autonomy in 2021. Galípolo's appointment and tacit support for stricter interest rate policies raise questions about why Lula, historically critical of the Central Bank's autonomy, is now adopting a more open and moderate stance.

As the 2024 election approaches, Pennsylvania remains one of the most pivotal swing states, where its diverse demographic and economic landscape could once again decide the presidency. The state's history as a political battleground is solidified through landmark elections, electoral shifts and demographic changes, in which both parties continuously adapt strategies to secure its 19 electoral votes.

Philippine Offshore Gambling Operators (POGO) have shaken the Philippines' perception of its internal security amid allegations of linked violent crimes and espionage. For several months the ongoing situation created more questions than any of the country's officials can answer. Such issues have led to calls to raise it as a national security threat. However, security agencies refuse to do so despite the issue's overwhelming severity.

The far-right populist Freedom Party of Austria has won the general elections. Though, it does not necessarily mean that the FPO will head towards forming the government, its victory in elections suggest that it has been successful in spreading its anti-immigration, xenophobic, anti-EU rhetoric among its population.