Russia rides out the poly-crisis by expanding war fronts and challenging European elections.




By Claudia Segre

While the world was preparing to celebrate the passing of the inflation peak by lulling itself in the expectation of more accommodating central banks, compared to future remnants of rate hikes, here comes a series of dramatic events that sends any illusion of a new phase of ‘digital generative globalisation’ into the cellar, and Putin’s web becomes a global drama by re-anathematising Islamic jihad.

The West must pay for the insult of Ukrainian support. The operation of distraction and destruction of the masses to break the consensus towards Ukraine begins: and so after Niger, Nagorno Karabakh, here is the Hamas attack on Israel for which it is suspected satellite coverage and Russian hackers are part of a deadly jihadist planning with inhuman purposes on civilians, as was the case in France in 2015 not to mention the concomitant sabotage of the Finnish gas pipeline, which becomes a dossier under NATO scrutiny!

It was a weekend of great festivity in Israel, the end of the Feast of Sukkot, two more days of Shemini Atzeret and Hoshana Rabbah, the Feast of the Torah. All the families gathered for the last few days of a festive period which, with the New Year, in this final phase of the Feast of the Torah, offered a meaning of faith and people, now stained forever with the blood of innocent young lives and families as then the girls and boys of the Bataclan, horribly killed and tortured. In that case, too, there was a communications blackout. Still, there is a clear quantum leap in these events because nothing could have happened without adequate coverage and logistics, even communications, apparently made impossible by hackers.

While entire families reunited and unaware, and with their mobile phones switched off for Shabbat, all hell broke loose with a concurrence of the attack fronts as in France, with missile coverage too complicated and as much as five times greater than that experienced in May 2019, and which sent the rescue organisation and the mobilisation of the army into a tailspin. But this terrorist attack was played out not only on the sabotage of communications but also on the use of fake news, during and after the massacre of civilians, through social media that, in the first hours, threw the whole country into panic, fuelling suspicion that infiltrations might have reached the capital, and then now shows armed terrorists ‘cradling babies as hostages’.

The hope of a repeat of the 9/11-style collapse of the financial markets could be avoided due to the promptness of the market and supervisory authorities in monitoring trading flows. Still, it was useless in stemming the first objective of forcing the need to increase volatility and the price of crude oil to rise. And then, thanks to the ensuing sabotage of the Finnish gas pipeline, two significant variables for allies such as Russia and Iran and their revenues from energy sources and arms trafficking, which brings to mind Reagan’s speech on the evil empire, which is back in vogue.

It is not mystery that we were heading towards a normalisation of relations in the Middle East, from the Abrahamic Pacts to a consolidation of dialogue with Israel by both China and Saudi Arabia, which would counterbalance a drift of Islamist insurgency increasingly strong in North Africa and the Sahel on the one hand, and solidly positioned on the other in the territories of Afghanistan, Iran and Iraq. Authoritarian and dictatorial powers need to maintain a permanent state of war that feeds their state budgets and does not allow their ‘hostage’ populations to free themselves from such venial and political opportunism, as in the case of the Hamas terrorist armies and the Palestinian people against whom a unanimous declaration by the Gulf countries in the face of such heinousness would have sufficed to isolate them and give respite to a conflict that was finding substantial diplomatic avenues to help a population that had begun to openly manifest dissent over a ‘jihadist management’ of the territories without any hope of development and redistribution of the billions of US dollars channelled into weapons and the horror that had been committed.

In the aftermath of the Polish elections and in what was supposed to be an open debate on the European vision of a Green redemption led by sustainable finance versus a new positioning of the ‘ex-emerging’ G7 countries in the wake of a digital revolution, this Sukkot massacre has further polarised the geopolitical balances. It is revolutionising the key to interpreting a phase that now seems more and more to be one of deglobalisation, all this in the very year of the great turning point for the role of central banks and the new digital currencies and possible redemption of the West, so hated by Putin.

We need to understand what will be the levers of European ‘survival’ in the face of these multiple challenges: environmental, social and financial, because not everything is already written on chat GPT, at least on the inhumanity of terrorism that has never been eradicated and is always ready to strike for its own very tangible interests of territorial and economic domination.

About the author, Claudia Segre

As a financial expert, author, speaker, and the president of Global Thinking Foundation, Claudia Segre believes the only way to build a brighter, more prosperous future is to invest in the financial education of all women and girls.

She uses her platform to fight economic violence, accelerate financial inclusion for women, support female entrepreneurs, and promote the role of fintech in closing the gender gap.

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