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The Financial Times has published forecasts for 2023. In particular, they relate to the war in Ukraine.
FT analysts believe that Russia's war against Ukraine will continue throughout 2023.
Rolling blackouts for Europe possible: when they can start
They also predict that rolling blackouts may begin in the EU. They note that this could happen as early as April.
According to analysts, this could happen if the weather is cold. They believe that it will not be easy to replenish underground gas storage after the end of the winter season in the EU.
It is predicted that the increase in global warming will not reach the threshold of 1.5 degrees before the end of the year, but this may happen before 2024. According to analysts, the planet has warmed by 1.1 degrees compared to the average temperature in 2011-2020.
The US Federal Reserve will not cut interest rates. By the end of 2023, they may increase by more than 5%. Analysts note that the Fed has been warning about plans to continue raising rates.
World Leaders Forecast
FT analysts are convinced that British Prime Minister Rishi Sunak will retain his post. The material notes that Sunak is more “steady” than his predecessors Boris Johnson and Liz Truss. However, they believe that he may face pressure from members of the Conservative Party.
The European Central Bank (ECB) will not support the bond markets of Italy and other EU countries. According to the FT's expectations, the yield of EU bonds will be limited, but the ECB will not provide them with support.
Also, the FT spoke about Joe Biden. They noted that he will run for president of the United States. The publication's experts are convinced that Biden's second term could be the most successful option for the Democratic Party.
Former US President Donald Trump will be charged. The material says that the US authorities have four reasons for this: an attempt to abolish the 2020 presidential election, the preservation of secret documents after the end of the presidential term, pressure on the representatives of the state of Georgia in the elections, and fraud.
Will China Attack Taiwan
FT experts believe that China will be able to achieve economic growth of more than 5% by the end of 2023. They claim that economic activity in the country will recover when the authorities can introduce a loose policy to combat the coronavirus.
They also said that China will not attack Taiwan. According to experts, if the invasion takes place, then not in 2023, but later.
Turkish President Recep Tayyip Erdogan will retain his post following the results of the elections in the summer of 2023. To this end, he can use honest and dishonest methods, according to the FT. However, his next term may exacerbate Turkey's economic problems.
Protests in Iran will continue due to the consequences of Western sanctions. According to the FT, the rallies show the fatigue of Iranian citizens from the current authorities.
Curious. Also, the FT believes that Twitter will retain its audience, despite the problems in the social network after the acquisition by businessman Elon Musk. In addition, FT analysts expect at least one more large cryptocurrency business to fail in 2023.
