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0. Global socio-economic, geo-political developments affecting AEC

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Return to December 2020 update

Length: 0.6 min read;  137 word.

Note: The following paragraphs summarize the category of Global socio-economic, geo-political developments affecting AEC (indirectly) observed in December. More information about the specific category from December (and previous months) can be found in the downloaded report(s).The number in square brackets (e.g., [X]) refers to a reference where the reader can find more information about a specific statement.  The references can be found in the References list below, Systematized References page or in the downloaded report.

The discussion about this category decreased 30% in comparison to September (17% in December vs. 24% in September) in line with our observation of countless recapitulation articles. From the world of politics, the focus of discussions is still on the U.S. November election – Biden’s win and Trump’s continuous election claim. [163][164][165] Other topics include no-deal Brexit, U.S. - China trade war and China alienation from Australia, India, Mongolia and the EU [177], social justice movement, brewing conflicts globally (such as war crimes in Ethiopia, and the Taiwan – China conflict) with emphasis on the global economic downturn [83]. Global vaccine distribution could shape into humanitarian catastrophe as rich countries stampede for vaccines over poor countries. [67]  SolarWinds cyberattack is considered as one of the greatest spying operations in the U.S. history, performed by Russian hackers affecting over 80 global organizations including U.S. governmental agencies. [192][193] [194][195][196]

See September Category Summary

References

[67] M. Nichols, “U.N. warns 2021 shaping up to be a humanitarian catastrophe”, Reuters, Dec. 04, 2020.
[83] “Carmen Reinhart on the consequences of the pandemic”, The Economist, Nov. 17, 2020.
[163] “New York Post Tells Trump to ‘Give It Up’ Over Election Claim”, Bloomberg.com, Dec. 28, 2020.
[164] “KAL’s cartoon”, The Economist, Nov. 12, 2020.
[165] S. L. Spetalnick Matt, “Biden: Trump aides setting ‘roadblocks’ for his transition team”, Reuters, Dec. 29, 2020.
[177] J. Palmer, “How China Shaped the World in 2020”, Foreign Policy. (accessed Mar. 04, 2021)