Trump pushes Arab nations to join Abraham Accords; China builds alternative financial networks
Trump pushes Arab nations to join Abraham Accords; China builds alternative financial networks
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In this exclusive India Today Davos Brainstorm session, CNN Business Editor-at-Large Richard Quest shares his insights on the shifting global order. Quest highlights the 'rupture in the transatlantic alliance' as a defining crisis of 2026, noting that the confrontation between the US and Europe creates unprecedented market instability. He discusses how India is navigating this disruption by 'rewiring' trade through bilateral deals and managing US tariffs. On the subject of technology, Quest describes Artificial Intelligence as a 'revolutionary' tool, agreeing with Mohamed El-Erian's assessment of it being a 'rational but inevitable bubble' that will eventually cause unpleasant disruption. Despite the volatility, Quest emphasizes that the current global trade shifts are not merely academic but are happening in real-time. He concludes by noting that while uncertainty remains the only certitude for the next 12 months, the resilience of global business depends on how nations diversify their partnerships outside traditional multilateral frameworks.
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