The world faces the worst war scenario in half a century. The strategic depth of the conflicts in Ukraine and the Middle East, the friction between the US and China and the possible return of Trump configure a high-risk horizon.
For the first time since 1945, Europe is experiencing a major war, in which a great power invades a country not only to subjugate it but to annex territory. The number of refugees and displaced people in the world, more than 100 million, is the highest on record.