Three shocks that shook the World in 2025 By Yanis Varoufakis FEATURE View(s): View(s):ATHENS – This was the year that the remaining pillars of the late-20th-century order were shattered, exposing the hollow core of what passed for a global system. The contradiction was fatal: If the Ukraine war ended with a peace deal, it would be hard to sustain this economic pump-priming. In 2025, the US proved incapable of slowing China’s rise and, instead, unwittingly propelled its tech sector toward full independence. In the G2 world, the imagined global village is a gladiatorial arena where the EU and the UK now wander aimlessly. A new, harder, colder world order has been erected on the grave of European ambition.
