Since election results were announced, the Trump future administration is taking shape involving people that are inline with the President-elect on immigration and other important policy actions due. The main contest is taking place for Treasury Secretary in which business as usual or dynamic change are the choices.
The current Biden administration is working now at double speed if not more. This started with finalising $6.6Bn award to TSMC under Chips act . On the geopolitical front things are moving towards an unpredictable period. Though there are signs of de-escalation between Israel and Iran, the attacks on and from proxies continue. Iran has said that it is open to talk with President-elect.
This is not true for Russia-Ukraine conflict in pas few days there have been some major escalations.According to report North Korean Army units have joined the conflict and more are expected to join. USA last night approved Ukraines use of its long range missile to attack certain Russian regions. And Russia is now aggressively attacking Ukraines energy Infrastructure.
Though a peaceful transition is being promised by Biden administration there are hints that it’s going to volatile. Making next two months more crucial for the World and it’s hard work done since lockdowns ended.
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