Global developments to watch over the next five years to 2031

Vikram Mansharamani  |  12 January 2026

2025 will likely go down in history as one of the most eventful, action-packed years of the 21st century. The return of Donald Trump to the White House was perhaps the most consequential event, but also competing for headlines were the rapid rise of artificial intelligence and its voracious appetite for energy, China’s domestic deflation, and the ongoing conflicts in the Middle East and Ukraine. The Epstein files proved far more resilient than expected, gasoline prices plunged while gold surged, and many stock markets rose to new highs.

All of this took place while Thailand and Camb...

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