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The end of the old era – and into a new, more dangerous, world
The proxy war in Ukraine is heading to a denouement with the US and Russia dividing the spoils while the European powers stand bewildered by events they have been wilfully blind to, says KEVIN OVENDEN

THIS THIRD week of February 2025 will go down in history as a turning point in world affairs.

The post-WWII system, extended 35 years ago with the end of the cold war, is dead. It was on life support long before Donald Trump resumed the presidency of the US. He has moved with whirlwind speed over the last month to rip up a dying order of multinational capitalist institutions through which the US exercised hegemony over allies and domination over foes.

Now resuscitation efforts have stopped. Anyone with any sense has called time of death.

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