We would look into major events in science and economics that shaped 2024.
1. CRISPR and Gene Editing Advances
Researchers made significant strides in CRISPR technology,
successfully editing genes to correct mutations responsible for genetic
disorders. A notable achievement was the first successful application of
CRISPR in treating a rare genetic disorder in humans, demonstrating its
potential for curing diseases that were previously thought to be
untreatable.
2. Breakthroughs in Quantum Computing
In 2024, scientists at a leading tech company unveiled a quantum
computer capable of solving complex problems exponentially faster than
classical computers. This advancement could revolutionize fields such as
cryptography, materials science, and drug discovery, paving the way for
unprecedented computational power.
3. Fusion Energy Milestone
The pursuit of clean energy reached a new milestone as researchers
achieved a net positive energy output from a nuclear fusion experiment
for the first time. This breakthrough demonstrates the feasibility of
fusion as a sustainable energy source, potentially transforming the
global energy landscape in the years to come.
4. Discovery of Ancient Life Forms on Mars
NASA’s Perseverance rover discovered fossils of microbial life in
ancient Martian rock samples, providing compelling evidence of life that
existed on Mars billions of years ago. This discovery ignites
excitement in the search for extraterrestrial life and deepens our
understanding of the planet’s history.
5. Advancements in Alzheimer’s Research
A major breakthrough in Alzheimer’s research was reported, with
scientists identifying a new biomarker that can detect the disease in
its earliest stages. This discovery opens the door for earlier
intervention and potential treatments, offering hope to millions
affected by this devastating condition.
6. New Exoplanets and the Search for Life
Astronomers discovered several Earth-sized exoplanets within the
habitable zone of their stars, reigniting the search for life beyond our
solar system. These discoveries were made using advanced telescopes and
highlight the ongoing quest to find potentially habitable worlds in our
galaxy.
7. Artificial Intelligence in Drug Discovery
AI technologies made significant headway in drug discovery processes,
reducing the time and cost of bringing new medications to market. In
2024, a new AI platform successfully identified and synthesized a
promising compound for treating a common form of cancer, showcasing the
transformative potential of AI in medicine.
8. Climate Change and Ocean Absorption Research
A comprehensive study revealed that the world’s oceans have absorbed
significantly more carbon dioxide than previously estimated, affecting
climate models and projections. This research underscores the importance
of understanding oceanic carbon dynamics in addressing climate change
and developing effective mitigation strategies.
9. Breakthroughs in Carbon Capture Technology
Researchers unveiled a new carbon capture technology that can
efficiently capture CO2 from the atmosphere and convert it into useful
materials, such as fuel and construction materials. This innovation
presents a promising avenue for combating climate change while providing
sustainable resources.
10. Insights into Human Consciousness
Neuroscientists made strides in understanding the nature of human
consciousness through advanced brain imaging techniques. They discovered
specific neural patterns associated with conscious thought, offering
new insights into how consciousness arises and its implications for
understanding mental health disorders.
Source: https://www.absolute-knowledge.com/top-10-science-discoveries-of-2024/
The Global Conflict Economy: How Wars Shape Economic Landscapes
Wars have historically devastated national economies, but the interconnected nature of today’s global economy magnifies their impact. Ukraine,
locked in a protracted struggle against Russian aggression, has seen
its GDP contract by 29%. The energy infrastructure targeted in
coordinated attacks has left millions without power, further
exacerbating an already dire economic situation. Meanwhile, the ongoing
blockade and aerial bombardments in Gaza have resulted in estimated
losses exceeding $4 billion, crippling any semblance of economic
recovery.
Sudan offers a stark example of a nation in freefall. Since April
2023, the civil war has displaced over 12 million people, disrupted
agricultural production, and pushed half the population into acute food
insecurity. The war’s regional spillover, particularly in Chad and South
Sudan, is overwhelming local economies already burdened by refugee
influxes.
In Myanmar, the economic repercussions of the military coup in 2021
continue to reverberate. The country has devolved into a patchwork of
conflict zones, with armed groups vying for control over natural
resources. The resulting instability has stifled foreign investment and
trade, relegating Myanmar to economic stagnation.
The economic impact of conflicts is no longer confined to war zones;
it is a global phenomenon. The interconnectedness of financial systems,
energy markets, and supply chains ensures that violence anywhere is felt
everywhere. This new reality demands innovative approaches to conflict
resolution and economic resilience.
First, targeted investments in conflict-prone regions could preempt
instability. Infrastructure projects that integrate local economies into
global trade networks, coupled with job creation initiatives,
can serve as deterrents to violence. Second, international frameworks
must adapt to ensure that humanitarian aid is not just reactive but
preemptive, addressing the root causes of displacement and deprivation.
Finally, diplomacy must prioritize economic interdependence as a tool for conflict prevention. The European Union’s reliance
on Ukrainian agricultural exports and Africa’s energy potential
highlight the mutual benefits of stability. Aligning these economic
imperatives with security strategies could redefine how nations engage
with fragile states.
Source: https://www.financialexpress.com/policy/economy-the-global-conflict-economy-how-wars-shape-economic-landscapes-3708987/