War is becoming the new status quo

Both companies and countries need to take account of spread of conflicts

Abishur Prakash

January 30, 2024 05:00 JST

An explosion during a Russian missile strike on Kyiv on Jan. 23: The Ukraine war has had a disruptive impact on global energy and food markets. © Reuters

Abishur Prakash is the founder of The Geopolitical Business, a Toronto-based advisory firm, and author of "The World Is Vertical: How Technology Is Remaking Globalization."

Sweden has not gone to war in more than 200 years, but the country's civil defense minister warned citizens this month that its long peace could soon come to an end.