Complex Phenomena in Global Politics, Economy, Environment, and Society

The changes in the Vatican

On May 8, 2025, Cardinal Robert Francis Prevost was elected as Pope Leo XIV, marking the birth of the first American pope in the history of the Catholic Church. Pope Leo XIV is noted as a leader who emphasizes inclusivity and reform within the church, drawing on his experiences in missionary work in Peru and as the head of the department responsible for bishop appointments. While inheriting the legacy of former Pope Francis, he is expected to strive for a balance between conservative and progressive views. His election can be seen as part of an effort to integrate diverse voices within the church.

Geopolitical tensions and uncertainty in global trade

Recently, diplomatic tensions between Algeria and France have escalated, and the trade relationship between the two countries appears to be worrying. This reflects the political instability in North Africa, as French companies express concerns about their assets in Algeria. Another factor is the war in Ukraine and the conflict between Israel and Hamas. These two events are negatively impacting energy and food security, increasing inflationary pressures globally.

Volatility and Institutionalization of the Cryptocurrency Market

Recently, Bitcoin is trading above $95,000 and showing bullish trends. XRP has risen by 5% as institutional interest has increased with the launch of Ripple's RLUSD stablecoin. However, the upward momentum is somewhat limited due to the ongoing lawsuit with the SEC. Additionally, CME Group is set to list XRP futures contracts in mid-May, which is expected to have a positive impact on the institutionalization of XRP and the expansion of the market.

Sports: Changes and Interest in European Football

Currently, Manchester United and Tottenham Hotspur are poised to advance to the Europa League final. The final is scheduled to take place on May 21 at the San Mames Stadium in Bilbao, Spain. However, Tottenham is currently in 16th place in the Premier League, leading to speculation that Roberto De Zerbi may be considered as a successor to head coach Ange Postecoglou.

Climate Change and Extreme Weather Events

In May 2025, above-average temperatures are expected in the southern and midwestern regions of the United States, with some areas anticipated to exceed 100°F (about 38°C). Record heat waves are also occurring in Asia and the Middle East, with temperatures expected to approach 120°F (about 49°C) in some areas. These extreme weather events are reminding us of the seriousness of climate change.

Conclusion

As of May 2025, the world is facing a variety of challenges, including political changes, geopolitical tensions, economic uncertainties, technological innovations, and climate change. These changes are intricately intertwined, and cooperation and response from countries and the international community appear more crucial than ever. It is important to closely observe and analyze these trends in order to develop strategies that can proactively respond to the changing world.