Rockets are fired from Gaza City towards Israel, on Oct. 7.
Photographer: Said Khatib/AFP/Getty Images
Fears of World War III Prey on Hedge Fund Titans and Policymakers Alike
The proliferation of interconnected conflicts is sparking comparisons with world wars past — and focusing policymakers on measures to prevent escalation
Officials and investors are starting to worry that the world is sliding toward a new era of great-power conflict, as the number of flashpoints multiplies from West Africa through Ukraine to the Middle East.
With countries scrambling to protect their interests and frozen conflicts again running hot, for some, the web of overlapping conflagrations carries echoes of the period before World War I when the pacts linking major opposing blocs dragged Europe into a continental war.