Is the world on the brink of a second Cold War?

There’s been a lot of discussion over the past year about the emergence of a multipolar global economy in the aftermath of the pandemic amid the trade and geopolitical tensions between China and the US and the war in Ukraine. According to a senior International Monetary Fund executive, we could actually be on the brink of a second Cold War . Getting closer: Chinese President Xi Jinping, right, and Russian President Vladimir Putin. Credit: AP The IMF’s first managing deputy director, Gita Gopinath, said in a speech to the International Economic Association in Colombia on Tuesday that while there were no signs of a broad-based…