The day Pope Francis passed away, the world didn't stop—but it did lay bare. His departure, this Monday, marked more than the end of the pontificate of a spiritual leader of over 1.3 billion people. It also marked a symbol: the silence of one of the few global voices that still spoke with moral authority in an era saturated with noise, polarization, and cynicism.
That same day, financial markets opened with a mix of caution and nervousness: the effects of the prolonged trade war between the United States and China continued to reverberate through the global economy. What began as a tariff exchange—affecting products valued at over 550 billion dollars between both powers—has escalated into a systemic confrontation. Technological competition, the decoupling of strategic supply chains, and new geopolitical alliances are redrawing the map of global power. The IMF, aware of the impact, has reduced its global growth forecasts for 2025 to 2.8%, and warns that economic fragmentation could cost the planet up to 12% of global GDP in the next two decades.








