The duality of Recession and Inflation Economic challenges from here and to Pakistan

"Here" means your location wherever you are. The world is on the verge of inflation-recession confrontation, we can say if the Washington’s sanctions imposed over a country the direct and indirect contagion will definitely infest over the food and energy-producing countries and reverberate around the world. Herein lies an evolving problem, a problem raising amid the recession-ridden states following the global markets closing, and the states overburdened by the evolving economic inflation as result of the raw materials shortage as what is currently happening nowadays in west.
So how far the recession-ridden countries can alleviate the knock-ons of it, and what are the actions of throw off the yoke of this long-term recession even partially. U.S upper hand over the world is due to the domination of Dollar over trading in financial markets, From the imposition of tight control over global financial channels through transfer systems, according to the Bretton Woods Agreement of 1944 before the end of World War II, the Dollar became the most widely used global reserve currency in global transactions, followed by the application of financial transfer systems controlled by the American pole, the most important of which is the famous SWIFT system. Subsequently, the enemies of U.S are endeavouring to let off the recession, and to find out financial innovations help reduce the reliance on the U.S dollar, so they found new ties and financial exchange agreements and alternatives for SWIFT system and digital cryptocurrency.
For instance; China the craving country for the power produced in Russia has created CIPS as an alternative to SWIFT system CIPS (Cross-border Interbank Payment System), but the question is “how far will such an alternative be suspended? if we compare the achievement of CIPS (12 trillion dollars) within a year what can be achieved by SWIFT within less than3 days. Simultaneously, these countries commenced researching for new possible markets, as occurred with Russian orientation towards Pakistan, only few days ago the deputy-prime minister Alexander Novak said “Moscow is all set to sell the gas to Pakistan via the middle Asian infrastructure or by gas exchange through the Iranian lands”.
And the Russian Pakistani talks with some Russian state-owned enterprises confirms his statement. Reports soon began to flow from the Southeast Asian country Pakistan, suggesting that the resumption of the debate over gas imports from Russia would largely not reach for two reasons. First, Pakistan's shortage of infrastructure to import Russian gas. Secondly, the inadequacy in the existing pipelines system in transporting gas from one point to another. Consequently, those Pakistani attempts to import the Russian gas will not come to light due to the financial distress, knowing that, the Pakistani expending over development has decreased up to 38 per cent in November, according to data from Pakistan's Ministry of Planning and Development, this massive decline will not only slow down the economy, but also affect revenue collection.
This is a small example: How can the Depression find new markets between allies that are already suffering from a weak economy as a result of the inflation cycle and its impact on the rest of the world?. On the other side, the toughest ally China is trying to the maximum extent to alleviate this blockade over the energy-exporting countries and being the vital artery for the Chinese economy, and the Gulf Arab leaders meeting with Xi Jing Bing and the other agreements are considered corner block to a fruitful process has not come into force yet because of the U.S influencing over the Gulf Arab leaders. But we cannot ignore the Ukrainian role over the Recession/Inflation across the world, The Ukrainian war, which allowed the imposition of sanctions on large areas of the world, namely Russia and a number of its allies, to join Syria, Iraq, Libya and Iran, not forgetting North Korea and before its Cuba, which has long suffered under the hammer of US sanctions, and any breakthrough in this regard may lead to a change in the equation. Until then, this duality of recession and inflation remains in the hands of a single pole to manage its course, until new poles emerge and other visions of a new world era emerge.