In the global economy, transparency and rules are giving way to chaos, protectionism, and power struggles, while non-economic shocks increasingly impact business cycles. At the LŪŽIO TAŠKAS/TIPPING POINT conference, Indrė Genytė-Pikčienė, chief economist at Artea Bank, discusses the rise of geoeconomic fragmentation, energy shocks, and their challenges for central banks. She also covers the influence battles among major powers—from Trump's 'MAGA' to China’s global ambitions—and considers the new opportunities this pragmatism might bring for Europe and us.