This is that moment again, when our country needs to work across public and private sectors to lead while improving American competitiveness - which also means re-establishing the American promise of providing equal access to opportunity for all. During other times of great crisis, we have seen America, in partnership with other countries around the globe, unite for a common cause. Nevertheless, this is the moment when we should put aside our differences and work with other Western nations to come together in defense of democracy and essential freedoms, including free enterprise. While all these experiences and associated turmoil have serious ramifications on our company, colleagues, clients and the countries in which we do business, their consequences on the world at large - with the extreme suffering of the Ukrainian people and the potential restructuring of the global order - are far more important.Īs these events unfold, America remains divided within its borders, and its global leadership role is being challenged outside of its borders. Almost all nations felt the effects of global economic uncertainty, including higher energy and food prices, mounting inflation rates and volatile markets, and, of course, COVID-19’s lingering impacts. Across the globe, 2022 was another year of significant challenges: from a terrible war in Ukraine and growing geopolitical tensions - particularly with China - to a politically divided America.

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