Current global power dynamics are strongly influenced by various factors that interact in the geopolitical arena. Since the end of the Cold War, we have witnessed a transition from bipolarity to multipolarity, in which new powers have emerged as the main actors. Recent trends indicate the need for in-depth analysis of international relations, especially in the context of collaboration and conflict between states. One of the main trends in geopolitics today is China’s rise as a significant global power. The Belt and Road Initiative, as part of a global economic development strategy, shows China’s ambition to expand its influence in Asia, Europe and Africa. Investments in infrastructure and trade have changed the geopolitical map and increased developing countries’ dependence on China. On the other hand, the United States remains the dominant player, despite challenges from Russia and China. US foreign policy, especially under the latest administration, shows an effort to restore traditional alliances and strengthen NATO in the face of threats from the Kremlin. Russia, with its military expansion in Ukraine and active role in Syria, is reasserting its influence and creating uncertainty in Europe. Climate change is also a crucial factor influencing global power dynamics. Countries such as France and Germany are trying to lead the sustainability agenda, while some developing countries are focusing on rapid economic growth despite its environmental costs. Global agreements such as the Paris Agreement show recognition of this challenge, but also raise tensions between developed and developing countries over emissions responsibilities. Cyber ​​issues are also increasingly important in geopolitics. Cyber ​​attacks and information influence are becoming strategic tools used by states to advance their interests. Examples include interference in elections in the United States and Europe, demonstrating how vulnerable democratic systems are to external manipulation. Economic, trade and technological uncertainties also play a big role. The trade war between the US and China has created new tensions, with far-reaching impacts on global supply chains. China’s development of technologies such as artificial intelligence and 5G is creating intense competition, while Western countries are trying to maintain an innovation lead. Humanitarian crises, such as those occurring in Afghanistan and other conflict areas, pose new challenges for the international community. Refugee management and humanitarian assistance have become important issues in global diplomacy, with countries trying to balance domestic interests and international responsibilities. Apart from that, Southeast Asia is the center of attention as an arena for battles between great powers. With their strategic location and rapid economic growth, countries in the region, such as Indonesia and Vietnam, face pressure to balance their relations with the US and China. In the regional context, the European Union faces internal challenges such as populism and migration, but is also trying to become a stronger global actor. Defense cooperation and a more integrated foreign policy are priorities to improve Europe’s position in the world. Global power dynamics are constantly changing, and ongoing analysis of these factors is essential to understanding the future direction of world increasingly complex geopolitics.