Part 1
Surrender of 1708
After the failure to recapture the area of Ingria by General Georg Henrik Lybecker due to a lack of supplies, Charles XII realised that the problem of supplies would only be getting worse. Sweden did not have the ability to maintain a war for much longer as their armies were difficult to supply while campaigning in Russia. After this disastrous campaign, Tsar Peter once again offered peace to the Swedish, reiterating that they would only take Swedish Ingria, otherwise known as Neva. After a lot of discussion with advisors, Charles XII ultimately accepted the peace offer, and Russia now had a port in the Baltic Sea. Thus, the Great Northern War ended in 1708.
Development of Saint Petersburg
Being too close to the Swedish possessions in Karelia and Estonia, Peter decided not to move the capital to St Petersburg. While Tsar Peter stayed at the new city for some years, overseeing construction, he soon returned back to Moscow. Development of the city focused mainly on improving it's naval capabilities and making the city more defensible. However, Moscow needed attention as well, being the capital of the Empire. Hoping to improve its conditions. Much of the city was rebuilt with modern city planning in mind. This would see the population of Moscow grow larger in the next years.
Veneto-Ottoman War
With Austria still in the War of Spanish Succession, the Ottomans decided to invade Morea in 1710, given that Austria was at war while Russia was still rebuilding from a war. The war was a massive defeat for the Venetians, losing Dalmatia, Morea and the Greek islands in the peace of 1713. However, it was generally agreed upon that the war could have been much easier. The main issues included a lack of coordination, bad leaders and backwards technology. The Ottoman Empire reorientated itself as European and sought out to catch up with Europe, beginning the Tulip Era. Ahmed III knew that his main opponents would be the Janissaries and the Pashas, who were growing in their power and independence. He began the slow process of breaking the hereditary rule of many pashaliks, increasing central government supervision and creating more provinces.
Sweden in the War of Spanish Succession
Right after Sweden's surrender, Charles XII was determined to prove that Sweden was still a great powers. He joined the War of Spanish Succession against the Spanish and French. However, the Swedish played a relatively minor role in the war and was thus awarded with little. They only received the backwards Spanish colony of Florida. After the war ended, the Swedish began to develop Florida, founding a city on OTL Jacksonville. Eventually, the investment in Florida would pay off as the colony grew more profitable every year. Fishing and logging would become the backbone of the new Swedish colony.
With the Treaty of Utrecht, Phillip V of Spain would be unable to claim the throne of France. He certainly wanted to, however, with Austria at peace and an alliance of the Netherlands, France and England against him, Phillip backed down and began focusing on other matters, mainly domestic, attempting to raise Spain up to the standards of other Western European countries.
Important Events in Other Countries
Oman: In the Sultanate of Oman, the Sultan decides to move the capital from Muscat to Stone Town in Zanzibar in 1711, as he sees that the more highly populated Zanzibar to have more potential over Oman. The Omani navy, the only native navy in the Indian ocean with blue-seas capabilities, prospers as shipyards are built in the new capital. The Omanis were becoming a trade power in the Indian ocean.
New Zealand: After the Spanish Succession War ends, an adventurous Dutch explorer aims to visit the land described by Van Demien around 60 years ago. He arrives in the Bay of Islands, offering gifts to the natives. In return, they give gifts and allow the crew to come ashore. He would soon depart back to the Netherlands in hopes of a larger expedition, but not before further exploring the area.
POD:
Sweden sues for peace before the disastrous Battle of Poltava, getting away with a less brutal peace treaty.
Europeans come into contact with the Maori earlier.
The Omani rulers are interested in developing Zanzibar much earlier.