China called on the United States to stop blaming it for the coronavirus pandemic, saying it was “also a victim”, as international pressure mounts on Beijing over its handling of the crisis. Foreign ministry spokesman Geng Shuang said the global community should work together instead of casting blame or demanding compensation. Read Here – South […]
With cases of the novel coronavirus confirmed in Syria, Libya and Yemen in recent weeks, there are rising fears of potential mass outbreaks in war zones in the Arab world. Rights groups and experts have predicted that a mass COVID-19 outbreak in Middle Eastern countries mired in conflict could have devastating humanitarian consequences, as years […]
Tattoo parlours and hair salons in Denmark. Beaches in Australia. Bookstores in Germany. Countries around the world that have seen coronavirus infections flatten out began easing their lockdowns Monday. In the U.S., meanwhile, the debate took on an increasingly political edge. Read Here – APNews
This is a “crisis like no other.” The outlook is dire. We expect global economic activity to decline on a scale we have not seen since the Great Depression. This year 170 countries will see income per capita go down—only months ago we were projecting 160 economies to register positive per capita income growth. Read Here – […]
During normal times, if the world’s petroleum producers announced an agreement to slash output, oil prices would immediately spike. During normal times, lower crude prices would boost economic growth. During normal times, low oil prices might be reason to celebrate. But if there is one fact we can agree on, it is that these are […]
After suffering severe labour shortages due to the COVID-19 pandemic, it seems unlikely that advanced-economy farmers will return to business as usual. Instead, many will probably attempt to mitigate the risks stemming from dependence on foreign seasonal workers by automating more of their operations. Read Here – Project Syndicate
Either Beijing will find innovative ways that benefit debtor nations or it will be seen as just another predatory lender in a long history of empire builders. The backlash to China’s presence in lands around the world will soon follow, along with fractured political and economic relationships that become difficult, if not impossible, to mend. […]
US President Donald Trump has warned China that it should face consequences if it was “knowingly responsible” for the coronavirus pandemic, as he ratcheted up criticism of Beijing over its handling of the outbreak. “It could have been stopped in China before it started and it wasn’t, and the whole world is suffering because of it,” […]
Ours is the age of the rule by ‘strong men’: leaders who believe that they have been elected to deliver the will of the people. Woe betide anything that stands in the way, be it the political opposition, the courts, the media or brave individuals. While these demonised guardians of freedom are belittled, brushed aside […]
Governments around the world are wrestling with when — and how — to ease the restrictions designed to control the coronavirus pandemic amid rising unemployment and with many of their citizens struggling to make ends meet. Mandatory lockdowns to stop the spread of the new virus, which has so far infected almost 2.3 million people […]
