With little fanfare, the National People’s Congress—the annual convening of China’s top legislature and the country’s premier political event—rubber-stamped a $1.4 trillion infrastructure six-year spending plan on May 28, with fifth-generation (5G) wireless networks as its backbone. Read Here – Foreign Policy
The Great Lockdown is expected to play out in three phases, first as countries enter the lockdown, then as they exit, and finally as they escape the lockdown when there is a medical solution to the pandemic. Many countries are now in the second phase, as they reopen, with early signs of recovery, but with risks […]
The global distribution of power will continue to shift eastward, since East Asia has done better at managing the situation than Europe or the United States. Even though the pandemic originated in China and Beijing initially covered it up and allowed it to spread, China will benefit from the crisis, at least in relative terms. Read Here […]
Brazil, Mexico, South Africa, India and Pakistan are among countries easing tight restrictions, not only before their outbreaks have peaked but also before any detailed surveillance and testing system is in place to keep the virus under control. That could ultimately have devastating consequences, health experts warn. Read Here – APNews
The economic repercussions of the novel coronavirus pandemic must not be understood as an ordinary problem that macroeconomics can solve or alleviate. Rather, the world could be witnessing a fundamental shift in the very nature of the global economy. Read Here – Foreign Affairs
If recent weeks have shown us anything, it’s that the world is not just flat. It’s fragile. And we’re the ones who made it that way with our own hands. Just look around. Over the past 20 years, we’ve been steadily removing man-made and natural buffers, redundancies, regulations and norms that provide resilience and protection […]
Many on the left still cling to the hope that the COVID-19 crisis will translate into the use of state power on behalf of the powerless. But those in authority have never hesitated to harness government intervention to the preservation of oligarchy, and a pandemic alone won’t change that. Read Here – Project Syndicate
For the past four and a half years, Jack Dorsey has been living his best life. While the 43-year-old multibillionaire is one of the only CEOs on the S&P 500 who oversees two public companies, Twitter and Square, with more than 8,000 employees, and is an angel investor or adviser to start-ups, until coronavirus recently obliterated […]
The novel coronavirus plunged emerging markets into crisis. As investors rushed to safety, major emerging economies lost more than $100 billion in foreign currency reserves in the month of March alone. Trade flows shrank. New capital inflows dried up. In many ways, the pandemic has been harder on emerging economies than the 2008 global financial […]
From its founding in 1948 until the first decade of this century, WHO was mainly known for defeating smallpox, fighting polio and tuberculosis, and providing support to poor countries that lacked sufficient health infrastructure. However, under the leadership of Margaret Chan, appointed director-general in 2006, and her successor since 2017, Tedros Adhanom Ghebreyesus, WHO has […]
looking beyond borders 