Denouncing China was a bipartisan sport in Washington well before the coronavirus pandemic, but now leaders in Europe, where the pandemic has also hit hard, are clamouring for accountability from China because of its early missteps and obfuscation, which abetted the spread of coronavirus around the world. But how severely can they really punish a […]
The seeming confidence expressed by global equity markets in the face of the COVID-19 pandemic has surprised many – including many market participants. But a closer look reveals an unambiguous message: The global economy is facing a long, deep malaise, followed by a “new normal” of reduced earnings and profitability for all but a chosen […]
They said we were going to uncouple from the Middle East. Barack Obama, they said, was going to pivot to Asia. Donald Trump was, finally, going to get the United States the hell out of there. Intellectually, politically and, most importantly of all, militarily, we were going to put this most vexatious of regions behind […]
Global remittances are projected to decline sharply by about 20 percent in 2020 due to the economic crisis induced by the COVID-19 pandemic and shutdown. The projected fall, which would be the sharpest decline in recent history, is largely due to a fall in the wages and employment of migrant workers, who tend to be […]
Halting the pandemic that is ravaging much of the world should be everyone’s top priority, but delaying an independent review of national and international responses won’t slow the spread of the disease. Waiting to initiate such an inquiry will only deprive the WHO and its member states of valuable feedback that could help them improve […]
Senior Republicans and President Donald Trump’s campaign are wrestling with how to best position him for November as the coronavirus poses a grave threat to his reelection. With Trump’s poll figures sagging in key battleground states six months out from the election, the Republican National Committee has launched a massive effort to reach some 20 […]
At least 3,332 new coronavirus deaths were reported in the United States in a 24-hour period, according to a tally by Johns Hopkins University, one of the deadliest days since the outbreak began. The death toll in the country has surpassed 50,000 amid more than 870,000 cases. Read Here – AlJazeera
Unemployment in the U.S. is swelling to levels last seen during the Great Depression of the 1930s, with 1 in 6 American workers thrown out of a job by the coronavirus, according to new data released Thursday. In response to the deepening economic crisis, the House passed a nearly $500 billion spending package to help […]
By unsheathing the oil weapon, the Saudis have finally tested the patience of oil-patch Republicans, who have long been among their staunchest supporters in Congress. Even though the United States, Saudi Arabia, Russia, and other big oil producers reached a deal this month meant to curtail oil output and undo some of the damage, it […]
Beijing has been mounting a diplomatic push to help the world contain the pandemic and, in the process, reposition itself not as the authoritarian power that was slow to sound the alarm on the impending health crisis, but as the global leader that stepped up when others didn’t. In some places, it appears to be working. Not everywhere, though. […]
looking beyond borders 