The new coronavirus is shaping up to be an enormous stress test for globalization. As critical supply chains break down, and nations hoard medical supplies and rush to limit travel, the crisis is forcing a major reevaluation of the interconnected global economy. Read Here – Foreign Affairs
A series of grim economic numbers from China have given the world a glimpse of what might lie ahead, as countries embark on draconian coronavirus containment measures. The Chinese economy went into free fall over the first two months of the year, data released on Monday showed, with industry, retail and investment all shrinking for […]
It took COVID-19 several weeks to mass migrate from China to Europe, but the continent is now awash in the virus. The pandemic has fully arrived in Italy and Spain. Other nations await the disease, hoping to slow its spread. It will kill many Europeans. It also might kill the European Union, at least the […]
How long the COVID-19 crisis will last, and what its immediate economic costs will be, is anyone’s guess. But even if the pandemic’s economic impact is contained, it may have already set the stage for a debt meltdown long in the making, starting in many of the Asian emerging and developing economies on the front […]
It was a somber Donald Trump who spoke at the White House today to declare a “national emergency” and that “we’re doing a great job.” Gone was his language about exaggerated fears and a “hoax” surrounding the coronavirus. His own daughter, Ivanka, stayed home rather than visit the White House because of her exposure to […]
The combination of a coronavirus-induced growth slowdown and worldwide financial panic means that a global recession this year is virtually certain. But recession might soon be the least of our worries…As long as US President Donald Trump remains in office, it is difficult to envisage any credible international effort to resolve the financial crisis caused […]
The denigration of certain populations is a familiar symptom of viral outbreaks. Disease, after all, fosters fear, which in turn fosters discrimination. During the 1853 yellow-fever epidemic in the United States, European immigrants, who were perceived to be more vulnerable to the disease, were the primary targets of stigmatization. During the SARS outbreak, which originated in China, East […]
Iran said it had asked the IMF for its first loan since the time of the Shah to combat a coronavirus outbreak that has claimed 429 lives and infected more than 10,000 people. Foreign Minister Mohammad Javad Zarif announced the request on Twitter, calling on the International Monetary Fund to “stand on the right side […]
The coronavirus has all but halted the world of international diplomacy, derailing major summits and leaving diplomats stranded as governments temporarily ban international travel. The World Trade Organization joined a raft of United Nations agencies, financial institutions, and international organizations that have been forced by the virus’s spread to cancel, suspend, or postpone conferences on […]
A bipartisan U.S. foreign policy consensus has elevated the rise of China to an organising principle of U.S. grand strategy. And realists on both sides of the political aisle argue that Washington’s and New Delhi’s interests align in seeking a balance of power in the Indo-Pacific region, with India’s heft and capabilities necessary for reaching that goal. Read Here […]
looking beyond borders 