In today’s G-minus-2 world, both the United States and China are providing bad leadership. By further weakening the internal cohesion of the world’s leading powers, the COVID-19 crisis threatens to leave the world even more rudderless, unstable, and conflict-prone. Read Here – Project Syndicate
African states expect a devastating impact on their economies this year from the Covid-19 pandemic and are appealing for relief from repayments on billions of dollars in outstanding debt to cope. Most of those appeals involve China, the biggest lender to the continent, but it is unclear how Beijing will respond. Read Here – South China […]
The coronavirus hit at a time when the world was already turning inward, largely in reaction to the global financial crisis of 2008. Nations have been erecting barriers to the free flow of people, money and goods, even as the flow of internet data has continued to rise rapidly. There is evidence that all these […]
The novel coronavirus is an enormous test for Indian Prime Minister Narendra Modi. Not only must his government contain the spread of the virus in one of the densest, most populous countries in the world but it must prevent social-distancing measures from pushing India’s flagging economy over the cliff into free fall. Read Here – […]
If ever the modern world faced a “perfect storm,” this is it. The combination of a deadly and highly infectious virus, an emerging worldwide economic depression, the collapse of global governance, and an absence of a coordinated and effective international response—all have contributed to a tragedy of historic magnitude, one that will not be easily overcome. […]
With the U.S. economy stuck in a deep downturn, Trump is betting on his promotional skills — of corporate executives, small-business owners and American workers — to rescue his standing just six months before the general election. The president is pressing businesses and even schools to reopen as part of his message that the U.S. […]
Republicans are trying to pull off a high-wire act over the next three months: Reopen the economy enough to get most jobless Americans back to work and off the public dole, while resisting another giant stimulus package. If they fail, they’ll face a coronavirus cliff — an even deeper collapse in spending and sky-high unemployment […]
Gradually the invisible government of the establishment is becoming visible, as the bad governance of the Khan-led PTI government and its inability to bring the opposition parties to the table for a cohesive national action plan for fighting the Covid-19 pandemic and its impact on country’s economy has left the establishment with virtually no option […]
Countries from Italy to New Zealand have announced the easing of coronavirus lockdowns but British Prime Minister Boris Johnson, back at work on Monday after being in intensive care with the disease, said it was too soon to relax the restrictions. Nearly 3 million people have been infected by the coronavirus across the world and […]
The historic crash in oil prices in the wake of the coronavirus pandemic is reverberating across the Middle East as crude-dependent countries scramble to offset losses from a key source of state revenue — and all this at a time when several of them already face explosive social unrest. Read Here – APNews
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