Will China be a lone bright spot as other major economies struggle with the virus in the months ahead? And when the crisis finally ends, will China resume its role as the major driver of global growth, boosting the fortunes of multinationals once again? That appears to be the hope of many who have praised China for […]
Government policies restricting the operation of markets usually do more harm than good. Even in times of crisis, such as the current coronavirus pandemic, policymakers should do everything possible to keep markets working and private incentives strong. Read Here – Project Syndicate
India’s 21-day lockdown is set to end next week but several state leaders have called for an extension or only a partial lifting of restrictions, saying is the only way to avoid a coronavirus epidemic that will be difficult to tackle. India has so far escaped a big surge in cases after Prime Minister Narendra […]
After weeks long pressure from public health officials and lawmakers, Prime Minister Shinzo Abe said Monday the government would declare a state of emergency as soon as Tuesday covering Tokyo, Osaka and five other prefectures amid the growing outbreak of COVID-19, in a step that will empower prefectures to take restrictive measures. Read Here – […]
The era of peak globalisation is over. An economic system that relied on worldwide production and long supply chains is morphing into one that will be less interconnected. A way of life driven by unceasing mobility is shuddering to a stop. Our lives are going to be more physically constrained and more virtual than they […]
In theory, the sweeping coronavirus rescue package passed by Congress and signed by the president last week was not supposed to benefit Donald Trump or anyone else in his family and their businesses. But according to a Politico analysis of the 880-page, $2 trillion legislation, Jared Kushner’s family business appears poised to capitalise on a provision of the relief bill allowing owners […]
The fundamental pillars of Donald Trump’s presidency — a hot economy, strong job growth and a rocking stock market — are all being smashed to splinters by the ravaging coronavirus, which has shuttered much of the nation and now officially ended a streak of 113 months of job gains dating back to the end of […]
The United States has limited means of influencing China’s closed political system, but the diplomatic, economic, and military pressure that Washington can bring to bear on Beijing will put Xi and the Chinese Communist Party (CCP) he leads under enormous strain. Indeed, a prolonged period of strategic confrontation with the United States, such as the […]
The coronavirus outbreak has thrown 10 million Americans out of work in just two weeks in the swiftest, most stunning collapse the U.S. job market has ever witnessed, even as the public health crisis deepens in New York City, where a funeral home in a hard-hit neighbourhood had 185 bodies stacked up — more than […]
India will pull out of a three-week lockdown in phases, Prime Minister Narendra Modi said, as officials battle to contain the country’s biggest cluster of coronavirus infections in the capital, New Delhi. The shutdown, which has brought Asia’s third-largest economy to a shuddering halt, had been due to end on April 14. Read Here – […]
