Inside the rarified atmosphere of the Great Hall of the People, the aroma of disinfectant will mingle with a whiff of economic distress. A toxic mix before Premier Li Keqiang gives his annual state-of-the-union-style speech at the National People’s Congress in Beijing later this week. Outside, the air will be virulent as the fallout from the […]
Trump remains the unpredictable force that he has been since he began running for the presidency. Trump’s presidency could be destroyed by the pandemic if it continues to rage and the economy remains stagnant or worse. But Trump has shown that he is the ultimate political survivor. Biden should beware. Read Here – The National […]
By many measures, 2020 is looking to be the worst year that humankind has faced in many decades. We’re in the midst of a pandemic… The world economy is in free fall, with unemployment rising dramatically, trade and output plummeting, and no hopeful end in sight. A plague of locusts is back for a second time […]
The viruses and related diseases are not necessarily new but the spillover to humans appears to be occurring with increasing frequency. These viruses are unfamiliar to human immune systems and therein lies the problem… When further propagated by global supply chains, what previously might have been isolated pockets of disease turn into global concerns—and in […]
So far, most investors have viewed the easing of lockdown measures as a big positive for markets….It’s true that for the economy to begin climbing out of a sharp recession, businesses must be allowed to reopen and restrictions on movement have to be lifted. But reopening also carries with it fresh risks. Read Here – CNN
The COVID-19 crisis is now widely seen as the greatest economic calamity since the Great Depression. In January, the IMF expected global income to grow 3 percent; it is now forecast to fall 3 percent, much worse than during the Great Recession of 2008-09. Behind this dire statistic is an even grimmer possibility: if past pandemics are […]
The number of coronavirus cases worldwide topped four million as some of the hardest-hit countries on Sunday readied to lift lockdown restrictions despite concern about a second wave of infections. Governments are trying to stop the spread of the deadly disease while scrambling for ways to relieve pressure on their economies, which are facing a […]
The economic free fall accompanying the coronavirus pandemic has, by some measures, made the world a cleaner place. Air pollution in Chinese, Indian, and U.S. cities is way down… But could the pandemic lay the foundation for more serious action to protect the environment—including on the greatest of all environmental problems, climate change? The short answer […]
…despite the best efforts of ideological warriors in Beijing and Washington, the uncomfortable truth is that China and the United States are both likely to emerge from this crisis significantly diminished. Neither a new Pax Sinica nor a renewed Pax Americana will rise from the ruins. Rather, both powers will be weakened, at home and […]
China called on the United States to stop blaming it for the coronavirus pandemic, saying it was “also a victim”, as international pressure mounts on Beijing over its handling of the crisis. Foreign ministry spokesman Geng Shuang said the global community should work together instead of casting blame or demanding compensation. Read Here – South […]
looking beyond borders 