NEW YORK: Following the annual meetings of the International Monetary Fund and the World Bank this month, the Middle East is teetering on the edge of a major conflict, and the rest of the world continues to fracture along new economic and...
NEW YORK: Humanity was caught off guard by the COVID-19 pandemic, even though we had effectively been warned by smaller-scale outbreaks – of SARS, Ebola, MERS, and avian flu – for decades. US President Barack Obama, recognising the true...
NEW YORK – There has been much handwringing about the retreat of democracy and the rise of authoritarianism in recent years – and for good reason. From Hungarian Prime Minister Viktor Orbán to former Brazilian President Jair...
NEW YORK: Conservatives often make a big show of worrying about the debt burden that we are passing on to our children. This moral argument featured prominently in congressional Republicans’ refusal to support a routine increase to the US...
NEW YORK : The run on Silicon Valley Bank (SVB) – on which nearly half of all venture-backed tech start-ups in the United States depend – is in part a rerun of a familiar story, but it’s more than that. Once again, economic policy...
NEW YORK: The Republican Party has long wrapped itself in the American flag, claiming to be the defender of 'freedom'. The GOP believes individuals should be free to carry firearms, spew hate speech, and eschew vaccines and face masks. The...
NEW YORK: Despite favourable indices, it is too soon to tell whether inflation has been tamed. Nonetheless, two clear lessons have emerged from the recent price surge. First, economists’ standard models – especially the dominant one...
NEW YORK: Politically, the G7 and like-minded countries around the world have adopted a war footing to stop Russian aggression. Russian President Vladimir Putin violated the most fundamental principle of international law by launching an unprovoked...
NEW YORK: The United States appears to have entered a new Cold War with both China and Russia. And US leaders’ portrayal of the confrontation as one between democracy and authoritarianism fails the smell test, especially at a time when the...
NEW YORK : Although COVID-19 has been hard on everyone, it has not been an 'equal opportunity' disease. The virus poses a greater threat to those who are already in poor health, many of whom are concentrated in poor countries with weak...
NEW YORK – Moves are afoot to replace or at least greatly weaken Kristalina Georgieva, the International Monetary Fund’s managing director since 2019. This is the same Georgieva whose excellent response to the pandemic quickly provided...
NEW YORK – The upsurge of COVID-19 cases, hospitalizations, and deaths in the United States serve as a bitter reminder that the pandemic is not over. The global economy will not return to normal until the disease is under control everywhere....
NEW YORK – Slight increases in the rate of inflation in the United States and Europe have triggered financial-market anxieties. Has US President Joe Biden’s administration risked overheating the economy with its $1.9 trillion rescue...
