Beyond the immediate emergency, a radical change in European policies is needed. European fiscal policy should be based on a large common budget and greater autonomy for national governments.
As coronavirus spreads rapidly around the world, outpacing our capacity for testing, let alone treatment, the long-anticipated monster is finally at the door. And with global capitalism so impotent in the face of this biological crisis, our demands must be for properly international public-health infrastructure.
The outbreak of coronavirus has become more than a deadly epidemic. It is also a canvas on to which people’s deepest fears and prejudices are being projected
While relatively stable and wealthy countries struggle to respond effectively to this threat, how will the world’s actual war zones cope?
The coronavirus outbreak, which was first detected in China, has infected people in 185 countries. Its spread has left businesses around the world counting the costs.
The latest federal data revealed 20.5 million jobs lost in April, and unemployment rivaling the Great Depression. A program to provide loans to small businesses ran dry. President Trump will be tested daily after a valet fell ill.
Over all, analysts at Goldman Sachs forecast that earnings of companies in the S&P 500 will decline by 33 percent this year, but then surge by more than 50 percent in 2021.
Beijing’s information strategy appears to have changed in recent weeks — one of many facets of geopolitics the coronavirus has upended in its wake. How that strategy unfolds — including whether these changes stick or constitute a one-time departure — and how the United States engages will have implications for the contest between democrats and autocrats.
Few lawmakers, at least so far, expect their government’s emergency measures to be abused. If, by contrast, his European counterparts have little confidence in the Hungarian prime minister, that is his own fault.
Crises have a way of separating the leader-like wheat from the opportunistic chaff. So who’s leading and who’s seeking political advantage?
