How to deal with the economic costs of the coronavirus is dividing the eurozone countries once again.
If COVID-19 has taught us anything, it is that delaying prudent policymaking does not merely result in higher marginal costs down the road. Rather, it puts us on an entirely different trajectory – one that all too easily can end in catastrophe.
The Environmental Protection Agency (EPA) will soon issue a regulation governing how carbon dioxide emissions from wood burned for energy (“biomass”) will be regulated under the Clean Air Act.
Making its call at the start of the 2020 edition of World Immunization Week, UNICEF said on Saturday that millions of children are in danger of missing life-saving vaccines against measles, diphtheria and polio due to disruptions in immunization service as the world rushes to slow the spread of COVID-19.
EU candidate countries from the region have greeted an offer of 3 billion euros in emergency loans to deal with the fallout from the COVID-19 pandemic – although the terms of the loans have yet to be clarified.
In just the past few days, President Trump has blamed immigrants, China, the “fake news” and, of course, “the invisible enemy” of the coronavirus for America’s present troubles. He has opined extemporaneously about his plans to hold a grand Fourth of July celebration on the National Mall and has announced that he planted a tree on the White House lawn in honor of Earth Day.
The present order is still primarily a legacy of past world wars. National arsenals and multilateral institutions established to fortify that order have all been aimed at not having to fight the last war again or prevailing in a rematch. As such, they are proving woefully ill-equipped for the threats we face going forward: global pandemics like COVID-19 and what some have called “the slow-motion pandemic” of climate change.
In the pandemic, for the first time in living memory, humanity is confronting a common threat that it must defeat collectively. Most arguments currently revolve around the cost of that victory in terms of loss of life and economic damage. The disruption will indeed be huge, comparable only to that wrought by major global conflicts.
The French president has laid down the gauntlet by warning the European political project could end if it fails to embrace burden-sharing. One of two scenarios could now play out.
What economies face now may not be solely a coronavirus-triggered meltdown. As devastating as the coming recession—or depression—is likely to be, the health crisis is exacerbating problems in a system that was already under strain.
The world is at risk of widespread famines "of biblical proportions" caused by the coronavirus pandemic, the UN has warned.
In Earth Day speech, U.N. Secretary-General Antonio Guterres will challenge President Donald Trump on fossil fuel subsidies.
Though it is taking place amid some of the most terrible circumstances imaginable, the coronavirus outbreak is also a real-world experiment. We are testing many of the assumptions shared by those who invest a lot of trust in public knowledge and government competence. The experiment isn’t going so well.
And the clock is ticking: The last opportunity to act will be April 23, when European leaders convene to approve their ministers’ document. So far, no unity has emerged for badly needed, centralized European fiscal action.
The head of the World Health Organization (WHO) told a virtual meeting of the G20 leading global economies on Sunday that although it was encouraging for some countries to be planning to ease lockdowns against COVID-19, “it is critical that these measures are a phased process”.
The end of the Cold War was a heady time in the West. Francis Fukuyama’s essay “The End of History?”—which argued that the world was witnessing the “unabashed victory of economic and political liberalism”—was published in the National Interest a few months before the fall of the Berlin Wall.
STRASBOURG – A group of 21 MEPs sent a letter to European Commissioner for Neighbourhood and Enlargement Olivér Várhelyi in which they point out to “extremely serious” situation in Serbia in regard to constitutional and human rights, N1 reports.
The COVID-19 virus, as frightening as it now seems, may ultimately fail to jolt humanity out of its profligate habits. But instead of regarding the pandemic as merely another problem requiring a technical fix, the world should see it as an opportunity to rethink humanity's relationship with the planet.
The former PM on his sympathy for Boris Johnson, Keir Starmer’s leadership – and why the US president’s approach to global health is an act of self-harm
The world may soon pass “peak virus.” But true recovery will take years—and the ripple effects will be seismic. Parag Khanna and Karan Khemka forecast the aftershocks.
The coronavirus pandemic should have been a moment for global action. Instead, the U.N. is riven with dissension and self-doubt, and countries are going their own way.
Four months into the corona crisis and one month into the nerve-racking spectacle of social and economic shutdown, it becomes clear that the big geopolitical loser of the pandemic is likely going to be Europe.
With the COVID-19 pandemic still spiraling out of control, the best economic outcome that anyone can hope for is a recession deeper than that following the 2008 financial crisis. But given the flailing policy response so far, the chances of a far worse outcome are increasing by the day.
Companies say they need the military’s wireless spectrum to build a 5G network. The military has other plans—and nobody is sure what they are.
The ice in Antarctica is melting six times faster than it did forty years ago, resulting in more calving of icebergs—with existential stakes.