A spiraling supply shock spreading across Asia threatens to cross the Pacific and reshape everyday life in the United States
I shuddered with fear when something slippery wrapped around my leg while I was swimming in the open sea in Con Dao – a remote island in the South of Vietnam. For a brief moment, it conjured up a scene in Steven Spielberg’s thriller Jaws in which a character was pulled down under the water
More
Reinforcing its position as a leader in green finance and a strong supporter of capital markets, the European Bank for Reconstruction and Development (EBRD) has invested US$ 50 million in a green bond issued by QNB Finansbank, a major Turkish lender.
More
The U.S. Centers for Disease Control and Prevention (CDC)’s May 13 announcement that fully vaccinated individuals could resume pre-pandemic activities without wearing masks was met with praise from some, but confusion and condemnation from many public health experts.
More
Over the last 10 months, Patrisse Cullors led the main Black Lives Matter s group to significant success: assembling a $100 million war chest, getting a bill introduced in Congress and critical race theory curricula distributed to unsuspecting children in 14,000 school districts, and achieving enough cultural cachet to partner with the musical “Hamilton.”
More
As preparations are made for the G7 Summit in the UK next week, top of the agenda is how to end the COVID-19 pandemic and secure the global recovery. Urgent challenges face us.
More
A top Federal Reserve official raised eyebrows in the financial services world last week by saying that the central bank is stepping up development of a plan that could result in the issuance of a digitized version of the U.S. dollar.
More
The opening of floodgates at a Soviet-era hydroelectric dam north of Tbilisi has lowered the waters of the Mtkvari River, exposing a bridge across an ancient crossing point for archaeologists to study.
More
Cox’s Bazar, home to 900,000 Rohingya refugees, narrowly avoided Cyclone Yaas last week – the Bay of Bengal’s second major storm of the cyclone season that went on to do over USD 2 billion damage elsewhere in Bangladesh and India.
More
The European Commission has opened a formal antitrust investigation to assess whether Facebook violated EU competition rules by using advertising data gathered in particular from advertisers in order to compete with them in markets where Facebook is active such as classified ads.
More
With vaccination rates increasing and COVID-19 case rates declining, there is an urgency to get back to normal.
More