Subterms
Ignore the bankers – the Trump economy is not worth more coronavirus deaths Robert Reich CEOs, billionaires and advisers have the president’s ear and want people back to work. They are callous – and wrong US coronavirus outbreak: live Global coronavirus outbreak: live Read all our coronavirus coverage Defense Secretary Mark Esper and President Donald […] More
Many Western governments are willing to climb any mountain and pay any price to save lives. In the process, many of them are also politicizing their response to the coronavirus pandemic while acting too late and too meekly, setting the stage for what is yet to come. The West can learn a lot from the […] More
US President Donald Trump will go down in history as the ultimate master of hyperreal politics. No matter how far he deviates from reality, the American public consistently expresses its approval. The further he wanders from rationality, even when the consequences are measurable in the number of deaths, the more he is rewarded. In the […] More
$2tn coronavirus rescue deal dwarfs 2008 bailout but there will still be pain Coronavirus – latest updates See all our coronavirus coverage Wall Street is awaiting the weekly jobs report with trepidation as unemployment could triple. Photograph: Justin Lane/EPA The precise details of the US stimulus package are still to be revealed but some things […] More
US government is debating bill of to $1.8tn for money going to businesses, corporations and into the pockets of Americans With swaths of the US on lockdown, stock markets crashing, industries facing collapse and unemployment certain to soar the US government is debating the biggest bailout since the 2008 financial crisis. Here’s what you need […] More
The Guardian’s columnist Will Hutton, a declared Keynesian, has expressed his astonishment at the Tory government suddenly abandoning its economic orthodoxy as the appropriate response to the coronavirus pandemic. His readers certainly remember the “Cameron-Osborne austerity” of only a few years ago, when Conservative economists, as they have done for decades, insisted that austerity was […] More
More than 250m people now in lockdown in EU as Germany and Belgium adopt measures Coronavirus – latest updates See all our coronavirus coverage Italy has suffered its deadliest day yet in the coronavirus outbreak and is poised to overtake China as the world’s worst affected country, as Europe tightened a lockdown affecting about 250 […] More
As the global COVID-19 pandemic engulfs the world, the grand strategy of revisionist powers will either falter or accelerate. At the dawn of the post-coronavirus world — whenever it might come — the Chinese Communist Party will push forward with its Belt and Road Initiative (BRI), which will threaten to further marginalize the role of […] More
