Subterms
Economists like to think of the wreckage caused by stock market downturns, widespread bankruptcies and corporate downsizing as “creative destruction.” As it destroys the old and the dysfunctional, the capitalist system continually spurs innovation, much as a forest fire prepares the ground for new growth. Or so the representatives of the dismal science argue. Donald […] More
Play Video 1:17 The US secretary of state criticises China’s handling of the coronavirus outbreak, while backing Australia’s push for an investigation into the origins of Covid-19. In a media address, Mike Pompeo attacks the Chinese Communist party, declaring it ‘ideologically and politically hostile to free nations’. His comments come after China slapped 80% tariffs […] More
With West Texas Intermediate futures trading in negative territory for the first time in history, it seemed the market had finally come to terms with what experts had long warned: The world is running out of oil storage. With human movement restricted due to the coronavirus pandemic, aviation grounded and the global economy halted, demand […] More
President says he doesn’t want to speak to counterpart Xi; Brazil passes 200,000 infections; Baltic travel ‘bubble’ begins Coronavirus – latest updates See all our coronavirus coverage President Trump did not wear a mask when visiting a medical supplies distributor. Chinese state media says Trump’s suggestion he could cut ties with Beijing is motivated by […] More
You pay little attention to the systems of your body — circulatory, digestive, pulmonary — unless something goes wrong. These automatic systems ordinarily go about their business, like unseen clockwork, while you think about a vexing problem at work, drink your morning cup of coffee, walk up and down the stairs and head out to […] More
“Can we please go back to talking about Brexit?” For the past few weeks, I got used to seeing this message on Twitter at least once a day, breaking the monopoly of news about the novel coronavirus. For some, it was a joke, half-nostalgically taking us back to the days when we couldn’t wait for Brexit to be over and the […] More
A lot has changed since the first cases of COVID-19 were reported in Wuhan, China, in December last year. While much remains unknown about the new coronavirus, COVID-19 has since spread rapidly from its origin in China to every corner of the world except Antarctica. Unlike previous health crises such as SARS (severe acute respiratory […] More
Amid the debate surrounding COVID-19, the rhetoric around hydroxychloroquine (HCQ) in the United States and India is the best example of the populism of our times. Earlier on in the pandemic, anecdotal evidence from France led US President Donald Trump to proclaim that all the patients should try HCQ against the coronavirus. In a matter […] More
