In The News

Millions of Websites Face “Insecure” Warnings: BBC

Jane Wakefield March 4, 2020
Internet users value security. The internet security research group and Let's Encrypt issue certificates to internet websites assuring about security, but the organizations warn that 3 million will be revoked due to a flaw in the certificates’ security code, resulting in sites carry security warnings. Google has used the https ranking signal since 2014. “Digital certificates are basically...

Declining Fortunes of the Young: IMFBlog

Era Dabla-Norris , Carlo Pizzinelli and Jay Rappaport March 3, 2020
A key indicator of economic success for families is that children do as well as their parents. Such assumptions are less sure. “Despite being more educated than their parents, millennials – those born between 1980 and 2000 – may have less job stability during their working life,” explains a team for the IMFBlog. Entering and remaining in the middle class, fast-changing job requirements, intense...

Globalization Spreads Contagion of All Kinds: FT

Ian Goldin March 3, 2020
The swift spread of COVID-19 followed by market declines alarms citizens and policymakers. “As trade, finance, travel, cyber and other networks grow in scale and interact, they become more complex and unstable,” writes Oxford University professor Ian Goldin for Financial Times. “The super-spreaders of the goods of globalisation, such as major airport hubs, are also super-spreaders of the bads.”...

Appropriate Response to COVID-19: Korea Herald

Robert J. Fouser February 28, 2020
As the coronavirus spreads, some countries respond by closing borders, blocking visas for some travelers and blocked cruise ships from ports. At the community level, some protest arrival of patients for monitoring in secure locations and discriminate against Chinese nationals. Societies must resist fear and panic, balancing public safety and individual rights in fighting the coronavirus, argues...

WHO Waits to Call COVID-19 Pandemic: NewScientist

Debora MacKenzie February 27, 2020
The world prepares for a COVID-19 pandemic, described as inevitable by many health officials. A pandemic requires worldwide spread and deaths, according to the US Centers for Disease control. With confirmed cases reported in 47 nations, the World Health Organization has held off on declaring a pandemic. “Countries have pandemic plans that are launched when one is declared, but these plans may not...

When China Sneezes: Project Syndicate

Stephen S. Roach February 26, 2020
Cases of the new coronavirus, confirmed in more than 30 countries, strikes when the global economy is already vulnerable and many countries struggle with debt, stagnant growth, reduced industrial output and job creation. COVID-19 has triggered an unexpected disruption to supply and demand. China is at the center of global value chains, explains Stephen S. Roach, an economist based at Yale...

What Happens If a Pandemic Hits? TechCrunch

John Evans February 25, 2020
The World Health Organization monitors the coronavirus as a group of epidemics and suggests it has the potential to become a global pandemic. Declaration of a pandemic would not mean closed borders, a shutdown of air travel or mass quarantines and drastic containment efforts could be counterproductive, argues Jon Evans for TechCrunch. “The focus will switch from containment to mitigation: slowing...