In The News

Coronavirus Hits Aerospace: Financial Times

Peggy Hollinger April 25, 2020
Pandemic has reversed optimistic forecasts from only a few months ago, hitting the global aerospace industry led by Boeing and Airbus with cancelled orders and halted production. Government lockdown policies have grounded over 60 percent of the world’s commercial aircraft. Reduced flights force airlines to cut costs and scramble for government aid to survive the hardship. Some 25 million jobs in...

World After Covid-19: The Economist

Kishore Mahbubani April 23, 2020
Kishore Mahbubani, founding dean of the Lee Kuan Yew School of Public Policy, has long observed that the era of Western domination is ending. The Covid-19 pandemic hurries the demise and marks the start of an Asian century. “The crisis highlights the contrast between the competent responses of East Asian governments (notably China, South Korea and Singapore) and the incompetent responses of...

Covid-19 Effects on Body: Medical News Today

Hilary Guite April 22, 2020
Researchers concede Covid-19 as a new virus presents many unknowns. Hence, community leaders and individuals should practice caution. Hilary Guite reports on studies that monitored subjects day by day. About 80 percent of patients report mild or no symptoms, yet the disease is infectious during the presymptomatic phase, and she writes, “SARS-CoV-2 can bind 10 times more tightly to insert its RNA...

Belt and Rebranding Initiative: Interpreter

Nora Schlenzig April 21, 2020
The Belt and Road Initiative represents a wide variety of Chinese overseas initiatives, explains Nora Schlenzig of the Lowy Institute. “The initiative itself has gone through several rounds of rebranding since its official launch by Xi Jinping in 2013,” she explains, including One Belt, One Road Initiative and New Silk Road. “Supporters see it as a long-overdue plan for global infrastructure...

China Passes US in Global Patent Race: WIPO

April 21, 2020
The World Intellectual Property Organization reports that China filed more applications for international patents in 2019, surpassing the United States, which held the lead since the organization began in 1978: China filed 58,990 applications, and the United States filed 57,840. The organization received more than 265,000 applications, most from Asia. Patents signal innovation, economic strength...

Unprecedented Wipeout for Oil: Bloomberg

Catherine Ngai, Olivia Raimonde and Alex Longley April 20, 2020
The Covid-19 pandemic stopped the global economy, and the price of future contracts for West Texas Intermediate crude oil, in May plunged into unprecedented negative territory. Brent and other pricing benchmarks also fell. Energy companies and distributors have no place to store oil, and there is no interest in crude contracts that require delivery, regardless of low price. “Underscoring just how...

Authoritarianism Going Viral: Project Syndicate

Patrick Gaspard April 20, 2020
The Covid-19 pandemic has created the opportunity for leaders with authoritarian tendencies to consolidate power and reduce human rights. Many governments have used the pandemic to discriminate against strongholds of political opponents as well as ethnic, religious or racial minorities. After the virus emerged in China, the government applied coverup efforts and punished whistle-blowers. India’s...