In The News

Don Jergler October 18, 2018
The UN Intercontinental Panel on Climate Change has issued a report on the ongoing risks of droughts, floods, wildfires and storms due to climate change. Corporations already prepare, and the insurance industry must worry both about property damage and coverage as well as an abrupt end to investments in the carbon economy as public opinion tends to shift quickly on such matters. “Institutional...
Zhang Chunlin October 17, 2018
Some of China’s trade partners accuse the country of unfairly subsidizing its state-owned enterprises, and this is part of the reason the United States has imposed tariffs on many Chinese goods. Zhang Chunlin of the World Bank proposes competitive neutrality, a principle advocated by the Organization for Economic Cooperation and Development: restricting SOES from using state tools to increase...
Rob Gillies and Gene Johnson October 17, 2018
Sales of legal recreational marijuana became legal in Canada as of October 17, the second country after Uruguay, and long lines and a celebratory spirt greeted the new product. An announcement is planned on pardoning those with previous convictions for possessing small amounts. Legal retail and online sales will contribute to tax revenues. “Canada has had legal medical marijuana since 2001 and...
October 16, 2018
As nations apply regulations that limit the internet, some protecting and others invading privacy, the information highway may fragment. “All signs point to a future with three internets,” notes an opinion essay written by the New York Times editorial board. “But all three spheres — Europe, America and China — are generating sets of rules, regulations and norms that are beginning to rub up...
Jenny Hill October 15, 2018
Chancellor Angela Merkel's already weakened government confronts challenges after Sunday's election in Germany’s largest federal state – Bavaria. Jenny Hill explains for BBC News that the ruling Christian Social Union, a coalition partner with Merkel’s more conservative Christian Democrat Union, lost its majority in the Bavarian state parliament. The party’s leader still serves as...
Geoffrey Gertz October 15, 2018
In a Brookings blog post, Geoffrey Gertz picks out five salient facts about the United States-Mexico-Canada Agreement, or USMCA. The trade deal replaces the North America Free Trade Agreement, and while it will be officially signed by the three heads of state on December 1, it will only become law after each country’s legislative branch grants approval. Despite US President Donald Trump’s claim...
Alastair Jamieson and Kristina Jovanovski October 14, 2018
Saudi Arabia has failed to produce video showing that Jamal Khashoggi left the Saudi embassy in Istanbul alive, and Turkey claims to hold evidence of a Saudi hit team murdering the journalist. Khashoggi’s s disappearance from what should be a safe place highlights blatant disregard for press freedoms and human rights. The incident is souring relations between the two nations that are both US...