In The News

5 Market Axioms Lose Reliability: Financial Times

Mohamed El-Erian November 14, 2019
Systemic changes are underway in markets, and spreading nationalism may put economic globalization on pause. Allianz economist Mohamed El-Erian warns that investors cannot depend on globalization expanding markets and efficiency, emerging economies catching up with advanced economies, robust liquidity stabilizing markets, policies limiting economic downturns, or governance supporting the global...

The Age of Globalization: Dhaka Tribune

Arafat-Al-Yeasin November 13, 2019
The recent embrace of populists and protectionism reflects an overall decline in trust and worries about trade and differences in general. “Unemployment, relocation, poverty, and inequality -- for many people, these are the consequences of a process of global integration, which more and more think has gone too far,” writes Arafat-Al-Yeasin for the Dhaka Tribune. Globalization is the scapegoat,...

Australia Burns: Sydney Morning Herald

David Crowe and Max Koslowski November 13, 2019
Terrifying fires are breaking out in Australia, and leaders are divided over bushfire policies, with some pointedly avoiding action on climate change. Instead, they suggest the government could reduce hazards with more controlled fires in national parks. More than 90 percent of climate research points to coal and other fossil fuels as the reason for rising temperatures fueling floods and...

Economic Toll of Climate Change: Axios

Courtenay Brown November 12, 2019
Substantial numbers of financiers and politicians are dismiss worries over climate change. Yet, “Top economists say the economic effects of climate change are just starting to be felt – and they're likely to start snowballing,” reports Courtenay Brown for Axios, who goes to explain how increasing wildfires, floods and natural disasters can disrupt the electrical grid, electronic payment and...

Power Void in Bolivia: Associated Press

November 11, 2019
After weeks of protests, the Bolivia’s military chief convinced President Evo Morales to resign Morales had been president since 2006, and as many as 20 other officials resigned as well. “Crowds of jubilant foes of the socialist leader celebrated in the streets with honking horns and fireworks after Morales's announcement Sunday, treating as a triumph of democracy the ouster of a man who...

Vindman Deposition

November 11, 2019
Nations must carefully assess the motivations behind any request from foreign leaders as well as the benefits for their country and the common good. Supporting or targeting a citizen of another country for questionable purposes, can jeopardize bipartisan support. In congressional testimony, Lieutenant Colonel Alexander S. Vindman detailed how he consistently issued warnings – advising the...

Rising Seas Threaten 300 Million People: Guardian

Jonathan Watts November 11, 2019
Homes of 300 million people are facing threat from rising sea levels across the world, more than three times the previous estimate of 80 million, according to a study published in Nature Communications. The risk assessment was revised after a more sophisticated method applied artificial intelligence to compensate for overestimation of land altitudes. The biggest change in estimates occurs in Asia...