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Negative Interest Rates in Europe: DW

October 5, 2019
Low and negative interest rates keep loans flowing. Europe tries to stimulate its economies with low rates, and some banks charge customers who keep large amounts in their accounts. Governments or individuals can take out an individual €1000 loan and repay only €995, while savers receive no...

“Partner for Russia”: Europe's Far Right Flirts With Moscow

April 16, 2014
Members of the far right want to put a chokehold on government power in Europe, a goal shared by Russia. “Skepticism of immigration and a keen worry about the threat posed by Islamist extremism make Putin a natural ally for a xenophobic right whose political bread and butter is their vociferous...

Enemies Circling China’s Xi? New Statesman

April 24, 2020
The Covid-19 pandemic is roiling governments around the globe, even China, despite a propaganda push that maintains China contained the virus with success. After centralizing control, China’s President Xi Jinping can expect to bear responsibility for pandemic-related challenges, including high debt...

The Economics of Ebola

August 14, 2014
The Ebola threat disrupts daily routines in the four countries where infections are spreading and concern is high in neighboring nations and beyond about doing business or accepting travelers and students from the region. The numbers of infections are small. Meticulous attention to precautionary...

Trump’s Middle East Plan: Time

February 3, 2020
The Trump administration released an 80-apage plan to end the Israeli-Palestinian conflict. The plan would create a Palestinian state with a capital in East Jerusalem and “permit Israel to extend sovereignty over all major settlements blocs in the West Bank, uphold Jerusalem as ‘Israel’s undivided...

The Web of Globalization

May 24, 2010
Can a country withdraw from globalization, or for that matter, give up democracy in order to benefit from global capital flow? In this column, YaleGlobal editor Nayan Chanda dissects the recent argument offered by Harvard economist Dani Rodrik, who suggests that “economic globalization, political...

America’s Role as Consumer of Last Resort Goes Missing

December 16, 2013
Household final consumption represents about 70 percent of US gross domestic product, yet “Cheaper fuel and raw materials are boosting manufacturing, making the U.S. more of a competitor to emerging-markets nations and less a reliable consumer of their goods,” reports Simon Kennedy for Bloomberg....

Australia Must Prepare for Climate Change: CFR

January 11, 2020
Australia endures horrific fires and one of the worst fire seasons in history, with more than 25 people killed, thousands of homes destroyed, a billion animals killed by some estimates, and more than 12 million acres burned. Climate change, high temperatures and drought exacerbate and lengthen the...
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