By Pierre-Olivier Gourinchas 19 April 2022 (IMF) – Global economic prospects have been severely set back, largely because of Russia’s invasion of Ukraine. This crisis unfolds even as the global economy has not yet fully recovered from the pandemic. Even before the war, inflation in many countries had been rising due to supply-demand imbalances and […]
3 May 2022 (AFP) – The WHO said Tuesday that “epidemic” overweight and obesity rates are linked to over 1.2 million deaths annually across Europe, calling for swift policy changes to reverse the dangerous trend. Obesity rates in the region have ballooned by 138 percent in the past five decades, the World Health Organization said […]
By Carmen Reinhart and Leora Klapper 2 May 2022 WASHINGTON (Project Syndicate) – When Russian tanks rolled into Ukraine, private-debt crises were probably already brewing—albeit hidden from view—in many parts of the world, as a result of the economic disruptions caused by the COVID-19 pandemic. Now, the war is pushing even more countries toward similar […]
By Chauncey Devega 2 May 2022 (Salon) – Global democracy is sick. In the United States, Donald Trump’s supporters in the Republican Party continue to steamroll the Democrats and other pro-democracy forces. To say that the latter have for the most part been hapless, uncoordinated and paralyzed by denial is not overstating the case. Political scientists and […]
27 April 2022 (BBC News) – The number of anti-Semitic incidents around the world dramatically increased last year, a study by Tel Aviv University has found. The report identifies the US, Canada, the UK, Germany, and Australia as among countries where there was a sharp rise. This was fuelled by radical left- and right-wing political […]
By Nicholas Goldberg 18 April 2022 (Los Angeles Times) – At the start of the pandemic, in late March 2020, President Trump held a White House briefing at which his top advisors presented their official COVID-19 death projections. In somber tones, they forecasted that between 100,000 and 240,000 Americans would die from the disease if we followed […]
By Anneken Tappe 7 April 2022 NEW YORK (CNN Business) – Americans got into a lot more debt in February as rampant inflation kept up the pressure, the Federal Reserve’s consumer credit report showed Thursday. Debt levels jumped by nearly $42 billion to a total of almost $4.5 trillion. That’s an annual increase of 11.3%, seasonally adjusted, far outperforming […]
By Devjyot Ghoshal and Uditha Jayasinghe 12 April 2022 COLOMBO, Sri Lanka (Reuters) – Rosanne White was first diagnosed with cancer eight years ago and lost a kidney. After the cancer returned five years ago, an oncologist in Sri Lanka’s commercial capital Colombo started her on Bevacizumab last May, a treatment she was responding to. […]
By Jamey Keaten 4 April 2022 GENEVA (AP) – The U.N. health agency says nearly everybody in the world breathes air that doesn’t meet its standards for air quality, calling for more action to reduce fossil-fuel use, which generates pollutants that cause respiratory and blood-flow problems and lead to millions of preventable deaths each year. The […]
By Beth Dalbey 7 April 2022 SEATTLE, Washington (Patch) – A rash of deadly “mass overdose events” across the country has the Drug Enforcement Administration warning Washington and other states to prepare for the worst. Drug Enforcement Administration head Anne Milgram said in the letter to local, state and federal law enforcement officials that in […]