Global Economic News Digest

A specialized media service working to raise awareness among the general public and policy-makers on the most prominent effects of the Corona virus on the global economy, and the policy responses of various countries affected by the pandemic (using reliable international research and media sources that are updated periodically).

26 dec 2021

A post-Covid New Deal can restore economic hope in 2022

Roosevelt built back better after the depression by taxing the rich, introducing capital controls and altering the balance between labour an...

22 dec 2021

Visualizing the $94 Trillion World Economy in One Chart

Visualizing the $94 Trillion World Economy in One Chart Just four countries—the U.S., China, Japan, and Germany—make up over&...

21 dec 2021

2021 Year in Review in 11 Charts: The Inequality Pandemic

From uneven economic recovery to unequal access to vaccines; from widening income losses to divergence in learning, COVID-19 has had a dispr...

19 dec 2021

Retiring NIH director Francis Collins warns of enormous omicron wave

After spending more than 12 years as director of the National Institutes of Health, Dr. Francis Collins is retiring this weekend. But he'...

19 dec 2021

Don’t Panic About Omicron. But Don’t Be Indifferent, Either

The next wave of the pandemic requires charting a middle course between dismay and dismissal. The omicron wave is upon us, and the n...

18 dec 2021

Highly vaccinated countries thought worst was over, but Denmark now facing pandemic's toughest month

COPENHAGEN, Denmark - In a country that tracks the spread of coronavirus variants as closely as any in the world, the signals have never bee...

16 dec 2021

Omicron Is an Economic Threat, but Inflation Is Worse, Central Bankers Say

There is still a lot scientists do not know about Omicron. There is cautious optimism — but no certainty — about the effectivene...

16 dec 2021

The Year of Inflation Infamy

<p dir="ltr">In the summer of 1973 I shared an apartment with several other college students; we didn’t have much...

15 dec 2021

Global Debt Reaches a Record $226 Trillion

Policymakers must strike the right balance in the face of high debt and rising inflation. In 2020, we observed the largest one-year...

15 dec 2021

Why Jerome Powell Pivoted on Inflation

Inflation has been building for months. But it was over 13 days this fall that Jerome Powell, the Federal Reserve chair, decided the central...

12 dec 2021

Tame US inflation carefully or risk some nasty side-effects

Paul Volcker’s shock therapy in the 80s hollowed out American manufacturing and permanently boosted both Beijing and Wall Street &nbs...

03 dec 2021

IMF warns of 'economic collapse' unless G20 extends debt relief

The IMF on Thursday urged advanced economies in the G20 to extend and improve their debt relief initiative, warning that many countries face...

03 dec 2021

The Hidden Threat to Globalization: Why the Developing World Is Turning Against Free Trade

Why the Developing World Is Turning Against Free Trade Globalization has lost its shine in wealthy countries, particularly amon...

02 dec 2021

The Economics of Health and Well-Being

Dear Readers, Just as good health—mental and physical—is fundamental to individual well-being, public health is fundame...

29 nov 2021

Frantz Fanon’s Enduring Legacy

Killing a European is killing two birds with one stone,” Jean-Paul Sartre wrote in 1961, seven years into France’s brutal suppre...

28 nov 2021

Booming global markets kept shekel ‘too strong,’ says ex-Bank of Israel deputy head

Weakening of Israeli currency as markets react to Omicron variant shows strong link between shekel and global stocks, says Nadine Baudot-Tra...

28 nov 2021

Goodbye to job: how the pandemic changed Americans’ attitude to work

Millions of workers have been leaving jobs that offer long hours and low pay – and for many the release has been exhilarating One m...

28 nov 2021

Vaccine squabble tests global trade ties as WTO meeting postponed

Vaccine squabble tests global trade ties as WTO meeting postponed The new leader of the World Trade Organization is trying to find a compro...

26 nov 2021

Covid-19 Variant Upends Investor Bets on Rate Increases

Bond yields slide and investors quickly adjust how swiftly they expect the Fed to raise interest rates Investors piled into government bo...

26 nov 2021

Why Every Entrepreneur Should Study the Austrian School of Economics

Modern economics is a theory of the economy that leaves no place for the entrepreneur. So where should entrepreneurs turn to improve their u...