Central banks’ unwavering determination to increase interest rates is truly remarkable. In the name of taming inflation, they have deliberately set themselves on a path to cause a recession – or to wo ...More
EJ Insight2022-12-12
In his narration for the Netflix series Our Great National Parks, former US President Barack Obama describes a sloth as harboring “an entire micro-kingdom” in his fur. “Researching him will help fight ...More
EJ Insight2022-12-09
The Earth’s biodiversity and the services provided by healthy ecosystems are under massive pressure from climate change and the challenge of supporting eight billion people in a sustainable way. Key e ...More
EJ Insight2022-12-08
Count on the International Federation of Association Football, better known as FIFA, to come up with a fatuous slogan for the World Cup in Qatar: “Football Unites the World.” An official promotional v ...More
EJ Insight2022-12-08
The recent United Nations Climate Change Conference (COP27) in Sharm El-Sheikh offered encouraging but insufficient signs of an emerging political consensus on the need for global solidarity in the fa ...More
EJ Insight2022-12-08
The world heaved a sigh of relief this month when the feared “red wave” of Republican victories in the US midterms failed to materialize. While the Republicans took the House of Representatives by a n ...More
EJ Insight2022-12-07
Swiftly rising interest rates have punctured the cryptocurrency bubble, exposing fragility, bad governance, and even fraud in many corners, most notably at the crypto exchange FTX. And FTX’s spectacul ...More
EJ Insight2022-12-06
Could the United States and China go to war over Taiwan? China regards the island 90 miles (145 kilometers) off its coast as a renegade province, and President Xi Jinping raised the issue at the recen ...More
EJ Insight2022-12-06
The world economy is lurching toward an unprecedented confluence of economic, financial, and debt crises, following the explosion of deficits, borrowing, and leverage in recent decades. In the private ...More
EJ Insight2022-12-05
In 2020, Sebastian Mallaby of the Council on Foreign Relations announced the beginning of the “age of magic money,” in which advanced economies would “redefine the outer limits of their monetary and f ...More
EJ Insight2022-12-02
A diplomatic standoff between European countries over the price cap to set for Russia’s oil exports threatens to hobble efforts to limit the Kremlin’s resources to wage its war of aggression against U ...More
EJ Insight2022-12-01
Perhaps the most important task confronting the international order is enforcement of national limits on greenhouse-gas emissions, such as those that were negotiated in the 2015 Paris agreement. Carbo ...More
EJ Insight2022-11-30
The collapse of cryptocurrency exchange FTX and the mesmerizing rise and fall of its founder, Sam Bankman-Fried, is only the most recent episode encapsulating the perils of financial innovation. At th ...More
EJ Insight2022-11-29
The epic collapse of wunderkind Sam Bankman-Fried’s $32 billion crypto empire, FTX, looks set to go down as one of the great financial debacles of all time. With a storyline full of celebrities, polit ...More
EJ Insight2022-11-28
Climate change is usually thought of as an environmental problem. But it also poses serious threats to businesses, investors, and the financial system. In the United States, the Securities and Exchang ...More
EJ Insight2022-11-28
Europe is facing disruptions to its energy supplies. The Middle East and Africa are grappling with grain shortages. And virtually everyone has been struggling to get their hands on semiconductors. As ...More
EJ Insight2022-11-24
On January 29, 2018, the prominent Berlin-based Azerbaijani news site Meydan TV had its Facebook page hacked for the first time. The attackers removed all admin accounts, deleted all content, and remo ...More
EJ Insight2022-11-24
Two days after the midterm elections in the United States, the Financial Times reported that US inflation has slowed, markets are “giddy,” and the Federal Reserve may now ease up on its interest-rate ...More
EJ Insight2022-11-23
Former British Prime Minister Liz Truss’s disastrous mini-budget, which crashed the pound and ended her tenure after just 44 days, has quickly become a cautionary tale for policymakers around the worl ...More
EJ Insight2022-11-22
The 22nd World Cup is under way, but who at the beginning of this century would have thought it might be hosted by tiny Qatar? Yet here we are, and the only surprise is that it doesn’t feel all that s ...More
EJ Insight2022-11-22
