Russia’s brutal shelling of Ukrainian cities continues. Thousands are dying, millions are suffering. Yet the West remains paralyzed about further action on what matters most: sanctions on Russian ener ...More
EJ Insight2022-03-25
To be effective, economic sanctions depend on multilateral coordination. Freezing the Russian central bank’s holdings and kicking Russian banks out of the SWIFT financial messaging system for internat ...More
EJ Insight2022-03-24
While Russia’s invasion of Ukraine is capturing global headlines, COVID-19 continues to wreak socioeconomic havoc around the world. The pandemic has taken more than six million lives, pushed 124 milli ...More
EJ Insight2022-03-22
Since the start of Russia’s invasion of Ukraine, much has been written about the increased risk of nuclear annihilation and its impact (or lack thereof) on stock-market valuations. But, leaving aside ...More
EJ Insight2022-03-22
The surprising potency of the multilateral sanctions imposed on Russia has been exceeded only by that of Ukrainians’ resistance to Russia’s invasion of their country. True, it is difficult to imagine ...More
EJ Insight2022-03-21
It is now well known that SARS-CoV-2 can mutate to evade vaccine protection against infection. The Omicron variants – BA.1, B1.1, and BA.2 – can infect those who were previously infected by other vari ...More
EJ Insight2022-03-21
Every year since 1947, the Bulletin of the Atomic Scientists – founded by Albert Einstein and scientists from the Manhattan Project who helped develop the atomic weapons used at Hiroshima and Nagasaki ...More
EJ Insight2022-03-18
Russia’s war in Ukraine is tragic, infuriating, and unspeakably sad. It is also an unexpected turning point for environmentalism. Until a few days ago, climate change topped the global agenda, with sc ...More
EJ Insight2022-03-18
Russia’s invasion of Ukraine threatens to cause more disruption to the global food system by dramatically increasing the cost of staple foods and the energy required to transport them. The Black Sea r ...More
EJ Insight2022-03-17
Going beyond the headline figures of rising temperatures and sea levels, the latest report from the Intergovernmental Panel on Climate Change (IPCC) captures the full scale of the threat to human life ...More
EJ Insight2022-03-16
Now that addressing climate change has become a top priority worldwide, economic policymakers and corporate strategists alike are embracing sustainability goals – most notably, “net-zero” greenhouse-g ...More
EJ Insight2022-03-15
Russia’s invasion of Ukraine is radically redrawing the global economic, political, and security landscape. Politically, it is pushing Russia away from Europe. It has redoubled NATO members’ commitmen ...More
EJ Insight2022-03-14
The decision by many multinational corporations to exit Russia, after decades of engagement between global business and Russia’s state-dominated economy, indicates that investors can no longer rely on ...More
EJ Insight2022-03-11
When COVID-19 lockdowns began, the importance of affordable childcare suddenly became a lot clearer to many more people, especially working women. Last year, women spent three times as many hours as m ...More
EJ Insight2022-03-11
In the space of a single day, February 28, Vladimir Putin’s “Fortress Russia” collapsed. The ruble plunged by about 30%, and Russian authorities closed all financial markets. Russians raced to ATM mac ...More
EJ Insight2022-03-10
Images of plastic pollution in the ocean and on beaches are now commonplace, and the problem is likely to get worse. Last week, the OECD’s first Global Plastics Outlook revealed a dramatic increase in ...More
EJ Insight2022-03-10
Russia’s invasion of Ukraine, and the sweeping sanctions the United States and Europe have imposed on Russia in response, have triggered economic disruptions at four levels: direct, blowback, spillove ...More
EJ Insight2022-03-09
US corporate giants often criticize the European Commission’s aggressive competition policy, claiming that it protects inefficient European firms. Meanwhile, they applaud America’s laissez-faire antit ...More
EJ Insight2022-03-07
Every month, the Bank for International Settlements calculates and publishes the real and nominal effective exchange rates for major currencies. The most recent data, released in mid-February, contain ...More
EJ Insight2022-03-04
The savage fighting in Ukraine has led many to wonder whether Russian President Vladimir Putin’s supposed strategic brilliance is all that it was chalked up to be. Though Putin anticipated that NATO w ...More
EJ Insight2022-03-04
