Economists offer alternatives to financial safeguards created when the U.S. was the pre-eminent superpower and climate change wasn’t on the agenda.
Author: Patricia Cohen
Risk of a Wider Middle East War Threatens a ‘Fragile’ World Economy
After shocks from the pandemic and Russia’s invasion of Ukraine, there’s little cushion if the fighting between Hamas and Israel becomes a regional conflict.
Europe Rushes to Build Defenses But With Little Consensus on How
A push by more than 30 allied countries to arm themselves, precipitated in part by Russia’s invasion of Ukraine, has raised concerns of disorganization and supply shortages.
The Economic Fallout From Extreme Heat Will Rise Over Time
Among the costs of very high temperatures: reduced labor productivity, damaged crops, higher mortality rates, trade disruption and dampened investment.
A War-Themed Restaurant in Ukraine Finds New Resonance
A restaurant that celebrates Ukraine’s struggles in earlier wars is finding a second life in this one.
Turkey’s Lira Falls to New Low as a New Economic Policy Forms
The lira plunged 7 percent against the U.S. dollar, as a new finance minister promising “rational” economic policy takes charge
Ukraine Grain Deal Raises Tensions for European Farmers
When Russia’s war blocked vitally needed grains at Ukrainian ports, officials succeeded in finding other routes out. But the solution brought its own problems.
8 European Leaders Urge Big Tech to Stop Disinformation Amid Russia’s War in Ukraine
An open letter from eight prime ministers calls on leaders of companies including Meta to take action “against disinformation that undermines our peace and stability.”
Why Russia Has Such a Strong Grip on Europe’s Nuclear Power
New energy sources to replace oil and natural gas have been easier to find than kicking the dependency on Rosatom, the state-owned nuclear superstore.