Daniel Bernhard, Executive Director of the lobby group Friends of Canadian Broadcasting, writing in The Star, says that "By some industry estimates, many of our major media outlets will fail within weeks. Starved of advertising revenues for years, the COVID-19 pandemic will deliver the final blow, especially for newspapers. And with the government now preparing … Continue reading Saving the Canadian media
I see, in a report in The Guardian, that former British Prime Minister Gordon Brown "has urged world leaders to create a temporary form of global government to tackle the twin medical and economic crises caused by the Covid-19 pandemic ... [and] ... The former Labour prime minister, who was at the centre of the international efforts … Continue reading Exactly back-asswards
Richard Milne, the Nordic and Baltic Correspondent for the Financial Times, reports that "Jacob Wallenberg ... [the Swedish industrialist, whose family investment vehicle has controlling stakes in companies from telecoms equipment maker Ericsson to one of Europe's premier corporate banks] ... warned governments to weigh the economic threat from coronavirus more heavily or risk depression, social … Continue reading Is the cure worse than the disease?
Gideon Rachman, writing in the Financial Times, says that despite the popularity of the idea of a borderless world, which became near gospel about 30 years ago, "borders are now returning with a vengeance," and their return, he says, is being driven by the frightening spread of the COVID- 19 corona-virus. "When the pandemic passes, … Continue reading The return of the nation
Sticking with the subject of the COVID-19 pandemic and the future of our (shaky) liberal, global socio-economic 'order,' I saw this article in Foreign Affairs, by Professors Henry Farrell and Abraham Newman of George Washington University, in which they say that "The new coronavirus is shaping up to be an enormous stress test for globalization … Continue reading More on the impact of the pandemic
Professor Branko Milanović, formerly lead economist in the World Bank Research Department, writes, in Foreign Affairs, that "As of March 2020, the entire world is affected by an evil with which it is incapable of dealing effectively and regarding whose duration no one can make any serious predictions. The economic repercussions of the novel coronavirus … Continue reading A fundamental shift?
About a week ago, before the COVID-19 virus dominated every discussion, The Spectator said that "Not long ago, Brexit used to dominate every debate. Now, it’s climate change. Political discussions can’t take place these days without some reference to the Government’s big mission: the legally-binding commitment to reach net-zero carbon emissions by 2050. Britain was … Continue reading The smart path