So, Britsh Prime Minister Boris Johnson is in the Intensive Care Unit as he battles the COVID-19 infection. I'm sure all people of goodwill, no matter what their political leanings, will all wish him well. His Foreign Secretary and unofficial deputy Dominic Raab has assumed day-to-day control of the British government. Mr Raab, a lawyer, … Continue reading Wishing him well
I have written twice, recently, about why Canada and the USA should work together to achieve a substantial measure of continental self-sufficiency. The COVID-19 pandemic has shown us that the existing global supply chains need to be re-evaluated for broader strategic goals ~ not just national security and military aspects, including e.g. the 5G networks, … Continue reading Really?
The National Post, in an editorial-like, unsigned, "National Post View" says that "The global pandemic is forcing Canadians to consider, for the first time in generations, how precarious our standard of living has become. International trade has contributed greatly to our prosperity. Canadian resources, innovations and services are valued the world over — when it … Continue reading Self-sufficiency
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
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?