While industrial policies can help countries cope with rising economic and political uncertainty, the details matter. Any guidance by the International Monetary Fund on the issue must highlight fiscally prudent tools and emphasize the importance of striking the right balance between protection and market discipline.
As much as US President Joe Biden would like to believe that the economy is strong, and that his own policies have left Americans better off, polls consistently show that the public isn’t buying it. While there are several reasons for this disconnect, none is especially complicated.
With half the world’s population casting ballots in elections this year, independent reporting on the candidates and the issues is essential. Yet from Washington and Westminster to Buenos Aires and Budapest, efforts to intimidate, curtail, and constrain the free press are becoming more frequent and brazen.
The international community tends to think of antimicrobial resistance – an escalating global crisis in itself – as distinct from climate change. But mounting evidence indicates that adverse weather and rising temperatures can facilitate the emergence and spread of drug-resistant pathogens.