Tag: workers

Will we have a debt crisis following the coronavirus crisis? | COVID-19 Update

During the coronavirus pandemic lockdowns have halted the flow of cash to workers and companies, forcing governments to step in. Countries, rich and poor, are burning through vast amounts of money. But it’s all on loan.They’re taking on debt like…

Democrats seek progressive overhaul of the U.S. financial system

Now in control of Congress, Democrats are looking to give the U.S. financial system a progressive overhaul, incoming Senate Banking Chairman Sherrod Brown said Friday. It will be a tall task. What we’re hearing: “This committee in the past has…

Indonesia’s aviation safety has improved, but a lot remains to be done

The Sriwijaya Air Flight 182 disaster serves as a warning for aviation safety regulators, not only in Indonesia but worldwide. Four minutes after taking off from Jakarta in heavy rain on January 9, the Boeing 737-500 nosedived into the ocean,…

Ethical minefields: the dirty business of doing deals with Myanmar’s military

Myanmar’s transition from five decades of military rule is a work in progress. Despite the junta’s formal dissolution in 2010, the release of political prisoners including opposition leader Aung San Suu Kyi, and democratic reforms allowing National League Democracy to…

Street Artists Around the World Captured a Turbulent Year in Real Time—See the Beautiful and Unforgettable Works of 2020 Here

For much of the year, the best—and safest—place to see art was on the street. And perhaps more than in any other year, street art offered a real-time distillation of the events shaping our lives. Across the globe, artwork speaking…

2021 could be the year automation and AI truly accelerate the economy

The coronavirus pandemic hit the global economy hard in 2020, but the economy may be close to consolidating years of technological advances — and ready to take off in a burst of productivity growth. Why it matters: Productivity is the…

EU launches coronavirus vaccine drive to inoculate 450 million people

The European Union began on Sunday a coordinated rollout of coronavirus vaccinations across its 27 member states in a drive to inoculate some 450 million people. Why it matters: Several European countries have tightened restrictions as cases, deaths and hospitalizations…

The challenge of 2021: Vaccinating the world

Vaccinating the world will be perhaps the single greatest global challenge of 2021, and that process is now beginning in earnest. The big picture: If you’re reading this in Europe, the U.S. or one of several other wealthy countries, you…

Kate Middleton And Prince William Under Fire For Breaking Coronavirus Rules

Kate Middleton and Prince William have found themselves in the hot seat yet again after breaking coronavirus guidelines during an outing over the weekend.   The Duke and Duchess of Cambridge were photographed with their three children (Prince George, Princess Charlotte and…

Why the Morrison government’s ‘double-dipping’ gambit fails the pub test

It’s almost unimaginable: an Australian government proposes a law that would wipe out billions of dollars of employers’ entitlements. Even more unimaginable: it does so on the basis of mistakes made by employees. Yet right now a “Black Mirror” scenario…