Blog
May 18, 2020
To overcome the Covid-19 crisis, the European Central Bank is considering pooling debt issuances among the countries of the Eurozone in what has recently been dubbed as “Coronabonds”.
May 6, 2020
There are features of our way of life and some of our economic systems that make outbreaks like Covid-19 more likely.
May 5, 2020
There has been a great deal of debate recently – not just in the media, but also in academia and among economic analysts – about the availability and desirability of various financial instruments to deal with the fallout from the Corona crisis, especially for some of the worst-hit nations such as Spain or Italy.
April 30, 2020
Much of the WHO rhetoric on COVID-19 has treated the pandemic as an unavoidable, natural disaster devoid of blame – this is absolutely not the case. The evidence overwhelmingly suggests there are two principal actors at fault, although admittedly to different extents: where the Chinese government is culpable, the WHO is complicit.
April 22, 2020
I was sitting in a hot tub in Leningrad in the summer of 1990 when I realised the Soviet Union would fall.
There were five of us, in our backpacking hostel’s back room, in a makeshift tub.
April 21, 2020
In tandem with the stock market crash, following persisting negative news regarding the coronavirus, oil prices have drastically dropped. The current demand for oil is so low that both consumers and producers are experiencing the lowest prices in decades.
April 16, 2020
Published by Prometheus on April 16, 2020
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The German newspaper ‘Süddeutsche Zeitung’ published an open letter by well-known artists about an initiative to issue Coronabonds in order to share the burden of the pandemic across the EU.
April 15, 2020
At the last Eurogroup meeting, Eurozone finance ministers agreed to set up a ‘Recovery Fund’ to help trigger an economic rebound once the lockdowns are over. But the vexed question of whether some shared ‘European’ debt should be issued has not been solved.
April 11, 2020
In recent weeks, the global impact of the coronavirus has brought a huge number of new questions to the fore. For the time being many remain unanswered but, as often happens, in some cases a lack of answers in itself can direct us towards the heart of the problem.
