After the Speakership Fight: What Now in the House?
The lengthy speakership battle in the House of Representatives this month ended with both sides able to declare victory. This is the best outcome for the Republicans, who probably couldn’t have afforded either alternative: a crushed rebellion or a crushed mainstream leadership. Thanks to the concessions won by the right-wing rebels, the House is more […]
As China reopens and data surprises, economists are starting to get less gloomy
The European Central Bank is expected to continue raising rates aggressively in the short-term as the euro zone economy proves more resilient than anticipated. Haussmann Visuals | Moment | Getty Images After China’s reopening and a deluge of positive data surprises in recent weeks, economists are upgrading their previously gloomy outlooks for the global economy. […]
Why health-care services are in chaos everywhere
The imposition of lockdowns during the covid-19 pandemic had one overarching aim: to prevent hospitals from being overwhelmed. Governments hoped to space out infections, buying time to build capacity. In the end, however, much of this extra capacity went unused. England’s seven “Nightingale” hospitals closed having received only a few patients, as did many of […]
A 5.5% hit from Brexit? Not so fast
When Britain voted to leave the European Union in June, 2016, there was no shortage of forecasts of economic catastrophe. In the event, the catastrophe did not materialize, and when the British economy did crash it did so at the same time as everyone’s else’s as a result of COVID-19 and government responses to it. […]
