In The News

Josh Zumbrun, Feliz Solomon, and Jeffrey Lewis February 13, 2020
The trade war between the US and China in the past two years has contributed to slowing global trade growth. Imports for both the US and China declined in 2019 due to additional tariffs and the global trade system has made adjustments. A Wall Street Journal article describes which regions benefited from the dispute: In Asia, cellphones made in Vietnam are growing rapidly while other east and...
Sidney Leng February 13, 2020
The number of confirmed Covid-19 cases in China has climbed to more than 60,000 cases with more than 1,300 dead. Chinese authorities early on took steps to curtail crowds, resulting in an economic slowdown and “firms faced with tough decision whether to reduce staff levels and wages to be able to survive,” reports Sidney Leng for the South China Morning Post. Restaurants, hotels, retail stores...
Greg Miller February 12, 2020
Swiss Encryption company Crypto AG began working for the US government during World War II. Customers included 120 countries, including US allies that had no clue the company was “secretly owned by the CIA in a highly classified partnership with West German intelligence,” reports Greg Miller for the Washington Post. The purchase was made in 1970 through shell companies. The intelligence agencies...
Jill Lawless And Nicolae Dumitrache February 11, 2020
UPDATED: Sinn Féin won nearly 25 percent of the vote in Ireland’s February 8 election. “In a surge that upended Ireland’s traditional two-party system, the left-wing nationalist party beat both Fianna Fail and Fine Gael, the centrist parties that have governed Ireland since it won independence from Britain a century ago,” reports the Associated Press. “Sinn Fein’s left-wing proposals for tackling...
Nayan Chanda February 11, 2020
The World Health Organization reports more than 40,000 cases of the new coronavirus with 1000 deaths, exceeding the 2003 SARS death toll. Public health responses vary around the world, and China now relies on those to assess its ties with other nations. For example, China has chastised the United States and other countries for imposing travel bans that incite panic and isolate the Chinese economy...
Kayleigh Donaldson February 10, 2020
Global audiences embrace stories with global themes. The film Parasite won four Academy Awards, including best picture. The satire explores equality in South Korea: A struggling family with few qualifications connive their way into working for a wealthy family clueless about their own self-worth. The son is tutor, daughter is art therapist, father as chauffer and mother as housekeeper. Kayleigh...
Eva Szalay and Laurence Fletcher February 10, 2020
Bitcoin’s excellent performance in 2019 has attracted investors from banks and asset managers once again, despite past worries about the currency’s reputational risk, lack of regulation, and volatile returns. In 2017, bitcoin went above US$20,000, prompting Wall Street banks to rush and develop their own digital currencies with blockchain technology. CME Group launched the first futures on a...