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Last week the US Department of Commerce cracked down on Huawei’s access to components featuring domestic software and technology made outside China. Analysts believe that the new US regime makes it difficult for any foundry in the world to avoid the impact of this.

US attack on Huawei threatens US telecom operators and Taiwanese chip maker

By: N. Peter Kramer | Monday, May 25, 2020

US telecom associations warned that small operators in the country are paralysed by the law requiring them to replace Huawei and ZTE kit in their networks

When economic risks are mixed with other factors that are unfolding, a second set of effects begin to emerge. So much of our economic activity is digitalized, automated and integrated, and factors like the sustained shift in working patterns from lockdown restrictions creates new opportunities for cybercriminals, for example.

‘Building back better’ – here’s how we can navigate the risks we face after COVID-19

By: EBR | Thursday, May 21, 2020

As a perfect storm of health and economic crises leaves the world navigating uncertain times, a new report casts light on what lies ahead

For the first time this century, the numbers of people living in absolute poverty are rising. The World Food Programme estimates that another 130 million people could be brought to the brink of starvation, leading to a new combined total of 265 million people in that dire predicament.

More, not less, multilateralism is needed to fight the coronavirus pandemic

By: EBR | Thursday, May 21, 2020

"When written in Chinese, the word crisis is composed of two characters – one represents danger, and the other represents opportunity." John F. Kennedy

China is obviously a one-party state. Ultimate political authority rests with the Chinese Communist Party. Its Politburo Standing Committee, headed by President Xi Jinping, sets policy.

Two Sessions – One Outcome?

By: EBR | Thursday, May 21, 2020

For the first time since Mao passed away in 1976, China does not expect tomorrow to be better than today

The government’s majority and a high turnover of elites brought both opportunities and risks. It seemed possible to implement long-overdue reforms that had previously been blocked by oligarchic interests. Critics often overemphasized the new elites’ lack of experience: many had relevant backgrounds in business, civil society, or local politics.

The Uneven First Year of Zelenskiy’s Presidency

By: EBR | Wednesday, May 20, 2020

In his first twelve months as Ukraine’s president, Volodymyr Zelenskiy has notched up modest successes, but a series of missteps has eroded domestic and international trust

«As the COVID 19 crisis continues to unfold in the months ahead, U.S. workers and communities will find themselves penalized by a corporate governance structure cunningly crafted to steadily transfer income from them to shareholders.»

US: A Country Rooted in Unfairness

By: EBR | Tuesday, May 19, 2020

The COVID 19 pandemic is highlighting U.S. shareholder capitalism’s gross inequities

For the next 80 years or so, the core challenge for people everywhere will be to build healthy societies within their own “walls.” Only when enough countries have succeeded in that mission is it realistic to expect that the fear of “the other” will dissipate and that walls will begin to crumble in any meaningful fashion.

Downhill from Peak Globalisation: When Will It End?

By: EBR | Monday, May 18, 2020

The world has encountered a series of shocks over the past 15 years. This should lead to more realistic expectations about the timetable for further globalization moves

Without strenuous and targeted attempts, we are again likely to see an increase in inequality, which was already “one of the most complex and vexing challenges in the global economy,” in the words of the IMF’s Managing Director.

The pandemic will leave the poor further disadvantaged - IMF

By: EBR | Monday, May 18, 2020

The COVID-19 crisis is now widely seen as the greatest economic calamity since the Great Depression

"I think the best way to look at this is what the FBI and the Obama Administration wanted to do here was really audacious if you think about it in terms of the idea of trying to continue an investigation after a new president has come into power and is in a position to shut down the investigation -- when the president ultimately is the target of the investigation".

Trump: Obama committed the biggest political crime in American history

By: EBR | Monday, May 18, 2020

President Trump escalated his attacks on his predecessor Obama by tweeting "OBAMAGATE" and implying he is linked to the FBI’s much-criticised handling of the now-dropped Michael Flynn case

‘It is a national inspiration in Taiwan to be able to participate in the WHO and its related activities so that Taiwan’s experience can be shared and the country can receive help when it is necessary’.

US backs Taiwan’s WHO observer status, where is the EU?

By: N. Peter Kramer | Monday, May 18, 2020

Taiwan’s Minister of Foreign Affairs Jaushieh Joseph Wu said in an interview with Martha MacCallum, host of “The Story” on US Fox News, it is not right for Taiwan to be excluded from the World Health Assembly’

Hong Kong International Airport is testing full-body sanitizing booths that spritz sanitizer on you for 40 seconds, while avoiding the face. The Airport Authority Hong Kong told Business Traveller Asia-Pacific that while these devices are currently being trialled for staff, it may use them on passengers in the future.

5 ways global travel will change before we find a COVID-19 vaccine

By: EBR | Friday, May 15, 2020

When nations around the globe shut their borders to try to stave off the spread of COVID-19, travel and tourism was among those industries hit the hardest

The global outlook is not positive –– the UN’s International Labour Organization predicts 1.6 billion informal economy workers could suffer “massive damage” to their livelihoods. In the second quarter of 2020, COVID-19 may cost the equivalent of 305 million full-time jobs.

How coronavirus has hit employment in G7 economies

By: EBR | Thursday, May 14, 2020

Since the pandemic hit, claims for unemployment benefits have soared in some countries – notably the US – and by far less in others, for example, Japan

The disruptions from COVID-19 have exposed vulnerabilities in the energy system. The short-term outlook for the energy transition is therefore at risk. The unprecedented speed and extent of the drop in energy demand, and the accompanying price volatilities and geopolitical implications have destabilized the global energy system.

The moment of truth for global energy transition is here

By: EBR | Wednesday, May 13, 2020

The year 2020 was supposed to be a turning point in the global energy transition. The production and consumption of energy accounts for two-thirds of annual global anthropogenic emissions, making the energy transition central to delivering the promise of the Paris Agreement

The COVID 19 pandemic is a live lesson that lack of trust in a society greatly complicates government efforts to counter the virus. We have learned that the management of public health goes to the core of the relationship between government and the people.

An Outbreak Anywhere Is an Outbreak Everywhere

By: EBR | Tuesday, May 12, 2020

There will be popular calls to put deficient health care on par with committing crimes against humanity during times of war

“Unequivocally, it never, never happened. It didn’t. It never happened,” Biden said. But 45% of all voters between 18 and 34 years said they thought Reade’s allegation was true, , according to a Morning Consult poll.

Will Joe Biden quit the White House race on charges of sexual assault?

By: EBR | Monday, May 11, 2020

A new poll and interviews with Democratic strategists indicate that the sexual assault charges immediately complicate the presumptive Democratic presidential nominee’s efforts to broaden his support

Many organisations are already well advanced in their digital journey. This must be accelerated to enable the new normal, help businesses to adapt to changed consumer behaviour and rebuild trust. Integrated digital identity solutions are key to realising touchless travel.

Here’s what travelling could be like after COVID-19

By: EBR | Thursday, May 7, 2020

COVID-19 has upended global travel and brought the world to a standstill. For the first time in history, close to 90% of the world’s population now lives in countries with travel restrictions. Airlines, travel companies and the tourism sector as a whole are among the most affected businesses

The IMF’s orthodox approach and the reforms it is likely to impose in Lebanon in exchange for financial support will likely hurt the most economically vulnerable among the Lebanese.

Lebanon, COVID 19 and the Arrival of the IMF

By: EBR | Thursday, May 7, 2020

Protesters in Lebanon have plenty of reason to bemoan the autocratic response of the government — and its inability to deal with the economic crisis

There is now an all-out civil war between the Libyan Arab Armed Forces (LAAF) of General Khalifa Haftar and the internationally recognized Government of National Accord (GNA) of Prime Minister Fayez al-Sarraj based in Tripoli.

Libya Needs European Boots on the Ground

By: EBR | Wednesday, May 6, 2020

The EU must seize on the strategic opportunity presented by the coronavirus pandemic to take the initiative away from Russia and Turkey in Libya

Trump enjoyed only a short-lived and shallow bounce. According to the bets placed on electionbettingodds, his probability of being re-elected on November 3 stands at 49.1%, back to where it was on December 29.

Trump Threatens China

By: EBR | Tuesday, May 5, 2020

Will Trump unleash a new trade war that could seriously impede the post-corona recovery?

The UN cites examples of good practice, including provision of emergency water supplies to slum areas and suspension of housing evictions. But more, it says, is needed as part of a wider human rights-focused risk prevention strategy.

6 ways to protect human rights during lockdown – according to the UN

By: EBR | Monday, May 4, 2020

“A human crisis that is fast becoming a human rights crisis.” That’s how United Nations Secretary General Antonio Guterres, describes the response of many governments to the COVID-19 pandemic

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EU Actually

A mission impossible for Sébastien Lecornu, Macron’s 5th Prime Minister?

N. Peter KramerBy: N. Peter Kramer

President Emmanuel Macron has again named a close ally, Sébastien Lecornu, as the new French prime minister, 24 hours after a vote of confidence ousted François Bayrou.

Europe

France in fresh political crisis after MPs oust prime minister

France in fresh political crisis after MPs oust prime minister

France has been plunged into a new political crisis with the defeat of Prime Minister François Bayrou at a confidence vote in the National Assembly

Business

The Next Chapter: Governance and Growth for Global South families

The Next Chapter: Governance and Growth for Global South families

In much of the Global South, family-owned businesses are not a side story

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