Tag "COVID-19"
What is next for Turkey?
With the Turkish lira at a record depreciation amid the economic fallout of the Covid-19 pandemic,Turkish leadership is struggling to deal with an economic impasse and a seismic foreign relations shift as a result of the US election.
Reality of Post-Communist Transitions Risks Entrenching EU-Central Europe Divide
Hungary’s prime minister, Viktor Orban, and his Polish counterpart, Mateusz Morawiecki, argue that new powers handed to the European Commission, allowing the EU to withhold payments of the €750bn Covid recovery package from member states that fail to meet EU standards on the rule of law, are a politically motivated attempt to target their countries.
Killing the Dollar: A Side-Effect of COVID and its Cures?
Since the end of World War II, the US dollar has consistently functioned as a safe harbour for investors caught by any sort of turbulence. Thus, no one was surprised by its appreciation at the height of the current pandemic, which began in April 2020. And no one will be surprised if vaccine makers’ promises to end the pandemic null all those gains. Yet, the currency’s status and reputation have been weakening since the demise of the Bretton Woods Accord in 1974 to the point that, as a side-effect, COVID and its cures may be lethal for the dollar’s international dominance.
The Influence of COVID-19 on the Future of US Politics at Home and Abroad
The two candidates for the 2020 US election both centered their campaigns on major dividing issues, including the global pandemic. The politicized debate around COVID-19 revealed the cultural differences that divide the United States, and forecasts change in the coming year in US domestic and foreign policy.
Brazil – First 2022 Election Forecast
As the end of 2020 approaches, incipient forecasts about Brazil’s 2022 general election scenario start emerging. As the recent years — and even months — have insistently shown, new facts can easily move the needle towards unforeseen directions, which demands continuous monitoring and analysis. As of December 2020, however, these are the main insights for a forecast on the outcome of Brazil’s 2022 election for President.
Lebanon – Can France Resolve the Country’s Multiple Crises?
While Lebanon has been doubly afflicted by its economic crisis and the COVID pandemic, the fatal blow of Beirut’s port explosion heightened uncertainties concerning the country’s capacity to recover from its multiple troubles. Amid sporadic and hesitant foreign aid packages, France stood up as the figurehead of the country’s reconstruction. Nonetheless, the question remains: to what extent will Paris be able to bring about the changes Lebanon desperately needs?
300,000 Sailors Stranded at Sea Amid Global Pandemic
The UN has recently called for the international community to rescue the crews of commercial ships, gas and oil platforms, and other workers out at sea who have been instructed to keep working, without relief, due to Covid-19.
On the brink of state failure: Lebanon’s continuing crisis
After a year of protests at corrupt sectarian rule and a stagnant economy, Lebanon has come full-circle in re-appointing Saad Hariri as Prime Minister. As a state, Lebanon faces multiple existential challenges which Hariri has a gargantuan task to surmount.
South African Government Accused of Falsifying Unemployment Relief Denials
For six months, South Africans have been well aware of their government’s corruption and incompetence in delivering its $26 billion COVID-19 relief package. Now, many South Africans are being notified that their applications for assistance placed in May have been declined, stating “alternative income source identified.” Yet many citizens who have been receiving this reason are unemployed.
IMF Money? Colombia’s Listening!
After a year of bad news due to the COVID-19 pandemic and its economic repercussions, Colombia’s fortune is finally improving: at the end of September, the IMF expanded Colombia’s credit line from USD 10.8 billion to USD 17.2 billion.
