Corona virus

Capitalism After the Pandemic

Capitalism After the Pandemic

BY: Mariana Mazzucato PEJOURNAL - After the 2008 financial crisis which was a challenge to Capitalism, governments across the world injected over $3 trillion into the financial system. The goal was to unfreeze credit markets and get the global economy working again. But instead of supporting the real economy—the part that involves the production of actual goods and services—the bulk of the aid ended up in the financial sector. Governments bailed out the big investment banks that had directly contributed to the crisis, and when the economy got going again, it was those companies that reaped the rewards of the…
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Trump’s Chance in 2020; amid corona virus pandemic

Trump’s Chance in 2020; amid corona virus pandemic

BY: Mohammad Ghaderi PEJOURNAL - Regarding the reduction in the spread of the coronavirus, the first question in the United States has been the impact of the virus on the 2020 presidential election, and to what extent the remnants of Covid19 will be the cause of Trump’s defeat or victory. It is clear that the coronavirus has already strongly influenced the 2020 election and even resulted in a sort of ‘genetic mutation’ in Trump, who described the drowsy and dumb Joe Biden as a calm and good man after a phone conversation between the two. Although he seemed to believe…
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The United States Dollar at Risk of Sudden Collapse, Ex-IMF Official Warns

The United States Dollar at Risk of Sudden Collapse, Ex-IMF Official Warns

PEJOURNAL - With the United States expected to double down on its fiscal stimulus measures to mitigate the economic fallout from the corona virus pandemic, and the US Federal Reserve continuing its aggressive monetary policy easing, there is a rising risk of a sudden loss of confidence in the US dollar, according to a former senior executive with the International Monetary Fund (IMF), China Morning Post Reported. Zhu Min, who was deputy managing director of the IMF from 2011 to 2016, said the US dollar’s position as the dominant global currency was at risk of being eroded because of mounting…
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The UAE and the Israel; Two decades of cooperation

The UAE and the Israel; Two decades of cooperation

PEJOURNAL - The series of events and developments in the last two decades in the UAE show that this government has sought to normalize relations with the Israeli regime and during this time has tried to involve its allies in this field. The UAE did not even wait for the Zionist regime to agree to the Arab leaders' peace plan at the Beirut summit, and began its relations with the regime in this direction, which accelerated with the beginning of the coronation of "Mohammad Benzayed". The first official visit of Zionist officials to the UAE took place in 2003, when…
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Foreign Policy:  The Pandemic Could Be the Crisis Liberalism Needed

Foreign Policy: The Pandemic Could Be the Crisis Liberalism Needed

BY: Matt Warner* , Tom G. Palmer* PEJOURNAL - The world may be reaching a dangerous inflection point for liberalism. According to the latest reports from Freedom House, over the last 15 years the share of unfree countries in the world has risen while the share of free countries has dropped. Today, government deficits are spiking in response to the public’s demand for intervention to mitigate the economic impact of the coronavirus pandemic, and some warn that authoritarian leaders are seizing the opportunity to expand their control. Still, this may be a time when liberalism starts to gain ground, not…
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Reuters: Asian markets struggle to digest coronavirus spike

Reuters: Asian markets struggle to digest coronavirus spike

PEJOURNAL - Asian shares are showing a mixed picture on Tuesday after a volatile day in U.S. equity markets amid persistent concerns over the record number of new coronavirus cases worldwide and signs of an economic rebound. Australian S&P/ASX 200 futures lost 0.76% in early trading, Japan’s Nikkei 225 futures added 0.22%, and Hong Kong’s Hang Seng index futures rose 0.39%. E-mini futures for the S&P 500 rose 0.21%. After a strong start in the United States, equity markets sold off when California announced it was slowing the state’s reopening, shutting bars and banning indoor restaurant dining statewide in response…
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DER SPIEGEL: Merkel and Von Der Leyen The Two Women Who Could Transform Europe

DER SPIEGEL: Merkel and Von Der Leyen The Two Women Who Could Transform Europe

PEJOURNAL - Generally speaking, home for Ursula von der Leyen is Brussels. This is where she spent the first 13 years of her life. "For me, the journey to Brussels very much represents the feeling of coming home," she says. More narrowly speaking, Von der Leyen's home is a 25-square-meter (270-square-foot) space in the Brussels headquarters of the European Commission, of which she is the president. Von der Leyen sleeps in a small apartment connected to her office via an unremarkable door next to a sideboard. She sometimes spends the weekend in Burgdorf, near Hanover, where her family lives --…
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The Economist: America rediscovers the joys of vegetable-growing

The Economist: America rediscovers the joys of vegetable-growing

PEJOURNAL - From a selfish perspective, this hot, quarrelsome month has brought two great joys to your columnist. It gave him his first opportunity to take part in American democracy, in the form of a local election for which his foreign citizenship was no bar. (The contest was also fiery, of which more shortly.) And it was the first June in which he has overseen a vegetable garden ripening at New World pace. Zucchini seedlings planted in late May provided their first sleek squashes to Lexington’s table this week. Tomato seedlings that went in at the same time are now…
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The pandemic in Africa is not just a crisis of public health or the economy, It’s a political one, too.

The pandemic in Africa is not just a crisis of public health or the economy, It’s a political one, too.

Writing in The Economist, former senior UN official Alan Doss and founder of Celtel Mo Ibrahim argue that the pandemic threatens the democratic progress made in Africa in recent years."Hard times often make people especially vulnerable to the siren song of populists and extremists trading on communal enmities," they write.At least 18 African countries are expected to hold national elections this year. But unless proper laws are in place, suspending elections amid the pandemic could erode democracy.To prevent this from happening, Mr Doss and Mr Ibrahim explain, there are several steps African governments and the public can take
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Political Economy Journal: Mysterious Corona Virus, Who is blamed?

Political Economy Journal: Mysterious Corona Virus, Who is blamed?

A Reality Fact Check By: Mohammad Ghaderi ( NOURNEWS/ President )Pooya Mirzaei ( NOURNEWS ENGLISH/ Director General )Syed Ali Sakkitticha ( NOURNEWS ENGLISH/ Editor ) PEJOURNAL - Coronavirus pandemic has been in center of discussion all over the world and the cause-effect have been thoroughly investigated in different corners of the world. United states have largely alleged China for the pandemic and different accusations have been made. So many people have responded to these biases. In this article we gathered different evidence supporting Chinese defenses against US allegations. Each and every allegation made are taken into consideration. We reached this…
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