NEW YORK (Project Syndicate) —The global financial and economic outlook for the year ahead has soured rapidly in recent months, with policy makers, investors, and households now asking how much they should revise their expectations, and for how long. That depends on the answers to six questions. Six questions First, will the rise in inflation…
President Joe Biden’s ambitious plan to address climate change hit a major hurdle as the Supreme Court on Thursday ruled to restrict federal reach in controlling emissions at power plants and beyond. The court, whose conservative majority has already shown reluctance in broadening federal agency scope, considered the Environmental Protection Agency’s (EPA) authority to regulate…
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The natural gas that lights popular gas stoves for both home and professional cooks contains low concentrations of several pollutants and chemicals linked to cancer, a new study has found. The study, by the Harvard TH Chan School of Public Health and published this week in the journal Environmental Science & Technology, is the latest…
President Joe Biden’s recent statement that the United States would intervene militarily if China tried to take Taiwan by force was hardly a gaffe. The US policy of strategic ambiguity has outlived its usefulness. Since President Richard Nixon went to China and put the two nations on the path to normalized diplomatic and trade relations,…
Read More “Opinion: Defending Taiwan starts with standing up to Putin” »
‘Are you sure we can afford to retire? We could live another 20 to 30 years. I’m wondering if we need more retirement savings. ‘ ‘The recent terrible wildfires really spooked me. Many of the people who perished in those fires were older retirees who couldn’t evacuate in time. The same thing happened with Hurricane…
Read More “Climate change is a retirement issue – how to turn worry into action” »
As prices rise, everywhere, for pretty much everything, the prospect of the human suffering this will cause is deeply worrying. There are predictions that the number of people in the world experiencing acute hunger — currently 276 million — could soon rise by as many as 47 million. To address the problem, one thing that…
Read More “Opinion: Rising prices: why the global drive to keep food cheap is unsustainable” »
WASHINGTON (Project Syndicate) nIn response to surging prices, President Joe Biden declared this month that “fighting inflation” is his “top economic priority.” He promises that his administration “will continue to do everything we can to lower prices for the American people.” Yet notwithstanding such statements of commitment, Biden has refused to lift the Trump administration’s…
Unprecedented forest fires in the drought-stricken Western United States. Tropical storms and rising seas threatening the Gulf and Atlantic coasts. Sizzling heat across swaths of the country. As climate change unfolds before our eyes, what can the US do to sharply and rapidly reduce its share of the greenhouse gas emissions that are causing it?…
The US will start vaccinating children below the age of 5 starting this week, after regulatory agencies approved the shots developed by Moderna and Pfizer and BioNTech over the weekend. Advisers to the Centers for Disease Control and Prevention recommended the vaccines for the littlest children, and the final signoff came hours later from Dr….
NEW YORK (Project Syndicate) – The United States appears to have entered a new cold war with both China and Russia. And US leaders’ portrayal of the confrontation as one between democracy and authoritarianism fails the smell test, especially at a time when the same leaders are actively courting a systematic human-rights abuser like Saudi…
Read More “Opinion: How an arrogant and pathological America could lose the new cold war” »
