The Chinese army marches past the entrance to the Forbidden City on the occasion of the 2020 session of the National People’s Congress on May 22 in Beijing.
This week, our experts are looking at the major trends in post-crisis globalisation.
The current pandemic could be the undoing of globalisation if countries fail to cooperate and choose isolationism over a common purpose.
Green energy can be at the heart of government stimulus plans.
THE CANADIAN PRESS/Jeff McIntosh
Governments can staunch the current economic collapse without returning to the status quo.
Close-up on the circuitry of the Vesuvius quantum computer, announced in 2012 by the Canadian firm D-Wave Systems.
On October 23 Google announced that it built a quantum computer thousands of times faster than classic computers. This could have immense impacts on finance, cryptography and other fields.
A toxic mix of ugly politics and structural economic problems is threatening to tip debt over the edge.
The United Nations spends more on its peacekeeping missions than on anything else.
The world body spends more than US$6 billion a year on peacekeeping operations, most of which are in Africa
This is what a financial crisis looks like on Wall Street.
AP Photo/Richard Drew
The Fed cut rates for the third time in as many months – something practically unheard of in a strong economy.
Rating agencies have been at the centre of major financial crises.
Rating agencies continue to be found wanting, primarily because of their business model where the institution being rated pays. This brings about a conflict of interest which is not easy to resolve.
Office of the Moody’s Corporation ratings agency.
Daniel J. Macy
Standard & Poor's, Moody's, and other ratings agencies have a long and storied history, but today they face significant criticism and the future of ratings themselves are under challenge.
The final deliveries of the A380 are anticipated for 2021.
The shifting market for air travel has forced Airbus to abandon the production of one of the most impressive aircraft of all time, the super-jumbo A380. Was it folly, bad luck or both?
Black Americans were most affected by the 2009 recession.
It's been a decade since the worst financial crisis since the Great Depression, and blacks still haven't fully recovered financially, leaving them unprepared if another recession hits.
As fears of a US-China trade war grow, the eurozone is starting to look like a rock.
The authors of the book
The Making of Finance highlight the intellectual capture of the financial worlds.
Nothing has changed since the 2008 financial crisis. Orthodox theory continues to structure the entire financial industry, yet there is an urgent need to study the social and political nature of markets.
The women elected to the 2019 congress pose for a photo.
After a year of headlines and ousted CEOs, Congress has yet to pass a single piece of legislation on sexual harassment – let alone hold a hearing. That may change as lawmakers get to work in 2019.
No industry should be considered too big to fail, including the auto industry.
Ensuring no industry becomes too big to fail can be achieved by changing the way companies are run. The aim is to develop a sustainable model for corporations.
The 2008 financial meltdown caused millions of Americans to lose their homes, and the austerity measures that followed only widened income inequality and helped fuel the rise of right-wing populism.
(AP Photo/Tony Dejak)
Right-wing populists have exploited key weaknesses in liberal democratic society that were exacerbated by the failure of political leaders to respond effectively to the 2008 financial crisis.
Nagib / Shutterstock
The housing bubble that burst and triggered the 2007-08 global financial crisis was fuelled by securitisation.
There were 6,566 more suicides in the 2008-09 period that were a direct consequence of the rapid decline of equity values.
Christie’s auctions off a Lehman Brothers sign in 2010.
It's when times are good that the seeds of the next financial crisis are sown.
Money, money, money.
What looks from the outside like a domestic currency crash is in fact something far more dangerous.