Tag: World Economic Forum

Davos: No Talks about the Looming Debt Crisis

A debt crisis sweeping across both continents has the potential of bringing about a new global depression. Governments have no room to use fiscal policy to mitigate the crisis; their monetary policy capabilities have already been depleted in responding to the recent pandemic. Yet there was no mention of this threat in Davos.

India Bans Wheat Export to Ensure “Overall Food Security”

In early May, the Indian Prime Minister announced India was ready “to feed the world” to combat the food shortage following the war in Ukraine. But contrary to expectation, the Indian government enacted an export ban on wheat to combat soaring domestic prices.

WHO Seeks New Far-Reaching Powers at World Health Assembly

The WHO is seeking to amend the International Health Regulations and impose a global pandemic treaty, both of which would grant the global health body new far-reaching powers that would allow it intervene in the affairs of nation-states in the event of a future pandemic.

The Political Economy of Speed

World order will tend to follow its own momentum. Rivals to U.S. hegemony like China do not, therefore, represent an alternative world-order, but an alternative bid for leadership over developing structures of biopolitical control.