Tag: Commentary
Written by Gabriel HerveyMarch 5, 2020
Commentary: COVID-19 just one of a few ‘white swans’ that could trigger next global economic crisis
News Business Article
NEW YORK: In my 2010 book, Crisis Economics, I defined financial crises not as the “black swan” events that Nassim Nicholas Taleb described in his eponymous bestseller, but as “white swans”. According to Taleb, black swans are events that emerge unpredictably, like a tornado, from a fat-tailed statistical distribution. Advertisement Advertisement But I argued that
Written by Gabriel HerveyMarch 5, 2020
Commentary: COVID-19 forces Japan to rethink its view of toilet paper
News Business Article
Commentary Commentary Japan has responded to the COVID-19 news by stripping shops bare of toilet paper. This episode reveals interesting insights into the country, says the Financial Times’ Leo Lewis. People wearing masks queue to buy masks at a drugstore in Tokyo, Japan on Feb 28, 2020. (Photo: REUTERS/Issei Kato) 05 Mar 2020 06:10AM(Updated: 05 Mar
Written by Gabriel HerveyMarch 5, 2020
Commentary: Muhyiddin Yassin, the all-seasoned politician, who rose to Malaysia’s pinnacle of power
News Business Article
SINGAPORE: Many Malaysians were caught by surprise when Muhyiddin Yassin, a leader who had hitherto taken a backseat to more charismatic and vocal leaders such as long-time Prime Minister Mahathir Mohamad and anointed successor Anwar Ibrahim, rose to assume the country’s top role last weekend. But tracing his political path, there were early signs of
Written by Gabriel HerveyMarch 4, 2020
Commentary: Explosion in COVID-19 cases – was South Korea just unlucky?
News Business Article
SEOUL: The graphic image charting the rise in COVID-19 cases in South Korea looks like a sheer cliff – a near vertical rise that springs up from an uneven but steady ground. The numbers tell the story of the outbreak growing only slightly for weeks, then suddenly spiking from 30 to nearly 2,000 in just
Written by Gabriel HerveyMarch 4, 2020
Commentary: Super Tuesday and the stunning resurrection of Joe Biden
News Business Article
Commentary Commentary Former Vice-President Joe Biden’s Lazarus-like re-emergence gives the Democratic party a new mantra: Decency, says the Financial Times’ Edward Luce. Democratic U.S. presidential candidate and former Vice President Joe Biden addresses supporters at his Super Tuesday night rally in Los Angeles, California on Mar 3, 2020. (Photo:REUTERS/Mike Blake) 04 Mar 2020 04:30PM(Updated: 04 Mar 2020
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Commentary: US grapples with the potential impact of quarantines on workers and incomes
BOSTON, Massachusetts: The COVID-19 outbreak appears headed for the US, and the Centers for Disease Control and Prevention are urging Americans to prepare now, such as by stocking up on food and prescription drugs. But since the US economy and its workforce are also at risk of getting sick – a concern you can see