Interview with Theodore Deden Claudio Grass (CG): Looking at the damage inflicted upon supply chains, production facilities and global trade in particular, how quickly could these operations snap back even if all COVID-related restrictions were lifted tomorrow? Do you think we’ll eventually get back to business as usual, or have we now experienced a permanent shift to a “new normal”? Theodore Deden (TD): Forget about the legal COVID-related restrictions. If it were really just...
Read More »A blueprint for a European superstate
The EU Pandemic Relief Deal After intense negotiations, long days and nights of clashes and a distinctly sour note underlying the entire summit, European Union leaders finally agreed on an unprecedented 1.82 trillion-euro ($2.1 trillion) budget and COVID recovery package. This agreement provided €750 billion in funding meant to counter the impact of the pandemic, while it also includes €390bn in non-repayable grants to the hardest-hit members, with Italy and Spain being the main...
Read More »War on poverty, or just war on the poor?
As the dust is now begging to settle, both from the heights of the COVID panic and from the riots that shook the western world, we are starting to get an idea about where we stand after this unprecedented and tumultuous time. We are able to begin taking stock of the damage that was inflicted by the lockdowns and to evaluate the governmental efforts to help those affected and to provide support to the economy. More interestingly, we are finally in a position to see clearly who amongst...
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