Africa

Juergen Braunstein and Sachin Silva argue that sovereign wealth funds may be central to governments' efforts to balance public responsibility with private interests in post-pandemic economies.

Today’s economic crisis leaves us with an unsettling and perplexing regret. Why weren’t financial portfolios already adjusted for risks that stem from health events such as pandemics? After all, financial portfolios are adjusted for liquidity risks, market risks, credit risks, and even operational and political risks.

February 24th, 2020, in Cambridge, Massachusetts, Dr. Gesche Joost, Professor of Design Research at the Berlin University of the Arts and head of the Design Research Lab since 2005, discussed the digital divide and how it will shape social connectivity in an event moderated by Cathryn Clüver Ashbrook, Executive Director of the Future of Diplomacy Project and the Project on Europe and the Transatlantic Relationship, and Lauren Zabierek, Executive Director of the Cyber Project.

Could using the cash in your pocket have the potential to spread covid-19? That question has rarely appeared in the news, but many governments and leaders in the digital payments industry are wondering how the virus might impact the use of cash. Several countries have already taken drastic measures to limit circulation of bank notes. Could such interventions lead to the end of cash payments?

Because hand-to-hand exchange of physical currency could transmit the coronavirus, countries around the world are being forced to reconsider the use of cash. In fact, COVID-19 might turn out to be the catalyst that finally brings digital payments fully into the mainstream. Not surprisingly, the digital-payments industry is already focusing on the opportunities created by the crisis.

Chinese diplomats in Africa are robustly defending Beijing’s policies on Twitter as part of a new and sometimes aggressive public relations campaign which is playing out across the globe as the country’s envoys answer President Xi Jinping’s call to “tell China stories well”.south chi

Just two weeks ago, a tweet cost the global stock markets roughly $1.36 trillion (or Australia’s annual GDP). With 280 characters on Twitter, the U.S. President Donald Trump threatened to raise tariffs on select Chinese imports, instilling lower market confidence, triggering significant volatility, and exacerbating existing political uncertainties. To explore what is really at stake in Twitter diplomacy, it is important to explore why Twitter diplomacy matters, why world leaders use it, what it means for diplomatic relations, and how governments can manage the associated risks.