In the midst of political and economic crises, the Italian president has asked an economist named Mario to form a technocratic government – a headline that works today as well as it did back in 2011. But despite the numerous parallels between Mario Draghi’s recent appointment to Italy’s top job and the appointment of Mario…
Desperate times call for desperate measures. The global economy has been ravaged by the pandemic, struggling under the cycle of lockdowns and rising virus fatalities for a year now. The forced shutdown of entire business sectors has led to the deepest global recession on record – with increasing numbers of affected businesses closing their shutters…
Exactly one year ago, on 19 February 2020, stock markets hit their pre-pandemic high. Over the five weeks that followed, markets plunged in the most extreme global market crash ever known, as the world accepted that COVID-19 was a threat of unprecedented dimensions. Looking back, it seems impossible anyone could have even broadly predicted what…