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The protests that have erupted across China show that the country’s populace prioritizes freedom of movement and assembly over draconian pandemic restrictions. While the government has resisted loosening its strict zero-COVID regime, civil unrest may force it to change course.
In this Russian-language clip, Lincoln Mitchell comments on the events of the Jan 6 attack on the capitol.
The Bank of Japan may achieve its inflation target in 2023 as the cost of living has consistently exceeded market expectations this year, according to Takatoshi Ito.
Jason Bordoff on Europe blaming the US for its energy issues: "It is understandable that Europeans are worried about a wave of deindustrialization. But the culprit is Europe’s lack of competitiveness without cheap Russian gas, not America’s new climate law."
Jacob J. Lew writes about providing more funding for the IRS, "With sufficient base annual funding, the IRS can enforce our tax laws, deliver benefits to small businesses and provide fast, efficient service to all Americans."
Rajan Menon, senior researcher at the Saltzman Institute of War and Peace Studies, writes about Ukraine’s current biggest problem: "coping with the destruction Russia’s attacks wreak on its economy."
Jason Bordoff comments on the fossil fuel industry making a rebound, "There is this desire to make sure new hydrocarbon infrastructure is transition-ready to handle other fuels...I don’t think we’ve kicked the tires enough to make sure that is proven reality and not hype.”