What to do about the EU’s relative decline
TINOS: The European Union will be marginalised if it continues to shrink compared to other parts of the world. Two former Italian prime ministers, Enrico Letta and Mario Draghi, are proposing...
Sovereign debt workouts need knocking into shape
LONDON- The process of working out sovereign debts is not working. Countries such as Zambia are twisting in the wind because of long delays in restructuring their borrowings. It is harder to get all...
Reparation bonds could unlock $300 billion for Ukraine
Ukraine needs cash to keep defending itself against Russian aggression. The United States and European Union are struggling to keep writing cheques to the country. They’re also reluctant to hand...
Time to target fossil fuel demand, not supply
Just stop oil production — and, for that matter, gas and coal supply. Then there will be hardly any greenhouse gas emissions. Mission accomplished.It’s a seductive theory. With global emissions...
Shipping tax could yield $100 billion climate windfall
The shipping industry emits 2.9% of the world's greenhouse gases. It has also largely escaped taxation because what happens on the high seas is not in the jurisdiction of any single government.These...
Rich world has three ways to win over global South
The Group of Seven rich countries needs a stronger pitch to non-aligned nations. A strategy based on peace, prosperity and protecting the planet could work. It would certainly be more effective than...