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March 4, 2020

Nigeria
Nigeria Responds to First Coronavirus Case, Learning From 2014 Ebola Response

The new coronavirus was introduced into Nigeria on February 25, 2020, by an Italian engineer traveling from Milan (a European center of the virus outbreak) via Istanbul to Lagos on Turkish Airlines. Nigeria’s Ebola response in 2014 may be instructive for how it responds to coronavirus today.

Nigeria's Minister of Health Osagie Ehanire briefs the media on the status of the novel coronavirus, COVID-19, in Abuja, Nigeria.

September 8, 2020

United States
Winners and Losers of the Pandemic Economy

While it is true that bullish equity markets are out of step with the historic contraction in the real economy, to say that they are disconnected from it misses the point. In fact, the lofty valuatio…

S&P 500 trading screens are displayed at the Nasdaq building in Times Square as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus in New York City.

February 24, 2020

COVID-19
The Coronavirus, Oil, and Global Supply Chains

As nations prepare for a possible health emergency, world leaders are realizing that the new coronavirus is going to be harder to contain than previously hoped. Mobilization is continuing, and concer…

An empty street is seen after a coronavirus outbreak, in Milan, Italy February 24, 2020.

February 28, 2017

Trade
Europe or Anti-Europe?

MILAN – A knowledgeable friend in Milan recently asked me the following question: “If an outside investor, say, from the United States, wanted to invest a substantial sum in the Italian economy, what…

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June 21, 2017

Europe
Where Does Italy’s Bank Recapitalization Stand?

Italy is making real progress now. But completing the recapitalization of Monte and the restructuring of the two Veneto banks may not be quite enough.