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New Atlanticist

Apr 14, 2020

President Duque outlines how Colombia is handling dual coronavirus challenges

By David A. Wemer

For most countries around the world, the spread of the novel coronavirus (COVID-19) has strained resources and demanded singular attention from policymakers. For Colombia, this new crisis must also be juggled with the ongoing collapse of neighboring Venezuela, which has already seen 2 million Venezuelans seek refuge in Colombia. “We have had to manage two crises at the same time,” President Iván Duque explained on April 14, which forced Colombia to take drastic measures to contain coronavirus earlier than many of its neighbors.

Colombia Coronavirus

New Atlanticist

Apr 14, 2020

A more coordinated global coronavirus response is needed, Turkish foreign minister argues

By David A. Wemer

Çavuşoğlu cautioned that it is very possible that the pandemic ushers in a “world that is less open, less prosperous, and less free,” but he hoped that effective global leadership would allow the international community to grow stronger. The need for solidarity might even “force us into more multilateralism,” as governments pursue common solutions to the crisis. While many leaders continue to be singularly focused on the situations within their own borders, “we can only eradicate this threat through collective effort,” Çavuşoğlu said. “We must work together.”

Coronavirus Economy & Business

New Atlanticist

Apr 14, 2020

Oil price war ends, but coronavirus demand crisis remains

By Reed Blakemore

The result of the OPEC+ marathon negotiations should help restore some positive market sentiment and possibly firm up something of a price floor over the short term. However, the impact of a month-long price war, amidst deteriorating oil demand, risks eventually drawing the deal into sharp relief over the next few weeks.

Coronavirus Energy Markets & Governance

New Atlanticist

Apr 14, 2020

Putin concedes defeat in the oil price war

By Anders Åslund

Russia's price war with Saudi Arabia backfired, and Putin's backtracking may signal that he is starting to sour on one of his key officials.

Coronavirus Oil and Gas

New Atlanticist

Apr 13, 2020

War in peacetime: The state comes roaring back

By Ajay Chhibber

The coronavirus pandemic (COVID-19) has brought the state roaring back. As the virus has spread around the world, state control over all aspects of life is now well accepted—just as in a wartime economy—except this time the enemy is an invisible, silent killer disease.

Coronavirus G20

New Atlanticist

Apr 13, 2020

The IMF and World Bank need to protect smaller countries during the Spring Meetings

By Hung Tran

While many larger economies have passed significant coronavirus relief packages, many middle- and low-income countries are in dire straits—suffering the full impact of the pandemic and global economic crises. World leaders in their meetings need to make decisions to significantly increase the lending capacity of the IMF to meet the urgent needs of these countries.

Coronavirus International Financial Institutions

New Atlanticist

Apr 12, 2020

OPEC’s historic deal may still not be enough

By Randolph Bell and Reed Blakemore

On April 12, a meeting of the Organization of the Petroleum Exporting Countries (OPEC) and ten other oil producing countries (known as OPEC+) reached a historic deal to cut 9.7 million barrels per day (bpd) to meet the historic challenge of a COVID-19-driven drop in demand. But as the oil market digests OPEC’s and OPEC+’s largest-ever single oil production cut in the face of an overwhelming demand shock, the question remains: will it be enough?

Oil and Gas Russia

New Atlanticist

Apr 10, 2020

Eurozone passes coronavirus rescue plan, but political unity remains elusive

By David A. Wemer

Although European leaders were finally able to agree on a massive rescue package to help the European economy weather the storm of the novel coronavirus (COVID-19) pandemic, the lack of unity on display over the protracted negotiations raises deep concerns about Europe’s ability to navigate the difficult road to recovery.

Coronavirus European Union

New Atlanticist

Apr 10, 2020

India’s adoption of facial recognition technology could have serious ramifications

By Vappala Balachandran

The application of facial recognition technologies in India would almost certainly aid the country’s stretched law enforcement units and may prove useful in future incidents of public rioting or unrest. Given the state of current technologies, however, observers and government officials in India need to critically examine the reliability of this new platform and its potential to wrongfully infringe on the rights of innocent individuals.

Human Rights India

New Atlanticist

Apr 9, 2020

Fighting COVID-19 side by side with migrants

By Walter Cotte and Rebecca Scheurer

In uncertain times humanity historically comes together to embrace our commonalities. In the case of COVID-19, we can achieve more together if we include migrants as active participants in our efforts to quell the spread and impact of this disease.

Colombia Coronavirus