On Monday, February 6, 2023 a magnitude 7.8 earthquake struck Turkey and Syria. It is the world’s deadliest earthquake in more than a decade. The latest reports from the two countries put the death toll at 22,375, with thousands more injured. Rescue workers are now racing against time to pull survivors from the rubble of collapsed buildings in freezing winter conditions‚ but hopes are fading.
David M. Satterfield, Edward M. EmmettFebruary 10, 2023
A pledge to boost regional competitiveness is a welcome outcome of last month's North American Leaders’ Summit. But the region’s policymakers should remember the lessons of the past as they work to do so, writes fellow David A. Gantz.
Over the last three years, the U.S. has experienced several significant pandemic-driven economic rollercoasters. In response, consumer behaviors have certainly shifted, writes public finance fellow Joyce Beebe. She explores the latest consumer trends in this issue brief.
Australia’s domestic natural gas price caps are poor policy, writes nonresident scholar Kelly Neill. A better idea is a tax enabling the Australian government to share resource profits and losses with the gas industry.
President Vladimir Putin’s invasion of Ukraine has backfired in many ways. For one, it’s leading to a diminished Russian energy export economy and spurring Europe to a clean energy future, writes fellow Jim Krane.
The short days and winter storms of January have kept drivers off the roads—lowering the demand for gas and increasing the available supply. Yet, oil prices are still rising as the Russia-Ukraine war continues to disrupt global energy markets. We discuss the latest market trends and developments in global energy markets— including the European Union embargo on Russian oil exports and the price caps that G-7 nations are preparing to set on Russian diesel, kerosene and oil.
David M. Satterfield, Gabriel Collins, Mark Finley, Anna B. MikulskaFebruary 3, 2023
TikTok — the China-owned app that is currently the most popular social platform in America — is at the center of a swirling geopolitical and economic debate. The app has faced criticism from U.S. government officials who say it gives China access to American data, making it a security risk. Here, we discuss the risks, the efficacy of bans, and consider the possibility of a TikTok-less America.
David M. Satterfield, Joe Barnes, Aynne Kokas, Steven W. LewisFebruary 2, 2023
In the next year, the EPA could make a final decision on whether to classify PVC as hazardous waste. What would this entail? Fellow Rachel Meidl explores why a hazardous designation for PVC would have costly implications — moving the U.S. further from its goal of achieving a sustainable, circular economy.
On January 7, a six-year-old in Newport News, Virginia shot and wounded his teacher. As of 2020, firearm injury is the leading cause of death among children in America. We discuss the public health implications of rising gun violence, the medical community’s response, and which policy interventions can promote community safety.
David M. Satterfield, Rola El-Serag, Sandra McKay, Bindi Naik-MathuriaJanuary 31, 2023
Is the U.S. headed for a recession? History tells us a near-term recession is unlikely — but emergent threats like unregulated crypto exchanges and U.S. debt servicing necessitate further measures to mitigate economic risk, writes public finance fellow Jorge Barro.