The Covid crisis is hitting the international shipping industry hard – including Genting Hong Kong. The owner of the East German MV Werften is experiencing payment difficulties. As a result, the traditional German shipyards had to file for insolvency on Monday, after a long period of anxiety.
By Michael Radunski
In Beijing's neighboring city of Tianjin, of all places, China has registered its first local cases of Omicron. Tensions are high shortly before the Olympic Games. A spread of the new virus variant would also hit the economy hard.
By Redaktion Table
From climate change and rising inequality to pandemics and the digital revolution, Michael Spence sees plenty of reasons for China and the US to work together in a way that would benefit both. Unfortunately, according to the economist, the contrary has happened. This casts a shadow over the current recovery and the future prosperity of the planet.
By Redaktion Table