Will sky-high unemployment lead to authoritarianism or progress? | Barry Eichengreen

The fallout from coronavirus could help undermine Reagan-era principles and renew a sense of national interdependence

Does the huge surge in US unemployment claims announced on Thursday mean that we are doomed to endure the 30% unemployment of which the Federal Reserve Bank of St Louis has warned?

The answer is no. How high unemployment rises will depend on how quickly we ramp up testing and the provision of protective equipment, enabling us to determine when and where it is safe to return to work.

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Campaigners attack Japan’s ‘shameful’ climate plans release

Proposals criticised amid fears countries may use coronavirus crisis to rein in commitments

Japan has laid out new plans on greenhouse gas emissions under the Paris agreement ahead of vital UN climate talks later this year, becoming the world’s first major economy to do so.

But its proposals were criticised by campaigners as grossly inadequate, amid fears the Covid-19 crisis could prompt countries to try to water down their climate commitments.

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Dominic Cummings self-isolates after experiencing coronavirus symptoms

Boris Johnson’s key adviser believed to have mild symptoms including a cough

Dominic Cummings has developed symptoms of coronavirus over the weekend and is self-isolating, a source has confirmed.

Boris Johnson’s key adviser, who was last seen running through Downing Street on Friday, is believed to have experienced mild symptoms including a cough.

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Chinese citizens fear catching coronavirus from ‘silent’ carriers

Asymptomatic people may be infecting others despite officials saying risk of this is low

Two weekends ago, Wang, a 59-year old cleaner who works at a library in Henan province, accompanied her former classmate Zhang home for China’s tomb-sweeping holiday, when families tend to the graves of their ancestors. She met Zhang, a local doctor, at a bus stop and the two drove out to the countryside. They shared three meals together.

On Tuesday last week, Wang developed a cough and two days later, a fever. Her son took her to hospital where she was tested for Covid-19. On Saturday, she became not only the first person in her province in 30 days to catch coronavirus via local transmission, but one of the country’s few new infections.

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Great hyphen debate splits Czechoslovak MPs – archive, 30 March 1990

30 March 1990: Compromise over what to call Czechoslovakia after the fall of the communist government

When the Czecho-Slovak Republic was established in 1918 it was spelled with the hyphen, but in 1921 the government renamed the country Czechoslovakia. After the collapse of Communist rule at the end of 1989, the Slovaks demanded that the hyphen be reinstated. On 1 January 1993, the country separated into two new states, the Czech Republic and Slovakia.

The Czechoslovak parliament, unable to agree on a new official name for the country, compromised yesterday by choosing two.

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Coronavirus upends US election cycle as officials scramble to protect voters

Primaries have been delayed and conventions are in question as calls for voting by mail raise concerns of their own

When Spelman College announced this month it was suspending in-person classes and closing residence halls in response to coronavirus, Ashee Groce, a junior, had a question: how would she vote?

Groce, who serves as president of Young Democrats of America at Spelman, had registered herself and a number of fellow students in the Atlanta area. But they had now lost their housing and would have to return home before Georgia’s presidential primary.

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From tight purse strings to massive fiscal firepower: the Coalition’s staggering transformation | Katharine Murphy

The RBA begged the government for stimulus to kickstart the economy – to no avail. But coronavirus has seen a radical change in thinking

On 12 March Scott Morrison came to his courtyard with $17.6bn. A week later the Reserve Bank of Australia cut the cash rate to 0.25% and pumped more than $100bn into the financial system in an effort to keep struggling businesses afloat and stave off substantial job losses.

On 22 March Morrison returned to his courtyard with another $66bn. Then on 30 March, Monday, the prime minister came back with $130bn for wage subsidies. Monday’s $130bn will be spent not over the four-year forward estimates, which is the budgetary convention. It will be spent over the next six months.

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