long term – Intersindical RTVV http://www.intersindicalrtvv.com/ Wed, 09 Mar 2022 09:33:00 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.intersindicalrtvv.com/wp-content/uploads/2021/03/intersindicalrtvv-icon-70x70.png long term – Intersindical RTVV http://www.intersindicalrtvv.com/ 32 32 Could CBDCs, crypto, mining or digital RMB save Russia from sanctions? https://www.intersindicalrtvv.com/could-cbdcs-crypto-mining-or-digital-rmb-save-russia-from-sanctions/ Wed, 09 Mar 2022 09:33:00 +0000 https://www.intersindicalrtvv.com/could-cbdcs-crypto-mining-or-digital-rmb-save-russia-from-sanctions/

Putin’s mention of Russia’s energy reserves has led some to consider Moscow’s possible pivot to mining crypto as a source of revenue.

Jorge Pesok, the general counsel for US-based compliance software firm Tacen, told FX Empire:

It is certainly possible that mining could provide a source of taxable revenue for Russia – essentially limiting the anticipated effects of sanctions, but probably not to an extent that would offset the severe economic impacts the country is currently facing.

But with a dwindling customer base for its vast oil and gas reserves, could Russia use its energy resources by providing miners with more power to mine tokens, which could then be taxed?

Other states have already gone further. The Venezuelan military, for example, converted some military facilities in 2020 into crypto-mining data centers in an effort to bail out treasury coffers.

Crypto adoption campaigns have led the Venezuelan state, which has also been heavily sanctioned by Washington, would have amassing a vast reserve of BTC and Ethereum.

Could the Kremlin follow Venezuela’s example?

Pesok was skeptical, saying he hadn’t “planned for the unlikely strategy” of using Russian energy reserves otherwise earmarked for export to mine tokens. He added:

I expect the country to seek revenue from taxation of crypto platforms such as exchanges, intermediaries and OTC desks, or other taxes on investments and income from the cryptography.

Flashpoint Intelligence’s Toth-Czifra agrees, explaining:

Even considering that the Russian government could legalize, tax and then increase this capacity, even with a tax rate close to 100%, even if the energy costs are ignored and even assuming that Russia is still able to import the equipment needed for mining in the future, the revenue from this would be a negligible fraction of what the Russian economy loses under the current sanctions regime.

A Russian move to tax crypto mining, he added “wouldn’t make any tangible difference at all.”

What about the digital yuan?

In great evils, great means. And while the digital ruble may only exist on the drawing board at this point, one notable CBDC is much closer to rollout: the digital yuan.

Beijing, which has blamed Western allies for the conflict, is in the final stages of its own pilot project. The integration of the Russians would allow both countries to abandon the USD in their cross-border trade.

Rajic, meanwhile, added: “One would have to ask whether importers would be willing to trade with Russia via a China digital reserve currency. And the idea is unlikely to be appealing to most businesses and financial organizations..”

Pesok agreed, noting that even “short-term workarounds, such as cryptocurrencies and digital payment solutions for small amounts of sanctions workaroundswere more appealing.

While Beijing might welcome the idea of ​​putting its digital token to the test on the international stage, it might think twice about launching it in such a confrontational way. Already, the Asian Infrastructure Investment Bank, which is heavily backed by Beijing, has announced it will freeze Russian and Belarusian loans. The bank said it was acting in its “best interests”.

Toth-Czifra agreed that Beijing would likely forgo getting closer to Russia on the economic front for fear of a backlash, saying:

China has already signaled that it is wary of secondary sanctions. Chinese banks have already blocked the financing of Russian commodity sales. Chinese entities are unlikely to easily lend a hand to the Russian financial system, especially when the Chinese government’s official position is that Russia should resume negotiations with Ukraine.

How about a digital ruble?

Rajic felt that a CBDC, and “the centralized control it would bring” was “likely to be much more attractive to the Kremlin.” The Russian Central Bank is indeed working on a digital ruble, but that hasn’t even appeared in pilot form. Rajic said:

If the conflict were to end in a few weeks or months, I don’t think we would see a Russian CBDC accelerated to this point, but a few years later and it might be possible.

While a digital ruble is unlikely to deploy in time to save Russia from the full force of Western and allied sanctions, the long-term effects of these measures may well end up altering the economic landscape – beyond of any recognition.

More coordination needed to house Afghan refugees on military bases https://www.intersindicalrtvv.com/more-coordination-needed-to-house-afghan-refugees-on-military-bases/ Mon, 07 Mar 2022 17:10:26 +0000 https://www.intersindicalrtvv.com/more-coordination-needed-to-house-afghan-refugees-on-military-bases/

To listen to the Federal Newscast on your phone or mobile device, subscribe to PodcastOne or Apple Podcasts. The best desktop listening experience can be found using Chrome, Firefox, or Safari.

  • The Cybersecurity and Infrastructure Security Agency is now the latest agency to present its reintegration plans to the office. CISA Director Jen Easterly tells employees in a memo that 100% telecommuting and maximum telecommuting will no longer be allowed after March 31. From then on, employees will be required to begin reporting to the office for at least two days per pay period. Employees working remotely, whose home is listed as their official duty station, may continue to work remotely. Supervisors will hold talks with employees over the next few weeks to discuss their telework eligibility. Employees deemed eligible to telework must enter into new telework agreements by March 25. (Federal Information Network)
  • Senate approves bill to ensure agencies buy secure cloud services. The Senate last week unanimously passed the Federal Secure Cloud Improvement and Jobs Act as part of a broader cybersecurity package. The bill would authorize the FedRAMP program for five years. It would also require the White House to send annual reports to Congress on how agencies use FedRAMP, as well as a new audit from the Government Accountability Office. The legislation would also establish a Federal Secure Cloud Advisory Committee comprised of government and industry representatives. (Federal Information Network)
  • Starting in October, agencies are required to ensure that the products they purchase have a 60% domestic content threshold, an increase of 5% from 2022. The Federal Acquisition Regulations Council issued a final rule amending requirement as part of Biden administration purchase. American initiative. Over the next six years, the rule aims to raise the domestic content threshold to 75% by 2029. The administration says the new rule will help close loopholes in current regulations while allowing companies to manufacture at land and adjust their supply chains to increase the use of American-made components.
  • The United States Transportation Command has officially lifted a stop work order on the Army’s new multi-billion dollar household goods move contract. This is after the Government Accountability Office dismissed all protests that had challenged the award late last week. HomeSafe Alliance, the contract winner, says it believes it can still start making its first moves under the contract by December this year, with a full transition to the new contract by December. Fall 2023. This schedule may still be delayed. if either of the losing bidders files another protest with the Federal Court of Claims and the court issues a stay. (Federal Information Network)
  • The FDIC is looking for help managing all of its data. The Federal Deposit Insurance Corporation plans to create an enterprise-wide data catalog to provide a central, authoritative source to search, discover, learn, and obtain analytical information. The FDIC issued a request for proposals for a vendor to consolidate its petabytes of data across various cloud platforms, mainframes, and databases into a single software-as-a-service offering. The RFP asks a vendor to develop a data catalog that leverages an application programming interface or API integrations, and creates and leverages metadata and indexing strategies. Proposals are due March 22.
  • The US government has a new challenge for technology developers: to create a tool that can use machine learning to tag documents with controlled unclassified information. Agencies have struggled to find a consistent way to identify and mark CUI. Now the Navy is sponsoring a prize competition for an automated CUI prototype. A panel of judges will select up to 10 concepts to progress to the demonstration phase of the challenge. The top five submissions will also win a prize of $10,000.
  • The Defense and State Departments have been working together for months to evacuate and house Afghan refugees on US military bases, but still lack written agreements formalizing those arrangements. The Pentagon’s inspector general says the absence of memorandums of understanding has created confusion around roles and responsibilities and makes it difficult to budget for Operation Allies Welcome. Pentagon officials say they drafted the agreements, but State Department officials at least initially refused to sign them.
  • The Ministry of Defense is working on a new comprehensive strategy that will inform its future decisions. The Pentagon says the concept of integrated deterrence will be at the forefront of the new national defense strategy. The NDS is the plan on which the Army bases almost all of its budgetary and operational choices. The Department of Defense says integrated deterrence will include more than the use of nuclear weapons to keep China and Russia at bay. The DoD plans to operate its weapons on land, air, sea, space and cyber.
  • The senior military official in charge of homeland defense said the military should prioritize protecting critical infrastructure from threats from China and Russia. Chief of the United States Northern Command. Gen. Glen VanHerck says the United States needs to better define what constitutes critical infrastructure so it can be better isolated from cyberattacks and other subterfuges. VanHerck said current definitions of critical infrastructure are too broad and ambiguous.
  • The Senate is nearing a final vote on a postal service reform bill after running into procedural hurdles. A long-awaited reform bill that would save the Postal Service a total of $107 billion is nearing the final vote in the Senate. After a long week of debate, the Senate has scheduled a closing vote on the USPS bill tonight. The bill has strong bipartisan support from 14 Democratic senators and 14 Republican senators. Two Republican senators, however, openly oppose the legislation and have sought to delay the bill over fears it will hurt Medicare’s long-term solvency. (Federal Information Network)
After ‘Bridge to Europe’ bid, Ukraine’s ties with China put to the test | Business and Economics News https://www.intersindicalrtvv.com/after-bridge-to-europe-bid-ukraines-ties-with-china-put-to-the-test-business-and-economics-news/ Thu, 24 Feb 2022 09:57:20 +0000 https://www.intersindicalrtvv.com/after-bridge-to-europe-bid-ukraines-ties-with-china-put-to-the-test-business-and-economics-news/

Last July, Ukrainian President Volodymyr Zelenskyy made a bold offer to his Chinese counterpart Xi Jinping. In a phone call to mark the 10th anniversary of a strategic partnership between the two countries, Zelenskyy said he wanted Ukraine to become a “bridge to Europe” for Chinese companies.

Seven months later, that hope is being tested in the crucible of Europe’s worst security crisis since the end of the Cold War, with Russia launching a full-scale military offensive against Ukraine on Thursday.

Since 2019, China has been Ukraine’s top trading partner, taking pole position from Russia amid tensions between Kyiv and Moscow. Despite the pandemic, trade between China and Ukraine has increased over the past two years, reaching $15.4 billion in 2020 and nearly $19 billion in 2021, according to Ukrainian government customs data.

China also sees Ukraine as a hub and transit node for Xi’s Belt and Road Initiative, a global network of highways, railways and ports built with loans from Beijing. A direct train linking the two nations started last June.

But China’s reluctance to condemn Russian President Vladimir Putin’s announcement of an invasion of eastern Ukraine could complicate this nascent partnership, while injecting new uncertainty into economic relations with Europe and the United States, according to experts.

“Uncertain and problematic,” is how Vasyl Yurchyshyn, director of economic programs at the Razumkov Center, a Kiev-based think tank, described the current state of Sino-Ukrainian relations with Al Jazeera. “Ukraine will continue its economic cooperation with China, but its effectiveness and efficiency will entirely depend on China and its willingness to support our country,” he said.

Fine balance

So far, China has tried to strike a balance in the Ukrainian crisis. He backed Russia’s security demands, including Moscow’s insistence that NATO refrain from further eastward expansion. On Wednesday, he criticized Western sanctions against Russia, accusing Washington of “sowing fear and panic”. He blamed NATO for the tensions in Europe. But he also stressed that he does not support an invasion of Ukraine.

“The sovereignty, independence and territorial integrity of any country should be respected and safeguarded,” Chinese Foreign Minister Wang Yi said last week during a speech at the Munich Security Conference. “Ukraine is no exception.” On Thursday, Chinese Foreign Ministry spokeswoman Hua Chunying called on all parties to exercise restraint, but dismissed a reporter’s description of Russia’s actions as an invasion.

Analysts believe that this diplomatic juggling is largely aimed at trying to insulate China from any economic backlash from the United States and the European Union. “This is something that worries Xi Jinping,” Trey McArver, co-founder of Trivium China, a Beijing-based strategy consulting firm, told Al Jazeera.

After Xi and Putin issued a joint statement earlier this month declaring that friendship between Beijing and Moscow has “no limits”, US national security adviser Jake Sullivan warned that China could also face “costs” if considered favorable to Russian aggression against Ukraine.

“I think that concern is part of what is motivating Beijing to thread the needle in its messaging about the conflict,” Brookings Institution fellow Jessica Brandt told Al Jazeera.

Chinese President Xi Jinping and Russian President Vladimir Putin say their countries’ friendship has ‘no bounds'[File: Evgenia Novozhenina/Reuters]

Economic relations between Beijing and the West have already taken a severe blow in recent years. Concerns over trade barriers, currency manipulation and data privacy in Chinese tech have tangled with broader tensions over human rights abuses in Xinjiang, Beijing’s crackdown on dissent in Hong Kong and its threats against Taiwan.

The European Union suspended a free trade deal with China last year, while Beijing and Washington have yet to significantly reverse measures they took against each other during the trade war. launched by former US President Donald Trump.

Still, things could get even worse for China because of the Ukraine crisis, analysts say. “Especially with the European Union, I think the economic relationship could suffer,” Li Mingjiang, associate professor at the S Rajaratnam School of International Studies at Nanyang Technological University in Singapore, told Al Jazeera.

At the same time, Western sanctions risk increasing Russia’s economic dependence on China. Their bilateral trade, which stood at $104 billion in 2020, is set to increase as Russia depends even more on the vast market of its southern neighbour. After meeting Xi in Beijing in early February, Putin announced a new pipeline that will supply China with 10 billion cubic meters of gas each year, in addition to the 16.5 billion cubic meters that Russia already sends.

All of this gives China leverage it could use to seek or renegotiate deals with Russia on even more favorable terms for Beijing. Some analysts believe Xi will likely refrain from exercising this option. “He definitely has the circumstances that would allow him to push his edge with Russia,” McArver of Trivium China said. “However, I don’t see him doing it.”

China would not want to disrupt its relations with Moscow, Brandt said. This is also true for Beijing’s economic ties with Kyiv, according to Li of the S Rajaratnam School of International Studies.

The relationship is easy to overlook because the volume of trade between China and Ukraine – while huge for the Eastern European nation – is small compared to the flow of goods and services between major nations. But Ukraine provides spare parts and maintenance services for a range of Russian-made Chinese planes, a legacy of the Soviet Union’s random collapse that left its vast aerospace and aircraft sector split between two countries. Ukraine is also one of China’s main sources of corn.

Deeper dilemma for China

“China appreciates this relationship,” Li said. “That’s why, if you read between the lines, he actually criticized Russian aggression.”

But many Ukrainians may not be willing to parse diplomatic nuances as their country is under attack.

“In international forums, which deal with issues important to Ukraine, the United States and European partners show consistent support for Ukraine,” said Yurchyshyn of the Kyiv-based Razumkov Center. “China, on the other hand, often takes a far from pro-Ukrainian stance, mainly on issues of countering Russian aggression… can we really ignore that?”

Certainly, reducing economic ties with China would likely hurt Ukraine more in the short term – trade between nations accounts for 11% of Ukraine’s gross domestic product.

Yet recent history offers examples where Ukraine adapts when it needs to. In 2014, when Russia annexed Crimea, Ukraine’s economy depended even more on its big neighbor than it does on China today. The subsequent sharp decline in trade with Russia has helped Ukraine’s economy become more competitive, Yurchyshyn said.

Ultimately, the current crisis exposes a deeper dilemma for China, Brandt said. Moscow and Beijing share an animosity against liberal institutions and governments that challenge them, she said. But they have different long-term strategic goals.

“Russia is a power in decline that seeks disorder. China is a rising power that wants to reshape the existing order to suit its interests,” Brandt said.

Beijing’s choices over the next few weeks could help dictate what that world order will look like.

No. 70, Texas A&M OL Kenyon Green https://www.intersindicalrtvv.com/no-70-texas-am-ol-kenyon-green/ Mon, 14 Feb 2022 22:35:00 +0000 https://www.intersindicalrtvv.com/no-70-texas-am-ol-kenyon-green/

The Unpacking Future Packers Countdown is a countdown of 100 prospects who could be selected by the Green Bay Packers in the 2022 NFL Draft.

In the 2019 NFL Draft, Brian Gutekunst selected Elgton Jenkins with the 44th overall pick. The Mississippi State offensive lineman has quickly become the most versatile offensive lineman in the NFL.

A player who can play all five positions along the offensive line is invaluable. He’s a big reason the Green Bay Packers had one of the best offensive lines in football during the 2020-21 season.

One player who offers Jenkins-like versatility in the 2022 NFL Draft is Kenyon Green. The Texas A&M offensive lineman checks in at No. 70 in the Unpacking Future Packers Countdown.

Green came to College Station as a five-star recruit. In freshman year, Green started at right guard. In 2020, Green moved to left guard.

Last season, Green started games at left tackle, right tackle, left guard and right guard. According to Pro Football Focus, Green played 408 snaps at left guard, 142 at right tackle, 106 at left guard and 81 (mostly against Alabama) at left tackle. The former five-star rookie has the versatility to play all five positions along the offensive line.

“He did everything A&M asked of him, including playing center for some snaps during the 2020 Orange Bowl,” said AggiesYell.com reporter Mark Passwaters. “He was the starting right tackle at the start of the season, but that group wasn’t working. He was put on service at left tackle against Alabama and had a great game. But when he was on guard, he was at his best. He is a capable and solid tackle. He’s an elite guard.

Green is a fast and powerful run blocker. He has a powerful bottom half and is able to direct defenders in any direction he chooses. He easily passes to the second level and manhandles the defenders.

“Green is an elite run blocker,” Passwaters said. “He has huge lower body and huge leg strength, so he can get off the snap and start moving people around. If he gets leverage, he’s going to get you out of the way.

In pass protection, Green has a solid base. He is rarely out of balance and holds his own against bull rushers.

The versatile offensive lineman has the quickness of the foot to protect the corner when playing tackle. Green has strong hands. The three-year-old starter has a high football IQ and is not fooled by stunts and twists.

“Green is just a big guy and you’re not going to move him,” Passwaters said. “The only weakness he had was that extremely fast ends could beat him from the edge. When he came back inside, and in that tight space, no one was passing him. He’s too strong, too fast and too smart He has long arms, so he gets his hands on the guys and dictates how the game goes from there.

Green is combat tested. Playing in the SEC, Green faced some of the top passers in the country on a weekly basis. He also faced Texas A&Ms, DeMarvin Leal, Michael Clemons and Tyree Johnson. Despite facing elite competition, Green has only allowed one sack in the past two seasons (zero this season).

“His power is arguably his greatest strength,” Passwaters said. “He took on some of the elite defensive linemen in the country and physically roughed them up.”

Fit with the Packers

Jenkins suffered a torn ACL in November and could miss the start of the 2022 season.

With Jenkins sidelined, there are questions about what the starting offensive line will look like for the Packers when the season kicks off in September.

It’s reasonable to expect the Packers to deploy a starting five, David Bakhtiari (left tackle), Jon Runyan (left guard), Josh Myers (center), Royce Newman (right guard) and Billy Turner (right tackle).

However, what if the Packers choose to cut Turner? Newman has had a strong rookie season, but could they be looking for an upgrade to right guard via the draft?

Drafting a player like Green could give the Packers great flexibility along the offensive line. The Texas A&M product would be a plug-and-play starter at right guard or right tackle.

“He has the potential to be the Brandon Scherff of this generation,” Passwaters said. “He’s so good. If you want a guard, you can hook him up and let him work for 10 years, Green is your man. He’s powerful, durable, a great player in the locker room and a sponge when it comes to learning. He’s already very good, but he hasn’t played his best football yet.

Green turns 21 in March. If he can slip to the Packers in the first round, Gutekunst can sprint to the phone to select the versatile offensive lineman.

Green is a plug-and-play starter and could give the Packers their long-term starter at right guard or right tackle while being able to switch positions seamlessly.

Jon Rahm shares bond with Shriners patient at WM Phoenix Open https://www.intersindicalrtvv.com/jon-rahm-shares-bond-with-shriners-patient-at-wm-phoenix-open/ Wed, 09 Feb 2022 20:58:08 +0000 https://www.intersindicalrtvv.com/jon-rahm-shares-bond-with-shriners-patient-at-wm-phoenix-open/

Wide eyes ? Phoenix had never flown before flying to Arizona to meet Rahm, and on his maiden voyage they encountered pockets of turbulence. Perhaps that’s fitting, as the journey to the sunny, surreal TPC of Scottsdale required the family’s full reservoir of faith.

Phoenix’s mother, Chariti, was trying to catch up on parenthood and was 18 weeks pregnant when she and Phoenix’s father, Shane, learned their son would be born with club feet. “I was devastated of course,” she says, “and there was no way of knowing how bad clubfeet was until we saw it with our own eyes. I wondered, I was stressed and lost sleep over it.

Then everything changed. Phoenix was born with bleeding brains and a virus attacking his lungs. His color was off, he wasn’t breathing on his own, and suddenly his club feet were less of a concern. Doctors intubated him and began a series of tests as his life hung in the balance.

“Those first days were exhausting,” says Chariti. “We were scared and tired and we didn’t know what the future held for our family, which is the scariest thing of all, the unknown.”

Leaving her new baby in the hospital, she adds, was “beyond difficult”. At some point, he raised his hand and deintubated, and doctors realized he was breathing on his own. Meanwhile, the body was reabsorbing the bleeding from his brain. He was stabilizing.

“There was a lot of prayer for this baby,” says Chariti, “but all we could do was leave it in God’s hands. Fortunately, the prayers worked and he returned two weeks later. He had a long way to go, but he improved faster than the doctors thought.

The next medical hurdle: what to do with your feet.

The late Ignacio Ponseti, from the island of Menorca, Spain, was as famous in his field, the treatment of clubfoot, as Rahm, from Barrika, on the other side of the country, is in his. Traditionally, treatment for clubfoot involved invasive surgery; that was what was available to Rahm.

“I’m tired of hearing that the reason I have a short swing is because I have tight hips or other things,” Rahm said at The Open Championship last July. He went on to explain that he was born with a clubfoot on his right leg, his foot, “turned 90 degrees inward and basically upside down.”

He continued: “They basically moved out, broke pretty much every bone in my ankle and I was cast within 20 minutes of my knee being born. I think every week I had to go back to the hospital to get a cast again, so from knee to leg, my leg didn’t grow at the same rate. I have very limited ankle mobility in my right leg. It’s a centimeter and a half shorter.

Lacking stability in his right leg, Rahm knew bringing the club back to parallel was going to be impossible. He was going to have to learn how to create power and consistency with a short backswing.

Perhaps the old method lingered longer than it should have. Ponseti, a Spanish Civil War doctor before fleeing the Franco regime and building his career at the University of Iowa, found that scar tissue led to long-term tightness and pain in his foot and ankle. peg. By avoiding big surgery and instead manipulating babies’ bendable foot and ankle bones – a process he likened to playing the piano – followed by a cast, the results improved.

No one took it seriously, but what ultimately made the difference was the internet, so when a few pioneering patients saw the benefits of the Ponseti Method for themselves, around the year 2000, the news spread quickly. Other doctors have also begun to notice this.

One of them was Dr. Kristen Carroll, a rising star from Salt Lake.

“Our Superhero”

From pandemic to endemic: COVID-19 and the economy https://www.intersindicalrtvv.com/from-pandemic-to-endemic-covid-19-and-the-economy/ Wed, 09 Feb 2022 11:22:38 +0000 https://www.intersindicalrtvv.com/from-pandemic-to-endemic-covid-19-and-the-economy/

The novel coronavirus has created unprecedented challenges that were unpredictable two years ago. The University of Denver Newsroom spoke with faculty experts about issues arising or exacerbated due to the pandemic. Yeo Hyub Yoon is an Assistant Professor in the Department of Economics at the College of Arts, Humanities and Social Sciences. He shares his thoughts on the economic impact of COVID-19 in this interview with the DU Newsroom.

Now that we are two years into the pandemic, what could be the long-term disruptions to the global economy?

Looking at empirical trends over the past two years of the pandemic, recent studies have generally found that the impacts of COVID-19 have been wildly unequal across different industrial sectors, workers, and families. While high-tech companies, financial institutions and high-income people have mainly benefited from the pandemic, either through accelerated automation or the asset market boom, those most vulnerable in terms of income, health and social/biological status have been hard hit by illness, unemployment, loss of income and other societal shocks. In the macroeconomic dimension, exacerbated inequalities will worsen the structure of the economy on the demand side. In addition, hard-hit sectors of the economy are likely to impact the rest of the economy, making a full economic recovery impossible.

The other major disruption to the global economy is financial market instability. This problem is rooted in the socially harmful rent-seeking behaviors of global financial investors. Harnessing the desperate commitment of governments and central banks to economic recovery and betting on the belief that central banks will support private financial markets, especially during the global health crisis, financial investors, tech companies and the highest-income families increasingly took financial risks in investing, which in turn eventually shaped another extreme madness in the history of asset bubbles. Many experts predict that there will be financial panics and debt restructuring crises in national and global economies, but we do not know if they will be orderly or not.

We haven’t had a pandemic of this magnitude in 100 years. Were there any surprises in how economies responded to COVID-19?

I think that the novelty of the COVID-19 crisis compared to past health crises lies in an epistemological issue on which economic actions are based. While every crisis involves a degree of uncertainty that hurts household consumption and business investment, the current COVID-19 has been a case of fundamental uncertainty about its nature and the future course of its impact. . A convention in dealing with future events is to assume that tomorrow would be similar to today, and by doing so we were able to avoid panic.

At the start of 2020, when we saw that many key aspects of disease spread, such as speed of transmission, death rates and widespread asymptotic cases of infection, are radically different from past endemics, it is became clear that the only rational response to curb its spread was an economy-wide lockdown. As some commentators have said, I also think this was a crucial political decision in the sense that the global political community decided to prioritize the protection of life and health over short-term profit. term of the markets. Additionally, the implementation of social distancing and people’s heightened fear of contact-based services have created new opportunities for some business ventures, such as Amazon and Zoom. They could easily exploit the current health crisis by multiplying new online services and delivery services. Apparently, the pandemic has widened the threat of automation, negatively affecting high-contact service workers and low-skilled jobs. All of these changes are likely to worsen income inequality for some time.

Are there any economies that have become stronger and more resilient since the pandemic?

Over the past four decades, people have failed to pay enough attention to the importance of public health care, and continued budget cuts have been made to the most essential social protection programs in most parts of the world. . The combined effect of these, coupled with worsening economic/social inequalities, has made people more vulnerable to a virus and a pandemic.

However, around the world, there are still substantial differences in how this COVID-19 crisis has been handled with respect to the success of countries in ensuring the health of their population and promoting socially beneficial behaviors. As examples of successful countries, New Zealand, Taiwan and South Korea have done an excellent job of containing the virus while minimizing economic losses during the pandemic. These are the countries where there is a universal national health system; where an already established public health emergency system has learned from past epidemics; in which citizens know how their behaviors could affect the life and liberty of others; where citizens’ confidence in science and their government is high; and in which there is a well-functioning social provisioning system for confined people.

COVID-19 may be here to stay in one form or another. How could economies prepare for future disruptions?

Taken as a whole, the events unfolding in the pandemic have manifested a complete failure, especially in addressing the public health crisis, of current global neoliberal capitalism in most global economies. Extending the main criteria of a successful economic system to resilience, sustainability and equitable growth suggests possibilities and the need for alternative ideas of value in our society. In this sense, I think we should envision a post-pandemic economy by valuing social provisioning, public health, and multidimensional social/biological equities.

In the economics profession, our COVID-19 experience has amplified our awareness that the neoclassical economics framework that has dominated our economic thinking for a century, rooted in individual utility/profit maximization, is socially dangerous to learn by young students. Note that the dominance of neoclassical economics and neoliberal capitalism did not emerge from a vacuum, but rather was achieved through continued and intentional class actions by financial rentiers, big business, and conservative politics and government. academia. As a college-level economics teacher, I believe that high school and university-level economics training is essential to shaping the worldview of the next generation. The post-pandemic world demands that many of us step in to reform economic education by addressing the financial, ecological and social crises we currently face; and with a methodological framework integrating interdependence, cooperation and conflict in economic analysis.

Here are the Green Bay Packers’ offseason depth charts without free agents https://www.intersindicalrtvv.com/here-are-the-green-bay-packers-offseason-depth-charts-without-free-agents/ Thu, 27 Jan 2022 01:30:19 +0000 https://www.intersindicalrtvv.com/here-are-the-green-bay-packers-offseason-depth-charts-without-free-agents/

GREEN BAY, Wis. — With top players heading into free agency and a $50 million hole in the salary cap, the Green Bay Packers present themselves as a very, very different team when they hit the grass for team activities organized in May. .

How different?

Six players who started Saturday night’s playoff loss to the 49ers, including All-Pro receiver Davante Adams and All-Pro linebacker De’Vondre Campbell, are set to become unrestricted free agents. This list does not include potential cap-saving cuts, like wide receiver Randall Cobb, or restricted free agents, like wide receiver Allen Lazard.