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The Cold War is mainly history today with more people remembering the spies than the ideological warfare. But at its heart, it was an ideological battle, which makes comparisons with today’s tensions between China and the West natural. Read more
New Zealand’s border is its first line of defence against Covid-19. The gross failures exhibited this week cannot be repeated and require a complete reversal of the Government’s border procedures. Read more
Germany is leading the way with a debate on its constitution, the Basic Law. After seven decades in operation, politicians of all parties want to remove racist elements from it. Read more
If you try to make a balloon smaller by squeezing it, you should be careful. It tends not to work well. Read more
This week, Trade and Export Minister David Parker was exposed to one of the world’s worst ailments: trade protectionism. After nearly two years of negotiations, the EU leaked its agricultural “offer” to New Zealand to European media. Read more
In just a few months, Covid-19 travelled from China to more than 200 other countries, has now killed more than 330,000 people, forced organisations and individuals to embrace new practices such as remote working and plenty of tech shifts. The term “frequent flyer” will now be an anachronism and many think the pandemic spelled the death of market economies and globalisation. Read more
To understand the mindset of European elites, it is worth going back to the words of the founding godfather or European integration, Jean Monnet: “Europe will be forged in crises and will be the sum of the solutions adopted for those crises." Monnet’s spirit of integration was alive in last week’s proposal to create a €750 billion fund to deal with the fallout of the coronavirus crisis. It is a gutsy move which pushes European fiscal integration to a new level. Read more
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Singapore, South Korea and Taiwan deserve praise for fighting Covid-19. While Singapore and South Korea were hit with a second outbreak, their robust containment measures have kicked back in to stop rapid spread of the virus once more. Read more
It was in 1986 when Paul Keating, then Australia’s Treasurer, made a famous remark: “If this Government cannot get the adjustment, get manufacturing going again, and keep moderate wage outcomes and a sensible economic policy, then Australia is basically done for,” Keating warned on the John Laws radio programme. “We will just end up being a third-rate economy, a banana republic.” In hindsight, Keating might have exaggerated. Read more