Category: Current Events

NYTimes: Local Officials in China Hid Coronavirus Dangers From Beijing, U.S. Agencies Find

NYTimes: Local Officials in China Hid Coronavirus Dangers From Beijing, U.S. Agencies Find

US intelligence concensus adds more nuance of China’s role in the Covid19 outbreak. Far from being a top down Beijing controlled conspiracy of silence, it was in fact local officials shielding information from Beijing Local Officials in China Hid Coronavirus Dangers From Beijing, U.S. Agencies Find https://nyti.ms/2EbxVnr

School closures force parents to choose between family and work

School closures force parents to choose between family and work

Article neatly highlights the double poverty  burden of Covid rules – poor working women who don’t can’t afford to hire childcare providers and children who disproportionately suffer from home schooling. The evidence shows that opening schools presenta relatively low risk. But when the voiceless disproportionately suffer who will listen? Boris Johnson telling the employer to …

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Coronavirus is also a threat to democratic constitutions

Coronavirus is also a threat to democratic constitutions

Coronavirus is also a threat to democratic constitutions – Not mentioned in this article is the power conferred on the state via financial bailouts. Governments around the world now control more and more of the financial machinery. Will this asphixiate the state or empower the state? https://giftarticle.ft.com/giftarticle/actions/redeem/59c2b45d-8239-4d3c-8af3-add70469b2c5 via @FT

Beware the private equity echo chamber

Beware the private equity echo chamber

This article raises 3 key issues related to private equity – 1) when there is a failed IPO do the PEs mark down the private valuation on the assumption that failed IPO implies that private value is too high?, 2) what is the process to ensure private sales and/or swaps are properly valued and arm’s …

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