Recent Posts

IMF’s rosy outlook contains caveat for global investors

The International Monetary Fund (IMF) said it expects the global economy to expand 3.9 percent this year and next, a forecast that is unchanged from January estimates. That’s the good news for markets. The bad news is that there was something much more important in the IMF report this quarter: caveats about risks related to protectionism and global conflict. Given ...

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Don’t blame Airbnb for rising rents in big cities

I recently returned from a trip to Japan. I’ve been going there for many years, so I can confirm that traveling in that country — especially for longer periods of time — is infinitely easier than it was just a decade ago. One of the main reasons is Airbnb. Ten years ago, lodging in Japan was limited to overpriced hotels ...

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Countries need to get people to eat healthy

The food that people eat has become a major risk factor for disability and death worldwide. Yet countries and their philanthropic supporters seem not to be paying attention. They’re investing far too little in improving diets and preventing nutrition-related disease. The problem is part of a larger trend in human mortality. Until recently, in many low- and middle-income countries, malaria, ...

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