As societies around the world focus on containing the spread of the novel coronavirus, millions of people in Southeast Asia have another worry on their minds: How to put food on their table amid a devastating drought. In Thailand, historically low levels of rainfall since last summer have taken a heavy toll on the agriculture sector, which employs 11 million people. Inland fishing communities across the region are reporting drastically smaller catches. And in Vietnam, a state of emergency was declared earlier this month in five provinces in the southern Mekong Delta, which produces more than half of the country’s […]
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Saudi Arabia’s decision to launch a price war in oil markets earlier this month could not have been more poorly timed, coming amid plummeting global demand for oil due to the COVID-19 pandemic. The Saudi announcement sunk oil prices to an 18-year low, near $20 per barrel, after five years at more than double that price, putting further downward pressure on already troubled financial markets. Saudi Arabia had gambled that by flooding the market and pushing down prices, it could punish Russia for refusing to cut its output, while recouping market share that had been ceded to U.S. shale oil […]
Tensions have simmered for decades between Brazil, which believes the Amazon rainforest is a sovereign resource, and wealthy developed countries concerned with protecting one of the world’s most important carbon sinks. But it wasn’t until last summer that, amid growing international concern over climate change, deforestation in the Amazon provoked a high-level diplomatic spat. As fires raged in the Amazon, most of them set by farmers and ranchers to clear land, French President Emmanuel Macron proclaimed the issue was an international crisis and said he would put it on the agenda of the G-7 summit in Biarritz. German Chancellor Angela […]
There is no drug or vaccine against COVID-19, and it will be at least 12 to 18 months before those remedies could be available. Face masks are next to impossible to find for most consumers, even as public health officials caution that they are not terribly effective against this coronavirus. There is a shortage of ventilators, and President Donald Trump has told America’s governors that they should not rely on the federal government to provide them—even though they are the most effective tool for treating hospitalized COVID-19 patients. In addition to the political, economic and social impacts of the coronavirus […]
Editor’s note: The following article is one of 30 that we’ve selected from our archives to celebrate World Politics Review’s 15th anniversary. You can find the full collection here. In just a few months, the tightly connected systems of a globalized world have transformed the novel coronavirus from a handful of cases in China to a global pandemic. But we have yet to see an international response that matches the scale of the threat. The contrast with the 2008 financial crisis and subsequent economic crash is stark. Then, governments vastly upgraded the G-20 from a somewhat obscure forum of finance ministers […]
With the global economy already teetering as the result of the coronavirus outbreak that is now officially a pandemic, Saudi Arabia’s young and powerful crown prince, Mohammed bin Salman, has risked pushing the world into recession by firing a shot directly into the oil markets. It was a trademark move by the prince, known as MBS, who has shown he can be brazen and ruthless—and occasionally self-destructive—when he’s determined to get his way. On Sunday night, MBS announced that Saudi Arabia would sharply increase its oil output despite a steep decline in global demand. It was precisely the opposite of […]