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Transcripts For BBCNEWS HARDtalk



the individual, the community and the state. but what happens when that contract is threatened by forces beyond the control of any national government say, a climate crisis or, right now, a global pandemic? my guest is baroness minouche shafik, director of london school of economics, former top official at the world bank. is humanity capable of collective action to meet global challenges? baroness minouche shafik, welcome to hardtalk. thank you very much. lovely to be here. it s a pleasure to have you on the show. you have written extensively, through a long career as a top economist, about the relationship between the individual and the collective whether it be the community, the nation state or, indeed, the wider world. what do you think the covid pandemic has revealed to us about the limitations of, for example, the nation state? well, i think the covid pandemic has revealed fault lines in our social contract. and that was revealed by who suffered the most the ....

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Transcripts For BBCNEWS HARDtalk



welcome to hardtalk. i m stephen sackur. the idea of a social contract is a staple of political philosophy. put crudely, it s the ties and obligations that bind the individual, the community and the state. but what happens when that contract is threatened by forces beyond the control of any national government say, a climate crisis or, right now, a global pandemic? my guest is baroness minouche shafik, the director of london school of economics, former top official at the world bank. is humanity capable of collective action to meet global challenges? baroness minouche shafik, welcome to hardtalk. thank you very much. lovely to be here. it s a pleasure to have you on the show. you have written extensively, through a long career as a top economist, about the relationship between the individual and the collective whether it be the community, the nation state or, indeed, the wider world. what do you think the covid pandemic has revealed to us about the limitations of, f ....

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Animal-To-Human Diseases Could Kill 12 Times More People By 2050

Most modern epidemics have been caused by pathogens that spread from animals to humans. These zoonotic diseases are predicted to increase as climate change worsens. ....

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Reserves to cushion impact from spillovers | The Manila Times

AMPLE gross international reserves (GIR) are needed to cushion the impact of an expected global slowdown, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said on Monday. These reserves provide a cushion against negative global spillovers, Remolona said at an economic briefing in Laoag, Ilocos Norte. Our foreign reserves have hovered around $100 billion, and we expect it to remain at roughly the same level in the coming year, he added.The country s gross international reserves stood at $99.7 billion in July, based on the latest BSP data, slightly higher than the $99.4 billion a month earlier.These consist of foreign investments, gold, foreign exchange, a reserve position in the International Monetary Fund and special drawing rights.GIR hit a high of $110.12 billion in 2020 but fell to as low as $95.1 billion in late 2022 as the central bank moved to defend the peso, which had fallen to a record low of P59 against the dollar amid aggressive monetary tightening by the US Federal ....

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