The long-standing economic consensus that interest rates would remain low indefinitely, making debt cost-free, is no longer tenable. Even if inflation declines, soaring debt levels, deglobalization, and populist pressures will keep rates higher for the next decade than they were in the decade following the 2008 financial crisis.
thinks that policymakers and economists must reassess their beliefs in light of current market realities.
Since the 1990s, Western companies have invested a fortune in the Chinese economy, and tens of thousands of Chinese students have studied in US and European universities or worked in Western companies. None of this made China more democratic, and now it is heading toward an economic showdown with the US.
argue that the strategy of economic engagement has failed to mitigate the Chinese regime’s behavior.
阿姆斯特丹—沙特著名记者、沙特政府的批评者、一直生活在自我放逐中的贾马尔·卡舒吉(Jamal Khashoggi)在沙特驻伊斯坦布尔领事馆被拷打、杀害和肢解已经过去了八个多月。沙特对于卡舒吉案的真相遮遮掩掩,而土耳其进行了调查。不出意外,并没有查出什么东西。
土耳其绝不是言论自由的可信支持者:2018年,土耳其有80多位记者因为工作被判长期徒刑或罚款。但即使土耳其政府对卡舒吉被杀的愤慨出于外交目的而放大,其司法系统仍有采取调查的国际义务。
相反,沙特阿拉伯则完全蔑视这方面的义务。在国际压力之下,沙特王国为11名嫌犯进行了听证。但据联合国法外处决、即决处决或任意处决问题特别报告员艾格尼斯·卡拉马尔德(Agnes Callamard),这些秘密进行的闭门听证更多地是为了保留颜面,而不是确保正义。
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