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Neoliberalism is in retreat.

Views expressed in this geopolitical summary are those of the reporters and correspondents.

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Accessed on 29 April 2021, 1051 UTC, Post 1203.

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Neoliberalism is in retreat. Beware a new authoritarian capitalism | Laurie Macfarlane
The Covid crisis has ushered in a new era of state intervention. The question is: to whose benefit? Thirteen years after the financial crisis put the global economy on life support, neoliberal capitalism is facing an existential crisis. The Covid-19 pandemic has exposed the disastrous consequences of decades of privatisation, deregulation and outsourcing. In order to contain the economic fallout
Biden’s plans are ‘once in a lifetime’ chance to end global tax abuse, says OECD boss
Ángel Gurría says international deal is within striking distance and could be signed this summer ‘ An overhaul of the global tax system can wait no longer ’ President Joe Biden’s proposals to stop multinationals from shifting profits to tax havens are a “once in a lifetime” chance to end tax abuse, and could be signed within months, the head of the Organisation for Economic Co-operation and Devel
An overhaul of the global tax system can wait no longer
The Covid-ravaged global economy is at a crossroads: we can commit to greater tax cooperation or risk a tax-driven trade war Biden’s plans ‘once in a lifetime’ chance to end global tax abuse For almost a century, international tax was a byzantine and foreboding world into which few but the cognoscenti would dare to venture. It took the huge upheaval of the 2008 global financial crisis to change t

TODAY

America 'on the move again’ as Biden lays out sweeping agenda | First Thing
The president made his first address to Congress on the eve of reaching 100 days in office. Plus, three people were charged with federal hate crimes over Ahmaud Arbery’s killing Good morning. Joe Biden has made his first address to Congress , unveiling a sweeping $1.8tn package for families and education and pitching his “blue-collar blueprint” to rebuild America. Continue reading...
The next major US voting rights fight is here – and Republicans are ahead
After the latest census numbers, Republicans are well positioned to draw districts that will give them an advantage in their effort to reclaim the House in 2022 The next major fight over voting rights in the US kicked off Monday: a hugely consequential battle over the boundaries of electoral districts for the next 10 years that will have profound implications for American politics. And Republican
Hundreds report abnormal menstruation after being teargassed during Portland protests
More than 1,000 report cramping, increased bleeding and other health issues, challenging claims teargas has minor impact More than a thousand people reported lasting health effects after being exposed to teargas during protests in Portland, Oregon, last summer, according to a newly published scientific study. Nearly 900 people reported abnormal menstrual cycles, including intense cramping and inc
From dust bowl to California drought: a climate scientist on the lessons we still haven’t learned
Peter Gleick argues there’s an urgent need to reshape our relationship to water: ‘There is enormous untapped potential for conservation’ California is once again in a drought, just four years after the last dry spell decimated ecosystems, fueled megafires and left many rural communities without well water. Droughts are a natural part of the landscape in the American west, and the region has in ma
RB Leipzig confirm Jesse Marsch will replace Julian Nagelsmann next season
American to join from sister club Red Bull Salzburg Nagelsmann announced departure for Bayern this week RB Leipzig have confirmed Jesse Marsch as coach from next season, replacing Julian Nagelsmann who is joining Bayern Munich, after the American agreed a two-year deal. The 47-year-old, who was an assistant coach at Leipzig in 2018-19, will join from sister club Red Bull Salzburg, where he won th

YESTERDAY

Classic YouTube | Ali and Frazier’s studio scrap, Man Utd v Liverpool memories and Phil Tufnell
This week’s roundup also features NHL opportunism, a goalkeeper assist and three monstrous UFC finishes 1) Sixty years ago today, ABC’s Wide World of Sports debuted on American television. Here’s Evil Knievel’s first jump on the show, from March 1967; Arnold Schwarzenegger winning Mr World in 1970; a show from January 1974 featuring a row between Joe Frazier and Muhammad Ali (it’s all worth your
Josh Hawley rails at big tech firms but records show he has invested in them
Missouri senator accuses big tech of posing ‘gravest threat to American liberty’ since Gilded age in new book Senator Josh Hawley of Missouri accuses the US’s biggest tech companies of committing the “gravest threat to American liberty since the monopolies of the Gilded age” in his upcoming book . He rails that tech giants like Amazon, Google and Facebook “have become a techno-oligarchy with over
US split on vaccine passports as country aims for return to normalcy
Some lawmakers and businesses are in favor of vaccine verification, but civil liberties and privacy questions abound With summer around the corner, Americans are desperate for some sense of normalcy as the rollout of the Covid-19 vaccine continues. Some businesses and lawmakers believe they have a simple solution that will allow people to gather in larger numbers again: vaccine passports. But as
Heathrow cuts passenger forecasts as Covid-19 losses mount; BT in talks over Sports stake sale – business live
Rolling coverage of the latest economic and financial news BT: In talks with partners over Sport Heathrow lost £329m in Q1, with just 1.7m passengers Total pandemic losses are nearly £2.4bn Airport cuts passenger forecast to 13m-36m, down from 81m in 2019 Heathrow blames ‘continuing uncertainty over Government policy’ Restarting travel on 17 May will ‘kickstart recovery’ Worried about queues at t
Joe Biden’s speech to Congress: five key takeaways
The president introduced his $1.8tn plan to invest in America, funded by raising the capital gains rate for the wealthy As Biden took the podium , he brushed past a sparse, masked crowd. He fist-bumped and elbow-tapped lawmakers and members of his cabinet – greeting a crowd that was physically distanced, and ideologically divided. Continue reading...
Biden declares ‘America is on the move again’ in first congressional address – video
Joe Biden argued that 'America is on the move again' in his first address to Congress, on the eve of his 100th day in office. The president, flanked by two women – Vice-President Kamala Harris and House Speaker Nancy Pelosi – for the first time in US history, addressed the coronavirus pandemic, the 6 January assault on the Capitol, plans to raise the minimum wage, police reform, climate change an
GOP’s Tim Scott delivers a rebuttal to Biden’s speech with Trumpian talking points
The sole Black Republican in the US Senate began by denying racial inequality then spoke of the discrimination he had faced It is Donald Trump, not Democrats, who deserves credit for wresting the coronavirus pandemic under control, Tim Scott argued on Wednesday night as the Republican senator gave his party’s official response to Joe Biden’s first address to Congress. Scott, a South Carolinian se
Biden’s speech to Congress is a once unthinkable call for transformation | David Smith's sketch
Sketch: The president went big in an address that offered post-Trump healing and an image of a new era It has always been Washington’s version of the Oscars: a primetime TV audience, an overlong speech and fierce disagreement among critics. On Wednesday, Joe Biden’s first address to a joint session of Congress, on the eve of his first 100 days in office, followed the Academy Awards with a small,
Progressive Democrats praise Biden on Covid but call for bolder action
Congressman Jamaal Bowman urges president to do more on climate, inequality and ‘burning crisis of structural racism’ The progressive wing of the Democratic party praised Joe Biden for his handling of the Covid-19 crisis in a response to the president’s first address to Congress , but urged the president to be bolder in tackling the climate crisis and economic inequality, and to do more to addres
Biden delivers first major speech to Congress and hails historic moment for Harris: ‘It’s about time’ - live
State of the union style speech to tout his accomplishments Includes an appeal to working-class voters on economic recovery plans White House announces sweeping plan for childcare and pre-school 2.17am BST “I can say because of you – the American people – our progress these past 100 days against one of the worst pandemics in history has been one of the greatest logistical achievements this countr
‘Crisis into opportunity’: Biden lays out vision for sweeping change in speech to Congress
President pushes ambitious families and jobs plans, calling for a ‘blue-collar blueprint’ to rebuild America Joe Biden argued that “America is on the move again” and is turning “peril into possibility” in his first address to a joint session of Congress on Wednesday night, where he unveiled a sweeping $1.8tn package for families and education and pitched a “blue-collar blueprint” to re-build Amer
Ivy League college apologizes for using bones of Black children in course
Remains of one of the children killed in 1985 police bombing were used for research and teaching at University of Pennsylvania An Ivy League university which kept the bones of a Black child killed by police for use in its research and which were also later used as a “case study” in an online forensic anthropology course has apologized for its actions. The physical remains of one of the children w

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