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DOUBLE DATE: The Arab Spring kicked off 10 years ago this week. The United Arab Emirates space agency, chaired by 34-year-old
Sarah Al Amiri, achieved Mars orbit with its Hope mission Tuesday.
The incoming chief of the World Trade Organization has a reputation for shaking up the guardians of wealth and power that will come in handy in her new role.
During Ngozi Okonjo-Iweala’s effort to root out corruption during her first stint as Nigeria’s finance minister, opponents of her plans nicknamed her “Okonjo Wahala” “Okonjo the trouble maker.”
The 66-year-old development economist embraces the moniker and true to form, trouble was what Okonjo-Iweala withstood campaigning for the WTO job. Finding herself on the wrong side of the Trump administration, her lack of trade-negotiating experience made her the target of a unilateral U.S. veto despite the endorsement of the organization’s selection committee and almost all other member nations.
We are used to thinking about the remit of central banks as focusing narrowly on price stability, or at most as targeting inflation while ensuring the smooth operation of the payment system. But with the global financial crisis of 2008 and now Covid-19, we have seen central banks intervening to.