| Tomorrow's World

COVID-19 and Redeeming the Time



Every spring break, I take the time to work on a home-improvement project. This year, it was renovating my bathroom. Since I work for the school system, spring break is a great time to do these projects, because I don’t have to go to work and my kid spends the week at his grandmother’s house. However, something strange occurred that threw a wrench in that plan this year: COVID-19. With everything shutting down and the economy uncertain, we agreed that the expense of renovating our already-functional bathroom was a little frivolous and possibly irresponsible.

Chernobyl Nuclear Fallout



Decades after the worst nuclear disaster in history, the now-shuttered nuclear power plant in Chernobyl, Ukraine, is in the news again. Thirty-four years ago, the plant’s reactor number 4 melted down. Since that time, the surrounding radioactive towns have been almost vacant, and the site has become a tourist attraction. In the last few weeks, a major forest fire burned very close to the now closed but still hot nuclear reactor (BBC, April 13, 2020).

Will Coronavirus Reshape the Middle East?



Oil prices are plummeting, and for Middle Eastern nations that rely on oil revenues to support their economies, this is very bad news. Iraq’s 2020 budget assumes that oil’s average price for the year will be $56 (U.S. dollars) per barrel (The Spectator, April 4, 2020), yet oil has dropped to less than $20 per barrel (as of this writing) and continues to show weakness.

Coronavirus, Quarantine, and Depression



What strange and interesting times we’re living in. Many may even call them scary. I recently read that over 50 percent of the earth’s population is quarantined due to the coronavirus pandemic. Although “quarantine” means different things in different nations, the ultimate result is that we are spending more time by ourselves and spending less time with and around other people. And when we are around others, “social distancing” (remaining nearly two meters/six feet away) and wearing masks can make us feel even more isolated.

Coronavirus Bailout—Will It Work?



“Whatever it takes” is the now-famous comment of Mario Draghi when he was the European Central Bank chairman. He was addressing the European debt crisis of 2012—and his sentiment is now shared by many world leaders and national governments as they attempt to deal with the economic consequences of the coronavirus shutdown of national economies (The Economist, March 19, 2020).

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