As German Finance Minister Olaf Scholz put it, referring to Libra’s name change, "a wolf in sheep’s clothing is still a wolf.”
For Lionel Laurent's latest contributions to The Japan Times, see below:
French orders of the Pfizer vaccine run to about 45 million, which means around 22 million people can receive the two-shot course.
The country has highlighted the danger of thinking any government has found out how to beat the coronavirus.
A surge of 1,000% in 2017 took Bitcoin's value to $19,000. A year later, it had dropped to less than $3,500.
How to convince people to actually take the shot. Achieving herd immunity may mean at least 80% of people will need the vaccine.
Bitcoin won’t be viewed as an existential threat to the banking system just because its price is soaring. But it won’t be ignored either.
France is the land of what writer Pascal Bruckner calls "Bolshevism-lite,” where wealth is publicly hated but privately hoarded.
If ever there was a time to view health care as a benefit to society and the economy, rather than a drag on public finances, it’s now.
Nobody’s saying that Paris or Frankfurt will suddenly replace London. But we’re in a decentralizing phase where many centers can happily coexist.
While respect for mask-wearing and personal hygiene is broadly high, according to surveys of European countries, support for quarantine and self-isolation is wavering.