Defying the virus
March 12, 2021Yet individuals and companies soldier on, trying as best they can to defy the virus.
Starting over in the crisis
Stefan Hienzsch's cleaning company folded in Germany's first lockdown. Luckily, he had other skills he could call on to grow another business. He's one of the lucky ones.
Entrepreneurs angry about government aid
Sarna Röser heads Germany's Association of Young Entrepreneurs. She says government aid to companies has been slow to arrive and poorly organized. The association calls on the government to set out an exit strategy from current pandemic restrictions.
Economic orthodoxy and the pandemic
A key myth of capitalism is that free markets and small government are the keys to prosperity and progress. In the pandemic, businesses are collapsing and governments taking center stage. Is political economy in need of a major overhaul?
The virus is deepening the digital divide
The divide has to do with access to technology, skills and jobs. It exists within and between countries. The pandemic has hastened a shift to the digital economy. 40% of the world's population are still offline. Many risk further marginalization.
Benidorm without tourists
Spain may be emerging from a third wave of the pandemic, but its tourism industry remains in a deep crisis. Hotels and restaurants are closed or empty. Benidorm, the epicenter of mass tourism on the Costa Brava, is eerily quiet.
Opening a new hotel during the pandemic
The pandemic has shuttered hotels and restaurants around the world. But even in the midst of this massive public-health and economic crisis, a few bold individuals have opened new ones, in a remarkable vote of confidence in a happier future.
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