Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 32 n° 335

The pandemic has shown that Amazon is essential—but vulnerable

Posted by fidest press agency su lunedì, 22 giugno 2020

We have three covers this week. In our Americas edition we report on the founder of Amazon, Jeff Bezos. He is perhaps the 21st century’s most important tycoon: a muscle-ripped divorcé who finances space missions and newspapers for fun, and who receives adulation from Warren Buffett and abuse from Donald Trump. Amazon is no longer just a bookseller but a digital conglomerate worth $1.3trn that consumers love, politicians love to hate, and investors and rivals have learned never to bet against. The pandemic has fuelled a digital surge that shows how important Amazon is to ordinary life in America and Europe, because of its crucial role in e-commerce, logistics and cloud computing. Superficially it could not be a better time for Amazon, but the world’s fourth-most-valuable firm faces problems: a fraying social contract, financial bloating and re-energised competition.In our UK edition we analyse why Britain has come to have the highest overall death rate of any country in the rich world. Britain was always going to struggle with covid-19. London is an international hub, Britons are fatter than their fellow Europeans and the United Kingdom has a high share of ethnic-minority people, who are especially vulnerable to the disease. Yet the government played a bad hand badly. It has been slow to increase testing, launch a contact-tracing app, stop visits to care homes, ban big public events, provide health workers with personal protective equipment, and require people to wear face coverings on public transport. The painful conclusion is that Britain has the wrong government for a pandemic.
In our other editions we look at the state of the world, 75 years after the creation of the United Nations. The UN is struggling, as are many of the structures, like the World Trade Organisation and the Nuclear Non-Proliferation Treaty, designed to help create order out of chaos. The system is beset by internal problems, by the global struggle to cope with the rise of China and most of all by the neglect—antipathy even—of the country that was its chief architect and sponsor, the United States. The threat to the global order weighs on everyone, including America. But if the United States pulls back, then everyone must step forward. If they do not, the world risks a great unravelling, much like the nightmare in the 1920s and 1930s that first impelled the Allies to construct a global order. (by Zanny Minton Beddoes, Editor-In-Chief font: Yhe Economist)


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