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Perez expects to learn on job in Australia

Sergio Perez says Force India will be learning on the job at the Australian Grand Prix but feels confident the team knows the areas it needs to improve on the VJM08




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Force India: Biggest steps will come in Europe

Force India does not expect to make its biggest development strides until the European season as it continues to recover from its late start to 2015




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Emerging Issues in Economic Diplomacy

The nine issue papers contained in this report were proposed and written by graduate students at the Belfer Center for Science and International Affairs at Harvard Kennedy School. They present fact-based, nonpartisan analysis to help focus the next Administration on the key policy debates that must be resolved. And, they aim to create a platform for our students to engage with the most pressing policy issues of the day as they continue their careers in public service.




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The Future of Europe is Being Decided Now

Given the ravages of the coronavirus crisis, the future of Europe cannot be one of permanent division between its northern and southern states.




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Why the Coronavirus Is Making U.S.-China Relations Worse

Joseph Nye writes that Trump's strategy of great power competition and trade wars is inadequate because the information revolution and globalization are changing world politics. Even if the United States prevails over China as a military power,  the country cannot protect its security by acting alone.




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The United States Can Still Win the Coronavirus Pandemic

The Trump administration has made one mistake after another—and, with some foreign-policy changes, could emerge with more global power anyway. Stephen Walt details those recommended foreign policy changes.




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The Twin Crises and the Prospects for Political Sectarianism in Lebanon

LCPS solicited the opinion of key experts to answer one question: “Will the financial crisis, exacerbated further by COVID-19, strengthen or loosen the power of Lebanon’s governing political parties?” 




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Oil Markets Provide a Glimpse of the Post-Pandemic Future

Henry Kissinger warns that many existing domestic and international institutions that have helped govern the past decades will not survive the Covid-19 crisis. He is surely correct.




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Harvard Business School Professor Rebecca Henderson Outlines Ways Organizations are Changing in Response to the Coronavirus Pandemic and Climate Change in New Edition of "Environmental Insights"

Rebecca Henderson, the John and Natty McArthur University Professor at Harvard University, shared her perspectives on how large organizations are changing in response to the coronavirus pandemic and climate change in the newest episode of "Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program," a podcast produced by the Harvard Environmental Economics Program. Listen to the interview here. Listen to the interview here.




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Organizational Responses to COVID-19 and Climate Change: A Conversation with Rebecca Henderson

Rebecca Henderson, the John and Natty McArthur University Professor at Harvard University, shared her perspectives on how large organizations are changing in response to the coronavirus pandemic and climate change in the newest episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program.”




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National Governments Have Gone Big. The IMF and World Bank Need to Do the Same.

While social distancing is the West’s route to suppression of the virus, the developing world’s crowded cities and often overcrowded slums make isolation difficult. Advice on hand-washing means little where there is no access to running water. Without a basic social safety net, choices are narrowed and stark: Go to work and risk disease, or stay home and starve with your family.




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No, the Coronavirus Will Not Change the Global Order

Joseph Nye advises skepticism toward claims that the pandemic changes everything. China won't benefit, and the United States will remain preeminent.




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What Policymakers Should Ask Modelers

With decision-makers relying on a growing torrent of forecasts regarding COVID-19 and other important issues, it is more important than ever that they ask questions about how the projections were made. To use predictive tools more effectively, policymakers should ask four questions in particular.




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Carmen Reinhart Says Argentina’s Debt Workout Won’t Be Its Last

Argentina’s latest effort to restructure its overseas debt probably won’t be its last, according to Harvard University economist Carmen Reinhart, who has sounded alarms over coming emerging markets crises in Venezuela and Turkey.




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Why Bernie Sanders Will Win in 2020, No Matter Who Gets Elected

Stephen Walt writes that even though Bernie Sanders is out of the presidential race, the time has come for many of the policies that he promoted: Universal Healthcare; Democratic Socialism; Income Redistribution; and Foreign Policy.




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Graham Allison on An Intelligent Way to Reopen

We can reopen in an intelligent way while going further to protect the most vulnerable, says 
Graham Allison.
 




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Oil's Collapse Is a Geopolitical Reset In Disguise

The world is on the cusp of a geopolitical reset. The global pandemic could well undermine international institutions, reinforce nationalism and spur de-globalization. But far-sighted leadership could also rekindle cooperation, glimmers of which appeared in the G-20’s offer of debt relief for some of the world’s poorest countries, a joint plea from more than 200 former national leaders for a more coordinated pandemic response and an unprecedented multinational pact to arrest the crash in oil markets.  




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Romney's Reckless China Rhetoric Risks New Cold War

Rachel Esplin Odell argues for a wiser and more conservative strategy that resists the temptation to exaggerate the challenge posed by China.




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History Warns Us to Avoid a W-shaped Recession

“Those who do not study history are condemned to repeat it.”  And the rest of us are condemned to repeat George Santayana.

Will the Coronavirus Recession of 2020 be V-shaped?  Or U-shaped?  If we fail to heed the lessons of history it is likely to be W-shaped, with incipient recovery followed by successive relapses into sickness and recession.

As has been widely noted, we would have been better prepared to cope with the Covid-19 pandemic in the first place if everyone had paid more attention to the past history of epidemics. Be that as it may, the world is now deep into the pandemic and its economic consequences, the most severe such events since the interwar period, 1918-1939.  As decision-makers in every country contemplate their next steps, they would do well to ponder the precedents of that interwar period.




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How to Avoid a W-shaped Global Coronavirus Recession

“Those who cannot remember the past are condemned to repeat it,” George Santayana famously quipped in 1905. It is a phrase that has been repeated for over a century, but rarely heeded. As Covid-19 decimates the global economy, our understanding of history could be the difference between a V- or U-shaped recession and a W-shaped one, in which incipient recovery is followed by successive relapses.

As recently as March, V-shaped recoveries in individual economies seemed plausible. Once infections and deaths had peaked and begun to decline, the logic went, people would eagerly return to work. The economic activity might even get an extra boost, as consumers released pent-up demand.




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The United States Forgot Its Strategy for Winning Cold Wars

Stephen Walt writes that arguments against U.S. offshore balancing misunderstand history. The strategy that worked against the Soviet Union can work against China.




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We were lucky to make Q3 - Alonso

Fernando Alonso said he extracted the maximum from his Ferrari to take pole position for the Singapore Grand Prix, but admitted he nearly missed out on Q3 altogether due to an engine issue




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Heidfeld unhappy on return to action

Nick Heidfeld's return to Formula One action did not go as well as he hoped




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'We had a decent chance of pole' - Hamilton

Lewis Hamilton believes he could have taken pole position at the Singapore Grand Prix with a bit more luck in Q3 and is now targeting a win on Sunday




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Button looking to capitalise on slow Red Bull starts

Jenson Button is looking to capitalise on Red Bull's slow starts to move through the field at the start of the Singapore Grand Prix and fight for a podium




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Massa to take new engine without penalty

Felipe Massa will use a brand new engine at the Singapore Grand Prix, in the knowledge that a 10-place penalty will have no effect on him as he will start from the back of the grid




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Organisers defend turn 10 chicane

Organisers of the Singapore grand prix have defended the safety standards of the Marina Bay street circuit




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Driver reaction after the Singapore Grand Prix

Read what the drivers and key team members had to say after the Singapore Grand Prix




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Alonso victory spices up title race

Fernando Alonso completed an impressive start-to-finish victory at the Singapore Grand Prix




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It would have been too risky to pass Alonso - Vettel

Sebastian Vettel has said it would have been too risky to attempt an overtaking manoeuvre on Fernando Alonso to take the lead of the Singapore Grand Prix




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Hamilton says title still possible and reflects on accident

Lewis Hamilton is not writing off this year's championship despite notching up his second retirement in a row and dropping 20 points off Mark Webber at the Singapore Grand Prix




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Button pins title hopes on Suzuka upgrade

Jenson Button is pinning his championship hopes on an upgrade at the Japanese Grand Prix after he finished fourth in Singapore and fell further behind Mark Webber in the standings




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Cool Alonso never thought Vettel would pass

Fernando Alonso said he felt he had the Singapore Grand Prix under control as soon as he pitted for fresh tyres and came out ahead of rival Sebastian Vettel




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It wasn't safe to pit - Kovalainen

While the sight of Heikki Kovalainen grabbing a fire extinguisher and trying to put out a blaze on his Lotus provided one of the more spectacular images of the season, opinion was divided on the wisdom of his actions




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Schumacher admits 'not particularly happy' after Singapore GP

Another disappointing weekend from Michael Schumacher served only to spark another round of speculation over his future with Mercedes




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Sutil and Hulkenberg hit with 20-second penalty

Adrian Sutil was hit with a 20-second penalty for going round the outside of Turn 7 on the opening lap of the Singapore Grand Prix




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Singapore not committing beyond 2012

The Singaporean government has yet to decide whether it will extend its Formula One race contract beyond 2012




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Singapore a 'one-off' race - Klien

Christian Klien says his future at HRT is out of his hands but suspects his Singapore Grand Prix appearance was a "one-off"




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Toro Rosso mechanic fired for Singapore blunder

A mechanic has been reportedly dismissed by Toro Rosso following an incident before Sunday's Singapore Grand Prix




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Strategy did not cost me win - Hamilton

Lewis Hamilton doubts Mercedes could have beaten Ferrari's Sebastian Vettel even if it had matched the German driver's two-stop strategy in Malaysia




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Rosberg challenges Ferrari: 'Bring it on'

Nico Rosberg has challenged Ferrari to "bring it on" after Sebastian Vettel's victory in Malaysia




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Mixed feelings for Alonso after retirement with ERS issue

Fernando Alonso was left with "mixed feelings" following the Malaysian Grand Prix after he retired from his McLaren-Honda debut on the 21st lap with an ERS cooling problem




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Penalty points for Maldonado and Force India pair

Pastor Maldonado has been handed three penalty points to his super licence for exceeding the speed limit under the safety car at the Malaysian Grand Prix




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Allison explains Ferrari win and why a repeat will be tough

James Allison is not convinced Ferrari will be able to repeat its performance in Malaysia at the Chinese Grand Prix in two weeks




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Being lapped by Vettel hurts - Ricciardo

Daniel Ricciardo said being lapped by race winner and former team-mate Sebastian Vettel was "the icing on the cake" after another frustrating race for Red Bull in Malaysia




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Raikkonen lost downforce with puncture damage

Kimi Raikkonen's Ferrari lost downforce as a result of the puncture he suffered at the start of the Malaysian Grand Prix




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Malaysian Grand Prix extends race contract until 2018

The Malaysian Grand Prix will remain on the calendar for the next three years after the Sepang International Circuit agreed a new deal until 2018




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Who said what after the Malaysian GP

ESPN rounds up all the reaction from up and down the paddock after the Malaysian Grand Prix




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Vettel's victory a 'wake-up call' for Mercedes

Mercedes boss Toto Wolff says Sebastian Vettel's win for Ferrari in Malaysia has set alarm bells ringing for the reigning world champion




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Lauda: Vettel 'not boring anymore'

Three-time world champion Niki Lauda says Sebastian Vettel's victory in Malaysia was good for Formula One and the German driver's own image after the reputation he built between 2010 and 2013