Search “What is the UK safe withdrawal rate?” and the results are disappointing. Google’s AI response offers 4%, which as we’ll see is just plain wrong. Meanwhile it’s hard to get a straight answer from the humans amid all the financial content marketing. Indeed there’s plenty of sketchy chat about the 4% rule. It’s a … Read more
“Just stupid” On January 23, WHO Director-General Tedros Adhanom Ghebreyesus sent a memo to staff announcing the cost-cutting measures. Reuters obtained a copy of the memo. “This announcement has made our financial situation more acute,” Tedros wrote, referring to the US withdrawal plans. WHO’s budget mainly comes from dues and voluntary contributions from member states. … Read more
How will the outcome of the US presidential election affect the country’s future commitment to multilateralism? Tim Heinkelmann-Wild argues that US withdrawal from multilateral institutions predates Trump and might well continue under a Kamala Harris presidency. European leaders should therefore act now to build a more resilient multilateralism without the US. As the 2024 US … Read more
