From the Fed’s war-shadowed interest rate calculus to melting Antarctic ice, this week’s headlines reveal a world grappling with overlapping crises. The Middle East conflict is rewriting economic forecasts in real time, while breakthroughs in medicine and milestones in sport remind us that progress and human achievement persist even amid turmoil. The question policymakers — and the rest of us — face is whether the institutions meant to manage these crises can keep pace with their accelerating complexity.
