April 7, 2021/IMFBlog By Vitor Gaspar, W. Raphael Lam, Paolo Mauro, and Mehdi Raissi The race to vaccinate against COVID-19 continues, but the pace of inoculation varies widely across countries, with access unavailable to many. Global cooperation must be stepped up to produce and distribute vaccines to all countries at […]
OPINION/EDITORIAL
Oil Prices Climb Despite Demand Fears
April 6, 2021/OilPrice.com Chart of the Week – U.S. energy consumption declined by 93 quadrillion BTUs in 2020, a 7% decline from the year before. That is the largest annual decline since EIA data collection began back in 1949. – By comparison, U.S. energy consumption declined by 5% from the […]
An Asynchronous and Divergent Recovery May Put Financial Stability at Risk
April 6, 2021/IMFBlog By Tobias Adrian After enduring a tumultuous 2020, the global economy is finally emerging from the worst phases of the COVID-19 pandemic, albeit with prospects diverging starkly across regions and countries—and only after a “lost year” spent in suspended animation. The economic trauma would have been much […]
