December 22, 2020/OilPrice.com       Chart of the Week   –    Demand for transportation fuels (gasoline, distillates, and jet fuel) was down 11% during the Thanksgiving holiday compared to the holiday week a year earlier. –    Jet fuel, however, was down by nearly half, or a decline of about […]

IMF Country Focus December 22, 2020/IMF By Nathaniel Arnold and Vina Nguyen IMF, European Department The COVID-19 pandemic is creating severe social and economic hardship in Europe. While the extraordinary policy measures and lockdowns dampened the impact of the pandemic’s first wave, a large second wave and new lockdowns are […]

December 22, 2020/IMFBlog By Atish Rex Ghosh As 2020 draws to a close, many of us cannot wait for this annus horribilis to end. And for good reason: this year has seen more than a million and a half COVID-19 deaths; an economic collapse far greater than that of the […]