October 9, 2020/OilPrice.com Oil prices are on course to climb 10 percent this week as Hurricane Delta shuts in over 90 percent of production in the Gulf of Mexico, leading some analysts to claim prices are set for a breakout. Friday, October 9th, 2020 Oil prices have posted strong gains […]
OPINION/EDITORIAL
COVID’s Impact in Real Time: Finding Balance Amid the Crisis
October 8, 2020/IMFBlog By Francesco Grigoli and Damiano Sandri One enduring lesson from the COVID-19 pandemic is that any lasting economic recovery will depend on resolving the health crisis. Our research in the latest World Economic Outlook shows that government lockdowns—while succeeding in their intended goal of lowering infections—contributed considerably […]
The Paradox of Thrift and the Drag on the Nigerian Economy
Culled—Proshare October 8, 2020 By FDC Ltd The savings rate in an economy is theoretically a function of households’ disposable income, which is the income level of individuals and households after the payment of taxes. Nigeria’s national savings rate was last estimated at 19.25% in 2018, 3.4% above the 15.85% […]
