October 14, 2020/IMFBlog By Vitor Gaspar, Paulo Medas, John Ralyea, and Elif Ture The COVID-19 crisis has devastated people’s lives, jobs, and businesses. Governments have taken forceful measures to cushion the blow, totaling a staggering $12 trillion globally. These lifelines have saved lives and livelihoods. But they are costly and, together […]
OPINION/EDITORIAL
A Bridge to Economic Recovery: Be Aware of Financial Stability Risks
October 13, 2020/IMFBlog By Tobias Adrian Despite a global economic crisis comparable only to the Great Depression, near-term financial stability risks have been contained with the help of unprecedented monetary policy easing and massive fiscal support across the globe. But many economies had pre-existing vulnerabilities—which are now intensifying, representing potential […]
Oil Holds Its Breath As Presidential Election Approaches
October 13, 2020/OilPrice.com Chart of the Week – Oil production outages have increased in 2020, cutting into global supply. – In 2020, oil disruptions have averaged 4.6 mb/d, reaching 5.2 mb/d at its deepest point in June. Outages averaged 3.1 mb/d in 2019. – Much of the increase in […]
