September 30, 2020/IMFBlog By Niels-Jakob Hansen, Alessandro Lin, and Rui C. Mano Inequality in both advanced economies and emerging markets has been on the rise in recent decades. The COVID-19 pandemic has exacerbated and raised awareness of disparities between the rich and poor. Fiscal policies and structural reforms are long […]
OPINION/EDITORIAL
Oil Market Sentiment Suffers As COVID Uncertainty Grows
September 29, 2020/OilPrice.com Chart of the Week – Fuel ethanol production capacity in the U.S. hit 17.3 billion gallons per year (gal/y), or 1.1 million barrels per day (b/d), as of January 2020. Capacity was up 3 percent year-on-year in January. – 12 of the top 13 ethanol-producing states […]
Reluctance to Lend to State Governments
Culled—Proshare September 28, 2020 By FBNQuest Research The total indebtedness of state governments at end-June amounted to US$15.09bn, equivalent to 10.5% of GDP. (We have converted the larger, naira element at the fx rate at the I&E window.) The domestic/external mix was 72/28 at end-June. The external borrowing was […]
