June 26, 2020/OilPrice.com By Tom Kool The two-month oil rally has stalled, with WTI falling back to $38 per barrel. The resurgence of Covid-19 across the U.S. has halted the market’s positive momentum. Natural gas prices fell below $1.50/MMBtu this week, the lowest level since the 1990s. Oil prices have […]
OPINION/EDITORIAL
Outlook for Latin America and the Caribbean: An Intensifying Pandemic
June 26, 2020/IMFBlog By Alejandro Werner Latin America and the Caribbean have become the new COVID-19 global epicenter. The human cost has been tragic, with over 100,000 lives lost. The economic toll has also been steep. The World Economic Outlook Update now estimates the region to shrink by 9.4 percent […]
COVID-19 and Africa: Any economic lesson for Africa leaders?
June 26, 2020/United Capital Report Like in many continents, the outbreak of the novel Coronavirus is having a negative impact on African economies, changing the overall economic outlook for countries in the region from that of expansion (earlier expected at the beginning of the year) to a broad-based contraction/slowdown. However, we believe […]
