June 29, 2020/United Capital Report Executive Summary Global Economy in 2020: Up in the Air In January 2020, we estimated that better trade terms between the US and China, improved clarity on the UK-EU economic ties, as well as an accommodative monetary policy stance by central banks across the world […]
OPINION/EDITORIAL
Oil Prices Fall Back Below $40 On New COVID Fears
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 […]
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 […]