June 24, 2020/IMFBlog By Gita Gopinath The COVID-19 pandemic pushed economies into a Great Lockdown, which helped contain the virus and save lives, but also triggered the worst recession since the Great Depression. Over 75 percent of countries are now reopening at the same time as the pandemic is intensifying […]
OPINION/EDITORIAL
A difficult fiscal position and low interest rates
June 23, 2020/Coronation Weekly The fiscal position of the Federal Government of Nigeria (FGN) is, not surprisingly, tight, as oil prices have crashed and economic growth has slowed down. As we describe on page 2, being able to re-finance debt cheaply is critical to the FGN. So, the fact that […]
Optimism Has Returned To Oil Markets
June 23, 2020/OilPrice.com – U.S. imports of natural gas from Canada in the western U.S. declined to 6.2 Bcf/d in April and 6.3 Bcf/d in May 2020, according to the EIA and Genscape. – Canadian natural gas prices have climbed above Henry Hub, as prices in the U.S. declined […]
