April 24, 2020/OilPrice.com While oil prices have rebounded from the record lows they hit last week, the rebound is likely to only be temporary as more bearish news piles up. Friday, April 24th, 2020 Oil prices stabilized by Friday after arguably the wildest week in the history of the oil […]
OPINION/EDITORIAL
Week-To-Date Update: Coronavirus across Africa
April 24, 2020/United Capital Report Weekly Pan-African Monitor According to the latest data from the Africa Centre for Disease and Prevention, the total number of confirmed COVID-19 cases in Africa grew by 30.8% WTD to 25,937. Also, the total number of deaths as a result of the virus advanced by […]
Suspension of Debt Payments to MDBs a Risk to Rating-Warns Fitch
April 23, 2020/Fitch Ratings Suspension of sovereign debt payments owed to multilateral development banks (MDBs) would be negative for MDB ratings unless they were fully compensated by their shareholders, Fitch Ratings says. The G20 and Paris Club called for MDBs to ‘explore the options for suspension of debt service payments’ […]
