Culled—Proshare May 11, 2020 By Ekerete Ola Gam-Ikon Sounds unthinkable, indeed preponderous and only worth considering due to the season we are in, when the strongest and smartest are, afterall, not as we thought. Right? These are times that the solution to the biggest problem the World has may be […]

May 11, 2020/IMFBlog By Davide Furceri, Prakash Loungani, Jonathan D. Ostry The COVID-19 crisis is now widely seen as the greatest economic calamity since the Great Depression. In January, the IMF expected global income to grow 3 percent; it is now forecast to fall 3 percent, much worse than during […]

Culled—Proshare May 10, 2020 Moody’s Investors Service The rapid global spread of the coronavirus has led to a deteriorating economic outlook, sharply lower oil prices and broad financial market upheaval, generating an unprecedented credit shock across many sectors worldwide. Our current baseline economic scenario assumes pandemic-driven disruption of economic activity […]