OPINION/EDITORIAL

COVID-19 Pandemic and the Caribbean: Navigating Uncharted Waters

April 29, 2020/IMFBlog y Krishna Srinivasan, Sònia Muñoz, and Varapat Chensavasdijai As the COVID-19 pandemic continues to spread across the globe—bringing severe human and economic costs—the Caribbean is no exception. With over 1,000 confirmed cases, many countries have taken strong containment measures, such as border closures and lockdowns, to “flatten […]

Earnings Season Will Be A Bloodbath For Oil Producers

April 28, 2020/OilPrice.com Chart of the Week –    Weekly U.S. consumption of petroleum products averaged 14.1 mb/d for the week ending on April 17, down about a third from the pre-pandemic average. –    Gasoline consumption averaged 5.3 mb/d, down from 8.9 mb/d year-to-date through early March. –    Distillate demand […]

Coronavirus COVID-19 and its impact on loans and real estate arrangements

April 28, 2020 By Loice Erambo, Associate, DLA Piper Africa, Kenya (IKM Advocates) In the wake of the spread of the coronavirus COVID-19 global pandemic, the real estate and loan markets in Kenya are bound to be affected. On 16 March 2020, H.E. Uhuru Kenyatta, the President of Kenya revealed that […]