April 6, 2020/IMFBlog By John Bluedorn, Gita Gopinath, Damiano Sandri The COVID-19 pandemic has pushed the world into a recession. For 2020 it will be worse than the global financial crisis. The economic damage is mounting across all countries, tracking the sharp rise in new infections and containment measures put […]
OPINION/EDITORIAL
PMI Reading No 84: Fall on Global Headwinds
Culled—Proshare April 3, 2020 By FBNQuest Research Our manufacturing Purchasing Managers’ Index (PMI), the first of its kind in Nigeria, slipped from 51.7 to 47.9 in March. Our partner, NOI Polls, has compiled the data. The index is to be found in advanced economies such as the ISM’s in the […]
The Largest Oil Market Intervention In History
April 3, 2020/OilPrice.com While the figures quoted in Trump’s tweet appear to be unrealistic, there are now rumors of a global effort to cut production, with OPEC hosting a meeting on Monday on the topic. Friday, April 3rd, 2020 Oil prices surged by the most on record in percentage terms […]
