OPINION/EDITORIAL

A Global Crisis Like No Other Needs a Global Response Like No Other

April 20, 2020/IMFBlog By Kristalina Georgieva I have been saying for a while that this is a “crisis like no other.” It is: More complex, with interlinked shocks to our health and our economies that have brought our way of life to an almost complete stop; More uncertain, as we […]

Oil Prices Fall Towards $15 As Storage Nears Capacity

April 17, 2020/OilPrice.com Fears of global crude storage hitting capacity are now dominating markets, sending oil prices falling even further as analysts search for a bottom. Friday, April 17th, 2020 WTI fell below $18 per barrel in early trading on Friday, as a deepening gloom swept over the market. China […]

COVID-19 and the SSA region: Entering a period of negative growth

April 17, 2020/United Capital Report According to the IMF’s recently published Regional Economic Outlook for SSA, growth in 2020 is projected to decline by –1.6%. This will be the lowest level in more than 20 years, as the coronavirus outbreak threatens to break the region’s 2 straight decades of positive […]