April 14, 2020/Coronation Report The Nigerian Stock Exchange All-Share Index (NSE-ASI) staged a rally last week (see Model Equity Portfolio), reflecting optimism. Part of that optimism came from market speculation, later confirmed, of a deal between the US, OPEC and Russia to reduce oil production. But oil prices have barely […]
OPINION/EDITORIAL
COVID-19 Crisis Poses Threat to Financial Stability
April 14, 2020/IMFBlog By Tobias Adrian and Fabio Natalucci The COVID-19 pandemic has caused an unprecedented human and health crisis. The measures necessary to contain the virus have triggered an economic downturn. At this point, there is great uncertainty about its severity and length. The latest Global Financial Stability Report […]
The Great Lockdown: Worst Economic Downturn Since the Great Depression
April 14, 2020/IMFBlog By Gita Gopinath The world has changed dramatically in the three months since our last update of the World Economic Outlook in January. A rare disaster, a coronavirus pandemic, has resulted in a tragically large number of human lives being lost. As countries implement necessary […]
