March 20, 2020/Fitch Rating The coronavirus crisis is crushing global GDP growth according to Fitch Ratings in its latest quarterly “Global Economic Outlook” (GEO) published today. “The level of world GDP is falling. For all intents and purposes we are in global recession territory,” said Brian Coulton, chief economist at […]

March 20, 2020/OilPrice.com The rebound in oil prices on Thursday didn’t last long as bearish sentiment once again took hold on Friday morning, with some analysts contemplating the possibility of $5 WTI. Friday, March 20th, 2020 Oil prices rebounded on Thursday on hopes of a trillion-dollar stimulus package from Washington, […]

March 20, 2020/IMFBlog This blog is part of a special series on the response to the coronavirus. By Helge Berger, Kenneth Kang, and Changyong Rhee The impact of the coronavirus is having a profound and serious impact on the global economy and has sent policymakers looking for ways to respond. […]