OPINION/EDITORIAL

Europe’s COVID-19 Crisis and the Fund’s Response

March 30, 2020/IMFBlog This blog is part of a series providing regional analysis on the effects of the coronavirus. By Poul M. Thomsen COVID-19 has struck Europe with stunning ferocity. While we do not know how long the crisis will last, we know that the economic impact will be severe. […]

Oil Tumbles Towards $20 As Glut Grows

March 27, 2020/OilPrice.com The brief rebound in oil prices was never going to last in the current environment, and as the global crude glut nears historic highs, prices are heading towards $20 Friday, March 27th, 2020 Markets rallied this week as the U.S. Congress appears poised to pass a $2 […]

External Debt Relief: A ray of sunshine for African Economies

March 27, 2020/United Capital Report Recently, in a bid to provide relief to developing economies affected by the COVID-19 pandemic, the World Bank and International Monetary Fund (IMF) announced the suspension of debt repayments by the world’s poorest countries, under the International Development Association (IDA). Also, the two supranational agencies […]