Coronavirus: IMF predicts deep recession
Washington D.C. – The International Monetary Fund (IMF) predicted that the “Great Lockdown” recession would be the steepest in almost a century as the number of confirmed coronavirus cases neared the 2 million mark on Tuesday. A tally from the US-based … Continue reading Coronavirus: IMF predicts deep recession
China: March loans surge to 2.85 trillion Yuan
BEIJING – New bank lending in China rose sharply to 2.85 trillion yuan ($405 billion) in March, with total social financing hitting a record, as the central bank pumped in more liquidity and cut funding costs to support the coronavirus-ravaged … Continue reading China: March loans surge to 2.85 trillion Yuan
Getting ahead of the next stage of the coronavirus
New York – The COVID-19 pandemic is spreading at an extraordinary speed. You have put a crisis team in place and are doing all you can to keep your people safe, stay on top of your business, and deal with the … Continue reading Getting ahead of the next stage of the coronavirus
Coronavirus is reshaping the global economy
New York – It is now clear that COVID-19 has presented the global economy with an unprecedented challenge. In the United States and Europe, efforts to control the virus through lockdowns are likely to lead to the largest decline in economic … Continue reading Coronavirus is reshaping the global economy
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