Business in Times of Corona: The Dangerous Fruit of the Magic Money Tree

In one of life’s little ironies, it was not the senator from Vermont but the billionaire businessman from New York who brought social democracy to the United States. The massive federal aid package now working its way through Congress is

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Business in Times of Corona: Pandemic Puts Eurobonds Back on the Table

The leaders of nine Eurozone countries on Wednesday refloated the previously discarded idea of issuing Eurobonds, a collective debt instrument backed by the combined securities of participating countries, as a way of pooling risk and mitigating the economic impact of

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Business in Times of Corona: Wise Words from Omaha

The life lesson imparted by the Oracle of Omaha does not require much deciphering: Cash is King. Long criticised for hoarding large amounts of readily deployable cash, the third largest publicly listed company in the world, Berkshire Hathaway, stands to

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Looking for Bounce: Analysts Expect Short V-Shaped Recession

Ray Dalio, founder and CEO of hedge fund manager Bridgewater Associates, expects US corporations to lose at least $4 trillion due to the economic damage wrought by the corona pandemic. He calls for the doubling of the aid package being

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Business in Times of Corona: World Bank and IMF Ready to Assist Low- and Middle-Income Countries

As concerns grow over the impact of the pandemic on less resilient economies, multilaterals such as the World Bank Group (WBG) and the International Monetary Fund (IMF) are readying and deploying emergency response packages. Earlier this week, Kenya received a

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Business in Times of Corona: Trillions mobilised to Prop Up Economies

There seems to be no upper limit to the volume of funds that governments can deploy to keep the fires burning. As the US administration mulls a whopping $1.2 trillion stimulus package, the European Central Bank (ECB) on Wednesday surprised

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Business in Times of Corona: The Human Factor

War, pestilence, and other major calamities that threaten to rip apart the fabric of society, usually bring out the best in people. However, if there is one factor that strategists and planners consistently overlook as they prepare for the worst,

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Business in Times of Corona: Steering Economies by Dead Reckoning

Ridiculed and even vilified last week for refusing to drive interest rates deeper into negative territory, President Christine Lagarde of the European Central Bank proved ahead of the curve as she urged – up to four times in about thirty

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Business in Times of Corona: Avoid the Herd and Hold the Line

In times of crisis, when circumstance conspires against clarity and doom inspires basic instinct, philosophy becomes a beacon of reason. “Everyone has a plan until they get punched in the mouth.” Mike Tyson was the source of that insightful yet

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