Business in Times of Corona – COVID-19 Coverage #coronavirus
Resistance Is Futile as Berlin Backs EU Solidarity
For the third time in her 15-year reign, German Chancellor Angela Merkel has sprung a major surprise and taken the
Few Strings in US, Many in Europe
As trillions of dollars and euros were being doled out by governments and central banks trying to buy their way
EU: Stage Set for Clash
The Hague is expected to deploy the biggest gun available to EU member states and roll out its veto to
Business in Times of Corona
Ten weeks ago, CFI.co published a series of five reports on the portent of a novel economic event. Some 70,000
The Value of News
Lee Enterprises for Davenport, Iowa, is a leading US provider of local news. In January, the company paid $140 million
Recession or Depression: Nadir Has Passed, Recovery Delayed
The shape of things to come seems not to resemble the ‘V’ promised early on in the Corona Recession. With
Money for Nothing
From a mere medium of exchange, money has turned into a pixie dust that, sprinkled liberally, brings economies to bloom
Europe’s Golden Eleventh Hour
In true EU fashion, a compromise solution is taking shape for member states unable to power up their economy for
No Quick Recovery for Europe
Just before the weekend, Germany nosedived into a recession after the Statistisches Bundesamt, the country’s statistics bureau, announced a 2.2
Sobering Words from Fed Chairman Powell
This morning, investors are taking stock after being administered a measure of sobering realism by Jerome H Powell, chairman of
Carmakers Running on Fumes
French car manufacturer Renault can be bought for a mere €5.7 billion, a trifling sum in an environment defined by
Otaviano Canuto: Shapes of the Post-Coronavirus Economic Recovery
Data recently released on the first-quarter global domestic product (GDP) performance of major economies have showed how significant the impact
Caught in a Bind: Tax Avoiders Excluded from Corona Relief Funds
Consider a company that has furloughed a quarter of its workforce, and now intends to fire these 1,100 workers, all
A Famine of ‘Biblical Proportion’
The worst humanitarian crisis since the end of World War II. That is how World Food Programme (WFP) Executive Director
Optimism in the Face of Disaster
Xavier Becerra Don’t apply for benefits, ask for a job. US unemployment centres are now hiring. In a single month,
A Troubling Edict from Karlsruhe
The European Union is facing the sharpest contraction of economic output since its founding in 1957. This year, the EU’s
Private Equity Takes Care of Its Own
The creativity displayed by private equity fund managers when snapping up companies and squeezing out profits has apparently evaporated into
Schalke 04 Fighting for Its Life and Soul
Ausgliederung. What wrecked the deep emotional bond between British football fans and their club is now coming to Germany: The
IFC Insights: How to Rebuild From the Shock of COVID-19
By Andrew Mayeda Mohamed A. El-Erian is chief economic advisor at Allianz, the corporate parent of PIMCO, where he served
IMF Country Focus: Pacific Islands Threatened by COVID-19
Already among the most remote countries on earth, Pacific island states saw their vital economic links weakened in recent months
Just Transition Mechanism: the EIB and the European Commission join forces in a proposed new public loan facility to finance green investments in the EU
Today, the European Commission presents its proposal for a public sector loan facility under the Just Transition Mechanism. The facility
World Bank Blogs: COVID response, desert locusts, a new chief economist, and more
This week was significant for the World Bank Group, and I would like to quickly highlight some key developments from
WHO Director-General’s opening remarks at the media briefing on COVID-19 – 25 May 2020
Good morning, good afternoon and good evening. Today is Africa Day – an opportunity to celebrate Africa’s vitality and diversity,
COVID-19 Worsens Pre-existing Financial Vulnerabilities
By Tobias Adrian and Fabio Natalucci Much the same way COVID-19 hits people with pre-existing health conditions more strongly, so is the pandemic-triggered
COVID-19: UNESCO and ICOM concerned about the situation faced by the world’s museums
On the occasion of International Museum Day, two studies by UNESCO and the International Council of Museums (ICOM) confirm that
COVID-19: No free movement of critical workers without adequate protection
Pandemic highlights precarious working conditions for hundreds of thousands of cross-border and seasonal workers in the EU Member states must
Econvue: Have we reached the turning point?
As this Memorial Day weekend without parades comes quietly to an end, there is definitely a feeling in the air
EIB – Spain: COVID-19 – EIB provides Madrid Region with EUR 600 million to strengthen its response to the health emergency
The European Investment Bank (EIB) is assisting the Madrid Region in its efforts to tackle the COVID-19 health emergency. The
World Bank Group: 100 Countries Get Support in Response to COVID-19 (Coronavirus)
Unprecedented Crisis Could Push Up to 60 Million into Extreme Poverty WASHINGTON, May 19, 2020— The World Bank Group today announced
WTO goods barometer flashes red as COVID-19 disrupts world trade
The volume of world merchandise trade is likely to fall precipitously in the first half of 2020 as the COVID-19
AstraZeneca advances response to global COVID-19 challenge as it receives first commitments for Oxford’s potential new vaccine
Company working on a number of agreements in parallel to ensure broad and equitable supply of the vaccine throughout the
Islamic Development Bank: US$10 billion to help its MCs: Final Communiqué Heads of Arab Coordination Group Institutions
At the invitation of H.E. Dr. Bandar Hajjar, the Heads of Arab Coordination Group institutions met to discuss a coordinated
WHO: People living longer and healthier lives but COVID-19 threatens to throw progress off track
All over the world, the COVID-19 pandemic is causing significant loss of life, disrupting livelihoods, and threatening the recent advances
World Bank: How Countries Can Expand Access to Digital Financial Services
A new report by Ceyla Pazarbasioglu, Alfonso Garcia Mora, Mahesh Uttamchandani, Harish Natarajan, Erik Feyen, and Mathew Saal provides valuable
DG Azevêdo hails G20 pledges on trade cooperation in COVID-19 response
WTO Director-General Roberto Azevêdo welcomed G20 ministers’ endorsement of collective action measures to mitigate the impact of the COVID-19 pandemic
EIOPA: European insurers face increased risk exposures due to Covid-19, but market perceptions and imbalances remained at medium level
Today, the European Insurance and Occupational Pensions Authority (EIOPA) published its updated Risk Dashboard based on the fourth quarter 2019
