Business in Times of Corona – COVID-19 Coverage #coronavirus

 

Double Dip Recession in the Making, UK Expected to Emerge First

The Deutsche Bundesbank expects a double dip recession. Analysing non-traditional indicators such as Google Map traffic data and air and

Europe Drifts Away as Its US Bogeyman Prepares to Leave

Tired of dancing to an American tune, the European Commission is ready to challenge the global supremacy of the US

Bitcoin: A Fatal Lapse of Memory

Stephan Thomas is a rich man. Recently, the value of his assets ballooned to a staggering $260 million. There is,

The Sudden Fall and Coming Resuscitation of Reaganomics

Trickle-down economics was counted amongst the first fatalities of the corona pandemic. The belief that government interference with the functioning

Whilst Trade Talks Falter, Brits Celebrate Vaccine First

Mind the paradox. Thanks to EU law, the UK has become the first country to certify for clinical use the

Stock Markets Celebrate Whilst Real Economy Mourns

Stock markets ended November on record highs as cash poured into equities to deliver an early Christmas to investors. The

UK Struggles with Economic Illiteracy as Crisis Worsens

Britons’ grasp of basic economics is tenuous at best and more likely than not, virtually inexistent. A report commissioned by

Orban on Orbán: Cease and Desist, Your Position Is Untenable

Europe’s other ‘Orban’ sounds much more reasonable than the vociferous original one. Prime Minister Ludovic Orban of Romania yesterday chastised

World Bank’s Vice President for Infrastructure: Now is the Time to Rethink Transport and Logistics

Covid-19 has had a huge impact on transport. The response to the pandemic, from social distancing to lockdown policies for

Moderna Delivers Booster Shot for Wavering Markets

Equity markets received a potent booster shot on Monday and barrelled ahead on news that a vaccine developed by US

Joe Biden No Panacea to Global Trade Troubles

The imminent departure from the White House of the self-styled dragon-slayer does not necessarily bode well for Chinese President Xi

Fed Chair Powell: “Recovering to a Different Economy”

A river runs through it. President Christine Lagarde of the European Central Bank (ECB) argues that safely fording the ‘big

Commissioner Gentiloni on EU Economy: Andante Ma Non Troppo

The V-shaped economic recovery expected to unfold next year is merely an illusion sourced from wishful thinking. Yesterday, EU Commissioner

Investors Depart as Tech Stocks Come Under Assault

Zoom zonked out this week. Investors dumped shares in the videoconferencing service during a wholesale selloff that drove the company’s

Markets Move in Anticipation of Boom Times

Yesterday, equity markets the world over went near ballistic on the news that an effective vaccine had been developed to

Trumpism 2.0: Message to Survive Delivery Malfunction

A disconnect between the medium and the message deprived US President Donald Trump of a second term in office. However,

President Trump Silenced by Major Networks

Whilst you were not looking the five largest US tech companies added some $700 billion to their combined market cap

The Book That Trump Rewrote

The lesson learnt from the 2020 US election is that 2016 was not a fluke. The surprise triumph of Donald

WHO: Scientists tackle vaccine safety, efficacy and access at global R&D forum

More than 2,800 scientists from 130 countries gathered on Friday (January 15) in a virtual forum hosted by the World

Impact at IFC: In Kosovo, Microfinance Expands Herds—And Hopes

Until three years ago, Remzi Bala had a small family homestead in central Kosovo, but with just one old tractor

World Bank Blogs: Updated estimates of the impact of COVID-19 on global poverty: Looking back at 2020 and the outlook for 2021

The Poverty and Shared Prosperity Report 2020 (PSPR2020) reported that COVID-19 was likely to push between 88 and 115 million people into

European Commission on Coronavirus: Commission concludes exploratory talks with Valneva to secure a new potential vaccine

Today, the European Commission concluded exploratory talks with the pharmaceutical company Valneva with a view to purchasing its potential vaccine

European Parliament on Covid-19: how the EU can help small businesses

Small companies have been hit hard by the Covid-19 crisis. MEPs believe the EU can help by easing requirements and

WHO: Global scientists double down on SARS-CoV-2 variants research at WHO-hosted forum

Global scientists are intensifying research into COVID-19, as the World Health Organization (WHO) moves to expand its scientific collaboration and

UN News: Fewer protections, lower wages, and higher health risks – Homeworking in the COVID era

The UN’s labour agency (ILO) called on Wednesday for greater recognition and protection for the hundreds of millions of people

IMF Country Focus: IMF Policy Support Program Helps Serbia Advance Reforms and Cope with COVID-19

Serbia’s economic reform program, which has been supported by the IMF since July 2018, will come to a close at

European Commission: Commission proposes to purchase up to 300 million additional doses of BioNTech-Pfizer vaccine

The European Commission today proposed to the EU Member States to purchase an additional 200 million doses of the COVID-19

UN News: WHO warns of COVID-19 ‘tipping point’ as cases rise across Europe

The World Health Organization (WHO) has warned of a “tipping point” in the fight against COVID-19, amid surging cases in

The World Bank: A Subdued Recovery, with Damage to Undo

The global economy is expected to recover in 2021 from the deep recession caused by COVID-19. Nevertheless, as the January 2021 Global

Impact at IFC: In Afghanistan, Women Entrepreneurs Keep the Dream Alive

By Zia Ur Rehman For Selsela Nihan, coming home meant a fresh start—and a chance to live her dream. When

IMF Annual Report 2020

Message from the Managing Director Dear Reader, This year, as the world faced a crisis like no other, the IMF

First operation under Pan-European Guarantee Fund (EGF): EIB and Banca March support Spanish companies affected by the COVID-19 crisis

The EIB Group will provide a total of €270 million to Banca March via three agreements, to mobilise over €600 million for

WTO paper explores role of trade policy in the rapid roll-out of COVID-19 vaccines

The WTO Secretariat has published a new information note on trade-related issues for COVID-19 vaccine production, manufacturing and deployment. The

IMF Blog: Reclaiming Our World Post-2020

As 2020 draws to a close, many of us cannot wait for this annus horribilis to end. And for good reason: this

UN News: New COVID-19 variants under the microscope as travel bans mount over UK mutation

The UN health agency chief said on Monday that scientists have been working to understand new COVID-19 variants that have

European Commission: Questions and Answers: COVID-19 vaccination in the EU

With which companies have you concluded COVID-19 vaccine agreements? The Commission is negotiating intensely to build a diversified portfolio of