Coronavirus latest: at a glance
A summary of the biggest developments in the global coronavirus outbreak
Month: May 2020
Hong Kong no longer has autonomy from China, Mike Pompeo says
US will end special trade relations with Hong Kong, which could seriously impact the territory’s economy
The IEA warns global energy investment will fall by $400 billion in 2020, the biggest drop in the sector’s history
Global investment in the energy sector is expected to plunge by almost $400 billion in 2020 compared to last year as the pandemic takes a beating on the energy sector,…
‘Slow crawl out’: World economy starts to mend as lockdowns lift
But higher unemployment, bankruptcies and health fears over a second wave will slow the rebound, analysts say.
Lack of international cooperation will hinder economic recovery
The years after the 2007-09 global financial crisis were characterised by an orgy of rule-making by financial regulators around the world to address the weaknesses exposed by the upheavals.
How China Is Building and Bugging Government Offices In African Nations
China has been building key government offices and facilities in African countries for decades and fitting them with gear that likely allows the Chinese government to spy on everyone, from presidents and…
Bike-OVID19! US Bike Sales Boom In Pandemic As Americans Hit Parks
As we reported earlier, a strange outcome of the COVID-induced lockdown was a surge in bike-sales (and sex toys, apparently). As we wrote here, Australians demonstrated odd purchasing habits during…
Why 2020 is not 1930….or is it? Alhambra knocks it out of the park with another skillfully crafted report…..NOT written by an economist!
Jeffry P Snider, Head of Global Research at Alhambra Investments, outlines the key differences between the all-too-commonly referenced 1930’s crash, and how the current-day circumstances differ, or don’t. Jeffrey is…
Say it ain’t so!!!?…..Horndog hedge funders accused of ranking female workers, Chelsea Clinton
A Manhattan hedge fund is a hotbed of sexual harassment, with staff members ranking female employees in “f–k, marry and kill” categories,
Increasing number of reports suggest Global recovery to take years. V-Shape rebound highly unlikely….unless, the Fed…….??
Ms. Sara Johnson, CBE Nariman Behravesh, Ph.D. of IHS Markit have outlined what many pundits have been claiming in recent weeks. They outline a case for an extended recovery, very unlike…