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Month: March 2020

Category:
  • coronavirus

‘This Will Be a Long Battle’: More Countries Report First Coronavirus Deaths

More countries reported their first coronavirus fatalities and the toll grew in places such as China, as the number of deaths from the epidemic globally nears 3,000. Hours after the Continue Reading

Posted On : 2 Mar 2020 Published By : Tom Whipple
Category:
  • coronavirus

Calls for policymakers to act to prevent coronavirus ‘doom loop’

Disruptions caused by the coronavirus outbreak that originated in China and is now spreading through the rest of the world are driving the global economy closer to a recession, triggering Continue Reading

Posted On : 2 Mar 2020 Published By : Tom Whipple
Category:
  • coronavirus

Why a Coronavirus Recession Would Be So Hard to Contain

It looks more and more likely that the novel form of coronavirus will do meaningful economic damage to the United States. Stock and bond prices already suggest that the outbreak Continue Reading

Posted On : 2 Mar 2020 Published By : Tom Whipple
Category:
  • China

China’s Oil Demand Could Rebound Sooner Than Expected

China’s fuel demand has materially weakened after the coronavirus outbreak forced authorities to lock down cities and discourage travels. Some estimates put the current demand loss in China at around Continue Reading

Posted On : 2 Mar 2020 Published By : Tom Whipple
Category:
  • Prices
  • USA

Stock Market Today: Dow, S&P Live Updates for March 2

U.S. index futures turned lower alongside European stocks on Monday as equity markets struggled to end the worst rout since the financial crisis amid the ongoing spread of the coronavirus. Continue Reading

Posted On : 2 Mar 2020 Published By : Tom Whipple
Category:
  • coronavirus

Coronavirus Latest News: Italy Cases Surge, More U.S. Cases Found

Iran reported a 50% increase in coronavirus infections, while New York City, Brussels and Berlin all reported their first cases. The OECD warned that global economic growth will sink to levels Continue Reading

Posted On : 2 Mar 2020 Published By : Tom Whipple
Category:
  • coronavirus

Coronavirus Spreading Faster Outside China Than Within

The global death toll from the novel coronavirus surpassed 3,000 Monday, as new cases jumped in Italy and South Korea and three more nations reported their first confirmed patients. The Continue Reading

Posted On : 2 Mar 2020 Published By : Tom Whipple
Category:
  • coronavirus

Global Growth to Slow Sharply as Coronavirus Takes Heavy Toll, Says OECD

The global economy will slow sharply this year as governments attempt to contain the coronavirus epidemic, although the scale of the setback is highly uncertain, the Organization for Economic Cooperation Continue Reading

Posted On : 2 Mar 2020 Published By : Tom Whipple
Category:
  • coronavirus
  • USA

Live updates: Coronavirus defies travel curbs; markets stage cautious recovery on stimulus hopes

The novel coronavirus continued its march around the globe Monday, despite travel restrictions aimed at curtailing its spread, but hopes of a coordinated monetary response by central banks lifted world Continue Reading

Posted On : 2 Mar 2020 Published By : Tom Whipple
Category:
  • coronavirus

Coronavirus financial collapse: “Central banks can’t come up with vaccines”

In a global society optimized for finance, it is easy to believe that finance holds the answer to all problems. In 2008 as shipping slowed to a crawl in the Continue Reading

Posted On : 2 Mar 2020 Published By : Tom Whipple

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