The British government unveiled its “battle plan” to tackle the spread of coronavirus on Tuesday, with possible measures including school closures, home working and canceling large-scale gatherings to delay the Continue Reading
Central banks have met their match. They cannot counter the economic havoc caused to global supply chains from the coronavirus. Nor can tax cuts or a blast of government spending Continue Reading
Global exploration and production (E&P) investments may take a substantial hit this year because of the coronavirus, as staffing and supply shortages at key construction yards in Asia and beyond Continue Reading
Flights canceled in Europe, schools closed in Japan, towns quarantined in Italy and panic in California. The coronavirus crisis has gone global, and with it, its impact on energy demand. For Continue Reading
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
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
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
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
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
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
