Content

The future is here

May 20, 2020

WTO warns of global trade on the brink, Trump mulls Brazil travel ban as new cases rise

By Atlantic Council

CORONAVIRUS ALERT 5/20/2020 The Atlantic Council’s Coronavirus Alert is a regular summary of policy, economic, and business events around the emergency. To stay updated, sign up to the Coronavirus Alert here. In top stories today: The World Trade Organization (WTO) said the coronavirus outbreak is pushing world trade to the brink as supply chains face disruption. US […]

Coronavirus

New Atlanticist

May 20, 2020

The day after COVID-19 and saving emerging markets

By Mohammed Soliman and Francisco Campos

While developed markets have responded with historical levels of fiscal stimulus, globally there is immediate fiscal need in the emerging markets to tackle the health and economic fallout.

Africa Coronavirus

In the News

May 19, 2020

Lakhani as a moderator for the Sankalp Dialogues: How can Pakistani Entrepreneurs Navigate through Covid-19?

By Atlantic Council

Coronavirus Entrepreneurship

The future is here

May 19, 2020

France, Germany back 500-billion-euro recovery plan; UK hits grim milestone on death toll

By Atlantic Council

France and Germany backed a 500-billion-euro recovery plan funded by extra borrowing in response to the coronavirus crisis. The UK reached a grim milestone of deaths from the virus, increasing pressure on Prime Minister Boris Johnson over his handling of the outbreak.

Coronavirus

In the News

May 18, 2020

Hruby quoted in the Financial Times on the use of artificial intelligence systems to solve health problems in Africa

By Atlantic Council

Africa Coronavirus

EnergySource

May 18, 2020

Coronavirus emergency measures should persuade Ukraine, Romania, and Turkey to legitimize energy reform, not reverse it

By Dr. Aura Sabadus

For years, Eastern European governments and Turkey have bought into a global trend, arguing that long-term strategies in the energy sector should revolve around market deregulation. In light of the coronavirus outbreak and the emergency measures implemented worldwide to contain it, the energy industry may now face an increase in interventionist policies such as price controls and consolidation of state-owned enterprises as governments push to mitigate the shockwaves of expected consumer impacts. Such measures would be detrimental to economies, and there are compelling arguments that suggest governments should remain committed to their initial market goals.

Coronavirus Eastern Europe

New Atlanticist

May 18, 2020

India’s new COVID MSME package: Critical assistance or symbolic gesture?

By Ketki Bhagwati

The plan's centerpiece, the loan guarantee program, which transfers the full liability of loan losses of eligible borrowers to the exchequer, however, appears ill-conceived at a time when the government is scrambling to contain the fiscal deficit. Structuring the program to cover the credit and performance risks of MSME loan portfolios of financial institutions through risk participation or risk sharing would have been a wiser choice for the government.

Coronavirus India

IranSource

May 18, 2020

Oil price drop brings more economic challenges for Iran

By Ebad Ebadi

he sharp oil price drop on April 20 was the worst thing that could have happened to Iran’s fragile economy.

Coronavirus Politics & Diplomacy

New Atlanticist

May 18, 2020

Partial Eurobond not the answer to Europe’s coronavirus economic downturn

By Bart Oosterveld

Some have argued that a partial Eurobond instrument, backed for example by France, Italy, and Spain, could be set up as a risk sharing and/or solidarity tool to partially finance the recovery out of the economic downturn caused by the pandemic. This is a truly awful idea as such an instrument would deliver none of the potential benefits of a Eurobond, while simultaneously creating asymmetric risks on capital markets.

Coronavirus European Union

The future is here

May 18, 2020

China calls for WHO probe, defends own performance; signs of recovery seen in Germany

By Atlantic Council

China called for an independent review of the World Health Organization’s (WHO) handling of the coronavirus outbreak while defending its own performance. Germany’s central bank sees signs of economic recovery as European nations continued a cautious and gradual reopening of daily life.

Coronavirus

Experts