Set economic growth aside, intensify redistribution
The sectors that have been most impacted are transport, hospitality, and real estate
By going with ETFs, you eliminate decision-making, and emotional biases that come into play when picking active funds
Many workers in the gig economy, dominated by service sector start-ups, are poorly protected against income losses in a recession
From global economic cost of Covid-19 crisis, to a second relief package by the US, an elusive one by the EU, and Dubai allowing home delivery of liquor - read these and more in today's world dispatch
Drop in world commerce might be biggest since the Great Depression
World Bank and IMF must step up to protect pvt sector, govts
Sentiment improves as virus spread shows signs of slowing
While valuations are attractive, disruption will keep volumes muted
More than 1 million people worldwide have been infected with Covid-19
In the space of just 24 hours, 6,095 infected people died - nearly twice the total number of deaths in China, where the virus and Covid-19, the disease it causes, originated.
Scale became critical because of steadily increasing capital intensity that the new technologies engendered
Taking into account rapidly changing economic conditions, the UN DESA's World Economic Forecasting Model has estimated best and worst-case scenarios for global growth in 2020.
With two-thirds of the world's population living in developing countries facing unprecedented economic damage from the Covid-19 crisis, the UN is calling for a $2.5 trillion a rescue package
G20 leaders pledged last week to inject over $5 trillion into the global economy to limit job and income losses caused by border closures and sweeping shutdowns
Germany will not ease measures to prevent the spread of coronavirus before at least April 20, Chancellor Angela Merkel's chief of staff said
The COVID-19 pandemic threatens the world with disaster. But the crisis also offers govts a rare chance to undertake policy changes that can boost the global economy's long-term growth potential.
Exceptional circumstances are sometimes the catalyst for exceptional leaders to emerge; they can also be extremely harsh for those who fail the leadership test.
Financial market volatility is at levels that last occurred during the global financial crisis, said Moody's
The Fed also announced its latest effort to reassure dealers and other financial institutions that it will provide as much liquidity as needed to keep markets functioning smoothly.