Tagged economy

Over the past weeks the global patchwork of economic interactions has unravelled, with economic activity grinding to a near halt as consumer spending collapsed, businesses closed, financial markets imploded, and supply chains fractured. According to the International Monetary Fund’s (IMF) Managing Director, the world has entered into ‘a recession at least as bad as during…

COVID-19, the coronavirus that made its presence felt first in China a few months ago is currently laying siege on the whole world. Country after country impose restrictions on the movement of people to reduce the probability of infection, with the number of enforced lockdowns increasing fast. The resulting reduction in demand for goods and…

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