Covid-19

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Asia Pacific Covid-19

Thailand’s Economy and the Pandemic: Facing Delays and Difficult Choices

Thailand is one of the few countries that can claim to have restricted the internal spread of COVID-19 so far. The country has yet to reach 3500 total cases, with limited deaths, currently at 58. A timely border closure supported by initiatives that were broadly embraced by Thai citizens have contributed to this arguably successful containment, especially considering the size of Thailand’s population at nearly 70 million citizens. But has it truly been a success?

Covid-19 Economics

Making History: Coronavirus and Negative Oil Prices

Since the beginning of the Coronavirus pandemic, there has been a loss of 1/3rd global demand – more than 30 million barrels per day (BPD). The virus instilled a level of uncertainty for oil traders, but the catalyst for the initial drop in price can be attributed to the escalating price war between Russia and Saudi for market share, eventually leading Saudi to flood the market with oil.

Covid-19 Economics Insights North America

US: Inflationary pressures are highly unlikely

As a response to the Covid-19 outbreak, the United States unveiled a $2 trillion package in March – the largest of its kind. Aside from the expansion of debt, potential inflation has been a cause for concern. But several factors ensure that broad inflationary pressures will almost certainly be absent during the lockdown, and, likely, in the immediate period after.