Covid-19
Documents Leaked to Reuters Raise Concerns about COVAX
COVAX Launched in April 2020, the Access to COVID-19 Tools (ACT) Accelerator partnership was convened by the World Health Organisation (WHO), Gavi – the Vaccine Alliance and The Coalition for
Canada’s Second COVID Lockdown
The placing of Canada’s most populated region under stricter lockdown measures is likely to lengthen the road to economic recovery post-COVID.
Cry for me, Argentina: COVID-19 and Economic Woe
2020 cannot be described as a good year for Argentina. Already struggling with high inflation and a sovereign debt of over $300 billion, the onset of the COVID-19 pandemic confronted the Argentine government with new financial drains and economic hurdles. Faced with this crisis, Argentina’s economy has undergone a severe contraction. Though Argentina’s economic situation is, along with that of many other countries affected by the pandemic, expected to rebound in 2021, indications are not positive for a long-term indication in the country’s economic situation.
The Influence of COVID-19 on the Future of US Politics at Home and Abroad
The two candidates for the 2020 US election both centered their campaigns on major dividing issues, including the global pandemic. The politicized debate around COVID-19 revealed the cultural differences that divide the United States, and forecasts change in the coming year in US domestic and foreign policy.
Sweden Might Avoid a Second Wave, But at What Cost?
Sweden has taken a notably lax approach to dealing with Coronavirus, avoiding lockdowns and trying to act as if all were normal. However, this apparent indifference to the worldwide pandemic has born costs to Sweden’s international reputation, and the economic benefits appear somewhat smaller than hoped.
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?
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.
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.
