How is COVID-19 affecting the global economic order?

Supply chains collapse, companies are facing bankruptcy, and mass unemployment ensues. Covid-19 has triggered a global financial crisis and is forcing states to develop rescue packages on a scale not seen before. In addition, ...

COVID-19's historic economic impact in the U.S. and abroad

More than 2.1 million people around the world have become infected with COVID-19, and more than 140,000 people have died from the disease. The United States, now approaching 650,000 infections, is the new epicenter of the ...

The coronavirus crisis: A catalyst for entrepreneurship

Throughout human history, crises have been pivotal in developing our societies. Pandemics have helped advance health-care systems, wars have fuelled technological innovations and the global financial crisis helped advance ...

V-shaped or U-shaped? Some economists upbeat on virus recovery

The coronavirus pandemic has hit like a worldwide hurricane, shutting activity in most economies simultaneously, but some forecasters are more optimistic about the prospects for recovery once the worst has past.

COVID-19 to push a half-billion people into poverty

The economic fallout from the coronavirus pandemic could increase global poverty by as much as half a billion people or eight percent of the world's population—according to new research.

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