CORONAVIRUS (COVID-19) SARS-COV-2
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India’s Second Wave of Covid-19 may Extract a Large Economic Cost
Just as India started showing signs of economic recovery, it has been hit by this massive second wave of covid-19 infection. Economists believe that it would lead to a contraction […]
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Asian Markets Set to Increase on Strong U.S. Equities
On Tuesday, Asian stocks were scheduled to open higher after the main indexes on Wall Street closed at record highs and investors were awaiting comments about a meeting of the […]
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EU and UK Argue Over Covid-19 Vaccine Nationalism
The United Kingdom (UK) has been accused by the European Union (EU) of obstructing Covid-19 Exports. Charles Michel, the European Council President claimed that the UK had blocked exports of […]
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A Call For Boosting The Production Of Covid-19 Vaccines In Developing Countries
With the threat of the virus still looming, countries are taking all measures to combat it. The virus has affected people as well as economies. While the economies have picked […]
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South East Asia Might See A Boom In Trade
With Covid-19 where demand for oil has gone down, the supply of oil has also faced a setback. The supertankers that used to deliver about one-fifth of the world’s oil […]
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Virus Concerns in Emerging Markets Lower Oil Prices and Drag Currencies
On Monday, the South African rand, the Russian rouble and Mexican peso were leading losses in currencies across emerging markets, as risky assets roiled globally due to a new strain […]
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European Shares Lower after COVID Economic Pain Dulled by Vaccine Shots
On Thursday, European shares were lower after advances in vaccine for the coronavirus had spurred gains, but data across Europe highlighted the economic damage that the pandemic is still inflicting. […]
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Dollar Remains Depressed due to Improved Risk Appetite
On Wednesday, the US dollar nursed some losses, as expectations of a new fiscal stimulus package from the new US government and progress in the development of a COVID-19 vaccine […]
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Vaccine Progress Boosts Stocks, Dollar Remains Sickly
On Monday, oil and share prices rose while the dollar declined, as investors pinned their hopes on coronavirus vaccines to revive the economy, even with delays to fresh US financial […]
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World Stocks Heading for Record High on Vaccine Hopes, Recovery
On Monday, global stocks neared a fresh record high as investor sentiment was bolstered by hopes of a coronavirus vaccine, recent strong corporate earnings and signs of economic recovery. There […]